<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001283718</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0001745201</issuerCik>
<issuerName>Viking Holdings Ltd</issuerName>
<secFileNumber>001-42039</secFileNumber>
<issuerAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">94 Pitts Bay Road</street1>
<city xmlns="http://www.sec.gov/edgar/common">Pembroke</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">D0</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">HM 08</zipCode>
</issuerAddress>
<issuerContactPhone>441-478-2244</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Canada Pension Plan Investment Board</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>Shareholder</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>Ordinary Shares, $0.01 par value per share</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>BofA Securities, Inc.</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">One Bryant Park</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10036</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>6200000</noOfUnitsSold>
<aggregateMarketValue>367164000.00</aggregateMarketValue>
<noOfUnitsOutstanding>315646491</noOfUnitsOutstanding>
<approxSaleDate>08/20/2025</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>Ordinary Shares, $0.01 par value per share</securitiesClassTitle>
<acquiredDate>05/03/2024</acquiredDate>
<natureOfAcquisitionTransaction>The Ordinary Shares reported herein were acquired upon the automatic conversion of preference shares of the Issuer into Ordinary Shares.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>92133600</amountOfSecuritiesAcquired>
<paymentDate>05/03/2024</paymentDate>
<natureOfPayment>Automatic conversion of preference shares of the Issuer into Ordinary Shares.</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<noticeSignature>
<noticeDate>08/20/2025</noticeDate>
<signature>/s/ Howard Rusak</signature>
</noticeSignature>
</formData>
</edgarSubmission>
