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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
+1.6%
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
$18.9B
AUM Growth
-$804M
(-4.1%)
Cap. Flow
-$821M
Cap. Flow
% of AUM
-4.34%
Top 10 Holdings %
Top 10 Hldgs %
35.79%
Holding
598
New
47
Increased
155
Reduced
267
Closed
77
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$149M |
| 2 |
AGN
Allergan plc
AGN
|
+$142M |
| 3 |
Alibaba
BABA
|
+$110M |
| 4 |
Newell Brands
NWL
|
+$108M |
| 5 |
Medtronic
MDT
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JAH
JARDEN CORPORATION
JAH
|
+$258M |
| 2 |
McDonald's
MCD
|
+$149M |
| 3 |
Meta Platforms (Facebook)
META
|
+$134M |
| 4 |
Apple
AAPL
|
+$134M |
| 5 |
Kroger
KR
|
+$121M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.07% |
| 2 | Technology | 17.82% |
| 3 | Communication Services | 17.13% |
| 4 | Consumer Discretionary | 12.59% |
| 5 | Industrials | 10.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Consolidated Edison
ED
$41.6B
| $21K | ﹤0.01% |
264
+152
| +136% | +$11.4K |
|
452
Xcel Energy
XEL
$51B
| $21K | ﹤0.01% |
479
+277
| +137% | +$11.5K |
|
453
United Airlines
UAL
$38.4B
| $20K | ﹤0.01% |
492
-178,406
| -100% | -$8.44M |
|
454
Cognizant
CTSH
$21.5B
| $19K | ﹤0.01% |
333
+187
| +128% | +$11.3K |
|
455
iShares Russell Mid-Cap Growth ETF
IWP
$20B
| $18K | ﹤0.01% |
+382
| New | +$17.7K |
|
456
NVIDIA
NVDA
$5.01T
| $17K | ﹤0.01% |
14,680
+8,320
| +131% | +$8.58K |
|
457
Scotiabank
BNS
$106B
| $16K | ﹤0.01% |
327
-163
| -33% | -$8.01K |
|
458
Eversource Energy
ES
$28.2B
| $16K | ﹤0.01% |
264
+196
| +288% | +$11.1K |
|
459
iShares Russell 2000 Growth ETF
IWO
$14.5B
| $16K | ﹤0.01% |
+113
| New | +$15.3K |
|
460
NextEra Energy
NEE
$187B
| $16K | ﹤0.01% |
504
+368
| +271% | +$11K |
|
|
NLSN
461
DELISTED
Nielsen Holdings plc
NLSN
| $16K | ﹤0.01% |
299
+139
| +87% | +$7.33K |
|
462
Allison Transmission
ALSN
$10.1B
| $15K | ﹤0.01% |
535
| – | – |
|
463
Brown-Forman Class B
BF.B
$12B
| $15K | ﹤0.01% |
456
| – | – |
|
464
HP
HPQ
$23.5B
| $15K | ﹤0.01% |
1,228
+868
| +241% | +$10.8K |
|
465
TripAdvisor
TRIP
$1.59B
| $15K | ﹤0.01% |
230
| – | – |
|
466
Cigna
CI
$76.6B
| $14K | ﹤0.01% |
111
-104
| -48% | -$13.7K |
|
467
SiriusXM
SIRI
$10B
| $14K | ﹤0.01% |
360
| – | – |
|
|
WRK
468
DELISTED
WestRock Company
WRK
| $14K | ﹤0.01% |
+353
| New | +$13.2K |
|
|
STI
469
DELISTED
SunTrust Banks, Inc.
STI
| $14K | ﹤0.01% |
341
+106
| +45% | +$4.33K |
|
470
Keurig Dr Pepper
KDP
$40.4B
| $13K | ﹤0.01% |
139
| – | – |
|
471
Southern Company
SO
$110B
| $13K | ﹤0.01% |
235
+145
| +161% | +$7.29K |
|
472
AbbVie
ABBV
$458B
| $12K | ﹤0.01% |
200
| – | – |
|
473
Abbott
ABT
$180B
| $12K | ﹤0.01% |
305
-271
| -47% | -$10.8K |
|
474
Campbell Soup
CPB
$6.51B
| $12K | ﹤0.01% |
186
+130
| +232% | +$8.15K |
|
475
Edison International
EIX
$30.7B
| $12K | ﹤0.01% |
+159
| New | +$11.4K |
|
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Fred Alger Management's Q2 2016 Portfolio in Review
As of Q2 2016, Fred Alger Management held 598 positions worth $18.9B, down 4.1% from $19.7B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Fred Alger Management withdrew a net $821M in Q2 2016, closing 77 positions and reducing 267 holdings. Its most notable exit was JARDEN CORPORATION, an estimated $258M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 19% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Fred Alger Management opened a new position in TJX Companies worth $43.2M.
- Fred Alger Management's largest Q2 2016 buy was TJX Companies: 1,117,850 shares worth $43.2M.
- Fred Alger Management added most to Amazon in Q2 2016, an estimated $149M increase.
- Fred Alger Management's biggest Q2 2016 reduction was McDonald's, cutting an estimated $149M.
- Fred Alger Management fully exited JARDEN CORPORATION in Q2 2016, selling an estimated $258M.
- Fred Alger Management's ten largest holdings make up 36% of its $18.9B portfolio in Q2 2016.
- Fred Alger Management opened 47 new positions and closed 77 in Q2 2016.
- Fred Alger Management's portfolio value fell 4.1% quarter-over-quarter to $18.9B.
Based on Fred Alger Management's 13F filing for Q2 2016, filed 15 Aug 2016.