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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
(+0.29%)
Cap. Flow
-$1.01B
Cap. Flow
% of AUM
-4.91%
Top 10 Holdings %
Top 10 Hldgs %
46.31%
Holding
486
New
61
Increased
155
Reduced
193
Closed
52
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
GFL Environmental
GFL
|
+$160M |
| 2 |
Broadcom
AVGO
|
+$128M |
| 3 |
Astera Labs
ALAB
|
+$123M |
| 4 |
Tesla
TSLA
|
+$108M |
| 5 |
Vertiv
VRT
|
+$54.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Marvell Technology
MRVL
|
+$150M |
| 2 |
Natera
NTRA
|
+$144M |
| 3 |
McKesson
MCK
|
+$134M |
| 4 |
Mercado Libre
MELI
|
+$97.2M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
401
ON Semiconductor
ON
$32.6B
| $170K | ﹤0.01% |
2,336
-25,808
| -92% | -$1.88M |
|
402
SentinelOne
S
$6.31B
| $129K | ﹤0.01% |
5,386
| – | – |
|
|
AWEG
403
DELISTED
Alger Weatherbie Enduring Growth ETF
AWEG
| $110K | ﹤0.01% |
4,406
| – | – |
|
404
Summit Therapeutics
SMMT
$10.7B
| $105K | ﹤0.01% |
+4,775
| New | +$66.8K |
|
405
ADMA Biologics
ADMA
$2.01B
| $104K | ﹤0.01% |
5,211
-1,334
| -20% | -$20.7K |
|
406
Alger AI Enablers & Adopters ETF
ALAI
$459M
| $98.5K | ﹤0.01% |
+4,237
| New | +$92.2K |
|
407
Dynatrace
DT
$12.8B
| $94.2K | ﹤0.01% |
1,761
+880
| +100% | +$41.9K |
|
|
NVRO
408
DELISTED
NEVRO CORP.
NVRO
| $92.7K | ﹤0.01% |
16,591
-1,911,553
| -99% | -$13.4M |
|
409
IDEX
IEX
$17.3B
| $89K | ﹤0.01% |
+415
| New | +$83.6K |
|
410
Teledyne Technologies
TDY
$30.1B
| $84.9K | ﹤0.01% |
194
-182
| -48% | -$75.5K |
|
411
D.R. Horton
DHI
$40.7B
| $83.2K | ﹤0.01% |
436
+37
| +9% | +$6.5K |
|
412
Transmedics
TMDX
$2.63B
| $81.3K | ﹤0.01% |
518
| – | – |
|
413
iShares Russell 2000 Growth ETF
IWO
$14.4B
| $80.7K | ﹤0.01% |
284
+197
| +226% | +$54K |
|
414
Tradeweb Markets
TW
$20.8B
| $80K | ﹤0.01% |
647
-214
| -25% | -$24.2K |
|
415
PagerDuty
PD
$800M
| $76K | ﹤0.01% |
4,097
+1,594
| +64% | +$31.1K |
|
416
EPAM Systems
EPAM
$5.42B
| $69.1K | ﹤0.01% |
347
| – | – |
|
417
JFrog
FROG
$9.5B
| $66.5K | ﹤0.01% |
2,289
+112
| +5% | +$3.52K |
|
418
Live Nation Entertainment
LYV
$42.7B
| $58.5K | ﹤0.01% |
534
-104,160
| -99% | -$10.1M |
|
419
Workday
WDAY
$39B
| $55.7K | ﹤0.01% |
+228
| New | +$53.8K |
|
420
indie Semiconductor
INDI
$668M
| $49K | ﹤0.01% |
12,286
-1,665,565
| -99% | -$8.09M |
|
421
Autoliv
ALV
$9.09B
| $44.6K | ﹤0.01% |
+478
| New | +$47.6K |
|
422
PUT
Invesco QQQ Trust
QQQ
$450B
| $42.3K | ﹤0.01% |
166
-18,334
| -99% | -$8.68M |
|
|
INFA
423
DELISTED
Informatica
INFA
| $35.4K | ﹤0.01% |
1,402
-792,682
| -100% | -$20.1M |
|
424
Fluence Energy
FLNC
$1.79B
| $32.1K | ﹤0.01% |
1,415
-97,318
| -99% | -$1.76M |
|
425
Zoom
ZM
$27.1B
| $19.7K | ﹤0.01% |
283
| – | – |
|
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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.