We are live on
!
Find out more
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 | |
|---|---|---|---|---|---|---|
426
Tenet Healthcare
THC
$22.6B
| $209K | ﹤0.01% |
3,985
-409,024
| -99% | -$28.5M |
|
|
ALTR
427
DELISTED
Altair Engineering Inc
ALTR
| $205K | ﹤0.01% |
3,902
| – | – |
|
428
Alpha Tau Medical
DRTS
$1.04B
| $185K | ﹤0.01% |
+20,554
| New | +$184K |
|
429
Ocular Therapeutix
OCUL
$1.85B
| $185K | ﹤0.01% |
+45,987
| New | +$174K |
|
|
SWCH
430
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $130K | ﹤0.01% |
3,866
+253
| +7% | +$8.18K |
|
|
MRSH
431
Marsh
MRSH
$91.7B
| $129K | ﹤0.01% |
832
-70
| -8% | -$11.2K |
|
432
Molina Healthcare
MOH
$10.5B
| $126K | ﹤0.01% |
452
+58
| +15% | +$17.5K |
|
433
Brown & Brown
BRO
$24.6B
| $121K | ﹤0.01% |
2,072
+679
| +49% | +$41.7K |
|
434
Chipotle Mexican Grill
CMG
$43B
| $115K | ﹤0.01% |
4,400
-2,429,600
| -100% | -$67.7M |
|
435
Carlisle Companies
CSL
$14.1B
| $113K | ﹤0.01% |
473
-173
| -27% | -$43.1K |
|
436
Synopsys
SNPS
$73.5B
| $108K | ﹤0.01% |
354
-25,209
| -99% | -$7.6M |
|
437
Aon
AON
$81.4B
| $107K | ﹤0.01% |
398
+147
| +59% | +$42.3K |
|
438
Amylyx Pharmaceuticals
AMLX
$2.17B
| $99K | ﹤0.01% |
+5,129
| New | +$60.9K |
|
439
Public Storage
PSA
$61.7B
| $96K | ﹤0.01% |
308
-120
| -28% | -$41.5K |
|
440
Nurix Therapeutics
NRIX
$2.51B
| $93K | ﹤0.01% |
+7,306
| New | +$82.8K |
|
441
Design Therapeutics
DSGN
$741M
| $92K | ﹤0.01% |
+6,578
| New | +$88.9K |
|
442
Brown-Forman Class B
BF.B
$13.3B
| $90K | ﹤0.01% |
1,277
+997
| +356% | +$66.8K |
|
443
Choice Hotels
CHH
$5.22B
| $89K | ﹤0.01% |
796
+487
| +158% | +$63.2K |
|
|
NUVL
444
DELISTED
Nuvalent
NUVL
| $85K | ﹤0.01% |
+6,249
| New | +$66.1K |
|
445
Factset
FDS
$10.1B
| $83K | ﹤0.01% |
215
-117
| -35% | -$45.8K |
|
446
Amphenol
APH
$177B
| $76K | ﹤0.01% |
2,362
-578
| -20% | -$20.1K |
|
447
Extra Space Storage
EXR
$32.2B
| $75K | ﹤0.01% |
443
-300
| -40% | -$55.6K |
|
|
ANSS
448
DELISTED
Ansys
ANSS
| $74K | ﹤0.01% |
309
-7,744
| -96% | -$2.05M |
|
449
Lowe's Companies
LOW
$122B
| $74K | ﹤0.01% |
422
-153
| -27% | -$29.5K |
|
450
RenaissanceRe
RNR
$13.9B
| $68K | ﹤0.01% |
+437
| New | +$66.1K |
|
Similar funds
CAM
BA
AM
SAM
CHP
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.