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
+10.33%
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
+$404M
(+2%)
Cap. Flow
-$918M
Cap. Flow
% of AUM
-4.46%
Top 10 Holdings %
Top 10 Hldgs %
45.88%
Holding
486
New
43
Increased
157
Reduced
204
Closed
61
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Applovin
APP
|
+$271M |
| 2 |
Constellation Energy
CEG
|
+$108M |
| 3 |
HubSpot
HUBS
|
+$83.9M |
| 4 |
Apple
AAPL
|
+$83.5M |
| 5 |
Equinix
EQIX
|
+$56.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Natera
NTRA
|
+$130M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$107M |
| 3 |
Advanced Micro Devices
AMD
|
+$94.7M |
| 4 |
Mobileye
MBLY
|
+$80.9M |
| 5 |
Acadia Healthcare
ACHC
|
+$80.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 41.24% |
| 2 | Healthcare | 15.44% |
| 3 | Communication Services | 13.11% |
| 4 | Consumer Discretionary | 10.67% |
| 5 | Industrials | 10.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Arcos Dorados Holdings
ARCO
$1.77B
| $474K | ﹤0.01% |
52,704
-168,827
| -76% | -$1.74M |
|
377
GE Vernova
GEV
$251B
| $459K | ﹤0.01% |
+2,676
| New | +$424K |
|
378
Cintas
CTAS
$86B
| $439K | ﹤0.01% |
2,508
-15,252
| -86% | -$2.6M |
|
379
IDEAYA Biosciences
IDYA
$3.48B
| $421K | ﹤0.01% |
11,994
-4,888
| -29% | -$194K |
|
380
Descartes Systems
DSGX
$6.48B
| $404K | ﹤0.01% |
4,170
+63
| +2% | +$5.92K |
|
381
Performance Food Group
PFGC
$18.1B
| $394K | ﹤0.01% |
5,954
| – | – |
|
382
MINISO
MNSO
$3.73B
| $393K | ﹤0.01% |
+20,588
| New | +$454K |
|
383
Aptiv
APTV
$12.6B
| $371K | ﹤0.01% |
5,267
-415
| -7% | -$31.9K |
|
384
Flutter Entertainment
FLUT
$18.9B
| $358K | ﹤0.01% |
1,964
-2,558
| -57% | -$492K |
|
385
Enovix
ENVX
$866M
| $354K | ﹤0.01% |
+26,190
| New | +$219K |
|
386
Regal Rexnord
RRX
$13.5B
| $350K | ﹤0.01% |
2,591
-3,054
| -54% | -$475K |
|
387
Allegion
ALLE
$13.7B
| $347K | ﹤0.01% |
2,937
-340
| -10% | -$41.9K |
|
388
Joby Aviation
JOBY
$7.15B
| $332K | ﹤0.01% |
65,139
-692,671
| -91% | -$3.45M |
|
389
Trimble
TRMB
$13.6B
| $331K | ﹤0.01% |
5,921
| – | – |
|
390
Nextpower Inc
NXT
$14.5B
| $325K | ﹤0.01% |
6,934
-479
| -6% | -$23.8K |
|
391
Freshpet
FRPT
$3.01B
| $308K | ﹤0.01% |
+2,381
| New | +$286K |
|
|
MREO
392
Mereo BioPharma
MREO
$49.4M
| $177K | ﹤0.01% |
49,304
-145,575
| -75% | -$472K |
|
393
Dianthus Therapeutics
DNTH
$5.55B
| $163K | ﹤0.01% |
6,317
-30,050
| -83% | -$722K |
|
394
Zscaler
ZS
$24.5B
| $159K | ﹤0.01% |
829
-27,331
| -97% | -$4.86M |
|
395
Teledyne Technologies
TDY
$30.1B
| $146K | ﹤0.01% |
376
+208
| +124% | +$82.4K |
|
396
Seacoast Banking Corp of Florida
SBCF
$3.27B
| $120K | ﹤0.01% |
5,057
-11,913
| -70% | -$278K |
|
397
Samsara
IOT
$21.9B
| $117K | ﹤0.01% |
3,474
+1,503
| +76% | +$51.8K |
|
398
SentinelOne
S
$6.29B
| $113K | ﹤0.01% |
5,386
| – | – |
|
399
Toast
TOST
$18.8B
| $111K | ﹤0.01% |
4,314
-45,291
| -91% | -$1.09M |
|
400
Praxis Precision Medicines
PRAX
$8.25B
| $107K | ﹤0.01% |
2,595
-44,446
| -94% | -$2.1M |
|
Similar funds
CAM
BA
AM
SAM
CHP
Fred Alger Management's Q2 2024 Portfolio in Review
As of Q2 2024, Fred Alger Management held 486 positions worth $20.6B, up 2% from $20.2B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
Fred Alger Management withdrew a net $918M in Q2 2024, closing 61 positions and reducing 204 holdings. Its most notable exit was Shockwave Medical, Inc. Common Stock, an estimated $67.4M position sold in full.
By sector, the portfolio is most concentrated in Technology at 41% of assets, up from 39% a quarter earlier, followed by Healthcare and Communication Services.
Against the trend, Fred Alger Management opened a new position in Applovin worth $291M.
- Fred Alger Management's largest Q2 2024 buy was Applovin: 3,492,613 shares worth $291M.
- Fred Alger Management added most to Constellation Energy in Q2 2024, an estimated $108M increase.
- Fred Alger Management's biggest Q2 2024 reduction was Natera, cutting an estimated $130M.
- Fred Alger Management fully exited Shockwave Medical, Inc. Common Stock in Q2 2024, selling an estimated $67.4M.
- Fred Alger Management's ten largest holdings make up 46% of its $20.6B portfolio in Q2 2024.
- Fred Alger Management opened 43 new positions and closed 61 in Q2 2024.
- Fred Alger Management's portfolio value rose 2% quarter-over-quarter to $20.6B.
Based on Fred Alger Management's 13F filing for Q2 2024, filed 14 Aug 2024.