ALKEON CAPITAL MANAGEMENT LLC's Q1 2023 13F is in
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 15, 2023 · 99 reported positions · accession 0000919574-23-003153
This filing covers a somewhat different set of reporting entities than the fund's prior filing, so a few of the changes below may reflect that rather than trading.
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | META PLATFORMS INC (META) | 4.4% | 9.3% | +4.9 pts | +1.98M sh | +41% |
| Increased | ALIBABA GROUP HLDG LTD (BABA) | 1.5% | 3.0% | +1.6 pts | +2.38M sh | +107% |
| Increased | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 2.6% | 4.1% | +1.4 pts | +2.09M sh | +44% |
| Increased | ANALOG DEVICES INC (ADI) | 2.5% | 3.5% | +1.0 pts | +746K sh | +37% |
| Increased | PDD HOLDINGS INC (PDD) | 0.8% | 1.5% | +0.8 pts | +1.86M sh | +145% |
| Reduced | CHIPOTLE MEXICAN GRILL INC (CMG) | 1.7% | 0.9% | −0.8 pts | −79,694 sh | −48% |
| Reduced | LOWES COS INC (LOW) | 1.8% | 0.9% | −1.0 pts | −566K sh | −46% |
| Increased | ASML HOLDING N V (ASML) | 2.0% | 2.8% | +0.8 pts | +156K sh | +32% |
| Reduced | LAM RESEARCH CORP (LRCX) | 1.9% | 1.4% | −0.5 pts | −186K sh | −31% |
| Reduced | SYNOPSYS INC (SNPS) | 4.0% | 3.6% | −0.4 pts | −232K sh | −14% |
| Reduced | TERADYNE INC (TER) | 1.4% | 0.9% | −0.5 pts | −789K sh | −37% |
| Reduced | CADENCE DESIGN SYSTEM INC (CDNS) | 3.3% | 3.2% | −0.1 pts | −383K sh | −14% |
| Increased | KE HLDGS INC (BEKE) | 0.7% | 1.3% | +0.6 pts | +3.89M sh | +55% |
| Reduced | VISA INC (V) | 3.1% | 2.5% | −0.6 pts | −283K sh | −14% |
| Reduced | MASTERCARD INCORPORATED (MA) | 2.8% | 2.1% | −0.6 pts | −151K sh | −14% |
| Exited | QUALTRICS INTL INC (XM) | 0.3% | — | −0.3 pts | −4.27M sh | −100% |
| Reduced | UBER TECHNOLOGIES INC (UBER) | 2.4% | 2.3% | −0.1 pts | −1.6M sh | −12% |
| Reduced | QUALCOMM INC (QCOM) | 2.4% | 2.1% | −0.3 pts | −386K sh | −13% |
| Increased | MERCADOLIBRE INC (MELI) | 2.6% | 3.7% | +1.2 pts | +36,887 sh | +9% |
| Increased | TWILIO INC (TWLO) | 0.7% | 1.2% | +0.4 pts | +673K sh | +33% |
| Reduced | ALPHABET INC (GOOGL) | 4.1% | 3.9% | −0.2 pts | −362K sh | −6% |
| Reduced | KLA CORP (KLAC) | 2.0% | 1.6% | −0.4 pts | −93,100 sh | −13% |
| Reduced | RINGCENTRAL INC (RNG) | 1.0% | 0.5% | −0.5 pts | −1.15M sh | −30% |
| Reduced | EQUINIX INC (EQIX) | 1.6% | 1.3% | −0.3 pts | −47,049 sh | −15% |
| Reduced | BILL HOLDINGS INC (BILL) | 1.6% | 0.8% | −0.8 pts | −413K sh | −21% |
| Reduced | INTERCONTINENTAL EXCHANGE IN (ICE) | 1.7% | 1.3% | −0.4 pts | −317K sh | −14% |
| Increased | SHOPIFY INC (SHOP) | 0.4% | 0.6% | +0.3 pts | +656K sh | +46% |
| Increased | AMAZON COM INC (AMZN) | 2.7% | 3.1% | +0.4 pts | +297K sh | +7% |
| Increased | FULL TRUCK ALLIANCE CO LTD (YMM) | 0.9% | 1.0% | 0.0 pts | +4M sh | +26% |
| Increased | ZOOM VIDEO COMMUNICATIONS IN (ZM) | 1.0% | 1.1% | +0.1 pts | +400K sh | +21% |
| Increased | SEA LTD (SE) | 0.3% | 0.6% | +0.3 pts | +318K sh | +37% |
| Reduced | TRANSDIGM GROUP INC (TDG) | 1.2% | 1.1% | −0.2 pts | −36,508 sh | −14% |
| Exited | FIVE9 INC (FIVN) | 0.2% | — | −0.2 pts | −340K sh | −100% |
| Increased | ROSS STORES INC (ROST) | 1.4% | 1.3% | −0.1 pts | +251K sh | +16% |
| Reduced | AMERICAN TOWER CORP NEW (AMT) | 1.3% | 0.9% | −0.4 pts | −123K sh | −15% |
| Reduced | JD.COM INC (JD) | 1.8% | 1.1% | −0.8 pts | −550K sh | −12% |
| Reduced | LYFT INC (LYFT) | 0.4% | 0.2% | −0.3 pts | −2.52M sh | −47% |
| Reduced | MICROSOFT CORP (MSFT) | 2.4% | 2.3% | −0.1 pts | −80,476 sh | −6% |
| Reduced | SHERWIN WILLIAMS CO (SHW) | 1.3% | 0.9% | −0.4 pts | −99,040 sh | −14% |
| Reduced | NEW ORIENTAL ED & TECHNOLOGY (EDU) | 0.5% | 0.3% | −0.2 pts | −570K sh | −31% |
| Increased | SMARTSHEET INC (SMAR) | 0.6% | 0.7% | +0.2 pts | +437K sh | +22% |
| Increased | BAIDU INC (BIDU) | 2.1% | 2.6% | +0.4 pts | +138K sh | +5% |
| Reduced | UIPATH INC (PATH) | 1.7% | 1.9% | +0.2 pts | −1.15M sh | −6% |
| Reduced | MARTIN MARIETTA MATLS INC (MLM) | 0.9% | 0.7% | −0.2 pts | −53,079 sh | −15% |
| Reduced | SS&C TECHNOLOGIES HLDGS INC (SSNC) | 1.2% | 1.0% | −0.2 pts | −326K sh | −11% |
| Reduced | S&P GLOBAL INC (SPGI) | 0.8% | 0.6% | −0.2 pts | −47,905 sh | −15% |
| Increased | DYNATRACE INC (DT) | 0.3% | 0.4% | +0.1 pts | +389K sh | +40% |
| Reduced | CARLYLE GROUP INC (CG) | 2.9% | 2.5% | −0.4 pts | −521K sh | −4% |
| Reduced | PELOTON INTERACTIVE INC (PTON) | 0.3% | 0.3% | 0.0 pts | −1.31M sh | −27% |
| Increased | TJX COS INC NEW (TJX) | 3.0% | 2.6% | −0.4 pts | +187K sh | +4% |
The 50 largest of 88 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 40.2% of the equity book
Changes in the top 10 this quarter: MELI entered · ADI entered · BABA entered · ASML entered · V left · TJX left · CG left · MA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | META PLATFORMS INC (META) | 4.4% | 9.3% | |
| 2 | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 2.6% | 4.1% | |
| 3 | ALPHABET INC (GOOGL) | 4.1% | 3.9% | |
| 4 | MERCADOLIBRE INC (MELI) | 2.6% | 3.7% | Entered the top 10 |
| 5 | SYNOPSYS INC (SNPS) | 4.0% | 3.6% | |
| 6 | ANALOG DEVICES INC (ADI) | 2.5% | 3.5% | Entered the top 10 |
| 7 | CADENCE DESIGN SYSTEM INC (CDNS) | 3.3% | 3.2% | |
| 8 | AMAZON COM INC (AMZN) | 2.7% | 3.1% | |
| 9 | ALIBABA GROUP HLDG LTD (BABA) | 1.5% | 3.0% | Entered the top 10 |
| 10 | ASML HOLDING N V (ASML) | 2.0% | 2.8% | Entered the top 10 |
| — | VISA INC (V) | 3.1% | 2.5% | Left the top 10 |
| — | TJX COS INC NEW (TJX) | 3.0% | 2.6% | Left the top 10 |
| — | CARLYLE GROUP INC (CG) | 2.9% | 2.5% | Left the top 10 |
| — | MASTERCARD INCORPORATED (MA) | 2.8% | 2.1% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Increased | INVESCO QQQ TR (QQQ) | Put | 30.99M | 51.39M | $16.5B |
| Increased | SPDR S&P 500 ETF TR (SPY) | Put | 7.49M | 13.49M | $5.52B |
| Increased | AMAZON COM INC (AMZN) | Call | 4.99M | 8.5M | $878M |
| Increased | TESLA INC (TSLA) | Call | 2.25M | 3M | $622M |
| Increased | BOOKING HOLDINGS INC (BKNG) | Call | 298K | 319K | $846M |
| New | WYNN RESORTS LTD (WYNN) | Call | 0 | 2M | $224M |
| New | LAS VEGAS SANDS CORP (LVS) | Call | 0 | 3.75M | $215M |
| Increased | AMERICAN EXPRESS CO (AXP) | Call | 2.48M | 3.48M | $575M |
| Increased | MICROSOFT CORP (MSFT) | Call | 1.25M | 1.75M | $504M |
| Increased | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | Call | 3M | 4.25M | $395M |
| Exited | PINDUODUO INC (PDD) | Put | 2M | 0 | $0 |
| New | JOHNSON & JOHNSON (JNJ) | Call | 0 | 1M | $155M |
| Exited | COCA COLA CO (KO) | Call | 2M | 0 | $0 |
| Reduced | META PLATFORMS INC (META) | Call | 8M | 3.99M | $847M |
| Increased | HILTON WORLDWIDE HLDGS INC (HLT) | Call | 2.75M | 3.25M | $457M |
| New | ISHARES TR (TLT) | Call | 0 | 1M | $106M |
| Increased | ZOOM VIDEO COMMUNICATIONS IN (ZM) | Put | 3.15M | 4M | $295M |
| Exited | APPLE INC (AAPL) | Put | 623K | 0 | $0 |
| Exited | QUALCOMM INC (QCOM) | Call | 624K | 0 | $0 |
| Increased | ADVANCED MICRO DEVICES INC (AMD) | Call | 2M | 2M | $196M |
| Increased | BILL HOLDINGS INC (BILL) | Put | 2M | 2.2M | $179M |
| Increased | ALTERYX INC (AYX) | Call | 2.83M | 3.02M | $178M |
| New | MGM RESORTS INTERNATIONAL (MGM) | Call | 0 | 500K | $22.2M |
| Reduced | ATLASSIAN CORPORATION (TEAM) | Call | 736K | 511K | $87.5M |
| Reduced | SHOPIFY INC (SHOP) | Call | 3.99M | 3M | $144M |