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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
+1.6%
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
$18.9B
AUM Growth
-$804M
(-4.1%)
Cap. Flow
-$821M
Cap. Flow
% of AUM
-4.34%
Top 10 Holdings %
Top 10 Hldgs %
35.79%
Holding
598
New
47
Increased
155
Reduced
267
Closed
77
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$149M |
| 2 |
AGN
Allergan plc
AGN
|
+$142M |
| 3 |
Alibaba
BABA
|
+$110M |
| 4 |
Newell Brands
NWL
|
+$108M |
| 5 |
Medtronic
MDT
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JAH
JARDEN CORPORATION
JAH
|
+$258M |
| 2 |
McDonald's
MCD
|
+$149M |
| 3 |
Meta Platforms (Facebook)
META
|
+$134M |
| 4 |
Apple
AAPL
|
+$134M |
| 5 |
Kroger
KR
|
+$121M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.07% |
| 2 | Technology | 17.82% |
| 3 | Communication Services | 17.13% |
| 4 | Consumer Discretionary | 12.59% |
| 5 | Industrials | 10.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Alphabet (Google) Class C
GOOG
$3.89T
| $1.19B | 6.29% |
34,399,520
-963,120
| -3% | -$34.6M |
|
|
2
Amazon
AMZN
$2.51T
| $890M | 4.7% |
24,865,560
+4,410,540
| +22% | +$149M |
|
|
3
Meta Platforms (Facebook)
META
$1.54T
| $803M | 4.24% |
7,025,307
-1,165,973
| -14% | -$134M |
|
|
4
Apple
AAPL
$4.72T
| $727M | 3.84% |
30,423,624
-5,398,768
| -15% | -$134M |
|
5
Microsoft
MSFT
$2.83T
| $699M | 3.69% |
13,656,942
-1,440,150
| -10% | -$74.8M |
|
6
Honeywell
HON
$78B
| $681M | 3.6% |
6,514,493
+261,621
| +4% | +$26.9M |
|
7
Visa
V
$669B
| $565M | 2.99% |
7,622,882
+779,578
| +11% | +$61M |
|
|
AGN
8
DELISTED
Allergan plc
AGN
| $466M | 2.46% |
2,014,685
+615,855
| +44% | +$142M |
|
9
UnitedHealth
UNH
$385B
| $397M | 2.1% |
2,810,824
+563,929
| +25% | +$75.2M |
|
10
Comcast
CMCSA
$78.3B
| $361M | 1.9% |
11,068,516
+1,154,648
| +12% | +$35.9M |
|
11
Thermo Fisher Scientific
TMO
$213B
| $335M | 1.77% |
2,269,649
-251,815
| -10% | -$37.2M |
|
|
12
Newell Brands
NWL
$2.14B
| $314M | 1.66% |
6,459,139
+2,317,863
| +56% | +$108M |
|
13
Bristol-Myers Squibb
BMY
$126B
| $313M | 1.65% |
4,260,963
-156,702
| -4% | -$11.1M |
|
14
PepsiCo
PEP
$184B
| $311M | 1.64% |
2,934,044
-140,235
| -5% | -$14.5M |
|
|
PARA
15
DELISTED
Paramount Global Class B
PARA
| $304M | 1.61% |
5,586,578
+824,841
| +17% | +$44.8M |
|
16
Broadcom
AVGO
$1.87T
| $296M | 1.56% |
19,061,410
+5,793,950
| +44% | +$88.2M |
|
17
Molson Coors Class B
TAP
$7.51B
| $263M | 1.39% |
2,599,809
-254,991
| -9% | -$25.1M |
|
|
YHOO
18
DELISTED
Yahoo Inc
YHOO
| $247M | 1.31% |
6,582,805
+2,426,654
| +58% | +$89.6M |
|
19
Salesforce
CRM
$129B
| $213M | 1.13% |
2,687,269
-366,301
| -12% | -$28.8M |
|
20
Aptiv
APTV
$11.9B
| $191M | 1.01% |
3,048,282
+196,951
| +7% | +$13.8M |
|
|
CELG
21
DELISTED
Celgene Corp
CELG
| $182M | 0.96% |
1,848,734
-312,989
| -14% | -$32.4M |
|
22
Adobe
ADBE
$84.3B
| $176M | 0.93% |
1,835,034
-30,550
| -2% | -$2.93M |
|
23
Edwards Lifesciences
EW
$48.3B
| $172M | 0.91% |
5,175,483
+77,631
| +2% | +$2.66M |
|
24
Electronic Arts
EA
$52.4B
| $162M | 0.85% |
2,134,411
+119,660
| +6% | +$8.42M |
|
25
Crown Castle
CCI
$32.6B
| $158M | 0.83% |
1,555,593
+53,490
| +4% | +$4.85M |
|
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Fred Alger Management's Q2 2016 Portfolio in Review
As of Q2 2016, Fred Alger Management held 598 positions worth $18.9B, down 4.1% from $19.7B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Fred Alger Management withdrew a net $821M in Q2 2016, closing 77 positions and reducing 267 holdings. Its most notable exit was JARDEN CORPORATION, an estimated $258M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 19% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Fred Alger Management opened a new position in TJX Companies worth $43.2M.
- Fred Alger Management's largest Q2 2016 buy was TJX Companies: 1,117,850 shares worth $43.2M.
- Fred Alger Management added most to Amazon in Q2 2016, an estimated $149M increase.
- Fred Alger Management's biggest Q2 2016 reduction was McDonald's, cutting an estimated $149M.
- Fred Alger Management fully exited JARDEN CORPORATION in Q2 2016, selling an estimated $258M.
- Fred Alger Management's ten largest holdings make up 36% of its $18.9B portfolio in Q2 2016.
- Fred Alger Management opened 47 new positions and closed 77 in Q2 2016.
- Fred Alger Management's portfolio value fell 4.1% quarter-over-quarter to $18.9B.
Based on Fred Alger Management's 13F filing for Q2 2016, filed 15 Aug 2016.