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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
+18.44%
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
$18.7B
AUM Growth
+$249M
(+1.3%)
Cap. Flow
-$1.94B
Cap. Flow
% of AUM
-10.36%
Top 10 Holdings %
Top 10 Hldgs %
31.1%
Holding
586
New
70
Increased
194
Reduced
228
Closed
71
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Martin Marietta Materials
MLM
|
+$182M |
| 2 |
Apple
AAPL
|
+$149M |
| 3 |
Meta Platforms (Facebook)
META
|
+$137M |
| 4 |
Visa
V
|
+$115M |
| 5 |
GFL Environmental
GFL
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NextEra Energy
NEE
|
+$166M |
| 2 |
Eli Lilly
LLY
|
+$156M |
| 3 |
McKesson
MCK
|
+$154M |
| 4 |
Live Nation Entertainment
LYV
|
+$144M |
| 5 |
Microsoft
MSFT
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.63% |
| 2 | Healthcare | 20.74% |
| 3 | Consumer Discretionary | 12.81% |
| 4 | Industrials | 10.52% |
| 5 | Communication Services | 6.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Chevron
CVX
$383B
| $7.19M | 0.04% |
44,085
+2,172
| +5% | +$364K |
|
227
SiTime
SITM
$15.8B
| $7.15M | 0.04% |
+50,303
| New | +$6.18M |
|
228
WillScot Mobile Mini Holdings
WSC
$4.35B
| $7.15M | 0.04% |
152,582
+151,364
| +12,427% | +$7.29M |
|
|
ACCD
229
DELISTED
Accolade Inc
ACCD
| $7.05M | 0.04% |
+490,342
| New | +$5.55M |
|
230
ADMA Biologics
ADMA
$2.01B
| $6.68M | 0.04% |
2,017,594
-10,773
| -0.5% | -$37.2K |
|
231
Mettler-Toledo International
MTD
$27.9B
| $6.62M | 0.04% |
4,327
+662
| +18% | +$994K |
|
232
Union Pacific
UNP
$172B
| $6.45M | 0.03% |
32,063
+5,466
| +21% | +$1.11M |
|
233
lululemon athletica
LULU
$13.6B
| $6.41M | 0.03% |
17,610
-108,199
| -86% | -$33.9M |
|
234
Chefs' Warehouse
CHEF
$4.58B
| $6.2M | 0.03% |
181,955
+178
| +0.1% | +$6.26K |
|
235
Johnson & Johnson
JNJ
$617B
| $6.16M | 0.03% |
39,748
+1,961
| +5% | +$317K |
|
|
ANSS
236
DELISTED
Ansys
ANSS
| $6.05M | 0.03% |
18,191
+17,942
| +7,206% | +$5.06M |
|
237
ASML
ASML
$634B
| $6.05M | 0.03% |
8,881
-6,848
| -44% | -$4.4M |
|
|
GOOS
238
Canada Goose Holdings
GOOS
$904M
| $6.02M | 0.03% |
312,975
-375,929
| -55% | -$7.43M |
|
239
ExxonMobil
XOM
$651B
| $5.84M | 0.03% |
53,235
+3,815
| +8% | +$422K |
|
240
Icon
ICLR
$12.8B
| $5.77M | 0.03% |
27,006
+4
| +0% | +$890 |
|
241
Qualcomm
QCOM
$160B
| $5.63M | 0.03% |
44,158
+2,126
| +5% | +$264K |
|
242
Blackrock
BLK
$170B
| $5.6M | 0.03% |
8,375
+411
| +5% | +$290K |
|
243
Air Products & Chemicals
APD
$66.8B
| $5.59M | 0.03% |
19,448
+1,742
| +10% | +$508K |
|
244
Five Below
FIVE
$12.1B
| $5.58M | 0.03% |
+27,083
| New | +$5.33M |
|
245
Analog Devices
ADI
$179B
| $5.55M | 0.03% |
+28,163
| New | +$5.05M |
|
246
CrowdStrike
CRWD
$189B
| $5.47M | 0.03% |
159,452
-105,908
| -40% | -$3.06M |
|
247
Cheesecake Factory
CAKE
$5.03B
| $5.43M | 0.03% |
154,793
-793,505
| -84% | -$29.5M |
|
248
dLocal
DLO
$4.41B
| $5.38M | 0.03% |
331,942
+1,523
| +0.5% | +$24K |
|
249
Axos Financial
AX
$5.6B
| $5.34M | 0.03% |
144,695
-950,760
| -87% | -$41M |
|
250
Alger 35 ETF
ATFV
$211M
| $5.33M | 0.03% |
370,516
| – | – |
|
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Fred Alger Management's Q1 2023 Portfolio in Review
As of Q1 2023, Fred Alger Management held 586 positions worth $18.7B, up 1.3% from $18.4B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fred Alger Management withdrew a net $1.94B in Q1 2023, closing 71 positions and reducing 228 holdings. Its most notable exit was Coupa Software Incorporated, an estimated $99.8M position sold in full.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 30% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Martin Marietta Materials worth $184M.
- Fred Alger Management's largest Q1 2023 buy was Martin Marietta Materials: 519,569 shares worth $184M.
- Fred Alger Management added most to Apple in Q1 2023, an estimated $149M increase.
- Fred Alger Management's biggest Q1 2023 reduction was NextEra Energy, cutting an estimated $166M.
- Fred Alger Management fully exited Coupa Software Incorporated in Q1 2023, selling an estimated $99.8M.
- Fred Alger Management's ten largest holdings make up 31% of its $18.7B portfolio in Q1 2023.
- Fred Alger Management opened 70 new positions and closed 71 in Q1 2023.
- Fred Alger Management's portfolio value rose 1.3% quarter-over-quarter to $18.7B.
Based on Fred Alger Management's 13F filing for Q1 2023, filed 15 May 2023.