Generalist · New York, NY
Fred Alger Management
Q1 2023 · compared with Q4 2022
Filed as Fred Alger Management, LLC
- Software
- $3.8B
- Weight of 13F
- 20.6%
- Names
- 65
- Net bought
- −$343M
Filed 15 May 2023 · SEC filing.
514 positions in the whole 13F.
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.
Software held
- MicrosoftMSFT5,061,138 shares · 38.1% of their software · price +$245M$1.5B−$125M
- IntuitINTU593,286 shares · 6.9% of their software · price +$33.6M$265M−$66.3M
- DatadogDDOG1,909,625 shares · 3.6% of their software · price −$1.6M$139M−$1.9M
- SPS CommerceSPSC904,915 shares · 3.6% of their software · price +$21.6M$138M−$9.6M
- The Trade DeskTTD1,766,842 shares · 2.8% of their software · price +$28.4M$108M−$5.4M
- CadenceCDNS494,607 shares · 2.7% of their software · price +$24.5M$104M−$14.1M
- GuidewireGWRE1,136,354 shares · 2.4% of their software · price +$22.1M$93.2M−$13.6M
- ServiceNowNOW175,489 shares · 2.1% of their software · price +$13.4M$81.6M−$2.3M
- VeevaVEEV425,030 shares · 2.0% of their software · price +$9.5M$78.1M−$35.6M
- BlackLineBL1,156,405 shares · 2.0% of their software$77.7M−$21.7M
- AdobeADBE201,402 shares · 2.0% of their software · price +$9.8M$77.6M+$10.9M
- VertexVERX3,661,812 shares · 2.0% of their software · price +$22.6M$75.8M−$1.3M
- Agilysys, Inc.AGYS916,502 shares · 2.0% of their software · price +$3.1M$75.6M+$27.9M
- FlywireFLYW2,456,799 shares · 1.9% of their software · price +$12.0M$72.1M+$49.0M
- Clearwater AnalyticsCWAN4,251,902 shares · 1.8% of their software$67.9M—
- OracleORCL719,425 shares · 1.7% of their software · price +$8.0M$66.8M+$5.0M
- Uber Technologies, Inc.UBER2,106,300 shares · 1.7% of their software · price +$14.7M$66.8M+$2.1M
- WorkdayWDAY313,626 shares · 1.7% of their software · price +$12.3M$64.8M+$52.1M
- AppFolioAPPF488,528 shares · 1.6% of their software · price +$9.3M$60.8M−$910K
- Sprout SocialSPT993,271 shares · 1.6% of their software · price +$4.4M$60.5M−$10.4M
- SalesforceCRM297,445 shares · 1.6% of their software · price +$20.0M$59.4M+$38.3M
- Palo Alto NetworksPANW288,439 shares · 1.5% of their software · price +$17.4M$57.6M−$70.8M
- ACI WorldwideACIW2,094,892 shares · 1.5% of their software · price +$8.3M$56.5M+$39.5M
- TenableTENB871,946 shares · 1.1% of their software · price +$8.2M$41.4M−$4.8M
- Rapid7RPD870,536 shares · 1.0% of their software · price +$10.4M$40.0M+$17.7M
- PagerDutyPD963,008 shares · 0.9% of their software · price +$8.1M$33.7MNew · +$25.6M
- CoStarCSGP469,027 shares · 0.8% of their software · price −$4.0M$32.3M−$2.5M
- Q2QTWO1,290,431 shares · 0.8% of their software · price −$2.9M$31.8M−$13.3M
- Manhattan AssociatesMANH173,614 shares · 0.7% of their software · price +$5.8M$26.9M−$9.4M
- Definitive HealthcareDH2,526,320 shares · 0.7% of their software · price −$1.7M$26.1M+$2.6M
- PaycomPAYC83,587 shares · 0.7% of their software · price −$527K$25.4M−$98.6M
- HubSpotHUBS55,260 shares · 0.6% of their software · price +$7.7M$23.7M+$1.4M
- PaylocityPCTY107,368 shares · 0.6% of their software$21.3M−$6.3M
- GitLabGTLB511,157 shares · 0.5% of their software · price −$5.7M$17.5MNew · +$23.2M
- ShopifySHOP298,348 shares · 0.4% of their software · price +$3.9M$14.3M−$9.9M
- Bentley SystemsBSY323,913 shares · 0.4% of their software · price +$2.0M$13.9M−$1.3M
- BILLBILL143,897 shares · 0.3% of their software · price −$4.0M$11.7M+$1.6M
- BlackbaudBLKB140,814 shares · 0.3% of their software · price +$1.5M$9.8MFlat
- VeriskVRSK49,346 shares · 0.2% of their software · price +$762K$9.5M+$6.8M
- Tyler TechnologiesTYL21,668 shares · 0.2% of their software · price +$698K$7.7M−$4.4M
- CrowdStrikeCRWD39,863 shares · 0.1% of their software · price +$1.3M$5.5M−$2.8M
- DLocal LimitedDLO331,942 shares · 0.1% of their software$5.4MFlat
- SnowflakeSNOW30,929 shares · 0.1% of their software$4.8M−$115M
- MongoDBMDB19,314 shares · 0.1% of their software · price +$701K$4.5M+$2.6M
- AtlassianTEAM15,304 shares · 0.1% of their software · price +$650K$2.6MFlat
- MagniteMGNI279,319 shares · 0.1% of their software$2.6M−$613K
- DuolingoDUOL17,475 shares · 0.1% of their software · price +$1.2M$2.5M+$1.2M
- SemrushSEMR183,544 shares · 0.0% of their software$1.8M—
- Digital TurbineAPPS102,910 shares · 0.0% of their software$1.3MFlat
- PhreesiaPHR39,000 shares · 0.0% of their software$1.3MNew · +$1.3M
- nCinoNCNO50,000 shares · 0.0% of their software$1.2M+$929K
- DoximityDOCS35,134 shares · 0.0% of their software$1.1MFlat
- OktaOKTA9,275 shares · 0.0% of their software$800KFlat
- AutodeskADSK3,184 shares · 0.0% of their software$663KFlat
- SynopsysSNPS1,224 shares · 0.0% of their software$473KFlat
- TrimbleTRMB5,921 shares · 0.0% of their software$310KFlat
- Fair IsaacFICO243 shares · 0.0% of their software$171KFlat
- Automatic Data Processing, Inc.ADP350 shares · 0.0% of their software$78KFlat
- PTCPTC582 shares · 0.0% of their software$75KFlat
- Roper Technologies, Inc.ROP153 shares · 0.0% of their software$67KFlat
- Fiserv, Inc.FISV595 shares · 0.0% of their software$67KFlat
- Paychex, Inc.PAYX554 shares · 0.0% of their software$63KFlat
- DescartesDSGX768 shares · 0.0% of their software$62KFlat
- VeriSign, Inc.VRSN212 shares · 0.0% of their software$45KFlat
- FactSetFDS48 shares · 0.0% of their software$20KFlat