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Funds (13F)

Fred Alger Management, LLC

Backtest from 16 Aug 2013 to 2 Nov 2026 · weekly · hypothetical

Watch this strategy
Return a year
+15.7%
S&P 500 +14.1%
Last 12 months
−2.0%
S&P 500 +12.1%
Sharpe ratio
0.71
S&P 500 0.78
Biggest drop
−45.5%
S&P 500 −31.8%
$10.0k$20.0k$40.0k$80.0k 2013201520172019202120232025 $68.7k$57.0k
Fred Alger Management, LLCS&P 500 $10,000 in Fred Alger Management, LLC from 16 Aug 2013 against the S&P 500 (total return) over the same dates, marked weekly, log scale. Hypothetical: before taxes and trading costs.

About

Copies Fred Alger Management, LLC's quarterly 13F holdings in the companies we cover, weighted by reported value: it buys on the first trading day after each 13F is filed (up to 45 days after the quarter) and holds until the next filing. A 13F shows long US-listed positions only, at the quarter's end, so this misses shorts, cash, bonds, non-US holdings and trading within the quarter.

Fred Alger Management, LLC's 13F holdings →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+15.7%+14.1%
Total return+587%+470%
Last 12 months−2.0%+12.1%
Last 3 months−4.0%—
Last month−10.7%—
This year so far+0.1%—
Volatility a year20.8%16.0%
Sharpe ratio0.710.78
Biggest drop−45.5%−31.8%
Beta to the S&P 5001.191.00
Alpha a year (t-statistic)−0.1% (−0.02)—
Share of weeks up59%—

Sharpe ratio uses returns above the 3-month Treasury bill rate. Alpha is the yearly return left after allowing for the strategy's exposure to the S&P 500 (CAPM); a t-statistic below about 2 means it cannot be told apart from luck.

Insights

CompanyWeightHeld sinceReturn since
NVDA12.8%——
MSFT6.9%——
AMZN6.2%——
NBIS5.7%——
AAPL5.3%——
WDC5.1%——
META4.0%——
AVGO3.8%——
SPCX3.6%——
TSLA3.0%——
APP2.4%——
ALAB2.2%——
TLN2.1%——
NTRA1.7%——
QXO1.7%——
GEV1.7%——
SE1.3%——
MU1.1%——
ARWR1.0%——
AMD0.9%——
NVO0.8%——
HOOD0.8%——
ROKU0.8%——
LITE0.7%——
TWLO0.6%——
BIIB0.6%——
SNOW0.6%——
FIGR0.6%——
MELI0.5%——
IREN0.5%——
DNTH0.5%——
RKT0.5%——
NET0.4%——
VRT0.4%——
CAH0.4%——
JNJ0.4%——
WELL0.4%——
STX0.4%——
RGEN0.4%——
KLAC0.3%——
GOOGL0.3%——
FCX0.3%——
LLY0.3%——
SHOP0.3%——
GFS0.3%——
SN0.3%——
UNH0.3%——
ANET0.3%——
MDB0.3%——
NFLX0.3%——
MWH0.3%——
NOW0.3%——
HEI0.3%——
CDNL0.3%——
MRK0.2%——
VEEV0.2%——
GH0.2%——
FTAI0.2%——
TWST0.2%——
VSEC0.2%——
DOCN0.2%——
TPC0.2%——
RVMD0.2%——
XMTR0.2%——
SMTC0.2%——
ASND0.2%——
ADPT0.2%——
ISRG0.2%——
DD0.2%——
V0.1%——
COGT0.1%——
NRG0.1%——
JPM0.1%——
SPOT0.1%——
FPS0.1%——
ROIV0.1%——
CWST0.1%——
FIX0.1%——
MOD0.1%——
LOAR0.1%——
ETN0.1%——
MS0.1%——
SIMO0.1%——
CEG0.1%——
SPXC0.1%——
LRCX0.1%——
STRL0.1%——
TTWO0.1%——
SAIA0.1%——
LGN0.1%——
FSV0.1%——
CAT0.1%——
ATRO0.1%——
IRTC0.1%——
AZN0.1%——
AIR0.1%——
NOVT0.1%——
COHR0.1%——
CYRX0.1%——
WMT0.1%——
ERAS0.1%——
SGI0.1%——
AXON0.1%——
APH0.1%——
MPWR0.1%——
PI0.1%——
CRDO0.1%——
DELL0.1%——
VIK0.1%——
LASR0.1%——
VCYT0.1%——
SPGI0.1%——
PRM0.1%——
GKOS0.1%——
ABBV0.1%——
BABA0.1%——
FSS0.1%——
KRMN0.1%——
ACAD0.1%——
OLLI0.1%——
AXGN0.1%——
BX0.1%——
HTFL0.1%——
BE0.1%——
CELH0.1%——
XOM0.1%——
HD0.1%——
GLW0.1%——
AAOI0.1%——
STEP0.1%——
LRN0.1%——
VST0.1%——
CCJ0.1%——
WST0.1%——
BLLN0.1%——
ABSI0.1%——
RDNT0.1%——
CSCO0.1%——
HWM0.1%——
GDS0.1%——
MLM0.1%——
CVNA0.1%——
SPHR0.1%——
ENVX0.1%——
HLT0.0%——
NCNO0.0%——
QCOM0.0%——
RKLB0.0%——
HLNE0.0%——
BAC0.0%——

Weighted by reported value in the latest 13F, held until the next filing.

PeriodReturn a yearS&P 500SharpeS&P 500Biggest dropBetaAlpha (t)
Whole backtest16 Aug 2013 to 2 Nov 2026+15.7%+14.1%0.710.78−45.5%1.19−0.1% (−0.02)
2018 onwards5 Jan 2018 to 2 Nov 2026+14.3%+13.9%0.560.66−45.5%1.21−0.9% (−0.27)
Last three years3 Nov 2023 to 2 Nov 2026+24.7%+21.8%0.891.16−26.6%1.50−4.1% (−0.80)
Last year7 Nov 2025 to 2 Nov 2026+1.9%+14.2%0.020.84−16.6%1.72−16.6% (−1.61)
DateCompanyAction
21 Aug 2026ZSBought
21 Aug 2026ZBRABought
21 Aug 2026XOMBought
21 Aug 2026VRSNBought
21 Aug 2026VICRBought
21 Aug 2026TXNBought
21 Aug 2026TRVIBought
21 Aug 2026TRAXBought
21 Aug 2026TMOBought
21 Aug 2026THBought
21 Aug 2026TERBought
21 Aug 2026TENXBought
21 Aug 2026SRADBought
21 Aug 2026SPCXBought
21 Aug 2026SNOWBought
21 Aug 2026SLNBought
21 Aug 2026SEPNBought
21 Aug 2026REPLBought
21 Aug 2026RCUSBought
21 Aug 2026PTGXBought
21 Aug 2026PSNLBought
21 Aug 2026PRMBought
21 Aug 2026PNTGBought
21 Aug 2026PFGCBought
21 Aug 2026ONTOBought

Dated at the rebalance that made the change.

DateCompanyAction
21 Aug 2026ZTSSold
21 Aug 2026ZMSold
21 Aug 2026WRBYSold
21 Aug 2026WIXSold
21 Aug 2026WDAYSold
21 Aug 2026WATSold
21 Aug 2026VZSold
21 Aug 2026VRRMSold
21 Aug 2026VNOMSold
21 Aug 2026URISold
21 Aug 2026TVTXSold
21 Aug 2026SHAKSold
21 Aug 2026SDGRSold
21 Aug 2026RNGSold
21 Aug 2026RMBSSold
21 Aug 2026REGNSold
21 Aug 2026RBRKSold
21 Aug 2026RBLXSold
21 Aug 2026RACESold
21 Aug 2026PLTRSold
21 Aug 2026PJTSold
21 Aug 2026PINSSold
21 Aug 2026PENSold
21 Aug 2026PEGASold
21 Aug 2026PAYCSold

Dated at the rebalance that made the change.

Backtests are hypothetical and use today's listed companies only, which flatters results. Past performance does not predict future returns. This is research, not investment advice. How we backtest