We are live on
!
Find out more
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 | |
|---|---|---|---|---|---|---|
251
Chevron
CVX
$382B
| $5.45M | 0.03% |
37,928
+4,467
| +13% | +$681K |
|
252
TripAdvisor
TRIP
$1.7B
| $5.38M | 0.03% |
243,460
+60
| +0% | +$1.34K |
|
253
Viridian Therapeutics
VRDN
$2.2B
| $5.36M | 0.03% |
+261,083
| New | +$4.69M |
|
254
Sprinklr
CXM
$1.51B
| $5.34M | 0.03% |
579,595
+373,005
| +181% | +$4.2M |
|
255
On Holding
ONON
$12.6B
| $5.3M | 0.03% |
+330,287
| New | +$6.58M |
|
256
Chefs' Warehouse
CHEF
$4.31B
| $5.26M | 0.03% |
181,725
| – | – |
|
257
Microchip Technology
MCHP
$38.8B
| $5.26M | 0.03% |
86,246
+14,028
| +19% | +$921K |
|
|
CUTR
258
DELISTED
Cutera, Inc.
CUTR
| $5.25M | 0.03% |
115,027
-8,819
| -7% | -$402K |
|
259
Shopify
SHOP
$168B
| $5.17M | 0.03% |
191,774
+41,284
| +27% | +$1.4M |
|
|
ACCD
260
DELISTED
Accolade Inc
ACCD
| $5.01M | 0.03% |
438,894
+259,891
| +145% | +$2.83M |
|
261
MP Materials
MP
$6.78B
| $4.97M | 0.03% |
182,162
-311,598
| -63% | -$10.2M |
|
262
Icon
ICLR
$13.7B
| $4.96M | 0.03% |
26,997
| – | – |
|
263
Universal Display
OLED
$3.75B
| $4.89M | 0.02% |
51,816
+6
| +0% | +$664 |
|
264
Alger 35 ETF
ATFV
$200M
| $4.88M | 0.02% |
370,512
| – | – |
|
|
SEMR
265
DELISTED
Semrush
SEMR
| $4.82M | 0.02% |
429,789
-134,585
| -24% | -$1.66M |
|
266
Airbnb
ABNB
$90.8B
| $4.78M | 0.02% |
45,548
-275,702
| -86% | -$30.6M |
|
267
Azenta
AZTA
$1.3B
| $4.76M | 0.02% |
111,175
-24,352
| -18% | -$1.45M |
|
268
DexCom
DXCM
$29B
| $4.76M | 0.02% |
59,121
-15,316
| -21% | -$1.3M |
|
269
Ferrari
RACE
$67.8B
| $4.74M | 0.02% |
25,626
| – | – |
|
270
Omnicell
OMCL
$1.88B
| $4.7M | 0.02% |
53,989
+100
| +0.2% | +$10.5K |
|
|
FRC
271
DELISTED
First Republic Bank
FRC
| $4.45M | 0.02% |
34,120
-18,497
| -35% | -$2.84M |
|
272
Qualcomm
QCOM
$164B
| $4.24M | 0.02% |
37,565
-49,269
| -57% | -$6.77M |
|
273
CVS Health
CVS
$135B
| $4.23M | 0.02% |
44,383
+4,645
| +12% | +$460K |
|
274
Trex
TREX
$4.4B
| $4.07M | 0.02% |
92,600
-783,664
| -89% | -$41.9M |
|
275
Alger Mid Cap 40 ETF
FRTY
$137M
| $4.02M | 0.02% |
341,700
+11,594
| +4% | +$154K |
|
Similar funds
CAM
BA
AM
SAM
CHP
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.