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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
+8.73%
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
$19.5B
AUM Growth
+$542M
(+2.9%)
Cap. Flow
-$738M
Cap. Flow
% of AUM
-3.79%
Top 10 Holdings %
Top 10 Hldgs %
40.49%
Holding
567
New
46
Increased
156
Reduced
216
Closed
71
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$148M |
| 2 |
Home Depot
HD
|
+$124M |
| 3 |
Philip Morris
PM
|
+$122M |
| 4 |
Microsoft
MSFT
|
+$119M |
| 5 |
Johnson Controls International
JCI
|
+$114M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$135M |
| 2 |
Verizon
VZ
|
+$107M |
| 3 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
+$92M |
| 4 |
Tesla
TSLA
|
+$85.9M |
| 5 |
Aptiv
APTV
|
+$84.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.16% |
| 2 | Healthcare | 19.18% |
| 3 | Communication Services | 17.29% |
| 4 | Consumer Discretionary | 12.02% |
| 5 | Industrials | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Cigna
CI
$76.6B
| $11K | ﹤0.01% |
84
-27
| -24% | -$3.52K |
|
452
Clorox
CLX
$11.6B
| $11K | ﹤0.01% |
90
+28
| +45% | +$3.67K |
|
453
Yelp
YELP
$1.38B
| $11K | ﹤0.01% |
275
| – | – |
|
|
GGP
454
DELISTED
GGP Inc.
GGP
| $11K | ﹤0.01% |
388
| – | – |
|
455
CBRE Group
CBRE
$40.8B
| $9K | ﹤0.01% |
335
| – | – |
|
456
HDFC Bank
HDB
$119B
| $9K | ﹤0.01% |
480
| – | – |
|
457
Corning
GLW
$126B
| $8K | ﹤0.01% |
341
-776
| -69% | -$17.3K |
|
458
PG&E
PCG
$47.8B
| $8K | ﹤0.01% |
138
+75
| +119% | +$4.76K |
|
459
Allstate
ALL
$66.9B
| $7K | ﹤0.01% |
+103
| New | +$7.09K |
|
460
Broadridge
BR
$17.2B
| $7K | ﹤0.01% |
100
-32,653
| -100% | -$2.23M |
|
461
Delta Air Lines
DAL
$55.9B
| $7K | ﹤0.01% |
181
-2,178,505
| -100% | -$82.4M |
|
462
Intuit
INTU
$81.1B
| $7K | ﹤0.01% |
+63
| New | +$7.05K |
|
463
Oracle
ORCL
$331B
| $7K | ﹤0.01% |
186
| – | – |
|
464
Live Nation Entertainment
LYV
$41.2B
| $6K | ﹤0.01% |
205
| – | – |
|
465
Paychex
PAYX
$40.4B
| $6K | ﹤0.01% |
98
| – | – |
|
466
Donaldson
DCI
$10.8B
| $5K | ﹤0.01% |
145
| – | – |
|
467
Dell
DELL
$283B
| $5K | ﹤0.01% |
+381
| New | +$5.18K |
|
468
Eastman Chemical
EMN
$7.8B
| $5K | ﹤0.01% |
70
| – | – |
|
469
Progressive
PGR
$124B
| $5K | ﹤0.01% |
174
| – | – |
|
470
Phillips 66
PSX
$82.9B
| $5K | ﹤0.01% |
56
| – | – |
|
471
SiriusXM
SIRI
$10B
| $5K | ﹤0.01% |
128
-232
| -64% | -$9.68K |
|
472
Zimmer Biomet
ZBH
$17.7B
| $5K | ﹤0.01% |
+36
| New | +$4.45K |
|
473
American Airlines Group
AAL
$9.58B
| $4K | ﹤0.01% |
111
| – | – |
|
474
Automatic Data Processing
ADP
$100B
| $4K | ﹤0.01% |
42
| – | – |
|
475
American Electric Power
AEP
$73.7B
| $4K | ﹤0.01% |
56
| – | – |
|
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Fred Alger Management's Q3 2016 Portfolio in Review
As of Q3 2016, Fred Alger Management held 567 positions worth $19.5B, up 2.9% from $18.9B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Fred Alger Management withdrew a net $738M in Q3 2016, closing 71 positions and reducing 216 holdings. Its most notable exit was TYCO INTL PLC COM SHS (IRL), an estimated $92M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 18% a quarter earlier, followed by Healthcare and Communication Services.
Against the trend, Fred Alger Management opened a new position in Trip.com Group worth $55.6M.
- Fred Alger Management's largest Q3 2016 buy was Trip.com Group: 1,194,641 shares worth $55.6M.
- Fred Alger Management added most to Apple in Q3 2016, an estimated $148M increase.
- Fred Alger Management's biggest Q3 2016 reduction was Bristol-Myers Squibb, cutting an estimated $135M.
- Fred Alger Management fully exited TYCO INTL PLC COM SHS (IRL) in Q3 2016, selling an estimated $92M.
- Fred Alger Management's ten largest holdings make up 40% of its $19.5B portfolio in Q3 2016.
- Fred Alger Management opened 46 new positions and closed 71 in Q3 2016.
- Fred Alger Management's portfolio value rose 2.9% quarter-over-quarter to $19.5B.
Based on Fred Alger Management's 13F filing for Q3 2016, filed 14 Nov 2016.