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
-2.04%
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
$17.4B
AUM Growth
-$2.18B
(-11%)
Cap. Flow
-$1.39B
Cap. Flow
% of AUM
-7.99%
Top 10 Holdings %
Top 10 Hldgs %
37.61%
Holding
560
New
49
Increased
117
Reduced
231
Closed
99
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$275M |
| 2 |
Pinterest
PINS
|
+$127M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$119M |
| 4 |
Humana
HUM
|
+$61.6M |
| 5 |
Adobe
ADBE
|
+$58.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Las Vegas Sands
LVS
|
+$135M |
| 2 |
JPMorgan Chase
JPM
|
+$122M |
| 3 |
Mercado Libre
MELI
|
+$115M |
| 4 |
TransDigm Group
TDG
|
+$101M |
| 5 |
GE HealthCare
GEHC
|
+$82.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 36.55% |
| 2 | Healthcare | 18.99% |
| 3 | Consumer Discretionary | 11.24% |
| 4 | Communication Services | 10.39% |
| 5 | Industrials | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Chefs' Warehouse
CHEF
$4.71B
| – | – |
-177,521
| Closed | -$6.35M |
|
477
Cigna
CI
$73.7B
| – | – |
-18,522
| Closed | -$5.2M |
|
478
Celldex Therapeutics
CLDX
$2.99B
| – | – |
-165,317
| Closed | -$5.61M |
|
479
Costco
COST
$422B
| – | – |
-151
| Closed | -$81.3K |
|
480
Charles River Laboratories
CRL
$11.2B
| – | – |
-15,872
| Closed | -$3.34M |
|
|
CTRA
481
DELISTED
Coterra Energy
CTRA
| – | – |
-158,096
| Closed | -$4M |
|
482
PUT
Carvana
CVNA
$68.6B
| – | – |
-330,000
| Closed | -$330K |
|
483
Darden Restaurants
DRI
$23.3B
| – | – |
-273
| Closed | -$45.6K |
|
484
DoubleVerify
DV
$1.73B
| – | – |
-38
| Closed | -$1.48K |
|
485
Equifax
EFX
$20.3B
| – | – |
-104
| Closed | -$24.5K |
|
486
Everest Group
EG
$14.5B
| – | – |
-124
| Closed | -$42.4K |
|
487
Evolent Health
EVH
$348M
| – | – |
-127
| Closed | -$3.85K |
|
488
Edwards Lifesciences
EW
$49.6B
| – | – |
-26,802
| Closed | -$2.53M |
|
489
Exponent
EXPO
$3.24B
| – | – |
-162,493
| Closed | -$15.2M |
|
490
National Vision
EYE
$1.77B
| – | – |
-1,712
| Closed | -$41.6K |
|
491
FMC
FMC
$1.34B
| – | – |
-673
| Closed | -$70.2K |
|
492
Shift4
FOUR
$4.2B
| – | – |
-307
| Closed | -$20.8K |
|
493
Fortinet
FTNT
$119B
| – | – |
-317
| Closed | -$24K |
|
494
GlobalFoundries
GFS
$27.4B
| – | – |
-352
| Closed | -$22.7K |
|
495
Corning
GLW
$119B
| – | – |
-2,119
| Closed | -$74.3K |
|
496
Genuine Parts
GPC
$17.1B
| – | – |
-114
| Closed | -$19.3K |
|
497
HCA Healthcare
HCA
$87.2B
| – | – |
-96
| Closed | -$29.1K |
|
498
Hershey
HSY
$35.2B
| – | – |
-83
| Closed | -$20.7K |
|
499
Illumina
ILMN
$31B
| – | – |
-30,980
| Closed | -$5.65M |
|
500
Iron Mountain
IRM
$36.4B
| – | – |
-376
| Closed | -$21.4K |
|
Similar funds
CAM
BA
AM
SAM
CHP
Fred Alger Management's Q3 2023 Portfolio in Review
As of Q3 2023, Fred Alger Management held 560 positions worth $17.4B, down 11% from $19.6B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Fred Alger Management withdrew a net $1.39B in Q3 2023, closing 99 positions and reducing 231 holdings. Its most notable exit was Reata Pharmaceuticals, Inc. Class A Common Stock, an estimated $41.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 37% of assets, up from 36% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Extreme Networks worth $33.9M.
- Fred Alger Management's largest Q3 2023 buy was Extreme Networks: 1,401,093 shares worth $33.9M.
- Fred Alger Management added most to Meta Platforms (Facebook) in Q3 2023, an estimated $275M increase.
- Fred Alger Management's biggest Q3 2023 reduction was Las Vegas Sands, cutting an estimated $135M.
- Fred Alger Management fully exited Reata Pharmaceuticals, Inc. Class A Common Stock in Q3 2023, selling an estimated $41.5M.
- Fred Alger Management's ten largest holdings make up 38% of its $17.4B portfolio in Q3 2023.
- Fred Alger Management opened 49 new positions and closed 99 in Q3 2023.
- Fred Alger Management's portfolio value fell 11% quarter-over-quarter to $17.4B.
Based on Fred Alger Management's 13F filing for Q3 2023, filed 14 Nov 2023.