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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
-8.41%
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
$22.8B
AUM Growth
-$4.41B
Cap. Flow
-$1.27B
Cap. Flow %
-5.6%
Top 10 Hldgs %
36.84%
Holding
614
New
135
Increased
158
Reduced
239
Closed
65

Top Buys

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$190M
2
LOW icon
Lowe's Companies
LOW
+$187M
3
NFLX icon
Netflix
NFLX
+$179M
4
SBUX icon
Starbucks
SBUX
+$114M
5
NVS icon
Novartis
NVS
+$92.4M

Top Sells

Rank Stock Value
1
ABT icon
Abbott
ABT
+$260M
2
MSFT icon
Microsoft
MSFT
+$208M
3
CRM icon
Salesforce
CRM
+$171M
4
DLTR icon
Dollar Tree
DLTR
+$171M
5
ADBE icon
Adobe
ADBE
+$151M

Sector Composition

Rank Sector Weight
1 Technology 33.16%
2 Healthcare 22.78%
3 Consumer Discretionary 14.09%
4 Communication Services 9.78%
5 Financials 9.46%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ASAP
601
DELISTED
Waitr Holdings Inc. Common Stock
ASAP
$0 ﹤0.01%
12
-12
-50% -$136
ZEN
602
DELISTED
ZENDESK INC
ZEN
– –
-164
Closed -$13K
TWTR
603
DELISTED
Twitter, Inc.
TWTR
– –
-457
Closed -$15K
TBIO
604
DELISTED
Translate Bio, Inc. Common Stock
TBIO
– –
-24,000
Closed -$195K
STAY
605
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
– –
-55,097
Closed -$819K
PRVL
606
DELISTED
Prevail Therapeutics Inc. Common Stock
PRVL
– –
-3,000
Closed -$47K
STML
607
DELISTED
Stemline Therapeutics, Inc.
STML
– –
-35,000
Closed -$372K
FTSV
608
DELISTED
Forty Seven, Inc. Common Stock
FTSV
– –
-15,000
Closed -$591K
INST
609
DELISTED
Instructure, Inc.
INST
– –
-12,564
Closed -$606K
INXN
610
DELISTED
Interxion Holding N.V.
INXN
– –
-178,394
Closed -$15M
DERM
611
DELISTED
Dermira, Inc.
DERM
– –
-3,054,440
Closed -$46.3M
AABA
612
DELISTED
Altaba Inc
AABA
– –
-1,208,938
Closed -$25.4M
IBTX
613
DELISTED
Independent Bank Group, Inc.
IBTX
– –
-32,515
Closed -$1.8M
BHVN
614
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
– –
-14,000
Closed -$762K
21 22 23 24
25

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Fred Alger Management's Q1 2020 Portfolio in Review

As of Q1 2020, Fred Alger Management held 614 positions worth $22.8B, down 16% from $27.2B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Fred Alger Management withdrew a net $1.27B in Q1 2020, closing 65 positions and reducing 239 holdings. Its most notable exit was Dermira, Inc., an estimated $46.3M position sold in full.

By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 33% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Fred Alger Management opened a new position in AtriCure worth $42.4M.

  • Fred Alger Management's largest Q1 2020 buy was AtriCure: 1,263,408 shares worth $42.4M.
  • Fred Alger Management added most to NVIDIA in Q1 2020, an estimated $190M increase.
  • Fred Alger Management's biggest Q1 2020 reduction was Abbott, cutting an estimated $260M.
  • Fred Alger Management fully exited Dermira, Inc. in Q1 2020, selling an estimated $46.3M.
  • Fred Alger Management's ten largest holdings make up 37% of its $22.8B portfolio in Q1 2020.
  • Fred Alger Management opened 135 new positions and closed 65 in Q1 2020.
  • Fred Alger Management's portfolio value fell 16% quarter-over-quarter to $22.8B.

Based on Fred Alger Management's 13F filing for Q1 2020, filed 15 May 2020.