Fred Alger Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Fred Alger Management, LLC reported 443 stock positions worth $22.8 billion. Its top holding was Nvidia (NVDA) at 12.5% of the portfolio, followed by Microsoft (MSFT, 8.1%) and Amazon.com (AMZN, 6.5%). Compared with Q4 2025, it opened 62 new positions, sold out of 76, added to 107 and reduced 260. The biggest buy was Nebius (NBIS, shares +21%) and the biggest sale AppLovin Class A (APP, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000003520
- Portfolio Value
- $22.8B (Q1 2026)
- SEC Filing
- 0001193125-26-226659 ↗ filed May 15, 2026
Holdings Value
Holdings 443 stocks · $22.8B
| NVDA Nvidia Corp. | 12.55% | 16,381,918 | $2.9B | Add +7.1% |
| MSFT Microsoft Corp. | 8.11% | 4,986,013 | $1.8B | Reduce -0.1% |
| AMZN Amazon.com Inc. | 6.54% | 7,153,123 | $1.5B | Add +1.4% |
| AAPL Apple Inc. | 5.17% | 4,636,913 | $1.2B | Add +1.9% |
| GOOG Alphabet Inc. Class C | 4.82% | 3,823,140 | $1.1B | Add +8.7% |
| META Meta Platforms Inc. Class A | 4.47% | 1,779,598 | $1.0B | Reduce -9.6% |
| NBIS Nebius Group NV | 4.38% | 9,599,306 | $996.0M | Add +20.9% |
| AVGO Broadcom Inc. | 4.01% | 2,949,411 | $912.9M | Add +2.5% |
| WDC Western Digital Corp. | 3.16% | 2,659,835 | $719.5M | Reduce -0.9% |
| TSLA Tesla Inc. | 2.98% | 1,825,663 | $678.7M | Add +10.4% |
| APP AppLovin Corp. Class A | 2.05% | 1,173,040 | $466.9M | Reduce -29.9% |
| QXO Qxo Inc. | 1.91% | 22,404,712 | $435.1M | Add +40.7% |
| TLN Talen Energy Corp. | 1.66% | 1,185,953 | $378.6M | Reduce -34.3% |
| NTRA Natera Inc. | 1.54% | 1,756,472 | $351.3M | Reduce -3.6% |
| GEV GE Vernova Inc. | 1.31% | 340,739 | $297.6M | Reduce -20.7% |
| ALAB Astera Labs Inc. | 1.24% | 2,573,005 | $282.0M | Add +33.0% |
| SE Sea Ltd.-ADR | 1.23% | 3,370,698 | $279.1M | Add +21.8% |
| GFL GFL Environmental Inc.-Sub VT | 1.10% | 6,017,527 | $251.1M | Add +19.8% |
| ARWR Arrowhead Pharmaceuticals Inc. | 0.92% | 3,342,493 | $209.6M | Add +82.3% |
| HEI.A Heico Corp. Class A | 0.89% | 961,365 | $202.9M | Add +7.7% |
| NFLX Netflix Inc. | 0.86% | 2,032,997 | $195.5M | Reduce -26.1% |
| ISRG Intuitive Surgical Inc. | 0.78% | 386,739 | $178.3M | Add +10.2% |
| MELI MercadoLibre Inc. | 0.72% | 94,718 | $163.8M | Add +9.3% |
| AZN Astrazeneca PLC | 0.66% | 768,754 | $151.4M | Add +16.6% |
| ROKU Roku Inc. | 0.66% | 1,591,123 | $150.6M | Add +11.9% |
| RKT Rocket Cos Inc. Class A | 0.64% | 10,189,429 | $145.2M | Reduce -0.0% |
| BIIB Biogen Inc. | 0.59% | 733,194 | $134.4M | Reduce -8.2% |
| FIGR Figure Technology Solut Class A | 0.57% | 3,838,851 | $130.3M | Add +132.7% |
| VRT Vertiv Holdings Co. Class A | 0.52% | 472,924 | $118.5M | Reduce -18.3% |
| NET Cloudflare Inc. Class A | 0.49% | 538,062 | $111.0M | Add +22.7% |
| CAH Cardinal Health Inc. | 0.48% | 522,453 | $110.4M | Add +29.1% |
| SHOP Shopify Inc. Class A | 0.48% | 930,697 | $110.4M | Add +58.3% |
| LLY Eli Lilly & Co. | 0.48% | 118,770 | $109.2M | Add +18.1% |
| MDB Mongodb Inc. | 0.47% | 438,613 | $107.4M | Reduce -21.9% |
| WELL Welltower Inc. | 0.46% | 533,533 | $105.5M | Add +797.9% |
| DNTH Dianthus Therapeutics Inc. | 0.43% | 1,161,923 | $97.5M | Add +3372.6% |
| RBC RBC Bearings Inc. | 0.43% | 179,134 | $97.3M | Add +3.0% |
| PLTR Palantir Technologies Inc. Class A | 0.42% | 651,134 | $95.2M | Add +788.8% |
| DD Dupont DE Nemours Inc. | 0.41% | 2,024,564 | $92.7M | Reduce -15.3% |
| BSX Boston Scientific Corp. | 0.40% | 1,454,619 | $91.3M | Add +32.6% |
| ANET Arista Networks Inc. | 0.37% | 682,773 | $83.8M | New |
| JNJ Johnson & Johnson | 0.36% | 334,592 | $81.8M | Add +416.2% |
| HOOD Robinhood Markets Inc. Class A | 0.34% | 1,114,474 | $77.2M | Add +17.7% |
| NRG NRG Energy Inc. | 0.32% | 497,083 | $72.6M | Add +1783.5% |
| ASND Ascendis Pharma A/S | 0.31% | 304,896 | $69.7M | Reduce -13.4% |
| GOOGL Alphabet Inc. Class A | 0.29% | 231,491 | $66.6M | Reduce -4.8% |
| TPC Tutor Perini Corp. | 0.27% | 809,737 | $62.5M | Reduce -26.8% |
| CEG Constellation Energy | 0.26% | 211,998 | $59.2M | Reduce -58.4% |
| FTAI Ftai Aviation Ltd. | 0.26% | 239,933 | $58.8M | Reduce -36.3% |
| GH Guardant Health Inc. | 0.25% | 622,259 | $57.5M | Add +5.5% |
| HEI Heico Corp. | 0.24% | 198,049 | $54.3M | Add +1.6% |
| SN Sharkninja Inc. | 0.24% | 509,518 | $54.0M | Add +1266.2% |
| RGEN Repligen Corp. | 0.23% | 434,774 | $51.2M | Reduce -52.3% |
| FSV Firstservice Corp. | 0.22% | 366,514 | $50.9M | Reduce -17.6% |
| EQPT Equipmentshare.com Inc. Class A | 0.22% | 2,466,238 | $50.2M | New |
| CAT Caterpillar Inc. | 0.22% | 70,030 | $49.6M | Reduce -13.5% |
| VSEC Vse Corp. | 0.21% | 264,254 | $48.7M | Reduce -28.3% |
| SPOT Spotify Technology SA | 0.21% | 99,688 | $48.3M | Reduce -78.5% |
| UNH Unitedhealth Group Inc. | 0.21% | 177,706 | $48.1M | Add +26.2% |
| COGT Cogent Biosciences Inc. | 0.21% | 1,239,700 | $47.7M | Add +12.5% |
| KLAC KLA Corp. | 0.21% | 32,286 | $47.5M | Reduce -3.5% |
| AORT Artivion Inc. | 0.19% | 1,208,371 | $44.3M | Reduce -12.0% |
| V Visa Inc. Class A | 0.19% | 140,171 | $42.4M | Reduce -44.9% |
| CWST Casella Waste Systems Inc. Class A | 0.18% | 526,659 | $41.8M | Add +17.4% |
| VEEV Veeva Systems Inc. Class A | 0.17% | 222,421 | $39.1M | New |
| MRK Merck & Co. Inc. | 0.17% | 321,001 | $38.7M | Add +625.4% |
| MGY Magnolia Oil & Gas Corp. Class A | 0.17% | 1,195,380 | $37.7M | Add +594.1% |
| STRL Sterling Infrastructure Inc. | 0.17% | 92,268 | $37.6M | Reduce -15.5% |
| MU Micron Technology Inc. | 0.16% | 110,873 | $37.5M | Add +630.7% |
| LGN Legence Corp. Class A | 0.16% | 661,335 | $37.3M | Add +34.9% |
| JPM JPMorgan Chase & Co. | 0.16% | 121,944 | $35.9M | Reduce -8.9% |
| CVNA Carvana Co. | 0.16% | 113,480 | $35.7M | Reduce -33.0% |
| AIR Aar Corp. | 0.16% | 323,111 | $35.4M | Reduce -47.0% |
| WMT Walmart Inc. | 0.15% | 280,511 | $34.9M | Add +41.5% |
| KRMN Karman Holdings Inc. | 0.15% | 436,201 | $34.9M | Add +183.7% |
| LOAR Loar Holdings Inc. | 0.15% | 580,880 | $33.3M | Reduce -7.5% |
| IRTC Irhythm Holdings Inc. | 0.15% | 280,040 | $33.1M | Reduce -9.8% |
| FBRX Forte Biosciences Inc. | 0.14% | 1,273,965 | $33.0M | Reduce -12.8% |
| CDNS Cadence Design SYS Inc. | 0.14% | 112,733 | $31.3M | Add +68.6% |
| MLM Martin Marietta Materials | 0.14% | 52,273 | $30.8M | Reduce -67.8% |
| SPGI S&P Global Inc. | 0.14% | 72,308 | $30.8M | Reduce -71.6% |
| TKO Tko Group Holdings Inc. | 0.13% | 148,506 | $29.9M | Reduce -8.2% |
| DOCN Digitalocean Holdings Inc. | 0.13% | 344,756 | $29.6M | New |
| LRN Stride Inc. | 0.13% | 325,825 | $28.7M | New |
| ADPT Adaptive Biotechnologies | 0.13% | 2,063,146 | $28.6M | Reduce -8.1% |
| ACAD Acadia Pharmaceuticals Inc. | 0.12% | 1,277,151 | $28.4M | Reduce -18.1% |
| FIX Comfort Systems USA Inc. | 0.12% | 20,564 | $28.4M | Reduce -24.5% |
| CDNL Cardinal Infrastructure GR-A | 0.12% | 686,585 | $27.2M | Add +180.4% |
| HWM Howmet Aerospace Inc. | 0.12% | 115,753 | $26.7M | Add +10.6% |
| SMTC Semtech Corp. | 0.11% | 335,608 | $25.8M | Reduce -61.0% |
| MOD Modine Manufacturing Co. | 0.11% | 118,894 | $25.8M | Reduce -24.9% |
| ROIV Roivant Sciences Ltd. | 0.11% | 925,186 | $25.6M | Add +727.0% |
| SPXC SPX Technologies Inc. | 0.11% | 126,389 | $25.3M | Reduce -4.2% |
| XMTR Xometry Inc. Class A | 0.11% | 603,280 | $24.6M | Add +3.9% |
| STX Seagate Technology Holdings | 0.11% | 62,559 | $24.5M | Add +19.5% |
| PLNT Planet Fitness Inc. Class A | 0.11% | 328,859 | $24.5M | Reduce -31.0% |
| MS Morgan Stanley | 0.11% | 148,604 | $24.5M | Reduce -16.8% |
| STEP Stepstone Group Inc. Class A | 0.11% | 512,242 | $24.4M | Reduce -43.5% |
| MP MP Materials Corp. | 0.11% | 498,037 | $24.0M | Add +73.5% |
| TWLO Twilio Inc. Class A | 0.11% | 190,741 | $24.0M | Reduce -48.8% |
Options reported separately and not counted above: 0 puts ($1.4M).
Portfolio Sells Q4 2025 → Q1 2026
| APP AppLovin Corp. Class A | Reduce -29.9% | 2.05% | −2.37 |
| MSFT Microsoft Corp. | Reduce -0.1% | 8.11% | −1.36 |
| TLN Talen Energy Corp. | Reduce -34.3% | 1.66% | −0.99 |
| SPOT Spotify Technology SA | Reduce -78.5% | 0.21% | −0.84 |
| META Meta Platforms Inc. Class A | Reduce -9.6% | 4.47% | −0.62 |
| VST Vistra Corp. | Reduce -84.6% | 0.10% | −0.50 |
| MDB Mongodb Inc. | Reduce -21.9% | 0.47% | −0.45 |
| CEG Constellation Energy | Reduce -58.4% | 0.26% | −0.45 |
| FWONK Liberty Media Corp. Class C | Reduce -84.7% | 0.07% | −0.42 |
| SPGI S&P Global Inc. | Reduce -71.6% | 0.14% | −0.39 |
| RGEN Repligen Corp. | Reduce -52.3% | 0.23% | −0.36 |
| MLM Martin Marietta Materials | Reduce -67.8% | 0.14% | −0.26 |
| U Unity Software Inc. | Reduce -99.2% | 0.00% | −0.23 |
| WING Wingstop Inc. | Reduce -65.1% | 0.06% | −0.17 |
| V Visa Inc. Class A | Reduce -44.9% | 0.19% | −0.16 |
| NFLX Netflix Inc. | Reduce -26.1% | 0.86% | −0.15 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −0.15 |
| SGI Somnigroup International Inc. | Reduce -59.5% | 0.09% | −0.15 |
| CDTX Cidara Therapeutics Inc. | Sold out | 0.00% | −0.14 |
| RKT Rocket Cos Inc. Class A | Reduce -0.0% | 0.64% | −0.14 |
| SMTC Semtech Corp. | Reduce -61.0% | 0.11% | −0.14 |
| CVNA Carvana Co. | Reduce -33.0% | 0.16% | −0.12 |
| STEP Stepstone Group Inc. Class A | Reduce -43.5% | 0.11% | −0.12 |
| UPST Upstart Holdings Inc. | Reduce -44.4% | 0.06% | −0.11 |
| TWLO Twilio Inc. Class A | Reduce -48.8% | 0.11% | −0.10 |
| GWRE Guidewire Software Inc. | Reduce -67.1% | 0.04% | −0.10 |
| PGNY Progyny Inc. | Reduce -57.9% | 0.04% | −0.10 |
| PLNT Planet Fitness Inc. Class A | Reduce -31.0% | 0.11% | −0.10 |
| GLXY Galaxy Digital Inc. Class A | Reduce -92.1% | 0.01% | −0.09 |
| NTRA Natera Inc. | Reduce -3.6% | 1.54% | −0.09 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.09 |
| GKOS Glaukos Corp. | Reduce -65.0% | 0.05% | −0.09 |
| NCNO Ncino Inc. | Reduce -34.0% | 0.06% | −0.08 |
| LULU Lululemon Athletica Inc. | Reduce -84.7% | 0.01% | −0.08 |
| RBRK Rubrik Inc. Class A | Reduce -94.2% | 0.00% | −0.08 |
| RBLX Roblox Corp. Class A | Reduce -82.5% | 0.01% | −0.08 |
| WGS Genedx Holdings Corp. | Reduce -23.9% | 0.06% | −0.08 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.08 |
| SPHR Sphere Entertainment Co. | Reduce -69.1% | 0.06% | −0.07 |
| AGYS Agilysys Inc. | Reduce -31.4% | 0.06% | −0.07 |
| IRTC Irhythm Holdings Inc. | Reduce -9.8% | 0.15% | −0.07 |
| RDNT Radnet Inc. | Reduce -37.6% | 0.08% | −0.07 |
| ONT Onterris Inc. | Reduce -63.7% | 0.04% | −0.07 |
| STVN Stevanato Group SPA | Sold out | 0.00% | −0.07 |
| GLBE Global-E Online Ltd. | Sold out | 0.00% | −0.06 |
| HLNE Hamilton Lane Inc. Class A | Reduce -28.5% | 0.08% | −0.06 |
| COMP Compass Inc. Class A | Sold out | 0.00% | −0.05 |
| AORT Artivion Inc. | Reduce -12.0% | 0.19% | −0.05 |
| PVLA Palvella Therapeutics Inc. | Reduce -85.8% | 0.01% | −0.05 |
| PLMR Palomar Holdings Inc. | Reduce -52.2% | 0.04% | −0.05 |
Portfolio Buys Q4 2025 → Q1 2026
| NBIS Nebius Group NV | Add +20.9% | 4.38% | +1.77 |
| NVDA Nvidia Corp. | Add +7.1% | 12.55% | +1.36 |
| QXO Qxo Inc. | Add +40.7% | 1.91% | +0.71 |
| GOOG Alphabet Inc. Class C | Add +8.7% | 4.82% | +0.49 |
| ARWR Arrowhead Pharmaceuticals Inc. | Add +82.3% | 0.92% | +0.44 |
| DNTH Dianthus Therapeutics Inc. | Add +3372.6% | 0.43% | +0.42 |
| WELL Welltower Inc. | Add +797.9% | 0.46% | +0.42 |
| ANET Arista Networks Inc. | New | 0.37% | +0.37 |
| PLTR Palantir Technologies Inc. Class A | Add +788.8% | 0.42% | +0.37 |
| AAPL Apple Inc. | Add +1.9% | 5.17% | +0.32 |
| FIGR Figure Technology Solut Class A | Add +132.7% | 0.57% | +0.31 |
| JNJ Johnson & Johnson | Add +416.2% | 0.36% | +0.31 |
| NRG NRG Energy Inc. | Add +1783.5% | 0.32% | +0.30 |
| GFL GFL Environmental Inc.-Sub VT | Add +19.8% | 1.10% | +0.26 |
| EQPT Equipmentshare.com Inc. Class A | New | 0.22% | +0.22 |
| SN Sharkninja Inc. | Add +1266.2% | 0.24% | +0.22 |
| AZN Astrazeneca PLC | Add +16.6% | 0.66% | +0.19 |
| VEEV Veeva Systems Inc. Class A | New | 0.17% | +0.17 |
| CAH Cardinal Health Inc. | Add +29.1% | 0.48% | +0.16 |
| AMZN Amazon.com Inc. | Add +1.4% | 6.54% | +0.16 |
| MRK Merck & Co. Inc. | Add +625.4% | 0.17% | +0.15 |
| MGY Magnolia Oil & Gas Corp. Class A | Add +594.1% | 0.17% | +0.15 |
| NET Cloudflare Inc. Class A | Add +22.7% | 0.49% | +0.15 |
| MU Micron Technology Inc. | Add +630.7% | 0.16% | +0.15 |
| DOCN Digitalocean Holdings Inc. | New | 0.13% | +0.13 |
| LRN Stride Inc. | New | 0.13% | +0.13 |
| RBC RBC Bearings Inc. | Add +3.0% | 0.43% | +0.12 |
| SHOP Shopify Inc. Class A | Add +58.3% | 0.48% | +0.11 |
| KRMN Karman Holdings Inc. | Add +183.7% | 0.15% | +0.11 |
| AVGO Broadcom Inc. | Add +2.5% | 4.01% | +0.11 |
| ROIV Roivant Sciences Ltd. | Add +727.0% | 0.11% | +0.10 |
| CDNL Cardinal Infrastructure GR-A | Add +180.4% | 0.12% | +0.10 |
| LGN Legence Corp. Class A | Add +34.9% | 0.16% | +0.08 |
| SIMO Silicon Motion Technol-ADR | New | 0.08% | +0.08 |
| SAIA Saia Inc. | Add +398.4% | 0.09% | +0.08 |
| MIR Mirion Technologies Inc. | New | 0.07% | +0.07 |
| WMT Walmart Inc. | Add +41.5% | 0.15% | +0.07 |
| TSLA Tesla Inc. | Add +10.4% | 2.98% | +0.07 |
| ATRO Astronics Corp. | Add +120.8% | 0.10% | +0.06 |
| LNG Cheniere Energy Inc. | New | 0.06% | +0.06 |
| PI Impinj Inc. | Add +325.0% | 0.10% | +0.06 |
| PCVX Vaxcyte Inc. | Add +367.3% | 0.07% | +0.06 |
| ROKU Roku Inc. | Add +11.9% | 0.66% | +0.06 |
| COGT Cogent Biosciences Inc. | Add +12.5% | 0.21% | +0.06 |
| LLY Eli Lilly & Co. | Add +18.1% | 0.48% | +0.06 |
| CDNS Cadence Design SYS Inc. | Add +68.6% | 0.14% | +0.06 |
| VNOM Viper Energy Inc. Class A | New | 0.05% | +0.05 |
| STX Seagate Technology Holdings | Add +19.5% | 0.11% | +0.05 |
| MP MP Materials Corp. | Add +73.5% | 0.11% | +0.05 |
| IREN Iren Ltd. | Add +2412.9% | 0.05% | +0.05 |
Options Activity Q4 2025 → Q1 2026
| 0 | put | New | 44,800 | $1.4M |
| INVESCO QQQ TR | put | Sold out | 39,000 | $449Kbefore exit |
| TRUMP MEDIA & TECHNOLOGY GRO | put | Sold out | 18,500 | $326Kbefore exit |
| SPXC SPX Technologies Inc. | put | Sold out | 4,000 | $299Kbefore 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 |