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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
+5.88%
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
$21.5B
AUM Growth
-$647M
(-2.9%)
Cap. Flow
-$1.48B
Cap. Flow
% of AUM
-6.88%
Top 10 Holdings %
Top 10 Hldgs %
38.78%
Holding
614
New
58
Increased
200
Reduced
215
Closed
65
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$164M |
| 2 |
Salesforce
CRM
|
+$163M |
| 3 |
SBA Communications
SBAC
|
+$130M |
| 4 |
Boeing
BA
|
+$128M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$496M |
| 2 |
Apple
AAPL
|
+$260M |
| 3 |
Amazon
AMZN
|
+$179M |
| 4 |
Microchip Technology
MCHP
|
+$130M |
| 5 |
Crown Castle
CCI
|
+$129M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.61% |
| 2 | Consumer Discretionary | 16.32% |
| 3 | Healthcare | 15.75% |
| 4 | Communication Services | 12.15% |
| 5 | Financials | 11.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Wells Fargo
WFC
$263B
| $1.76M | 0.01% |
33,590
-11,819
| -26% | -$702K |
|
302
AT&T
T
$169B
| $1.75M | 0.01% |
65,124
| – | – |
|
|
GAP
303
The Gap Inc
GAP
$7.28B
| $1.71M | 0.01% |
54,871
| – | – |
|
304
ConocoPhillips
COP
$139B
| $1.67M | 0.01% |
28,098
-575
| -2% | -$32.5K |
|
|
INFO
305
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $1.65M | 0.01% |
34,291
-4,942
| -13% | -$234K |
|
|
KSU
306
DELISTED
Kansas City Southern
KSU
| $1.65M | 0.01% |
15,050
| – | – |
|
307
Ulta Beauty
ULTA
$21.6B
| $1.61M | 0.01% |
7,888
-67,514
| -90% | -$14.6M |
|
|
IPHI
308
DELISTED
INPHI CORPORATION
IPHI
| $1.59M | 0.01% |
+52,678
| New | +$1.64M |
|
309
Affiliated Managers Group
AMG
$9.78B
| $1.58M | 0.01% |
8,349
-1,049
| -11% | -$204K |
|
|
FOLD
310
DELISTED
Amicus Therapeutics
FOLD
| $1.58M | 0.01% |
105,000
-3,000
| -3% | -$45.7K |
|
311
CVS Health
CVS
$140B
| $1.57M | 0.01% |
25,306
-128
| -0.5% | -$9.18K |
|
312
SLB Ltd
SLB
$74.2B
| $1.47M | 0.01% |
22,713
| – | – |
|
313
Coca-Cola
KO
$380B
| $1.43M | 0.01% |
32,927
| – | – |
|
314
Hartford Financial Services
HIG
$39.3B
| $1.39M | 0.01% |
26,965
| – | – |
|
|
RVNC
315
DELISTED
Revance Therapeutics, Inc.
RVNC
| $1.35M | 0.01% |
43,915
+18,915
| +76% | +$609K |
|
316
GSK
GSK
$108B
| $1.35M | 0.01% |
27,588
| – | – |
|
317
Viatris
VTRS
$20.8B
| $1.32M | 0.01% |
32,000
+14,000
| +78% | +$597K |
|
318
Abbott
ABT
$187B
| $1.3M | 0.01% |
21,699
+21,356
| +6,226% | +$1.29M |
|
319
Blackstone Mortgage Trust
BXMT
$2.81B
| $1.3M | 0.01% |
41,377
| – | – |
|
|
ONCE
320
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $1.26M | 0.01% |
19,000
-2,000
| -10% | -$115K |
|
|
NBIS
321
Nebius Group N.V.
NBIS
$43.1B
| $1.23M | 0.01% |
31,260
+2,595
| +9% | +$102K |
|
322
Gilead Sciences
GILD
$167B
| $1.23M | 0.01% |
16,300
-12
| -0.1% | -$954 |
|
323
Eaton
ETN
$150B
| $1.21M | 0.01% |
15,194
| – | – |
|
324
HCA Healthcare
HCA
$92.8B
| $1.21M | 0.01% |
12,500
+1,000
| +9% | +$97K |
|
325
Sempra
SRE
$59.2B
| $1.18M | 0.01% |
21,136
| – | – |
|
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Fred Alger Management's Q1 2018 Portfolio in Review
As of Q1 2018, Fred Alger Management held 614 positions worth $21.5B, down 2.9% from $22.2B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Fred Alger Management withdrew a net $1.48B in Q1 2018, closing 65 positions and reducing 215 holdings. Its most notable exit was Broadcom, an estimated $496M position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Fred Alger Management opened a new position in Zayo Group Holdings, Inc. worth $33.9M.
- Fred Alger Management's largest Q1 2018 buy was Zayo Group Holdings, Inc.: 991,263 shares worth $33.9M.
- Fred Alger Management added most to Microsoft in Q1 2018, an estimated $164M increase.
- Fred Alger Management's biggest Q1 2018 reduction was Apple, cutting an estimated $260M.
- Fred Alger Management fully exited Broadcom in Q1 2018, selling an estimated $496M.
- Fred Alger Management's ten largest holdings make up 39% of its $21.5B portfolio in Q1 2018.
- Fred Alger Management opened 58 new positions and closed 65 in Q1 2018.
- Fred Alger Management's portfolio value fell 2.9% quarter-over-quarter to $21.5B.
Based on Fred Alger Management's 13F filing for Q1 2018, filed 10 May 2018.