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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 | |
|---|---|---|---|---|---|---|
426
Guardant Health
GH
$20.2B
| $285K | ﹤0.01% |
10,478
-103,268
| -91% | -$4.73M |
|
427
Pool Corp
POOL
$6.95B
| $282K | ﹤0.01% |
932
| – | – |
|
428
On Holding
ONON
$12.4B
| $268K | ﹤0.01% |
15,623
-314,664
| -95% | -$5.5M |
|
429
Quanta Services
PWR
$98.7B
| $232K | ﹤0.01% |
+1,630
| New | +$231K |
|
430
AnaptysBio
ANAB
$1.63B
| $191K | ﹤0.01% |
+6,177
| New | +$174K |
|
|
ISEE
431
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $181K | ﹤0.01% |
+8,455
| New | +$180K |
|
432
Clearfield
CLFD
$420M
| $171K | ﹤0.01% |
+1,819
| New | +$192K |
|
|
ALTR
433
DELISTED
Altair Engineering Inc
ALTR
| $162K | ﹤0.01% |
3,565
| – | – |
|
434
Aecom
ACM
$9.22B
| $147K | ﹤0.01% |
1,727
+857
| +99% | +$67.4K |
|
435
Cigna
CI
$76.1B
| $143K | ﹤0.01% |
433
-9,710
| -96% | -$3.07M |
|
436
Cencora
COR
$60.7B
| $140K | ﹤0.01% |
847
-18,208
| -96% | -$2.88M |
|
437
Rapid Micro Biosystems
RPID
$105M
| $140K | ﹤0.01% |
123,845
+15
| +0% | +$36 |
|
438
Targa Resources
TRGP
$57.6B
| $140K | ﹤0.01% |
1,898
+969
| +104% | +$67.6K |
|
439
4D Molecular Therapeutics
FDMT
$526M
| $139K | ﹤0.01% |
+6,241
| New | +$96.4K |
|
|
440
Alibaba
BABA
$279B
| $138K | ﹤0.01% |
1,572
-1,452,442
| -100% | -$115M |
|
441
Automatic Data Processing
ADP
$105B
| $127K | ﹤0.01% |
530
+267
| +102% | +$65.6K |
|
|
NATI
442
DELISTED
National Instruments Corp
NATI
| $125K | ﹤0.01% |
3,378
+1,681
| +99% | +$65.7K |
|
|
RAPT
443
DELISTED
RAPT Therapeutics
RAPT
| $122K | ﹤0.01% |
+771
| New | +$123K |
|
444
Paychex
PAYX
$41.4B
| $120K | ﹤0.01% |
1,040
+182
| +21% | +$21.3K |
|
445
Genuine Parts
GPC
$17.2B
| $115K | ﹤0.01% |
665
+387
| +139% | +$67.3K |
|
446
National Vision
EYE
$1.79B
| $110K | ﹤0.01% |
2,846
-2
| -0.1% | -$75 |
|
447
Elevance Health
ELV
$81.6B
| $109K | ﹤0.01% |
213
+87
| +69% | +$44.2K |
|
448
Fair Isaac
FICO
$26.4B
| $102K | ﹤0.01% |
171
+133
| +350% | +$70K |
|
449
VeriSign
VRSN
$25.9B
| $97.6K | ﹤0.01% |
475
-39,819
| -99% | -$7.63M |
|
450
Jack Henry & Associates
JKHY
$11B
| $94.6K | ﹤0.01% |
539
+115
| +27% | +$21.2K |
|
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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.