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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
-20.08%
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
$21.4B
AUM Growth
-$9.89B
(-32%)
Cap. Flow
-$2.74B
Cap. Flow
% of AUM
-12.81%
Top 10 Holdings %
Top 10 Hldgs %
28.78%
Holding
568
New
77
Increased
161
Reduced
233
Closed
68
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
McKesson
MCK
|
+$219M |
| 2 |
Live Nation Entertainment
LYV
|
+$180M |
| 3 |
Datadog
DDOG
|
+$175M |
| 4 |
Costco
COST
|
+$165M |
| 5 |
Trade Desk
TTD
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$349M |
| 2 |
Apple
AAPL
|
+$337M |
| 3 |
Microsoft
MSFT
|
+$232M |
| 4 |
XPO
XPO
|
+$146M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$144M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.04% |
| 2 | Healthcare | 20.62% |
| 3 | Consumer Discretionary | 12.69% |
| 4 | Industrials | 10.49% |
| 5 | Financials | 6.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Elevance Health
ELV
$83.7B
| $5.58M | 0.03% |
+11,570
| New | +$5.72M |
|
252
Procter & Gamble
PG
$347B
| $5.56M | 0.03% |
38,661
+3,221
| +9% | +$484K |
|
253
DexCom
DXCM
$28.9B
| $5.55M | 0.03% |
74,437
-1,016,787
| -93% | -$92.8M |
|
254
PepsiCo
PEP
$195B
| $5.54M | 0.03% |
33,238
+886
| +3% | +$149K |
|
255
Prologis
PLD
$137B
| $5.51M | 0.03% |
46,801
+31,024
| +197% | +$4.29M |
|
256
Webster Financial
WBS
$12.5B
| $5.5M | 0.03% |
130,578
-2,777
| -2% | -$134K |
|
257
ProPetro Holding
PUMP
$1.31B
| $5.43M | 0.03% |
+542,989
| New | +$7.14M |
|
258
Ionis Pharmaceuticals
IONS
$9.14B
| $5.43M | 0.03% |
+146,656
| New | +$5.53M |
|
259
Honeywell
HON
$78.3B
| $5.4M | 0.03% |
32,968
+2,002
| +6% | +$359K |
|
260
Upwork
UPWK
$1.21B
| $5.27M | 0.02% |
254,992
-5,138
| -2% | -$101K |
|
261
Onto Innovation
ONTO
$12B
| $5.26M | 0.02% |
+75,475
| New | +$5.58M |
|
262
West Pharmaceutical
WST
$23.7B
| $5.24M | 0.02% |
17,338
+13,829
| +394% | +$4.5M |
|
263
Universal Display
OLED
$3.85B
| $5.24M | 0.02% |
51,810
-83,983
| -62% | -$10.8M |
|
264
Alger 35 ETF
ATFV
$203M
| $5.22M | 0.02% |
370,512
| – | – |
|
265
CoStar Group
CSGP
$12.4B
| $5.14M | 0.02% |
85,101
-113,026
| -57% | -$6.85M |
|
266
Chevron
CVX
$374B
| $4.84M | 0.02% |
33,461
+4,005
| +14% | +$662K |
|
|
ITCI
267
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $4.84M | 0.02% |
84,720
-21,008
| -20% | -$1.19M |
|
268
Guardant Health
GH
$19B
| $4.71M | 0.02% |
116,797
-252,878
| -68% | -$12.5M |
|
269
Ferrari
RACE
$68.6B
| $4.7M | 0.02% |
25,626
| – | – |
|
270
Shopify
SHOP
$169B
| $4.7M | 0.02% |
150,490
-3,148,710
| -95% | -$134M |
|
271
The Joint Corp
JYNT
$123M
| $4.68M | 0.02% |
305,646
-1,109,284
| -78% | -$24.8M |
|
272
NeoGenomics
NEO
$1.74B
| $4.67M | 0.02% |
573,610
-263,361
| -31% | -$2.51M |
|
|
CUTR
273
DELISTED
Cutera, Inc.
CUTR
| $4.64M | 0.02% |
+123,846
| New | +$6.54M |
|
|
CMRC
274
Commerce.com Inc Series 1
CMRC
$264M
| $4.61M | 0.02% |
284,577
-5,551
| -2% | -$102K |
|
275
Kohl's
KSS
$2.16B
| $4.59M | 0.02% |
128,575
-11,828
| -8% | -$580K |
|
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Fred Alger Management's Q2 2022 Portfolio in Review
As of Q2 2022, Fred Alger Management held 568 positions worth $21.4B, down 32% from $31.3B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Fred Alger Management withdrew a net $2.74B in Q2 2022, closing 68 positions and reducing 233 holdings. Its most notable exit was Expedia Group, an estimated $134M position sold in full.
By sector, the portfolio is most concentrated in Technology at 33% of assets, down from 36% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in ServiceNow worth $132M.
- Fred Alger Management's largest Q2 2022 buy was ServiceNow: 1,388,500 shares worth $132M.
- Fred Alger Management added most to McKesson in Q2 2022, an estimated $219M increase.
- Fred Alger Management's biggest Q2 2022 reduction was NVIDIA, cutting an estimated $349M.
- Fred Alger Management fully exited Expedia Group in Q2 2022, selling an estimated $134M.
- Fred Alger Management's ten largest holdings make up 29% of its $21.4B portfolio in Q2 2022.
- Fred Alger Management opened 77 new positions and closed 68 in Q2 2022.
- Fred Alger Management's portfolio value fell 32% quarter-over-quarter to $21.4B.
Based on Fred Alger Management's 13F filing for Q2 2022, filed 15 Aug 2022.