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FAM

Fred Alger Management Portfolio holdings

AUM $22.8B
1-Year Est. Return 64.63%
This Fund
S&P 500
This Quarter Est. Return
+20.34%
1 Year Est. Return
+64.63%
3 Year Est. Return
+243.99%
5 Year Est. Return
+318.3%
10 Year Est. Return
+1,899.64%
AUM
$20.2B
AUM Growth
+$1.63B
Cap. Flow
-$978M
Cap. Flow %
-4.85%
Top 10 Hldgs %
41.49%
Holding
507
New
64
Increased
167
Reduced
188
Closed
64

Top Buys

Rank Stock Value
1
MU icon
Micron Technology
MU
+$117M
2
SYK icon
Stryker
SYK
+$95.9M
3
NFLX icon
Netflix
NFLX
+$85.6M
4
MBLY icon
Mobileye
MBLY
+$64.5M
5
AVGO icon
Broadcom
AVGO
+$61.3M

Top Sells

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$165M
2
UNH icon
UnitedHealth
UNH
+$139M
3
AAPL icon
Apple
AAPL
+$112M
4
TMDX icon
Transmedics
TMDX
+$111M
5
AMGN icon
Amgen
AMGN
+$84M

Sector Composition

Rank Sector Weight
1 Technology 39.11%
2 Healthcare 17.27%
3 Consumer Discretionary 11.73%
4 Communication Services 11.09%
5 Industrials 10.69%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PODD icon
251
Insulet
PODD
$11.5B
$5.23M 0.03%
30,522
-27,613
-47% -$5.15M
W icon
252
Wayfair
W
$11.9B
$5.11M 0.03%
75,300
-339,291
-82% -$19.2M
HQY icon
253
HealthEquity
HQY
$8.44B
$5.07M 0.03%
62,067
-4,821
-7% -$376K
NVO
254
Novo Nordisk
NVO
$228B
$5.05M 0.03%
39,364
+16,599
+73% +$1.98M
UNP icon
255
Union Pacific
UNP
$172B
$4.98M 0.02%
20,260
+1,564
+8% +$385K
SMAR
256
DELISTED
Smartsheet Inc.
SMAR
$4.93M 0.02%
127,935
-578,224
-82% -$25.2M
AMT icon
257
American Tower
AMT
$81.3B
$4.9M 0.02%
24,801
-45,563
-65% -$9.08M
WSC icon
258
WillScot Mobile Mini Holdings
WSC
$4.35B
$4.86M 0.02%
104,612
+67,473
+182% +$3.14M
FRTY icon
259
Alger Mid Cap 40 ETF
FRTY
$142M
$4.83M 0.02%
304,581
-14,972
-5% -$223K
ON icon
260
ON Semiconductor
ON
$32.6B
$4.78M 0.02%
65,042
-56,183
-46% -$4.3M
OSCR icon
261
Oscar Health
OSCR
$9.42B
$4.77M 0.02%
320,553
+131,246
+69% +$1.8M
CSCO icon
262
Cisco
CSCO
$448B
$4.73M 0.02%
94,839
+11,770
+14% +$587K
VZ icon
263
Verizon
VZ
$193B
$4.73M 0.02%
112,765
+13,545
+14% +$546K
MCD icon
264
McDonald's
MCD
$191B
$4.67M 0.02%
16,570
+2,434
+17% +$708K
TTE icon
265
TotalEnergies
TTE
$193B
$4.65M 0.02%
67,524
+9,033
+15% +$592K
DLO icon
266
dLocal
DLO
$4.41B
$4.61M 0.02%
313,708
-8,235
-3% -$138K
CPRI icon
267
Capri Holdings
CPRI
$1.82B
$4.61M 0.02%
101,682
-2,285
-2% -$109K
FOUR icon
268
Shift4
FOUR
$4.26B
$4.59M 0.02%
+69,474
New +$5.23M
ACIW icon
269
ACI Worldwide
ACIW
$5.86B
$4.59M 0.02%
138,203
-60,016
-30% -$1.85M
SPG icon
270
Simon Property Group
SPG
$74.7B
$4.49M 0.02%
28,673
+3,712
+15% +$544K
KROS icon
271
Keros Therapeutics
KROS
$202M
$4.36M 0.02%
+65,880
New +$3.91M
HXL icon
272
Hexcel
HXL
$7.76B
$4.24M 0.02%
58,224
-1,294
-2% -$93.1K
FIVE icon
273
Five Below
FIVE
$12.1B
$4.16M 0.02%
22,942
+1,795
+8% +$346K
AZN icon
274
AstraZeneca
AZN
$266B
$4.09M 0.02%
30,182
+2,984
+11% +$395K
TRU icon
275
TransUnion
TRU
$15.4B
$4.08M 0.02%
51,181
+18,235
+55% +$1.34M
9 10
11
12 13

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Fred Alger Management's Q1 2024 Portfolio in Review

As of Q1 2024, Fred Alger Management held 507 positions worth $20.2B, up 8.8% from $18.5B the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Fred Alger Management withdrew a net $978M in Q1 2024, closing 64 positions and reducing 188 holdings. Its most notable exit was Humana, an estimated $76.8M position sold in full.

By sector, the portfolio is most concentrated in Technology at 39% of assets, up from 37% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Fred Alger Management opened a new position in Stryker worth $102M.

  • Fred Alger Management's largest Q1 2024 buy was Stryker: 285,178 shares worth $102M.
  • Fred Alger Management added most to Micron Technology in Q1 2024, an estimated $117M increase.
  • Fred Alger Management's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $165M.
  • Fred Alger Management fully exited Humana in Q1 2024, selling an estimated $76.8M.
  • Fred Alger Management's ten largest holdings make up 41% of its $20.2B portfolio in Q1 2024.
  • Fred Alger Management opened 64 new positions and closed 64 in Q1 2024.
  • Fred Alger Management's portfolio value rose 8.8% quarter-over-quarter to $20.2B.

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