We are live on
!
Find out more
Alkeon Capital Management Portfolio holdings
AUM
$74.1B
1-Year Est. Return
71.18%
This Fund
S&P 500
This Quarter
Est. Return
+5.82%
1 Year Est. Return
+71.18%
3 Year Est. Return
+221.96%
5 Year Est. Return
+240.8%
10 Year Est. Return
+1,849.79%
AUM
$63.1B
AUM Growth
-$4.83B
(-7.1%)
Cap. Flow
-$6.6B
Cap. Flow
% of AUM
-10.45%
Top 10 Holdings %
Top 10 Hldgs %
62.16%
Holding
128
New
22
Increased
19
Reduced
35
Closed
16
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$351M |
| 2 |
DoorDash
DASH
|
+$276M |
| 3 |
Vertiv
VRT
|
+$223M |
| 4 |
RTX Corp
RTX
|
+$217M |
| 5 |
Synopsys
SNPS
|
+$149M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$535M |
| 2 |
Analog Devices
ADI
|
+$200M |
| 3 |
argenx
ARGX
|
+$129M |
| 4 |
Rhythm Pharmaceuticals
RYTM
|
+$103M |
| 5 |
TJX Companies
TJX
|
+$96.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.99% |
| 2 | Consumer Discretionary | 5.86% |
| 3 | Communication Services | 4.96% |
| 4 | Industrials | 3.04% |
| 5 | Financials | 2.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Mercado Libre
MELI
$98.9B
| $484M | 0.77% |
240,499
| – | – |
|
27
Constellation Energy
CEG
$99B
| $484M | 0.77% |
1,371,219
+330,000
| +32% | +$120M |
|
|
28
Synopsys
SNPS
$78.5B
| $471M | 0.75% |
1,003,278
+335,000
| +50% | +$149M |
|
29
Teradyne
TER
$56.8B
| $471M | 0.75% |
2,432,910
-440,000
| -15% | -$75.5M |
|
30
Martin Marietta Materials
MLM
$37.8B
| $465M | 0.74% |
747,351
| – | – |
|
31
CALL
Tesla
TSLA
$1.37T
| $450M | 0.71% |
1,000,000
-4,000,000
| -80% | -$1.77B |
|
32
Mastercard
MA
$524B
| $444M | 0.7% |
778,465
| – | – |
|
33
CALL
Hilton Worldwide
HLT
$74.8B
| $431M | 0.68% |
1,500,000
| – | – |
|
|
34
TJX Companies
TJX
$151B
| $430M | 0.68% |
2,799,971
-650,000
| -19% | -$96.1M |
|
35
CALL
3M
MMM
$92.8B
| $424M | 0.67% |
2,650,000
+680,000
| +35% | +$111M |
|
36
Vulcan Materials
VMC
$35.5B
| $422M | 0.67% |
1,478,646
| – | – |
|
37
CALL
Salesforce
CRM
$168B
| $371M | 0.59% |
1,400,000
| – | – |
|
38
CALL
Shopify
SHOP
$193B
| $362M | 0.57% |
+2,250,000
| New | +$361M |
|
39
Carlyle Group
CG
$17.5B
| $351M | 0.56% |
5,941,316
| – | – |
|
40
CALL
Broadcom
AVGO
$1.69T
| $347M | 0.55% |
1,001,300
-1,298,700
| -56% | -$464M |
|
|
41
CALL
DoorDash
DASH
$103B
| $340M | 0.54% |
1,500,000
-3,600,000
| -71% | -$844M |
|
|
42
Vertiv
VRT
$102B
| $325M | 0.51% |
2,003,110
+1,283,110
| +178% | +$223M |
|
43
Vistra
VST
$47B
| $314M | 0.5% |
1,946,357
+440,000
| +29% | +$80.1M |
|
44
Intercontinental Exchange
ICE
$90.9B
| $292M | 0.46% |
1,800,310
| – | – |
|
45
Uber
UBER
$160B
| $275M | 0.44% |
3,361,005
| – | – |
|
46
BWX Technologies
BWXT
$14B
| $273M | 0.43% |
1,580,848
+2,800
| +0.2% | +$525K |
|
47
CALL
Advanced Micro Devices
AMD
$785B
| $268M | 0.42% |
+1,250,000
| New | +$281M |
|
|
48
DoorDash
DASH
$103B
| $267M | 0.42% |
+1,178,410
| New | +$276M |
|
49
CALL
Palantir
PLTR
$427B
| $267M | 0.42% |
+1,500,000
| New | +$272M |
|
50
CALL
Las Vegas Sands
LVS
$29.9B
| $264M | 0.42% |
4,050,000
-450,000
| -10% | -$27.6M |
|
Similar funds
Alkeon Capital Management's Q4 2025 Portfolio in Review
As of Q4 2025, Alkeon Capital Management held 128 positions worth $63.1B, down 7.1% from $68B the previous quarter. Its ten largest holdings account for 62% of the portfolio.
Alkeon Capital Management withdrew a net $6.6B in Q4 2025, closing 16 positions and reducing 35 holdings. Its most notable exit was argenx, an estimated $129M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Alkeon Capital Management opened a new position in DoorDash worth $267M.
- Alkeon Capital Management's largest Q4 2025 buy was DoorDash: 1,178,410 shares worth $267M.
- Alkeon Capital Management added most to Invesco QQQ Trust in Q4 2025, an estimated $351M increase.
- Alkeon Capital Management's biggest Q4 2025 reduction was Oracle, cutting an estimated $535M.
- Alkeon Capital Management fully exited argenx in Q4 2025, selling an estimated $129M.
- Alkeon Capital Management's ten largest holdings make up 62% of its $63.1B portfolio in Q4 2025.
- Alkeon Capital Management opened 22 new positions and closed 16 in Q4 2025.
- Alkeon Capital Management's portfolio value fell 7.1% quarter-over-quarter to $63.1B.
Based on Alkeon Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.