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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
+0.07%
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
$18.4B
AUM Growth
-$1.1B
(-5.7%)
Cap. Flow
-$780M
Cap. Flow
% of AUM
-4.25%
Top 10 Holdings %
Top 10 Hldgs %
40.19%
Holding
562
New
65
Increased
161
Reduced
196
Closed
78
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Intercontinental Exchange
ICE
|
+$162M |
| 2 |
Incyte
INCY
|
+$120M |
| 3 |
Danaher
DHR
|
+$112M |
| 4 |
Autodesk
ADSK
|
+$95M |
| 5 |
Bank of America
BAC
|
+$92.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Thermo Fisher Scientific
TMO
|
+$245M |
| 2 |
Apple
AAPL
|
+$178M |
| 3 |
ASML
ASML
|
+$125M |
| 4 |
Altria Group
MO
|
+$119M |
| 5 |
AGN
Allergan plc
AGN
|
+$118M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.48% |
| 2 | Communication Services | 18.39% |
| 3 | Healthcare | 16.44% |
| 4 | Consumer Discretionary | 11.83% |
| 5 | Industrials | 9.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Diamondback Energy
FANG
$57.6B
| $845K | ﹤0.01% |
+8,358
| New | +$834K |
|
302
American International
AIG
$41.9B
| $840K | ﹤0.01% |
12,857
+644
| +5% | +$40.4K |
|
|
SPLK
303
DELISTED
Splunk Inc
SPLK
| $791K | ﹤0.01% |
15,465
-32,358
| -68% | -$1.86M |
|
|
CHMT
304
DELISTED
Chemtura Corporation
CHMT
| $782K | ﹤0.01% |
23,550
| – | – |
|
305
VF Corp
VFC
$6.68B
| $779K | ﹤0.01% |
15,511
-93
| -0.6% | -$4.82K |
|
306
Las Vegas Sands
LVS
$30.5B
| $770K | ﹤0.01% |
14,423
-3,986
| -22% | -$232K |
|
|
DGI
307
DELISTED
DigitalGlobe Inc.
DGI
| $770K | ﹤0.01% |
+26,869
| New | +$774K |
|
308
Bath & Body Works
BBWI
$4.01B
| $758K | ﹤0.01% |
14,249
-80
| -0.6% | -$4.55K |
|
309
Baxter International
BAX
$11.6B
| $756K | ﹤0.01% |
17,056
-8,187
| -32% | -$379K |
|
|
FPRX
310
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $752K | ﹤0.01% |
15,000
| – | – |
|
311
Merck
MRK
$324B
| $725K | ﹤0.01% |
12,911
-17,659
| -58% | -$1.03M |
|
312
West Pharmaceutical
WST
$23.1B
| $700K | ﹤0.01% |
8,250
+250
| +3% | +$19.7K |
|
313
Dick's Sporting Goods
DKS
$18.4B
| $693K | ﹤0.01% |
13,050
-127,391
| -91% | -$7.31M |
|
|
SIVB
314
DELISTED
SVB Financial Group
SIVB
| $691K | ﹤0.01% |
+4,027
| New | +$577K |
|
315
Berkshire Hathaway Class B
BRK.B
$1.07T
| $678K | ﹤0.01% |
+4,157
| New | +$640K |
|
|
BLCM
316
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $640K | ﹤0.01% |
4,700
-300
| -6% | -$53.3K |
|
317
Chipotle Mexican Grill
CMG
$40.8B
| $617K | ﹤0.01% |
81,750
| – | – |
|
318
Adecoagro
AGRO
$1.53B
| $608K | ﹤0.01% |
58,593
+890
| +2% | +$9.58K |
|
319
Globant
GLOB
$1.35B
| $600K | ﹤0.01% |
17,993
+213
| +1% | +$8.34K |
|
320
3M
MMM
$89B
| $600K | ﹤0.01% |
4,017
-120,141
| -97% | -$17.3M |
|
|
NBIS
321
Nebius Group N.V.
NBIS
$47.7B
| $598K | ﹤0.01% |
29,688
+2,350
| +9% | +$46.2K |
|
|
TTM
322
DELISTED
Tata Motors Limited
TTM
| $571K | ﹤0.01% |
16,610
-870
| -5% | -$32.1K |
|
323
Woodward
WWD
$25B
| $569K | ﹤0.01% |
8,236
-2,689
| -25% | -$174K |
|
324
Clean Harbors
CLH
$16.1B
| $555K | ﹤0.01% |
9,980
| – | – |
|
325
Itron
ITRI
$3.73B
| $553K | ﹤0.01% |
8,796
-3,751
| -30% | -$226K |
|
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Fred Alger Management's Q4 2016 Portfolio in Review
As of Q4 2016, Fred Alger Management held 562 positions worth $18.4B, down 5.7% from $19.5B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Fred Alger Management withdrew a net $780M in Q4 2016, closing 78 positions and reducing 196 holdings. Its most notable exit was Norwegian Cruise Line, an estimated $89.1M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 21% a quarter earlier, followed by Communication Services and Healthcare.
Against the trend, Fred Alger Management opened a new position in Autodesk worth $95.4M.
- Fred Alger Management's largest Q4 2016 buy was Autodesk: 1,289,679 shares worth $95.4M.
- Fred Alger Management added most to Intercontinental Exchange in Q4 2016, an estimated $162M increase.
- Fred Alger Management's biggest Q4 2016 reduction was Thermo Fisher Scientific, cutting an estimated $245M.
- Fred Alger Management fully exited Norwegian Cruise Line in Q4 2016, selling an estimated $89.1M.
- Fred Alger Management's ten largest holdings make up 40% of its $18.4B portfolio in Q4 2016.
- Fred Alger Management opened 65 new positions and closed 78 in Q4 2016.
- Fred Alger Management's portfolio value fell 5.7% quarter-over-quarter to $18.4B.
Based on Fred Alger Management's 13F filing for Q4 2016, filed 14 Feb 2017.