Fred Alger Management Reduces Stake in Q2 Holdings

Asset management firm sells 39,103 shares of financial technology company

Mar. 16, 2026 at 10:18am

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Fred Alger Management LLC, an investment management firm, has reduced its stake in Q2 Holdings, Inc. (NYSE: QTWO), a financial technology company. According to a 13F filing with the SEC, Alger Management sold 39,103 shares of Q2 Holdings in the third quarter, lowering its total ownership to approximately 391,108 shares or 0.63% of the company.

Why it matters

This transaction provides insight into the investment decisions of a major institutional investor. Tracking changes in ownership stakes of public companies can offer clues about the market's sentiment and future performance expectations for those firms.

The details

Fred Alger Management sold 39,103 shares of Q2 Holdings, reducing its total position to 391,108 shares. This represents a 9.1% decrease in Alger's stake in the financial technology company. Q2 Holdings provides cloud-based digital banking solutions to banks and credit unions.

  • The share sale occurred in the third quarter of the reporting period.

The players

Fred Alger Management LLC

An investment management firm that owns a stake in Q2 Holdings, Inc.

Q2 Holdings, Inc.

A financial technology company that provides cloud-based digital banking solutions to banks and credit unions.

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The takeaway

This transaction reflects a reduction in Fred Alger Management's position in Q2 Holdings, potentially signaling a shift in the firm's investment strategy or outlook on the financial technology sector.