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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
INSP icon
151
Inspire Medical Systems
INSP
$1.5B
$14.7M 0.07%
69,850
-79,747
-53% -$13.9M
PIPR icon
152
Piper Sandler
PIPR
$5.24B
$14.6M 0.07%
+206,400
New +$13.5M
USPH icon
153
US Physical Therapy
USPH
$1.2B
$14.6M 0.07%
172,258
-4,362
-2% -$387K
FANG icon
154
Diamondback Energy
FANG
$53.5B
$14.1M 0.07%
81,823
-48,837
-37% -$9.4M
APH icon
155
Amphenol
APH
$177B
$14M 0.07%
215,447
-20,230
-9% -$1.31M
MPWR icon
156
Monolithic Power Systems
MPWR
$63B
$14M 0.07%
15,152
+966
+7% +$834K
ARES icon
157
Ares Management
ARES
$28.8B
$13.7M 0.07%
87,659
+35,385
+68% +$5.13M
TCOM icon
158
Trip.com Group
TCOM
$28.5B
$13.5M 0.07%
227,326
-59,878
-21% -$2.77M
WCN
159
Waste Connections
WCN
$42.7B
$13.3M 0.06%
74,259
-5,816
-7% -$1.05M
TTWO icon
160
Take-Two Interactive
TTWO
$46B
$13M 0.06%
84,892
-27,082
-24% -$4.11M
SHAK icon
161
Shake Shack
SHAK
$2.55B
$13M 0.06%
125,852
-165,775
-57% -$16M
VRSK icon
162
Verisk Analytics
VRSK
$27.8B
$12.5M 0.06%
46,607
-2,442
-5% -$661K
AXON
163
Axon Enterprise
AXON
$44.1B
$12.4M 0.06%
30,935
+930
+3% +$321K
SPT icon
164
Sprout Social
SPT
$522M
$12.4M 0.06%
425,099
-186,823
-31% -$6.08M
XOM icon
165
ExxonMobil
XOM
$634B
$12.1M 0.06%
103,577
+5,156
+5% +$595K
DDOG icon
166
Datadog
DDOG
$89.3B
$12.1M 0.06%
104,813
+8,073
+8% +$943K
ANF icon
167
Abercrombie & Fitch
ANF
$4.58B
$11.9M 0.06%
+84,720
New +$12.9M
MMSI icon
168
Merit Medical Systems
MMSI
$4.67B
$11.7M 0.06%
+117,906
New +$10.8M
PG icon
169
Procter & Gamble
PG
$347B
$11.6M 0.06%
66,745
-835
-1% -$142K
ANET icon
170
Arista Networks
ANET
$214B
$11.5M 0.06%
119,996
-72,744
-38% -$6.34M
PLTR icon
171
Palantir
PLTR
$296B
$11.3M 0.05%
304,662
+184,509
+154% +$5.66M
RBLX icon
172
Roblox
RBLX
$35.4B
$11.2M 0.05%
253,256
+141,627
+127% +$5.91M
CMG icon
173
Chipotle Mexican Grill
CMG
$43B
$11.1M 0.05%
193,197
-48,387
-20% -$2.68M
FLUT icon
174
Flutter Entertainment
FLUT
$18.9B
$11.1M 0.05%
46,696
+44,732
+2,278% +$9.29M
BLK icon
175
Blackrock
BLK
$170B
$10.7M 0.05%
11,283
+300
+3% +$260K
5 6
7
8 9

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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.