Alkeon Capital Management LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Alkeon Capital Management LLC reported 79 stock positions worth $25.9 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 6.5% of the portfolio, followed by Amazon.com (AMZN, 5.3%) and Lam Research (LRCX, 5.1%). Compared with Q1 2026, it opened 10 new positions, sold out of 6, added to 14 and reduced 25. The biggest buy was a new position in Applied Materials (AMAT) and the biggest sale Taiwan Semiconductor-SP ADR (TSM, shares −35%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001230239
- Portfolio Value
- $25.9B (Q2 2026)
- SEC Filing
- 0000919574-26-005175 ↗ filed Aug 14, 2026
Holdings Value
Holdings 79 stocks · $25.9B
| TSM Taiwan Semiconductor-SP ADR | 6.51% | 3,536,218 | $1.7B | Reduce -34.8% |
| AMZN Amazon.com Inc. | 5.34% | 5,808,299 | $1.4B | No change |
| LRCX Lam Research Corp. | 5.10% | 3,050,456 | $1.3B | Reduce -21.8% |
| GOOGL Alphabet Inc. Class A | 5.08% | 3,686,368 | $1.3B | Reduce -27.1% |
| QQQ Invesco QQQ Trust Series 1 | 4.57% | 1,608,257 | $1.2B | Add +21.3% |
| KLAC KLA Corp. | 4.37% | 3,759,150 | $1.1B | Reduce -35.3% |
| META Meta Platforms Inc. Class A | 4.23% | 1,945,399 | $1.1B | Reduce -9.3% |
| AMAT Applied Materials Inc. | 4.20% | 1,504,800 | $1.1B | New |
| TER Teradyne Inc. | 4.04% | 2,163,010 | $1.0B | Reduce -22.5% |
| APH Amphenol Corp. Class A | 3.90% | 5,731,348 | $1.0B | Add +24.1% |
| ADI Analog Devices Inc. | 3.17% | 2,069,083 | $821.8M | Add +0.1% |
| CDNS Cadence Design SYS Inc. | 2.35% | 1,622,874 | $609.1M | No change |
| SNPS Synopsys Inc. | 2.19% | 1,270,948 | $566.9M | Reduce -19.0% |
| V Visa Inc. Class A | 1.94% | 1,468,618 | $503.9M | No change |
| TWLO Twilio Inc. Class A | 1.86% | 2,335,700 | $481.9M | Add +26.9% |
| NOK Nokia Corp.-Spon ADR | 1.84% | 36,000,000 | $478.1M | New |
| MKSI MKS Inc. | 1.84% | 1,072,040 | $476.8M | New |
| VRT Vertiv Holdings Co. Class A | 1.84% | 1,421,980 | $476.1M | Reduce -43.2% |
| EXPE Expedia Group Inc. | 1.80% | 1,825,276 | $467.1M | Reduce -26.3% |
| VMC Vulcan Materials Co. | 1.68% | 1,478,646 | $436.2M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.64% | 2,799,971 | $424.2M | No change |
| MA Mastercard Inc. Class A | 1.54% | 778,465 | $399.8M | No change |
| BWXT BWX Technologies Inc. | 1.52% | 2,022,748 | $393.7M | Add +16.3% |
| ETR Entergy Corp. | 1.48% | 3,341,012 | $383.7M | Add +0.5% |
| SIMO Silicon Motion Technol-ADR | 1.41% | 1,100,000 | $366.7M | New |
| MLM Martin Marietta Materials | 1.40% | 627,351 | $361.8M | Reduce -16.1% |
| EQIX Equinix Inc. | 1.34% | 333,775 | $347.9M | Add +42.8% |
| CEG Constellation Energy | 1.23% | 1,284,739 | $319.1M | Reduce -6.5% |
| MSFT Microsoft Corp. | 1.22% | 851,176 | $317.5M | Reduce -29.1% |
| UBER Uber Technologies Inc. | 1.21% | 4,336,005 | $312.9M | Add +12.3% |
| VST Vistra Corp. | 1.19% | 1,946,357 | $308.8M | Reduce -23.6% |
| PWR Quanta Services Inc. | 1.11% | 400,983 | $288.7M | No change |
| CG The Carlyle Group Inc. | 0.96% | 5,941,316 | $250.2M | No change |
| SOXX iShares Semiconductor ETF | 0.92% | 371,200 | $237.9M | Add +19.5% |
| ICE Intercontinental Exchange Inc. | 0.85% | 1,800,310 | $221.6M | No change |
| CRH CRH PLC | 0.84% | 2,046,550 | $219.0M | Reduce -0.2% |
| NVT Nvent Electric PLC | 0.80% | 1,217,317 | $206.5M | New |
| TDG Transdigm Group Inc. | 0.77% | 149,078 | $198.6M | No change |
| MELI MercadoLibre Inc. | 0.72% | 109,499 | $185.9M | Reduce -39.3% |
| BURL Burlington Stores Inc. | 0.71% | 585,000 | $185.3M | Add +7.3% |
| CP Canadian Pacific Kansas City | 0.67% | 2,004,000 | $173.6M | No change |
| DASH DoorDash Inc. Class A | 0.66% | 933,210 | $172.2M | Reduce -21.1% |
| RTX RTX Corp. | 0.65% | 890,000 | $168.9M | Reduce -28.8% |
| NI Nisource Inc. | 0.62% | 3,365,500 | $160.0M | No change |
| GE General Electric filed as GE AEROSPACE | 0.46% | 320,000 | $119.6M | Reduce -54.3% |
| BABA Alibaba Group Holding-SP ADR | 0.44% | 1,200,000 | $115.2M | Add +140.0% |
| SSNC Ss&c Technologies Holdings | 0.42% | 1,764,916 | $109.5M | No change |
| SHW The Sherwin-Williams Co. | 0.41% | 306,735 | $105.6M | No change |
| ROST Ross Stores Inc. | 0.39% | 472,635 | $100.6M | No change |
| ALAB Astera Labs Inc. | 0.37% | 200,000 | $96.6M | No change |
| SPOT Spotify Technology SA | 0.36% | 204,000 | $93.7M | New |
| NVDA Nvidia Corp. | 0.34% | 439,459 | $87.9M | Add +2.3% |
| EDU New Oriental Educatio-SP ADR | 0.31% | 1,727,986 | $79.3M | No change |
| SPGI S&P Global Inc. | 0.30% | 190,416 | $77.5M | No change |
| YMM Full Truck Alliance -SPN ADR | 0.29% | 9,398,535 | $76.3M | Add +5.6% |
| YUM Yum! Brands Inc. | 0.29% | 465,603 | $74.4M | No change |
| CTAS Cintas Corp. | 0.26% | 401,539 | $68.3M | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.24% | 119,700 | $62.5M | No change |
| NAVN Navan Inc. Class A | 0.19% | 2,185,278 | $50.0M | Reduce -18.7% |
| LOW Lowe's Cos Inc. | 0.18% | 213,594 | $47.1M | No change |
| MDGL Madrigal Pharmaceuticals Inc. | 0.17% | 80,000 | $43.0M | No change |
| ORIC Oric Pharmaceuticals Inc. | 0.16% | 3,739,096 | $40.5M | Reduce -17.0% |
| TLT iShares 20+ Year Treasury BD | 0.15% | 463,000 | $40.0M | Reduce -9.4% |
| HNGE Hinge Health Inc. Class A | 0.15% | 466,104 | $38.7M | Reduce -32.6% |
| TOST Toast Inc. Class A | 0.13% | 1,238,096 | $34.4M | No change |
| PATH Uipath Inc. Class A | 0.11% | 2,611,276 | $28.4M | No change |
| SARO Standardaero Inc. | 0.10% | 852,019 | $25.5M | Reduce -29.1% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.10% | 550,000 | $25.2M | Add +10.0% |
| MCHP Microchip Technology Inc. | 0.07% | 206,000 | $18.8M | New |
| XE X-Energy Inc. | 0.07% | 1,000,000 | $18.4M | New |
| CMG Chipotle Mexican Grill Inc. | 0.07% | 500,289 | $17.0M | No change |
| AAPL Apple Inc. | 0.06% | 56,627 | $16.4M | No change |
| DLO Dlocal Ltd. | 0.04% | 823,837 | $10.7M | No change |
| ANRO Alto Neuroscience Inc. | 0.01% | 102,101 | $2.7M | Reduce -55.0% |
| AMD Advanced Micro Devices | 0.01% | 4,510 | $2.6M | New |
| PCTY Paylocity Holding Corp. | 0.01% | 24,683 | $2.6M | No change |
| INTC Intel Corp. | 0.01% | 18,320 | $2.6M | New |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.01% | 825 | $1.6M | Reduce -99.5% |
| FROG Jfrog Ltd. | 0.01% | 14,425 | $1.3M | No change |
Options reported separately and not counted above: QQQ puts ($16.8B), SPY puts ($15.7B), NVDA calls ($1.6B), AMD calls ($1.2B), MCHP calls ($1.1B), AVGO calls ($982.1M), INTC calls ($977.4M), LRCX puts ($975.0M), AAPL calls ($867.8M), ARM calls ($784.3M), MSFT calls ($727.4M), TSM calls ($716.4M), and 18 more.
Portfolio Sells Q1 2026 → Q2 2026
| TSM Taiwan Semiconductor-SP ADR | Reduce -34.8% | 6.51% | −1.78 |
| GOOGL Alphabet Inc. Class A | Reduce -27.1% | 5.08% | −1.51 |
| META Meta Platforms Inc. Class A | Reduce -9.3% | 4.23% | −1.33 |
| SOLS Solstice Adv Materials Inc. | Sold out | 0.00% | −1.27 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -99.5% | 0.01% | −1.08 |
| VRT Vertiv Holdings Co. Class A | Reduce -43.2% | 1.84% | −1.00 |
| MSFT Microsoft Corp. | Reduce -29.1% | 1.22% | −0.79 |
| EXPE Expedia Group Inc. | Reduce -26.3% | 1.80% | −0.79 |
| MELI MercadoLibre Inc. | Reduce -39.3% | 0.72% | −0.70 |
| SNPS Synopsys Inc. | Reduce -19.0% | 2.19% | −0.63 |
| MLM Martin Marietta Materials | Reduce -16.1% | 1.40% | −0.60 |
| VST Vistra Corp. | Reduce -23.6% | 1.19% | −0.54 |
| CEG Constellation Energy | Reduce -6.5% | 1.23% | −0.51 |
| TTMI TTM Technologies | Sold out | 0.00% | −0.46 |
| RTX RTX Corp. | Reduce -28.8% | 0.65% | −0.44 |
| GE General Electric | Reduce -54.3% | 0.46% | −0.44 |
| JCI Johnson Controls Internation | Sold out | 0.00% | −0.16 |
| DASH DoorDash Inc. Class A | Reduce -21.1% | 0.66% | −0.14 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.14 |
| CRH CRH PLC | Reduce -0.2% | 0.84% | −0.13 |
| RBRK Rubrik Inc. Class A | Sold out | 0.00% | −0.11 |
| ORIC Oric Pharmaceuticals Inc. | Reduce -17.0% | 0.16% | −0.10 |
| TLT iShares 20+ Year Treasury BD | Reduce -9.4% | 0.15% | −0.05 |
| SARO Standardaero Inc. | Reduce -29.1% | 0.10% | −0.04 |
| BTDR Bitdeer Technologies Group-A | Sold out | 0.00% | −0.02 |
| ANRO Alto Neuroscience Inc. | Reduce -55.0% | 0.01% | −0.01 |
| HNGE Hinge Health Inc. Class A | Reduce -32.6% | 0.15% | +0.03 |
| NAVN Navan Inc. Class A | Reduce -18.7% | 0.19% | +0.03 |
| TER Teradyne Inc. | Reduce -22.5% | 4.04% | +0.29 |
| KLAC KLA Corp. | Reduce -35.3% | 4.37% | +0.50 |
| LRCX Lam Research Corp. | Reduce -21.8% | 5.10% | +1.32 |
Portfolio Buys Q1 2026 → Q2 2026
| AMAT Applied Materials Inc. | New | 4.20% | +4.20 |
| NOK Nokia Corp.-Spon ADR | New | 1.84% | +1.84 |
| MKSI MKS Inc. | New | 1.84% | +1.84 |
| SIMO Silicon Motion Technol-ADR | New | 1.41% | +1.41 |
| APH Amphenol Corp. Class A | Add +24.1% | 3.90% | +1.25 |
| QQQ Invesco QQQ Trust Series 1 | Add +21.3% | 4.57% | +1.10 |
| TWLO Twilio Inc. Class A | Add +26.9% | 1.86% | +0.81 |
| NVT Nvent Electric PLC | New | 0.80% | +0.80 |
| SOXX iShares Semiconductor ETF | Add +19.5% | 0.92% | +0.45 |
| SPOT Spotify Technology SA | New | 0.36% | +0.36 |
| EQIX Equinix Inc. | Add +42.8% | 1.34% | +0.30 |
| ADI Analog Devices Inc. | Add +0.1% | 3.17% | +0.19 |
| BABA Alibaba Group Holding-SP ADR | Add +140.0% | 0.44% | +0.16 |
| MCHP Microchip Technology Inc. | New | 0.07% | +0.07 |
| XE X-Energy Inc. | New | 0.07% | +0.07 |
| IREN Iren Ltd. | Add +10.0% | 0.10% | +0.02 |
| AMD Advanced Micro Devices | New | 0.01% | +0.01 |
| INTC Intel Corp. | New | 0.01% | +0.01 |
| NVDA Nvidia Corp. | Add +2.3% | 0.34% | −0.00 |
| YMM Full Truck Alliance -SPN ADR | Add +5.6% | 0.29% | −0.04 |
| UBER Uber Technologies Inc. | Add +12.3% | 1.21% | −0.05 |
| BURL Burlington Stores Inc. | Add +7.3% | 0.71% | −0.09 |
| BWXT BWX Technologies Inc. | Add +16.3% | 1.52% | −0.09 |
| ETR Entergy Corp. | Add +0.5% | 1.48% | −0.21 |
Options Activity Q1 2026 → Q2 2026
| QQQ Invesco QQQ Trust Series 1 | put | Add +3.3% | 22,880,000 | $16.8B |
| NVDA Nvidia Corp. | call | Reduce -19.8% | 8,025,000 | $1.6B |
| MCHP Microchip Technology Inc. | call | Add +69.9% | 11,892,000 | $1.1B |
| AVGO Broadcom Inc. | call | Add +15.6% | 2,600,000 | $982.1M |
| LRCX Lam Research Corp. | put | Add +75.1% | 2,250,000 | $975.0M |
| AAPL Apple Inc. | call | Reduce -17.4% | 2,999,100 | $867.8M |
| ARM Arm Holdings PLC-ADR | call | New | 2,211,900 | $784.3M |
| MSFT Microsoft Corp. | call | New | 1,950,000 | $727.4M |
| TSM Taiwan Semiconductor-SP ADR | call | Reduce -63.9% | 1,500,000 | $716.4M |
| PLTR Palantir Technologies Inc. Class A | call | Add +66.7% | 5,000,000 | $583.3M |
| TSLA Tesla Inc. | call | Add +22.7% | 1,350,000 | $567.8M |
| BKNG Booking Holdings Inc. | call | Reduce -17.3% | 3,100,000 | $552.5M |
| SHOP Shopify Inc. Class A | call | Add +12.5% | 4,500,000 | $513.8M |
| QQQ Invesco QQQ Trust Series 1 | call | New | 600,000 | $441.8M |
| HLT Hilton Worldwide Holdings Inc. | call | Reduce -16.8% | 1,185,000 | $391.6M |
| DASH DoorDash Inc. Class A | call | Add +29.4% | 2,070,000 | $382.0M |
| MAR Marriott International Class A | call | Reduce -37.5% | 985,000 | $365.0M |
| MSFT Microsoft Corp. | put | New | 850,000 | $317.1M |
| CAT Caterpillar Inc. | put | Sold out | 400,000 | $283.4Mbefore exit |
| GLW Corning Inc. | call | New | 1,020,000 | $260.5M |
| AMZN Amazon.com Inc. | call | Reduce -54.5% | 1,000,000 | $238.3M |
| WYNN WYNN Resorts Ltd. | call | Add +14.5% | 1,650,000 | $160.2M |
| LVS Las Vegas Sands Corp. | call | Reduce -46.7% | 1,520,000 | $70.2M |
| GBTC Grayscale Bitcoin Trust ETF | call | Add +30.4% | 1,200,000 | $54.6M |
| AVGO Broadcom Inc. | put | Sold out | 95,000 | $29.4Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 79 | $25.9B | TSM, AMZN, LRCX, GOOGL, QQQ |
| Q1 2026 | 75 | $22.1B | TSM, GOOGL, META, AMZN, KLAC |
| Q4 2025 | 83 | $22.9B | GOOGL, TSM, AMZN, META, LRCX |
| Q3 2025 | 82 | $22.1B | META, TSM, GOOGL, AMZN, MSFT |
| Q2 2025 | 82 | $20.6B | META, GOOGL, AMZN, TSM, KLAC |
| Q1 2025 | 82 | $16.9B | META, AMZN, TSM, GOOGL, KLAC |
| Q4 2024 | 75 | $17.3B | META, AMZN, TSM, GOOGL, MSFT |
| Q3 2024 | 77 | $18.3B | META, AMZN, TSM, GOOGL, MSFT |
| Q2 2024 | 79 | $19.5B | META, AMZN, GOOGL, TSM, MSFT |
| Q1 2024 | 75 | $18.2B | META, AMZN, TSM, GOOGL, MSFT |