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
-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 | |
|---|---|---|---|---|---|---|
176
Eli Lilly
LLY
$1.08T
| $11.5M | 0.05% |
83,144
+56,431
| +211% | +$7.75M |
|
177
New Oriental
EDU
$9.32B
| $11.2M | 0.05% |
103,623
+55,223
| +114% | +$7.09M |
|
178
Trex
TREX
$4.4B
| $10.6M | 0.05% |
+264,924
| New | +$12.4M |
|
179
Take-Two Interactive
TTWO
$46.1B
| $10.4M | 0.05% |
87,917
+33,282
| +61% | +$3.93M |
|
180
Boeing
BA
$169B
| $10.4M | 0.05% |
69,821
-255,872
| -79% | -$70M |
|
181
Goosehead Insurance
GSHD
$2.51B
| $9.47M | 0.04% |
212,089
+40,520
| +24% | +$2.01M |
|
182
Centene
CNC
$30.5B
| $9.12M | 0.04% |
153,477
-147,379
| -49% | -$8.94M |
|
183
Fair Isaac
FICO
$31.8B
| $9.03M | 0.04% |
29,358
-255
| -0.9% | -$93.9K |
|
184
Burlington
BURL
$23.4B
| $8.54M | 0.04% |
53,877
-37,726
| -41% | -$7.94M |
|
185
Impinj
PI
$4.24B
| $8.26M | 0.04% |
494,441
+389,999
| +373% | +$10.5M |
|
186
Equity Lifestyle Properties
ELS
$13.1B
| $7.8M | 0.03% |
135,785
+111,945
| +470% | +$7.64M |
|
187
iShares Russell 1000 Growth ETF
IWF
$117B
| $7.71M | 0.03% |
204,720
+162,072
| +380% | +$6.98M |
|
188
ACI Worldwide
ACIW
$6.12B
| $7.66M | 0.03% |
316,972
-1,427,575
| -82% | -$45.6M |
|
189
MarketAxess Holdings
MKTX
$4.47B
| $7.63M | 0.03% |
22,943
+10,694
| +87% | +$3.73M |
|
190
Merck
MRK
$322B
| $7.48M | 0.03% |
101,909
-63,737
| -38% | -$5.01M |
|
191
Alphabet (Google) Class A
GOOGL
$4.12T
| $7.45M | 0.03% |
128,300
-14,760
| -10% | -$1M |
|
192
Qualcomm
QCOM
$164B
| $7.37M | 0.03% |
108,987
-1,284,759
| -92% | -$105M |
|
193
XPO
XPO
$23.4B
| $7.29M | 0.03% |
432,188
-80,939
| -16% | -$2.16M |
|
|
ARCE
194
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $7.1M | 0.03% |
168,094
+56,094
| +50% | +$2.78M |
|
195
Moderna
MRNA
$21.6B
| $6.86M | 0.03% |
+228,971
| New | +$5.27M |
|
196
AstraZeneca
AZN
$269B
| $6.47M | 0.03% |
72,423
-2,844
| -4% | -$268K |
|
197
RingCentral
RNG
$4.83B
| $6.27M | 0.03% |
+29,601
| New | +$6.1M |
|
198
Wayfair
W
$11.8B
| $6.21M | 0.03% |
116,123
-332,041
| -74% | -$25.4M |
|
|
ALTR
199
DELISTED
Altair Engineering Inc
ALTR
| $6.04M | 0.03% |
227,871
-389,088
| -63% | -$13.3M |
|
200
Vulcan Materials
VMC
$36.8B
| $6.03M | 0.03% |
55,779
+32,752
| +142% | +$4.18M |
|
Similar funds
CAM
BA
AM
SAM
CHP
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.