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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
+6.82%
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
$18.4B
AUM Growth
-$1.29B
(-6.5%)
Cap. Flow
-$1.51B
Cap. Flow
% of AUM
-8.21%
Top 10 Holdings %
Top 10 Hldgs %
26.32%
Holding
585
New
66
Increased
220
Reduced
190
Closed
69
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Snowflake
SNOW
|
+$127M |
| 2 |
NVIDIA
NVDA
|
+$124M |
| 3 |
Marvell Technology
MRVL
|
+$93.5M |
| 4 |
COUP
Coupa Software Incorporated
COUP
|
+$75.4M |
| 5 |
PayPal
PYPL
|
+$70.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MGM Resorts International
MGM
|
+$171M |
| 2 |
Tesla
TSLA
|
+$149M |
| 3 |
Apple
AAPL
|
+$137M |
| 4 |
Amazon
AMZN
|
+$134M |
| 5 |
Alibaba
BABA
|
+$115M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.81% |
| 2 | Healthcare | 25.72% |
| 3 | Industrials | 11.09% |
| 4 | Consumer Discretionary | 11.02% |
| 5 | Communication Services | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Parker-Hannifin
PH
$121B
| $1.8M | 0.01% |
6,174
+499
| +9% | +$143K |
|
352
Ascendis Pharma A/S
ASND
$16.5B
| $1.78M | 0.01% |
+14,556
| New | +$1.69M |
|
353
Philip Morris
PM
$299B
| $1.75M | 0.01% |
17,332
+1,666
| +11% | +$157K |
|
354
Southern Copper
SCCO
$145B
| $1.72M | 0.01% |
30,730
+4,063
| +15% | +$207K |
|
355
Blackstone Mortgage Trust
BXMT
$2.53B
| $1.71M | 0.01% |
80,808
+2,175
| +3% | +$51.5K |
|
356
Gilead Sciences
GILD
$163B
| $1.7M | 0.01% |
19,828
+1,344
| +7% | +$106K |
|
357
Halozyme
HALO
$9.88B
| $1.7M | 0.01% |
+29,801
| New | +$1.53M |
|
358
Oneok
OKE
$56.1B
| $1.68M | 0.01% |
25,518
+1,855
| +8% | +$114K |
|
359
Novartis
NVS
$301B
| $1.65M | 0.01% |
18,135
+1,421
| +9% | +$120K |
|
|
SEMR
360
DELISTED
Semrush
SEMR
| $1.61M | 0.01% |
197,858
-231,931
| -54% | -$2.35M |
|
361
Digital Turbine
APPS
$990M
| $1.57M | 0.01% |
102,870
+8
| +0% | +$123 |
|
|
GRMN
362
Garmin
GRMN
$57.4B
| $1.49M | 0.01% |
16,160
+1,330
| +9% | +$118K |
|
363
Burlington
BURL
$23.4B
| $1.38M | 0.01% |
+6,791
| New | +$1.08M |
|
|
FORG
364
DELISTED
ForgeRock, Inc.
FORG
| $1.3M | 0.01% |
57,113
+6
| +0% | +$131 |
|
365
Applied Materials
AMAT
$398B
| $1.29M | 0.01% |
13,265
-120,497
| -90% | -$11.6M |
|
366
EQT Corp
EQT
$33B
| $1.28M | 0.01% |
37,777
+36,113
| +2,170% | +$1.45M |
|
367
MongoDB
MDB
$26.2B
| $1.24M | 0.01% |
6,311
-87,269
| -93% | -$15.5M |
|
368
Lam Research
LRCX
$372B
| $1.24M | 0.01% |
29,520
-53,910
| -65% | -$2.26M |
|
369
AT&T
T
$159B
| $1.24M | 0.01% |
67,098
+6,405
| +11% | +$115K |
|
370
Flex
FLEX
$41B
| $1.22M | 0.01% |
75,380
| – | – |
|
371
Doximity
DOCS
$3.82B
| $1.18M | 0.01% |
35,120
+2
| +0% | +$61 |
|
372
XPO
XPO
$23.4B
| $1.17M | 0.01% |
35,042
-397,992
| -92% | -$13.4M |
|
373
Maravai LifeSciences
MRVI
$996M
| $1.15M | 0.01% |
80,222
-13,904
| -15% | -$219K |
|
374
Salesforce
CRM
$148B
| $1.11M | 0.01% |
8,365
-129,334
| -94% | -$18.9M |
|
375
Cytek Biosciences
CTKB
$557M
| $1.09M | 0.01% |
106,823
+432
| +0.4% | +$5.81K |
|
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Fred Alger Management's Q4 2022 Portfolio in Review
As of Q4 2022, Fred Alger Management held 585 positions worth $18.4B, down 6.5% from $19.7B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fred Alger Management withdrew a net $1.51B in Q4 2022, closing 69 positions and reducing 190 holdings. Its most notable exit was Monolithic Power Systems, an estimated $65.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 28% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Fred Alger Management opened a new position in Snowflake worth $119M.
- Fred Alger Management's largest Q4 2022 buy was Snowflake: 832,045 shares worth $119M.
- Fred Alger Management added most to NVIDIA in Q4 2022, an estimated $124M increase.
- Fred Alger Management's biggest Q4 2022 reduction was MGM Resorts International, cutting an estimated $171M.
- Fred Alger Management fully exited Monolithic Power Systems in Q4 2022, selling an estimated $65.9M.
- Fred Alger Management's ten largest holdings make up 26% of its $18.4B portfolio in Q4 2022.
- Fred Alger Management opened 66 new positions and closed 69 in Q4 2022.
- Fred Alger Management's portfolio value fell 6.5% quarter-over-quarter to $18.4B.
Based on Fred Alger Management's 13F filing for Q4 2022, filed 14 Feb 2023.