Alkeon Capital Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Alkeon Capital Management LLC reported 79 stock positions worth $19.5 billion. Its top holding was Meta Platforms Class A (META) at 9.2% of the portfolio, followed by Amazon.com (AMZN, 7.9%) and Alphabet Class A (GOOGL, 7.8%). Compared with Q1 2024, it opened 9 new positions, sold out of 5, added to 17 and reduced 14. The biggest buy was Constellation Energy (CEG, shares +137%) and the biggest sale Dell Technologies -C (DELL, shares −73%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001230239
- Portfolio Value
- $19.5B (Q2 2024)
- SEC Filing
- 0000919574-24-004557 ↗ filed Aug 14, 2024
Holdings Value
Holdings 79 stocks · $19.5B
| META Meta Platforms Inc. Class A | 9.24% | 3,578,921 | $1.8B | No change |
| AMZN Amazon.com Inc. | 7.89% | 7,964,931 | $1.5B | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 7.77% | 8,323,742 | $1.5B | Reduce -0.1% |
| TSM Taiwan Semiconductor-SP ADR | 7.49% | 8,414,499 | $1.5B | Reduce -18.2% |
| MSFT Microsoft Corp. | 3.96% | 1,728,813 | $772.7M | Reduce -0.1% |
| KLAC KLA Corp. | 3.79% | 896,365 | $739.1M | Add +20.7% |
| ASML ASML Holding NV-NY Reg SHS | 2.92% | 556,524 | $569.2M | Add +46.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.74% | 4,864,872 | $535.6M | No change |
| ADI Analog Devices Inc. | 2.71% | 2,316,922 | $528.9M | No change |
| CDNS Cadence Design SYS Inc. | 2.56% | 1,624,480 | $499.9M | No change |
| CEG Constellation Energy | 2.53% | 2,468,700 | $494.4M | Add +136.9% |
| LRCX Lam Research Corp. | 2.14% | 393,046 | $418.5M | Add +34.1% |
| QQQ Invesco QQQ Trust Series 1 | 2.09% | 849,777 | $407.1M | No change |
| SNPS Synopsys Inc. | 2.04% | 669,067 | $398.1M | No change |
| V Visa Inc. Class A | 1.98% | 1,470,453 | $385.9M | No change |
| VST Vistra Corp. | 1.94% | 4,415,000 | $379.6M | Add +244.9% |
| MELI MercadoLibre Inc. | 1.77% | 210,802 | $346.4M | Reduce -2.1% |
| MA Mastercard Inc. Class A | 1.76% | 779,375 | $343.8M | No change |
| CG The Carlyle Group Inc. | 1.70% | 8,246,041 | $331.1M | Reduce -4.6% |
| UBER Uber Technologies Inc. | 1.60% | 4,290,707 | $311.8M | Reduce -10.4% |
| EQIX Equinix Inc. | 1.59% | 409,226 | $309.6M | No change |
| MLM Martin Marietta Materials | 1.46% | 526,669 | $285.3M | Add +9.3% |
| TDG Transdigm Group Inc. | 1.28% | 195,962 | $250.4M | No change |
| ICE Intercontinental Exchange Inc. | 1.26% | 1,801,954 | $246.7M | No change |
| AMAT Applied Materials Inc. | 1.21% | 1,000,000 | $236.0M | New |
| ROST Ross Stores Inc. | 1.20% | 1,614,483 | $234.6M | No change |
| VMC Vulcan Materials Co. | 1.06% | 832,789 | $207.1M | Add +5.7% |
| DELL Dell Technologies -C | 1.02% | 1,447,573 | $199.6M | Reduce -73.2% |
| YMM Full Truck Alliance -SPN ADR | 0.96% | 23,354,750 | $187.8M | No change |
| CMG Chipotle Mexican Grill Inc. | 0.92% | 2,876,250 | $180.2M | No change |
| JD Jd.com Inc.-ADR | 0.88% | 6,636,205 | $171.5M | Add +3.9% |
| TER Teradyne Inc. | 0.87% | 1,145,014 | $169.8M | No change |
| NVDA Nvidia Corp. | 0.87% | 1,369,170 | $169.1M | No change |
| ESTC Elastic NV | 0.85% | 1,448,620 | $165.0M | Add +7.4% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.81% | 11,137,381 | $157.6M | No change |
| BIDU Baidu Inc. - Spon ADR | 0.77% | 1,726,891 | $149.3M | Reduce -24.5% |
| APH Amphenol Corp. Class A | 0.72% | 2,080,000 | $140.1M | New |
| EXPE Expedia Group Inc. | 0.70% | 1,077,538 | $135.8M | Reduce -8.5% |
| SSNC Ss&c Technologies Holdings | 0.68% | 2,118,141 | $132.7M | No change |
| ARGX Argenx SE - ADR | 0.66% | 300,000 | $129.0M | New |
| EDU New Oriental Educatio-SP ADR | 0.62% | 1,564,941 | $121.6M | Reduce -12.6% |
| PWR Quanta Services Inc. | 0.52% | 400,000 | $101.6M | New |
| XYZ Block Inc. | 0.52% | 1,566,200 | $101.0M | Add +5.5% |
| LOW Lowe's Cos Inc. | 0.51% | 449,501 | $99.1M | No change |
| BPMC Blueprint Medicines Corp. | 0.49% | 893,928 | $96.3M | Add +12.6% |
| RARE Ultragenyx Pharmaceutical Inc. | 0.47% | 2,241,832 | $92.1M | No change |
| SHW The Sherwin-Williams Co. | 0.47% | 307,252 | $91.7M | No change |
| SRPT Sarepta Therapeutics Inc. | 0.45% | 558,845 | $88.3M | Add +21.8% |
| AMT American Tower Corp. | 0.43% | 429,125 | $83.4M | No change |
| NTES Netease Inc.-ADR | 0.42% | 867,638 | $82.9M | No change |
| AKRO Akero Therapeutics Inc. | 0.40% | 3,327,220 | $78.1M | No change |
| SPGI S&P Global Inc. | 0.39% | 169,700 | $75.7M | No change |
| KROS Keros Therapeutics Inc. | 0.37% | 1,598,907 | $73.1M | No change |
| YUM Yum! Brands Inc. | 0.32% | 466,369 | $61.8M | Reduce -17.7% |
| PATH Uipath Inc. Class A | 0.26% | 4,061,276 | $51.5M | Reduce -55.3% |
| GE General Electric filed as GE AEROSPACE | 0.24% | 300,000 | $47.7M | New |
| XP XP Inc. Class A | 0.24% | 2,614,733 | $46.0M | No change |
| BCRX Biocryst Pharmaceuticals Inc. | 0.22% | 7,099,484 | $43.9M | Add +73.2% |
| RNG Ringcentral Inc. Class A | 0.22% | 1,522,740 | $42.9M | No change |
| CTAS Cintas Corp. | 0.21% | 59,232 | $41.5M | No change |
| RYTM Rhythm Pharmaceuticals Inc. | 0.21% | 1,000,000 | $41.1M | New |
| SMAR Smartsheet Inc. Class A | 0.19% | 835,628 | $36.8M | Reduce -19.3% |
| DLO Dlocal Ltd. | 0.19% | 4,545,961 | $36.8M | No change |
| GEV GE Vernova Inc. | 0.18% | 200,000 | $34.3M | New |
| MQ Marqeta Inc. | 0.16% | 5,652,818 | $31.0M | No change |
| RINGCENTRAL INC (RNG 0 03/15/26) | 0.14% | 30,000,000 | $27.2M | No change |
| ORIC Oric Pharmaceuticals Inc. | 0.14% | 3,804,096 | $26.9M | Add +2.7% |
| CABA Cabaletta Bio Inc. | 0.10% | 2,618,000 | $19.6M | Add +423.6% |
| RINGCENTRAL INC (RNG 0 03/01/25) | 0.10% | 20,000,000 | $18.9M | No change |
| LOAR Loar Holdings Inc. | 0.09% | 325,000 | $17.4M | New |
| MREO Mereo Biopharma Group PL-ADR | 0.09% | 4,698,100 | $16.9M | Add +10.8% |
| TOST Toast Inc. Class A | 0.07% | 500,000 | $12.9M | Reduce -50.0% |
| AAPL Apple Inc. | 0.06% | 56,627 | $11.9M | No change |
| ANRO Alto Neuroscience Inc. | 0.05% | 934,904 | $10.0M | New |
| SONY Sony Group Corp. - SP ADR | 0.02% | 55,000 | $4.7M | No change |
| PMVP PMV Pharmaceuticals Inc. | 0.02% | 2,345,361 | $3.8M | No change |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | 0.02% | 4,000,000 | $3.7M | No change |
| PCTY Paylocity Holding Corp. | 0.02% | 24,683 | $3.3M | No change |
| FROG Jfrog Ltd. | 0.00% | 14,425 | $542K | No change |
Options reported separately and not counted above: QQQ puts ($17.4B), SPY puts ($9.4B), MSFT calls ($2.9B), NVDA calls ($2.6B), AMZN calls ($2.5B), META calls ($1.4B), TSM calls ($1.2B), TSLA calls ($1.1B), BKNG calls ($534.8M), HLT calls ($365.5M), NOW calls ($314.7M), MAR calls ($278.0M), and 10 more.
Portfolio Sells Q1 2024 → Q2 2024
| DELL Dell Technologies -C | Reduce -73.2% | 1.02% | −2.37 |
| ZM Zoom Communications Inc. | Sold out | 0.00% | −1.54 |
| PATH Uipath Inc. Class A | Reduce -55.3% | 0.26% | −0.87 |
| BIDU Baidu Inc. - Spon ADR | Reduce -24.5% | 0.77% | −0.56 |
| CG The Carlyle Group Inc. | Reduce -4.6% | 1.70% | −0.54 |
| UBER Uber Technologies Inc. | Reduce -10.4% | 1.60% | −0.43 |
| EDU New Oriental Educatio-SP ADR | Reduce -12.6% | 0.62% | −0.23 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -18.2% | 7.49% | −0.21 |
| EXPE Expedia Group Inc. | Reduce -8.5% | 0.70% | −0.20 |
| YUM Yum! Brands Inc. | Reduce -17.7% | 0.32% | −0.12 |
| STEM Stem Inc. | Sold out | 0.00% | −0.09 |
| CRBU Caribou Biosciences Inc. | Sold out | 0.00% | −0.08 |
| TOST Toast Inc. Class A | Reduce -50.0% | 0.07% | −0.07 |
| MSFT Microsoft Corp. | Reduce -0.1% | 3.96% | −0.05 |
| CART Maplebear Inc. | Sold out | 0.00% | −0.03 |
| SMAR Smartsheet Inc. Class A | Reduce -19.3% | 0.19% | −0.03 |
| DT Dynatrace Inc. | Sold out | 0.00% | −0.03 |
| MELI MercadoLibre Inc. | Reduce -2.1% | 1.77% | −0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 7.77% | +0.85 |
Portfolio Buys Q1 2024 → Q2 2024
| CEG Constellation Energy | Add +136.9% | 2.53% | +1.47 |
| VST Vistra Corp. | Add +244.9% | 1.94% | +1.45 |
| AMAT Applied Materials Inc. | New | 1.21% | +1.21 |
| KLAC KLA Corp. | Add +20.7% | 3.79% | +0.93 |
| ASML ASML Holding NV-NY Reg SHS | Add +46.4% | 2.92% | +0.89 |
| APH Amphenol Corp. Class A | New | 0.72% | +0.72 |
| ARGX Argenx SE - ADR | New | 0.66% | +0.66 |
| LRCX Lam Research Corp. | Add +34.1% | 2.14% | +0.58 |
| PWR Quanta Services Inc. | New | 0.52% | +0.52 |
| GE General Electric | New | 0.24% | +0.24 |
| RYTM Rhythm Pharmaceuticals Inc. | New | 0.21% | +0.21 |
| GEV GE Vernova Inc. | New | 0.18% | +0.18 |
| SRPT Sarepta Therapeutics Inc. | Add +21.8% | 0.45% | +0.13 |
| BCRX Biocryst Pharmaceuticals Inc. | Add +73.2% | 0.22% | +0.11 |
| ESTC Elastic NV | Add +7.4% | 0.85% | +0.10 |
| LOAR Loar Holdings Inc. | New | 0.09% | +0.09 |
| BPMC Blueprint Medicines Corp. | Add +12.6% | 0.49% | +0.08 |
| CABA Cabaletta Bio Inc. | Add +423.6% | 0.10% | +0.05 |
| ANRO Alto Neuroscience Inc. | New | 0.05% | +0.05 |
| MREO Mereo Biopharma Group PL-ADR | Add +10.8% | 0.09% | +0.01 |
| AMZN Amazon.com Inc. | Add +0.1% | 7.89% | −0.01 |
| JD Jd.com Inc.-ADR | Add +3.9% | 0.88% | −0.08 |
| VMC Vulcan Materials Co. | Add +5.7% | 1.06% | −0.12 |
| ORIC Oric Pharmaceuticals Inc. | Add +2.7% | 0.14% | −0.14 |
| MLM Martin Marietta Materials | Add +9.3% | 1.46% | −0.17 |
| XYZ Block Inc. | Add +5.5% | 0.52% | −0.17 |
Options Activity Q1 2024 → Q2 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +1.2% | 17,200,000 | $9.4B |
| MSFT Microsoft Corp. | call | Add +80.1% | 6,400,000 | $2.9B |
| NVDA Nvidia Corp. | call | Reduce -44.3% | 21,000,000 | $2.6B |
| AMZN Amazon.com Inc. | call | Reduce -12.4% | 12,700,000 | $2.5B |
| META Meta Platforms Inc. Class A | call | Reduce -32.5% | 2,800,000 | $1.4B |
| TSM Taiwan Semiconductor-SP ADR | call | Add +4.6% | 6,800,000 | $1.2B |
| TSLA Tesla Inc. | call | Add +26.4% | 5,400,000 | $1.1B |
| BKNG Booking Holdings Inc. | call | Add +58.8% | 135,000 | $534.8M |
| HLT Hilton Worldwide Holdings Inc. | call | Add +11.7% | 1,675,000 | $365.5M |
| INTC Intel Corp. | call | Sold out | 8,000,000 | $353.4Mbefore exit |
| ZM Zoom Communications Inc. | put | Sold out | 4,850,000 | $317.0Mbefore exit |
| NOW ServiceNow Inc. | call | Add +33.3% | 400,000 | $314.7M |
| DASH DoorDash Inc. Class A | call | Reduce -41.9% | 2,500,000 | $271.9M |
| NFLX Netflix Inc. | call | Reduce -23.1% | 400,000 | $270.0M |
| WYNN WYNN Resorts Ltd. | call | Reduce -1.7% | 2,900,000 | $259.6M |
| LVS Las Vegas Sands Corp. | call | Reduce -18.1% | 4,250,000 | $188.1M |
| SPOT Spotify Technology SA | call | Sold out | 560,000 | $147.8Mbefore exit |
| TER Teradyne Inc. | put | New | 750,000 | $111.2M |
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 |