FRED ALGER MANAGEMENT, LLCFRED ALGER MANAGEMENT, LLC

Institutional investor · Portfolio as of Q3 2019

SEC EDGAR SourceSEC Filings
$25.5B
AUM
478
Positions
Q3 2019
Filing
Rating · 3.5
Quarterly Portfolio Change
+16%Q1'19$25.1B+4%Q2'19$26B-2%Q3'19$25.5B
Activity profile
$ moved · Q3'19
New4%Increased43%Decreased49%Exited5%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 2.5 quarters
<1Q11%1-4Q88%1-2Y0%2Y+1%

FRED ALGER MANAGEMENT, LLC manages $25.5B across 478 positions as of Q3 2019. Top holdings: MSFT (7.2%), AMZN (6.0%), V (3.8%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 3.5/5.0.

Q3 2019 Summary

Active quarter - 64 new positions, 94 exits, 175 increased. Top move: BABA (INCREASED, conviction 87). Portfolio: $25.5B across 478 positions.

Top holdings by portfolio weight

Total AUM$25B
MSFT7.16%
AMZN5.99%
V3.76%
META3.21%
AAPL3.21%
CRM3.01%
GOOG2.90%
ADBE2.57%
BABA2.35%
DHR1.76%
Other1.69%

Portfolio allocation by GICS sector

Sectors11
Technology25.96%
Healthcare17.90%
Consumer Cyclical15.19%
Unknown10.14%
Financial Services9.00%
Communication Services8.88%
Industrials6.02%
Consumer Defensive3.21%
Basic Materials2.19%
Real Estate1.39%
Other0.11%

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.

Holdings478 positions

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

MICROSOFT CORP

13.1M$1.8B7.2%$93.93+38.75%
4 qtrssince 2018-Q4
Decreased
0

AMAZON COM INC

878,738$1.5B6.0%$73.90+16.74%
4 qtrssince 2018-Q4
Decreased
0

VISA INC

5.6M$959.2M3.8%$124.45+33.52%
4 qtrssince 2018-Q4
Decreased
0

META PLATFORMS INC

4.6M$819M3.2%$148.55+18.39%
4 qtrssince 2018-Q4
Increased
64

APPLE INC

3.7M$818M3.2%$42.16+24.73%
4 qtrssince 2018-Q4
Increased
71

SALESFORCE INC

5.2M$766.4M3.0%$136.37+7.41%
4 qtrssince 2018-Q4
Increased
58

ALPHABET INC

605,250$737.8M2.9%$51.47+18.13%
4 qtrssince 2018-Q4
Decreased
0

ADOBE INC

2.4M$654.5M2.6%$223.13+24.38%
4 qtrssince 2018-Q4
Decreased
0
BABABABA
ADR

ALIBABA GROUP HLDG LTD

3.6M$599.7M2.4%$152.91+3.09%
4 qtrssince 2018-Q4
Increased
87

DANAHER CORP DEL

3.1M$449M1.8%$96.09+27.10%
4 qtrssince 2018-Q4
Decreased
0

ABBOTT LABORATORIES

5.1M$430.1M1.7%$64.96+12.31%
4 qtrssince 2018-Q4
Increased
57

BOSTON SCIENTIFIC CORP

10.1M$411M1.6%$34.96+15.29%
4 qtrssince 2018-Q4
Decreased
0

FIDELITY NATL INFORMATION SV

2.9M$382.6M1.5%$111.29+3.79%
4 qtrssince 2018-Q4
Increased
79

SHERWIN WILLIAMS CO

552,864$304M1.2%$131.47+30.58%
4 qtrssince 2018-Q4
Increased
56

PAYPAL HLDGS INC

2.9M$301.3M1.2%$83.07+22.74%
4 qtrssince 2018-Q4
Decreased
0

NXP SEMICONDUCTORS N V

2.6M$284.6M1.1%$93.97+2.22%
4 qtrssince 2018-Q4
Increased
78

DOLLAR TREE INC

2.4M$278.9M1.1%$102.04+12.01%
4 qtrssince 2018-Q4
Increased
63

INTERCONTINENTAL EXCHANGE IN

3M$276.8M1.1%$71.56+19.23%
4 qtrssince 2018-Q4
Decreased
0

INSULET CORP

1.7M$273.7M1.1%$79.43+106.30%
4 qtrssince 2018-Q4
Decreased
0

PROGRESSIVE CORP

3.5M$270.4M1.1%$47.70+32.79%
4 qtrssince 2018-Q4
Increased
51
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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