FRED ALGER MANAGEMENT, LLCFRED ALGER MANAGEMENT, LLC

Institutional investor · Portfolio as of Q4 2019

SEC EDGAR SourceSEC Filings
$27.2B
AUM
479
Positions
Q4 2019
Filing
Rating · 3.5
Quarterly Portfolio Change
+16%Q1'19$25.1B+4%Q2'19$26B-2%Q3'19$25.5B+7%Q4'19$27.2B
Activity profile
$ moved · Q4'19
New6%Increased47%Decreased44%Exited2%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 3.2 quarters
<1Q10%1-4Q22%1-2Y66%2Y+2%

FRED ALGER MANAGEMENT, LLC manages $27.2B across 479 positions as of Q4 2019. Top holdings: MSFT (6.5%), AMZN (4.5%), V (3.7%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 3.5/5.0.

Q4 2019 Summary

Active quarter - 72 new positions, 71 exits, 170 increased. Top move: UNH (INCREASED, conviction 69). Portfolio: $27.2B across 479 positions.

Top holdings by portfolio weight

Total AUM$27B
MSFT6.49%
AMZN4.53%
V3.73%
AAPL3.70%
META3.33%
GOOG3.16%
BABA3.04%
CRM2.86%
ADBE2.53%
DHR1.89%
Other1.83%

Portfolio allocation by GICS sector

Sectors11
Technology28.15%
Healthcare18.56%
Consumer Cyclical13.05%
Financial Services10.08%
Unknown9.93%
Communication Services9.22%
Industrials5.58%
Consumer Defensive2.09%
Basic Materials1.68%
Real Estate1.46%
Other0.19%

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.

Holdings479 positions

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

MICROSOFT CORP

11.2M$1.8B6.5%$93.93+59.30%
5 qtrssince 2018-Q4
Decreased
0

AMAZON COM INC

666,209$1.2B4.5%$73.90+24.95%
5 qtrssince 2018-Q4
Decreased
0

VISA INC

5.4M$1B3.7%$124.45+44.36%
5 qtrssince 2018-Q4
Decreased
0

APPLE INC

3.4M$1B3.7%$42.16+66.66%
5 qtrssince 2018-Q4
Decreased
0

META PLATFORMS INC

4.4M$904.8M3.3%$148.55+36.65%
5 qtrssince 2018-Q4
Decreased
0

ALPHABET INC

641,745$858M3.2%$52.31+26.75%
5 qtrssince 2018-Q4
Increased
62
BABABABA
ADR

ALIBABA GROUP HLDG LTD

3.9M$826.8M3.0%$156.86+28.90%
5 qtrssince 2018-Q4
Increased
63

SALESFORCE INC

4.8M$778.2M2.9%$136.37+17.68%
5 qtrssince 2018-Q4
Decreased
0

ADOBE INC

2.1M$686.1M2.5%$223.13+47.15%
5 qtrssince 2018-Q4
Decreased
0

DANAHER CORP DEL

3.4M$514.6M1.9%$98.70+33.75%
5 qtrssince 2018-Q4
Increased
53

UNITEDHEALTH GROUP INC

1.7M$498.3M1.8%$235.59+13.11%
5 qtrssince 2018-Q4
Increased
69

FIDELITY NATL INFORMATION SV

3.1M$432M1.6%$112.12+9.54%
5 qtrssince 2018-Q4
Increased
53

BOSTON SCIENTIFIC CORP

7.9M$359.4M1.3%$34.96+28.67%
5 qtrssince 2018-Q4
Decreased
0

VERTEX PHARMACEUTICALS INC

1.6M$354.4M1.3%$168.33+30.09%
5 qtrssince 2018-Q4
Increased
55

PAYPAL HLDGS INC

3.1M$339.3M1.2%$84.86+26.93%
5 qtrssince 2018-Q4
Increased
53

NXP SEMICONDUCTORS N V

2.3M$294.8M1.1%$93.97+22.76%
5 qtrssince 2018-Q4
Decreased
0

ABBOTT LABORATORIES

3.3M$283.6M1.0%$64.96+19.59%
5 qtrssince 2018-Q4
Decreased
0

INSULET CORP

1.4M$247.7M0.9%$79.43+113.22%
5 qtrssince 2018-Q4
Decreased
0

PROGRESSIVE CORP

3.4M$246.5M0.9%$47.70+24.72%
5 qtrssince 2018-Q4
Decreased
0

TRANSDIGM GROUP INC

436,776$244.6M0.9%$427.10+9.37%
5 qtrssince 2018-Q4
Increased
64
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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