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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
+1.6%
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
$18.9B
AUM Growth
-$804M
(-4.1%)
Cap. Flow
-$821M
Cap. Flow
% of AUM
-4.34%
Top 10 Holdings %
Top 10 Hldgs %
35.79%
Holding
598
New
47
Increased
155
Reduced
267
Closed
77
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$149M |
| 2 |
AGN
Allergan plc
AGN
|
+$142M |
| 3 |
Alibaba
BABA
|
+$110M |
| 4 |
Newell Brands
NWL
|
+$108M |
| 5 |
Medtronic
MDT
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JAH
JARDEN CORPORATION
JAH
|
+$258M |
| 2 |
McDonald's
MCD
|
+$149M |
| 3 |
Meta Platforms (Facebook)
META
|
+$134M |
| 4 |
Apple
AAPL
|
+$134M |
| 5 |
Kroger
KR
|
+$121M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.07% |
| 2 | Technology | 17.82% |
| 3 | Communication Services | 17.13% |
| 4 | Consumer Discretionary | 12.59% |
| 5 | Industrials | 10.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Morgan Stanley
MS
$337B
| $72.4M | 0.38% |
2,787,142
+607,091
| +28% | +$15.9M |
|
77
Signet Jewelers
SIG
$3.55B
| $69.9M | 0.37% |
848,157
-386,700
| -31% | -$39.3M |
|
|
STMP
78
DELISTED
Stamps.com, Inc.
STMP
| $65.5M | 0.35% |
749,467
+350,663
| +88% | +$31.3M |
|
79
Bank of America
BAC
$435B
| $65M | 0.34% |
4,899,186
-1,279,394
| -21% | -$18M |
|
80
Dollar General
DG
$25.9B
| $60M | 0.32% |
638,349
-429,135
| -40% | -$37M |
|
81
Eaton
ETN
$157B
| $57M | 0.3% |
955,008
-74,071
| -7% | -$4.55M |
|
82
TotalEnergies
TTE
$193B
| $55.9M | 0.3% |
1,162,208
+260,000
| +29% | +$12.5M |
|
83
Stryker
SYK
$127B
| $54.2M | 0.29% |
452,072
-36,254
| -7% | -$4.05M |
|
84
Kraft Heinz
KHC
$30.4B
| $53.1M | 0.28% |
599,608
-388,922
| -39% | -$32M |
|
85
Incyte
INCY
$23.5B
| $52.9M | 0.28% |
661,039
+163,083
| +33% | +$12.7M |
|
86
Air Products & Chemicals
APD
$66.3B
| $52.1M | 0.28% |
396,628
+223,761
| +129% | +$29.8M |
|
87
Union Pacific
UNP
$182B
| $47.8M | 0.25% |
547,794
-208,315
| -28% | -$17.6M |
|
|
TWX
88
DELISTED
Time Warner Inc
TWX
| $47.3M | 0.25% |
642,515
-260,865
| -29% | -$19.3M |
|
89
Shake Shack
SHAK
$2.3B
| $46.4M | 0.24% |
1,272,562
+727,040
| +133% | +$26.4M |
|
90
PVH
PVH
$3.71B
| $44.5M | 0.23% |
472,228
-10,184
| -2% | -$957K |
|
91
Humana
HUM
$46.7B
| $44.4M | 0.23% |
246,681
+17,023
| +7% | +$3.02M |
|
92
Universal Health Services
UHS
$9.43B
| $44.3M | 0.23% |
330,578
-62,976
| -16% | -$8.31M |
|
93
TJX Companies
TJX
$170B
| $43.2M | 0.23% |
+1,117,850
| New | +$42.7M |
|
94
Comscore
SCOR
$110M
| $43.1M | 0.23% |
90,139
+7,084
| +9% | +$4.24M |
|
|
LNKD
95
DELISTED
LinkedIn Corporation
LNKD
| $42.1M | 0.22% |
222,713
-226,690
| -50% | -$31.4M |
|
96
S&P Global
SPGI
$126B
| $41.4M | 0.22% |
+386,268
| New | +$41.5M |
|
|
HBI
97
DELISTED
Hanesbrands
HBI
| $40.5M | 0.21% |
1,612,677
+223,291
| +16% | +$6.09M |
|
98
Fortune Brands Innovations
FBIN
$6.12B
| $38.3M | 0.2% |
772,056
-45,479
| -6% | -$2.22M |
|
99
WisdomTree
WT
$2.97B
| $38.2M | 0.2% |
3,904,661
+1,533,811
| +65% | +$16.9M |
|
100
Western Digital
WDC
$179B
| $37.7M | 0.2% |
1,054,062
+1,053,557
| +208,625% | +$34.7M |
|
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Fred Alger Management's Q2 2016 Portfolio in Review
As of Q2 2016, Fred Alger Management held 598 positions worth $18.9B, down 4.1% from $19.7B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Fred Alger Management withdrew a net $821M in Q2 2016, closing 77 positions and reducing 267 holdings. Its most notable exit was JARDEN CORPORATION, an estimated $258M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 19% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Fred Alger Management opened a new position in TJX Companies worth $43.2M.
- Fred Alger Management's largest Q2 2016 buy was TJX Companies: 1,117,850 shares worth $43.2M.
- Fred Alger Management added most to Amazon in Q2 2016, an estimated $149M increase.
- Fred Alger Management's biggest Q2 2016 reduction was McDonald's, cutting an estimated $149M.
- Fred Alger Management fully exited JARDEN CORPORATION in Q2 2016, selling an estimated $258M.
- Fred Alger Management's ten largest holdings make up 36% of its $18.9B portfolio in Q2 2016.
- Fred Alger Management opened 47 new positions and closed 77 in Q2 2016.
- Fred Alger Management's portfolio value fell 4.1% quarter-over-quarter to $18.9B.
Based on Fred Alger Management's 13F filing for Q2 2016, filed 15 Aug 2016.