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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
+17.72%
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
$18.5B
AUM Growth
+$1.14B
(+6.5%)
Cap. Flow
-$1.33B
Cap. Flow
% of AUM
-7.2%
Top 10 Holdings %
Top 10 Hldgs %
39.28%
Holding
503
New
42
Increased
140
Reduced
229
Closed
60
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amgen
AMGN
|
+$91.1M |
| 2 |
Advanced Micro Devices
AMD
|
+$86.6M |
| 3 |
Broadcom
AVGO
|
+$78.2M |
| 4 |
Vertiv
VRT
|
+$76.7M |
| 5 |
Burlington
BURL
|
+$42.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$142M |
| 2 |
Trip.com Group
TCOM
|
+$101M |
| 3 |
Tesla
TSLA
|
+$87.5M |
| 4 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$83.1M |
| 5 |
Trade Desk
TTD
|
+$80.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 37.38% |
| 2 | Healthcare | 19.58% |
| 3 | Consumer Discretionary | 11.08% |
| 4 | Industrials | 10.46% |
| 5 | Communication Services | 10.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
InMode
INMD
$889M
| $10.6M | 0.06% |
477,043
-89,484
| -16% | -$2.01M |
|
177
Amphenol
APH
$177B
| $10.5M | 0.06% |
211,308
+2,998
| +1% | +$132K |
|
178
Take-Two Interactive
TTWO
$46.3B
| $10.5M | 0.06% |
64,958
-706
| -1% | -$105K |
|
179
Stevanato
STVN
$5.5B
| $10.4M | 0.06% |
379,661
+361,057
| +1,941% | +$10.4M |
|
180
Federal Signal
FSS
$7.19B
| $10.2M | 0.05% |
+132,506
| New | +$8.83M |
|
181
ON Semiconductor
ON
$32.8B
| $10.1M | 0.05% |
121,225
-22,325
| -16% | -$1.75M |
|
182
AbbVie
ABBV
$465B
| $9.87M | 0.05% |
63,688
-34,845
| -35% | -$5.08M |
|
183
Neogen
NEOG
$2B
| $9.86M | 0.05% |
490,543
-2,552
| -0.5% | -$43.2K |
|
184
indie Semiconductor
INDI
$678M
| $9.86M | 0.05% |
1,216,144
+1,172,550
| +2,690% | +$7.65M |
|
185
MarketAxess Holdings
MKTX
$4.34B
| $9.65M | 0.05% |
32,956
+32,797
| +20,627% | +$7.93M |
|
186
Floor & Decor
FND
$6.14B
| $9.65M | 0.05% |
86,484
-33,564
| -28% | -$3.09M |
|
187
MSCI
MSCI
$42.1B
| $9.61M | 0.05% |
16,995
-5,449
| -24% | -$2.81M |
|
188
Deckers Outdoor
DECK
$14.2B
| $9.25M | 0.05% |
83,046
+23,760
| +40% | +$2.42M |
|
189
MYR Group
MYRG
$5.31B
| $9.03M | 0.05% |
62,451
+32,644
| +110% | +$4.21M |
|
|
ANSS
190
DELISTED
Ansys
ANSS
| $8.99M | 0.05% |
24,766
-33
| -0.1% | -$9.77K |
|
191
Tandem Diabetes Care
TNDM
$1.22B
| $8.96M | 0.05% |
302,779
-22,910
| -7% | -$475K |
|
192
Savers
SVV
$1.58B
| $8.87M | 0.05% |
+510,211
| New | +$7.72M |
|
|
AUTL
193
Autolus Therapeutics
AUTL
$386M
| $8.72M | 0.05% |
+1,354,331
| New | +$5.17M |
|
194
Domino's
DPZ
$11.6B
| $8.72M | 0.05% |
21,149
+2,706
| +15% | +$1.01M |
|
195
Sarepta Therapeutics
SRPT
$1.63B
| $8.71M | 0.05% |
90,335
+24,661
| +38% | +$2.37M |
|
196
Honeywell
HON
$78.3B
| $8.62M | 0.05% |
43,629
+1,934
| +5% | +$349K |
|
197
Chipotle Mexican Grill
CMG
$43B
| $8.1M | 0.04% |
177,100
-5,200
| -3% | -$216K |
|
198
Cadre Holdings
CDRE
$1.43B
| $8.1M | 0.04% |
+246,177
| New | +$7.45M |
|
199
Cloudflare
NET
$93.7B
| $8.08M | 0.04% |
97,099
+26,703
| +38% | +$1.87M |
|
200
BJs Wholesale Club
BJ
$12.4B
| $7.92M | 0.04% |
118,775
-58,800
| -33% | -$3.98M |
|
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Fred Alger Management's Q4 2023 Portfolio in Review
As of Q4 2023, Fred Alger Management held 503 positions worth $18.5B, up 6.5% from $17.4B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Fred Alger Management withdrew a net $1.33B in Q4 2023, closing 60 positions and reducing 229 holdings. Its most notable exit was Albemarle, an estimated $77.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 37% of assets, up from 37% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Micron Technology worth $35.6M.
- Fred Alger Management's largest Q4 2023 buy was Micron Technology: 417,196 shares worth $35.6M.
- Fred Alger Management added most to Amgen in Q4 2023, an estimated $91.1M increase.
- Fred Alger Management's biggest Q4 2023 reduction was NVIDIA, cutting an estimated $142M.
- Fred Alger Management fully exited Albemarle in Q4 2023, selling an estimated $77.2M.
- Fred Alger Management's ten largest holdings make up 39% of its $18.5B portfolio in Q4 2023.
- Fred Alger Management opened 42 new positions and closed 60 in Q4 2023.
- Fred Alger Management's portfolio value rose 6.5% quarter-over-quarter to $18.5B.
Based on Fred Alger Management's 13F filing for Q4 2023, filed 14 Feb 2024.