Fred Alger Management Trims Stake in Xometry

The institutional investor reduced its holdings in the manufacturing technology company by 16.7% in the third quarter.

Mar. 16, 2026 at 10:18am

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Fred Alger Management LLC, an institutional investor, trimmed its holdings in shares of Xometry, Inc. (NASDAQ:XMTR) by 16.7% during the third quarter, according to the company's recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 715,450 shares of the company's stock, worth approximately $38.97 million.

Why it matters

Xometry is a leading provider of on-demand manufacturing services, connecting businesses with a network of vetted suppliers. The reduction in Fred Alger Management's stake could signal a shift in investor sentiment around the company's prospects, though the firm still maintains a sizable position.

The details

According to the 13F filing, Fred Alger Management sold 143,154 shares of Xometry during the third quarter, reducing its total holdings to 715,450 shares. The firm now owns approximately 1.41% of Xometry's outstanding shares.

  • Fred Alger Management trimmed its Xometry holdings during the third quarter of 2026.

The players

Fred Alger Management LLC

An institutional investment management firm based in New York City.

Xometry, Inc.

A technology-driven marketplace that connects businesses with on-demand manufacturing capacity across a wide array of processes.

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The takeaway

The reduction in Fred Alger Management's stake in Xometry could signal a shift in investor sentiment around the company's prospects, though the firm still maintains a sizable position in the manufacturing technology firm.