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 | |
|---|---|---|---|---|---|---|
51
Transmedics
TMDX
$2.64B
| $86.2M | 0.5% |
1,574,603
-74,905
| -5% | -$5.39M |
|
52
Wingstop
WING
$3.67B
| $82.6M | 0.47% |
459,314
-111,477
| -20% | -$19.3M |
|
53
DraftKings
DKNG
$12.2B
| $81.8M | 0.47% |
2,779,169
-765,242
| -22% | -$22.6M |
|
54
Veeva Systems
VEEV
$32.7B
| $81M | 0.47% |
398,370
-44,205
| -10% | -$8.91M |
|
55
Mobileye
MBLY
$2.13B
| $80.8M | 0.46% |
1,944,378
-164,188
| -8% | -$6.32M |
|
56
Inspire Medical Systems
INSP
$1.5B
| $80.5M | 0.46% |
405,462
-61,916
| -13% | -$15.6M |
|
|
57
Humana
HUM
$46.7B
| $78.6M | 0.45% |
161,580
+130,995
| +428% | +$61.6M |
|
58
Intuit
INTU
$85.6B
| $78.1M | 0.45% |
152,871
-12,368
| -7% | -$6.26M |
|
59
Albemarle
ALB
$13.3B
| $77.2M | 0.44% |
453,763
-60,565
| -12% | -$12.1M |
|
60
Repligen
RGEN
$8.2B
| $77.1M | 0.44% |
484,722
-85,409
| -15% | -$14M |
|
61
Vertex Pharmaceuticals
VRTX
$124B
| $75.5M | 0.43% |
217,153
+14,476
| +7% | +$5.06M |
|
62
Guidewire Software
GWRE
$13.3B
| $74.4M | 0.43% |
826,406
-288,953
| -26% | -$24.1M |
|
63
DexCom
DXCM
$28.9B
| $73.8M | 0.42% |
791,357
+86,478
| +12% | +$9.75M |
|
64
EOG Resources
EOG
$74.4B
| $73.1M | 0.42% |
576,790
-141,157
| -20% | -$18M |
|
65
Hamilton Lane
HLNE
$3.91B
| $68.3M | 0.39% |
754,845
-18,843
| -2% | -$1.68M |
|
66
Wabtec
WAB
$51.7B
| $67.2M | 0.39% |
632,548
-259,438
| -29% | -$28.9M |
|
67
Cheniere Energy
LNG
$52.8B
| $66.8M | 0.38% |
402,628
+38,776
| +11% | +$6.26M |
|
|
CWAN
68
DELISTED
Clearwater Analytics
CWAN
| $66.6M | 0.38% |
3,445,428
-769,021
| -18% | -$13.6M |
|
69
Advanced Micro Devices
AMD
$741B
| $65.4M | 0.38% |
636,063
-521,977
| -45% | -$56.7M |
|
70
Bio-Techne
TECH
$11.2B
| $65.1M | 0.37% |
956,078
-178,004
| -16% | -$14.1M |
|
71
Cabaletta Bio
CABA
$445M
| $64.8M | 0.37% |
4,259,455
-313,431
| -7% | -$4.28M |
|
72
Acadia Pharmaceuticals
ACAD
$4.45B
| $64.8M | 0.37% |
3,108,883
+867,818
| +39% | +$23.6M |
|
73
Transcat
TRNS
$804M
| $64.2M | 0.37% |
654,980
-115,121
| -15% | -$11M |
|
74
AtriCure
ATRC
$2.01B
| $62.9M | 0.36% |
1,435,814
-29,564
| -2% | -$1.44M |
|
75
Vertiv
VRT
$104B
| $62.8M | 0.36% |
1,687,284
-156,785
| -9% | -$5.17M |
|
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.