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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
+13.37%
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
$18B
AUM Growth
+$1.16B
(+6.9%)
Cap. Flow
-$594M
Cap. Flow
% of AUM
-3.3%
Top 10 Holdings %
Top 10 Hldgs %
17.99%
Holding
623
New
59
Increased
174
Reduced
273
Closed
46
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ralph Lauren
RL
|
+$142M |
| 2 |
Macy's
M
|
+$120M |
| 3 |
DNR
Denbury Resources, Inc.
DNR
|
+$100M |
| 4 |
Meta Platforms (Facebook)
META
|
+$78.9M |
| 5 |
WFT
Weatherford International plc
WFT
|
+$75M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$148M |
| 2 |
HCA Healthcare
HCA
|
+$126M |
| 3 |
IBM
IBM
|
+$115M |
| 4 |
Valero Energy
VLO
|
+$105M |
| 5 |
TWO
Two Harbors Investment
TWO
|
+$91.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 18.44% |
| 2 | Technology | 15.6% |
| 3 | Healthcare | 13.79% |
| 4 | Industrials | 12.47% |
| 5 | Communication Services | 10.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Bank of Montreal
BMO
$127B
| $31K | ﹤0.01% |
458
-14
| -3% | -$878 |
|
477
Chevron
CVX
$374B
| $30K | ﹤0.01% |
249
-15
| -6% | -$1.84K |
|
|
DFS
478
DELISTED
Discover Financial Services
DFS
| $30K | ﹤0.01% |
589
| – | – |
|
479
Applied Materials
AMAT
$378B
| $29K | ﹤0.01% |
1,631
-520
| -24% | -$8.3K |
|
480
Allstate
ALL
$70.1B
| $28K | ﹤0.01% |
562
-138
| -20% | -$6.94K |
|
481
HP
HPQ
$25.9B
| $27K | ﹤0.01% |
2,825
+749
| +36% | +$8.27K |
|
482
State Street
STT
$50.2B
| $26K | ﹤0.01% |
389
-20
| -5% | -$1.37K |
|
483
Marathon Petroleum
MPC
$89.3B
| $25K | ﹤0.01% |
762
+108
| +17% | +$3.8K |
|
|
TWX
484
DELISTED
Time Warner Inc
TWX
| $24K | ﹤0.01% |
375
+92
| +33% | +$5.5K |
|
485
Aflac
AFL
$65.9B
| $23K | ﹤0.01% |
734
+180
| +32% | +$5.42K |
|
486
NetApp
NTAP
$34.2B
| $23K | ﹤0.01% |
550
-62
| -10% | -$2.58K |
|
|
SPR
487
DELISTED
Spirit AeroSystems
SPR
| $22K | ﹤0.01% |
920
| – | – |
|
488
Kroger
KR
$36.3B
| $21K | ﹤0.01% |
1,026
+416
| +68% | +$8K |
|
489
Travelers Companies
TRV
$82.9B
| $21K | ﹤0.01% |
250
+29
| +13% | +$2.4K |
|
|
HSP
490
DELISTED
HOSPIRA INC
HSP
| $20K | ﹤0.01% |
505
| – | – |
|
|
FDO
491
DELISTED
FAMILY DOLLAR STORES
FDO
| $20K | ﹤0.01% |
280
| – | – |
|
|
ATVI
492
DELISTED
Activision Blizzard
ATVI
| $20K | ﹤0.01% |
1,173
| – | – |
|
493
Dollar Tree
DLTR
$24.4B
| $19K | ﹤0.01% |
335
-41
| -11% | -$2.21K |
|
494
Omnicom Group
OMC
$24.6B
| $19K | ﹤0.01% |
298
-27
| -8% | -$1.72K |
|
495
Ecolab
ECL
$79.6B
| $18K | ﹤0.01% |
181
+83
| +85% | +$7.72K |
|
496
Jacobs Solutions
J
$16.6B
| $18K | ﹤0.01% |
369
| – | – |
|
497
SLB Ltd
SLB
$74.2B
| $18K | ﹤0.01% |
200
-28
| -12% | -$2.3K |
|
498
Yelp
YELP
$1.51B
| $18K | ﹤0.01% |
275
| – | – |
|
499
Cognizant
CTSH
$23.8B
| $17K | ﹤0.01% |
420
| – | – |
|
500
Corning
GLW
$108B
| $17K | ﹤0.01% |
1,137
-538,645
| -100% | -$7.97M |
|
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Fred Alger Management's Q3 2013 Portfolio in Review
As of Q3 2013, Fred Alger Management held 623 positions worth $18B, up 6.9% from $16.8B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Fred Alger Management withdrew a net $594M in Q3 2013, closing 46 positions and reducing 273 holdings. Its most notable exit was Texas Capital Bancshares, an estimated $33.4M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 18% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Fred Alger Management opened a new position in Yum! Brands worth $68.5M.
- Fred Alger Management's largest Q3 2013 buy was Yum! Brands: 1,335,599 shares worth $68.5M.
- Fred Alger Management added most to Ralph Lauren in Q3 2013, an estimated $142M increase.
- Fred Alger Management's biggest Q3 2013 reduction was Apple, cutting an estimated $148M.
- Fred Alger Management fully exited Texas Capital Bancshares in Q3 2013, selling an estimated $33.4M.
- Fred Alger Management's ten largest holdings make up 18% of its $18B portfolio in Q3 2013.
- Fred Alger Management opened 59 new positions and closed 46 in Q3 2013.
- Fred Alger Management's portfolio value rose 6.9% quarter-over-quarter to $18B.
Based on Fred Alger Management's 13F filing for Q3 2013, filed 14 Nov 2013.