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
+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 | |
|---|---|---|---|---|---|---|
|
WCC
451
WESCO International
WCC
$16.7B
| $60K | ﹤0.01% |
+500
| New | +$62.6K |
|
452
Aecom
ACM
$9.22B
| $59K | ﹤0.01% |
+870
| New | +$61.7K |
|
453
Automatic Data Processing
ADP
$105B
| $59K | ﹤0.01% |
+263
| New | +$62K |
|
454
Arch Capital
ACGL
$34.5B
| $58K | ﹤0.01% |
1,283
+398
| +45% | +$18K |
|
455
Elevance Health
ELV
$81.6B
| $57K | ﹤0.01% |
126
-11,444
| -99% | -$5.48M |
|
456
Targa Resources
TRGP
$57.6B
| $56K | ﹤0.01% |
+929
| New | +$61K |
|
457
FMC
FMC
$1.48B
| $55K | ﹤0.01% |
516
| – | – |
|
458
National Fuel Gas
NFG
$7.84B
| $54K | ﹤0.01% |
+871
| New | +$60.1K |
|
459
Choice Hotels
CHH
$5.08B
| $53K | ﹤0.01% |
487
-309
| -39% | -$35.4K |
|
460
Emerson Electric
EMR
$83.3B
| $53K | ﹤0.01% |
+726
| New | +$60.3K |
|
461
Markel Group
MKL
$23.6B
| $52K | ﹤0.01% |
48
+33
| +220% | +$40.3K |
|
462
Carlisle Companies
CSL
$15B
| $51K | ﹤0.01% |
181
-292
| -62% | -$83.7K |
|
463
MarketAxess Holdings
MKTX
$5.78B
| $51K | ﹤0.01% |
230
| – | – |
|
464
Tradeweb Markets
TW
$20.8B
| $49K | ﹤0.01% |
867
| – | – |
|
465
WillScot Mobile Mini Holdings
WSC
$4.35B
| $49K | ﹤0.01% |
+1,218
| New | +$47.5K |
|
466
Factset
FDS
$9.35B
| $47K | ﹤0.01% |
117
-98
| -46% | -$41.5K |
|
467
Wayfair
W
$11.9B
| $47K | ﹤0.01% |
1,435
| – | – |
|
468
LPL Financial
LPLA
$27.1B
| $44K | ﹤0.01% |
+200
| New | +$42.5K |
|
|
SWCH
469
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $44K | ﹤0.01% |
1,299
-2,567
| -66% | -$86.9K |
|
470
Lowe's Companies
LOW
$118B
| $43K | ﹤0.01% |
229
-193
| -46% | -$37.6K |
|
471
Genuine Parts
GPC
$17.2B
| $42K | ﹤0.01% |
+278
| New | +$42K |
|
472
Rollins
ROL
$18.5B
| $41K | ﹤0.01% |
+1,179
| New | +$42.5K |
|
473
Texas Pacific Land
TPL
$27.2B
| $41K | ﹤0.01% |
+207
| New | +$39.9K |
|
474
Liberty Media Series A
FWONA
$23.1B
| $38K | ﹤0.01% |
+754
| New | +$42K |
|
475
Dollar Tree
DLTR
$24.7B
| $37K | ﹤0.01% |
+269
| New | +$41.9K |
|
Similar funds
CAM
BA
AM
SAM
CHP
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.