FRED ALGER MANAGEMENT, LLC

NEW YORK, NY · CIK 3520 · 13F filing filed 2023-02-14

SEC-registered investment adviser since 1970 · limited liability company

Assets managed$26.1bn
Staff98 · 40 in investment roles
Main clients (by assets)Mutual funds and ETFs 79%, Pension plans 6%, Individuals 6%
Private funds2 (2 hedge) · $86.2m gross assets
Websitealger.com
Form ADV · 2026-09-17SEC adviser record

Legal entityFRED ALGER MANAGEMENT, LLC (US)
Part of ALGER ASSOCIATES, INC. (US)

$18.4bn reported value -6.5% vs Q3 2022

516positions

26.3%in top 10

66 new 220 added 190 reduced 68 sold out vs Q3 2022

This report includes the holdings of 2 other managers that share the investment decisions:

ALPS ADVISORS INC – files its own report too
WEATHERBIE CAPITAL, LLC – reports through this filing

Also in the report of:

Keebeck Wealth Management – $881.4k of shares are in both reports
PERSONAL CFO SOLUTIONS, LLC – $594.8k of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSOFT CORP COM MSFT	MSFT	5,584,154	$1.3bn7.26%	7.26%	Reduced -436.8k	-436,750 -7.2%
2	AMAZON COM INC COM AMZN	AMZN	7,379,704	$619.9m3.36%	3.36%	Reduced -1.4m	-1,351,581 -15.5%
3	APPLE INC COM AAPL	AAPL	4,427,750	$575.3m3.12%	3.12%	Reduced -956.7k	-956,663 -17.8%
4	ALPHABET INC CAP STK CL C GOOG	GOOG	4,730,208	$419.7m2.27%	2.27%	Reduced -927.9k	-927,949 -16.4%
5	TRANSDIGM GROUP INC COM TDG	TDG	590,657	$371.9m2.02%	2.02%	Added +76.5k	+76,528 14.9%
6	NATERA INC COM NTRA	NTRA	8,972,823	$360.4m1.95%	1.95%	Added +191.5k	+191,477 2.2%
7	UNITEDHEALTH GROUP INC COM UNH	UNH	607,556	$322.1m1.75%	1.75%	Reduced -159.1k	-159,073 -20.8%
8	INTUIT COM INTU	INTU	763,651	$297.2m1.61%	1.61%	Added +42.8k	+42,823 5.9%
9	NVIDIA CORPORATION COM NVDA	NVDA	1,914,383	$279.8m1.52%	1.52%	Added +843.0k	+843,016 78.7%
10	ABBVIE INC COM ABBV	ABBV	1,675,463	$270.8m1.47%	1.47%	Added +165.5k	+165,489 11.0%
11	VISA INC COM CL A V	V	1,219,551	$253.4m1.37%	1.37%	Reduced -317.1k	-317,111 -20.6%
12	DANAHER CORPORATION COM DHR	DHR	891,055	$236.5m1.28%	1.28%	Reduced -293.9k	-293,933 -24.8%
13	MCKESSON CORP COM MCK	MCK	604,371	$226.7m1.23%	1.23%	Reduced -219.0k	-218,956 -26.6%
14	LIVE NATION ENTERTAINMENT IN COM LYV	LYV	3,062,899	$213.6m1.16%	1.16%	Reduced -1.4m	-1,440,492 -32.0%
15	MARVELL TECHNOLOGY INC COM MRVL	MRVL	5,609,779	$207.8m1.13%	1.13%	Added +2.3m	+2,290,919 69.0%
16	ELI LILLY & CO COM LLY	LLY	551,891	$201.9m1.09%	1.09%	Added +54.6k	+54,635 11.0%
17	EATON CORP PLC SHS ETN	ETN	1,223,162	$192.0m1.04%	1.04%	Added +42.2k	+42,221 3.6%
18	ACADIA HEALTHCARE COMPANY IN COM ACHC	ACHC	2,323,220	$191.2m1.04%	1.04%	Added +296.7k	+296,704 14.6%
19	S&P GLOBAL INC COM SPGI	SPGI	563,263	$188.7m1.02%	1.02%	Added +94.2k	+94,237 20.1%
20	NEXTERA ENERGY INC COM NEE	NEE	2,206,557	$184.5m1.00%	1.00%	Reduced -4.9k	-4,942 -0.2%
21	CASELLA WASTE SYS INC CL A CWST	CWST	2,294,819	$182.0m0.99%	0.99%	Reduced -17.1k	-17,066 -0.7%
22	FIRSTSERVICE CORP NEW COM FSV	FSV	1,474,246	$180.7m0.98%	0.98%	Reduced -16.5k	-16,479 -1.1%
23	NETFLIX INC COM NFLX	NFLX	612,658	$180.7m0.98%	0.98%	Reduced -138.5k	-138,466 -18.4%
24	INSULET CORP COM PODD	PODD	565,632	$166.5m0.90%	0.90%	Reduced -66.4k	-66,419 -10.5%
25	MERCADOLIBRE INC COM MELI	MELI	194,798	$164.8m0.89%	0.89%	Added +10.1k	+10,095 5.5%
26	PROMETHEUS BIOSCIENCES INC COM COM		1,359,256	$149.5m0.81%	0.81%	Added +323.1k	+323,091 31.2%
27	DATADOG INC CL A COM DDOG	DDOG	1,936,023	$142.3m0.77%	0.77%	Added +434.6k	+434,577 28.9%
28	PIONEER NAT RES CO COM PXD	PXD	622,812	$142.2m0.77%	0.77%	Reduced -404.5k	-404,521 -39.4%
29	PAYPAL HLDGS INC COM PYPL	PYPL	1,979,176	$141.0m0.76%	0.76%	Added +877.6k	+877,621 79.7%
30	SOLAREDGE TECHNOLOGIES INC COM SEDG	SEDG	495,822	$140.5m0.76%	0.76%	Added +166.9k	+166,941 50.8%
31	RBC BEARINGS INC COM RBC	RBC	658,652	$137.9m0.75%	0.75%	Reduced -212.0k	-212,020 -24.4%
32	ADVANCED MICRO DEVICES INC COM AMD	AMD	2,065,803	$133.8m0.73%	0.73%	Reduced -1.3m	-1,347,736 -39.5%
33	TESLA INC COM TSLA	TSLA	1,067,224	$131.5m0.71%	0.71%	Reduced -787.0k	-786,999 -42.4%
34	LAS VEGAS SANDS CORP COM LVS	LVS	2,687,634	$129.2m0.70%	0.70%	Added +907.5k	+907,534 51.0%
35	HUMANA INC COM HUM	HUM	252,225	$129.2m0.70%	0.70%	Added +115.4k	+115,447 84.4%
36	INSPIRE MED SYS INC COM INSP	INSP	510,133	$128.5m0.70%	0.70%	Added +50.5k	+50,545 11.0%
37	MONTROSE ENVIRONMENTAL GROUP COM ONT	ONT	2,848,212	$126.4m0.69%	0.69%	Reduced -368.5k	-368,497 -11.5%
38	SPS COMM INC COM SPSC	SPSC	979,399	$125.8m0.68%	0.68%	Reduced -104.2k	-104,169 -9.6%
39	PAYCOM SOFTWARE INC COM PAYC	PAYC	401,218	$124.5m0.67%	0.67%	Reduced -50.7k	-50,661 -11.2%
40	SNOWFLAKE INC CL A SNOW	SNOW	832,045	$119.4m0.65%	0.65%	New
41	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	447,716	$118.8m0.64%	0.64%	Reduced -122	-122 -0.0%
42	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	404,865	$116.9m0.63%	0.63%	Reduced -122.8k	-122,841 -23.3%
43	WABTEC COM WAB	WAB	1,167,688	$116.5m0.63%	0.63%	Added +658.1k	+658,069 129.1%
44	HEICO CORP NEW CL A HEI.A	HEI.A	969,327	$116.2m0.63%	0.63%	Added +123.2k	+123,157 14.6%
45	MGM RESORTS INTERNATIONAL COM MGM	MGM	3,428,116	$114.9m0.62%	0.62%	Reduced -4.9m	-4,949,558 -59.1%
46	PALO ALTO NETWORKS INC COM PANW	PANW	796,119	$111.1m0.60%	0.60%	Reduced -209.3k	-209,294 -20.8%
47	BIO-TECHNE CORP COM TECH	TECH	1,337,191	$110.8m0.60%	0.60%	Reduced -440.8k	-440,849 -24.8%
48	VEEVA SYS INC CL A COM VEEV	VEEV	645,439	$104.2m0.56%	0.56%	Reduced -77.5k	-77,453 -10.7%
49	SCHLUMBERGER LTD COM STK SLB	SLB	1,921,089	$102.7m0.56%	0.56%	Added +1.3m	+1,345,946 234.0%
50	VAIL RESORTS INC COM MTN	MTN	429,153	$102.3m0.55%	0.55%	Added +32.6k	+32,623 8.2%
51	COUPA SOFTWARE INC COM COUP	COUP	1,261,055	$99.8m0.54%	0.54%	New
52	BLACKLINE INC COM BL	BL	1,478,647	$99.5m0.54%	0.54%	Reduced -16.4k	-16,357 -1.1%
53	SHAKE SHACK INC CL A SHAK	SHAK	2,370,120	$98.4m0.53%	0.53%	Reduced -1.0m	-1,047,130 -30.6%
54	HEALTHEQUITY INC COM HQY	HQY	1,583,002	$97.6m0.53%	0.53%	Reduced -196.0k	-195,968 -11.0%
55	QUIDELORTHO CORP COM QDEL	QDEL	1,135,860	$97.3m0.53%	0.53%	Reduced -69.9k	-69,910 -5.8%
56	HEICO CORP NEW COM HEI	HEI	628,789	$96.6m0.52%	0.52%	Reduced -41.6k	-41,568 -6.2%
57	FIRST SOLAR INC COM FSLR	FSLR	632,078	$94.7m0.51%	0.51%	Reduced -124.0k	-124,001 -16.4%
58	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	582,510	$93.6m0.51%	0.51%	Added +17.2k	+17,224 3.0%
59	BIOGEN INC COM BIIB	BIIB	332,065	$92.0m0.50%	0.50%	Added +188.0k	+188,033 130.6%
60	WINGSTOP INC COM WING	WING	640,854	$88.2m0.48%	0.48%	Reduced -40.9k	-40,862 -6.0%
61	CLEARWATER ANALYTICS HLDGS I CL A CL A		4,582,822	$85.9m0.47%	0.47%	Reduced -33.5k	-33,544 -0.7%
62	SHOCKWAVE MED INC COM SWAV	SWAV	415,809	$85.5m0.46%	0.46%	Reduced -164.8k	-164,802 -28.4%
63	GLOBANT S A COM GLOB	GLOB	507,298	$85.3m0.46%	0.46%	Reduced -20.9k	-20,916 -4.0%
64	THE TRADE DESK INC COM CL A TTD	TTD	1,888,276	$84.7m0.46%	0.46%	Reduced -371.7k	-371,656 -16.4%
65	GUIDEWIRE SOFTWARE INC COM GWRE	GWRE	1,353,045	$84.6m0.46%	0.46%	Reduced -127.8k	-127,826 -8.6%
66	EOG RES INC COM EOG	EOG	647,306	$83.8m0.45%	0.45%	Added +291.3k	+291,299 81.8%
67	CHEGG INC COM CHGG	CHGG	3,280,279	$82.9m0.45%	0.45%	Added +87.0k	+87,048 2.7%
68	CENTENE CORP DEL COM CNC	CNC	997,555	$81.8m0.44%	0.44%	Reduced -1.0m	-1,020,110 -50.6%
69	SITEONE LANDSCAPE SUPPLY INC COM SITE	SITE	691,900	$81.2m0.44%	0.44%	Reduced -41.1k	-41,054 -5.6%
70	PROS HOLDINGS INC COM PRO	PRO	3,271,613	$79.4m0.43%	0.43%	Reduced -371.3k	-371,341 -10.2%
71	CHENIERE ENERGY INC COM NEW LNG	LNG	521,455	$78.2m0.42%	0.42%	Reduced -205.1k	-205,069 -28.2%
72	ALBEMARLE CORP COM ALB	ALB	360,318	$78.1m0.42%	0.42%	Reduced -128.2k	-128,172 -26.2%
73	CORE LABORATORIES N V COM CLB	CLB	3,853,977	$78.1m0.42%	0.42%	Reduced -235.3k	-235,347 -5.8%
74	ATRICURE INC COM ATRC	ATRC	1,755,398	$77.9m0.42%	0.42%	Reduced -572.1k	-572,077 -24.6%
75	PLANET FITNESS INC CL A PLNT	PLNT	987,833	$77.8m0.42%	0.42%	Added +51.6k	+51,639 5.5%
76	CHAMPIONX CORPORATION COM CHX	CHX	2,662,129	$77.2m0.42%	0.42%	Reduced -905.7k	-905,704 -25.4%
77	ASTRAZENECA PLC SPONSORED ADR SPONSORED ADR		1,134,551	$76.9m0.42%	0.42%	Reduced -102.0k	-102,041 -8.2%
78	DISNEY WALT CO COM DIS	DIS	880,643	$76.5m0.41%	0.41%	Added +245.1k	+245,126 38.6%
79	PROGYNY INC COM PGNY	PGNY	2,372,711	$73.9m0.40%	0.40%	Added +1.4m	+1,365,792 135.6%
80	SERVICENOW INC COM NOW	NOW	181,294	$70.4m0.38%	0.38%	Reduced -6.3k	-6,252 -3.3%
81	REPLIGEN CORP COM RGEN	RGEN	415,229	$70.3m0.38%	0.38%	Reduced -77.1k	-77,067 -15.7%
82	STEPSTONE GROUP INC COM CL A STEP	STEP	2,768,806	$69.7m0.38%	0.38%	Reduced -231.2k	-231,150 -7.7%
83	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	243,417	$69.1m0.37%	0.37%	Added +76.3k	+76,350 45.7%
84	DIAMONDBACK ENERGY INC COM FANG	FANG	496,675	$67.9m0.37%	0.37%	Added +129.9k	+129,854 35.4%
85	HAMILTON LANE INC CL A HLNE	HLNE	1,049,823	$67.1m0.36%	0.36%	Reduced -99.3k	-99,341 -8.6%
86	PDC ENERGY INC COM PDCE	PDCE	1,050,653	$66.7m0.36%	0.36%	Reduced -231.6k	-231,624 -18.1%
87	SPROUT SOCIAL INC COM CL A SPT	SPT	1,176,739	$66.4m0.36%	0.36%	Reduced -251.7k	-251,705 -17.6%
88	VIPER ENERGY PARTNERS LP COM UNT RP INT COM UNT RP INT		2,036,163	$64.7m0.35%	0.35%	Reduced -292.8k	-292,807 -12.6%
89	TJX COS INC NEW COM TJX	TJX	792,688	$63.1m0.34%	0.34%	New
90	BRUKER CORP COM BRKR	BRKR	898,758	$61.4m0.33%	0.33%	Reduced -114.8k	-114,817 -11.3%
91	LIBERTY MEDIA CORP DEL COM SER C FRMLA FWONK	FWONK	1,018,897	$60.9m0.33%	0.33%	Added +542.7k	+542,671 114.0%
92	NOVANTA INC COM NOVT	NOVT	428,451	$58.2m0.32%	0.32%	Added +86.3k	+86,273 25.2%
93	GLAUKOS CORP COM GKOS	GKOS	1,326,759	$58.0m0.31%	0.31%	Reduced -75.4k	-75,351 -5.4%
94	AXONICS INC COM AXNX	AXNX	923,608	$57.8m0.31%	0.31%	Reduced -38.6k	-38,555 -4.0%
95	COSTCO WHSL CORP NEW COM COST	COST	126,172	$57.6m0.31%	0.31%	Reduced -188.5k	-188,512 -59.9%
96	REATA PHARMACEUTICALS INC CL A RETA	RETA	1,509,404	$57.3m0.31%	0.31%	Added +897.5k	+897,481 146.7%
97	MERCURY SYS INC COM MRCY	MRCY	1,281,324	$57.3m0.31%	0.31%	Reduced -56.0k	-56,009 -4.2%
98	ADOBE INC COM ADBE	ADBE	168,964	$56.9m0.31%	0.31%	Added +111.6k	+111,617 194.6%
99	EVERBRIDGE INC COM EVBG	EVBG	1,898,518	$56.2m0.30%	0.30%	Reduced -42.1k	-42,125 -2.2%
100	BOSTON SCIENTIFIC CORP COM BSX	BSX	1,186,386	$54.9m0.30%	0.30%	New

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
MONOLITHIC PWR SYS INC MPWR	MPWR	181,281	$65.9m181.3k shares
LOCKHEED MARTIN CORP LMT	LMT	132,391	$51.1m132.4k shares
SAIA INC SAIA	SAIA	222,686	$42.3m222.7k shares
GROCERY OUTLET HLDG CORP GO	GO	960,715	$32.0m960.7k shares
ZEBRA TECHNOLOGIES CORPORATI ZBRA	ZBRA	83,791	$22.0m83.8k shares
AVALARA INC AVLR	AVLR	207,107	$19.0m207.1k shares
RIVIAN AUTOMOTIVE INC RIVN	RIVN	534,231	$17.6m534.2k shares
AVANTOR INC AVTR	AVTR	640,530	$12.6m640.5k shares
AERIE PHARMACEUTICALS INC AERI	AERI	598,325	$9.1m598.3k shares
THERMO FISHER SCIENTIFIC INC TMO	TMO	14,462	$7.3m14.5k shares
GENERAL MTRS CO GM	GM	196,490	$6.3m196.5k shares
ACCOLADE INC ACCD	ACCD	438,894	$5.0m438.9k shares
AZENTA INC AZTA	AZTA	111,175	$4.8m111.2k shares
OMNICELL COM OMCL	OMCL	53,989	$4.7m54.0k shares
PETCO HEALTH & WELLNESS CO I WOOF	WOOF	342,175	$3.8m342.2k shares
GXO LOGISTICS INCORPORATED GXO	GXO	98,583	$3.5m98.6k shares
ONTO INNOVATION INC ONTO	ONTO	49,242	$3.2m49.2k shares
PTC THERAPEUTICS INC PTCT	PTCT	56,308	$2.8m56.3k shares
CONVEY HEALTH SOLUTIONS HLDG		260,214	$2.7m260.2k shares
THE BEAUTY HEALTH COMPANY		228,920	$2.7m228.9k shares
JAZZ PHARMACEUTICALS PLC JAZZ	JAZZ	17,746	$2.4m17.7k shares
PHREESIA INC PHR	PHR	79,589	$2.0m79.6k shares
INTRA-CELLULAR THERAPIES INC ITCI	ITCI	38,536	$1.8m38.5k shares
XENON PHARMACEUTICALS INC XENE	XENE	45,143	$1.6m45.1k shares
ARCUTIS BIOTHERAPEUTICS INC ARQT	ARQT	26,324	$503.0k26.3k shares