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FAM
Fred Alger Management Portfolio holdings
AUM
$22.8B
1-Year Est. Return
64.63%
This Fund
S&P 500
This Quarter
Est. Return
+2.95%
1 Year Est. Return
+64.63%
3 Year Est. Return
+243.99%
5 Year Est. Return
+318.3%
10 Year Est. Return
+1,899.64%
AUM
$19.7B
AUM Growth
-$1.68B
(-7.8%)
Cap. Flow
-$1.56B
Cap. Flow
% of AUM
-7.93%
Top 10 Holdings %
Top 10 Hldgs %
29.74%
Holding
577
New
77
Increased
189
Reduced
196
Closed
58
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Marvell Technology
MRVL
|
+$164M |
| 2 |
Centene
CNC
|
+$162M |
| 3 |
Eli Lilly
LLY
|
+$143M |
| 4 |
Netflix
NFLX
|
+$139M |
| 5 |
Amazon
AMZN
|
+$115M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$177M |
| 2 |
Intuit
INTU
|
+$176M |
| 3 |
Applied Materials
AMAT
|
+$166M |
| 4 |
Advanced Micro Devices
AMD
|
+$115M |
| 5 |
CrowdStrike
CRWD
|
+$110M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.33% |
| 2 | Healthcare | 24.22% |
| 3 | Consumer Discretionary | 14.38% |
| 4 | Industrials | 10.17% |
| 5 | Communication Services | 7.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
AppFolio
APPF
$6.62B
| $7.19M | 0.04% |
+68,685
| New | +$7M |
|
|
SPLK
227
DELISTED
Splunk Inc
SPLK
| $7.16M | 0.04% |
95,174
-15,230
| -14% | -$1.49M |
|
228
VeriSign
VRSN
$26.3B
| $7M | 0.04% |
40,294
-30,900
| -43% | -$5.72M |
|
229
ADMA Biologics
ADMA
$2.02B
| $6.96M | 0.04% |
+2,864,218
| New | +$6.87M |
|
230
Mesa Laboratories
MLAB
$551M
| $6.93M | 0.04% |
49,187
+11
| +0% | +$2.01K |
|
231
dLocal
DLO
$4.29B
| $6.78M | 0.03% |
330,385
-1
| -0% | -$27 |
|
|
SIVB
232
DELISTED
SVB Financial Group
SIVB
| $6.68M | 0.03% |
19,897
-175,757
| -90% | -$70.7M |
|
233
Tanger
SKT
$4.78B
| $6.6M | 0.03% |
482,489
+108
| +0% | +$1.68K |
|
234
West Pharmaceutical
WST
$23.7B
| $6.57M | 0.03% |
26,716
+9,378
| +54% | +$2.86M |
|
235
Merck
MRK
$322B
| $6.52M | 0.03% |
75,678
-48,543
| -39% | -$4.33M |
|
236
MSCI
MSCI
$42.4B
| $6.46M | 0.03% |
15,326
+6,223
| +68% | +$2.85M |
|
|
PETQ
237
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $6.36M | 0.03% |
921,599
-1,899
| -0.2% | -$25.6K |
|
238
General Motors
GM
$80.9B
| $6.3M | 0.03% |
196,490
-283,493
| -59% | -$10.4M |
|
239
Ionis Pharmaceuticals
IONS
$8.93B
| $6.3M | 0.03% |
142,522
-4,134
| -3% | -$174K |
|
240
Blackbaud
BLKB
$1.94B
| $6.2M | 0.03% |
140,625
| – | – |
|
241
Guardant Health
GH
$19.1B
| $6.12M | 0.03% |
113,746
-3,051
| -3% | -$157K |
|
242
Upstart Holdings
UPST
$2.55B
| $6.11M | 0.03% |
293,654
-17,822
| -6% | -$479K |
|
243
Hilton Worldwide
HLT
$72.4B
| $6.08M | 0.03% |
50,403
+35,121
| +230% | +$4.44M |
|
244
PepsiCo
PEP
$196B
| $5.93M | 0.03% |
36,355
+3,117
| +9% | +$537K |
|
|
KRTX
245
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $5.93M | 0.03% |
26,356
-1,318
| -5% | -$267K |
|
246
Webster Financial
WBS
$12.3B
| $5.9M | 0.03% |
130,608
+30
| +0% | +$1.39K |
|
247
Honeywell
HON
$76.4B
| $5.86M | 0.03% |
37,250
+4,282
| +13% | +$746K |
|
248
Broadcom
AVGO
$1.76T
| $5.8M | 0.03% |
130,590
+12,550
| +11% | +$641K |
|
249
Johnson & Johnson
JNJ
$640B
| $5.72M | 0.03% |
35,005
-26,080
| -43% | -$4.41M |
|
250
Procter & Gamble
PG
$340B
| $5.49M | 0.03% |
43,518
+4,857
| +13% | +$690K |
|
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Fred Alger Management's Q3 2022 Portfolio in Review
As of Q3 2022, Fred Alger Management held 577 positions worth $19.7B, down 7.8% from $21.4B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Fred Alger Management withdrew a net $1.56B in Q3 2022, closing 58 positions and reducing 196 holdings. Its most notable exit was NXP Semiconductors, an estimated $64.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 33% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Marvell Technology worth $142M.
- Fred Alger Management's largest Q3 2022 buy was Marvell Technology: 3,318,860 shares worth $142M.
- Fred Alger Management added most to Centene in Q3 2022, an estimated $162M increase.
- Fred Alger Management's biggest Q3 2022 reduction was Visa, cutting an estimated $177M.
- Fred Alger Management fully exited NXP Semiconductors in Q3 2022, selling an estimated $64.7M.
- Fred Alger Management's ten largest holdings make up 30% of its $19.7B portfolio in Q3 2022.
- Fred Alger Management opened 77 new positions and closed 58 in Q3 2022.
- Fred Alger Management's portfolio value fell 7.8% quarter-over-quarter to $19.7B.
Based on Fred Alger Management's 13F filing for Q3 2022, filed 15 Nov 2022.