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.

• AdobeADBE−$278M$541M
• PaylocityPCTY−$256M$123M
• ShopifySHOP+$228M$624M
• Commerce.com, Inc.CMRC−$187M$23.4M
• UnityU+$164M$238M

Software held

• MicrosoftMSFT7,461,948 shares · 29.8% of their software · price +$406M$2.5B−$154M
• ShopifySHOP452,871 shares · 7.4% of their software · price +$9.8M$624M+$228M
• AdobeADBE953,199 shares · 6.4% of their software · price −$8.3M$541M−$278M
• IntuitINTU755,662 shares · 5.8% of their software · price +$78.4M$486M+$63.1M
• VeevaVEEV1,027,085 shares · 3.1% of their software · price −$33.6M$262M−$116M
• Uber Technologies, Inc.UBER6,054,785 shares · 3.0% of their software · price −$17.4M$254M+$131M
• SalesforceCRM997,544 shares · 3.0% of their software · price −$17.0M$254M−$63.8M
• BILLBILL990,838 shares · 2.9% of their software · price −$17.6M$247M−$4.6M
• PaycomPAYC583,287 shares · 2.9% of their software · price −$47.0M$242M−$17.5M
• UnityU1,664,659 shares · 2.8% of their software · price +$27.9M$238M+$164M
• BlackLineBL1,839,121 shares · 2.3% of their software · price −$26.7M$190M−$9.1M
• SPS CommerceSPSC1,293,856 shares · 2.2% of their software · price −$24.5M$184M+$38.5M
• TwilioTWLO697,928 shares · 2.2% of their software · price −$38.9M$184M+$48.6M
• GuidewireGWRE1,515,972 shares · 2.0% of their software · price −$8.1M$172M−$6.2M
• Block, Inc.XYZ1,042,808 shares · 2.0% of their software · price −$81.7M$168M−$120M
• Sprout SocialSPT1,682,975 shares · 1.8% of their software · price −$52.6M$153M−$32.2M
• Q2QTWO1,782,239 shares · 1.7% of their software · price −$1.2M$142M+$10.8M
• CadenceCDNS756,922 shares · 1.7% of their software · price +$26.4M$141M−$24.0M
• HubSpotHUBS198,703 shares · 1.6% of their software · price −$3.4M$131M+$8.3M
• DatadogDDOG729,197 shares · 1.5% of their software · price +$26.8M$130M−$24.9M
• CrowdStrikeCRWD633,276 shares · 1.5% of their software · price −$26.0M$130M−$84.2M
• PaylocityPCTY522,935 shares · 1.5% of their software · price −$23.1M$123M−$256M
• CoStarCSGP1,286,589 shares · 1.2% of their software · price −$9.0M$102M+$21.1M
• DLocal LimitedDLO2,621,649 shares · 1.1% of their software · price −$49.5M$93.6M+$140M
• Cerence Inc.CRNC1,089,712 shares · 1.0% of their software · price −$21.2M$83.5M+$23.0M
• The Trade DeskTTD799,823 shares · 0.9% of their software · price +$17.1M$73.3M−$29.2M
• ServiceNowNOW103,894 shares · 0.8% of their software · price +$2.8M$67.4M−$14.5M
• VertexVERX4,159,485 shares · 0.8% of their software · price −$13.9M$66.0M−$2.1M
• VaronisVRNS1,319,293 shares · 0.8% of their software · price −$15.9M$64.4M−$3.6M
• MongoDBMDB106,492 shares · 0.7% of their software · price +$6.2M$56.4M+$28.6M
• Definitive HealthcareDH1,843,911 shares · 0.6% of their software · price −$28.6M$50.4M+$25.2M
• Manhattan AssociatesMANH300,532 shares · 0.6% of their software · price +$739K$46.7M−$8.9M
• Rapid7RPD287,231 shares · 0.4% of their software · price +$1.3M$33.8M+$3.3M
• Bentley SystemsBSY521,512 shares · 0.3% of their software · price −$6.4M$25.2M+$9.9M
• Commerce.com, Inc.CMRC660,899 shares · 0.3% of their software · price −$10.1M$23.4M−$187M
• SemrushSEMR958,918 shares · 0.2% of their software$20.0M—
• ACI WorldwideACIW387,557 shares · 0.2% of their software · price +$1.5M$13.4M−$9.5M
• SnowflakeSNOW39,008 shares · 0.2% of their software · price +$1.4M$13.2M−$68.6M
• WorkdayWDAY43,632 shares · 0.1% of their software · price +$1.0M$11.9M+$10.4M
• BlackbaudBLKB144,226 shares · 0.1% of their software · price +$1.2M$11.4M−$634K
• Palo Alto NetworksPANW16,511 shares · 0.1% of their software · price +$1.3M$9.2M−$6.4M
• MagniteMGNI437,301 shares · 0.1% of their software · price −$4.6M$7.7M−$90.6M
• TrimbleTRMB74,993 shares · 0.1% of their software$6.5M+$890K
• FortinetFTNT18,026 shares · 0.1% of their software · price +$1.2M$6.5M+$5.2M
• Digital TurbineAPPS105,531 shares · 0.1% of their software · price −$819K$6.4MFlat
• PTCPTC48,081 shares · 0.1% of their software$5.8M+$2.2M
• F5, Inc.FFIV21,498 shares · 0.1% of their software · price +$987K$5.3MNew · +$4.3M
• Five9FIVN22,852 shares · 0.0% of their software · price −$512K$3.1M−$111M
• DoximityDOCS36,100 shares · 0.0% of their software · price −$1.1M$1.8M−$17.2M
• AutodeskADSK6,009 shares · 0.0% of their software$1.7MFlat
• AmplitudeAMPL31,082 shares · 0.0% of their software$1.6M+$1.4M
• ZscalerZS3,239 shares · 0.0% of their software$1.0MFlat
• ZoomInfoZI15,438 shares · 0.0% of their software$991K—
• DocuSignDOCU4,850 shares · 0.0% of their software · price −$510K$739K−$9.0M
• FactSetFDS232 shares · 0.0% of their software$113KFlat
• Tyler TechnologiesTYL167 shares · 0.0% of their software$90KFlat
• Roper Technologies, Inc.ROP147 shares · 0.0% of their software$72KFlat
• Fiserv, Inc.FISV648 shares · 0.0% of their software$67KFlat
• DynatraceDT1,013 shares · 0.0% of their software$61K−$3.1M
• Paychex, Inc.PAYX405 shares · 0.0% of their software$55KNew · Flat
• SynopsysSNPS137 shares · 0.0% of their software$50KFlat
• DuolingoDUOL250 shares · 0.0% of their software$27KFlat
• NetApp, Inc.NTAP297 shares · 0.0% of their software$27KNew · Flat
• Automatic Data Processing, Inc.ADP107 shares · 0.0% of their software$26KNew · Flat
• OracleORCL273 shares · 0.0% of their software$24KFlat
• Fair IsaacFICO52 shares · 0.0% of their software$23KFlat
• DropboxDBX679 shares · 0.0% of their software$17KFlat