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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
-7.7%
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
$31.3B
AUM Growth
-$8.62B
(-22%)
Cap. Flow
-$3.66B
Cap. Flow
% of AUM
-11.69%
Top 10 Holdings %
Top 10 Hldgs %
30.33%
Holding
574
New
67
Increased
165
Reduced
236
Closed
83
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$255M |
| 2 |
Visa
V
|
+$248M |
| 3 |
Intuit
INTU
|
+$235M |
| 4 |
Alibaba
BABA
|
+$229M |
| 5 |
Advanced Micro Devices
AMD
|
+$163M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Qualcomm
QCOM
|
+$381M |
| 2 |
Adobe
ADBE
|
+$304M |
| 3 |
Applied Materials
AMAT
|
+$250M |
| 4 |
Amazon
AMZN
|
+$207M |
| 5 |
Micron Technology
MU
|
+$184M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.83% |
| 2 | Healthcare | 18.53% |
| 3 | Consumer Discretionary | 14.86% |
| 4 | Industrials | 11.27% |
| 5 | Financials | 6.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
F5
FFIV
$22.1B
| $2.5M | 0.01% |
11,969
-9,529
| -44% | -$2M |
|
327
Sweetgreen
SG
$778M
| $2.43M | 0.01% |
75,858
-24,720
| -25% | -$718K |
|
|
FNA
328
DELISTED
Paragon 28, Inc.
FNA
| $2.42M | 0.01% |
144,267
-824
| -0.6% | -$13.3K |
|
329
iShares Russell 1000 Growth ETF
IWF
$120B
| $2.4M | 0.01% |
34,536
-176,072
| -84% | -$12M |
|
330
Pfizer
PFE
$142B
| $2.34M | 0.01% |
45,285
+2,604
| +6% | +$135K |
|
331
Starbucks
SBUX
$121B
| $2.34M | 0.01% |
25,722
+962
| +4% | +$90.8K |
|
332
Castle Biosciences
CSTL
$813M
| $2.33M | 0.01% |
+51,883
| New | +$2.14M |
|
333
Coherus Oncology
CHRS
$227M
| $2.29M | 0.01% |
177,391
-258,797
| -59% | -$3.29M |
|
|
IGMS
334
DELISTED
IGM Biosciences
IGMS
| $2.29M | 0.01% |
+85,609
| New | +$1.59M |
|
|
TWKS
335
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $2.29M | 0.01% |
109,907
+17,922
| +19% | +$391K |
|
|
CCXI
336
DELISTED
ChemoCentryx, Inc.
CCXI
| $2.25M | 0.01% |
89,828
-62,269
| -41% | -$1.75M |
|
337
Bumble
BMBL
$380M
| $2.21M | 0.01% |
76,127
-495
| -0.6% | -$13.7K |
|
338
Walmart Inc
WMT
$884B
| $2.19M | 0.01% |
44,160
+1,236
| +3% | +$58K |
|
|
RNLX
339
DELISTED
Renalytix plc American Depositary Shares
RNLX
| $2.17M | 0.01% |
313,717
-1,786
| -0.6% | -$18.9K |
|
340
Simon Property Group
SPG
$74.7B
| $2.14M | 0.01% |
16,254
-564,081
| -97% | -$80.4M |
|
341
Merck
MRK
$321B
| $2.14M | 0.01% |
26,030
+1,511
| +6% | +$119K |
|
342
Sysco
SYY
$40.6B
| $2.13M | 0.01% |
26,096
+1,711
| +7% | +$138K |
|
|
CANO
343
DELISTED
Cano Health, Inc.
CANO
| $2.02M | 0.01% |
+3,188
| New | +$2.01M |
|
344
Medtronic
MDT
$110B
| $2.02M | 0.01% |
18,182
+1,636
| +10% | +$173K |
|
345
Blackstone Mortgage Trust
BXMT
$2.52B
| $2.01M | 0.01% |
63,241
+8,134
| +15% | +$255K |
|
346
Altria Group
MO
$113B
| $1.92M | 0.01% |
36,796
+3,087
| +9% | +$157K |
|
347
McDonald's
MCD
$191B
| $1.91M | 0.01% |
7,739
+423
| +6% | +$105K |
|
348
Welltower
WELL
$170B
| $1.77M | 0.01% |
18,370
+1,307
| +8% | +$114K |
|
349
Personalis
PSNL
$1.31B
| $1.75M | 0.01% |
213,262
-1,150
| -0.5% | -$11.9K |
|
350
General Dynamics
GD
$103B
| $1.74M | 0.01% |
7,227
+589
| +9% | +$131K |
|
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Fred Alger Management's Q1 2022 Portfolio in Review
As of Q1 2022, Fred Alger Management held 574 positions worth $31.3B, down 22% from $39.9B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Fred Alger Management withdrew a net $3.66B in Q1 2022, closing 83 positions and reducing 236 holdings. Its most notable exit was Coinbase, an estimated $173M position sold in full.
By sector, the portfolio is most concentrated in Technology at 36% of assets, down from 38% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Alibaba worth $216M.
- Fred Alger Management's largest Q1 2022 buy was Alibaba: 1,989,523 shares worth $216M.
- Fred Alger Management added most to Pioneer Natural Resource Co. in Q1 2022, an estimated $255M increase.
- Fred Alger Management's biggest Q1 2022 reduction was Qualcomm, cutting an estimated $381M.
- Fred Alger Management fully exited Coinbase in Q1 2022, selling an estimated $173M.
- Fred Alger Management's ten largest holdings make up 30% of its $31.3B portfolio in Q1 2022.
- Fred Alger Management opened 67 new positions and closed 83 in Q1 2022.
- Fred Alger Management's portfolio value fell 22% quarter-over-quarter to $31.3B.
Based on Fred Alger Management's 13F filing for Q1 2022, filed 16 May 2022.