Q2 2026 13F · SEC CIK 1230239

Alkeon Capital Management LLC

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $25.9B
Reported positions: 79
Top holdings a year, 3 yrs: +35.8%
Assets under management: $25.3B

Alkeon Capital Management LLC is a hedge fund that reported 79 positions worth $25.9B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Taiwan Semiconductor Manufac (TSM, 6.5%), Amazon Com Inc Com (AMZN, 5.3%), Lam Research Corp (LRCX, 5.1%). A portfolio copying its top holdings returned 35.8% a year over the last 3 years, against 20.4% for the S&P 500.

Alkeon Capital Management LLC holdings largest 50 of 79 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Alkeon Capital Management LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
TSMTaiwan Semiconductor Manufac	6.5%	8.3%	3,536,218	-34.8%	$1.7B
AMZNAmazon Com Inc Com	5.3%	5.5%	5,808,299	+0.0%	$1.4B
LRCXLam Research Corp	5.1%	3.8%	3,050,456	-21.8%	$1.3B
GOOGLAlphabet Inc	5.1%	6.6%	3,686,368	-27.1%	$1.3B
QQQInvesco Qqq Tr	4.6%	3.5%	1,608,257	+21.3%	$1.2B
KLACKla Corp	4.4%	3.9%	3,759,150	+547.1%	$1.1B
METAMeta Platforms Inc Class A	4.2%	5.6%	1,945,399	-9.3%	$1.1B
AMATApplied Matls Inc	4.2%	—	1,504,800	—	$1.1B
TERTeradyne Inc	4.0%	3.7%	2,163,010	-22.5%	$1.0B
APHAmphenol Corp	3.9%	2.6%	5,731,348	+24.1%	$1.0B
ADIAnalog Devices Inc	3.2%	3.0%	2,069,083	+0.1%	$821.8M
CDNSCadence Design System Inc	2.3%	2.0%	1,622,874	+0.0%	$609.1M
SNPSSynopsys Inc	2.2%	2.8%	1,270,948	-19.0%	$566.9M
VVisa Inc Com Cl A	1.9%	2.0%	1,468,618	+0.0%	$503.9M
TWLOTwilio Inc Cl A	1.9%	1.0%	2,335,700	+26.9%	$481.9M
NOKNokia Corp	1.8%	—	36,000,000	—	$478.1M
MKSIMks Inc.	1.8%	—	1,072,040	—	$476.8M
VRTVertiv Holdings Co	1.8%	2.8%	1,421,980	-43.2%	$476.1M
EXPEExpedia Group Inc	1.8%	2.6%	1,825,276	-26.3%	$467.1M
VMCVulcan Matls Co Com	1.7%	1.8%	1,478,646	+0.0%	$436.2M
TJXTjx Cos Inc New Com	1.6%	2.0%	2,799,971	+0.0%	$424.2M
MAMastercard Inc.	1.5%	1.8%	778,465	+0.0%	$399.8M
BWXTBwx Technologies Inc	1.5%	1.6%	2,022,748	+16.3%	$393.7M
ETREntergy Corp.	1.5%	1.7%	3,341,012	+0.5%	$383.7M
SIMOSilicon Motion Technology Corp Sponsored	1.4%	—	1,100,000	—	$366.7M
MLMMartin Marietta Matls Inc	1.4%	2.0%	627,351	-16.1%	$361.8M
EQIXEquinix Inc	1.3%	1.0%	333,775	+42.8%	$347.9M
CEGConstellation Energy Corp	1.2%	1.7%	1,284,739	-6.5%	$319.1M
MSFTMicrosoft Corp	1.2%	2.0%	851,176	-29.1%	$317.5M
UBERUber Technologies Inc	1.2%	1.3%	4,336,005	+12.3%	$312.9M
VSTVistra Corp Com	1.2%	1.7%	1,946,357	-23.6%	$308.8M
PWRQuanta Svcs Inc Com	1.1%	1.0%	400,983	+0.0%	$288.7M
CGCarlyle Group Inc	1.0%	1.3%	5,941,316	+0.0%	$250.2M
SOXXIshares Semiconductor ETF	0.9%	0.5%	371,200	+19.5%	$237.9M
ICEIntercontinental Exchange in	0.9%	1.3%	1,800,310	+0.0%	$221.6M
CRHCrh PLC	0.8%	1.0%	2,046,550	-0.2%	$219.0M
NVTNvent Elec PLC	0.8%	—	1,217,317	—	$206.5M
TDGTransdigm Group Inc	0.8%	0.8%	149,078	+0.0%	$198.6M
MELIMercadolibre Inc	0.7%	1.4%	109,499	-39.3%	$185.9M
BURLBurlington Stores Inc	0.7%	0.8%	585,000	+7.3%	$185.3M
CPCanadian Pacific Kansas City	0.7%	0.7%	2,004,000	+0.0%	$173.6M
DASHDoordash Inc	0.7%	0.8%	933,210	-21.1%	$172.2M
RTXRtx Corporation Com	0.7%	1.1%	890,000	-28.8%	$168.9M
NINisource Inc	0.6%	0.7%	3,365,500	+0.0%	$160.0M
GEGe Aerospace	0.5%	0.9%	320,000	-54.3%	$119.6M
BABAAlibaba Group Hldg Ltd	0.4%	—	1,200,000	—	$115.2M
SSNCSs&c Tech Hldgs	0.4%	0.5%	1,764,916	+0.0%	$109.5M
SHWSherwin Williams Co Com	0.4%	0.4%	306,735	+0.0%	$105.6M
ROSTRoss Stores Inc.	0.4%	0.5%	472,635	+0.0%	$100.6M
ALABAstera Labs Inc	0.4%	—	200,000	—	$96.6M

What Alkeon Capital Management LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +35.2% /yr; S&P 500 +20.1%
3 years: +35.8% /yr; S&P 500 +20.4%
5 years: +15.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$25.9B	79
Q1 2026	$22.1B	75
Q4 2025	$22.9B	83
Q3 2025	$22.1B	82
Q2 2025	$20.6B	82
Q1 2025	$16.9B	82
Q4 2024	$17.3B	75
Q3 2024	$18.3B	77
Q2 2024	$19.5B	79
Q1 2024	$18.2B	75
Q4 2023	$15.2B	76
Q3 2023	$15.8B	82

Questions about Alkeon Capital Management LLC's portfolio

What stocks does Alkeon Capital Management LLC own?

Alkeon Capital Management LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 79 positions worth $25.9B. The largest are Taiwan Semiconductor Manufac (TSM) at 6.5%, Amazon Com Inc Com (AMZN) at 5.3%, Lam Research Corp (LRCX) at 5.1%, Alphabet Inc (GOOGL) at 5.1% and Invesco Qqq Tr (QQQ) at 4.6%.

What did Alkeon Capital Management LLC buy last quarter?

In Q2 2026, Alkeon Capital Management LLC added Kla Corp (KLAC) (+547.1% shares), Equinix Inc (EQIX) (+42.8% shares) and Twilio Inc Cl A (TWLO) (+26.9% shares), compared with its Q1 2026 filing.

What did Alkeon Capital Management LLC sell last quarter?

In Q2 2026, Alkeon Capital Management LLC cut from its top 50 Solstice Advanced Matls Inc (SOLS), cut from its top 50 Asml Hldg NV (ASML), cut from its top 50 TTM Technologies, Inc. (TTMI), cut from its top 50 New Oriental Ed & Technology (EDU), cut from its top 50 S&P Global Inc. (SPGI), Ge Aerospace (GE) (-54.3% shares), Vertiv Holdings Co (VRT) (-43.2% shares) and Mercadolibre Inc (MELI) (-39.3% shares), compared with its Q1 2026 filing.

How has Alkeon Capital Management LLC's portfolio performed?

A portfolio copying Alkeon Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +35.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +35.2% against +20.1%. Over 5 years: +15.3% a year against +11.6%.

When is Alkeon Capital Management LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Alkeon Capital Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Alkeon Capital Management LLC manage?

Alkeon Capital Management LLC reported $25.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $25.9B.