FRED ALGER MANAGEMENT, LLC

NEW YORK, NY · CIK 3520 · 13F filing filed 2024-08-14

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)

$20.6bn reported value +2.0% vs Q1 2024

424positions

45.9%in top 10

42 new 157 added 204 reduced 61 sold out vs Q1 2024

Options: 0 call positions (— notional), 1 put positions ($8.9m 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 – $6.8m of shares are in both reports
PERSONAL CFO SOLUTIONS, LLC – $674.2k of shares are in both reports

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

Holdings, Q2 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	4,927,271	$2.2bn10.71%	10.71%	Added +47.1k	+47,066 1.0%
2	NVIDIA CORPORATION COM NVDA	NVDA	15,381,070	$1.9bn9.24%	9.24%	Reduced -712.4k	-712,380 -4.4%
3	AMAZON COM INC COM AMZN	AMZN	6,521,736	$1.3bn6.13%	6.13%	Added +108.5k	+108,494 1.7%
4	APPLE INC COM AAPL	AAPL	4,771,308	$1.0bn4.89%	4.89%	Added +447.9k	+447,894 10.4%
5	META PLATFORMS INC CL A META	META	1,938,574	$977.5m4.75%	4.75%	Added +7.5k	+7,539 0.4%
6	NATERA INC COM NTRA	NTRA	5,262,664	$569.9m2.77%	2.77%	Reduced -1.3m	-1,284,263 -19.6%
7	ALPHABET INC CAP STK CL C GOOG	GOOG	2,806,845	$514.8m2.50%	2.50%	Reduced -629.7k	-629,725 -18.3%
8	BROADCOM INC COM AVGO	AVGO	225,938	$362.8m1.76%	1.76%	Added +28.9k	+28,950 14.7%
9	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	1,905,729	$331.2m1.61%	1.61%	Added +22.7k	+22,743 1.2%
10	NETFLIX INC COM NFLX	NFLX	465,249	$314.0m1.53%	1.53%	Added +21.0k	+20,962 4.7%
11	VISA INC COM CL A V	V	1,168,615	$306.7m1.49%	1.49%	Reduced -142.0k	-141,979 -10.8%
12	APPLOVIN CORP COM CL A APP	APP	3,492,613	$290.7m1.41%	1.41%	New
13	ELI LILLY & CO COM LLY	LLY	277,834	$251.5m1.22%	1.22%	Reduced -46.2k	-46,155 -14.2%
14	PINTEREST INC CL A PINS	PINS	5,562,289	$245.1m1.19%	1.19%	Reduced -336.4k	-336,404 -5.7%
15	GFL ENVIRONMENTAL INC SUB VTG SHS GFL	GFL	6,221,767	$242.2m1.18%	1.18%	Added +411.1k	+411,128 7.1%
16	MERCADOLIBRE INC COM MELI	MELI	141,652	$232.8m1.13%	1.13%	Reduced -1.8k	-1,804 -1.3%
17	VERTIV HOLDINGS CO COM CL A VRT	VRT	2,667,989	$231.0m1.12%	1.12%	Reduced -83.1k	-83,101 -3.0%
18	TRANSDIGM GROUP INC COM TDG	TDG	179,166	$228.9m1.11%	1.11%	Reduced -26.1k	-26,098 -12.7%
19	ADOBE INC COM ADBE	ADBE	408,681	$227.0m1.10%	1.10%	Added +33.1k	+33,054 8.8%
20	HEICO CORP NEW CL A HEI.A	HEI.A	1,188,218	$210.9m1.03%	1.03%	Added +26.3k	+26,270 2.3%
21	MARVELL TECHNOLOGY INC COM MRVL	MRVL	2,990,108	$209.0m1.02%	1.02%	Reduced -123.1k	-123,070 -4.0%
22	S&P GLOBAL INC COM SPGI	SPGI	464,457	$207.1m1.01%	1.01%	Added +59.7k	+59,684 14.8%
23	MICRON TECHNOLOGY INC COM MU	MU	1,506,872	$198.2m0.96%	0.96%	Reduced -201.1k	-201,066 -11.8%
24	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	392,243	$174.5m0.85%	0.85%	Reduced -5.4k	-5,375 -1.4%
25	BOSTON SCIENTIFIC CORP COM BSX	BSX	2,034,562	$156.7m0.76%	0.76%	Reduced -173.1k	-173,087 -7.8%
26	GLAUKOS CORP COM GKOS	GKOS	1,278,723	$151.3m0.74%	0.74%	Added +47.3k	+47,308 3.8%
27	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	486,211	$149.6m0.73%	0.73%	Added +89.9k	+89,943 22.7%
28	VERTEX INC CL A VERX	VERX	4,087,510	$147.4m0.72%	0.72%	Reduced -475.9k	-475,947 -10.4%
29	ADVANCED MICRO DEVICES INC COM AMD	AMD	888,027	$144.0m0.70%	0.70%	Reduced -588.5k	-588,478 -39.9%
30	MCKESSON CORP COM MCK	MCK	242,262	$141.5m0.69%	0.69%	Added +12.1k	+12,114 5.3%
31	WINGSTOP INC COM WING	WING	319,545	$135.1m0.66%	0.66%	Reduced -49.1k	-49,075 -13.3%
32	CONSTELLATION ENERGY CORP COM CEG	CEG	660,696	$132.3m0.64%	0.64%	Added +528.8k	+528,780 400.9%
33	LIBERTY MEDIA CORP DEL COM LBTY ONE S C FWONK	FWONK	1,760,737	$126.5m0.62%	0.62%	Reduced -108.0k	-107,972 -5.8%
34	SERVICENOW INC COM NOW	NOW	157,546	$123.9m0.60%	0.60%	Added +42.1k	+42,091 36.5%
35	DRAFTKINGS INC NEW COM CL A DKNG	DKNG	3,167,849	$120.9m0.59%	0.59%	Added +239.0k	+239,035 8.2%
36	FIRSTSERVICE CORP NEW COM FSV	FSV	754,762	$115.0m0.56%	0.56%	Reduced -224.1k	-224,112 -22.9%
37	CASELLA WASTE SYS INC CL A CWST	CWST	1,120,713	$111.2m0.54%	0.54%	Reduced -104.9k	-104,941 -8.6%
38	MARTIN MARIETTA MATLS INC COM MLM	MLM	203,980	$110.5m0.54%	0.54%	Reduced -128.5k	-128,463 -38.6%
39	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	350,877	$110.1m0.54%	0.54%	Added +18.5k	+18,502 5.6%
40	HEICO CORP NEW COM HEI	HEI	490,161	$109.6m0.53%	0.53%	Added +14.7k	+14,665 3.1%
41	EQUINIX INC COM EQIX	EQIX	144,103	$109.0m0.53%	0.53%	Added +74.1k	+74,124 105.9%
42	STEPSTONE GROUP INC COM CL A STEP	STEP	2,344,898	$107.6m0.52%	0.52%	Reduced -281.8k	-281,800 -10.7%
43	AMGEN INC COM AMGN	AMGN	325,752	$101.8m0.50%	0.50%	Added +183.2k	+183,151 128.4%
44	DANAHER CORPORATION COM DHR	DHR	399,885	$99.9m0.49%	0.49%	Added +31.4k	+31,357 8.5%
45	VAXCYTE INC COM PCVX	PCVX	1,310,436	$99.0m0.48%	0.48%	Reduced -86.3k	-86,275 -6.2%
46	AGILYSYS INC COM AGYS	AGYS	938,058	$97.7m0.48%	0.48%	Added +17.9k	+17,898 1.9%
47	HUBSPOT INC COM HUBS	HUBS	163,291	$96.3m0.47%	0.47%	Added +136.8k	+136,793 516.2%
48	SPS COMM INC COM SPSC	SPSC	483,399	$91.0m0.44%	0.44%	Reduced -92.0k	-92,006 -16.0%
49	APPFOLIO INC COM CL A APPF	APPF	358,883	$87.8m0.43%	0.43%	Reduced -101.3k	-101,257 -22.0%
50	TANDEM DIABETES CARE INC COM NEW TNDM	TNDM	2,174,107	$87.6m0.43%	0.43%	Added +677.0k	+677,036 45.2%
51	HAMILTON LANE INC CL A HLNE	HLNE	687,521	$85.0m0.41%	0.41%	Added +65.2k	+65,151 10.5%
52	RBC BEARINGS INC COM RBC	RBC	314,570	$84.9m0.41%	0.41%	Reduced -65.5k	-65,533 -17.2%
53	PROS HOLDINGS INC COM PRO	PRO	2,919,116	$83.6m0.41%	0.41%	Added +374.0k	+373,982 14.7%
54	STRYKER CORPORATION COM SYK	SYK	221,998	$75.5m0.37%	0.37%	Reduced -63.2k	-63,180 -22.1%
55	GUIDEWIRE SOFTWARE INC COM GWRE	GWRE	524,538	$72.3m0.35%	0.35%	Reduced -131.0k	-131,010 -20.0%
56	TRANSCAT INC COM TRNS	TRNS	587,359	$70.3m0.34%	0.34%	Reduced -94.5k	-94,544 -13.9%
57	OLLIES BARGAIN OUTLET HLDGS COM OLLI	OLLI	689,082	$67.6m0.33%	0.33%	Reduced -233.1k	-233,071 -25.3%
58	PROGYNY INC COM PGNY	PGNY	2,235,354	$64.0m0.31%	0.31%	Reduced -121.1k	-121,119 -5.1%
59	MONTROSE ENVIRONMENTAL GROUP COM ONT	ONT	1,395,696	$62.2m0.30%	0.30%	Added +208.8k	+208,785 17.6%
60	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	343,909	$60.7m0.30%	0.30%	Reduced -34.9k	-34,874 -9.2%
61	BIO-TECHNE CORP COM TECH	TECH	837,799	$60.0m0.29%	0.29%	Added +19.7k	+19,675 2.4%
62	BURLINGTON STORES INC COM BURL	BURL	249,449	$59.9m0.29%	0.29%	Reduced -83.4k	-83,425 -25.1%
63	QUANTA SVCS INC COM PWR	PWR	234,615	$59.6m0.29%	0.29%	Reduced -58.8k	-58,798 -20.0%
64	UBER TECHNOLOGIES INC COM UBER	UBER	783,991	$57.0m0.28%	0.28%	Reduced -979.5k	-979,517 -55.5%
65	DEXCOM INC COM DXCM	DXCM	494,644	$56.1m0.27%	0.27%	Reduced -43.9k	-43,934 -8.2%
66	CLEARWATER ANALYTICS HLDGS I CL A CL A		2,952,634	$54.7m0.27%	0.27%	Reduced -111.6k	-111,624 -3.6%
67	WABTEC COM WAB	WAB	343,405	$54.3m0.26%	0.26%	Reduced -375.6k	-375,565 -52.2%
68	NRG ENERGY INC COM NEW NRG	NRG	690,633	$53.8m0.26%	0.26%	New
69	UNITEDHEALTH GROUP INC COM UNH	UNH	103,957	$52.9m0.26%	0.26%	Added +14.9k	+14,880 16.7%
70	Q2 HLDGS INC COM QTWO	QTWO	875,403	$52.8m0.26%	0.26%	Reduced -138.5k	-138,484 -13.7%
71	SITEONE LANDSCAPE SUPPLY INC COM SITE	SITE	432,944	$52.6m0.26%	0.26%	Reduced -112.2k	-112,173 -20.6%
72	SAREPTA THERAPEUTICS INC COM SRPT	SRPT	318,252	$50.3m0.24%	0.24%	Added +60.7k	+60,686 23.6%
73	TESLA INC COM TSLA	TSLA	252,717	$50.0m0.24%	0.24%	Reduced -304.8k	-304,818 -54.7%
74	EATON CORP PLC SHS ETN	ETN	157,891	$49.5m0.24%	0.24%	Reduced -1.0k	-1,022 -0.6%
75	CITIGROUP INC COM NEW C	C	766,698	$48.7m0.24%	0.24%	Reduced -327.2k	-327,241 -29.9%
76	ALTAIR ENGR INC COM CL A ALTR	ALTR	467,469	$45.8m0.22%	0.22%	Added +3.0k	+2,957 0.6%
77	FREEPORT-MCMORAN INC CL B FCX	FCX	932,645	$45.3m0.22%	0.22%	New
78	THE TRADE DESK INC COM CL A TTD	TTD	462,579	$45.2m0.22%	0.22%	Added +241.2k	+241,234 109.0%
79	ON HLDG AG NAMEN AKT A ONON	ONON	1,152,941	$44.7m0.22%	0.22%	Added +213.8k	+213,815 22.8%
80	WALMART INC COM WMT	WMT	650,876	$44.1m0.21%	0.21%	Reduced -179.4k	-179,444 -21.6%
81	ACADIA PHARMACEUTICALS INC COM ACAD	ACAD	2,704,439	$43.9m0.21%	0.21%	Added +446.9k	+446,875 19.8%
82	NUVALENT INC COM COM		578,130	$43.9m0.21%	0.21%	Added +33.8k	+33,758 6.2%
83	GATES INDL CORP PLC ORD SHS 9666678D	9666678D	2,665,632	$42.1m0.20%	0.20%	Added +1.6m	+1,627,482 156.8%
84	ASCENDIS PHARMA A/S SPONSORED ADR SPONSORED ADR		307,073	$41.9m0.20%	0.20%	Added +121.0k	+120,952 65.0%
85	CAMECO CORP COM CCJ	CCJ	841,182	$41.4m0.20%	0.20%	Added +433.2k	+433,234 106.2%
86	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	610,839	$40.3m0.20%	0.20%	Added +447.7k	+447,656 274.3%
87	REPLIGEN CORP COM RGEN	RGEN	307,723	$38.8m0.19%	0.19%	Reduced -118.6k	-118,569 -27.8%
88	MANHATTAN ASSOCIATES INC COM MANH	MANH	156,799	$38.7m0.19%	0.19%	Reduced -9.6k	-9,581 -5.8%
89	TREX CO INC COM TREX	TREX	509,913	$37.8m0.18%	0.18%	Added +86.6k	+86,559 20.4%
90	AAR CORP COM AIR	AIR	513,720	$37.3m0.18%	0.18%	Reduced -8.9k	-8,931 -1.7%
91	DELL TECHNOLOGIES INC CL C DELL	DELL	269,224	$37.1m0.18%	0.18%	Added +211.8k	+211,754 368.5%
92	MODINE MFG CO COM MOD	MOD	369,840	$37.1m0.18%	0.18%	Added +17.9k	+17,889 5.1%
93	RXO INC COMMON STOCK RXO	RXO	1,327,292	$34.7m0.17%	0.17%	Reduced -49.9k	-49,916 -3.6%
94	BIOLIFE SOLUTIONS INC COM NEW BLFS	BLFS	1,579,138	$33.8m0.16%	0.16%	Added +88.8k	+88,840 6.0%
95	NEOGEN CORP COM NEOG	NEOG	2,137,317	$33.4m0.16%	0.16%	Added +1.8m	+1,804,550 542.3%
96	INSMED INC COM PAR $.01 INSM	INSM	498,572	$33.4m0.16%	0.16%	New
97	TWIST BIOSCIENCE CORP COM TWST	TWST	654,877	$32.3m0.16%	0.16%	Added +575.1k	+575,080 720.7%
98	VIKING THERAPEUTICS INC COM VKTX	VKTX	567,284	$30.1m0.15%	0.15%	Added +100.1k	+100,068 21.4%
99	E L F BEAUTY INC COM ELF	ELF	142,248	$30.0m0.15%	0.15%	Added +186	+186 0.1%
100	ALPHABET INC CAP STK CL A GOOGL	GOOGL	164,285	$29.9m0.15%	0.15%	Added +18.5k	+18,462 12.7%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
SHOCKWAVE MED INC SWAV	SWAV	207,005	$67.4m207.0k shares
BLOCK INC XYZ	XYZ	255,686	$21.6m255.7k shares
ATRICURE INC ATRC	ATRC	558,570	$17.0m558.6k shares
IDEX CORP IEX	IEX	67,810	$16.5m67.8k shares
DOUBLEVERIFY HLDGS INC DV	DV	414,237	$14.6m414.2k shares
ALTIMMUNE INC ALT	ALT	993,516	$10.1m993.5k shares
EQUIFAX INC EFX	EFX	37,395	$10.0m37.4k shares
AGILITI INC		985,279	$10.0m985.3k shares
BRUKER CORP BRKR	BRKR	101,007	$9.5m101.0k shares
DRIL-QUIP INC		394,701	$8.9m394.7k shares
MOLINA HEALTHCARE INC MOH	MOH	17,985	$7.4m18.0k shares
CHAMPION HOMES INC SKY	SKY	85,998	$7.3m86.0k shares
OKTA INC OKTA	OKTA	67,322	$7.0m67.3k shares
LATHAM GROUP INC SWIM	SWIM	1,324,575	$5.2m1.3m shares
AMERICAN TOWER CORP NEW AMT	AMT	24,801	$4.9m24.8k shares
FIVE BELOW INC FIVE	FIVE	22,942	$4.2m22.9k shares
AVANTOR INC AVTR	AVTR	156,863	$4.0m156.9k shares
FUSION PHARMACEUTICALS INC		167,415	$3.6m167.4k shares
NV5 GLOBAL INC NVEE	NVEE	35,192	$3.4m35.2k shares
WEBSTER FINL CORP WBS	WBS	56,029	$2.8m56.0k shares
IOVANCE BIOTHERAPEUTICS INC IOVA	IOVA	182,765	$2.7m182.8k shares
THE CIGNA GROUP CI	CI	7,229	$2.6m7.2k shares
SCHOLAR ROCK HLDG CORP SRRK	SRRK	147,201	$2.6m147.2k shares
PIONEER NAT RES CO PXD	PXD	9,633	$2.5m9.6k shares
HASHICORP INC HCP	HCP	91,147	$2.5m91.1k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
INVESCO QQQ TR QQQ · Put	QQQ	Put	18,500	$8.9m18.5k shares	New