Fred Alger Management

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 202645 names$3.5B+$163M
• Q1 202657 names$3.0B−$348M
• Q4 202563 names$4.4B−$218M
• Q3 202563 names$4.8B−$273M
• Q2 202562 names$4.3B−$170M
• Q1 202563 names$3.5B−$400M
• Q4 202460 names$4.5B−$86.5M
• Q3 202465 names$3.9B−$532M
• Q2 202469 names$4.3B+$12.7M
• Q1 202474 names$4.1B−$91.5M
• Q4 202367 names$3.8B−$456M
• Q3 202365 names$3.7B−$149M
• Q2 202366 names$4.0B−$343M
• Q1 202365 names$3.8B−$343M
• Q4 202269 names$3.6B−$70.8M
• Q3 202264 names$3.7B−$360M
• Q2 202262 names$4.6B−$237M
• Q1 202265 names$6.3B−$989M
• Q4 202167 names$8.4B−$904M
• Q3 202173 names$9.3B−$74.6M
• Q2 202172 names$9.0B+$2.2B
• Q1 202169 names$7.8B+$613M
• Q4 202063 names$7.5B+$4.8M
• Q3 202060 names$6.6B+$77.9M
• Q2 202053 names$5.8B−$169M
• Q1 202052 names$4.4B−$443M
• Q4 201950 names$5.2B+$56.3M
• Q3 201947 names$4.6B−$9.1M
• Q2 201947 names$4.7B−$69.5M
• Q1 201946 names$4.3B−$134M
• Q4 201844 names$3.7B+$127M
• Q3 201842 names$4.3B+$154M
• Q2 201838 names$3.5B+$4.4M
• Q1 201839 names$3.1B+$301M
• Q4 201738 names$2.5B−$199M
• Q3 201734 names$2.5B−$62.0M
• Q2 201733 names$2.4B+$145M
• Q1 201731 names$2.1B−$99.8M
• Q4 201633 names$1.9B+$89.5M
• Q3 201631 names$1.8B+$26.1M
• Q2 201630 names$1.6B—

What moved the book

The five software lines with the largest share change this quarter.

• MicrosoftMSFT+$108M$908M
• Palo Alto NetworksPANW−$61.8M$33.0M
• VeriskVRSK−$30.0M$74.4M
• ServiceNowNOW+$28.6M$167M
• FortinetFTNT−$13.3M$3.2M

Software held

• MicrosoftMSFT15,759,335 shares · 49.5% of their software · price +$101M$908M+$108M
• SalesforceCRM2,726,135 shares · 10.6% of their software · price −$22.0M$194M+$3.1M
• AdobeADBE1,749,881 shares · 10.4% of their software · price +$22.3M$190M−$8.2M
• ServiceNowNOW2,106,147 shares · 9.1% of their software · price +$26.9M$167M+$28.6M
• VeriskVRSK915,905 shares · 4.1% of their software$74.4M−$30.0M
• Sabre CorporationSABR2,302,366 shares · 3.5% of their software · price +$3.2M$64.9M−$10.8M
• Palo Alto NetworksPANW207,206 shares · 1.8% of their software · price +$7.6M$33.0M−$61.8M
• VeevaVEEV693,217 shares · 1.6% of their software · price +$5.0M$28.6M+$3.3M
• Tyler TechnologiesTYL146,455 shares · 1.4% of their software · price +$662K$25.1M−$912K
• BlackbaudBLKB361,861 shares · 1.3% of their software · price −$565K$24.0M+$3.4M
• Manhattan AssociatesMANH330,923 shares · 1.0% of their software · price −$2.2M$19.1M+$1.4M
• Euronet Worldwide, Inc.EEFT200,560 shares · 0.9% of their software · price +$2.5M$16.4M−$3.9M
• ShopifySHOP334,608 shares · 0.8% of their software · price +$4.1M$14.4MNew · +$10.3M
• F5, Inc.FFIV90,328 shares · 0.6% of their software · price +$976K$11.3M+$4.2M
• NetScout Systems, Inc.NTCT352,918 shares · 0.6% of their software · price +$2.5M$10.3MFlat
• TrimbleTRMB352,975 shares · 0.6% of their software · price +$1.5M$10.1M+$6.6M
• HubSpotHUBS157,175 shares · 0.5% of their software · price +$2.2M$9.1M−$1.3M
• SPS CommerceSPSC103,310 shares · 0.4% of their software · price +$1.3M$7.6M−$1.4M
• GuidewireGWRE125,889 shares · 0.4% of their software$7.6M+$665K
• Fair IsaacFICO54,333 shares · 0.4% of their software · price +$629K$6.8M−$507K
• Fiserv, Inc.FISV49,109 shares · 0.3% of their software$4.9MFlat
• FortinetFTNT87,587 shares · 0.2% of their software$3.2M−$13.3M
• Q2QTWO73,969 shares · 0.1% of their software$2.1MNew · +$2.1M
• SAPSAP10,185 shares · 0.1% of their software$931KFlat
• CoStarCSGP767 shares · 0.0% of their software$166K−$3.2M
• Roper Technologies, Inc.ROP153 shares · 0.0% of their software$28KFlat
• BroadridgeBR100 shares · 0.0% of their software$7K−$2.1M
• IntuitINTU63 shares · 0.0% of their software$7KNew · Flat
• OracleORCL186 shares · 0.0% of their software$7KFlat
• Paychex, Inc.PAYX98 shares · 0.0% of their software$6KFlat
• Automatic Data Processing, Inc.ADP42 shares · 0.0% of their software$4KFlat