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
+17.72%
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
$18.5B
AUM Growth
+$1.14B
(+6.5%)
Cap. Flow
-$1.33B
Cap. Flow
% of AUM
-7.2%
Top 10 Holdings %
Top 10 Hldgs %
39.28%
Holding
503
New
42
Increased
140
Reduced
229
Closed
60
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amgen
AMGN
|
+$91.1M |
| 2 |
Advanced Micro Devices
AMD
|
+$86.6M |
| 3 |
Broadcom
AVGO
|
+$78.2M |
| 4 |
Vertiv
VRT
|
+$76.7M |
| 5 |
Burlington
BURL
|
+$42.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$142M |
| 2 |
Trip.com Group
TCOM
|
+$101M |
| 3 |
Tesla
TSLA
|
+$87.5M |
| 4 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$83.1M |
| 5 |
Trade Desk
TTD
|
+$80.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 37.38% |
| 2 | Healthcare | 19.58% |
| 3 | Consumer Discretionary | 11.08% |
| 4 | Industrials | 10.46% |
| 5 | Communication Services | 10.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.83T
| $1.83B | 9.9% |
4,879,682
-37,448
| -0.8% | -$13.3M |
|
2
Amazon
AMZN
$2.51T
| $972M | 5.24% |
6,395,014
+89,252
| +1% | +$12.5M |
|
3
Apple
AAPL
$4.72T
| $951M | 5.13% |
4,938,902
+20,751
| +0.4% | +$3.83M |
|
|
4
NVIDIA
NVDA
$5.06T
| $910M | 4.91% |
18,368,520
-3,066,390
| -14% | -$142M |
|
5
Meta Platforms (Facebook)
META
$1.54T
| $727M | 3.92% |
2,053,213
-68,402
| -3% | -$22.3M |
|
6
Alphabet (Google) Class C
GOOG
$3.89T
| $551M | 2.97% |
3,912,547
-504,883
| -11% | -$68.5M |
|
7
Natera
NTRA
$37.9B
| $443M | 2.39% |
7,076,651
+120,465
| +2% | +$6.02M |
|
8
Visa
V
$669B
| $380M | 2.05% |
1,459,181
-73,237
| -5% | -$18.1M |
|
9
Mercado Libre
MELI
$91.2B
| $266M | 1.43% |
169,148
-7,134
| -4% | -$10.1M |
|
10
TransDigm Group
TDG
$67.9B
| $246M | 1.33% |
243,150
-56,294
| -19% | -$51.9M |
|
11
Adobe
ADBE
$84.3B
| $222M | 1.2% |
371,643
-38,593
| -9% | -$22.3M |
|
12
Marvell Technology
MRVL
$188B
| $218M | 1.18% |
3,611,022
-425,542
| -11% | -$23M |
|
13
GFL Environmental
GFL
$14.1B
| $206M | 1.11% |
5,983,275
-67,678
| -1% | -$2.06M |
|
14
Pinterest
PINS
$12.3B
| $204M | 1.1% |
5,499,743
+827,678
| +18% | +$26M |
|
|
15
Advanced Micro Devices
AMD
$880B
| $202M | 1.09% |
1,370,573
+734,510
| +115% | +$86.6M |
|
16
Martin Marietta Materials
MLM
$32.8B
| $197M | 1.06% |
394,799
-18,913
| -5% | -$8.53M |
|
17
S&P Global
SPGI
$124B
| $195M | 1.05% |
442,354
-32,837
| -7% | -$13M |
|
18
UnitedHealth
UNH
$385B
| $191M | 1.03% |
363,445
-23,658
| -6% | -$12.6M |
|
|
19
Tesla
TSLA
$1.26T
| $189M | 1.02% |
761,959
-368,117
| -33% | -$87.5M |
|
20
FirstService
FSV
$6.03B
| $176M | 0.95% |
1,084,853
-140,483
| -11% | -$21.2M |
|
|
21
Vertiv
VRT
$117B
| $168M | 0.9% |
3,488,711
+1,801,427
| +107% | +$76.7M |
|
22
Eli Lilly
LLY
$1.06T
| $165M | 0.89% |
283,372
+52,243
| +23% | +$30.5M |
|
|
23
Broadcom
AVGO
$1.87T
| $165M | 0.89% |
1,474,830
+825,640
| +127% | +$78.2M |
|
24
TSMC
TSM
$2.16T
| $160M | 0.86% |
1,535,626
-47,069
| -3% | -$4.49M |
|
25
ServiceNow
NOW
$95.1B
| $158M | 0.85% |
1,116,760
+8,310
| +0.7% | +$1.05M |
|
Similar funds
CAM
BA
AM
SAM
CHP
Fred Alger Management's Q4 2023 Portfolio in Review
As of Q4 2023, Fred Alger Management held 503 positions worth $18.5B, up 6.5% from $17.4B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Fred Alger Management withdrew a net $1.33B in Q4 2023, closing 60 positions and reducing 229 holdings. Its most notable exit was Albemarle, an estimated $77.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 37% 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 Micron Technology worth $35.6M.
- Fred Alger Management's largest Q4 2023 buy was Micron Technology: 417,196 shares worth $35.6M.
- Fred Alger Management added most to Amgen in Q4 2023, an estimated $91.1M increase.
- Fred Alger Management's biggest Q4 2023 reduction was NVIDIA, cutting an estimated $142M.
- Fred Alger Management fully exited Albemarle in Q4 2023, selling an estimated $77.2M.
- Fred Alger Management's ten largest holdings make up 39% of its $18.5B portfolio in Q4 2023.
- Fred Alger Management opened 42 new positions and closed 60 in Q4 2023.
- Fred Alger Management's portfolio value rose 6.5% quarter-over-quarter to $18.5B.
Based on Fred Alger Management's 13F filing for Q4 2023, filed 14 Feb 2024.