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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
-4.46%
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
$18.3B
AUM Growth
-$3.9B
(-18%)
Cap. Flow
-$2.31B
Cap. Flow
% of AUM
-12.59%
Top 10 Holdings %
Top 10 Hldgs %
30.49%
Holding
560
New
66
Increased
141
Reduced
222
Closed
94
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$317M |
| 2 |
Yum! Brands
YUM
|
+$222M |
| 3 |
CELG
Celgene Corp
CELG
|
+$213M |
| 4 |
Vertex Pharmaceuticals
VRTX
|
+$211M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$194M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$264M |
| 2 |
Blackstone
BX
|
+$256M |
| 3 |
Cigna
CI
|
+$232M |
| 4 |
Hartford Financial Services
HIG
|
+$206M |
| 5 |
CVS Health
CVS
|
+$198M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.98% |
| 2 | Technology | 17.05% |
| 3 | Consumer Discretionary | 15.78% |
| 4 | Communication Services | 12.84% |
| 5 | Financials | 8.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Trip.com Group
TCOM
$27.5B
| $59M | 0.32% |
1,868,956
-1,153,848
| -38% | -$40.1M |
|
77
Lennox International
LII
$18.8B
| $58.6M | 0.32% |
517,196
-27,006
| -5% | -$3.17M |
|
78
Citigroup
C
$222B
| $58.3M | 0.32% |
1,174,409
-2,521,819
| -68% | -$138M |
|
|
MSCC
79
DELISTED
Microsemi Corp
MSCC
| $54.2M | 0.3% |
1,651,935
-151,943
| -8% | -$4.94M |
|
|
AET
80
DELISTED
Aetna Inc
AET
| $53M | 0.29% |
483,968
-441,164
| -48% | -$51M |
|
81
Cisco
CSCO
$450B
| $51.4M | 0.28% |
1,957,657
+1,844,663
| +1,633% | +$49.8M |
|
82
Tesla
TSLA
$1.24T
| $51.3M | 0.28% |
3,099,240
+457,590
| +17% | +$7.77M |
|
|
HAPN
83
Happen Inc
HAPN
$2.08B
| $51.2M | 0.28% |
774,344
+255,229
| +49% | +$17.3M |
|
84
PVH
PVH
$3.71B
| $50.2M | 0.27% |
492,725
+62,682
| +15% | +$7.12M |
|
|
GRUB
85
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $49.2M | 0.27% |
1,009,734
-464,782
| -32% | -$27.1M |
|
|
FISV
86
Fiserv Inc
FISV
$27.2B
| $49M | 0.27% |
1,131,714
-127,878
| -10% | -$5.53M |
|
87
Nike
NKE
$61.9B
| $48.5M | 0.26% |
788,444
-1,065,998
| -57% | -$60.3M |
|
88
Sempra
SRE
$60.8B
| $46.7M | 0.25% |
965,414
-89,400
| -8% | -$4.4M |
|
89
DexCom
DXCM
$27.6B
| $46.4M | 0.25% |
2,162,464
-803,308
| -27% | -$17.9M |
|
|
90
Hartford Financial Services
HIG
$38.5B
| $45.9M | 0.25% |
1,003,390
-4,453,544
| -82% | -$206M |
|
|
ARRS
91
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $43M | 0.23% |
1,654,093
+971,159
| +142% | +$27.5M |
|
|
MHFI
92
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $42.4M | 0.23% |
490,567
-541,271
| -52% | -$53.2M |
|
|
TYC
93
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $41.9M | 0.23% |
1,197,264
-1,702,148
| -59% | -$65.5M |
|
94
Dollar Tree
DLTR
$23.1B
| $40.6M | 0.22% |
609,794
-1,360,047
| -69% | -$102M |
|
95
Crown Castle
CCI
$32.7B
| $40.3M | 0.22% |
510,618
+52,731
| +12% | +$4.29M |
|
96
Morgan Stanley
MS
$337B
| $38.9M | 0.21% |
1,235,956
-908,721
| -42% | -$33.1M |
|
97
Humana
HUM
$46.7B
| $37.9M | 0.21% |
211,526
-825,125
| -80% | -$153M |
|
98
United Therapeutics
UTHR
$26.3B
| $36.1M | 0.2% |
274,985
-300,073
| -52% | -$48.1M |
|
|
SHPG
99
DELISTED
Shire pic
SHPG
| $35.4M | 0.19% |
172,501
+1,615
| +0.9% | +$384K |
|
100
Fortune Brands Innovations
FBIN
$6.12B
| $35.1M | 0.19% |
864,469
+121,486
| +16% | +$5M |
|
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Fred Alger Management's Q3 2015 Portfolio in Review
As of Q3 2015, Fred Alger Management held 560 positions worth $18.3B, down 18% from $22.2B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Fred Alger Management withdrew a net $2.31B in Q3 2015, closing 94 positions and reducing 222 holdings. Its most notable exit was Oracle, an estimated $104M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 24% of assets, up from 24% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Amgen worth $114M.
- Fred Alger Management's largest Q3 2015 buy was Amgen: 823,462 shares worth $114M.
- Fred Alger Management added most to Microsoft in Q3 2015, an estimated $317M increase.
- Fred Alger Management's biggest Q3 2015 reduction was Meta Platforms (Facebook), cutting an estimated $264M.
- Fred Alger Management fully exited Oracle in Q3 2015, selling an estimated $104M.
- Fred Alger Management's ten largest holdings make up 30% of its $18.3B portfolio in Q3 2015.
- Fred Alger Management opened 66 new positions and closed 94 in Q3 2015.
- Fred Alger Management's portfolio value fell 18% quarter-over-quarter to $18.3B.
Based on Fred Alger Management's 13F filing for Q3 2015, filed 16 Nov 2015.