Fred Alger Management, LLC
Fred Alger Management, LLC is a New York-based asset management firm founded in 1964. With approximately 118 employees, Alger has a long history as an independent investment manager serving institutional investors, financial intermediaries, and individual clients. The firm is noted for its growth equity expertise and research-driven investment approach focused on identifying innovative and dynamic companies.
Investment Strategy
Fred Alger Management specializes in active growth equity investing, primarily focusing on U.S. large-cap and mid-cap stocks. The firm’s strategy emphasizes intensive fundamental research aimed at identifying companies with strong earnings growth prospects, innovative business models, and sustainable competitive advantages. Alger’s investment philosophy centers on investing in the most dynamic areas of the market and maintaining a high conviction portfolio, with significant positions in technology and consumer-related sectors, including holdings such as NVIDIA, Microsoft, Amazon, and Meta Platforms.
Research Analysts
Top Holdings
Equity Positions (417)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA Corporation | 10.56% | $2.36B | 14,937,552 | $21.06 | $157.99 | +$802.6M |
M MSFT | Microsoft Corporation | 10.20% | $2.28B | 4,580,630 | $77.33 | $497.41 | +$577.8M |
A AMZN | Amazon.com, Inc. | 6.76% | $1.51B | 6,884,585 | $69.72 | $219.39 | +$301.4M |
M META | Meta Platforms Inc Class A | 6.06% | $1.35B | 1,833,514 | $263.78 | $738.09 | +$281.8M |
A APP | AppLovin Corp. Class A | 3.65% | $814.9M | 2,327,644 | $104.63 | $350.08 | +$64.0M |