<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001104659-24-117984</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: CANADA PENSION PLAN INVESTMENT BOARD -->
          <cik>0001283718</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>06/30/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001745201</issuerCik>
        <issuerName>Viking Holdings Ltd</issuerName>
        <issuerCusip>G93A5A101</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>94 Pitts Bay Road</com:street1>
          <com:city>Pembroke</com:city>
          <com:stateOrCountry>D0</com:stateOrCountry>
          <com:zipCode>HM 08</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Canada Pension Plan Investment Board</reportingPersonName>
      <citizenshipOrOrganization>Z4</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>31344744.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>31344744.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>31344744.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>9.9</classPercent>
      <typeOfReportingPerson>FI</typeOfReportingPerson>
      <comments>Item 11 is calculated based on a total of 315,371,680 ordinary shares of the issuer outstanding as of May 1, 2025, as disclosed in the issuer's Rule 424(b)(7) prospectus supplement filed with the Securities and Exchange Commission on May 28, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Viking Holdings Ltd</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>94 Pitts Bay Road Pembroke , D0, HM 08</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Canada Pension Plan Investment Board</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>One Queen Street East, Suite 2500, Toronto, Ontario M5C 2W5
Canada</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Canada</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>See Item 9 on page 2.</amountBeneficiallyOwned>
        <classPercent>See Item 11 on page 2.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>See Item 5 on page 2.</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>See Item 6 on page 2.</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>See Item 7 on page 2.</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>See Item 8 on page 2.</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>Y</notApplicableFlag>
      </item10>
    </items>
    <exhibitInfo>99.1 Power of Attorney (incorporated by reference to Exhibit 99.1 of the Schedule 13G/A filed by the reporting person in respect of the issuer on February 13, 2025)</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Canada Pension Plan Investment Board</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Kathryn Daniels</signature>
        <title>Kathryn Daniels, Managing Director, Head of Compliance</title>
        <date>08/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureComments>99.1 Power of Attorney (incorporated by reference to Exhibit 99.1 of the Schedule 13G/A filed by the reporting person in respect of the issuer on February 13, 2025)</signatureComments>
  </formData>
</edgarSubmission>
