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FAM
Fred Alger Management Portfolio holdings
AUM
$30B
1-Year Est. Return
76.99%
This Fund
S&P 500
This Quarter
Est. Return
+38%
1 Year Est. Return
+76.99%
3 Year Est. Return
+326.24%
5 Year Est. Return
+435.69%
10 Year Est. Return
+2,724.6%
AUM
$30.4B
AUM Growth
+$7.6B
(+33%)
Cap. Flow
+$167M
Cap. Flow
% of AUM
0.55%
Top 10 Holdings %
Top 10 Hldgs %
34%
Holding
622
New
73
Increased
196
Reduced
171
Closed
128
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
T-Mobile US
TMUS
|
+$401M |
| 2 |
Shake Shack
SHAK
|
+$141M |
| 3 |
BioMarin Pharmaceuticals
BMRN
|
+$121M |
| 4 |
Datadog
DDOG
|
+$98.1M |
| 5 |
Lowe's Companies
LOW
|
+$92.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$184M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$143M |
| 3 |
NVIDIA
NVDA
|
+$136M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$130M |
| 5 |
Thermo Fisher Scientific
TMO
|
+$106M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.96% |
| 2 | Healthcare | 21.98% |
| 3 | Consumer Discretionary | 15% |
| 4 | Communication Services | 9.98% |
| 5 | Financials | 8.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.79T
| $1.81B | 5.98% |
13,152,380
-577,700
| -4% | -$69.8M |
|
|
2
Microsoft
MSFT
$3.71T
| $1.81B | 5.98% |
8,913,600
-1,011,665
| -10% | -$184M |
|
3
Apple
AAPL
$4.67T
| $1.32B | 4.35% |
14,461,740
-147,352
| -1% | -$11.4M |
|
4
Visa
V
$700B
| $1.01B | 3.31% |
5,203,569
+47,559
| +0.9% | +$8.69M |
|
5
Meta Platforms (Facebook)
META
$1.57T
| $866M | 2.85% |
3,815,158
-201,651
| -5% | -$42.1M |
|
6
Alibaba
BABA
$281B
| $782M | 2.58% |
3,623,823
-239,213
| -6% | -$49.8M |
|
|
7
Alphabet (Google) Class C
GOOG
$4.1T
| $772M | 2.54% |
10,919,180
-1,926,540
| -15% | -$130M |
|
8
Danaher
DHR
$146B
| $668M | 2.2% |
4,258,402
+301,337
| +8% | +$43.2M |
|
9
Adobe
ADBE
$106B
| $647M | 2.13% |
1,485,964
-153,859
| -9% | -$57M |
|
|
10
T-Mobile US
TMUS
$195B
| $635M | 2.09% |
6,094,436
+4,185,972
| +219% | +$401M |
|
11
Salesforce
CRM
$213B
| $597M | 1.97% |
3,187,863
-597,377
| -16% | -$101M |
|
12
Fidelity National Information Services
FIS
$21.6B
| $498M | 1.64% |
3,715,307
+416,838
| +13% | +$54.7M |
|
13
UnitedHealth
UNH
$356B
| $471M | 1.55% |
1,597,088
-61,227
| -4% | -$17.5M |
|
14
PayPal
PYPL
$47B
| $457M | 1.51% |
2,625,169
-293,323
| -10% | -$40.5M |
|
|
15
NVIDIA
NVDA
$5.56T
| $413M | 1.36% |
43,502,600
-16,819,960
| -28% | -$136M |
|
|
16
Lowe's Companies
LOW
$115B
| $365M | 1.2% |
2,698,057
+807,027
| +43% | +$92.2M |
|
17
QuidelOrtho
QDEL
$958M
| $351M | 1.16% |
1,569,911
-460,118
| -23% | -$72.1M |
|
18
Boston Scientific
BSX
$69.3B
| $346M | 1.14% |
9,850,791
+828,880
| +9% | +$29.9M |
|
|
19
Vertex Pharmaceuticals
VRTX
$138B
| $324M | 1.07% |
1,114,582
-525,995
| -32% | -$143M |
|
|
AVLR
20
DELISTED
Avalara, Inc.
AVLR
| $314M | 1.03% |
2,357,425
-98,393
| -4% | -$9.67M |
|
21
Chegg
CHGG
$94.5M
| $306M | 1.01% |
4,556,530
-1,597,491
| -26% | -$85.4M |
|
22
Veeva Systems
VEEV
$44.5B
| $304M | 1% |
1,296,872
+21,186
| +2% | +$4.2M |
|
23
S&P Global
SPGI
$131B
| $280M | 0.92% |
850,656
+25,827
| +3% | +$7.77M |
|
24
NXP Semiconductors
NXPI
$57.5B
| $279M | 0.92% |
2,450,817
+340,931
| +16% | +$34.1M |
|
|
EVBG
25
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $271M | 0.89% |
1,956,691
-36,176
| -2% | -$4.7M |
|
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GMC
OAG
Fred Alger Management's Q2 2020 Portfolio in Review
As of Q2 2020, Fred Alger Management held 622 positions worth $30.4B, up 33% from $22.8B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Fred Alger Management's Q2 2020 filing shows 73 new, 196 increased, 171 reduced and 128 closed positions. Its largest new stake was Datadog: 1,611,567 shares worth $140M. The largest sale was Microsoft, an estimated $184M.
By sector, the portfolio is most concentrated in Technology at 34% of assets, up from 33% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Fred Alger Management's largest Q2 2020 buy was Datadog: 1,611,567 shares worth $140M.
- Fred Alger Management added most to T-Mobile US in Q2 2020, an estimated $401M increase.
- Fred Alger Management's biggest Q2 2020 reduction was Microsoft, cutting an estimated $184M.
- Fred Alger Management fully exited Raytheon Company in Q2 2020, selling an estimated $46M.
- Fred Alger Management's ten largest holdings make up 34% of its $30.4B portfolio in Q2 2020.
- Fred Alger Management opened 73 new positions and closed 128 in Q2 2020.
- Fred Alger Management's portfolio value rose 33% quarter-over-quarter to $30.4B.
Based on Fred Alger Management's 13F filing for Q2 2020, filed 14 Aug 2020.