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
+5.88%
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
$21.5B
AUM Growth
-$647M
(-2.9%)
Cap. Flow
-$1.48B
Cap. Flow
% of AUM
-6.88%
Top 10 Holdings %
Top 10 Hldgs %
38.78%
Holding
614
New
58
Increased
200
Reduced
215
Closed
65
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$164M |
| 2 |
Salesforce
CRM
|
+$163M |
| 3 |
SBA Communications
SBAC
|
+$130M |
| 4 |
Boeing
BA
|
+$128M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$496M |
| 2 |
Apple
AAPL
|
+$260M |
| 3 |
Amazon
AMZN
|
+$179M |
| 4 |
Microchip Technology
MCHP
|
+$130M |
| 5 |
Crown Castle
CCI
|
+$129M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.61% |
| 2 | Consumer Discretionary | 16.32% |
| 3 | Healthcare | 15.75% |
| 4 | Communication Services | 12.15% |
| 5 | Financials | 11.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Amazon
AMZN
$2.51T
| $1.63B | 7.6% |
22,590,160
-2,500,840
| -10% | -$179M |
|
|
2
Microsoft
MSFT
$2.83T
| $1.43B | 6.66% |
15,683,255
+1,793,506
| +13% | +$164M |
|
3
Alphabet (Google) Class C
GOOG
$3.89T
| $857M | 3.99% |
16,620,160
-1,736,340
| -9% | -$95.8M |
|
4
Meta Platforms (Facebook)
META
$1.54T
| $821M | 3.82% |
5,137,901
-451,464
| -8% | -$81.1M |
|
5
Visa
V
$669B
| $780M | 3.63% |
6,523,419
+149,143
| +2% | +$18.1M |
|
|
6
Apple
AAPL
$4.72T
| $740M | 3.44% |
17,640,276
-6,029,816
| -25% | -$260M |
|
|
7
Salesforce
CRM
$129B
| $594M | 2.76% |
5,104,620
+1,421,606
| +39% | +$163M |
|
8
UnitedHealth
UNH
$385B
| $569M | 2.65% |
2,659,104
+309,331
| +13% | +$70.7M |
|
9
Home Depot
HD
$324B
| $480M | 2.23% |
2,692,186
+532,317
| +25% | +$99.9M |
|
10
Honeywell
HON
$78B
| $433M | 2.01% |
3,316,238
-59,352
| -2% | -$8.21M |
|
11
Alibaba
BABA
$273B
| $422M | 1.96% |
2,298,375
-326,143
| -12% | -$61.4M |
|
12
Bank of America
BAC
$430B
| $363M | 1.69% |
12,090,183
-2,752,429
| -19% | -$86.5M |
|
13
Intercontinental Exchange
ICE
$81B
| $306M | 1.42% |
4,224,781
+418,202
| +11% | +$30.6M |
|
14
Vertex Pharmaceuticals
VRTX
$120B
| $288M | 1.34% |
1,769,421
-249,477
| -12% | -$40.7M |
|
15
Applied Materials
AMAT
$447B
| $283M | 1.31% |
5,084,047
+202,517
| +4% | +$11.3M |
|
|
RHT
16
DELISTED
Red Hat Inc
RHT
| $259M | 1.2% |
1,732,589
+865,244
| +100% | +$120M |
|
17
Adobe
ADBE
$84.3B
| $256M | 1.19% |
1,184,547
+206,885
| +21% | +$42.1M |
|
18
Danaher
DHR
$135B
| $251M | 1.17% |
2,897,252
+9,280
| +0.3% | +$812K |
|
19
Equinix
EQIX
$102B
| $250M | 1.16% |
598,125
-35,752
| -6% | -$15M |
|
20
Autodesk
ADSK
$43.3B
| $234M | 1.09% |
1,859,654
+154,338
| +9% | +$18.4M |
|
|
AABA
21
DELISTED
Altaba Inc
AABA
| $225M | 1.05% |
3,039,296
+275,992
| +10% | +$20.8M |
|
22
Air Products & Chemicals
APD
$65.5B
| $218M | 1.01% |
1,371,122
-210,027
| -13% | -$34.6M |
|
23
Stanley Black & Decker
SWK
$13.6B
| $204M | 0.95% |
1,331,086
-306,439
| -19% | -$49.7M |
|
|
24
Boeing
BA
$165B
| $201M | 0.94% |
613,492
+380,318
| +163% | +$128M |
|
25
Union Pacific
UNP
$181B
| $198M | 0.92% |
1,471,887
+270,250
| +22% | +$36.4M |
|
Similar funds
CAM
BA
AM
SAM
CHP
Fred Alger Management's Q1 2018 Portfolio in Review
As of Q1 2018, Fred Alger Management held 614 positions worth $21.5B, down 2.9% from $22.2B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Fred Alger Management withdrew a net $1.48B in Q1 2018, closing 65 positions and reducing 215 holdings. Its most notable exit was Broadcom, an estimated $496M position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Fred Alger Management opened a new position in Zayo Group Holdings, Inc. worth $33.9M.
- Fred Alger Management's largest Q1 2018 buy was Zayo Group Holdings, Inc.: 991,263 shares worth $33.9M.
- Fred Alger Management added most to Microsoft in Q1 2018, an estimated $164M increase.
- Fred Alger Management's biggest Q1 2018 reduction was Apple, cutting an estimated $260M.
- Fred Alger Management fully exited Broadcom in Q1 2018, selling an estimated $496M.
- Fred Alger Management's ten largest holdings make up 39% of its $21.5B portfolio in Q1 2018.
- Fred Alger Management opened 58 new positions and closed 65 in Q1 2018.
- Fred Alger Management's portfolio value fell 2.9% quarter-over-quarter to $21.5B.
Based on Fred Alger Management's 13F filing for Q1 2018, filed 10 May 2018.