Q3 2025 · 13F-HR
ALKEON CAPITAL MANAGEMENT LLCholdings as filed
Filed 2025-11-14 · accession 0000919574-25-006800
$67.97B
Reported value
106
Positions
2025-09-30
Period end
The Brief · ALKEON CAPITAL MANAGEMENT LLC · Q3 2025
AI · grounded in 13F
Alkeon Capital Management LLC established a new position in SPY valued at $15.9B. The fund also initiated a new stake in QQQ for $15.9B. Additional new positions include TSM at $3.1B and MSFT at $2.6B.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $15.92B | 23.4% | 23,900,000 | PUT | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $15.39B | 22.6% | 25,633,800 | PUT | SOLE |
| 88160R101 | TSLA | TESLA INC | $2.22B | 3.27% | 5,000,000 | CALL | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $1.68B | 2.47% | 6,000,000 | CALL | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $1.53B | 2.25% | 2,950,000 | CALL | SOLE |
| 30303M102 | META | META PLATFORMS INC | $1.51B | 2.23% | 2,059,629 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $1.47B | 2.16% | 5,263,668 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $1.41B | 2.08% | 5,802,558 | Common | SOLE |
| 25809K105 | DASH | DOORDASH INC | $1.39B | 2.04% | 5,100,000 | CALL | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $1.32B | 1.95% | 6,024,899 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $1.02B | 1.51% | 1,976,176 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $932.9M | 1.37% | 5,000,000 | CALL | SOLE |
| 037833100 | AAPL | APPLE INC | $916.7M | 1.35% | 3,600,000 | CALL | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $878.3M | 1.29% | 4,000,000 | CALL | SOLE |
| 512807306 | LRCX | LAM RESEARCH CORP | $859.7M | 1.26% | 6,420,456 | Common | SOLE |
| 482480100 | KLAC | KLA CORP | $766.2M | 1.13% | 710,365 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $758.8M | 1.12% | 2,300,000 | CALL | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $701.9M | 1.03% | 130,000 | CALL | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $691.4M | 1.02% | 2,813,833 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $646.2M | 0.95% | 2,297,530 | Common | SOLE |
| 983134107 | WYNN | WYNN RESORTS LTD | $641.4M | 0.94% | 5,000,000 | CALL | SOLE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $570.1M | 0.84% | 1,622,874 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $562.0M | 0.83% | 240,499 | Common | SOLE |
| 30212P303 | EXPE | EXPEDIA GROUP INC | $529.1M | 0.78% | 2,475,276 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $510.2M | 0.75% | 849,777 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $507.9M | 0.75% | 4,104,603 | Common | SOLE |
| 92826C839 | V | VISA INC | $501.4M | 0.74% | 1,468,618 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $498.7M | 0.73% | 3,449,971 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $486.2M | 0.72% | 2,000,000 | CALL | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $471.0M | 0.69% | 747,351 | Common | SOLE |
| 929160109 | VMC | VULCAN MATLS CO | $454.9M | 0.67% | 1,478,646 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $442.8M | 0.65% | 778,465 | Common | SOLE |
| 571903202 | MAR | MARRIOTT INTL INC NEW | $418.8M | 0.62% | 1,608,000 | CALL | SOLE |
| 30303M102 | META | META PLATFORMS INC | $403.9M | 0.59% | 550,000 | CALL | SOLE |
| 880770102 | TER | TERADYNE INC | $395.4M | 0.58% | 2,872,910 | Common | SOLE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $389.2M | 0.57% | 1,500,000 | CALL | SOLE |
| 14316J108 | CG | CARLYLE GROUP INC | $372.5M | 0.55% | 5,941,316 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $342.6M | 0.50% | 1,041,219 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $331.8M | 0.49% | 1,400,000 | CALL | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $329.7M | 0.49% | 668,278 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $329.3M | 0.48% | 3,361,005 | Common | SOLE |
| 88579Y101 | MMM | 3M CO | $305.7M | 0.45% | 1,970,000 | CALL | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $303.3M | 0.45% | 1,800,310 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP | $295.1M | 0.43% | 1,506,357 | Common | SOLE |
| 05605H100 | BWXT | BWX TECHNOLOGIES INC | $290.9M | 0.43% | 1,578,048 | Common | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC | $290.5M | 0.43% | 700,983 | Common | SOLE |
| 29364G103 | ETR | ENTERGY CORP NEW | $280.0M | 0.41% | 3,004,291 | Common | SOLE |
| 893641100 | TDG | TRANSDIGM GROUP INC | $257.8M | 0.38% | 195,611 | Common | SOLE |
| 517834107 | LVS | LAS VEGAS SANDS CORP | $242.1M | 0.36% | 4,500,000 | CALL | SOLE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $221.5M | 0.33% | 1,562,409 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $210.6M | 0.31% | 700,000 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $209.8M | 0.31% | 1,750,000 | Common | SOLE |
| 35969L108 | YMM | FULL TRUCK ALLIANCE CO LTD | $184.2M | 0.27% | 14,198,535 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $183.1M | 0.27% | 233,775 | Common | SOLE |
| 548661107 | LOW | LOWES COS INC | $163.0M | 0.24% | 648,594 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $156.7M | 0.23% | 1,764,916 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $149.3M | 0.22% | 2,004,000 | Common | SOLE |
| 65473P105 | NI | NISOURCE INC | $134.3M | 0.20% | 3,100,500 | Common | SOLE |
| 122017106 | BURL | BURLINGTON STORES INC | $133.6M | 0.20% | 525,000 | Common | SOLE |
| 04016X101 | ARGX | ARGENX SE | $129.1M | 0.19% | 175,000 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $108.6M | 0.16% | 720,000 | Common | SOLE |
| 778296103 | ROST | ROSS STORES INC | $108.6M | 0.16% | 712,635 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $106.2M | 0.16% | 306,735 | Common | SOLE |
| 76243J105 | RYTM | RHYTHM PHARMACEUTICALS INC | $102.8M | 0.15% | 1,017,700 | Common | SOLE |
| 21873S108 | CRWV | COREWEAVE INC | $99.9M | 0.15% | 730,000 | CALL | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $92.7M | 0.14% | 190,416 | Common | SOLE |
| 47215P106 | JD | JD.COM INC | $88.3M | 0.13% | 2,523,802 | Common | SOLE |
| 00973Y108 | AKRO | AKERO THERAPEUTICS INC | $87.9M | 0.13% | 1,850,934 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $82.4M | 0.12% | 428,401 | Common | SOLE |
| 647581206 | EDU | NEW ORIENTAL ED & TECHNOLOGY | $76.8M | 0.11% | 1,447,986 | Common | SOLE |
| 457669307 | INSM | INSMED INC | $72.0M | 0.11% | 500,000 | Common | SOLE |
| 988498101 | YUM | YUM BRANDS INC | $70.8M | 0.10% | 465,603 | Common | SOLE |
| Q4982L109 | IREN | IREN LIMITED | $70.4M | 0.10% | 1,500,000 | Common | SOLE |
| G51502105 | JCI | JOHNSON CTLS INTL PLC | $68.2M | 0.10% | 620,000 | Common | SOLE |
| 852234103 | XYZ | BLOCK INC | $62.6M | 0.09% | 866,200 | Common | SOLE |
| 389637109 | GBTC | GRAYSCALE BITCOIN TRUST ETF | $58.4M | 0.09% | 650,000 | CALL | SOLE |
| 781154109 | RBRK | RUBRIK INC. | $57.6M | 0.08% | 700,000 | Common | SOLE |
| 558868105 | MDGL | MADRIGAL PHARMACEUTICALS INC | $55.0M | 0.08% | 120,000 | Common | SOLE |
| 90364P105 | PATH | UIPATH INC | $54.3M | 0.08% | 4,061,276 | Common | SOLE |
| 68622P109 | ORIC | ORIC PHARMACEUTICALS INC | $54.0M | 0.08% | 4,504,096 | Common | SOLE |
| 85423L103 | SARO | STANDARDAERO INC | $53.3M | 0.08% | 1,952,019 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $49.4M | 0.07% | 225,000 | PUT | SOLE |
| 30303M102 | META | META PLATFORMS INC | $49.2M | 0.07% | 67,000 | PUT | SOLE |
| 04626A103 | ALAB | ASTERA LABS INC | $49.0M | 0.07% | 250,000 | Common | SOLE |
| 172908105 | CTAS | CINTAS CORP | $48.6M | 0.07% | 236,539 | Common | SOLE |
| 75734B100 | RDDT | REDDIT INC | $46.0M | 0.07% | 200,000 | CALL | SOLE |
| 09058V103 | BCRX | BIOCRYST PHARMACEUTICALS INC | $41.5M | 0.06% | 5,464,021 | Common | SOLE |
| 482497104 | BEKE | KE HLDGS INC | $40.8M | 0.06% | 2,147,723 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $39.5M | 0.06% | 211,439 | Common | SOLE |
| 60937P106 | MDB | MONGODB INC | $37.2M | 0.05% | 120,000 | Common | SOLE |
| M6191J100 | FROG | JFROG LTD | $33.8M | 0.05% | 714,425 | Common | SOLE |
| 888787108 | TOST | TOAST INC | $32.9M | 0.05% | 900,000 | Common | SOLE |
| 04010E109 | AGX | ARGAN INC | $32.4M | 0.05% | 120,000 | Common | SOLE |
| G63755105 | NIQ | NIQ GLOBAL INTELLIGENCE PLC | $28.9M | 0.04% | 1,840,000 | Common | SOLE |
| 833445109 | SNOW | SNOWFLAKE INC | $22.6M | 0.03% | 100,000 | Common | SOLE |
| 316841105 | FIG | FIGMA INC | $22.4M | 0.03% | 431,164 | Common | SOLE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $19.6M | 0.03% | 500,289 | Common | SOLE |
| 433313103 | HNGE | HINGE HEALTH INC | $18.5M | 0.03% | 376,011 | Common | SOLE |
| 68278B107 | K4F | ONESTREAM INC | $14.7M | 0.02% | 800,000 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $14.4M | 0.02% | 56,627 | Common | SOLE |
| 492327101 | KROS | KEROS THERAPEUTICS INC | $13.5M | 0.02% | 850,511 | Common | SOLE |
| G29018101 | DLO | DLOCAL LTD | $11.8M | 0.02% | 823,837 | Common | SOLE |
| 76680RAH0 | RNG 0 03/15/26 | RINGCENTRAL INC | $9.7M | 0.01% | 10,000,000 | Common | SOLE |
| 589492107 | MREO | MEREO BIOPHARMA GROUP PLC | $7.6M | 0.01% | 3,698,100 | Common | SOLE |
| 70438V106 | PCTY | PAYLOCITY HLDG CORP | $3.9M | 0.01% | 24,683 | Common | SOLE |
| 02157Q109 | ANRO | ALTO NEUROSCIENCE INC | $1.9M | 0.00% | 477,101 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.