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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 | |
|---|---|---|---|---|---|---|
276
TripAdvisor
TRIP
$1.74B
| $4.33M | 0.02% |
243,400
-4,928
| -2% | -$117K |
|
277
Alger Mid Cap 40 ETF
FRTY
$140M
| $4.3M | 0.02% |
330,106
| – | – |
|
278
TSMC
TSM
$2.03T
| $4.23M | 0.02% |
51,742
-31,121
| -38% | -$2.88M |
|
279
HDFC Bank
HDB
$121B
| $4.22M | 0.02% |
153,710
| – | – |
|
|
GRFS
280
Grifois
GRFS
$5.44B
| $4.21M | 0.02% |
354,068
| – | – |
|
281
Microchip Technology
MCHP
$41.1B
| $4.19M | 0.02% |
72,218
-10,176
| -12% | -$674K |
|
282
iShares Russell 1000 Growth ETF
IWF
$119B
| $4.16M | 0.02% |
76,108
+41,572
| +120% | +$2.5M |
|
283
Xometry
XMTR
$4.58B
| $4.05M | 0.02% |
119,392
-2,440
| -2% | -$84.2K |
|
284
Fortinet
FTNT
$110B
| $3.95M | 0.02% |
69,820
+5,590
| +9% | +$332K |
|
285
Blackrock
BLK
$170B
| $3.93M | 0.02% |
6,459
+596
| +10% | +$388K |
|
286
Coca-Cola
KO
$380B
| $3.93M | 0.02% |
62,540
+4,900
| +9% | +$311K |
|
287
MSCI
MSCI
$42.1B
| $3.75M | 0.02% |
9,103
+7,044
| +342% | +$3.07M |
|
288
Booking.com
BKNG
$154B
| $3.69M | 0.02% |
52,750
-56,400
| -52% | -$4.81M |
|
289
CVS Health
CVS
$140B
| $3.68M | 0.02% |
39,738
-104,342
| -72% | -$10.2M |
|
290
Verizon
VZ
$201B
| $3.64M | 0.02% |
71,733
+8,739
| +14% | +$442K |
|
|
SGFY
291
DELISTED
Signify Health, Inc.
SGFY
| $3.62M | 0.02% |
262,038
+31,527
| +14% | +$444K |
|
292
Thermo Fisher Scientific
TMO
$214B
| $3.59M | 0.02% |
6,616
+6,424
| +3,346% | +$3.54M |
|
|
KRTX
293
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $3.5M | 0.02% |
27,674
+791
| +3% | +$90.9K |
|
|
AKYA
294
DELISTED
Akoya BioSciences
AKYA
| $3.42M | 0.02% |
266,459
-5,358
| -2% | -$55.5K |
|
295
Air Products & Chemicals
APD
$65.2B
| $3.4M | 0.02% |
14,124
+977
| +7% | +$238K |
|
296
ExxonMobil
XOM
$634B
| $3.38M | 0.02% |
39,442
+5,140
| +15% | +$464K |
|
297
Terreno Realty
TRNO
$7.72B
| $3.36M | 0.02% |
+60,285
| New | +$3.96M |
|
298
Bank of America
BAC
$439B
| $3.35M | 0.02% |
107,737
+16,936
| +19% | +$610K |
|
299
Gates Industrial Corporation Ltd.
GTES
$6.69B
| $3.32M | 0.02% |
306,717
-6,305
| -2% | -$78.9K |
|
300
Teledyne Technologies
TDY
$30.1B
| $3.29M | 0.02% |
8,766
| – | – |
|
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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.