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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
-8.41%
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
$22.8B
AUM Growth
-$4.41B
(-16%)
Cap. Flow
-$1.27B
Cap. Flow
% of AUM
-5.6%
Top 10 Holdings %
Top 10 Hldgs %
36.84%
Holding
614
New
135
Increased
158
Reduced
239
Closed
65
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$190M |
| 2 |
Lowe's Companies
LOW
|
+$187M |
| 3 |
Netflix
NFLX
|
+$179M |
| 4 |
Starbucks
SBUX
|
+$114M |
| 5 |
Novartis
NVS
|
+$92.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Abbott
ABT
|
+$260M |
| 2 |
Microsoft
MSFT
|
+$208M |
| 3 |
Salesforce
CRM
|
+$171M |
| 4 |
Dollar Tree
DLTR
|
+$171M |
| 5 |
Adobe
ADBE
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.16% |
| 2 | Healthcare | 22.78% |
| 3 | Consumer Discretionary | 14.09% |
| 4 | Communication Services | 9.78% |
| 5 | Financials | 9.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Waste Management
WM
$95B
| $51.8M | 0.23% |
559,783
+428,081
| +325% | +$49.1M |
|
102
Biogen
BIIB
$30.9B
| $51.6M | 0.23% |
163,090
+24,245
| +17% | +$7.36M |
|
103
Gilead Sciences
GILD
$165B
| $49.5M | 0.22% |
661,448
+646,665
| +4,374% | +$44.7M |
|
|
AYX
104
DELISTED
Alteryx Inc
AYX
| $48.9M | 0.21% |
513,750
-426,686
| -45% | -$53M |
|
105
Morgan Stanley
MS
$319B
| $48.3M | 0.21% |
1,421,086
-993,359
| -41% | -$46.8M |
|
106
Applied Materials
AMAT
$347B
| $48.3M | 0.21% |
1,053,554
+416,411
| +65% | +$23.9M |
|
|
PS
107
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $48.3M | 0.21% |
4,394,720
+518,893
| +13% | +$8.63M |
|
108
Hamilton Lane
HLNE
$3.88B
| $48.1M | 0.21% |
869,849
+58,453
| +7% | +$3.65M |
|
109
Acadia Pharmaceuticals
ACAD
$4.51B
| $47.6M | 0.21% |
1,127,772
+42,089
| +4% | +$1.73M |
|
|
RTN
110
DELISTED
Raytheon Company
RTN
| $46M | 0.2% |
350,712
-99,909
| -22% | -$19.8M |
|
111
SiteOne Landscape Supply
SITE
$4.09B
| $45.3M | 0.2% |
615,878
+82,365
| +15% | +$7.53M |
|
112
SPS Commerce
SPSC
$2.55B
| $44.8M | 0.2% |
962,621
+286,473
| +42% | +$15.1M |
|
|
MODN
113
DELISTED
MODEL N, INC.
MODN
| $44.4M | 0.2% |
2,000,948
+828,875
| +71% | +$24.2M |
|
114
Planet Fitness
PLNT
$4.45B
| $43.9M | 0.19% |
902,433
-44,257
| -5% | -$3.09M |
|
115
Trade Desk
TTD
$8.97B
| $43.1M | 0.19% |
2,232,680
-247,820
| -10% | -$6.41M |
|
|
MDLA
116
DELISTED
Medallia, Inc.
MDLA
| $42.7M | 0.19% |
2,131,981
+691,680
| +48% | +$18.6M |
|
117
Rapid7
RPD
$628M
| $42.6M | 0.19% |
983,653
+92,708
| +10% | +$4.86M |
|
118
Progyny
PGNY
$2.46B
| $42.6M | 0.19% |
2,009,533
+1,454,157
| +262% | +$40M |
|
119
AtriCure
ATRC
$2.08B
| $42.4M | 0.19% |
+1,263,408
| New | +$45.4M |
|
120
Lyft
LYFT
$5.86B
| $41M | 0.18% |
1,527,045
+1,015,506
| +199% | +$40.3M |
|
121
HubSpot
HUBS
$12.9B
| $40.6M | 0.18% |
304,571
+5,687
| +2% | +$945K |
|
122
Monolithic Power Systems
MPWR
$61.4B
| $40.5M | 0.18% |
+241,661
| New | +$41.4M |
|
123
AbbVie
ABBV
$465B
| $39.4M | 0.17% |
516,784
-659,485
| -56% | -$56.2M |
|
124
Ollie's Bargain Outlet
OLLI
$4.31B
| $39.1M | 0.17% |
843,504
+92,933
| +12% | +$4.77M |
|
125
Autodesk
ADSK
$51.8B
| $38.7M | 0.17% |
248,051
-200,016
| -45% | -$36.7M |
|
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Fred Alger Management's Q1 2020 Portfolio in Review
As of Q1 2020, Fred Alger Management held 614 positions worth $22.8B, down 16% from $27.2B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Fred Alger Management withdrew a net $1.27B in Q1 2020, closing 65 positions and reducing 239 holdings. Its most notable exit was Dermira, Inc., an estimated $46.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 33% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in AtriCure worth $42.4M.
- Fred Alger Management's largest Q1 2020 buy was AtriCure: 1,263,408 shares worth $42.4M.
- Fred Alger Management added most to NVIDIA in Q1 2020, an estimated $190M increase.
- Fred Alger Management's biggest Q1 2020 reduction was Abbott, cutting an estimated $260M.
- Fred Alger Management fully exited Dermira, Inc. in Q1 2020, selling an estimated $46.3M.
- Fred Alger Management's ten largest holdings make up 37% of its $22.8B portfolio in Q1 2020.
- Fred Alger Management opened 135 new positions and closed 65 in Q1 2020.
- Fred Alger Management's portfolio value fell 16% quarter-over-quarter to $22.8B.
Based on Fred Alger Management's 13F filing for Q1 2020, filed 15 May 2020.