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 | |
|---|---|---|---|---|---|---|
101
Manhattan Associates
MANH
$9.95B
| $39.7M | 0.23% |
201,053
+6,746
| +3% | +$1.32M |
|
102
Eaton
ETN
$150B
| $37.9M | 0.22% |
177,777
-109,166
| -38% | -$23.5M |
|
103
West Pharmaceutical
WST
$23.7B
| $37.1M | 0.21% |
98,801
+761
| +0.8% | +$294K |
|
104
Q2 Holdings
QTWO
$3.71B
| $34.2M | 0.2% |
1,058,664
-10,892
| -1% | -$361K |
|
|
ALTR
105
DELISTED
Altair Engineering Inc
ALTR
| $34.1M | 0.2% |
545,796
+29,467
| +6% | +$1.98M |
|
106
Extreme Networks
EXTR
$3.92B
| $33.9M | 0.2% |
+1,401,093
| New | +$37.9M |
|
107
CoStar Group
CSGP
$12.4B
| $33.8M | 0.19% |
439,295
+36,091
| +9% | +$2.99M |
|
|
EVBG
108
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $33.7M | 0.19% |
1,503,691
-168,944
| -10% | -$4.36M |
|
109
Sprout Social
SPT
$522M
| $33.3M | 0.19% |
667,462
+513,687
| +334% | +$25.8M |
|
|
SMAR
110
DELISTED
Smartsheet Inc.
SMAR
| $33.2M | 0.19% |
820,220
-161,043
| -16% | -$6.61M |
|
111
CryoPort
CYRX
$765M
| $32.8M | 0.19% |
2,391,458
-6,906
| -0.3% | -$102K |
|
112
Tenable Holdings
TENB
$3.46B
| $32.7M | 0.19% |
730,882
-254,089
| -26% | -$11.4M |
|
|
NARI
113
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $32.7M | 0.19% |
499,989
+47,251
| +10% | +$2.97M |
|
|
CBAY
114
DELISTED
Cymabay Therapeutics
CBAY
| $32.4M | 0.19% |
+2,172,309
| New | +$28.8M |
|
115
Core Laboratories
CLB
$493M
| $31.9M | 0.18% |
1,327,329
-1,401,417
| -51% | -$34.4M |
|
|
ONT
116
Onterris Inc
ONT
$740M
| $31.8M | 0.18% |
1,087,947
-777,390
| -42% | -$29.5M |
|
117
Celsius Holdings
CELH
$7.53B
| $30.6M | 0.18% |
535,737
+508,842
| +1,892% | +$28.6M |
|
118
Alphatec Holdings
ATEC
$1.43B
| $30.3M | 0.17% |
2,336,718
+767,280
| +49% | +$12M |
|
119
Rapid7
RPD
$642M
| $30.1M | 0.17% |
658,574
-172,042
| -21% | -$7.94M |
|
120
Booking.com
BKNG
$154B
| $29.9M | 0.17% |
242,450
-84,825
| -26% | -$10.3M |
|
121
RXO
RXO
$3.73B
| $28.7M | 0.16% |
1,452,879
+230,664
| +19% | +$4.54M |
|
122
Trex
TREX
$4.57B
| $27.6M | 0.16% |
447,159
+402,913
| +911% | +$27.6M |
|
|
INVX
123
Innovex International
INVX
$1.79B
| $26.6M | 0.15% |
943,620
-511,941
| -35% | -$13.9M |
|
124
MGM Resorts International
MGM
$11.8B
| $26.4M | 0.15% |
719,316
-769,023
| -52% | -$34M |
|
|
SUM
125
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $26.2M | 0.15% |
842,946
+207,309
| +33% | +$7.38M |
|
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.