<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <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>
    <issuerInfo>
      <issuerCik>0001745201</issuerCik>
      <issuerName>Viking Holdings Ltd</issuerName>
      <secFileNumber>001-42039</secFileNumber>
      <issuerAddress>
        <com:street1>94 Pitts Bay Road</com:street1>
        <com:city>Pembroke</com:city>
        <com:stateOrCountry>D0</com:stateOrCountry>
        <com:zipCode>HM 08</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>441-478-2244</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>CPP Investment Board PMI-3 Inc.</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>
          <com:street1>One Bryant Park</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10036</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>8900000</noOfUnitsSold>
      <aggregateMarketValue>765934000.00</aggregateMarketValue>
      <noOfUnitsOutstanding>318386000</noOfUnitsOutstanding>
      <approxSaleDate>05/19/2026</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>05/19/2026</noticeDate>
      <signature>/s/ Pierre Abinakle</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
