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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 | |
|---|---|---|---|---|---|---|
326
Sysco
SYY
$40.7B
| $2.32M | 0.01% |
27,376
+1,280
| +5% | +$107K |
|
|
FNA
327
DELISTED
Paragon 28, Inc.
FNA
| $2.25M | 0.01% |
141,476
-2,791
| -2% | -$47K |
|
328
Champion Homes
SKY
$4.58B
| $2.14M | 0.01% |
+45,064
| New | +$2.32M |
|
329
Bumble
BMBL
$393M
| $2.1M | 0.01% |
74,450
-1,677
| -2% | -$45.5K |
|
330
Sprinklr
CXM
$1.48B
| $2.09M | 0.01% |
+206,590
| New | +$2.51M |
|
331
McDonald's
MCD
$194B
| $2.08M | 0.01% |
8,439
+700
| +9% | +$172K |
|
|
MRSN
332
DELISTED
Mersana Therapeutics
MRSN
| $2.08M | 0.01% |
17,986
+5,063
| +39% | +$476K |
|
|
BBBY
333
DELISTED
Bed Bath & Beyond Inc
BBBY
| $2M | 0.01% |
402,414
+53,269
| +15% | +$620K |
|
334
Walmart Inc
WMT
$900B
| $1.97M | 0.01% |
48,498
+4,338
| +10% | +$200K |
|
335
Affiliated Managers Group
AMG
$9.78B
| $1.96M | 0.01% |
16,826
-83,204
| -83% | -$10.7M |
|
336
Welltower
WELL
$172B
| $1.93M | 0.01% |
23,410
+5,040
| +27% | +$448K |
|
337
Altria Group
MO
$125B
| $1.93M | 0.01% |
46,098
+9,302
| +25% | +$482K |
|
338
TotalEnergies
TTE
$187B
| $1.92M | 0.01% |
36,510
+2,575
| +8% | +$137K |
|
339
Blackstone Mortgage Trust
BXMT
$2.81B
| $1.89M | 0.01% |
68,373
+5,132
| +8% | +$155K |
|
340
Cerence
CRNC
$368M
| $1.88M | 0.01% |
74,618
-60,067
| -45% | -$1.8M |
|
|
FTCH
341
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $1.87M | 0.01% |
260,623
-5,250
| -2% | -$53.7K |
|
342
Medtronic
MDT
$111B
| $1.86M | 0.01% |
20,709
+2,527
| +14% | +$256K |
|
343
Digital Turbine
APPS
$1.02B
| $1.8M | 0.01% |
102,841
-2,075
| -2% | -$56.3K |
|
344
Sempra
SRE
$59.2B
| $1.77M | 0.01% |
23,606
+3,330
| +16% | +$267K |
|
345
Simon Property Group
SPG
$76.8B
| $1.73M | 0.01% |
18,210
+1,956
| +12% | +$224K |
|
346
Hilton Worldwide
HLT
$73.4B
| $1.7M | 0.01% |
15,282
+15,159
| +12,324% | +$2.1M |
|
347
General Dynamics
GD
$106B
| $1.65M | 0.01% |
7,454
+227
| +3% | +$52.2K |
|
348
Walt Disney
DIS
$172B
| $1.64M | 0.01% |
17,373
-385,652
| -96% | -$42.8M |
|
349
Compass Therapeutics
CMPX
$367M
| $1.61M | 0.01% |
608,536
| – | – |
|
350
RTX Corp
RTX
$295B
| $1.57M | 0.01% |
16,305
-235,087
| -94% | -$22.6M |
|
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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.