FRED ALGER MANAGEMENT, LLC

CIK

3520

Location

NEW YORK, NY

Portfolio Value

Small $548,712,511

Diversification

Diversified

Filing Date

Global Rank

#172 / 8,232 ▲ 6

Top Industry

Semiconductors 19.6%

3Y Alpha vs SPY

+1.5%

Period ended 2 months ago

Filed May 15, 2026 · 30d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+83.0%

SPY

+76.3%

Annualised alpha

+1.5%

Max drawdown

−27.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

437 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

13.3%

+1.4 pts

Top 5

39.1%

−0.4 pts

Top 10

56.8%

−0.4 pts

HHI

447

Diversified+6

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	41.4%	$8,870,556,311	95
Communication Services	14.1%	$3,015,668,975	18
Consumer Cyclical	13.6%	$2,908,916,437	34
Healthcare	11.7%	$2,500,137,110	118
Industrials	10.5%	$2,241,818,560	72
Financial Services	3.1%	$669,298,596	41
Utilities	2.6%	$548,712,511	8
Real Estate	0.9%	$190,738,672	10
Basic Materials	0.8%	$167,508,939	9
Consumer Defensive	0.8%	$166,875,941	18
Energy	0.7%	$147,254,103	14

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
QXO	QXO, Inc.	+6,480,775	22,404,712	$435,099,507
FIGR	Figure Technology Solutions, Inc.	+2,188,858	3,838,851	$130,328,991
NBIS	Nebius Group N.V.	+1,661,403	9,599,306	$996,023,990
ARWR	Arrowhead Pharmaceuticals, Inc.	+1,509,496	3,342,493	$209,574,311
DNTH	Dianthus Therapeutics, Inc. /DE/	+1,128,463	1,161,923	$97,508,578
NVDA	Nvidia Corp	+1,081,244	16,381,918	$2,857,006,498
MGY	Magnolia Oil & Gas Corp	+1,023,154	1,195,380	$37,738,146
GFL	GFL Environmental Inc.	+994,511	6,017,527	$251,051,226
ROIV	Roivant Sciences Ltd.	+813,314	925,186	$25,627,652
ALAB	Astera Labs, Inc.	+638,317	2,573,005	$282,001,348
SE	Sea Ltd	+603,525	3,370,698	$279,127,501
PLTR	Palantir Technologies Inc.	+577,876	651,134	$95,247,881
WELL	Welltower Inc.	+474,114	533,533	$105,484,809
SN	SharkNinja, Inc.	+472,223	509,518	$53,957,956
NRG	Nrg Energy, Inc.	+470,692	497,083	$72,643,709
CDNL	Cardinal Infrastructure Group Inc.	+441,754	686,585	$27,226,527
BSX	Boston Scientific Corp	+357,944	1,454,619	$91,277,342
SHOP	Shopify Inc.	+342,669	930,697	$110,399,277
IREN	IREN Ltd	+312,153	325,090	$11,144,085
KRMN	Karman Holdings Inc.	+282,470	436,201	$34,917,890
MRK	Merck & Co., Inc.	+276,750	321,001	$38,613,210
JNJ	Johnson & Johnson	+269,777	334,592	$81,787,668
PCVX	Vaxcyte, Inc.	+212,307	270,115	$15,696,382
MP	MP Materials Corp. / DE	+210,937	498,037	$24,035,265
HTFL	Heartflow, Inc.	+197,798	638,306	$15,529,984
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
U	Unity Software Inc.	−1,319,913	11,063	$242,722
GLXY	Galaxy Digital Inc.	−1,073,668	91,583	$1,689,706
PGNY	Progyny, Inc.	−819,997	596,819	$10,133,986
VST	Vistra Corp.	−803,717	146,123	$21,966,669
NFLX	Netflix Inc	−719,070	2,032,997	$195,472,660
OWL	Blue Owl Capital Inc.	−681,550	45,855	$418,656
ONT	Onterris, Inc.	−680,561	387,994	$8,493,188
TLN	Talen Energy Corp	−618,141	1,185,953	$378,591,776
FA	First Advantage Corp	−554,972	990,668	$11,650,255
SMTC	Semtech Corp	−524,247	335,608	$25,804,898
WRBY	Warby Parker Inc.	−514,425	17,797	$374,982
NCNO	nCino, Inc.	−504,965	981,372	$14,700,952
APP	AppLovin Corp	−499,354	1,173,040	$466,869,920
RGEN	Repligen Corp	−476,753	434,774	$51,225,072
UPST	Upstart Holdings, Inc.	−446,605	559,525	$14,351,815
SGI	Somnigroup International Inc.	−394,681	268,843	$19,872,874
STEP	StepStone Group Inc.	−393,830	512,242	$24,444,188
DD	DuPont de Nemours, Inc.	−365,185	2,024,564	$92,725,031
SPOT	Spotify Technology S.A.	−363,924	99,688	$48,339,708
RXO	RXO, Inc.	−352,134	509,550	$7,449,621
VERX	Vertex, Inc.	−340,318	99,097	$1,178,263
QURE	uniQure N.V.	−323,223	21,655	$354,059
ENVX	Enovix Corp	−319,720	1,972,595	$10,218,042
CEG	Constellation Energy Corp	−297,064	211,998	$59,200,441
TPC	Tutor Perini Corp	−296,111	809,737	$62,503,598
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	768,754	$151,613,662
ANET	Arista Networks, Inc.	682,773	$83,830,868
EQPT	EquipmentShare.com Inc	2,466,238	$50,237,268
VEEV	Veeva Systems Inc	222,421	$39,070,472
DOCN	DigitalOcean Holdings, Inc.	344,756	$29,573,168
LRN	Stride, Inc.	325,825	$28,727,989
SIMO	Silicon Motion Technology CORP	160,891	$18,066,448
MIR	Mirion Technologies, Inc.	909,606	$16,909,575
LNG	Cheniere Energy, Inc.	50,740	$14,397,982
VNOM	Viper Energy, Inc.	253,213	$11,898,478
LNTH	Lantheus Holdings, Inc.	136,254	$10,334,865
CRGY	Crescent Energy Co	541,334	$7,308,009
PL	Planet Labs PBC	175,784	$4,913,162
NEO	Neogenomics Inc	651,649	$4,835,235
FANG	Diamondback Energy, Inc.	22,105	$4,372,147
ALNY	Alnylam Pharmaceuticals, Inc.	12,597	$4,167,969
ODFL	Old Dominion Freight Line, Inc.	20,982	$4,099,882
ERAS	Erasca, Inc.	236,824	$3,831,812
EW	Edwards Lifesciences Corp	42,441	$3,398,675
TNGX	Tango Therapeutics, Inc.	150,070	$3,139,464
SYRE	Spyre Therapeutics, Inc.	59,453	$2,998,809
ADI	Analog Devices Inc	8,803	$2,800,586
LITE	Lumentum Holdings Inc.	3,674	$2,581,940
MSGS	Madison Square Garden Sports Corp.	7,601	$2,442,961
LHX	L3harris Technologies, Inc. /De/	6,986	$2,411,217
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BLDR	Builders FirstSource, Inc.	375,723	$38,658,139
SNOW	Snowflake Inc.	105,532	$23,149,499
BABA	Alibaba Group Holding Ltd	134,569	$19,725,124
STVN	Stevanato Group S.p.A.	834,043	$16,780,945
GLBE	Global-E Online Ltd.	381,119	$14,981,787
COMP	Compass, Inc.	1,270,563	$13,429,850
UAL	United Airlines Holdings, Inc.	98,634	$11,029,253
KEYS	Keysight Technologies, Inc.	43,319	$8,801,987
FICO	Fair Isaac Corp	4,793	$8,103,141
CSGP	Costar Group, Inc.	112,357	$7,554,884
ARX	Accelerant Holdings	439,698	$7,189,061
CWAN	Clearwater Analytics Holdings, Inc.	260,908	$6,293,100
PCTY	Paylocity Holding Corp	33,714	$5,141,385
PCOR	Procore Technologies, Inc.	64,445	$4,687,729
W	Wayfair Inc.	45,619	$4,580,603
PIPR	Piper Sandler Companies	48,672	$4,133,590
EL	Estee Lauder Companies Inc	38,681	$4,050,674
GMAB	Genmab A/S	130,470	$4,018,476
DASH	DoorDash, Inc.	17,510	$3,965,664
PODD	Insulet Corp	11,077	$3,148,526
EXE	EXPAND ENERGY Corp	26,538	$2,928,733
CVS	CVS HEALTH Corp	35,203	$2,793,710
BLKB	Blackbaud Inc	37,053	$2,346,195
CAPR	Capricor Therapeutics, Inc.	80,793	$2,331,685
EHC	Encompass Health Corp	20,596	$2,186,059
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

8 positions · $548,712,511 total · Utilities only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TLN	Talen Energy Corp Utilities	Reduced	1,185,953	-618,141	$378,591,776	−44.0%	69.00%
NRG	Nrg Energy, Inc. Utilities	Added	497,083	+470,692	$72,643,709	+1628.6%	13.24%
CEG	Constellation Energy Corp Utilities	Reduced	211,998	-297,064	$59,200,441	−67.1%	10.79%
VST	Vistra Corp. Utilities	Reduced	146,123	-803,717	$21,966,669	−85.7%	4.00%
NEE	Nextera Energy Inc Utilities	Reduced	54,871	-38	$5,096,418	+15.6%	0.93%
SRE	Sempra Utilities	Reduced	51,129	-34	$4,968,204	+10.0%	0.91%
ED	Consolidated Edison Inc Utilities	Reduced	36,035	-24	$4,078,441	+13.9%	0.74%
IDA	Idacorp Inc Utilities	Reduced	15,156	-140	$2,166,853	+11.9%	0.39%