FRED ALGER MANAGEMENT, LLCFRED ALGER MANAGEMENT, LLC

Institutional investor · Portfolio as of Q1 2024

SEC EDGAR SourceSEC Filings
$20.2B
AUM
443
Positions
Q1 2024
Filing
Rating · 3.5
Quarterly Portfolio Change
-7%Q4'22$18.4B+1%Q1'23$18.7B+5%Q2'23$19.6B-11%Q3'23$17.4B+7%Q4'23$18.5B+9%Q1'24$20.2B
Activity profile
$ moved · Q1'24
New10%Increased35%Decreased49%Exited6%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 3.6 years
<1Q6%1-4Q10%1-2Y8%2Y+76%

FRED ALGER MANAGEMENT, LLC manages $20.2B across 443 positions as of Q1 2024. Top holdings: MSFT (10.2%), NVDA (7.2%), AMZN (5.7%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 3.5/5.0.

Q1 2024 Summary

Active quarter - 64 new positions, 63 exits, 168 increased. Top move: MU (INCREASED, conviction 69). Portfolio: $20.2B across 443 positions.

Top holdings by portfolio weight

Total AUM$20B
MSFT10.18%
NVDA7.21%
AMZN5.74%
META4.65%
AAPL3.68%
NTRA2.97%
GOOG2.59%
V1.81%
NFLX1.34%
AMD1.32%
Other1.29%

Portfolio allocation by GICS sector

Sectors11
Technology38.33%
Healthcare16.45%
Consumer Cyclical11.73%
Communication Services11.10%
Industrials10.52%
Financial Services4.93%
Unknown2.19%
Real Estate1.38%
Consumer Defensive1.29%
Basic Materials1.08%
Other1.01%

Behavioral investing profile

7-dimension quality assessment
Strong(3.5 / 5.0)
Track Record63
Conviction42
Concentration0
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Holdings443 positions

Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction

MICROSOFT CORP

4.9M$2.1B10.2%$104.93+295.81%
22 qtrssince 2018-Q4
Increased
62

NVIDIA CORPORATION

1.6M$1.5B7.2%$18.13+398.12%
22 qtrssince 2018-Q4
Decreased
0

AMAZON COM INC

6.4M$1.2B5.7%$109.23+65.14%
22 qtrssince 2018-Q4
Increased
62

META PLATFORMS INC

1.9M$937.7M4.6%$258.88+86.46%
22 qtrssince 2018-Q4
Decreased
0

APPLE INC

4.3M$741.4M3.7%$116.17+46.27%
22 qtrssince 2018-Q4
Decreased
0

NATERA INC

6.5M$598.8M3.0%$51.66+77.03%
22 qtrssince 2018-Q4
Decreased
0

ALPHABET INC

3.4M$523.3M2.6%$103.66+45.79%
22 qtrssince 2018-Q4
Decreased
0

VISA INC

1.3M$365.8M1.8%$183.33+49.98%
22 qtrssince 2018-Q4
Decreased
0

NETFLIX INC.

444,287$269.8M1.3%$40.18+51.13%
22 qtrssince 2018-Q4
Increased
68

ADVANCED MICRO DEVICES INC

1.5M$266.5M1.3%$131.66+37.09%
22 qtrssince 2018-Q4
Increased
52

BROADCOM INC

196,988$261.1M1.3%$101.39+28.38%
22 qtrssince 2018-Q4
Increased
62
TSMTSM
ADR

TAIWAN SEMICONDUCTOR MANUFAC

1.9M$256.2M1.3%$96.35+37.93%
20 qtrssince 2019-Q2
Increased
59

TRANSDIGM GROUP INC

205,264$252.8M1.3%$485.19+124.96%
22 qtrssince 2018-Q4
Decreased
0

ELI LILLY & CO

323,989$252.1M1.2%$494.94+55.02%
22 qtrssince 2018-Q4
Increased
55

VERTIV HOLDINGS CO

2.8M$224.7M1.1%$35.67+128.44%
5 qtrssince 2023-Q1
Decreased
0

MARVELL TECHNOLOGY INC

3.1M$220.7M1.1%$40.27+74.89%
7 qtrssince 2022-Q3
Decreased
0

MERCADOLIBRE INC

143,456$216.9M1.1%$1,018.95+48.38%
21 qtrssince 2019-Q1
Decreased
0

PINTEREST INC

5.9M$204.5M1.0%$28.95+19.76%
6 qtrssince 2022-Q4
Increased
52

MARTIN MARIETTA MATLS INC

332,443$204.1M1.0%$348.15+74.61%
5 qtrssince 2023-Q1
Decreased
0

MICRON TECHNOLOGY INC

1.7M$201.3M1.0%$109.20+7.25%
2 qtrssince 2023-Q4
Increased
69
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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