Fred Alger Management Inc Buys Amazon.com Inc, Microsoft Corp, Apple Inc, Sells Abbott Laboratories, Dollar Tree Inc, The Walt Disney Co

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May 19, 2020
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New York, NY, based Investment company Fred Alger Management Inc (Current Portfolio) buys Amazon.com Inc, Microsoft Corp, Apple Inc, Visa Inc, Alphabet Inc, sells Abbott Laboratories, Dollar Tree Inc, The Walt Disney Co, Qualcomm Inc, JPMorgan Chase during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Fred Alger Management Inc. As of 2020Q1, Fred Alger Management Inc owns 574 stocks with a total value of $45.4 billion. These are the details of the buys and sells.

For the details of FRED ALGER MANAGEMENT INC's stock buys and sells, go to https://www.gurufocus.com/guru/fred+alger+management+inc/current-portfolio/portfolio

These are the top 5 holdings of FRED ALGER MANAGEMENT INC
  1. Microsoft Corp (MSFT) - 19,850,530 shares, 6.88% of the total portfolio. Shares added by 77.40%
  2. Amazon.com Inc (AMZN) - 1,373,008 shares, 5.89% of the total portfolio. Shares added by 106.09%
  3. Apple Inc (AAPL) - 7,304,546 shares, 4.08% of the total portfolio. Shares added by 113.16%
  4. Visa Inc (V) - 10,312,020 shares, 3.65% of the total portfolio. Shares added by 91.09%
  5. Alibaba Group Holding Ltd (BABA) - 7,726,072 shares, 3.30% of the total portfolio. Shares added by 98.20%
New Purchase: AtriCure Inc (ATRC)

Fred Alger Management Inc initiated holding in AtriCure Inc. The purchase prices were between $24.49 and $43.84, with an estimated average price of $36.06. The stock is now traded at around $50.20. The impact to a portfolio due to this purchase was 0.19%. The holding were 2,526,816 shares as of .

New Purchase: Progyny Inc (PGNY)

Fred Alger Management Inc initiated holding in Progyny Inc. The purchase prices were between $16.47 and $35.6, with an estimated average price of $27.61. The stock is now traded at around $27.52. The impact to a portfolio due to this purchase was 0.19%. The holding were 4,019,066 shares as of .

New Purchase: Monolithic Power Systems Inc (MPWR)

Fred Alger Management Inc initiated holding in Monolithic Power Systems Inc. The purchase prices were between $135.22 and $191.43, with an estimated average price of $171.91. The stock is now traded at around $207.62. The impact to a portfolio due to this purchase was 0.18%. The holding were 483,322 shares as of .

New Purchase: GrubHub Inc (GRUB)

Fred Alger Management Inc initiated holding in GrubHub Inc. The purchase prices were between $30.13 and $58.57, with an estimated average price of $49.27. The stock is now traded at around $58.85. The impact to a portfolio due to this purchase was 0.12%. The holding were 1,391,300 shares as of .

New Purchase: RealPage Inc (RP)

Fred Alger Management Inc initiated holding in RealPage Inc. The purchase prices were between $42.69 and $64.38, with an estimated average price of $57.01. The stock is now traded at around $63.10. The impact to a portfolio due to this purchase was 0.09%. The holding were 802,590 shares as of .

New Purchase: Digital Realty Trust Inc (DLR)

Fred Alger Management Inc initiated holding in Digital Realty Trust Inc. The purchase prices were between $107.9 and $143.34, with an estimated average price of $127.08. The stock is now traded at around $131.25. The impact to a portfolio due to this purchase was 0.08%. The holding were 251,980 shares as of .

Added: Amazon.com Inc (AMZN)

Fred Alger Management Inc added to a holding in Amazon.com Inc by 106.09%. The purchase prices were between $1676.61 and $2170.22, with an estimated average price of $1936.38. The stock is now traded at around $2478.00. The impact to a portfolio due to this purchase was 3.03%. The holding were 1,373,008 shares as of .

Added: Microsoft Corp (MSFT)

Fred Alger Management Inc added to a holding in Microsoft Corp by 77.40%. The purchase prices were between $135.42 and $188.7, with an estimated average price of $164.71. The stock is now traded at around $185.59. The impact to a portfolio due to this purchase was 3%. The holding were 19,850,530 shares as of .

Added: Apple Inc (AAPL)

Fred Alger Management Inc added to a holding in Apple Inc by 113.16%. The purchase prices were between $224.37 and $327.2, with an estimated average price of $295.01. The stock is now traded at around $317.54. The impact to a portfolio due to this purchase was 2.17%. The holding were 7,304,546 shares as of .

Added: Visa Inc (V)

Fred Alger Management Inc added to a holding in Visa Inc by 91.09%. The purchase prices were between $135.74 and $213.31, with an estimated average price of $188.96. The stock is now traded at around $192.94. The impact to a portfolio due to this purchase was 1.74%. The holding were 10,312,020 shares as of .

Added: Alphabet Inc (GOOG)

Fred Alger Management Inc added to a holding in Alphabet Inc by 100.17%. The purchase prices were between $1056.62 and $1526.69, with an estimated average price of $1361.82. The stock is now traded at around $1388.20. The impact to a portfolio due to this purchase was 1.64%. The holding were 1,284,572 shares as of .

Added: Alibaba Group Holding Ltd (BABA)

Fred Alger Management Inc added to a holding in Alibaba Group Holding Ltd by 98.20%. The purchase prices were between $176.34 and $230.48, with an estimated average price of $209.23. The stock is now traded at around $219.22. The impact to a portfolio due to this purchase was 1.63%. The holding were 7,726,072 shares as of .

Sold Out: Dermira Inc (DERM)

Fred Alger Management Inc sold out a holding in Dermira Inc. The sale prices were between $14.65 and $19.19, with an estimated average price of $18.32.

Sold Out: Marvell Technology Group Ltd (MRVL)

Fred Alger Management Inc sold out a holding in Marvell Technology Group Ltd. The sale prices were between $17.25 and $28.49, with an estimated average price of $24.1.

Sold Out: Schlumberger Ltd (SLB)

Fred Alger Management Inc sold out a holding in Schlumberger Ltd. The sale prices were between $12.05 and $40.82, with an estimated average price of $29.34.

Sold Out: Datadog Inc (DDOG)

Fred Alger Management Inc sold out a holding in Datadog Inc. The sale prices were between $28.96 and $50.01, with an estimated average price of $41.25.

Sold Out: Masco Corp (MAS)

Fred Alger Management Inc sold out a holding in Masco Corp. The sale prices were between $27.53 and $49.9, with an estimated average price of $43.85.

Sold Out: InterXion Holding NV (INXN)

Fred Alger Management Inc sold out a holding in InterXion Holding NV. The sale prices were between $76 and $96.63, with an estimated average price of $88.47.



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