Alkeon Capital Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Alkeon Capital Management LLC reported 77 stock positions worth $18.3 billion. Its top holding was Meta Platforms Class A (META) at 9.3% of the portfolio, followed by Amazon.com (AMZN, 8.1%) and Taiwan Semiconductor-SP ADR (TSM, 5.9%). Compared with Q2 2024, it opened 3 new positions, sold out of 5, added to 16 and reduced 41. The biggest buy was Applied Materials (AMAT, shares +88%) and the biggest sale Alphabet Class A (GOOGL, shares −33%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001230239
- Portfolio Value
- $18.3B (Q3 2024)
- SEC Filing
- 0000919574-24-006480 ↗ filed Nov 14, 2024
Holdings Value
Holdings 77 stocks · $18.3B
| META Meta Platforms Inc. Class A | 9.34% | 2,978,504 | $1.7B | Reduce -16.8% |
| AMZN Amazon.com Inc. | 8.13% | 7,964,931 | $1.5B | No change |
| TSM Taiwan Semiconductor-SP ADR | 5.90% | 6,200,994 | $1.1B | Reduce -26.3% |
| GOOGL Alphabet Inc. Class A | 5.06% | 5,572,316 | $924.2M | Reduce -33.1% |
| MSFT Microsoft Corp. | 4.07% | 1,728,813 | $743.9M | No change |
| KLAC KLA Corp. | 4.01% | 945,835 | $732.5M | Add +5.5% |
| ADI Analog Devices Inc. | 2.92% | 2,315,237 | $532.9M | Reduce -0.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.82% | 4,381,901 | $515.0M | Reduce -9.9% |
| ASML ASML Holding NV-NY Reg SHS | 2.54% | 556,147 | $463.4M | Reduce -0.1% |
| CDNS Cadence Design SYS Inc. | 2.41% | 1,623,604 | $440.0M | Reduce -0.1% |
| QQQ Invesco QQQ Trust Series 1 | 2.27% | 849,777 | $414.8M | No change |
| V Visa Inc. Class A | 2.21% | 1,469,452 | $404.0M | Reduce -0.1% |
| MELI MercadoLibre Inc. | 2.14% | 190,633 | $391.2M | Reduce -9.6% |
| MA Mastercard Inc. Class A | 2.11% | 778,879 | $384.6M | Reduce -0.1% |
| AMAT Applied Materials Inc. | 2.08% | 1,877,133 | $379.3M | Add +87.7% |
| EQIX Equinix Inc. | 1.99% | 408,975 | $363.0M | Reduce -0.1% |
| LRCX Lam Research Corp. | 1.98% | 442,967 | $361.5M | Add +12.7% |
| CEG Constellation Energy | 1.95% | 1,367,554 | $355.6M | Reduce -44.6% |
| CG The Carlyle Group Inc. | 1.94% | 8,239,907 | $354.8M | Reduce -0.1% |
| SNPS Synopsys Inc. | 1.85% | 668,637 | $338.6M | Reduce -0.1% |
| UBER Uber Technologies Inc. | 1.76% | 4,287,885 | $322.3M | Reduce -0.1% |
| ICE Intercontinental Exchange Inc. | 1.58% | 1,801,057 | $289.3M | Reduce -0.1% |
| MLM Martin Marietta Materials | 1.55% | 526,198 | $283.2M | Reduce -0.1% |
| TDG Transdigm Group Inc. | 1.53% | 195,791 | $279.4M | Reduce -0.1% |
| VST Vistra Corp. | 1.44% | 2,221,890 | $263.4M | Reduce -49.7% |
| DELL Dell Technologies -C | 1.39% | 2,146,777 | $254.5M | Add +48.3% |
| ROST Ross Stores Inc. | 1.33% | 1,613,133 | $242.8M | Reduce -0.1% |
| EXPE Expedia Group Inc. | 1.28% | 1,576,472 | $233.3M | Add +46.3% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 1.20% | 11,025,999 | $219.5M | Reduce -1.0% |
| YMM Full Truck Alliance -SPN ADR | 1.20% | 24,276,570 | $218.7M | Add +4.0% |
| VMC Vulcan Materials Co. | 1.14% | 832,001 | $208.4M | Reduce -0.1% |
| JD Jd.com Inc.-ADR | 1.10% | 5,027,272 | $201.1M | Reduce -24.2% |
| PWR Quanta Services Inc. | 1.06% | 650,000 | $193.8M | Add +62.5% |
| ARGX Argenx SE - ADR | 1.02% | 345,000 | $187.0M | Add +15.0% |
| SSNC Ss&c Technologies Holdings | 0.94% | 2,316,252 | $171.9M | Add +9.3% |
| RARE Ultragenyx Pharmaceutical Inc. | 0.92% | 3,011,716 | $167.3M | Add +34.3% |
| APH Amphenol Corp. Class A | 0.86% | 2,400,000 | $156.4M | Add +15.4% |
| TER Teradyne Inc. | 0.84% | 1,144,017 | $153.2M | Reduce -0.1% |
| LOW Lowe's Cos Inc. | 0.67% | 449,078 | $121.6M | Reduce -0.1% |
| EDU New Oriental Educatio-SP ADR | 0.65% | 1,563,597 | $118.6M | Reduce -0.1% |
| SHW The Sherwin-Williams Co. | 0.64% | 306,970 | $117.2M | Reduce -0.1% |
| KROS Keros Therapeutics Inc. | 0.60% | 1,897,601 | $110.2M | Add +18.7% |
| XYZ Block Inc. | 0.58% | 1,566,200 | $105.1M | No change |
| AMT American Tower Corp. | 0.55% | 428,730 | $99.7M | Reduce -0.1% |
| AKRO Akero Therapeutics Inc. | 0.52% | 3,325,004 | $95.4M | Reduce -0.1% |
| SPGI S&P Global Inc. | 0.48% | 169,548 | $87.6M | Reduce -0.1% |
| NVDA Nvidia Corp. | 0.45% | 674,953 | $82.0M | Reduce -50.7% |
| SRPT Sarepta Therapeutics Inc. | 0.43% | 633,845 | $79.2M | Add +13.4% |
| BPMC Blueprint Medicines Corp. | 0.36% | 718,928 | $66.5M | Reduce -19.6% |
| YUM Yum! Brands Inc. | 0.36% | 465,951 | $65.1M | Reduce -0.1% |
| RYTM Rhythm Pharmaceuticals Inc. | 0.34% | 1,167,700 | $61.2M | Add +16.8% |
| CMG Chipotle Mexican Grill Inc. | 0.32% | 1,001,250 | $57.7M | Reduce -65.2% |
| GE General Electric filed as GE AEROSPACE | 0.31% | 300,000 | $56.6M | No change |
| ESTC Elastic NV | 0.30% | 703,716 | $54.0M | Reduce -51.4% |
| BCRX Biocryst Pharmaceuticals Inc. | 0.30% | 7,093,822 | $53.9M | Reduce -0.1% |
| PATH Uipath Inc. Class A | 0.28% | 4,061,276 | $52.0M | No change |
| CTAS Cintas Corp. | 0.27% | 236,716 | $48.7M | No change |
| XP XP Inc. Class A | 0.26% | 2,612,443 | $46.9M | Reduce -0.1% |
| ORIC Oric Pharmaceuticals Inc. | 0.22% | 3,904,096 | $40.0M | Add +2.6% |
| MQ Marqeta Inc. | 0.20% | 7,420,663 | $36.5M | Add +31.3% |
| RINGCENTRAL INC (RNG 0 03/15/26) | 0.15% | 30,000,000 | $27.5M | No change |
| LOAR Loar Holdings Inc. | 0.13% | 324,833 | $24.2M | Reduce -0.1% |
| RINGCENTRAL INC (RNG 0 03/01/25) | 0.11% | 20,000,000 | $19.5M | No change |
| MREO Mereo Biopharma Group PL-ADR | 0.11% | 4,698,100 | $19.3M | No change |
| HUBS HubSpot Inc. | 0.09% | 30,000 | $15.9M | New |
| TOST Toast Inc. Class A | 0.08% | 500,000 | $14.2M | No change |
| AAPL Apple Inc. | 0.07% | 56,627 | $13.2M | No change |
| ALAB Astera Labs Inc. | 0.07% | 250,000 | $13.1M | New |
| ANRO Alto Neuroscience Inc. | 0.06% | 934,904 | $10.7M | No change |
| KVYO Klaviyo Inc. Class A | 0.06% | 300,000 | $10.6M | New |
| DLO Dlocal Ltd. | 0.04% | 823,837 | $6.6M | Reduce -81.9% |
| SONY Sony Group Corp. - SP ADR | 0.03% | 55,000 | $5.3M | No change |
| PCTY Paylocity Holding Corp. | 0.02% | 24,683 | $4.1M | No change |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | 0.02% | 4,000,000 | $3.9M | No change |
| PMVP PMV Pharmaceuticals Inc. | 0.02% | 2,343,731 | $3.5M | Reduce -0.1% |
| NTES Netease Inc.-ADR | 0.01% | 18,638 | $1.7M | Reduce -97.8% |
| FROG Jfrog Ltd. | 0.00% | 14,425 | $419K | No change |
Options reported separately and not counted above: QQQ puts ($20.6B), SPY puts ($9.9B), NVDA calls ($1.8B), TSLA calls ($1.6B), MSFT calls ($1.1B), TSM calls ($868.3M), AMZN calls ($745.3M), NOW calls ($632.8M), DASH calls ($531.0M), HLT calls ($507.1M), BKNG calls ($505.5M), AVGO calls ($454.5M), and 7 more.
Portfolio Sells Q2 2024 → Q3 2024
| GOOGL Alphabet Inc. Class A | Reduce -33.1% | 5.06% | −2.71 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -26.3% | 5.90% | −1.59 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −0.77 |
| CMG Chipotle Mexican Grill Inc. | Reduce -65.2% | 0.32% | −0.61 |
| CEG Constellation Energy | Reduce -44.6% | 1.95% | −0.59 |
| ESTC Elastic NV | Reduce -51.4% | 0.30% | −0.55 |
| VST Vistra Corp. | Reduce -49.7% | 1.44% | −0.50 |
| NVDA Nvidia Corp. | Reduce -50.7% | 0.45% | −0.42 |
| NTES Netease Inc.-ADR | Reduce -97.8% | 0.01% | −0.42 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -0.1% | 2.54% | −0.38 |
| RNG Ringcentral Inc. Class A | Sold out | 0.00% | −0.22 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −0.19 |
| SNPS Synopsys Inc. | Reduce -0.1% | 1.85% | −0.19 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.18 |
| DLO Dlocal Ltd. | Reduce -81.9% | 0.04% | −0.15 |
| CDNS Cadence Design SYS Inc. | Reduce -0.1% | 2.41% | −0.15 |
| BPMC Blueprint Medicines Corp. | Reduce -19.6% | 0.36% | −0.13 |
| CABA Cabaletta Bio Inc. | Sold out | 0.00% | −0.10 |
| TER Teradyne Inc. | Reduce -0.1% | 0.84% | −0.03 |
| PMVP PMV Pharmaceuticals Inc. | Reduce -0.1% | 0.02% | −0.00 |
| XP XP Inc. Class A | Reduce -0.1% | 0.26% | +0.02 |
| EDU New Oriental Educatio-SP ADR | Reduce -0.1% | 0.65% | +0.03 |
| YUM Yum! Brands Inc. | Reduce -0.1% | 0.36% | +0.04 |
| LOAR Loar Holdings Inc. | Reduce -0.1% | 0.13% | +0.04 |
| BCRX Biocryst Pharmaceuticals Inc. | Reduce -0.1% | 0.30% | +0.07 |
| TJX TJX Companies Inc. | Reduce -9.9% | 2.82% | +0.08 |
| VMC Vulcan Materials Co. | Reduce -0.1% | 1.14% | +0.08 |
| MLM Martin Marietta Materials | Reduce -0.1% | 1.55% | +0.09 |
| SPGI S&P Global Inc. | Reduce -0.1% | 0.48% | +0.09 |
| META Meta Platforms Inc. Class A | Reduce -16.8% | 9.34% | +0.09 |
| AMT American Tower Corp. | Reduce -0.1% | 0.55% | +0.12 |
| AKRO Akero Therapeutics Inc. | Reduce -0.1% | 0.52% | +0.12 |
| ROST Ross Stores Inc. | Reduce -0.1% | 1.33% | +0.13 |
| LOW Lowe's Cos Inc. | Reduce -0.1% | 0.67% | +0.16 |
| UBER Uber Technologies Inc. | Reduce -0.1% | 1.76% | +0.17 |
| SHW The Sherwin-Williams Co. | Reduce -0.1% | 0.64% | +0.17 |
| ADI Analog Devices Inc. | Reduce -0.1% | 2.92% | +0.21 |
| JD Jd.com Inc.-ADR | Reduce -24.2% | 1.10% | +0.22 |
| V Visa Inc. Class A | Reduce -0.1% | 2.21% | +0.24 |
| CG The Carlyle Group Inc. | Reduce -0.1% | 1.94% | +0.25 |
| TDG Transdigm Group Inc. | Reduce -0.1% | 1.53% | +0.25 |
| ICE Intercontinental Exchange Inc. | Reduce -0.1% | 1.58% | +0.32 |
| MA Mastercard Inc. Class A | Reduce -0.1% | 2.11% | +0.34 |
| MELI MercadoLibre Inc. | Reduce -9.6% | 2.14% | +0.37 |
| BEKE Ke Holdings Inc.-ADR | Reduce -1.0% | 1.20% | +0.39 |
| EQIX Equinix Inc. | Reduce -0.1% | 1.99% | +0.40 |
Portfolio Buys Q2 2024 → Q3 2024
| AMAT Applied Materials Inc. | Add +87.7% | 2.08% | +0.87 |
| EXPE Expedia Group Inc. | Add +46.3% | 1.28% | +0.58 |
| PWR Quanta Services Inc. | Add +62.5% | 1.06% | +0.54 |
| RARE Ultragenyx Pharmaceutical Inc. | Add +34.3% | 0.92% | +0.44 |
| DELL Dell Technologies -C | Add +48.3% | 1.39% | +0.37 |
| ARGX Argenx SE - ADR | Add +15.0% | 1.02% | +0.36 |
| SSNC Ss&c Technologies Holdings | Add +9.3% | 0.94% | +0.26 |
| YMM Full Truck Alliance -SPN ADR | Add +4.0% | 1.20% | +0.24 |
| KROS Keros Therapeutics Inc. | Add +18.7% | 0.60% | +0.23 |
| KLAC KLA Corp. | Add +5.5% | 4.01% | +0.23 |
| APH Amphenol Corp. Class A | Add +15.4% | 0.86% | +0.14 |
| RYTM Rhythm Pharmaceuticals Inc. | Add +16.8% | 0.34% | +0.12 |
| HUBS HubSpot Inc. | New | 0.09% | +0.09 |
| ORIC Oric Pharmaceuticals Inc. | Add +2.6% | 0.22% | +0.08 |
| ALAB Astera Labs Inc. | New | 0.07% | +0.07 |
| KVYO Klaviyo Inc. Class A | New | 0.06% | +0.06 |
| MQ Marqeta Inc. | Add +31.3% | 0.20% | +0.04 |
| SRPT Sarepta Therapeutics Inc. | Add +13.4% | 0.43% | −0.02 |
| LRCX Lam Research Corp. | Add +12.7% | 1.98% | −0.16 |
Options Activity Q2 2024 → Q3 2024
| QQQ Invesco QQQ Trust Series 1 | put | Add +15.9% | 42,170,000 | $20.6B |
| NVDA Nvidia Corp. | call | Reduce -28.6% | 15,000,000 | $1.8B |
| TSLA Tesla Inc. | call | Add +11.1% | 6,000,000 | $1.6B |
| META Meta Platforms Inc. Class A | call | Sold out | 2,800,000 | $1.4Bbefore exit |
| MSFT Microsoft Corp. | call | Reduce -60.9% | 2,500,000 | $1.1B |
| TSM Taiwan Semiconductor-SP ADR | call | Reduce -26.5% | 5,000,000 | $868.3M |
| AMZN Amazon.com Inc. | call | Reduce -68.5% | 4,000,000 | $745.3M |
| NOW ServiceNow Inc. | call | Add +76.9% | 707,500 | $632.8M |
| DASH DoorDash Inc. Class A | call | Add +48.8% | 3,720,000 | $531.0M |
| HLT Hilton Worldwide Holdings Inc. | call | Add +31.3% | 2,200,000 | $507.1M |
| BKNG Booking Holdings Inc. | call | Reduce -11.1% | 120,000 | $505.5M |
| AVGO Broadcom Inc. | call | New | 2,635,000 | $454.5M |
| WYNN WYNN Resorts Ltd. | call | Add +3.5% | 3,000,000 | $287.6M |
| MAR Marriott International Class A | call | Sold out | 1,150,000 | $278.0Mbefore exit |
| NFLX Netflix Inc. | call | Sold out | 400,000 | $270.0Mbefore exit |
| LVS Las Vegas Sands Corp. | call | Reduce -5.9% | 4,000,000 | $201.4M |
| TER Teradyne Inc. | put | Sold out | 750,000 | $111.2Mbefore exit |
| NVDA Nvidia Corp. | put | Reduce -60.0% | 460,000 | $55.9M |
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 |