FRED ALGER MANAGEMENT, LLC

Other Low signal CIK 3520
League rank
#39
in Other · #324 overall
Long book
$22.77B
Q1 2026
Positions
443
Top-10 weight
56%
concentration
Last quarter
+24.8%
SPY +14.8%
Turnover
27%
of book per quarter

Strategy in plain words

auto-generated from filings

FRED ALGER MANAGEMENT, LLC is an institutional manager, running a $22.77B US long book across 443 positions.

The portfolio is concentrated: the top 10 names carry 56% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, MICROSOFT CORP, AMAZON.COM INC, APPLE INC, ALPHABET INC-CL C.

Over the last 9 quarters its long book ran on average 2.5pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+6.4%
Q2 2024
+4.9%
Q3 2024
+10.1%
Q4 2024
-12.4%
Q1 2025
+26.3%
Q2 2025
+15.1%
Q3 2025
-1.8%
Q4 2025
-10.5%
Q1 2026
+24.8%

Sector allocation

Technology
57%
Consumer discretionary
10%
Healthcare
10%
Industrials
9%
Utilities
4%
Services media
3%
Financials
3%
Communications
1%

Long book by quarter

$20.17B
Q1 2024
$20.56B
Q2 2024
$20.63B
Q3 2024
$20.99B
Q4 2024
$17.56B
Q1 2025
$22.34B
Q2 2025
$25.69B
Q3 2025
$25.50B
Q4 2025
$22.77B
Q1 2026

What does FRED ALGER own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology16.4M$2.86B12.5%+7.1%
MSFT MICROSOFT CORPTechnology5.0M$1.85B8.1%-0.1%
AMZN AMAZON.COM INCConsumer discretionary7.2M$1.49B6.5%+1.4%
AAPL APPLE INCTechnology4.6M$1.18B5.2%+1.9%
GOOG ALPHABET INC-CL CTechnology3.8M$1.10B4.8%+8.7%
META META PLATFORMS INC-CLASS ATechnology1.8M$1.02B4.5%-9.6%
NBIS NEBIUS GROUP NVTechnology9.6M$996.0M4.4%+20.9%
AVGO BROADCOM INCTechnology2.9M$912.9M4.0%+2.5%
WDC WESTERN DIGITAL CORPTechnology2.7M$719.5M3.2%-0.9%
TSLA TESLA INCIndustrials1.8M$678.7M3.0%+10.4%
APP APPLOVIN CORP-CLASS ATechnology1.2M$466.9M2.1%-29.9%
QXO QXO INCConsumer discretionary22.4M$435.1M1.9%+40.7%
TLN TALEN ENERGY CORPUtilities1.2M$378.6M1.7%-34.3%
NTRA NATERA INCHealthcare1.8M$351.3M1.5%-3.6%
GEV GE VERNOVA INCIndustrials340.7K$297.6M1.3%-20.7%
ALAB ASTERA LABS INCTechnology2.6M$282.0M1.2%+33.0%
GFL GFL ENVIRONMENTAL INC-SUB VTUtilities6.0M$251.1M1.1%+19.8%
ARWR ARROWHEAD PHARMACEUTICALS INHealthcare3.3M$209.6M0.9%+82.4%
HEI/A HEICO CORP-CLASS AIndustrials961.4K$202.9M0.9%+7.7%
NFLX NETFLIX INCServices media2.0M$195.5M0.9%-26.1%
ISRG INTUITIVE SURGICAL INCHealthcare386.7K$178.3M0.8%+10.2%
MELI MERCADOLIBRE INCServices media94.7K$163.8M0.7%+9.3%
AZN ASTRAZENECA PLCHealthcare768.8K$151.4M0.7%New
ROKU ROKU INCCommunications1.6M$150.6M0.7%+11.9%
RKT ROCKET COS INC-CLASS AFinancials10.2M$145.2M0.6%0.0%
BIIB BIOGEN INCHealthcare733.2K$134.4M0.6%-8.2%
FIGR FIGURE TECHNOLOGY SOLUT-CL AFinancials3.8M$130.3M0.6%+132.7%
VRT VERTIV HOLDINGS CO-ATechnology472.9K$118.5M0.5%-18.3%
NET CLOUDFLARE INC - CLASS ATechnology538.1K$111.0M0.5%+22.7%
CAH CARDINAL HEALTH INCConsumer discretionary522.5K$110.4M0.5%+29.1%
SHOP SHOPIFY INC - CLASS ATechnology930.7K$110.4M0.5%+58.3%
LLY ELI LILLY & COHealthcare118.8K$109.2M0.5%+18.1%
MDB MONGODB INCTechnology438.6K$107.4M0.5%-21.9%
DNTH DIANTHUS THERAPEUTICS INCHealthcare1.2M$97.5M0.4%+3372.6%
RBC RBC BEARINGS INCIndustrials179.1K$97.3M0.4%+3.0%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology651.1K$95.2M0.4%+788.8%
DD DUPONT DE NEMOURS INCMaterials2.0M$92.7M0.4%-15.3%
BSX BOSTON SCIENTIFIC CORPHealthcare1.5M$91.3M0.4%+32.6%
ANET ARISTA NETWORKS INCTechnology682.8K$83.8M0.4%New
JNJ JOHNSON & JOHNSONHealthcare334.6K$81.8M0.4%+416.2%
HOOD ROBINHOOD MARKETS INC - AFinancials1.1M$77.2M0.3%+17.7%
NRG NRG ENERGY INCUtilities497.1K$72.6M0.3%+1783.5%
GOOGL ALPHABET INC-CL ATechnology231.5K$66.6M0.3%-4.8%
TPC TUTOR PERINI CORPIndustrials809.7K$62.5M0.3%-26.8%
CEG CONSTELLATION ENERGYUtilities212.0K$59.2M0.3%-58.4%
FTAI FTAI AVIATION LTDServices media239.9K$58.8M0.3%-36.3%
GH GUARDANT HEALTH INCHealthcare622.3K$57.5M0.3%+5.5%
HEI HEICO CORPIndustrials198.0K$54.3M0.2%+1.5%
SN SHARKNINJA INCIndustrials509.5K$54.0M0.2%+1266.2%
RGEN REPLIGEN CORPHealthcare434.8K$51.2M0.2%-52.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026525$22.77B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026590$25.50B canonicalSEC ↗
Q3 202513F-HRNov 14, 2025581$25.69B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025575$22.34B canonicalSEC ↗
Q1 202513F-HRMay 16, 2025518$17.56B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025505$20.99B canonicalSEC ↗
Q3 202413F-HRNov 14, 2024489$20.63B canonicalSEC ↗
Q2 202413F-HRAug 14, 2024483$20.57B canonicalSEC ↗
Q1 202413F-HRMay 15, 2024499$20.17B canonicalSEC ↗