1y return+38.3%S&P 500 +20.9%
3y return+122.9%S&P 500 +68.5%
5y return+72.5%S&P 500 +74.5%
10y return+484.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $584 against $357 in the S&P 500.2
Alkeon Capital Management LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufac | $1.7B | 6.5% | −34.8% |
| AMZNAmazon Com Inc | $1.4B | 5.3% | |
| LRCXLam Research Corp | $1.3B | 5.1% | −21.8% |
| GOOGLAlphabet Inc | $1.3B | 5.1% | −27.1% |
| QQQInvesco Qqq Tr | $1.2B | 4.6% | +21.3% |
| KLACKla Corp | $1.1B | 4.4% | +547.1% |
| METAMeta Platforms Inc | $1.1B | 4.2% | −9.3% |
| AMATApplied Matls Inc | $1.1B | 4.2% | New |
| TERTeradyne Inc | $1.0B | 4.0% | −22.5% |
| APHAmphenol Corp | $1.0B | 3.9% | +24.1% |
| ADIAnalog Devices Inc | $821.8M | 3.2% | |
| CDNSCadence Design System Inc | $609.1M | 2.3% | |
| SNPSSynopsys Inc | $566.9M | 2.2% | −19.0% |
| VVisa Inc | $503.9M | 1.9% | |
| TWLOTwilio Inc | $481.9M | 1.9% | +26.9% |
| NOKNokia Corp | $478.1M | 1.8% | New |
| MKSIMks Inc. | $476.8M | 1.8% | New |
| VRTVertiv Holdings Co | $476.1M | 1.8% | −43.2% |
| EXPEExpedia Group Inc | $467.1M | 1.8% | −26.3% |
| VMCVulcan Matls Co | $436.2M | 1.7% | |
| TJXTjx Cos Inc New | $424.2M | 1.6% | |
| MAMastercard Incorporated | $399.8M | 1.5% | |
| BWXTBwx Technologies Inc | $393.7M | 1.5% | +16.3% |
| ETREntergy Corp New | $383.7M | 1.5% | |
| SIMOSilicon Motion Technology Co | $366.7M | 1.4% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufac | June 30, 2020 | +741.2% | $1.7B |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $1.3B |
| TERTeradyne Inc | June 30, 2020 | +472.5% | $1.0B |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $1.3B |
| CDNSCadence Design System Inc | June 30, 2020 | +291.1% | $609.1M |
| ADIAnalog Devices Inc | June 30, 2020 | +223.9% | $821.8M |
| TDGTransdigm Group Inc | June 30, 2020 | +201.3% | $198.6M |
| TJXTjx Cos Inc New | June 30, 2020 | +199.6% | $424.2M |
| PWRQuanta Svcs Inc | June 30, 2024 | +183.4% | $288.7M |
| MLMMartin Marietta Matls Inc | June 30, 2020 | +179.2% | $361.8M |
Sold off last quarter
- SOLSSolstice Advanced Matls Inc was $279.4M
- TTMITtm Technologies Inc was $102.3M
- Johnson Controls InternationCUSIP G51502105 was $35.4M
- AVGOBroadcom Inc was $30.4M
- RBRKRubrik Inc. was $24.5M
- Bitdeer Technologies GroupCUSIP G11448100 was $4.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +21.2% | +14.8% |
| March 31, 2026 | −1.2% | −4.6% |
| December 31, 2025 | +3.1% | +2.4% |
| September 30, 2025 | +12.0% | +7.8% |
| June 30, 2025 | +19.4% | +10.5% |
| March 31, 2025 | −6.3% | −4.6% |
| December 31, 2024 | +1.4% | +2.1% |
| September 30, 2024 | +3.4% | +5.4% |
| June 30, 2024 | +4.9% | +4.0% |
| March 31, 2024 | +13.7% | +10.0% |
| December 31, 2023 | +16.4% | +11.2% |
| September 30, 2023 | −1.0% | −3.6% |
| June 30, 2023 | +9.3% | +8.3% |
| March 31, 2023 | +15.0% | +7.0% |
| December 31, 2022 | +3.2% | +7.1% |
| September 30, 2022 | −5.8% | −5.3% |
| June 30, 2022 | −21.8% | −16.5% |
| March 31, 2022 | −16.1% | −4.9% |
| December 31, 2021 | −0.1% | +10.7% |
| September 30, 2021 | −3.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Alkeon Capital Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1230239&type=13F-HR&dateb=&owner=include&count=40CIK 1230239
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1230239/000091957426005175/Filed August 14, 2026 · accession 0000919574-26-005175