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
+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 | |
|---|---|---|---|---|---|---|
26
Home Depot
HD
$324B
| $157M | 0.83% |
1,229,167
+327,563
| +36% | +$43.3M |
|
|
HDS
27
DELISTED
HD Supply Holdings, Inc.
HDS
| $156M | 0.83% |
4,493,490
-1,206,280
| -21% | -$41.1M |
|
28
Gilead Sciences
GILD
$162B
| $153M | 0.81% |
1,835,930
-181,864
| -9% | -$16.1M |
|
29
Starbucks
SBUX
$119B
| $144M | 0.76% |
2,517,418
+262,233
| +12% | +$14.9M |
|
30
Biogen
BIIB
$29.7B
| $142M | 0.75% |
588,381
-119,522
| -17% | -$31.5M |
|
31
NXP Semiconductors
NXPI
$69.7B
| $142M | 0.75% |
1,815,319
+165,671
| +10% | +$14.2M |
|
32
Vertex Pharmaceuticals
VRTX
$120B
| $138M | 0.73% |
1,603,104
-365,385
| -19% | -$31.6M |
|
33
Altria Group
MO
$121B
| $138M | 0.73% |
1,997,988
-4,703
| -0.2% | -$301K |
|
|
34
Medtronic
MDT
$106B
| $125M | 0.66% |
1,436,696
+1,330,079
| +1,248% | +$108M |
|
35
Blackstone
BX
$100B
| $124M | 0.65% |
5,054,712
+119,675
| +2% | +$3.18M |
|
36
DexCom
DXCM
$27.3B
| $120M | 0.63% |
6,038,388
+1,383,660
| +30% | +$23.6M |
|
37
Philip Morris
PM
$300B
| $120M | 0.63% |
1,176,417
+264,121
| +29% | +$26.3M |
|
38
CVS Health
CVS
$137B
| $118M | 0.62% |
1,234,969
-616,047
| -33% | -$61.4M |
|
39
Verizon
VZ
$187B
| $117M | 0.62% |
2,104,153
-680,849
| -24% | -$35.3M |
|
|
40
Alibaba
BABA
$270B
| $116M | 0.61% |
1,459,364
+1,402,936
| +2,486% | +$110M |
|
41
Norwegian Cruise Line
NCLH
$8.8B
| $114M | 0.6% |
2,873,667
+58,483
| +2% | +$2.79M |
|
42
Blackstone Mortgage Trust
BXMT
$2.81B
| $113M | 0.6% |
4,089,360
-323,155
| -7% | -$8.92M |
|
|
ATVI
43
DELISTED
Activision Blizzard
ATVI
| $113M | 0.6% |
2,849,890
+2,487,325
| +686% | +$91.4M |
|
44
BioMarin Pharmaceuticals
BMRN
$11.4B
| $112M | 0.59% |
1,435,787
+196,503
| +16% | +$16.7M |
|
45
ServiceNow
NOW
$99.8B
| $111M | 0.59% |
8,374,740
+3,770,595
| +82% | +$52.4M |
|
|
LVLT
46
DELISTED
Level 3 Communications Inc
LVLT
| $107M | 0.57% |
2,086,978
+425,358
| +26% | +$22.3M |
|
47
AT&T
T
$161B
| $106M | 0.56% |
3,255,394
-2,013,639
| -38% | -$59.9M |
|
|
TMX
48
DELISTED
Terminix Global Holdings, Inc.
TMX
| $106M | 0.56% |
3,978,911
+430,166
| +12% | +$10.9M |
|
49
Verisk Analytics
VRSK
$25.6B
| $104M | 0.55% |
1,285,408
-29,621
| -2% | -$2.32M |
|
|
AET
50
DELISTED
Aetna Inc
AET
| $104M | 0.55% |
853,362
+284,776
| +50% | +$32.7M |
|
Similar funds
CAM
BA
AM
SAM
CHP
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.