Fred Alger Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Fred Alger Management, LLC reported 405 stock positions worth $21.0 billion. Its top holding was Nvidia (NVDA) at 9.5% of the portfolio, followed by Microsoft (MSFT, 9.4%) and Amazon.com (AMZN, 6.8%). Compared with Q3 2024, it opened 56 new positions, sold out of 84, added to 118 and reduced 219. The biggest buy was Tesla (TSLA, shares +63%) and the biggest sale an exit from Taiwan Semiconductor-SP ADR (TSM).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000003520
- Portfolio Value
- $21.0B (Q4 2024)
- SEC Filing
- 0000950123-25-002764 ↗ filed Feb 14, 2025
Holdings Value
Holdings 405 stocks · $21.0B
| NVDA Nvidia Corp. | 9.52% | 14,874,449 | $2.0B | Reduce -0.2% |
| MSFT Microsoft Corp. | 9.38% | 4,668,765 | $2.0B | Reduce -2.5% |
| AMZN Amazon.com Inc. | 6.81% | 6,514,466 | $1.4B | Add +2.1% |
| AAPL Apple Inc. | 5.36% | 4,487,750 | $1.1B | Reduce -7.0% |
| META Meta Platforms Inc. Class A | 5.20% | 1,864,884 | $1.1B | Reduce -1.9% |
| APP AppLovin Corp. Class A | 3.91% | 2,530,729 | $819.5M | Reduce -28.5% |
| AVGO Broadcom Inc. | 3.15% | 2,855,741 | $662.1M | Reduce -6.7% |
| NTRA Natera Inc. | 2.28% | 3,017,816 | $477.7M | Reduce -24.8% |
| TSLA Tesla Inc. | 2.27% | 1,179,293 | $476.2M | Add +62.6% |
| GFL GFL Environmental Inc.-Sub VT | 2.21% | 10,411,148 | $463.7M | Add +1.9% |
| NFLX Netflix Inc. | 1.94% | 457,636 | $407.9M | Add +26.1% |
| GOOG Alphabet Inc. Class C | 1.79% | 1,970,215 | $375.2M | Reduce -12.4% |
| VRT Vertiv Holdings Co. Class A | 1.58% | 2,923,515 | $332.1M | Reduce -11.9% |
| V Visa Inc. Class A | 1.58% | 1,047,921 | $331.2M | Add +6.6% |
| GLBE Global-E Online Ltd. | 1.10% | 4,239,470 | $231.2M | Add +204.7% |
| SPGI S&P Global Inc. | 0.96% | 403,257 | $200.8M | Reduce -10.5% |
| TLN Talen Energy Corp. | 0.92% | 954,747 | $192.4M | Add +152.9% |
| SPOT Spotify Technology SA | 0.91% | 424,525 | $189.9M | Reduce -4.1% |
| ISRG Intuitive Surgical Inc. | 0.87% | 350,450 | $182.9M | Reduce -5.1% |
| ALAB Astera Labs Inc. | 0.87% | 1,380,395 | $182.8M | Reduce -51.1% |
| HEI.A Heico Corp. Class A | 0.83% | 933,918 | $173.8M | Reduce -7.3% |
| MELI MercadoLibre Inc. | 0.75% | 92,289 | $156.9M | Add +2.5% |
| UAL United Airlines Holdings Inc. | 0.74% | 1,605,145 | $155.9M | New |
| NBIS Nebius Group NV | 0.74% | 5,588,985 | $154.8M | New |
| FWONK Liberty Media Corp. Class C | 0.67% | 1,523,998 | $141.2M | Reduce -8.7% |
| TDG Transdigm Group Inc. | 0.66% | 108,791 | $137.9M | Reduce -30.9% |
| LLY Eli Lilly & Co. | 0.63% | 172,251 | $133.0M | Reduce -34.0% |
| CDNS Cadence Design SYS Inc. | 0.61% | 427,427 | $128.4M | Add +34.3% |
| BSX Boston Scientific Corp. | 0.58% | 1,373,021 | $122.6M | Reduce -23.3% |
| UPST Upstart Holdings Inc. | 0.56% | 1,915,121 | $117.9M | Add +53.6% |
| GKOS Glaukos Corp. | 0.55% | 764,958 | $114.7M | Reduce -29.0% |
| SE Sea Ltd.-ADR | 0.53% | 1,056,878 | $112.1M | Add +100.3% |
| FSV Firstservice Corp. | 0.53% | 615,357 | $111.5M | Reduce -17.9% |
| VERX Vertex Inc. Class A | 0.52% | 2,060,284 | $109.9M | Reduce -19.0% |
| NET Cloudflare Inc. Class A | 0.48% | 934,286 | $100.6M | Add +856.3% |
| NOW ServiceNow Inc. | 0.47% | 93,739 | $99.4M | Add +12.2% |
| STEP Stepstone Group Inc. Class A | 0.45% | 1,619,361 | $93.7M | Reduce -20.0% |
| SMTC Semtech Corp. | 0.44% | 1,491,844 | $92.3M | Add +122.6% |
| AGYS Agilysys Inc. | 0.44% | 700,019 | $92.2M | Reduce -12.6% |
| HLNE Hamilton Lane Inc. Class A | 0.43% | 611,525 | $90.8M | Reduce -1.2% |
| SPSC SPS Commerce Inc. | 0.42% | 481,317 | $88.6M | Add +5.6% |
| CWST Casella Waste Systems Inc. Class A | 0.41% | 813,403 | $86.1M | Reduce -23.9% |
| CEG Constellation Energy | 0.39% | 364,231 | $81.5M | Reduce -37.9% |
| ETN Eaton Corp. PLC | 0.35% | 223,936 | $74.3M | Reduce -9.8% |
| NRG NRG Energy Inc. | 0.35% | 808,454 | $72.9M | Reduce -5.4% |
| XMTR Xometry Inc. Class A | 0.34% | 1,673,621 | $71.4M | Reduce -7.8% |
| ADBE Adobe Inc. | 0.34% | 159,879 | $71.1M | Reduce -40.9% |
| QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC | 0.34% | 706,126 | $71.1M | Reduce -14.7% |
| TNDM Tandem Diabetes Care Inc. | 0.33% | 1,943,356 | $70.0M | Reduce -1.8% |
| PWR Quanta Services Inc. | 0.33% | 218,695 | $69.1M | Reduce -15.2% |
| HEI Heico Corp. | 0.32% | 286,180 | $68.0M | Reduce -21.4% |
| CWAN Clearwater Analytics HDS-A | 0.32% | 2,469,228 | $68.0M | Add +16.9% |
| WING Wingstop Inc. | 0.32% | 234,546 | $66.7M | Reduce -8.7% |
| DKNG Draftkings Inc. Class A | 0.32% | 1,783,698 | $66.4M | Reduce -61.6% |
| VST Vistra Corp. | 0.32% | 480,574 | $66.3M | New |
| PINS Pinterest Inc. Class A | 0.32% | 2,284,600 | $66.3M | Reduce -56.7% |
| RBC RBC Bearings Inc. | 0.31% | 218,937 | $65.5M | Reduce -17.3% |
| EQIX Equinix Inc. | 0.30% | 66,850 | $63.0M | Reduce -63.9% |
| CORZ Core Scientific Inc. | 0.30% | 4,413,567 | $62.0M | New |
| ADSK Autodesk Inc. | 0.29% | 204,295 | $60.4M | Add +7721.4% |
| OLLI Ollie's Bargain Outlet Holdi | 0.28% | 539,556 | $59.2M | Reduce -30.1% |
| GWRE Guidewire Software Inc. | 0.28% | 343,282 | $57.9M | Reduce -30.1% |
| AMD Advanced Micro Devices | 0.26% | 443,911 | $53.6M | Reduce -33.2% |
| BNTX Biontech SE-ADR | 0.25% | 465,377 | $53.0M | Reduce -7.1% |
| HOOD Robinhood Markets Inc. Class A | 0.25% | 1,394,315 | $52.0M | New |
| RGEN Repligen Corp. | 0.25% | 359,507 | $51.7M | Reduce -9.8% |
| DAL Delta Air Lines Inc. | 0.25% | 854,478 | $51.7M | New |
| NEOG Neogen Corp. | 0.24% | 4,219,834 | $51.2M | Add +5.8% |
| GTES Gates Industrial Corp. UK Ltd. | 0.24% | 2,450,560 | $50.4M | Reduce -13.3% |
| ACAD Acadia Pharmaceuticals Inc. | 0.24% | 2,714,929 | $49.8M | Reduce -14.8% |
| PRO Pros Holdings Inc. | 0.23% | 2,207,784 | $48.5M | Reduce -12.5% |
| MLM Martin Marietta Materials | 0.22% | 89,281 | $46.1M | Reduce -38.3% |
| SITE Siteone Landscape Supply Inc. | 0.21% | 341,456 | $45.0M | Reduce -13.0% |
| XYZ Block Inc. | 0.21% | 522,186 | $44.4M | Add +39.3% |
| BX Blackstone Inc. | 0.21% | 255,884 | $44.1M | Add +22.2% |
| PLNT Planet Fitness Inc. Class A | 0.21% | 438,176 | $43.3M | Add +18.9% |
| PCVX Vaxcyte Inc. | 0.20% | 523,007 | $42.8M | Reduce -58.0% |
| FTAI Ftai Aviation Ltd. | 0.20% | 295,604 | $42.6M | Add +16.6% |
| WGS Genedx Holdings Corp. | 0.20% | 546,054 | $42.0M | Add +38.5% |
| NCNO Ncino Inc. | 0.20% | 1,236,940 | $41.5M | Reduce -17.7% |
| BLFS Biolife Solutions Inc. | 0.20% | 1,594,221 | $41.4M | Add +1.0% |
| RXO Rxo Inc. | 0.20% | 1,733,331 | $41.3M | Reduce -1.0% |
| TECH Bio-Techne Corp. | 0.20% | 572,152 | $41.2M | Reduce -12.2% |
| LOAR Loar Holdings Inc. | 0.20% | 555,366 | $41.0M | Add +164.1% |
| WAB Wabtec Corp. | 0.19% | 206,092 | $39.1M | Reduce -9.4% |
| BLDR Builders Firstsource Inc. | 0.18% | 257,400 | $36.8M | Reduce -3.1% |
| PLTR Palantir Technologies Inc. Class A | 0.17% | 482,700 | $36.5M | Add +58.4% |
| MLTX Moonlake Immunotherapeutics | 0.17% | 673,773 | $36.5M | Add +1.1% |
| BURL Burlington Stores Inc. | 0.17% | 124,488 | $35.5M | Reduce -50.4% |
| MOD Modine Manufacturing Co. | 0.17% | 305,667 | $35.4M | Reduce -12.6% |
| TWST Twist Bioscience Corp. | 0.17% | 761,224 | $35.4M | Reduce -0.8% |
| KRUS Kura Sushi USA Inc. Class A | 0.17% | 383,181 | $34.7M | Reduce -24.2% |
| CDNA Caredx Inc. | 0.16% | 1,613,992 | $34.6M | Add +7.3% |
| FSS Federal Signal Corp. | 0.16% | 371,739 | $34.3M | Add +9.9% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.16% | 616,905 | $33.8M | Reduce -14.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.16% | 95,672 | $32.7M | Add +23.2% |
| SRPT Sarepta Therapeutics Inc. | 0.16% | 269,112 | $32.7M | Reduce -6.2% |
| GS Goldman Sachs Group Inc. | 0.16% | 57,043 | $32.7M | New |
| GOOGL Alphabet Inc. Class A | 0.15% | 161,231 | $30.5M | Reduce -0.5% |
| INTA Intapp Inc. | 0.15% | 475,936 | $30.5M | Reduce -9.6% |
Options reported separately and not counted above: INVESCO QQQ TR puts ($772K).
Portfolio Sells Q3 2024 → Q4 2024
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −1.74 |
| DHR Danaher Corp. | Reduce -93.9% | 0.04% | −0.68 |
| MSFT Microsoft Corp. | Reduce -2.5% | 9.38% | −0.61 |
| DKNG Draftkings Inc. Class A | Reduce -61.6% | 0.32% | −0.57 |
| PINS Pinterest Inc. Class A | Reduce -56.7% | 0.32% | −0.51 |
| EQIX Equinix Inc. | Reduce -63.9% | 0.30% | −0.50 |
| LLY Eli Lilly & Co. | Reduce -34.0% | 0.63% | −0.49 |
| PCVX Vaxcyte Inc. | Reduce -58.0% | 0.20% | −0.48 |
| UNH Unitedhealth Group Inc. | Reduce -82.3% | 0.08% | −0.48 |
| TDG Transdigm Group Inc. | Reduce -30.9% | 0.66% | −0.43 |
| AMGN Amgen Inc. | Reduce -92.3% | 0.03% | −0.41 |
| CCJ Cameco Corp. | Reduce -94.3% | 0.02% | −0.37 |
| CEG Constellation Energy | Reduce -37.9% | 0.39% | −0.35 |
| ADBE Adobe Inc. | Reduce -40.9% | 0.34% | −0.34 |
| DELL Dell Technologies -C | Reduce -93.2% | 0.02% | −0.33 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.32 |
| AMD Advanced Micro Devices | Reduce -33.2% | 0.26% | −0.27 |
| WING Wingstop Inc. | Reduce -8.7% | 0.32% | −0.20 |
| NUVL Nuvalent Inc. Class A | Reduce -50.9% | 0.11% | −0.20 |
| APPF Appfolio Inc. Class A | Reduce -91.6% | 0.02% | −0.19 |
| NTRA Natera Inc. | Reduce -24.8% | 2.28% | −0.19 |
| ALTR Altair Engineering Inc. Class A | Sold out | 0.00% | −0.18 |
| SPGI S&P Global Inc. | Reduce -10.5% | 0.96% | −0.17 |
| MRVL Marvell Technology Inc. | Reduce -73.1% | 0.12% | −0.17 |
| HEI.A Heico Corp. Class A | Reduce -7.3% | 0.83% | −0.17 |
| GWRE Guidewire Software Inc. | Reduce -30.1% | 0.28% | −0.16 |
| MLM Martin Marietta Materials | Reduce -38.3% | 0.22% | −0.16 |
| UBER Uber Technologies Inc. | Reduce -73.5% | 0.04% | −0.15 |
| BURL Burlington Stores Inc. | Reduce -50.4% | 0.17% | −0.15 |
| ONT Onterris Inc. | Reduce -45.7% | 0.09% | −0.15 |
| BSX Boston Scientific Corp. | Reduce -23.3% | 0.58% | −0.14 |
| HEI Heico Corp. | Reduce -21.4% | 0.32% | −0.14 |
| VKTX Viking Therapeutics Inc. | Reduce -85.4% | 0.01% | −0.14 |
| GKOS Glaukos Corp. | Reduce -29.0% | 0.55% | −0.13 |
| FSV Firstservice Corp. | Reduce -17.9% | 0.53% | −0.13 |
| CPNG Coupang Inc. | Reduce -91.8% | 0.01% | −0.13 |
| SHOP Shopify Inc. Class A | Reduce -92.8% | 0.01% | −0.13 |
| ASND Ascendis Pharma A/S | Reduce -56.7% | 0.07% | −0.11 |
| STEP Stepstone Group Inc. Class A | Reduce -20.0% | 0.45% | −0.11 |
| CWST Casella Waste Systems Inc. Class A | Reduce -23.9% | 0.41% | −0.11 |
| FERG Ferguson Enterprises Inc. | Reduce -54.8% | 0.07% | −0.10 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -72.4% | 0.03% | −0.10 |
| TRNS Transcat Inc. | Reduce -39.0% | 0.11% | −0.10 |
| MDGL Madrigal Pharmaceuticals Inc. | Sold out | 0.00% | −0.10 |
| AAPL Apple Inc. | Reduce -7.0% | 5.36% | −0.09 |
| RVMD Revolution Medicines Inc. | Reduce -72.6% | 0.03% | −0.09 |
| RACE Ferrari NV | Sold out | 0.00% | −0.09 |
| CAMT Camtek Ltd. | Sold out | 0.00% | −0.08 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -30.1% | 0.28% | −0.08 |
| BLDR Builders Firstsource Inc. | Reduce -3.1% | 0.18% | −0.07 |
Portfolio Buys Q3 2024 → Q4 2024
| TSLA Tesla Inc. | Add +62.6% | 2.27% | +1.35 |
| AMZN Amazon.com Inc. | Add +2.1% | 6.81% | +1.05 |
| GLBE Global-E Online Ltd. | Add +204.7% | 1.10% | +0.84 |
| UAL United Airlines Holdings Inc. | New | 0.74% | +0.74 |
| NBIS Nebius Group NV | New | 0.74% | +0.74 |
| NFLX Netflix Inc. | Add +26.1% | 1.94% | +0.70 |
| TLN Talen Energy Corp. | Add +152.9% | 0.92% | +0.59 |
| NET Cloudflare Inc. Class A | Add +856.3% | 0.48% | +0.44 |
| UPST Upstart Holdings Inc. | Add +53.6% | 0.56% | +0.32 |
| VST Vistra Corp. | New | 0.32% | +0.32 |
| CORZ Core Scientific Inc. | New | 0.30% | +0.30 |
| SE Sea Ltd.-ADR | Add +100.3% | 0.53% | +0.29 |
| SMTC Semtech Corp. | Add +122.6% | 0.44% | +0.29 |
| ADSK Autodesk Inc. | Add +7721.4% | 0.29% | +0.28 |
| V Visa Inc. Class A | Add +6.6% | 1.58% | +0.27 |
| HOOD Robinhood Markets Inc. Class A | New | 0.25% | +0.25 |
| DAL Delta Air Lines Inc. | New | 0.25% | +0.25 |
| GFL GFL Environmental Inc.-Sub VT | Add +1.9% | 2.21% | +0.23 |
| CDNS Cadence Design SYS Inc. | Add +34.3% | 0.61% | +0.19 |
| GS Goldman Sachs Group Inc. | New | 0.16% | +0.16 |
| WFC Wells Fargo & Co. | New | 0.14% | +0.14 |
| FBRX Forte Biosciences Inc. | Add +1271.2% | 0.12% | +0.12 |
| LOAR Loar Holdings Inc. | Add +164.1% | 0.20% | +0.12 |
| PLTR Palantir Technologies Inc. Class A | Add +58.4% | 0.17% | +0.12 |
| WGS Genedx Holdings Corp. | Add +38.5% | 0.20% | +0.12 |
| VSEC Vse Corp. | New | 0.12% | +0.12 |
| NOW ServiceNow Inc. | Add +12.2% | 0.47% | +0.11 |
| EFX Equifax Inc. | New | 0.10% | +0.10 |
| COIN Coinbase Global Inc. Class A | Add +459.8% | 0.10% | +0.09 |
| XYZ Block Inc. | Add +39.3% | 0.21% | +0.09 |
| DKS Dick's Sporting Goods Inc. | New | 0.09% | +0.09 |
| MC Moelis & Co. Class A | New | 0.08% | +0.08 |
| PAR Par Technology Corp. | Add +146.1% | 0.11% | +0.08 |
| C Citigroup Inc. | New | 0.07% | +0.07 |
| ENVX Enovix Corp. | Add +212.4% | 0.10% | +0.07 |
| CWAN Clearwater Analytics HDS-A | Add +16.9% | 0.32% | +0.07 |
| PLNT Planet Fitness Inc. Class A | Add +18.9% | 0.21% | +0.06 |
| ROAD Construction Partners Inc. Class A | Add +36.9% | 0.14% | +0.06 |
| BX Blackstone Inc. | Add +22.2% | 0.21% | +0.05 |
| TPC Tutor Perini Corp. | Add +91.9% | 0.13% | +0.05 |
| BABA Alibaba Group Holding-SP ADR | Add +584.9% | 0.06% | +0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +23.2% | 0.16% | +0.05 |
| PPL PPL Corp. | New | 0.05% | +0.05 |
| OWL Blue Owl Capital Inc. | Add +39.6% | 0.12% | +0.05 |
| BTDR Bitdeer Technologies Group-A | New | 0.05% | +0.05 |
| CSW CSW Industrials Inc. | Add +103.4% | 0.10% | +0.05 |
| RBLX Roblox Corp. Class A | Add +37.8% | 0.10% | +0.04 |
| PYPL PayPal Holdings Inc. | Add +65.7% | 0.09% | +0.04 |
| FTAI Ftai Aviation Ltd. | Add +16.6% | 0.20% | +0.04 |
| JOBY Joby Aviation Inc. | Add +774.7% | 0.04% | +0.04 |
Options Activity Q3 2024 → Q4 2024
| INVESCO QQQ TR | put | New | 340 | $772K |
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 166 | $42Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 424 | $30.0B | NVDA, MSFT, AMZN, NBIS, GOOG |
| Q1 2026 | 443 | $22.8B | NVDA, MSFT, AMZN, AAPL, GOOG |
| Q4 2025 | 457 | $25.5B | NVDA, MSFT, AMZN, META, AAPL |
| Q3 2025 | 445 | $25.7B | NVDA, MSFT, META, AMZN, APP |
| Q2 2025 | 430 | $22.3B | NVDA, MSFT, AMZN, META, APP |
| Q1 2025 | 416 | $17.6B | MSFT, NVDA, AMZN, META, AAPL |
| Q4 2024 | 405 | $21.0B | NVDA, MSFT, AMZN, AAPL, META |
| Q3 2024 | 433 | $20.6B | MSFT, NVDA, AMZN, AAPL, META |
| Q2 2024 | 424 | $20.6B | MSFT, NVDA, AMZN, AAPL, META |
| Q1 2024 | 443 | $20.2B | MSFT, NVDA, AMZN, META, AAPL |