FAM
SUM

Fred Alger Management’s Summit Materials, Inc. Class A Common Stock SUM Stock Holding History

Fred Alger Management’s Portfolio SUM Stock Details SUM Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2024
Q1 		– Sell
-83,252
Closed -$3.2M – 500
2023
Q4 		$3.2M Sell
83,252
-759,694
-90% -$26.3M 0.02% 290
2023
Q3 		$26.2M Buy
842,946
+207,309
+33% +$7.38M 0.15% 125
2023
Q2 		$24.1M Buy
+635,637
New +$19.7M 0.12% 148

Other funds holding SUM

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return
Massachusetts Financial Services
Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return
Principal Financial Group
Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return
Macquarie Group
Macquarie Group Sydney, NSW 2000, Australia $23.2B AUM 40.19% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return
Victory Capital Management
Victory Capital Management San Antonio, Texas $178B AUM 37.23% 1-Year Est. Return
ClearBridge Investments
ClearBridge Investments New York $121B AUM 27.52% 1-Year Est. Return

Fred Alger Management's SUM Position: Q1 2024 in Review

Fred Alger Management sold out of Summit Materials, Inc. Class A Common Stock (SUM) in Q1 2024, closing a stake of 83,252 shares — an estimated $3.2M sold.

Fred Alger Management first reported a position in SUM in Q2 2023 and held it in 3 quarters. The position peaked at $26.2M in Q3 2023. 309 funds tracked by Wall St. Rank hold SUM as of Q1 2024.

  • Fred Alger Management reported no remaining Summit Materials, Inc. Class A Common Stock position as of Q1 2024 after selling out during the quarter.
  • Fred Alger Management sold 83,252 Summit Materials, Inc. Class A Common Stock shares in Q1 2024, an estimated $3.2M.
  • Fred Alger Management first reported a position in Summit Materials, Inc. Class A Common Stock in Q2 2023 and held it in 3 quarters.
  • Fred Alger Management's Summit Materials, Inc. Class A Common Stock position peaked at $26.2M in Q3 2023.
  • 309 funds tracked by Wall St. Rank held Summit Materials, Inc. Class A Common Stock as of Q1 2024.

Based on Fred Alger Management's 13F filing for Q1 2024, filed 15 May 2024.