We are live on
!
Find out more
FAM
Fred Alger Management Portfolio holdings
AUM
$22.8B
1-Year Est. Return
64.63%
This Fund
S&P 500
This Quarter
Est. Return
-2.04%
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
$17.4B
AUM Growth
-$2.18B
(-11%)
Cap. Flow
-$1.39B
Cap. Flow
% of AUM
-7.99%
Top 10 Holdings %
Top 10 Hldgs %
37.61%
Holding
560
New
49
Increased
117
Reduced
231
Closed
99
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$275M |
| 2 |
Pinterest
PINS
|
+$127M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$119M |
| 4 |
Humana
HUM
|
+$61.6M |
| 5 |
Adobe
ADBE
|
+$58.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Las Vegas Sands
LVS
|
+$135M |
| 2 |
JPMorgan Chase
JPM
|
+$122M |
| 3 |
Mercado Libre
MELI
|
+$115M |
| 4 |
TransDigm Group
TDG
|
+$101M |
| 5 |
GE HealthCare
GEHC
|
+$82.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 36.55% |
| 2 | Healthcare | 18.99% |
| 3 | Consumer Discretionary | 11.24% |
| 4 | Communication Services | 10.39% |
| 5 | Industrials | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AZEK
326
DELISTED
The AZEK Co
AZEK
| $1.87M | 0.01% |
+63,008
| New | +$1.98M |
|
327
Hartford Financial Services
HIG
$39.2B
| $1.86M | 0.01% |
26,249
| – | – |
|
328
Lamar Advertising Co
LAMR
$16.3B
| $1.86M | 0.01% |
22,260
-631
| -3% | -$57.9K |
|
329
Biohaven
BHVN
$2.08B
| $1.84M | 0.01% |
70,721
-44,951
| -39% | -$934K |
|
330
Blackstone Mortgage Trust
BXMT
$2.53B
| $1.82M | 0.01% |
83,546
| – | – |
|
331
Johnson Controls International
JCI
$87.8B
| $1.81M | 0.01% |
34,102
| – | – |
|
|
GRMN
332
Garmin
GRMN
$57.4B
| $1.79M | 0.01% |
16,995
| – | – |
|
333
PENN Entertainment
PENN
$2.75B
| $1.75M | 0.01% |
+76,235
| New | +$1.84M |
|
334
RTX Corp
RTX
$289B
| $1.72M | 0.01% |
23,839
| – | – |
|
335
Oneok
OKE
$56.1B
| $1.7M | 0.01% |
26,840
| – | – |
|
336
Equinix
EQIX
$103B
| $1.69M | 0.01% |
2,329
+553
| +31% | +$428K |
|
|
HLVX
337
DELISTED
HilleVax
HLVX
| $1.62M | 0.01% |
120,634
+33,591
| +39% | +$473K |
|
338
Five Below
FIVE
$12.1B
| $1.62M | 0.01% |
10,084
+2,685
| +36% | +$491K |
|
|
VTYX
339
DELISTED
Ventyx Biosciences
VTYX
| $1.62M | 0.01% |
46,644
-13,734
| -23% | -$475K |
|
340
Gilead Sciences
GILD
$163B
| $1.56M | 0.01% |
20,838
| – | – |
|
341
Guardant Health
GH
$20.2B
| $1.54M | 0.01% |
+51,824
| New | +$1.82M |
|
|
CYBR
342
DELISTED
CyberArk
CYBR
| $1.53M | 0.01% |
+9,356
| New | +$1.5M |
|
343
iRhythm Holdings
IRTC
$3.91B
| $1.49M | 0.01% |
+15,760
| New | +$1.6M |
|
344
XPO
XPO
$23.4B
| $1.47M | 0.01% |
19,635
-4,483
| -19% | -$309K |
|
345
Salesforce
CRM
$148B
| $1.43M | 0.01% |
7,053
-237,009
| -97% | -$51.2M |
|
|
RAPT
346
DELISTED
RAPT Therapeutics
RAPT
| $1.43M | 0.01% |
10,722
-9,083
| -46% | -$1.48M |
|
347
Flex
FLEX
$41B
| $1.42M | 0.01% |
70,022
| – | – |
|
348
General Dynamics
GD
$103B
| $1.4M | 0.01% |
6,349
| – | – |
|
349
Arcus Biosciences
RCUS
$3.55B
| $1.36M | 0.01% |
75,968
-23
| -0% | -$462 |
|
350
DaVita
DVA
$15.3B
| $1.28M | 0.01% |
13,496
+13,265
| +5,742% | +$1.35M |
|
Similar funds
CAM
BA
AM
SAM
CHP
Fred Alger Management's Q3 2023 Portfolio in Review
As of Q3 2023, Fred Alger Management held 560 positions worth $17.4B, down 11% from $19.6B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Fred Alger Management withdrew a net $1.39B in Q3 2023, closing 99 positions and reducing 231 holdings. Its most notable exit was Reata Pharmaceuticals, Inc. Class A Common Stock, an estimated $41.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 37% of assets, up from 36% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Extreme Networks worth $33.9M.
- Fred Alger Management's largest Q3 2023 buy was Extreme Networks: 1,401,093 shares worth $33.9M.
- Fred Alger Management added most to Meta Platforms (Facebook) in Q3 2023, an estimated $275M increase.
- Fred Alger Management's biggest Q3 2023 reduction was Las Vegas Sands, cutting an estimated $135M.
- Fred Alger Management fully exited Reata Pharmaceuticals, Inc. Class A Common Stock in Q3 2023, selling an estimated $41.5M.
- Fred Alger Management's ten largest holdings make up 38% of its $17.4B portfolio in Q3 2023.
- Fred Alger Management opened 49 new positions and closed 99 in Q3 2023.
- Fred Alger Management's portfolio value fell 11% quarter-over-quarter to $17.4B.
Based on Fred Alger Management's 13F filing for Q3 2023, filed 14 Nov 2023.