FRED ALGER MANAGEMENT, LLC

NEW YORK, NY · CIK 3520 · 13F filing filed 2024-02-14

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)

$18.5bn reported value +6.5% vs Q3 2023

442positions

39.3%in top 10

41 new 140 added 229 reduced 60 sold out vs Q3 2023

Options: 0 call positions (— notional), 1 put positions ($660 notional) – listed below, not included above.

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 – $18.4m of shares are in both reports
PERSONAL CFO SOLUTIONS, LLC – $870.3k of shares are in both reports

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

Holdings, Q4 2023

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	4,879,682	$1.8bn9.90%	9.90%	Reduced -37.4k	-37,448 -0.8%
2	AMAZON COM INC COM AMZN	AMZN	6,395,014	$971.7m5.24%	5.24%	Added +89.3k	+89,252 1.4%
3	APPLE INC COM AAPL	AAPL	4,938,902	$950.9m5.13%	5.13%	Added +20.8k	+20,751 0.4%
4	NVIDIA CORPORATION COM NVDA	NVDA	1,836,852	$909.6m4.91%	4.91%	Reduced -306.6k	-306,639 -14.3%
5	META PLATFORMS INC CL A META	META	2,053,213	$726.8m3.92%	3.92%	Reduced -68.4k	-68,402 -3.2%
6	ALPHABET INC CAP STK CL C GOOG	GOOG	3,912,547	$551.4m2.97%	2.97%	Reduced -504.9k	-504,883 -11.4%
7	NATERA INC COM NTRA	NTRA	7,076,651	$443.3m2.39%	2.39%	Added +120.5k	+120,465 1.7%
8	VISA INC COM CL A V	V	1,459,181	$379.9m2.05%	2.05%	Reduced -73.2k	-73,237 -4.8%
9	MERCADOLIBRE INC COM MELI	MELI	169,148	$265.8m1.43%	1.43%	Reduced -7.1k	-7,134 -4.0%
10	TRANSDIGM GROUP INC COM TDG	TDG	243,150	$246.0m1.33%	1.33%	Reduced -56.3k	-56,294 -18.8%
11	ADOBE INC COM ADBE	ADBE	371,643	$221.7m1.20%	1.20%	Reduced -38.6k	-38,593 -9.4%
12	MARVELL TECHNOLOGY INC COM MRVL	MRVL	3,611,022	$217.8m1.17%	1.17%	Reduced -425.5k	-425,542 -10.5%
13	GFL ENVIRONMENTAL INC SUB VTG SHS GFL	GFL	5,983,275	$206.5m1.11%	1.11%	Reduced -67.7k	-67,678 -1.1%
14	PINTEREST INC CL A PINS	PINS	5,499,743	$203.7m1.10%	1.10%	Added +827.7k	+827,678 17.7%
15	ADVANCED MICRO DEVICES INC COM AMD	AMD	1,370,573	$202.0m1.09%	1.09%	Added +734.5k	+734,510 115.5%
16	MARTIN MARIETTA MATLS INC COM MLM	MLM	394,799	$197.0m1.06%	1.06%	Reduced -18.9k	-18,913 -4.6%
17	S&P GLOBAL INC COM SPGI	SPGI	442,354	$194.9m1.05%	1.05%	Reduced -32.8k	-32,837 -6.9%
18	UNITEDHEALTH GROUP INC COM UNH	UNH	363,445	$191.3m1.03%	1.03%	Reduced -23.7k	-23,658 -6.1%
19	TESLA INC COM TSLA	TSLA	761,959	$189.3m1.02%	1.02%	Reduced -368.1k	-368,117 -32.6%
20	FIRSTSERVICE CORP NEW COM FSV	FSV	1,084,853	$175.8m0.95%	0.95%	Reduced -140.5k	-140,483 -11.5%
21	VERTIV HOLDINGS CO COM CL A VRT	VRT	3,488,711	$167.6m0.90%	0.90%	Added +1.8m	+1,801,427 106.8%
22	ELI LILLY & CO COM LLY	LLY	283,372	$165.2m0.89%	0.89%	Added +52.2k	+52,243 22.6%
23	BROADCOM INC COM AVGO	AVGO	147,483	$164.6m0.89%	0.89%	Added +82.6k	+82,564 127.2%
24	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	1,535,626	$159.7m0.86%	0.86%	Reduced -47.1k	-47,069 -3.0%
25	SERVICENOW INC COM NOW	NOW	223,352	$157.8m0.85%	0.85%	Added +1.7k	+1,662 0.8%
26	HEICO CORP NEW CL A HEI.A	HEI.A	1,080,577	$153.9m0.83%	0.83%	Added +288.5k	+288,464 36.4%
27	NETFLIX INC COM NFLX	NFLX	292,467	$142.4m0.77%	0.77%	Reduced -141.2k	-141,161 -32.5%
28	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	419,644	$141.6m0.76%	0.76%	Added +48.9k	+48,885 13.2%
29	GLAUKOS CORP COM GKOS	GKOS	1,645,081	$130.8m0.71%	0.71%	Reduced -135.6k	-135,609 -7.6%
30	BOSTON SCIENTIFIC CORP COM BSX	BSX	2,219,694	$128.3m0.69%	0.69%	Reduced -376.8k	-376,778 -14.5%
31	DEXCOM INC COM DXCM	DXCM	1,018,447	$126.4m0.68%	0.68%	Added +227.1k	+227,090 28.7%
32	AMGEN INC COM AMGN	AMGN	429,507	$123.7m0.67%	0.67%	Added +334.4k	+334,436 351.8%
33	SPS COMM INC COM SPSC	SPSC	624,258	$121.0m0.65%	0.65%	Reduced -23.0k	-23,000 -3.5%
34	LIBERTY MEDIA CORP DEL COM LBTY ONE S C FWONK	FWONK	1,889,648	$119.3m0.64%	0.64%	Added +128.0k	+127,989 7.3%
35	VERTEX INC CL A VERX	VERX	4,417,130	$119.0m0.64%	0.64%	Reduced -234.6k	-234,571 -5.0%
36	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	420,649	$114.6m0.62%	0.62%	Reduced -54.6k	-54,610 -11.5%
37	PROGYNY INC COM PGNY	PGNY	3,050,206	$113.4m0.61%	0.61%	Reduced -162.5k	-162,539 -5.1%
38	RBC BEARINGS INC COM RBC	RBC	393,451	$112.1m0.60%	0.60%	Reduced -26.2k	-26,213 -6.2%
39	PROS HOLDINGS INC COM PRO	PRO	2,812,919	$109.1m0.59%	0.59%	Reduced -219.9k	-219,894 -7.2%
40	MCKESSON CORP COM MCK	MCK	235,237	$108.9m0.59%	0.59%	Reduced -76.3k	-76,300 -24.5%
41	WINGSTOP INC COM WING	WING	418,591	$107.4m0.58%	0.58%	Reduced -40.7k	-40,723 -8.9%
42	ACADIA HEALTHCARE COMPANY IN COM ACHC	ACHC	1,376,121	$107.0m0.58%	0.58%	Reduced -107.6k	-107,564 -7.2%
43	TRANSMEDICS GROUP INC COM TMDX	TMDX	1,342,915	$106.0m0.57%	0.57%	Reduced -231.7k	-231,688 -14.7%
44	VAXCYTE INC COM PCVX	PCVX	1,670,189	$104.9m0.57%	0.57%	Reduced -423.1k	-423,116 -20.2%
45	HEICO CORP NEW COM HEI	HEI	571,150	$102.2m0.55%	0.55%	Reduced -6.0k	-6,031 -1.0%
46	CASELLA WASTE SYS INC CL A CWST	CWST	1,182,361	$101.0m0.55%	0.55%	Reduced -193.7k	-193,728 -14.1%
47	WABTEC COM WAB	WAB	791,966	$100.5m0.54%	0.54%	Added +159.4k	+159,418 25.2%
48	DIAMONDBACK ENERGY INC COM FANG	FANG	643,821	$99.8m0.54%	0.54%	Reduced -39.3k	-39,286 -5.8%
49	ACADIA PHARMACEUTICALS INC COM ACAD	ACAD	3,176,775	$99.5m0.54%	0.54%	Added +67.9k	+67,892 2.2%
50	UBER TECHNOLOGIES INC COM UBER	UBER	1,529,476	$94.2m0.51%	0.51%	Added +372.1k	+372,095 32.1%
51	APPFOLIO INC COM CL A APPF	APPF	528,389	$91.5m0.49%	0.49%	Reduced -43.6k	-43,618 -7.6%
52	SITEONE LANDSCAPE SUPPLY INC COM SITE	SITE	548,897	$89.2m0.48%	0.48%	Reduced -81.0k	-80,981 -12.9%
53	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	213,507	$86.9m0.47%	0.47%	Reduced -3.6k	-3,646 -1.7%
54	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	211,895	$85.9m0.46%	0.46%	Added +63.0k	+62,982 42.3%
55	CME GROUP INC COM CME	CME	402,423	$84.8m0.46%	0.46%	Reduced -38.1k	-38,134 -8.7%
56	MONGODB INC CL A MDB	MDB	206,427	$84.4m0.46%	0.46%	Added +33.3k	+33,332 19.3%
57	INSPIRE MED SYS INC COM INSP	INSP	405,907	$82.6m0.45%	0.45%	Added +445	+445 0.1%
58	HAMILTON LANE INC CL A HLNE	HLNE	712,189	$80.8m0.44%	0.44%	Reduced -42.7k	-42,656 -5.7%
59	SCHLUMBERGER LTD COM STK SLB	SLB	1,518,342	$79.0m0.43%	0.43%	Reduced -1.2m	-1,185,328 -43.8%
60	REPLIGEN CORP COM RGEN	RGEN	428,484	$77.0m0.42%	0.42%	Reduced -56.2k	-56,238 -11.6%
61	TRANSCAT INC COM TRNS	TRNS	704,368	$77.0m0.42%	0.42%	Added +49.4k	+49,388 7.5%
62	GUIDEWIRE SOFTWARE INC COM GWRE	GWRE	704,612	$76.8m0.41%	0.41%	Reduced -121.8k	-121,794 -14.7%
63	HUMANA INC COM HUM	HUM	167,666	$76.8m0.41%	0.41%	Added +6.1k	+6,086 3.8%
64	STEPSTONE GROUP INC COM CL A STEP	STEP	2,404,594	$76.5m0.41%	0.41%	Reduced -419.2k	-419,172 -14.8%
65	CABALETTA BIO INC COM CABA	CABA	3,327,132	$75.5m0.41%	0.41%	Reduced -932.3k	-932,323 -21.9%
66	INTUIT COM INTU	INTU	119,684	$74.8m0.40%	0.40%	Reduced -33.2k	-33,187 -21.7%
67	XOMETRY INC CLASS A COM XMTR	XMTR	2,081,030	$74.7m0.40%	0.40%	Reduced -503.9k	-503,883 -19.5%
68	BIO-TECHNE CORP COM TECH	TECH	932,096	$71.9m0.39%	0.39%	Reduced -24.0k	-23,982 -2.5%
69	IMPINJ INC COM PI	PI	764,465	$68.8m0.37%	0.37%	Reduced -31.5k	-31,508 -4.0%
70	CHENIERE ENERGY INC COM NEW LNG	LNG	396,402	$67.7m0.37%	0.37%	Reduced -6.2k	-6,226 -1.6%
71	QUANTA SVCS INC COM PWR	PWR	310,762	$67.1m0.36%	0.36%	Added +45.8k	+45,825 17.3%
72	DRAFTKINGS INC NEW COM CL A DKNG	DKNG	1,864,953	$65.7m0.35%	0.35%	Reduced -914.2k	-914,216 -32.9%
73	DANAHER CORPORATION COM DHR	DHR	275,374	$63.7m0.34%	0.34%	Reduced -240.0k	-240,026 -46.6%
74	AGILYSYS INC COM AGYS	AGYS	746,577	$63.3m0.34%	0.34%	Reduced -89.9k	-89,909 -10.8%
75	CLEARWATER ANALYTICS HLDGS I CL A CL A		3,122,149	$62.5m0.34%	0.34%	Reduced -323.3k	-323,279 -9.4%
76	OLLIES BARGAIN OUTLET HLDGS COM OLLI	OLLI	805,637	$61.1m0.33%	0.33%	Added +41.6k	+41,610 5.5%
77	BURLINGTON STORES INC COM BURL	BURL	292,107	$56.8m0.31%	0.31%	Added +287.1k	+287,066 5694.6%
78	VEEVA SYS INC CL A COM VEEV	VEEV	292,292	$56.3m0.30%	0.30%	Reduced -106.1k	-106,078 -26.6%
79	BLACKLINE INC COM BL	BL	829,992	$51.8m0.28%	0.28%	Reduced -86.7k	-86,698 -9.5%
80	RAMBUS INC DEL COM RMBS	RMBS	722,959	$49.3m0.27%	0.27%	Reduced -82.7k	-82,672 -10.3%
81	MOONLAKE IMMUNOTHERAPEUTICS CLASS A ORD MLTX	MLTX	810,586	$49.0m0.26%	0.26%	Reduced -22.4k	-22,365 -2.7%
82	CHAMPIONX CORPORATION COM CHX	CHX	1,653,957	$48.3m0.26%	0.26%	Reduced -50.5k	-50,517 -3.0%
83	EQUINIX INC COM EQIX	EQIX	58,026	$46.7m0.25%	0.25%	Added +55.7k	+55,697 2391.5%
84	CYMABAY THERAPEUTICS INC COM CBAY	CBAY	1,967,858	$46.5m0.25%	0.25%	Reduced -204.5k	-204,451 -9.4%
85	NEVRO CORP COM NVRO	NVRO	2,119,266	$45.6m0.25%	0.25%	Added +1.1m	+1,065,454 101.1%
86	EATON CORP PLC SHS ETN	ETN	186,728	$45.0m0.24%	0.24%	Added +9.0k	+8,951 5.0%
87	REGENERON PHARMACEUTICALS COM REGN	REGN	50,597	$44.4m0.24%	0.24%	Reduced -12.3k	-12,323 -19.6%
88	Q2 HLDGS INC COM QTWO	QTWO	1,018,714	$44.2m0.24%	0.24%	Reduced -40.0k	-39,950 -3.8%
89	SPROUT SOCIAL INC COM CL A SPT	SPT	719,440	$44.2m0.24%	0.24%	Added +52.0k	+51,978 7.8%
90	EPAM SYS INC COM EPAM	EPAM	148,525	$44.2m0.24%	0.24%	Added +147.5k	+147,539 14963.4%
91	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	229,263	$43.1m0.23%	0.23%	Added +204.4k	+204,435 823.4%
92	ATRICURE INC COM ATRC	ATRC	1,154,058	$41.2m0.22%	0.22%	Reduced -281.8k	-281,756 -19.6%
93	MANHATTAN ASSOCIATES INC COM MANH	MANH	187,853	$40.4m0.22%	0.22%	Reduced -13.2k	-13,200 -6.6%
94	SHOCKWAVE MED INC COM SWAV	SWAV	210,484	$40.1m0.22%	0.22%	Reduced -99.7k	-99,741 -32.1%
95	ALTAIR ENGR INC COM CL A ALTR	ALTR	445,339	$37.5m0.20%	0.20%	Reduced -100.5k	-100,457 -18.4%
96	IMMUNOVANT INC COM IMVT	IMVT	884,872	$37.3m0.20%	0.20%	Reduced -301.2k	-301,159 -25.4%
97	INTAPP INC COM INTA	INTA	960,466	$36.5m0.20%	0.20%	Added +495.3k	+495,283 106.5%
98	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	460,272	$35.9m0.19%	0.19%	Added +235.2k	+235,230 104.5%
99	MICRON TECHNOLOGY INC COM MU	MU	417,196	$35.6m0.19%	0.19%	New
100	PLANET FITNESS INC CL A PLNT	PLNT	474,521	$34.6m0.19%	0.19%	Reduced -17.2k	-17,169 -3.5%

Sold out since Q3 2023

Security	Ticker	Shares held before	Value then
ALBEMARLE CORP ALB	ALB	453,763	$77.2m453.8k shares
EXTREME NETWORKS EXTR	EXTR	1,401,093	$33.9m1.4m shares
VICOR CORP VICR	VICR	439,175	$25.9m439.2k shares
HESS CORP HES	HES	165,166	$25.3m165.2k shares
PROGRESSIVE CORP PGR	PGR	131,871	$18.4m131.9k shares
LAS VEGAS SANDS CORP LVS	LVS	226,156	$10.4m226.2k shares
SOLAREDGE TECHNOLOGIES INC SEDG	SEDG	54,544	$7.1m54.5k shares
HELIOS TECHNOLOGIES INC HLIO	HLIO	122,860	$6.8m122.9k shares
SPLUNK INC SPLK	SPLK	38,310	$5.6m38.3k shares
AXOS FINANCIAL INC AX	AX	135,186	$5.1m135.2k shares
ABCAM PLC		182,111	$4.1m182.1k shares
MATCH GROUP INC NEW MTCH	MTCH	79,347	$3.1m79.3k shares
ALIBABA GROUP HLDG LTD BABA	BABA	35,600	$3.1m35.6k shares
OCCIDENTAL PETE CORP OXY	OXY	47,448	$3.1m47.4k shares
LUXEXPERIENCE BV LUXE	LUXE	838,175	$2.8m838.2k shares
STRYKER CORPORATION SYK	SYK	9,394	$2.6m9.4k shares
BECTON DICKINSON & CO BDX	BDX	9,428	$2.4m9.4k shares
GENERAC HLDGS INC GNRC	GNRC	18,073	$2.0m18.1k shares
CONSTELLATION BRANDS INC STZ	STZ	7,616	$1.9m7.6k shares
RTX CORPORATION RTX	RTX	23,839	$1.7m23.8k shares
DAVITA INC DVA	DVA	13,496	$1.3m13.5k shares
MP MATERIALS CORP MP	MP	54,382	$1.0m54.4k shares
CHARTER COMMUNICATIONS INC N CHTR	CHTR	2,095	$921.4k2.1k shares
ALIGN TECHNOLOGY INC ALGN	ALGN	2,041	$623.2k2.0k shares
DADA NEXUS LTD DADA	DADA	129,000	$574.0k129.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
CARVANA CO Put		Put	660	$660660 shares	New