Fred Alger Management LLC reduced its position in shares of Danaher Co. ( NYSE:DHR – Get Rating ) by 24.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 891,055 shares of the conglomerate's stock after selling 293,933 shares during the period. Danaher accounts for about 1.3% of Fred Alger Management LLC's portfolio, making the stock its 12th largest holding. Fred Alger Management LLC owned 0.

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