FAM
MOMO

Fred Alger Management’s Hello Group MOMO Stock Holding History

Fred Alger Management’s Portfolio MOMO Stock Details MOMO Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2020
Q1 		– Sell
-295,191
Closed -$9.89M – 573
2019
Q4 		$9.89M Buy
+295,191
New +$10.5M 0.04% 196
2018
Q4 		– Sell
-8,690
Closed -$381K – 554
2018
Q3 		$381K Buy
+8,690
New +$380K ﹤0.01% 367

Other funds holding MOMO

PG
Pendal Group Sydney, Australia $11.6B AUM 12.87% 1-Year Est. Return
Renaissance Technologies
Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
AG
Alibaba Group Causeway Bay, Hong Kong $653M AUM 16.11% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
PIM
Platinum Investment Management Sydney Australia 2000, Australia $397M AUM 63.96% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Arrowstreet Capital
Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Fred Alger Management's MOMO Position: Q1 2020 in Review

Fred Alger Management sold out of Hello Group (MOMO) in Q1 2020, closing a stake of 295,191 shares — an estimated $9.89M sold.

Fred Alger Management first reported a position in MOMO in Q3 2018 and held it in 2 quarters. The position peaked at $9.89M in Q4 2019. 254 funds tracked by Wall St. Rank hold MOMO as of Q1 2020.

  • Fred Alger Management reported no remaining Hello Group position as of Q1 2020 after selling out during the quarter.
  • Fred Alger Management sold 295,191 Hello Group shares in Q1 2020, an estimated $9.89M.
  • Fred Alger Management first reported a position in Hello Group in Q3 2018 and held it in 2 quarters.
  • Fred Alger Management's Hello Group position peaked at $9.89M in Q4 2019.
  • 254 funds tracked by Wall St. Rank held Hello Group as of Q1 2020.

Based on Fred Alger Management's 13F filing for Q1 2020, filed 15 May 2020.