ALKEON CAPITAL MANAGEMENT LLC's Q1 2024 13F is in
Form 13F-HR for the quarter ended Mar 31, 2024 · filed May 15, 2024 · 75 reported positions · accession 0000919574-24-003052
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 | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 4.0% | 7.7% | +3.7 pts | +4.41M sh | +75% |
| Reduced | META PLATFORMS INC (META) | 10.9% | 9.6% | −1.3 pts | −1.1M sh | −23% |
| New | CONSTELLATION ENERGY CORP (CEG) | — | 1.1% | +1.1 pts | +1.04M sh | new |
| Increased | MICROSOFT CORP (MSFT) | 3.3% | 4.0% | +0.7 pts | +400K sh | +30% |
| Increased | AMAZON COM INC (AMZN) | 7.2% | 7.9% | +0.7 pts | +760K sh | +11% |
| New | VISTRA CORP (VST) | — | 0.5% | +0.5 pts | +1.28M sh | new |
| Increased | JD.COM INC (JD) | 0.6% | 1.0% | +0.3 pts | +3.15M sh | +97% |
| Reduced | EXPEDIA GROUP INC (EXPE) | 1.8% | 0.9% | −0.9 pts | −600K sh | −34% |
| Increased | UBER TECHNOLOGIES INC (UBER) | 1.5% | 2.0% | +0.5 pts | +1M sh | +26% |
| Exited | ALIBABA GROUP HLDG LTD (BABA) | 0.4% | — | −0.4 pts | −702K sh | −100% |
| Reduced | ALPHABET INC (GOOGL) | 8.0% | 6.9% | −1.1 pts | −400K sh | −5% |
| Increased | MARTIN MARIETTA MATLS INC (MLM) | 1.3% | 1.6% | +0.4 pts | +92,000 sh | +24% |
| Increased | ZOOM VIDEO COMMUNICATIONS IN (ZM) | 1.6% | 1.5% | −0.1 pts | +839K sh | +24% |
| Increased | NEW ORIENTAL ED & TECHNOLOGY (EDU) | 0.6% | 0.9% | +0.3 pts | +600K sh | +50% |
| Reduced | DYNATRACE INC (DT) | 0.4% | 0.0% | −0.4 pts | −1.02M sh | −91% |
| Exited | XOMETRY INC (XMTR) | 0.3% | — | −0.3 pts | −1.1M sh | −100% |
| Exited | DATADOG INC (DDOG) | 0.3% | — | −0.3 pts | −325K sh | −100% |
| Increased | DELL TECHNOLOGIES INC (DELL) | 2.5% | 3.4% | +0.9 pts | +400K sh | +8% |
| Increased | CARLYLE GROUP INC (CG) | 2.1% | 2.2% | +0.1 pts | +750K sh | +9% |
| Reduced | PAYLOCITY HLDG CORP (PCTY) | 0.2% | 0.0% | −0.2 pts | −194K sh | −89% |
| Increased | VULCAN MATLS CO (VMC) | 1.0% | 1.2% | +0.2 pts | +120K sh | +18% |
| Reduced | SMARTSHEET INC (SMAR) | 0.6% | 0.2% | −0.4 pts | −800K sh | −44% |
| Increased | ELASTIC N V (ESTC) | 0.8% | 0.7% | 0.0 pts | +300K sh | +29% |
| Increased | UIPATH INC (PATH) | 1.3% | 1.1% | −0.1 pts | +1.3M sh | +17% |
| New | TOAST INC (TOST) | — | 0.1% | +0.1 pts | +1M sh | new |
| Increased | BLUEPRINT MEDICINES CORP (BPMC) | 0.4% | 0.4% | 0.0 pts | +150K sh | +23% |
| Increased | SAREPTA THERAPEUTICS INC (SRPT) | 0.2% | 0.3% | +0.1 pts | +100K sh | +28% |
| Increased | BIOCRYST PHARMACEUTICALS INC (BCRX) | 0.1% | 0.1% | 0.0 pts | +2.43M sh | +146% |
| Exited | ALTERYX INC (AYX 0.5 08/01/24) | 0.1% | — | −0.1 pts | −10M sh | −100% |
| Reduced | AKERO THERAPEUTICS INC (AKRO) | 0.6% | 0.5% | −0.1 pts | −437K sh | −12% |
| Increased | BAIDU INC (BIDU) | 1.7% | 1.3% | −0.4 pts | +100K sh | +5% |
| Reduced | EQUINIX INC (EQIX) | 2.2% | 1.9% | −0.4 pts | −10,470 sh | −2% |
| Exited | DOCUSIGN INC (DOCU 0 01/15/24) | 0.0% | — | 0.0 pts | −6.94M sh | −100% |
| Reduced | NETEASE INC (NTES) | 0.6% | 0.5% | −0.1 pts | −75,000 sh | −8% |
| Increased | FULL TRUCK ALLIANCE CO LTD (YMM) | 1.0% | 0.9% | −0.1 pts | +1.05M sh | +5% |
| Increased | KEROS THERAPEUTICS INC (KROS) | 0.4% | 0.6% | +0.2 pts | +100K sh | +7% |
| New | MAPLEBEAR INC (CART) | — | 0.0% | 0.0 pts | +163K sh | new |
| Reduced | BLOCK INC (XYZ) | 0.8% | 0.7% | −0.1 pts | −35,000 sh | −2% |
| Increased | CABALETTA BIO INC (CABA) | 0.1% | 0.0% | 0.0 pts | +140K sh | +39% |
| Reduced | CARIBOU BIOSCIENCES INC (CRBU) | 0.1% | 0.1% | 0.0 pts | −370K sh | −12% |
| Increased | ORIC PHARMACEUTICALS INC (ORIC) | 0.2% | 0.3% | +0.1 pts | +100K sh | +3% |
| Reduced | NVIDIA CORPORATION (NVDA) | 0.4% | 0.7% | +0.2 pts | −1,470 sh | −1% |
| Reduced | INTERCONTINENTAL EXCHANGE IN (ICE) | 1.5% | 1.4% | −0.2 pts | −3,100 sh | 0% |
| Reduced | CADENCE DESIGN SYSTEM INC (CDNS) | 2.9% | 2.8% | −0.1 pts | −1,340 sh | 0% |
| Reduced | RINGCENTRAL INC (RNG) | 0.3% | 0.3% | 0.0 pts | −5,417 sh | 0% |
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 — 50.3% of the equity book
Changes in the top 10 this quarter: DELL entered · V left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | META PLATFORMS INC (META) | 10.9% | 9.6% | |
| 2 | AMAZON COM INC (AMZN) | 7.2% | 7.9% | |
| 3 | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 4.0% | 7.7% | |
| 4 | ALPHABET INC (GOOGL) | 8.0% | 6.9% | |
| 5 | MICROSOFT CORP (MSFT) | 3.3% | 4.0% | |
| 6 | DELL TECHNOLOGIES INC (DELL) | 2.5% | 3.4% | Entered the top 10 |
| 7 | KLA CORP (KLAC) | 2.8% | 2.9% | |
| 8 | CADENCE DESIGN SYSTEM INC (CDNS) | 2.9% | 2.8% | |
| 9 | TJX COS INC NEW (TJX) | 3.0% | 2.7% | |
| 10 | ANALOG DEVICES INC (ADI) | 3.0% | 2.5% | |
| — | VISA INC (V) | 2.5% | 2.3% | 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 | SPDR S&P 500 ETF TR (SPY) | Put | 12M | 17M | $8.89B |
| Increased | NVIDIA CORPORATION (NVDA) | Call | 2.5M | 3.77M | $3.41B |
| Increased | META PLATFORMS INC (META) | Call | 1.85M | 4.15M | $2.01B |
| Increased | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | Call | 1.53M | 6.5M | $884M |
| Reduced | ALPHABET INC (GOOGL) | Put | 5.35M | 350K | $52.8M |
| Increased | AMAZON COM INC (AMZN) | Call | 12.75M | 14.5M | $2.62B |
| New | INTEL CORP (INTC) | Call | 0 | 8M | $353M |
| New | NETFLIX INC (NFLX) | Call | 0 | 520K | $316M |
| Increased | MICROSOFT CORP (MSFT) | Call | 3.15M | 3.55M | $1.49B |
| New | SERVICENOW INC (NOW) | Call | 0 | 300K | $229M |
| Increased | DOORDASH INC (DASH) | Call | 4M | 4.3M | $592M |
| New | SPOTIFY TECHNOLOGY S A (SPOT) | Call | 0 | 560K | $148M |
| Increased | TESLA INC (TSLA) | Call | 3.6M | 4.27M | $751M |
| Increased | MARRIOTT INTL INC NEW (MAR) | Call | 900K | 1.15M | $290M |
| Increased | HILTON WORLDWIDE HLDGS INC (HLT) | Call | 1.3M | 1.5M | $320M |
| Increased | WYNN RESORTS LTD (WYNN) | Call | 2.47M | 2.95M | $302M |
| Increased | LAS VEGAS SANDS CORP (LVS) | Call | 4.05M | 5.19M | $268M |
| Increased | AMAZON COM INC (AMZN) | Put | 490K | 750K | $135M |
| New | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | Put | 0 | 350K | $47.6M |
| Reduced | BOOKING HOLDINGS INC (BKNG) | Call | 90,000 | 85,000 | $308M |