Alkeon Capital Management 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Alkeon Capital Management disclosed 82 US equity positions worth $20.5bn in its Q3 2025 13F filing. The largest position was META at 12.8% of the reported book, followed by TSM and GOOGL. Against the Q2 2025 filing, it opened 2 new positions, added to 11 and reduced 15 among the top 50 holdings.
What did Alkeon Capital Management own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | META META PLATFORMS INC | Communication Services | 12.8% | $2.6bn | 2,059,629 | -4% | reduced |
| 2 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 12.1% | $2.5bn | 5,263,668 | -5% | reduced |
| 3 | GOOGL ALPHABET INC | Communication Services | 11.6% | $2.4bn | 5,802,558 | -33% | reduced |
| 4 | AMZN AMAZON COM INC | Consumer Cyclical | 11.1% | $2.3bn | 6,024,899 | -4% | reduced |
| 5 | KLAC KLA CORP | Technology | 6.3% | $1.3bn | 710,365 | -28% | reduced |
| 6 | ORCL ORACLE CORP | Technology | 5.3% | $1.1bn | 2,297,530 | -9% | reduced |
| 7 | V VISA INC | Financial Services | 4.1% | $847.0m | 1,468,618 | 0% | held |
| 8 | TJX TJX COS INC NEW | Consumer Cyclical | 4.1% | $841.1m | 3,449,971 | 0% | held |
| 9 | UBER UBER TECHNOLOGIES INC | Technology | 2.7% | $555.9m | 3,361,005 | 14% | added |
| 10 | QQQ INVESCO QQQ TR | 2.5% | $510.2m | 849,777 | 0% | held | |
| 11 | MSFT MICROSOFT CORP | Technology | 1.5% | $317.1m | 1,976,176 | 14% | added |
| 12 | YMM FULL TRUCK ALLIANCE CO LTD | Technology | 1.5% | $307.7m | 14,198,535 | -3% | reduced |
| 13 | LOW LOWES COS INC | Consumer Cyclical | 1.3% | $272.2m | 648,594 | 0% | held |
| 14 | LRCX LAM RESEARCH CORP | Technology | 1.3% | $268.9m | 6,420,456 | -25% | reduced |
| 15 | NI NISOURCE INC | Utilities | 1.1% | $224.2m | 3,100,500 | 21% | added |
| 16 | ADI ANALOG DEVICES INC | Technology | 1.1% | $224.1m | 2,813,833 | 0% | held |
| 17 | MELI MERCADOLIBRE INC | Consumer Cyclical | 0.9% | $181.0m | 240,499 | 0% | held |
| 18 | SHW SHERWIN WILLIAMS CO | Basic Materials | 0.9% | $177.0m | 306,735 | 0% | held |
| 19 | CDNS CADENCE DESIGN SYSTEM INC | Technology | 0.9% | $174.9m | 1,622,874 | 0% | held |
| 20 | EXPE EXPEDIA GROUP INC | Consumer Cyclical | 0.8% | $170.4m | 2,475,276 | 0% | held |
| 21 | APH AMPHENOL CORP NEW | Technology | 0.8% | $162.7m | 4,104,603 | 54% | added |
| 22 | MLM MARTIN MARIETTA MATLS INC | Basic Materials | 0.7% | $149.9m | 747,351 | -7% | reduced |
| 23 | JD JD.COM INC | Consumer Cyclical | 0.7% | $147.6m | 2,523,802 | -37% | reduced |
| 24 | VMC VULCAN MATLS CO | Basic Materials | 0.7% | $146.8m | 1,478,646 | 0% | held |
| 25 | MA MASTERCARD INCORPORATED | Financial Services | 0.7% | $137.2m | 778,465 | 0% | held |
| 26 | TER TERADYNE INC | Technology | 0.6% | $129.7m | 2,872,910 | 49% | added |
| 27 | CG CARLYLE GROUP INC | Financial Services | 0.6% | $120.5m | 5,941,316 | 0% | held |
| 28 | CEG CONSTELLATION ENERGY CORP | Utilities | 0.5% | $112.5m | 1,041,219 | -9% | reduced |
| 29 | SNPS SYNOPSYS INC | Technology | 0.5% | $102.7m | 668,278 | 0% | held |
| 30 | PWR QUANTA SVCS INC | Industrials | 0.5% | $97.3m | 700,983 | 0% | held |
| 31 | VST VISTRA CORP | Utilities | 0.5% | $97.2m | 1,506,357 | 11% | added |
| 32 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 0.5% | $96.5m | 1,800,310 | 0% | held |
| 33 | BWXT BWX TECHNOLOGIES INC | Industrials | 0.5% | $96.0m | 1,578,048 | 163% | added |
| 34 | ETR ENTERGY CORP NEW | Utilities | 0.5% | $92.2m | 3,004,291 | 15% | added |
| 35 | TDG TRANSDIGM GROUP INC | Industrials | 0.4% | $82.5m | 195,611 | 0% | held |
| 36 | DELL DELL TECHNOLOGIES INC | Technology | 0.4% | $72.8m | 1,562,409 | -39% | reduced |
| 37 | GE GE AEROSPACE | Industrials | 0.3% | $70.5m | 700,000 | 0% | held |
| 38 | IREN IREN LIMITED | Financial Services | 0.3% | $70.4m | 1,500,000 | 50% | added |
| 39 | BCRX BIOCRYST PHARMACEUTICALS INC | Healthcare | 0.3% | $69.3m | 5,464,021 | -4% | reduced |
| 40 | CRH CRH PLC | Basic Materials | 0.3% | $66.4m | 1,750,000 | – | new |
| 41 | EQIX EQUINIX INC | Real Estate | 0.3% | $61.0m | 233,775 | 0% | held |
| 42 | RBRK RUBRIK INC. | Technology | 0.3% | $57.6m | 700,000 | 0% | held |
| 43 | PATH UIPATH INC | Technology | 0.3% | $54.3m | 4,061,276 | 0% | held |
| 44 | SSNC SS&C TECHNOLOGIES HLDGS INC | Technology | 0.3% | $51.6m | 1,764,916 | -10% | reduced |
| 45 | CP CANADIAN PACIFIC KANSAS CITY | Industrials | 0.2% | $49.8m | 2,004,000 | 0% | held |
| 46 | ALAB ASTERA LABS INC | Technology | 0.2% | $49.0m | 250,000 | -38% | reduced |
| 47 | NIQ NIQ GLOBAL INTELLIGENCE PLC | 0.2% | $48.5m | 1,840,000 | – | new | |
| 48 | BURL BURLINGTON STORES INC | Consumer Cyclical | 0.2% | $44.1m | 525,000 | 50% | added |
| 49 | ARGX ARGENX SE | Healthcare | 0.2% | $42.6m | 175,000 | 133% | added |
| 50 | NVDA NVIDIA CORPORATION | Technology | 0.2% | $39.5m | 211,439 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.