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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 | |
|---|---|---|---|---|---|---|
51
Cimpress
CMPR
$2.37B
| $103M | 0.57% |
1,813,791
+17,939
| +1% | +$955K |
|
52
Bristol-Myers Squibb
BMY
$127B
| $102M | 0.57% |
2,203,078
-442,635
| -17% | -$19.4M |
|
53
General Motors
GM
$74.7B
| $99.2M | 0.55% |
2,757,429
+689,533
| +33% | +$24.7M |
|
54
Philip Morris
PM
$301B
| $98.7M | 0.55% |
1,140,419
-357,717
| -24% | -$31.3M |
|
55
Trane Technologies
TT
$106B
| $97.8M | 0.54% |
1,886,191
+96,874
| +5% | +$4.75M |
|
56
Robert Half
RHI
$3.61B
| $97.3M | 0.54% |
2,493,982
-568,467
| -19% | -$20.9M |
|
57
Procter & Gamble
PG
$343B
| $97M | 0.54% |
1,283,518
-304,348
| -19% | -$24.2M |
|
58
ASML
ASML
$675B
| $93.6M | 0.52% |
947,702
+119,039
| +14% | +$10.7M |
|
59
Qualcomm
QCOM
$176B
| $91.3M | 0.51% |
1,356,947
-28,010
| -2% | -$1.84M |
|
60
Verizon
VZ
$194B
| $91M | 0.51% |
1,949,870
-17,790
| -0.9% | -$868K |
|
61
BorgWarner
BWA
$13.2B
| $89.5M | 0.5% |
2,006,480
+1,525,734
| +317% | +$64.1M |
|
|
JAH
62
DELISTED
JARDEN CORPORATION
JAH
| $88.7M | 0.49% |
2,747,409
+2,186,127
| +389% | +$67.5M |
|
63
Starbucks
SBUX
$118B
| $86.1M | 0.48% |
2,236,784
-111,104
| -5% | -$3.99M |
|
64
Capri Holdings
CPRI
$1.77B
| $85.4M | 0.48% |
1,146,419
-291,921
| -20% | -$20.3M |
|
65
Micron Technology
MU
$1.04T
| $84.5M | 0.47% |
4,839,075
+4,744,665
| +5,026% | +$68.8M |
|
66
Copa Holdings
CPA
$5.56B
| $83.3M | 0.46% |
601,017
+2,536
| +0.4% | +$348K |
|
67
Booking.com
BKNG
$138B
| $82.1M | 0.46% |
2,029,800
+1,690,250
| +498% | +$63.2M |
|
|
PCYC
68
DELISTED
PHARMACYCLICS INC
PCYC
| $80.9M | 0.45% |
585,208
+432,305
| +283% | +$48M |
|
69
Biogen
BIIB
$29.9B
| $78.5M | 0.44% |
325,895
+64,841
| +25% | +$14.5M |
|
|
WFT
70
DELISTED
Weatherford International plc
WFT
| $78.4M | 0.44% |
5,114,788
+5,114,649
| +3,679,604% | +$75M |
|
|
DISH
71
DELISTED
DISH Network Corp.
DISH
| $73.7M | 0.41% |
1,638,445
+196,620
| +14% | +$8.85M |
|
72
Danaher
DHR
$135B
| $72.6M | 0.4% |
1,557,641
+1,295,897
| +495% | +$58.8M |
|
73
Insulet
PODD
$11.3B
| $72.1M | 0.4% |
1,988,645
-60,397
| -3% | -$2.03M |
|
|
MSCC
74
DELISTED
Microsemi Corp
MSCC
| $71.9M | 0.4% |
2,965,941
-1,445,325
| -33% | -$36.3M |
|
75
Eli Lilly
LLY
$1.07T
| $71.6M | 0.4% |
1,422,800
-284,085
| -17% | -$14.9M |
|
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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.