FRED ALGER MANAGEMENT, LLC

NEW YORK, NY · CIK 3520 · 13F filing filed 2024-05-15

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)

$20.2bn reported value +8.8% vs Q4 2023

443positions

41.5%in top 10

64 new 167 added 187 reduced 63 sold out vs Q4 2023

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 – $22.6m of shares are in both reports
PERSONAL CFO SOLUTIONS, LLC – $1.3m of shares are in both reports

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

Holdings, Q1 2024

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	4,880,205	$2.1bn10.18%	10.18%	Added +523	+523 0.0%
2	NVIDIA CORPORATION COM NVDA	NVDA	1,609,345	$1.5bn7.21%	7.21%	Reduced -227.5k	-227,507 -12.4%
3	AMAZON COM INC COM AMZN	AMZN	6,413,242	$1.2bn5.74%	5.74%	Added +18.2k	+18,228 0.3%
4	META PLATFORMS INC CL A META	META	1,931,035	$937.7m4.65%	4.65%	Reduced -122.2k	-122,178 -6.0%
5	APPLE INC COM AAPL	AAPL	4,323,414	$741.4m3.68%	3.68%	Reduced -615.5k	-615,488 -12.5%
6	NATERA INC COM NTRA	NTRA	6,546,927	$598.8m2.97%	2.97%	Reduced -529.7k	-529,724 -7.5%
7	ALPHABET INC CAP STK CL C GOOG	GOOG	3,436,570	$523.3m2.59%	2.59%	Reduced -476.0k	-475,977 -12.2%
8	VISA INC COM CL A V	V	1,310,594	$365.8m1.81%	1.81%	Reduced -148.6k	-148,587 -10.2%
9	NETFLIX INC COM NFLX	NFLX	444,287	$269.8m1.34%	1.34%	Added +151.8k	+151,820 51.9%
10	ADVANCED MICRO DEVICES INC COM AMD	AMD	1,476,505	$266.5m1.32%	1.32%	Added +105.9k	+105,932 7.7%
11	BROADCOM INC COM AVGO	AVGO	196,988	$261.1m1.29%	1.29%	Added +49.5k	+49,505 33.6%
12	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	1,882,986	$256.2m1.27%	1.27%	Added +347.4k	+347,360 22.6%
13	TRANSDIGM GROUP INC COM TDG	TDG	205,264	$252.8m1.25%	1.25%	Reduced -37.9k	-37,886 -15.6%
14	ELI LILLY & CO COM LLY	LLY	323,989	$252.1m1.25%	1.25%	Added +40.6k	+40,617 14.3%
15	VERTIV HOLDINGS CO COM CL A VRT	VRT	2,751,090	$224.7m1.11%	1.11%	Reduced -737.6k	-737,621 -21.1%
16	MARVELL TECHNOLOGY INC COM MRVL	MRVL	3,113,178	$220.7m1.09%	1.09%	Reduced -497.8k	-497,844 -13.8%
17	MERCADOLIBRE INC COM MELI	MELI	143,456	$216.9m1.08%	1.08%	Reduced -25.7k	-25,692 -15.2%
18	PINTEREST INC CL A PINS	PINS	5,898,693	$204.5m1.01%	1.01%	Added +398.9k	+398,950 7.2%
19	MARTIN MARIETTA MATLS INC COM MLM	MLM	332,443	$204.1m1.01%	1.01%	Reduced -62.4k	-62,356 -15.8%
20	MICRON TECHNOLOGY INC COM MU	MU	1,707,938	$201.3m1.00%	1.00%	Added +1.3m	+1,290,742 309.4%
21	GFL ENVIRONMENTAL INC SUB VTG SHS GFL	GFL	5,810,639	$200.5m0.99%	0.99%	Reduced -172.6k	-172,636 -2.9%
22	ADOBE INC COM ADBE	ADBE	375,627	$189.5m0.94%	0.94%	Added +4.0k	+3,984 1.1%
23	HEICO CORP NEW CL A HEI.A	HEI.A	1,161,948	$178.9m0.89%	0.89%	Added +81.4k	+81,371 7.5%
24	S&P GLOBAL INC COM SPGI	SPGI	404,773	$172.2m0.85%	0.85%	Reduced -37.6k	-37,581 -8.5%
25	FIRSTSERVICE CORP NEW COM FSV	FSV	978,874	$162.3m0.80%	0.80%	Reduced -106.0k	-105,979 -9.8%
26	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	397,618	$158.7m0.79%	0.79%	Reduced -22.0k	-22,026 -5.2%
27	BOSTON SCIENTIFIC CORP COM BSX	BSX	2,207,649	$151.2m0.75%	0.75%	Reduced -12.0k	-12,045 -0.5%
28	VERTEX INC CL A VERX	VERX	4,563,457	$144.9m0.72%	0.72%	Added +146.3k	+146,327 3.3%
29	UBER TECHNOLOGIES INC COM UBER	UBER	1,763,508	$135.8m0.67%	0.67%	Added +234.0k	+234,032 15.3%
30	WINGSTOP INC COM WING	WING	368,620	$135.1m0.67%	0.67%	Reduced -50.0k	-49,971 -11.9%
31	DRAFTKINGS INC NEW COM CL A DKNG	DKNG	2,928,814	$133.0m0.66%	0.66%	Added +1.1m	+1,063,861 57.0%
32	MCKESSON CORP COM MCK	MCK	230,148	$123.6m0.61%	0.61%	Reduced -5.1k	-5,089 -2.2%
33	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	396,268	$123.4m0.61%	0.61%	Reduced -24.4k	-24,381 -5.8%
34	LIBERTY MEDIA CORP DEL COM LBTY ONE S C FWONK	FWONK	1,868,709	$122.6m0.61%	0.61%	Reduced -20.9k	-20,939 -1.1%
35	CASELLA WASTE SYS INC CL A CWST	CWST	1,225,654	$121.2m0.60%	0.60%	Added +43.3k	+43,293 3.7%
36	GLAUKOS CORP COM GKOS	GKOS	1,231,415	$116.1m0.58%	0.58%	Reduced -413.7k	-413,666 -25.1%
37	APPFOLIO INC COM CL A APPF	APPF	460,140	$113.5m0.56%	0.56%	Reduced -68.2k	-68,249 -12.9%
38	SPS COMM INC COM SPSC	SPSC	575,405	$106.4m0.53%	0.53%	Reduced -48.9k	-48,853 -7.8%
39	WABTEC COM WAB	WAB	718,970	$104.7m0.52%	0.52%	Reduced -73.0k	-72,996 -9.2%
40	DIAMONDBACK ENERGY INC COM FANG	FANG	522,222	$103.5m0.51%	0.51%	Reduced -121.6k	-121,599 -18.9%
41	RBC BEARINGS INC COM RBC	RBC	380,103	$102.8m0.51%	0.51%	Reduced -13.3k	-13,348 -3.4%
42	STRYKER CORPORATION COM SYK	SYK	285,178	$102.1m0.51%	0.51%	New
43	TESLA INC COM TSLA	TSLA	557,535	$98.0m0.49%	0.49%	Reduced -204.4k	-204,424 -26.8%
44	VAXCYTE INC COM PCVX	PCVX	1,396,711	$95.4m0.47%	0.47%	Reduced -273.5k	-273,478 -16.4%
45	SITEONE LANDSCAPE SUPPLY INC COM SITE	SITE	545,117	$95.2m0.47%	0.47%	Reduced -3.8k	-3,780 -0.7%
46	STEPSTONE GROUP INC COM CL A STEP	STEP	2,626,698	$93.9m0.47%	0.47%	Added +222.1k	+222,104 9.2%
47	ACADIA HEALTHCARE COMPANY IN COM ACHC	ACHC	1,172,479	$92.9m0.46%	0.46%	Reduced -203.6k	-203,642 -14.8%
48	PROS HOLDINGS INC COM PRO	PRO	2,545,134	$92.5m0.46%	0.46%	Reduced -267.8k	-267,785 -9.5%
49	DANAHER CORPORATION COM DHR	DHR	368,528	$92.0m0.46%	0.46%	Added +93.2k	+93,154 33.8%
50	MOBILEYE GLOBAL INC COMMON CLASS A MBLY	MBLY	2,838,080	$91.2m0.45%	0.45%	Added +2.3m	+2,272,418 401.7%
51	HEICO CORP NEW COM HEI	HEI	475,496	$90.8m0.45%	0.45%	Reduced -95.7k	-95,654 -16.8%
52	PROGYNY INC COM PGNY	PGNY	2,356,473	$89.9m0.45%	0.45%	Reduced -693.7k	-693,733 -22.7%
53	SERVICENOW INC COM NOW	NOW	115,455	$88.0m0.44%	0.44%	Reduced -107.9k	-107,897 -48.3%
54	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	332,375	$87.7m0.43%	0.43%	Added +103.1k	+103,112 45.0%
55	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	378,783	$83.1m0.41%	0.41%	Reduced -45.0k	-45,007 -10.6%
56	MONGODB INC CL A MDB	MDB	226,254	$81.1m0.40%	0.40%	Added +19.8k	+19,827 9.6%
57	REPLIGEN CORP COM RGEN	RGEN	426,292	$78.4m0.39%	0.39%	Reduced -2.2k	-2,192 -0.5%
58	AGILYSYS INC COM AGYS	AGYS	920,160	$77.5m0.38%	0.38%	Added +173.6k	+173,583 23.2%
59	BURLINGTON STORES INC COM BURL	BURL	332,874	$77.3m0.38%	0.38%	Added +40.8k	+40,767 14.0%
60	GUIDEWIRE SOFTWARE INC COM GWRE	GWRE	655,548	$76.5m0.38%	0.38%	Reduced -49.1k	-49,064 -7.0%
61	QUANTA SVCS INC COM PWR	PWR	293,413	$76.2m0.38%	0.38%	Reduced -17.3k	-17,349 -5.6%
62	TRANSCAT INC COM TRNS	TRNS	681,903	$76.0m0.38%	0.38%	Reduced -22.5k	-22,465 -3.2%
63	DEXCOM INC COM DXCM	DXCM	538,578	$74.7m0.37%	0.37%	Reduced -479.9k	-479,869 -47.1%
64	OLLIES BARGAIN OUTLET HLDGS COM OLLI	OLLI	922,153	$73.4m0.36%	0.36%	Added +116.5k	+116,516 14.5%
65	HAMILTON LANE INC CL A HLNE	HLNE	622,370	$70.2m0.35%	0.35%	Reduced -89.8k	-89,819 -12.6%
66	CITIGROUP INC COM NEW C	C	1,093,939	$69.2m0.34%	0.34%	New
67	SHOCKWAVE MED INC COM SWAV	SWAV	207,005	$67.4m0.33%	0.33%	Reduced -3.5k	-3,479 -1.6%
68	RH COM RH	RH	185,718	$64.7m0.32%	0.32%	Added +122.6k	+122,552 194.0%
69	INTUIT COM INTU	INTU	96,407	$62.7m0.31%	0.31%	Reduced -23.3k	-23,277 -19.4%
70	IMPINJ INC COM PI	PI	471,721	$60.6m0.30%	0.30%	Reduced -292.7k	-292,744 -38.3%
71	EQUINIX INC COM EQIX	EQIX	69,979	$57.8m0.29%	0.29%	Added +12.0k	+11,953 20.6%
72	BIO-TECHNE CORP COM TECH	TECH	818,124	$57.6m0.29%	0.29%	Reduced -114.0k	-113,972 -12.2%
73	CHAMPIONX CORPORATION COM CHX	CHX	1,603,828	$57.6m0.29%	0.29%	Reduced -50.1k	-50,129 -3.0%
74	SNOWFLAKE INC CL A SNOW	SNOW	346,320	$56.0m0.28%	0.28%	Added +242.6k	+242,566 233.8%
75	SHAKE SHACK INC CL A SHAK	SHAK	534,136	$55.6m0.28%	0.28%	Added +141.9k	+141,941 36.2%
76	CELSIUS HLDGS INC COM NEW CELH	CELH	658,429	$54.6m0.27%	0.27%	Added +87.9k	+87,934 15.4%
77	CLEARWATER ANALYTICS HLDGS I CL A CL A		3,064,258	$54.2m0.27%	0.27%	Reduced -57.9k	-57,891 -1.9%
78	Q2 HLDGS INC COM QTWO	QTWO	1,013,887	$53.3m0.26%	0.26%	Reduced -4.8k	-4,827 -0.5%
79	CABALETTA BIO INC COM CABA	CABA	3,110,314	$53.1m0.26%	0.26%	Reduced -216.8k	-216,818 -6.5%
80	TANDEM DIABETES CARE INC COM NEW TNDM	TNDM	1,497,071	$53.0m0.26%	0.26%	Added +1.2m	+1,194,292 394.4%
81	WALMART INC COM WMT	WMT	830,320	$50.0m0.25%	0.25%	Added +762.5k	+762,478 1123.9%
82	EATON CORP PLC SHS ETN	ETN	158,913	$49.7m0.25%	0.25%	Reduced -27.8k	-27,815 -14.9%
83	KURA SUSHI USA INC CL A COM KRUS	KRUS	431,294	$49.7m0.25%	0.25%	Added +69.6k	+69,578 19.2%
84	INSPIRE MED SYS INC COM INSP	INSP	222,560	$47.8m0.24%	0.24%	Reduced -183.3k	-183,347 -45.2%
85	MONTROSE ENVIRONMENTAL GROUP COM ONT	ONT	1,186,911	$46.5m0.23%	0.23%	Added +232.6k	+232,553 24.4%
86	REGENERON PHARMACEUTICALS COM REGN	REGN	48,001	$46.2m0.23%	0.23%	Reduced -2.6k	-2,596 -5.1%
87	RAMBUS INC DEL COM RMBS	RMBS	719,773	$44.5m0.22%	0.22%	Reduced -3.2k	-3,186 -0.4%
88	UNITEDHEALTH GROUP INC COM UNH	UNH	89,077	$44.1m0.22%	0.22%	Reduced -274.4k	-274,368 -75.5%
89	MICROSTRATEGY INC CL A NEW MSTR	MSTR	25,381	$43.3m0.21%	0.21%	New
90	SPROUT SOCIAL INC COM CL A SPT	SPT	719,810	$43.0m0.21%	0.21%	Added +370	+370 0.1%
91	INTAPP INC COM INTA	INTA	1,236,543	$42.4m0.21%	0.21%	Added +276.1k	+276,077 28.7%
92	TREX CO INC COM TREX	TREX	423,354	$42.2m0.21%	0.21%	Added +48.9k	+48,948 13.1%
93	ABSCI CORPORATION COM ABSI	ABSI	7,407,809	$42.1m0.21%	0.21%	New
94	ACADIA PHARMACEUTICALS INC COM ACAD	ACAD	2,257,564	$41.7m0.21%	0.21%	Reduced -919.2k	-919,211 -28.9%
95	MANHATTAN ASSOCIATES INC COM MANH	MANH	166,380	$41.6m0.21%	0.21%	Reduced -21.5k	-21,473 -11.4%
96	IMMUNOVANT INC COM IMVT	IMVT	1,271,762	$41.1m0.20%	0.20%	Added +386.9k	+386,890 43.7%
97	NUVALENT INC COM COM		544,372	$40.9m0.20%	0.20%	Added +222.4k	+222,420 69.1%
98	AMGEN INC COM AMGN	AMGN	142,601	$40.5m0.20%	0.20%	Reduced -286.9k	-286,906 -66.8%
99	ALTAIR ENGR INC COM CL A ALTR	ALTR	464,512	$40.0m0.20%	0.20%	Added +19.2k	+19,173 4.3%
100	VIKING THERAPEUTICS INC COM VKTX	VKTX	467,216	$38.3m0.19%	0.19%	New

Sold out since Q4 2023

Security	Ticker	Shares held before	Value then
HUMANA INC HUM	HUM	167,666	$76.8m167.7k shares
CHENIERE ENERGY INC LNG	LNG	396,402	$67.7m396.4k shares
CYMABAY THERAPEUTICS INC CBAY	CBAY	1,967,858	$46.5m2.0m shares
SCHRODINGER INC SDGR	SDGR	632,848	$22.7m632.8k shares
KRYSTAL BIOTECH INC KRYS	KRYS	160,335	$19.9m160.3k shares
EVERBRIDGE INC EVBG	EVBG	784,036	$19.1m784.0k shares
SNAP INC SNAP	SNAP	846,033	$14.3m846.0k shares
EOG RES INC EOG	EOG	106,474	$12.9m106.5k shares
MARKETAXESS HLDGS INC MKTX	MKTX	32,956	$9.7m33.0k shares
MGM RESORTS INTERNATIONAL MGM	MGM	155,958	$7.0m156.0k shares
KARUNA THERAPEUTICS INC		21,776	$6.9m21.8k shares
IMMUNOGEN INC IMGN	IMGN	208,660	$6.2m208.7k shares
RAPT THERAPEUTICS INC		227,803	$5.7m227.8k shares
HDFC BANK LTD HDB	HDB	78,554	$5.3m78.6k shares
MERCURY SYS INC MRCY	MRCY	139,084	$5.1m139.1k shares
GRIFOLS S A GRFS	GRFS	439,068	$5.1m439.1k shares
BRIDGEBIO PHARMA INC BBIO	BBIO	122,797	$5.0m122.8k shares
ISHARES TR IWO	IWO	18,084	$4.6m18.1k shares
BUMBLE INC BMBL	BMBL	282,387	$4.2m282.4k shares
QUIDELORTHO CORP QDEL	QDEL	55,943	$4.1m55.9k shares
LINDBLAD EXPEDITIONS HLDGS I LIND	LIND	313,458	$3.5m313.5k shares
BIOGEN INC BIIB	BIIB	13,235	$3.4m13.2k shares
ALTERYX INC AYX	AYX	70,077	$3.3m70.1k shares
ISHARES TR IWP	IWP	30,969	$3.2m31.0k shares
SUMMIT MATLS INC SUM	SUM	83,252	$3.2m83.3k shares