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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
+16.04%
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
$34.4B
AUM Growth
+$4.09B
(+13%)
Cap. Flow
+$290M
Cap. Flow
% of AUM
0.84%
Top 10 Holdings %
Top 10 Hldgs %
33.66%
Holding
538
New
44
Increased
179
Reduced
177
Closed
80
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Qualcomm
QCOM
|
+$307M |
| 2 |
Advanced Micro Devices
AMD
|
+$128M |
| 3 |
TSMC
TSM
|
+$118M |
| 4 |
Natera
NTRA
|
+$111M |
| 5 |
RingCentral
RNG
|
+$94.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$195M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$141M |
| 3 |
Novartis
NVS
|
+$108M |
| 4 |
Danaher
DHR
|
+$106M |
| 5 |
EPAM Systems
EPAM
|
+$104M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.72% |
| 2 | Healthcare | 20.4% |
| 3 | Consumer Discretionary | 16.37% |
| 4 | Communication Services | 9.55% |
| 5 | Financials | 7.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.79T
| $2B | 5.82% |
12,724,880
-427,500
| -3% | -$67.4M |
|
2
Microsoft
MSFT
$3.71T
| $1.85B | 5.37% |
8,791,780
-121,820
| -1% | -$25.6M |
|
3
Apple
AAPL
$4.67T
| $1.63B | 4.74% |
14,098,809
-362,931
| -3% | -$39.6M |
|
4
Visa
V
$700B
| $1.07B | 3.11% |
5,359,976
+156,407
| +3% | +$31.2M |
|
5
Alibaba
BABA
$281B
| $1.03B | 2.99% |
3,508,733
-115,090
| -3% | -$30.3M |
|
6
Meta Platforms (Facebook)
META
$1.57T
| $941M | 2.73% |
3,592,338
-222,820
| -6% | -$57.5M |
|
7
Salesforce
CRM
$213B
| $829M | 2.41% |
3,297,688
+109,825
| +3% | +$24M |
|
8
Adobe
ADBE
$106B
| $807M | 2.34% |
1,645,528
+159,564
| +11% | +$74.2M |
|
9
T-Mobile US
TMUS
$195B
| $730M | 2.12% |
6,383,716
+289,280
| +5% | +$32.1M |
|
|
10
Danaher
DHR
$146B
| $699M | 2.03% |
3,660,155
-598,247
| -14% | -$106M |
|
|
11
Alphabet (Google) Class C
GOOG
$4.1T
| $666M | 1.93% |
9,065,040
-1,854,140
| -17% | -$141M |
|
12
PayPal
PYPL
$47B
| $560M | 1.63% |
2,843,043
+217,874
| +8% | +$41M |
|
13
NVIDIA
NVDA
$5.56T
| $493M | 1.43% |
36,462,240
-7,040,360
| -16% | -$81.9M |
|
14
Fidelity National Information Services
FIS
$21.6B
| $447M | 1.3% |
3,033,326
-681,981
| -18% | -$98.6M |
|
|
15
Natera
NTRA
$47.3B
| $402M | 1.17% |
5,558,291
+1,952,490
| +54% | +$111M |
|
16
Chegg
CHGG
$94.5M
| $385M | 1.12% |
5,389,427
+832,897
| +18% | +$61.3M |
|
17
Boston Scientific
BSX
$69.3B
| $376M | 1.09% |
9,835,040
-15,751
| -0.2% | -$607K |
|
18
Veeva Systems
VEEV
$44.5B
| $364M | 1.06% |
1,293,779
-3,093
| -0.2% | -$815K |
|
19
QuidelOrtho
QDEL
$958M
| $353M | 1.02% |
1,609,095
+39,184
| +2% | +$8.74M |
|
|
20
Qualcomm
QCOM
$180B
| $345M | 1% |
2,933,539
+2,875,893
| +4,989% | +$307M |
|
21
Lowe's Companies
LOW
$115B
| $344M | 1% |
2,075,949
-622,108
| -23% | -$95.8M |
|
22
Insulet
PODD
$10.2B
| $344M | 1% |
1,452,980
+98,458
| +7% | +$20.7M |
|
|
23
UnitedHealth
UNH
$356B
| $300M | 0.87% |
961,622
-635,466
| -40% | -$195M |
|
24
NXP Semiconductors
NXPI
$57.5B
| $299M | 0.87% |
2,399,507
-51,310
| -2% | -$6.26M |
|
|
NVRO
25
DELISTED
NEVRO CORP.
NVRO
| $295M | 0.86% |
2,116,926
+35,571
| +2% | +$4.75M |
|
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GMC
OAG
Fred Alger Management's Q3 2020 Portfolio in Review
As of Q3 2020, Fred Alger Management held 538 positions worth $34.4B, up 13% from $30.4B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Fred Alger Management's Q3 2020 filing shows 44 new, 179 increased, 177 reduced and 80 closed positions. Its largest new stake was iRhythm Holdings: 503,640 shares worth $120M. The largest sale was UnitedHealth, an estimated $195M.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 34% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Fred Alger Management's largest Q3 2020 buy was iRhythm Holdings: 503,640 shares worth $120M.
- Fred Alger Management added most to Qualcomm in Q3 2020, an estimated $307M increase.
- Fred Alger Management's biggest Q3 2020 reduction was UnitedHealth, cutting an estimated $195M.
- Fred Alger Management fully exited Hologic in Q3 2020, selling an estimated $7.3M.
- Fred Alger Management's ten largest holdings make up 34% of its $34.4B portfolio in Q3 2020.
- Fred Alger Management opened 44 new positions and closed 80 in Q3 2020.
- Fred Alger Management's portfolio value rose 13% quarter-over-quarter to $34.4B.
Based on Fred Alger Management's 13F filing for Q3 2020, filed 13 Nov 2020.