ALKEON CAPITAL MANAGEMENT LLC

New York, NY · CIK 1230239 · 13F filing filed 2023-08-14

SEC-registered investment adviser since 2001 · limited liability company

Assets managed$25.3bn
Staff82 · 30 in investment roles
Main clients (by assets)Private funds 77%, Mutual funds and ETFs 18%
Private funds26 (22 hedge) · $34.4bn gross assets
Websitealkeoncapital.com
Form ADV · 2026-03-30SEC adviser record

Legal entityALKEON CAPITAL MANAGEMENT, LLC (US)

Kindhedge funds, venture, mutual funds, futures
Others nearbyNew York, NY, San Francisco, CA, Palm Beach, FL, Hong Kong
FamilyALKEON CAPITAL MANAGEMENT LLC · 2 related pages

As an employer

Offices in2 countries
Private fundshedge 22, venture capital 3, other private 1

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
New York, NY (main office)United States	United States	about 19
San Francisco, CAUnited States	United States	6
Palm Beach, FLUnited States	United States	3
Hong KongHong Kong	Hong Kong	2

US visa salary filings

Filings FY20242
Median salary offered$207,500
Middle half$198,750 – $216,250
Job titles2

Job title	Filings	Median	Range
Legal CounselSan Francisco, CA	1	$225,000
Financial AnalystNew York, NY	1	$190,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Alkeon Capital Management LLC.

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$16.7bn reported value +7.0% vs Q1 2023

93positions

43.9%in top 10

3 new 29 added 49 reduced 9 sold out vs Q1 2023

Options: 19 call positions ($7.8bn notional), 4 put positions ($32.7bn notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

OPPENHEIMER ASSET MANAGEMENT INC. – files its own report too; $644.9m of shares are in both

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	META PLATFORMS INC CL A META	META	6,085,074	$1.7bn10.46%	10.46%	Reduced -765.5k	-765,494 -11.2%
2	ALPHABET INC CAP STK CL A GOOGL	GOOGL	9,637,206	$1.2bn6.91%	6.91%	Added +3.7m	+3,705,141 62.5%
3	AMAZON COM INC COM AMZN	AMZN	5,498,678	$716.8m4.29%	4.29%	Added +864.2k	+864,220 18.6%
4	MICROSOFT CORP COM MSFT	MSFT	1,876,411	$639.0m3.83%	3.83%	Added +614.3k	+614,305 48.7%
5	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	5,996,476	$605.2m3.62%	3.62%	Reduced -827.9k	-827,850 -12.1%
6	SYNOPSYS INC COM SNPS	SNPS	1,267,864	$552.0m3.31%	3.31%	Reduced -174.1k	-174,096 -12.1%
7	ANALOG DEVICES INC COM ADI	ADI	2,679,242	$521.9m3.12%	3.12%	Reduced -103.4k	-103,398 -3.7%
8	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	2,119,716	$497.1m2.98%	2.98%	Reduced -287.8k	-287,766 -11.9%
9	MERCADOLIBRE INC COM MELI	MELI	390,488	$462.6m2.77%	2.77%	Reduced -53.3k	-53,270 -12.0%
10	TJX COS INC NEW COM TJX	TJX	5,114,105	$433.6m2.60%	2.60%	Reduced -156.9k	-156,874 -3.0%
11	UBER TECHNOLOGIES INC COM UBER	UBER	9,855,188	$425.4m2.55%	2.55%	Reduced -1.4m	-1,355,276 -12.1%
12	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	561,132	$406.7m2.43%	2.43%	Reduced -80.1k	-80,142 -12.5%
13	CARLYLE GROUP INC COM CG	CG	12,125,201	$387.4m2.32%	2.32%	Reduced -478.7k	-478,732 -3.8%
14	KLA CORP COM NEW KLAC	KLAC	756,913	$367.1m2.20%	2.20%	Added +149.8k	+149,790 24.7%
15	BAIDU INC SPON ADR REP A BIDU	BIDU	2,670,635	$365.6m2.19%	2.19%	Added +6.1k	+6,111 0.2%
16	VISA INC COM CL A V	V	1,517,512	$360.4m2.16%	2.16%	Reduced -209.7k	-209,701 -12.1%
17	EXPEDIA GROUP INC COM NEW EXPE	EXPE	3,064,810	$335.3m2.01%	2.01%	Added +5.4k	+5,372 0.2%
18	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	4,008,944	$334.1m2.00%	2.00%	Reduced -605.7k	-605,688 -13.1%
19	MASTERCARD INCORPORATED CL A MA	MA	804,413	$316.4m1.89%	1.89%	Reduced -110.9k	-110,903 -12.1%
20	QUALCOMM INC COM QCOM	QCOM	2,233,338	$265.9m1.59%	1.59%	Reduced -314.7k	-314,739 -12.3%
21	EQUINIX INC COM EQIX	EQIX	320,106	$250.9m1.50%	1.50%	Added +43.0k	+42,972 15.5%
22	ZOOM COMMUNICATIONS INC CL A ZM	ZM	3,503,042	$237.8m1.42%	1.42%	Added +1.2m	+1,172,117 50.3%
23	UIPATH INC CL A PATH	PATH	12,780,822	$211.8m1.27%	1.27%	Reduced -3.8m	-3,786,172 -22.9%
24	NETEASE INC SPONSORED ADS NTES	NTES	2,175,464	$210.3m1.26%	1.26%	Reduced -8.3k	-8,275 -0.4%
25	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	1,682,042	$190.2m1.14%	1.14%	Reduced -234.7k	-234,652 -12.2%
26	LAM RESEARCH CORP COM COM		293,370	$188.6m1.13%	1.13%	Reduced -124.2k	-124,171 -29.7%
27	ROSS STORES INC COM ROST	ROST	1,616,373	$181.2m1.09%	1.09%	Reduced -230.9k	-230,856 -12.5%
28	KE HLDGS INC SPONSORED ADS BEKE	BEKE	12,131,579	$180.2m1.08%	1.08%	Added +1.2m	+1,231,252 11.3%
29	TRANSDIGM GROUP INC COM TDG	TDG	196,177	$175.4m1.05%	1.05%	Reduced -26.6k	-26,647 -12.0%
30	MARTIN MARIETTA MATLS INC COM MLM	MLM	371,187	$171.4m1.03%	1.03%	Added +64.9k	+64,865 21.2%
31	NEW ORIENTAL ED & TECHNOLOGY SPON ADR EDU	EDU	4,300,581	$169.8m1.02%	1.02%	Added +3.0m	+3,030,209 238.5%
32	AKERO THERAPEUTICS INC COM AKRO	AKRO	3,467,380	$161.9m0.97%	0.97%	Added +246.7k	+246,650 7.7%
33	VULCAN MATLS CO COM VMC	VMC	716,337	$161.5m0.97%	0.97%	Added +201.0k	+201,028 39.0%
34	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	74,516	$159.4m0.95%	0.95%	Reduced -10.6k	-10,646 -12.5%
35	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	425,000	$157.0m0.94%	0.94%	New
36	SS&C TECHNOLOGIES HLDGS INC COM SSNC	SSNC	2,450,316	$148.5m0.89%	0.89%	Reduced -210.6k	-210,645 -7.9%
37	BILL HOLDINGS INC COM BILL	BILL	1,250,311	$146.1m0.87%	0.87%	Reduced -314.7k	-314,661 -20.1%
38	SHERWIN WILLIAMS CO COM SHW	SHW	542,607	$144.1m0.86%	0.86%	Reduced -77.5k	-77,525 -12.5%
39	JD.COM INC SPON ADS CL A JD	JD	4,086,108	$139.5m0.83%	0.83%	Added +230.4k	+230,431 6.0%
40	FULL TRUCK ALLIANCE CO LTD SPONSORED ADS YMM	YMM	21,586,290	$134.3m0.80%	0.80%	Added +1.9m	+1,914,884 9.7%
41	TERADYNE INC COM TER	TER	1,191,271	$132.6m0.79%	0.79%	Reduced -155.2k	-155,208 -11.5%
42	LOWES COS INC COM LOW	LOW	563,877	$127.3m0.76%	0.76%	Reduced -102.6k	-102,647 -15.4%
43	AMERICAN TOWER CORP NEW COM AMT	AMT	635,822	$123.3m0.74%	0.74%	Reduced -90.0k	-89,979 -12.4%
44	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	1,825,667	$117.9m0.71%	0.71%	Reduced -249.6k	-249,604 -12.0%
45	TWILIO INC CL A TWLO	TWLO	1,841,097	$117.1m0.70%	0.70%	Reduced -869.3k	-869,290 -32.1%
46	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	1,513,241	$104.6m0.63%	0.63%	Reduced -1.6m	-1,628,098 -51.8%
47	RINGCENTRAL INC CL A RNG	RNG	3,129,574	$102.4m0.61%	0.61%	Added +480.8k	+480,836 18.1%
48	ULTRAGENYX PHARMACEUTICAL IN COM RARE	RARE	1,943,815	$89.7m0.54%	0.54%	Added +98.1k	+98,141 5.3%
49	SMARTSHEET INC COM CL A SMAR	SMAR	2,246,283	$85.9m0.51%	0.51%	Reduced -193.0k	-192,957 -7.9%
50	YUM BRANDS INC COM YUM	YUM	567,008	$78.6m0.47%	0.47%	Reduced -81.0k	-81,001 -12.5%
51	ELASTIC N V ORD SHS ESTC	ESTC	1,095,985	$70.3m0.42%	0.42%	Added +125.7k	+125,716 13.0%
52	S&P GLOBAL INC COM SPGI	SPGI	169,892	$68.1m0.41%	0.41%	Reduced -108.5k	-108,457 -39.0%
53	DELL TECHNOLOGIES INC CL C DELL	DELL	1,250,000	$67.6m0.40%	0.40%	New
54	KEROS THERAPEUTICS INC COM KROS	KROS	1,676,522	$67.4m0.40%	0.40%	Reduced -1.5k	-1,496 -0.1%
55	DYNATRACE INC COM NEW DT	DT	1,290,626	$66.4m0.40%	0.40%	Reduced -75.0k	-74,961 -5.5%
56	XP INC CL A XP	XP	2,617,617	$61.4m0.37%	0.37%	Reduced -373.9k	-373,922 -12.5%
57	BLUEPRINT MEDICINES CORP COM BPMC	BPMC	943,928	$59.7m0.36%	0.36%	Added +591.7k	+591,745 168.0%
58	PAYLOCITY HLDG CORP COM PCTY	PCTY	319,024	$58.9m0.35%	0.35%	Reduced -40.4k	-40,438 -11.2%
59	SAREPTA THERAPEUTICS INC COM SRPT	SRPT	508,845	$58.3m0.35%	0.35%	Reduced -204.0k	-203,989 -28.6%
60	GLOBAL PMTS INC COM GPN	GPN	495,772	$48.8m0.29%	0.29%	Reduced -176.1k	-176,066 -26.2%
61	KKR & CO INC COM KKR	KKR	818,076	$45.8m0.27%	0.27%	Reduced -116.9k	-116,873 -12.5%
62	TG THERAPEUTICS INC COM TGTX	TGTX	1,547,875	$38.4m0.23%	0.23%	Reduced -1.1m	-1,142,048 -42.5%
63	DLOCAL LTD CLASS A COM DLO	DLO	3,020,287	$36.9m0.22%	0.22%	Added +1.1m	+1,138,699 60.5%
64	ZOOMINFO TECHNOLOGIES INC COMMON STOCK GTM	GTM	1,450,662	$36.8m0.22%	0.22%	Added +150.3k	+150,266 11.6%
65	RINGCENTRAL INC NOTE 3/1 RNG 0 03.15.26	RNG 0 03.15.26	40,000,000	$33.2m0.20%	0.20%	Unchanged
66	SEA LTD SPONSORD ADS SE	SE	563,168	$32.7m0.20%	0.20%	Reduced -603.7k	-603,743 -51.7%
67	CINTAS CORP COM CTAS	CTAS	59,299	$29.5m0.18%	0.18%	Reduced -8.5k	-8,471 -12.5%
68	RHYTHM PHARMACEUTICALS INC COM RYTM	RYTM	1,725,167	$28.4m0.17%	0.17%	Reduced -290.8k	-290,799 -14.4%
69	BLOCK INC CL A XYZ	XYZ	400,000	$26.6m0.16%	0.16%	New
70	XOMETRY INC CLASS A COM XMTR	XMTR	1,101,989	$23.3m0.14%	0.14%	Added +90.7k	+90,701 9.0%
71	ORIC PHARMACEUTICALS INC COM ORIC	ORIC	2,979,289	$23.1m0.14%	0.14%	Added +580.0k	+580,037 24.2%
72	CEREVEL THERAPEUTICS HLDNG I COM CERE	CERE	699,695	$22.2m0.13%	0.13%	Reduced -36.8k	-36,826 -5.0%
73	TRANSUNION COM TRU	TRU	269,915	$21.1m0.13%	0.13%	Reduced -101.7k	-101,702 -27.4%
74	RINGCENTRAL INC NOTE 3/0 RNG 0 03.01.25	RNG 0 03.01.25	20,000,000	$18.4m0.11%	0.11%	Unchanged
75	JFROG LTD ORD SHS FROG	FROG	608,885	$16.9m0.10%	0.10%	Reduced -90.6k	-90,581 -12.9%
76	STEM INC COM COM		2,888,612	$16.5m0.10%	0.10%	Added +904.7k	+904,731 45.6%
77	ALLOVIR INC COM COM		4,605,104	$15.7m0.09%	0.09%	Unchanged
78	89BIO INC COM ETNB	ETNB	700,000	$13.3m0.08%	0.08%	Added +200.0k	+200,000 40.0%
79	MARQETA INC CLASS A COM CLASS A COM		2,655,103	$12.9m0.08%	0.08%	Reduced -379.0k	-378,984 -12.5%
80	BIOCRYST PHARMACEUTICALS INC COM BCRX	BCRX	1,672,313	$11.8m0.07%	0.07%	Added +403.5k	+403,461 31.8%
81	APPLE INC COM AAPL	AAPL	56,627	$11.0m0.07%	0.07%	Unchanged
82	ALTERYX INC NOTE 0.500% 8/0 AYX 0.5 08.01.24	AYX 0.5 08.01.24	10,000,000	$9.4m0.06%	0.06%	Unchanged
83	PMV PHARMACEUTICALS INC COM PMVP	PMVP	1,479,867	$9.3m0.06%	0.06%	Added +98.5k	+98,538 7.1%
84	BJS WHSL CLUB HLDGS INC COM BJ	BJ	110,000	$6.9m0.04%	0.04%	Unchanged
85	DOCUSIGN INC NOTE 1/1 DOCU 0 01.15.24	DOCU 0 01.15.24	6,942,000	$6.7m0.04%	0.04%	Unchanged
86	PTC INC COM PTC	PTC	45,000	$6.4m0.04%	0.04%	Reduced -398.3k	-398,268 -89.8%
87	CARIBOU BIOSCIENCES INC COM CRBU	CRBU	1,357,063	$5.8m0.03%	0.03%	Added +302.4k	+302,418 28.7%
88	SONY GROUP CORP SPONSORED ADR SONY	SONY	55,000	$5.0m0.03%	0.03%	Unchanged
89	MEREO BIOPHARMA GROUP PLC SPON ADS MREO	MREO	3,738,100	$4.9m0.03%	0.03%	Added +1.4m	+1,352,500 56.7%
90	FIVE9 INC NOTE 0.500% 6/0 FIVN 0.5 06.01.25	FIVN 0.5 06.01.25	5,000,000	$4.8m0.03%	0.03%	Unchanged
91	AMERICAN EXPRESS CO COM AXP	AXP	25,000	$4.4m0.03%	0.03%	Unchanged
92	SHOPIFY INC NOTE 0.125%11/0 SHOPCN 0.125 11.01.25	SHOPCN 0.125 11.01.25	4,000,000	$3.6m0.02%	0.02%	Unchanged
93	ACTIVISION BLIZZARD INC COM ATVI	ATVI	25,495	$2.1m0.01%	0.01%	Unchanged

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
PELOTON INTERACTIVE INC PTON	PTON	3,527,743	$40.0m3.5m shares
CONFLUENT INC CFLT	CFLT	1,558,632	$37.5m1.6m shares
CERTARA INC CERT	CERT	1,312,174	$31.6m1.3m shares
DICE THERAPEUTICS INC		1,038,125	$29.7m1.0m shares
LYFT INC LYFT	LYFT	2,826,632	$26.2m2.8m shares
GITLAB INC GTLB	GTLB	649,206	$22.3m649.2k shares
ALTAIR ENGR INC ALTR	ALTR	136,436	$9.8m136.4k shares
IGM BIOSCIENCES INC IGMS	IGMS	711,777	$9.8m711.8k shares
SHUTTERSTOCK INC SSTK	SSTK	50,000	$3.6m50.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
INVESCO QQQ TR QQQ · Put	QQQ	Put	79,500,000	$29.4bn79.5m shares	Added
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	6,000,000	$2.7bn6.0m shares	Reduced
META PLATFORMS INC META · Call	META	Call	4,792,300	$1.4bn4.8m shares	Added
AMAZON COM INC AMZN · Call	AMZN	Call	9,600,000	$1.3bn9.6m shares	Added
MICROSOFT CORP MSFT · Call	MSFT	Call	3,000,000	$1.0bn3.0m shares	Added
TESLA INC TSLA · Call	TSLA	Call	3,000,000	$785.3m3.0m shares	Unchanged
NVIDIA CORPORATION NVDA · Call	NVDA	Call	1,300,000	$549.9m1.3m shares	New
BOOKING HOLDINGS INC BKNG · Call	BKNG	Call	180,000	$486.1m180.0k shares	Reduced
ZOOM COMMUNICATIONS INC ZM · Put	ZM	Put	5,400,000	$366.6m5.4m shares	Added
HILTON WORLDWIDE HLDGS INC HLT · Call	HLT	Call	2,500,000	$363.9m2.5m shares	Reduced
MARRIOTT INTL INC NEW MAR · Call	MAR	Call	1,680,000	$308.6m1.7m shares	Added
WYNN RESORTS LTD WYNN · Call	WYNN	Call	2,790,000	$294.7m2.8m shares	Added
TAIWAN SEMICONDUCTOR MFG LTD TSM · Call	TSM	Call	2,625,500	$265.0m2.6m shares	Reduced
BILL HOLDINGS INC BILL · Put	BILL	Put	2,200,000	$257.1m2.2m shares	Unchanged
DOORDASH INC DASH · Call	DASH	Call	3,194,800	$244.1m3.2m shares	Reduced
LAS VEGAS SANDS CORP LVS · Call	LVS	Call	3,700,000	$214.6m3.7m shares	Reduced
DISNEY WALT CO DIS · Call	DIS	Call	2,260,000	$201.8m2.3m shares	Added
INTEL CORP INTC · Call	INTC	Call	4,000,000	$133.8m4.0m shares	New
BLOCK INC XYZ · Call	XYZ	Call	1,600,000	$106.5m1.6m shares	Added
ALTERYX INC AYX · Call	AYX	Call	1,718,300	$78.0m1.7m shares	Reduced
JD.COM INC JD · Call	JD	Call	1,997,000	$68.2m2.0m shares	Unchanged
RINGCENTRAL INC RNG · Call	RNG	Call	1,175,000	$38.5m1.2m shares	Unchanged
MGM RESORTS INTERNATIONAL MGM · Call	MGM	Call	560,000	$24.6m560.0k shares	Added