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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
+20.34%
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
$20.2B
AUM Growth
+$1.63B
Cap. Flow
-$978M
Cap. Flow %
-4.85%
Top 10 Hldgs %
41.49%
Holding
507
New
64
Increased
167
Reduced
188
Closed
64

Top Buys

Rank Stock Value
1
MU icon
Micron Technology
MU
+$117M
2
SYK icon
Stryker
SYK
+$95.9M
3
NFLX icon
Netflix
NFLX
+$85.6M
4
MBLY icon
Mobileye
MBLY
+$64.5M
5
AVGO icon
Broadcom
AVGO
+$61.3M

Top Sells

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$165M
2
UNH icon
UnitedHealth
UNH
+$139M
3
AAPL icon
Apple
AAPL
+$112M
4
TMDX icon
Transmedics
TMDX
+$111M
5
AMGN icon
Amgen
AMGN
+$84M

Sector Composition

Rank Sector Weight
1 Technology 39.11%
2 Healthcare 17.27%
3 Consumer Discretionary 11.73%
4 Communication Services 11.09%
5 Industrials 10.69%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CRM icon
201
Salesforce
CRM
$154B
$9.3M 0.05%
30,877
+24,529
+386% +$7.08M
MRK icon
202
Merck
MRK
$322B
$9.2M 0.05%
69,710
+32,715
+88% +$4.03M
MMYT icon
203
MakeMyTrip
MMYT
$5.38B
$9.13M 0.05%
128,493
-249,094
-66% -$14.2M
HLT icon
204
Hilton Worldwide
HLT
$72.4B
$9.06M 0.04%
42,483
-103,139
-71% -$20.3M
QCOM icon
205
Qualcomm
QCOM
$164B
$8.95M 0.04%
52,894
+6,304
+14% +$974K
INVX
206
Innovex International
INVX
$1.8B
$8.89M 0.04%
394,701
-315,196
-44% -$6.89M
LSCC icon
207
Lattice Semiconductor
LSCC
$16B
$8.77M 0.04%
112,092
+27,291
+32% +$1.95M
PCOR icon
208
Procore
PCOR
$7.57B
$8.71M 0.04%
106,017
+36,911
+53% +$2.74M
VRSK icon
209
Verisk Analytics
VRSK
$27.9B
$8.55M 0.04%
36,261
-12,952
-26% -$3.11M
BLK icon
210
Blackrock
BLK
$167B
$8.46M 0.04%
10,153
+1,234
+14% +$991K
CECO icon
211
Ceco Environmental
CECO
$3.49B
$8.32M 0.04%
+361,540
New +$7.45M
FND icon
212
Floor & Decor
FND
$6.03B
$8.29M 0.04%
63,939
-22,545
-26% -$2.56M
PEP icon
213
PepsiCo
PEP
$196B
$8.26M 0.04%
47,191
+2,929
+7% +$493K
APO icon
214
Apollo Global Management
APO
$69B
$8.14M 0.04%
+72,401
New +$7.64M
TCOM icon
215
Trip.com Group
TCOM
$29B
$7.99M 0.04%
182,099
-9,397
-5% -$382K
HON icon
216
Honeywell
HON
$76.4B
$7.89M 0.04%
40,772
-2,857
-7% -$538K
MASS icon
217
908 Devices
MASS
$312M
$7.67M 0.04%
1,016,402
-194,017
-16% -$1.44M
AUTL
218
Autolus Therapeutics
AUTL
$389M
$7.64M 0.04%
1,196,876
-157,455
-12% -$982K
ATFV icon
219
Alger 35 ETF
ATFV
$200M
$7.59M 0.04%
375,537
– –
XOM icon
220
ExxonMobil
XOM
$650B
$7.5M 0.04%
64,528
+7,308
+13% +$765K
LRMR icon
221
Larimar Therapeutics
LRMR
$377M
$7.5M 0.04%
987,933
+901,372
+1,041% +$7.02M
MOH icon
222
Molina Healthcare
MOH
$10.4B
$7.39M 0.04%
17,985
+4,762
+36% +$1.85M
SKY icon
223
Champion Homes
SKY
$4.41B
$7.31M 0.04%
85,998
-1,870
-2% -$144K
BX icon
224
Blackstone
BX
$104B
$7.23M 0.04%
55,033
-200,376
-78% -$25M
OLED icon
225
Universal Display
OLED
$3.75B
$7.16M 0.04%
42,500
+1,105
+3% +$192K
7 8
9
10 11

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Fred Alger Management's Q1 2024 Portfolio in Review

As of Q1 2024, Fred Alger Management held 507 positions worth $20.2B, up 8.8% from $18.5B the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Fred Alger Management withdrew a net $978M in Q1 2024, closing 64 positions and reducing 188 holdings. Its most notable exit was Humana, an estimated $76.8M position sold in full.

By sector, the portfolio is most concentrated in Technology at 39% 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 Stryker worth $102M.

  • Fred Alger Management's largest Q1 2024 buy was Stryker: 285,178 shares worth $102M.
  • Fred Alger Management added most to Micron Technology in Q1 2024, an estimated $117M increase.
  • Fred Alger Management's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $165M.
  • Fred Alger Management fully exited Humana in Q1 2024, selling an estimated $76.8M.
  • Fred Alger Management's ten largest holdings make up 41% of its $20.2B portfolio in Q1 2024.
  • Fred Alger Management opened 64 new positions and closed 64 in Q1 2024.
  • Fred Alger Management's portfolio value rose 8.8% quarter-over-quarter to $20.2B.

Based on Fred Alger Management's 13F filing for Q1 2024, filed 15 May 2024.