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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
+8.28%
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
$20.6B
AUM Growth
+$60.4M
Cap. Flow
-$1.01B
Cap. Flow %
-4.91%
Top 10 Hldgs %
46.31%
Holding
486
New
61
Increased
155
Reduced
193
Closed
52

Top Buys

Rank Stock Value
1
GFL icon
GFL Environmental
GFL
+$160M
2
AVGO icon
Broadcom
AVGO
+$128M
3
ALAB icon
Astera Labs
ALAB
+$123M
4
TSLA icon
Tesla
TSLA
+$108M
5
VRT icon
Vertiv
VRT
+$54.1M

Top Sells

Rank Stock Value
1
MRVL icon
Marvell Technology
MRVL
+$150M
2
NTRA icon
Natera
NTRA
+$144M
3
MCK icon
McKesson
MCK
+$134M
4
MELI icon
Mercado Libre
MELI
+$97.2M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$94.4M

Sector Composition

Rank Sector Weight
1 Technology 38.3%
2 Healthcare 14.56%
3 Communication Services 13.24%
4 Industrials 12.02%
5 Consumer Discretionary 11.77%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IRTC icon
126
iRhythm Holdings
IRTC
$3.96B
$23.3M 0.11%
314,117
+61,696
+24% +$4.91M
SPXC icon
127
SPX Corp
SPXC
$9.56B
$22.6M 0.11%
141,713
+28,174
+25% +$4.25M
CYRX icon
128
CryoPort
CYRX
$749M
$21.9M 0.11%
2,698,768
+898,481
+50% +$7.35M
CSGP icon
129
CoStar Group
CSGP
$11.9B
$21.8M 0.11%
289,056
+3,811
+1% +$289K
CRWD icon
130
CrowdStrike
CRWD
$183B
$21.8M 0.11%
310,580
+96,604
+45% +$6.86M
STVN icon
131
Stevanato
STVN
$5.5B
$21.4M 0.1%
1,070,557
+208,830
+24% +$4.2M
ABBV icon
132
AbbVie
ABBV
$472B
$20.3M 0.1%
102,765
+15,332
+18% +$2.86M
FA icon
133
First Advantage
FA
$3.69B
$20.2M 0.1%
1,017,228
+214,134
+27% +$3.82M
MDGL icon
134
Madrigal Pharmaceuticals
MDGL
$12.5B
$19.8M 0.1%
93,446
-9,009
-9% -$2.3M
TTD icon
135
Trade Desk
TTD
$8.97B
$19.5M 0.09%
177,735
-284,844
-62% -$28.4M
CABA icon
136
Cabaletta Bio
CABA
$439M
$19.4M 0.09%
4,119,394
+1,596,512
+63% +$9.24M
AAON icon
137
Aaon
AAON
$7.09B
$19.3M 0.09%
179,396
-572
-0.3% -$52.3K
NARI
138
DELISTED
Inari Medical, Inc. Common Stock
NARI
$19.1M 0.09%
464,045
-2,456
-0.5% -$118K
RACE icon
139
Ferrari
RACE
$68B
$18.1M 0.09%
38,490
+5,235
+16% +$2.35M
SITM icon
140
SiTime
SITM
$13.9B
$17.5M 0.08%
102,170
-30,472
-23% -$4.36M
CAMT icon
141
Camtek
CAMT
$6.07B
$17.4M 0.08%
217,474
+150,513
+225% +$14.7M
HD icon
142
Home Depot
HD
$339B
$17M 0.08%
42,065
+2,071
+5% +$755K
WGS icon
143
GeneDx Holdings
WGS
$1.94B
$16.7M 0.08%
+394,230
New +$13.3M
VEEV icon
144
Veeva Systems
VEEV
$33.8B
$16.7M 0.08%
79,589
+344
+0.4% +$68K
ROAD icon
145
Construction Partners
ROAD
$5.73B
$16.5M 0.08%
+236,897
New +$14.6M
TPC
146
Tutor Perini Cor
TPC
$4.09B
$16M 0.08%
+590,367
New +$13.5M
LOAR icon
147
Loar Holdings
LOAR
$6.35B
$15.7M 0.08%
210,330
-34,666
-14% -$2.3M
MS icon
148
Morgan Stanley
MS
$322B
$15.6M 0.08%
150,096
+3,520
+2% +$354K
FLYW icon
149
Flywire
FLYW
$2.05B
$15.2M 0.07%
926,089
-15,479
-2% -$270K
OWL icon
150
Blue Owl Capital
OWL
$6.46B
$15.1M 0.07%
781,408
+11,663
+2% +$208K
4 5
6
7 8

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Fred Alger Management's Q3 2024 Portfolio in Review

As of Q3 2024, Fred Alger Management held 486 positions worth $20.6B, up 0.29% from $20.6B the previous quarter. Its ten largest holdings account for 46% of the portfolio.

Fred Alger Management withdrew a net $1.01B in Q3 2024, closing 52 positions and reducing 193 holdings. Its most notable exit was Citigroup, an estimated $48.7M position sold in full.

By sector, the portfolio is most concentrated in Technology at 38% of assets, down from 41% a quarter earlier, followed by Healthcare and Communication Services.

Against the trend, Fred Alger Management opened a new position in Talen Energy Corp worth $67.3M.

  • Fred Alger Management's largest Q3 2024 buy was Talen Energy Corp: 377,490 shares worth $67.3M.
  • Fred Alger Management added most to GFL Environmental in Q3 2024, an estimated $160M increase.
  • Fred Alger Management's biggest Q3 2024 reduction was Marvell Technology, cutting an estimated $150M.
  • Fred Alger Management fully exited Citigroup in Q3 2024, selling an estimated $48.7M.
  • Fred Alger Management's ten largest holdings make up 46% of its $20.6B portfolio in Q3 2024.
  • Fred Alger Management opened 61 new positions and closed 52 in Q3 2024.
  • Fred Alger Management's portfolio value rose 0.29% quarter-over-quarter to $20.6B.

Based on Fred Alger Management's 13F filing for Q3 2024, filed 14 Nov 2024.