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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
+10.33%
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
$20.6B
AUM Growth
+$404M
Cap. Flow
-$918M
Cap. Flow %
-4.46%
Top 10 Hldgs %
45.88%
Holding
486
New
43
Increased
157
Reduced
204
Closed
61

Top Buys

Rank Stock Value
1
APP icon
Applovin
APP
+$271M
2
CEG icon
Constellation Energy
CEG
+$108M
3
HUBS icon
HubSpot
HUBS
+$83.9M
4
AAPL icon
Apple
AAPL
+$83.5M
5
EQIX icon
Equinix
EQIX
+$56.3M

Top Sells

Rank Stock Value
1
NTRA icon
Natera
NTRA
+$130M
2
GOOG icon
Alphabet (Google) Class C
GOOG
+$107M
3
AMD icon
Advanced Micro Devices
AMD
+$94.7M
4
MBLY icon
Mobileye
MBLY
+$80.9M
5
ACHC icon
Acadia Healthcare
ACHC
+$80.2M

Sector Composition

Rank Sector Weight
1 Technology 41.24%
2 Healthcare 15.44%
3 Communication Services 13.11%
4 Consumer Discretionary 10.67%
5 Industrials 10.09%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RH icon
251
RH
RH
$3.36B
$4.78M 0.02%
19,564
-166,154
-89% -$43.7M
FOUR icon
252
Shift4
FOUR
$4.35B
$4.77M 0.02%
65,049
-4,425
-6% -$293K
CSCO icon
253
Cisco
CSCO
$456B
$4.77M 0.02%
100,310
+5,471
+6% +$260K
TTE icon
254
TotalEnergies
TTE
$187B
$4.64M 0.02%
69,542
+2,018
+3% +$143K
WELL icon
255
Welltower
WELL
$172B
$4.56M 0.02%
43,727
+3,470
+9% +$340K
W icon
256
Wayfair
W
$12.5B
$4.56M 0.02%
86,425
+11,125
+15% +$661K
SPG icon
257
Simon Property Group
SPG
$76.8B
$4.5M 0.02%
29,659
+986
+3% +$145K
MCD icon
258
McDonald's
MCD
$194B
$4.47M 0.02%
17,555
+985
+6% +$261K
CAVA icon
259
CAVA Group
CAVA
$7.57B
$4.44M 0.02%
47,904
-723
-1% -$55.8K
UNP icon
260
Union Pacific
UNP
$175B
$4.35M 0.02%
19,223
-1,037
-5% -$243K
SMAR
261
DELISTED
Smartsheet Inc.
SMAR
$4.35M 0.02%
98,602
-29,333
-23% -$1.17M
SCCO icon
262
Southern Copper
SCCO
$140B
$4.25M 0.02%
42,126
+1,256
+3% +$134K
RBLX icon
263
Roblox
RBLX
$35.4B
$4.15M 0.02%
111,629
+25,346
+29% +$902K
OSCR icon
264
Oscar Health
OSCR
$9.47B
$4.02M 0.02%
253,884
-66,669
-21% -$1.23M
CCI icon
265
Crown Castle
CCI
$33.1B
$3.93M 0.02%
40,218
+3,655
+10% +$360K
MIDD icon
266
Middleby
MIDD
$6.11B
$3.89M 0.02%
31,731
-8,911
-22% -$1.21M
SVV icon
267
Savers
SVV
$1.58B
$3.87M 0.02%
316,435
-650,663
-67% -$9.71M
CECO icon
268
Ceco Environmental
CECO
$3.94B
$3.83M 0.02%
132,589
-228,951
-63% -$5.55M
ORCL icon
269
Oracle
ORCL
$346B
$3.81M 0.02%
26,970
+1,388
+5% +$172K
AZO icon
270
AutoZone
AZO
$50.9B
$3.8M 0.02%
1,283
+117
+10% +$343K
TRU icon
271
TransUnion
TRU
$16.2B
$3.73M 0.02%
50,297
-884
-2% -$65.9K
MO icon
272
Altria Group
MO
$125B
$3.73M 0.02%
81,800
+7,323
+10% +$325K
MRUS
273
DELISTED
Merus
MRUS
$3.72M 0.02%
62,816
+42,219
+205% +$2.04M
BBY icon
274
Best Buy
BBY
$18.9B
$3.7M 0.02%
43,889
-1,444
-3% -$115K
FIX icon
275
Comfort Systems
FIX
$57.2B
$3.59M 0.02%
+11,806
New +$3.75M
9 10
11
12 13

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Fred Alger Management's Q2 2024 Portfolio in Review

As of Q2 2024, Fred Alger Management held 486 positions worth $20.6B, up 2% from $20.2B the previous quarter. Its ten largest holdings account for 46% of the portfolio.

Fred Alger Management withdrew a net $918M in Q2 2024, closing 61 positions and reducing 204 holdings. Its most notable exit was Shockwave Medical, Inc. Common Stock, an estimated $67.4M position sold in full.

By sector, the portfolio is most concentrated in Technology at 41% of assets, up from 39% a quarter earlier, followed by Healthcare and Communication Services.

Against the trend, Fred Alger Management opened a new position in Applovin worth $291M.

  • Fred Alger Management's largest Q2 2024 buy was Applovin: 3,492,613 shares worth $291M.
  • Fred Alger Management added most to Constellation Energy in Q2 2024, an estimated $108M increase.
  • Fred Alger Management's biggest Q2 2024 reduction was Natera, cutting an estimated $130M.
  • Fred Alger Management fully exited Shockwave Medical, Inc. Common Stock in Q2 2024, selling an estimated $67.4M.
  • Fred Alger Management's ten largest holdings make up 46% of its $20.6B portfolio in Q2 2024.
  • Fred Alger Management opened 43 new positions and closed 61 in Q2 2024.
  • Fred Alger Management's portfolio value rose 2% quarter-over-quarter to $20.6B.

Based on Fred Alger Management's 13F filing for Q2 2024, filed 14 Aug 2024.