A number of bins of products, purchased from JD.com, are stacked on the ground.Zhang Peng | LightRocket | Getty Pictures(This story is for CNBC Professional subscribers solely.)A tech-focused hedge fund is trouncing the market by betting large on the e-commerce house, which many on Wall Avenue take into account a development trade even after the pandemic increase is over. The fund has been one of many best-performing within the trade this yr, returning 15% on its lengthy fairness positions, and it additionally has an extended observe report of beating the market. Here is a take a look at its prime holdings in a sector that has been main the market comeback.Alkeon Capital Administration, a New York-based hedge fund, has crushed the broader market this yr by its elevated wagers on mega-cap tech corporations, on-line retailers in addition to work-from-home performs.CNBC Professional used Symmetric.io, a hedge-fund monitoring agency, to seek out under-the-radar prime stock pickers this yr. In contrast to funds manged by star traders like David Einhorn and Invoice Ackman, Alkeon Capital is run by smaller and lesser-known managers. Its 15% return in 2020 is predicated on Symmetric’s estimate primarily based on the fund’s lengthy positions, not its total return.Listed below are Alkeon Capital’s prime 20 holdings as of the top of the primary quarter, primarily based on the most recent regulatory submitting.