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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
-8.41%
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
$22.8B
AUM Growth
-$4.41B
(-16%)
Cap. Flow
-$1.27B
Cap. Flow
% of AUM
-5.6%
Top 10 Holdings %
Top 10 Hldgs %
36.84%
Holding
614
New
135
Increased
158
Reduced
239
Closed
65
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$190M |
| 2 |
Lowe's Companies
LOW
|
+$187M |
| 3 |
Netflix
NFLX
|
+$179M |
| 4 |
Starbucks
SBUX
|
+$114M |
| 5 |
Novartis
NVS
|
+$92.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Abbott
ABT
|
+$260M |
| 2 |
Microsoft
MSFT
|
+$208M |
| 3 |
Salesforce
CRM
|
+$171M |
| 4 |
Dollar Tree
DLTR
|
+$171M |
| 5 |
Adobe
ADBE
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.16% |
| 2 | Healthcare | 22.78% |
| 3 | Consumer Discretionary | 14.09% |
| 4 | Communication Services | 9.78% |
| 5 | Financials | 9.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Lincoln Electric
LECO
$14.2B
| $1.97M | 0.01% |
28,501
-9,693
| -25% | -$831K |
|
|
BNFT
277
DELISTED
Benefitfocus, Inc.
BNFT
| $1.96M | 0.01% |
219,775
-26,251
| -11% | -$398K |
|
278
Comcast
CMCSA
$85B
| $1.95M | 0.01% |
56,747
-1,300
| -2% | -$54.8K |
|
|
XLNX
279
DELISTED
Xilinx Inc
XLNX
| $1.95M | 0.01% |
24,992
-231,551
| -90% | -$20.2M |
|
280
Stryker
SYK
$125B
| $1.93M | 0.01% |
11,573
+1,000
| +9% | +$195K |
|
281
Alnylam Pharmaceuticals
ALNY
$27.5B
| $1.85M | 0.01% |
16,971
-6,026
| -26% | -$696K |
|
|
IAA
282
DELISTED
IAA, Inc. Common Stock
IAA
| $1.82M | 0.01% |
60,716
-46,351
| -43% | -$2M |
|
|
SEI
283
Solaris Energy Infrastructure
SEI
$3.15B
| $1.81M | 0.01% |
345,285
-345,907
| -50% | -$3.63M |
|
|
NVO
284
Novo Nordisk
NVO
$208B
| $1.81M | 0.01% |
+60,000
| New | +$1.79M |
|
285
Five Below
FIVE
$12B
| $1.76M | 0.01% |
25,050
-598,030
| -96% | -$60.9M |
|
|
TMX
286
DELISTED
Terminix Global Holdings, Inc.
TMX
| $1.76M | 0.01% |
65,130
-439,259
| -87% | -$15M |
|
287
Akamai
AKAM
$16.7B
| $1.73M | 0.01% |
18,862
-963
| -5% | -$89.3K |
|
288
Alexandria Real Estate Equities
ARE
$8.97B
| $1.65M | 0.01% |
12,000
-1,500
| -11% | -$235K |
|
289
Illumina
ILMN
$31B
| $1.62M | 0.01% |
6,094
-64,745
| -91% | -$18.1M |
|
290
Altria Group
MO
$114B
| $1.6M | 0.01% |
41,374
-18,430
| -31% | -$818K |
|
291
Blackstone
BX
$102B
| $1.58M | 0.01% |
34,717
-14,973
| -30% | -$828K |
|
292
NextEra Energy
NEE
$181B
| $1.58M | 0.01% |
26,192
-464
| -2% | -$29.2K |
|
293
BioMarin Pharmaceuticals
BMRN
$11.6B
| $1.52M | 0.01% |
18,007
+6,937
| +63% | +$598K |
|
294
Bank of America
BAC
$435B
| $1.49M | 0.01% |
70,294
-1,232,265
| -95% | -$36.9M |
|
295
Hexcel
HXL
$7.79B
| $1.49M | 0.01% |
40,126
-1,359
| -3% | -$87.8K |
|
296
Shake Shack
SHAK
$2.53B
| $1.43M | 0.01% |
38,001
-233
| -0.6% | -$13.8K |
|
297
AT&T
T
$159B
| $1.4M | 0.01% |
63,388
-1,459
| -2% | -$39.9K |
|
298
Vipshop
VIPS
$7.37B
| $1.35M | 0.01% |
+87,000
| New | +$1.24M |
|
299
MSC Industrial Direct
MSM
$6.89B
| $1.32M | 0.01% |
23,942
-4,310
| -15% | -$284K |
|
300
Amgen
AMGN
$208B
| $1.24M | 0.01% |
6,109
-141
| -2% | -$30.8K |
|
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Fred Alger Management's Q1 2020 Portfolio in Review
As of Q1 2020, Fred Alger Management held 614 positions worth $22.8B, down 16% from $27.2B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Fred Alger Management withdrew a net $1.27B in Q1 2020, closing 65 positions and reducing 239 holdings. Its most notable exit was Dermira, Inc., an estimated $46.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 33% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in AtriCure worth $42.4M.
- Fred Alger Management's largest Q1 2020 buy was AtriCure: 1,263,408 shares worth $42.4M.
- Fred Alger Management added most to NVIDIA in Q1 2020, an estimated $190M increase.
- Fred Alger Management's biggest Q1 2020 reduction was Abbott, cutting an estimated $260M.
- Fred Alger Management fully exited Dermira, Inc. in Q1 2020, selling an estimated $46.3M.
- Fred Alger Management's ten largest holdings make up 37% of its $22.8B portfolio in Q1 2020.
- Fred Alger Management opened 135 new positions and closed 65 in Q1 2020.
- Fred Alger Management's portfolio value fell 16% quarter-over-quarter to $22.8B.
Based on Fred Alger Management's 13F filing for Q1 2020, filed 15 May 2020.