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
+5.88%
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
$21.5B
AUM Growth
-$647M
(-2.9%)
Cap. Flow
-$1.48B
Cap. Flow
% of AUM
-6.88%
Top 10 Holdings %
Top 10 Hldgs %
38.78%
Holding
614
New
58
Increased
200
Reduced
215
Closed
65
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$164M |
| 2 |
Salesforce
CRM
|
+$163M |
| 3 |
SBA Communications
SBAC
|
+$130M |
| 4 |
Boeing
BA
|
+$128M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$496M |
| 2 |
Apple
AAPL
|
+$260M |
| 3 |
Amazon
AMZN
|
+$179M |
| 4 |
Microchip Technology
MCHP
|
+$130M |
| 5 |
Crown Castle
CCI
|
+$129M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.61% |
| 2 | Consumer Discretionary | 16.32% |
| 3 | Healthcare | 15.75% |
| 4 | Communication Services | 12.15% |
| 5 | Financials | 11.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AET
101
DELISTED
Aetna Inc
AET
| $41.3M | 0.19% |
244,428
-692,427
| -74% | -$124M |
|
102
Neogen
NEOG
$2.07B
| $40.4M | 0.19% |
1,207,050
+57,181
| +5% | +$1.72M |
|
103
Tyler Technologies
TYL
$13.1B
| $40.2M | 0.19% |
190,628
-3,098
| -2% | -$620K |
|
|
IBTX
104
DELISTED
Independent Bank Group, Inc.
IBTX
| $39.2M | 0.18% |
553,810
+25,912
| +5% | +$1.86M |
|
105
Planet Fitness
PLNT
$4.28B
| $38.8M | 0.18% |
1,025,979
-5,993
| -0.6% | -$210K |
|
106
FedEx
FDX
$73.7B
| $38.6M | 0.18% |
160,683
-339,920
| -68% | -$85.9M |
|
107
United Rentals
URI
$69.8B
| $38.4M | 0.18% |
222,574
-278,100
| -56% | -$49.4M |
|
108
Axos Financial
AX
$5.47B
| $36.5M | 0.17% |
901,797
-238,508
| -21% | -$8.69M |
|
|
MDSO
109
DELISTED
Medidata Solutions, Inc.
MDSO
| $35.8M | 0.17% |
570,353
-57,590
| -9% | -$3.83M |
|
110
Blackbaud
BLKB
$1.62B
| $34.3M | 0.16% |
336,774
+3,835
| +1% | +$382K |
|
111
Cognex
CGNX
$10B
| $33.9M | 0.16% |
651,439
-157,629
| -19% | -$9.32M |
|
|
ZAYO
112
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $33.9M | 0.16% |
+991,263
| New | +$35.7M |
|
113
MarketAxess Holdings
MKTX
$4.2B
| $33.4M | 0.16% |
153,495
+11,965
| +8% | +$2.46M |
|
114
Carnival Corporation Ltd
CCL
$36.6B
| $33M | 0.15% |
503,302
+481,966
| +2,259% | +$32.8M |
|
115
Universal Display
OLED
$3.76B
| $32.4M | 0.15% |
321,082
+165,154
| +106% | +$24.8M |
|
116
Helios Technologies
HLIO
$2.56B
| $32.4M | 0.15% |
605,220
+90,699
| +18% | +$5.35M |
|
117
Middleby
MIDD
$6.09B
| $31.9M | 0.15% |
257,373
-102,915
| -29% | -$13.5M |
|
118
Acadia Pharmaceuticals
ACAD
$4.37B
| $30.7M | 0.14% |
1,367,683
-798,346
| -37% | -$22.1M |
|
119
Inogen
INGN
$172M
| $30.5M | 0.14% |
248,041
-191
| -0.1% | -$23.3K |
|
|
ULTI
120
DELISTED
Ultimate Software Group Inc
ULTI
| $29.4M | 0.14% |
120,713
+2,991
| +3% | +$706K |
|
|
PTLA
121
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $29.4M | 0.14% |
898,639
+142,214
| +19% | +$6.24M |
|
122
HubSpot
HUBS
$11.4B
| $28.7M | 0.13% |
264,707
-47,381
| -15% | -$4.94M |
|
123
Take-Two Interactive
TTWO
$44.6B
| $28.6M | 0.13% |
292,075
+92,637
| +46% | +$10.4M |
|
|
ABAX
124
DELISTED
Abaxis Inc
ABAX
| $28.1M | 0.13% |
397,202
+92,593
| +30% | +$6.21M |
|
125
OraSure Technologies
OSUR
$273M
| $28M | 0.13% |
1,655,073
+572,598
| +53% | +$10.9M |
|
Similar funds
CAM
BA
AM
SAM
CHP
Fred Alger Management's Q1 2018 Portfolio in Review
As of Q1 2018, Fred Alger Management held 614 positions worth $21.5B, down 2.9% from $22.2B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Fred Alger Management withdrew a net $1.48B in Q1 2018, closing 65 positions and reducing 215 holdings. Its most notable exit was Broadcom, an estimated $496M position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Fred Alger Management opened a new position in Zayo Group Holdings, Inc. worth $33.9M.
- Fred Alger Management's largest Q1 2018 buy was Zayo Group Holdings, Inc.: 991,263 shares worth $33.9M.
- Fred Alger Management added most to Microsoft in Q1 2018, an estimated $164M increase.
- Fred Alger Management's biggest Q1 2018 reduction was Apple, cutting an estimated $260M.
- Fred Alger Management fully exited Broadcom in Q1 2018, selling an estimated $496M.
- Fred Alger Management's ten largest holdings make up 39% of its $21.5B portfolio in Q1 2018.
- Fred Alger Management opened 58 new positions and closed 65 in Q1 2018.
- Fred Alger Management's portfolio value fell 2.9% quarter-over-quarter to $21.5B.
Based on Fred Alger Management's 13F filing for Q1 2018, filed 10 May 2018.