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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
+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 | |
|---|---|---|---|---|---|---|
326
Champion Homes
SKY
$4.41B
| $2.38M | 0.01% |
45,064
| – | – |
|
327
LegalZoom.com
LZ
$1.45B
| $2.37M | 0.01% |
276,714
+56
| +0% | +$580 |
|
328
Jazz Pharmaceuticals
JAZZ
$16.1B
| $2.37M | 0.01% |
17,746
-88,770
| -83% | -$13.5M |
|
329
Walmart Inc
WMT
$909B
| $2.36M | 0.01% |
54,669
+6,171
| +13% | +$270K |
|
330
PUT
Twist Bioscience
TWST
$5.32B
| $2.25M | 0.01% |
+64,000
| New | +$2.72M |
|
331
Magnite
MGNI
$2.83B
| $2.21M | 0.01% |
337,079
+87
| +0% | +$700 |
|
332
McDonald's
MCD
$193B
| $2.21M | 0.01% |
9,575
+1,136
| +13% | +$290K |
|
|
GRFS
333
Grifois
GRFS
$5.55B
| $2.18M | 0.01% |
354,068
| – | – |
|
334
Amphenol
APH
$185B
| $2.15M | 0.01% |
64,368
+62,006
| +2,625% | +$2.25M |
|
335
Sysco
SYY
$40.8B
| $2.15M | 0.01% |
30,388
+3,012
| +11% | +$251K |
|
336
Sempra
SRE
$58.1B
| $2.12M | 0.01% |
28,280
+4,674
| +20% | +$378K |
|
337
Teledyne Technologies
TDY
$29.2B
| $2.09M | 0.01% |
6,196
-2,570
| -29% | -$981K |
|
338
Phreesia
PHR
$689M
| $2.03M | 0.01% |
+79,589
| New | +$1.99M |
|
339
Altria Group
MO
$125B
| $2.02M | 0.01% |
50,034
+3,936
| +9% | +$172K |
|
340
TotalEnergies
TTE
$193B
| $1.99M | 0.01% |
42,780
+6,270
| +17% | +$315K |
|
341
Cheniere Energy
CQP
$30.5B
| $1.97M | 0.01% |
36,825
+6,813
| +23% | +$341K |
|
342
Prologis
PLD
$136B
| $1.96M | 0.01% |
19,249
-27,552
| -59% | -$3.42M |
|
343
Medtronic
MDT
$112B
| $1.94M | 0.01% |
23,999
+3,290
| +16% | +$296K |
|
344
Option Care Health
OPCH
$3.58B
| $1.9M | 0.01% |
+60,212
| New | +$1.93M |
|
345
Affiliated Managers Group
AMG
$9.51B
| $1.88M | 0.01% |
16,826
| – | – |
|
|
HLVX
346
DELISTED
HilleVax
HLVX
| $1.84M | 0.01% |
107,710
| – | – |
|
347
Blackstone Mortgage Trust
BXMT
$2.77B
| $1.83M | 0.01% |
78,633
+10,260
| +15% | +$297K |
|
348
General Dynamics
GD
$103B
| $1.82M | 0.01% |
8,581
+1,127
| +15% | +$255K |
|
349
Simon Property Group
SPG
$76.4B
| $1.81M | 0.01% |
20,138
+1,928
| +11% | +$197K |
|
|
ITCI
350
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $1.79M | 0.01% |
38,536
-46,184
| -55% | -$2.41M |
|
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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.