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 | |
|---|---|---|---|---|---|---|
|
AWEG
401
DELISTED
Alger Weatherbie Enduring Growth ETF
AWEG
| $104K | ﹤0.01% |
4,406
| – | – |
|
|
CNTA
402
DELISTED
Centessa Pharmaceuticals
CNTA
| $99.3K | ﹤0.01% |
+10,993
| New | +$104K |
|
403
Tradeweb Markets
TW
$22.2B
| $91.3K | ﹤0.01% |
861
-298
| -26% | -$31.5K |
|
404
Weatherford International
WFRD
$5.99B
| $82K | ﹤0.01% |
+670
| New | +$80K |
|
405
JFrog
FROG
$9.26B
| $81.7K | ﹤0.01% |
2,177
+336
| +18% | +$12.3K |
|
406
Transmedics
TMDX
$2.64B
| $78K | ﹤0.01% |
518
-119
| -19% | -$14.3K |
|
407
ADMA Biologics
ADMA
$2.04B
| $73.2K | ﹤0.01% |
6,545
-3,889
| -37% | -$32.6K |
|
408
EPAM Systems
EPAM
$5.25B
| $65.3K | ﹤0.01% |
347
-40,759
| -99% | -$8.69M |
|
409
Applied Materials
AMAT
$378B
| $62.1K | ﹤0.01% |
263
-6,347
| -96% | -$1.36M |
|
410
CervoMed
CRVO
$23.7M
| $59.9K | ﹤0.01% |
+3,500
| New | +$76.5K |
|
411
PagerDuty
PD
$795M
| $57.4K | ﹤0.01% |
2,503
+1,578
| +171% | +$32.9K |
|
412
D.R. Horton
DHI
$42.3B
| $56.2K | ﹤0.01% |
399
-21,742
| -98% | -$3.19M |
|
413
Global Payments
GPN
$23.9B
| $54.8K | ﹤0.01% |
567
-125,365
| -100% | -$13.8M |
|
414
Watsco Inc
WSO
$15.1B
| $53.7K | ﹤0.01% |
116
-5,315
| -98% | -$2.43M |
|
|
ANSS
415
DELISTED
Ansys
ANSS
| $46.3K | ﹤0.01% |
144
| – | – |
|
416
Dynatrace
DT
$12.7B
| $39.4K | ﹤0.01% |
881
-45,934
| -98% | -$2.12M |
|
|
AUTL
417
Autolus Therapeutics
AUTL
$386M
| $35.7K | ﹤0.01% |
10,262
-1,186,614
| -99% | -$5.12M |
|
418
Elastic
ESTC
$6.46B
| $31.8K | ﹤0.01% |
279
+3
| +1% | +$315 |
|
419
GE HealthCare
GEHC
$29.2B
| $26K | ﹤0.01% |
+334
| New | +$27.2K |
|
420
iShares Russell 2000 Growth ETF
IWO
$14.4B
| $22.8K | ﹤0.01% |
+87
| New | +$22.6K |
|
421
Snowflake
SNOW
$93.7B
| $21.3K | ﹤0.01% |
158
-346,162
| -100% | -$51.1M |
|
|
CFLT
422
DELISTED
Confluent
CFLT
| $19.2K | ﹤0.01% |
650
| – | – |
|
423
Arm
ARM
$261B
| $17K | ﹤0.01% |
+104
| New | +$12.9K |
|
424
Zoom
ZM
$26.8B
| $16.8K | ﹤0.01% |
283
| – | – |
|
425
Strategy Inc
MSTR
$35.1B
| $1.38K | ﹤0.01% |
10
-253,800
| -100% | -$36.6M |
|
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.