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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
+8.28%
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
+$60.4M
Cap. Flow
-$1.01B
Cap. Flow %
-4.91%
Top 10 Hldgs %
46.31%
Holding
486
New
61
Increased
155
Reduced
193
Closed
52

Top Buys

Rank Stock Value
1
GFL icon
GFL Environmental
GFL
+$160M
2
AVGO icon
Broadcom
AVGO
+$128M
3
ALAB icon
Astera Labs
ALAB
+$123M
4
TSLA icon
Tesla
TSLA
+$108M
5
VRT icon
Vertiv
VRT
+$54.1M

Top Sells

Rank Stock Value
1
MRVL icon
Marvell Technology
MRVL
+$150M
2
NTRA icon
Natera
NTRA
+$144M
3
MCK icon
McKesson
MCK
+$134M
4
MELI icon
Mercado Libre
MELI
+$97.2M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$94.4M

Sector Composition

Rank Sector Weight
1 Technology 38.3%
2 Healthcare 14.56%
3 Communication Services 13.24%
4 Industrials 12.02%
5 Consumer Discretionary 11.77%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RPD icon
326
Rapid7
RPD
$634M
$2.01M 0.01%
50,451
-444,058
-90% -$16.7M
A icon
327
Agilent Technologies
A
$39.2B
$1.98M 0.01%
13,317
+8,693
+188% +$1.19M
WSC icon
328
WillScot Mobile Mini Holdings
WSC
$4.35B
$1.97M 0.01%
52,484
-34,364
-40% -$1.31M
ENSG icon
329
The Ensign Group
ENSG
$10.4B
$1.88M 0.01%
13,038
+5,696
+78% +$811K
BMRN icon
330
BioMarin Pharmaceuticals
BMRN
$11.7B
$1.87M 0.01%
26,573
-2,943
-10% -$246K
GSK icon
331
GSK
GSK
$104B
$1.83M 0.01%
44,801
+3,733
+9% +$153K
ZS icon
332
Zscaler
ZS
$24B
$1.77M 0.01%
10,371
+9,542
+1,151% +$1.74M
MYRG icon
333
MYR Group
MYRG
$5.15B
$1.69M 0.01%
16,511
-124,843
-88% -$14.2M
SYK icon
334
Stryker
SYK
$133B
$1.68M 0.01%
4,655
-217,343
-98% -$75M
BCPC
335
Balchem Corp
BCPC
$5.23B
$1.63M 0.01%
9,267
-39
-0.4% -$6.64K
MTN icon
336
Vail Resorts
MTN
$5.45B
$1.62M 0.01%
9,268
-1,849
-17% -$331K
BILL icon
337
BILL Holdings
BILL
$4.52B
$1.57M 0.01%
29,728
-430
-1% -$22.1K
PSA icon
338
Public Storage
PSA
$59.3B
$1.57M 0.01%
+4,310
New +$1.4M
CRM icon
339
Salesforce
CRM
$148B
$1.55M 0.01%
5,649
-4
-0.1% -$1.02K
MXCT icon
340
MaxCyte
MXCT
$112M
$1.52M 0.01%
389,618
-4,154
-1% -$17.5K
TXG icon
341
10x Genomics
TXG
$6.28B
$1.48M 0.01%
65,472
-501
-0.8% -$10.4K
DOW icon
342
Dow Inc
DOW
$21.7B
$1.39M 0.01%
25,426
– –
RMD icon
343
ResMed
RMD
$30.3B
$1.38M 0.01%
+5,659
New +$1.26M
EWCZ
344
DELISTED
European Wax Center
EWCZ
$1.37M 0.01%
200,989
-2,356
-1% -$18.3K
FLEX icon
345
Flex
FLEX
$41B
$1.31M 0.01%
39,117
-771
-2% -$23.7K
RDDT icon
346
Reddit
RDDT
$34.3B
$1.29M 0.01%
19,527
-229
-1% -$14.2K
TMO icon
347
Thermo Fisher Scientific
TMO
$214B
$1.27M 0.01%
+2,059
New +$1.22M
ACN icon
348
Accenture
ACN
$99.9B
$1.21M 0.01%
3,413
– –
RMBS icon
349
Rambus
RMBS
$9.72B
$1.15M 0.01%
27,275
-28,535
-51% -$1.38M
XPO icon
350
XPO
XPO
$23.4B
$1.14M 0.01%
10,573
-4,148
-28% -$464K
12 13
14
15 16

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Fred Alger Management's Q3 2024 Portfolio in Review

As of Q3 2024, Fred Alger Management held 486 positions worth $20.6B, up 0.29% from $20.6B the previous quarter. Its ten largest holdings account for 46% of the portfolio.

Fred Alger Management withdrew a net $1.01B in Q3 2024, closing 52 positions and reducing 193 holdings. Its most notable exit was Citigroup, an estimated $48.7M position sold in full.

By sector, the portfolio is most concentrated in Technology at 38% of assets, down from 41% a quarter earlier, followed by Healthcare and Communication Services.

Against the trend, Fred Alger Management opened a new position in Talen Energy Corp worth $67.3M.

  • Fred Alger Management's largest Q3 2024 buy was Talen Energy Corp: 377,490 shares worth $67.3M.
  • Fred Alger Management added most to GFL Environmental in Q3 2024, an estimated $160M increase.
  • Fred Alger Management's biggest Q3 2024 reduction was Marvell Technology, cutting an estimated $150M.
  • Fred Alger Management fully exited Citigroup in Q3 2024, selling an estimated $48.7M.
  • Fred Alger Management's ten largest holdings make up 46% of its $20.6B portfolio in Q3 2024.
  • Fred Alger Management opened 61 new positions and closed 52 in Q3 2024.
  • Fred Alger Management's portfolio value rose 0.29% quarter-over-quarter to $20.6B.

Based on Fred Alger Management's 13F filing for Q3 2024, filed 14 Nov 2024.