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
+15.81%
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
$19.6B
AUM Growth
+$879M
(+4.7%)
Cap. Flow
-$1.18B
Cap. Flow
% of AUM
-6.05%
Top 10 Holdings %
Top 10 Hldgs %
34.09%
Holding
589
New
74
Increased
137
Reduced
233
Closed
78
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$96.2M |
| 2 |
DraftKings
DKNG
|
+$81.7M |
| 3 |
GE HealthCare
GEHC
|
+$81.1M |
| 4 |
GFL Environmental
GFL
|
+$77M |
| 5 |
Vaxcyte
PCVX
|
+$72.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Intuit
INTU
|
+$187M |
| 2 |
RXDX
Prometheus Biosciences, Inc. Common Stock
RXDX
|
+$143M |
| 3 |
AbbVie
ABBV
|
+$112M |
| 4 |
Walt Disney
DIS
|
+$99.6M |
| 5 |
HSKA
Heska Corp
HSKA
|
+$80.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 36.16% |
| 2 | Healthcare | 20.31% |
| 3 | Consumer Discretionary | 12.43% |
| 4 | Industrials | 10.17% |
| 5 | Communication Services | 7.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Analog Devices
ADI
$178B
| $5M | 0.03% |
25,671
-2,492
| -9% | -$461K |
|
252
Stryker
SYK
$133B
| $4.86M | 0.02% |
+15,914
| New | +$4.6M |
|
253
Webster Financial
WBS
$12.5B
| $4.82M | 0.02% |
127,679
-3,101
| -2% | -$114K |
|
254
Teledyne Technologies
TDY
$30.1B
| $4.8M | 0.02% |
11,670
+3,310
| +40% | +$1.37M |
|
255
Coca-Cola
KO
$380B
| $4.65M | 0.02% |
77,258
| – | – |
|
256
Lattice Semiconductor
LSCC
$16.4B
| $4.58M | 0.02% |
+47,673
| New | +$4.1M |
|
257
Hexcel
HXL
$8.3B
| $4.56M | 0.02% |
60,034
-1,245
| -2% | -$88.7K |
|
258
HDFC Bank
HDB
$121B
| $4.55M | 0.02% |
130,470
+11,000
| +9% | +$371K |
|
259
Madrigal Pharmaceuticals
MDGL
$12.4B
| $4.48M | 0.02% |
19,408
-1,458
| -7% | -$395K |
|
260
Comcast
CMCSA
$85.8B
| $4.45M | 0.02% |
107,059
+4,430
| +4% | +$176K |
|
261
CrowdStrike
CRWD
$185B
| $4.38M | 0.02% |
119,332
-40,120
| -25% | -$1.4M |
|
262
Alger Mid Cap 40 ETF
FRTY
$140M
| $4.32M | 0.02% |
331,865
-9,835
| -3% | -$121K |
|
263
Lam Research
LRCX
$337B
| $4.29M | 0.02% |
66,710
-5,630
| -8% | -$317K |
|
264
Bank of America
BAC
$439B
| $4.21M | 0.02% |
146,904
| – | – |
|
265
TransUnion
TRU
$16.2B
| $4.18M | 0.02% |
53,423
+53,074
| +15,207% | +$3.67M |
|
266
Cisco
CSCO
$456B
| $4.16M | 0.02% |
80,393
| – | – |
|
267
BioMarin Pharmaceuticals
BMRN
$12B
| $4.13M | 0.02% |
47,597
-85,326
| -64% | -$8.03M |
|
268
Gates Industrial Corporation Ltd.
GTES
$6.69B
| $4.04M | 0.02% |
299,412
-7,502
| -2% | -$97.3K |
|
|
CTRA
269
DELISTED
Coterra Energy
CTRA
| $4M | 0.02% |
158,096
-3,851
| -2% | -$95.7K |
|
270
Merck
MRK
$326B
| $4M | 0.02% |
34,657
| – | – |
|
271
Blackstone
BX
$107B
| $3.99M | 0.02% |
42,918
| – | – |
|
272
Marqeta
MQ
$1.9B
| $3.97M | 0.02% |
203,631
+37,580
| +23% | +$682K |
|
273
dLocal
DLO
$4.38B
| $3.95M | 0.02% |
323,466
-8,476
| -3% | -$112K |
|
274
Monolithic Power Systems
MPWR
$63B
| $3.86M | 0.02% |
+7,146
| New | +$3.39M |
|
275
MakeMyTrip
MMYT
$5.1B
| $3.77M | 0.02% |
139,653
-13,000
| -9% | -$334K |
|
Similar funds
CAM
BA
AM
SAM
CHP
Fred Alger Management's Q2 2023 Portfolio in Review
As of Q2 2023, Fred Alger Management held 589 positions worth $19.6B, up 4.7% from $18.7B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Fred Alger Management withdrew a net $1.18B in Q2 2023, closing 78 positions and reducing 233 holdings. Its most notable exit was Prometheus Biosciences, Inc. Common Stock, an estimated $143M position sold in full.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 35% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in DraftKings worth $94.2M.
- Fred Alger Management's largest Q2 2023 buy was DraftKings: 3,544,411 shares worth $94.2M.
- Fred Alger Management added most to Meta Platforms (Facebook) in Q2 2023, an estimated $96.2M increase.
- Fred Alger Management's biggest Q2 2023 reduction was Intuit, cutting an estimated $187M.
- Fred Alger Management fully exited Prometheus Biosciences, Inc. Common Stock in Q2 2023, selling an estimated $143M.
- Fred Alger Management's ten largest holdings make up 34% of its $19.6B portfolio in Q2 2023.
- Fred Alger Management opened 74 new positions and closed 78 in Q2 2023.
- Fred Alger Management's portfolio value rose 4.7% quarter-over-quarter to $19.6B.
Based on Fred Alger Management's 13F filing for Q2 2023, filed 14 Aug 2023.