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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
Cap. Flow
-$1.56B
Cap. Flow %
-7.93%
Top 10 Hldgs %
29.74%
Holding
577
New
77
Increased
189
Reduced
196
Closed
58

Top Buys

Rank Stock Value
1
MRVL icon
Marvell Technology
MRVL
+$164M
2
CNC icon
Centene
CNC
+$162M
3
LLY icon
Eli Lilly
LLY
+$143M
4
NFLX icon
Netflix
NFLX
+$139M
5
AMZN icon
Amazon
AMZN
+$115M

Top Sells

Rank Stock Value
1
V icon
Visa
V
+$177M
2
INTU icon
Intuit
INTU
+$176M
3
AMAT icon
Applied Materials
AMAT
+$166M
4
AMD icon
Advanced Micro Devices
AMD
+$115M
5
CRWD icon
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
ACHC icon
26
Acadia Healthcare
ACHC
$3B
$158M 0.8%
2,026,516
+298,324
+17% +$23.8M
ETN icon
27
Eaton
ETN
$152B
$157M 0.8%
1,180,941
-367,521
-24% -$51.4M
CNC icon
28
Centene
CNC
$31.8B
$157M 0.8%
2,017,665
+1,808,394
+864% +$162M
SHAK icon
29
Shake Shack
SHAK
$2.48B
$154M 0.78%
3,417,250
-1,736,112
-34% -$83.3M
MELI icon
30
Mercado Libre
MELI
$93.2B
$153M 0.77%
184,703
+29,836
+19% +$25.6M
VRTX icon
31
Vertex Pharmaceuticals
VRTX
$122B
$153M 0.77%
527,706
+29,367
+6% +$8.45M
PAYC icon
32
Paycom
PAYC
$7.27B
$149M 0.76%
451,879
-85,744
-16% -$29.5M
COST icon
33
Costco
COST
$422B
$149M 0.75%
314,684
-103,934
-25% -$54.1M
PODD icon
34
Insulet
PODD
$11.5B
$145M 0.73%
632,051
+10,308
+2% +$2.58M
SPGI icon
35
S&P Global
SPGI
$131B
$143M 0.73%
469,026
-133,541
-22% -$47.8M
MRVL icon
36
Marvell Technology
MRVL
$167B
$142M 0.72%
+3,318,860
New +$164M
TTD icon
37
Trade Desk
TTD
$8.59B
$135M 0.68%
2,259,932
-404,050
-15% -$23M
SPSC icon
38
SPS Commerce
SPSC
$2.43B
$135M 0.68%
1,083,568
-80,253
-7% -$9.73M
DDOG icon
39
Datadog
DDOG
$90.8B
$133M 0.68%
1,501,446
-931,389
-38% -$93.8M
NVDA icon
40
NVIDIA
NVDA
$4.74T
$130M 0.66%
10,713,670
+2,497,380
+30% +$39.5M
ALB icon
41
Albemarle
ALB
$13.6B
$129M 0.65%
488,490
+203,385
+71% +$51.7M
TECH icon
42
Bio-Techne
TECH
$11.2B
$126M 0.64%
1,778,040
-229,072
-11% -$19.8M
LNG icon
43
Cheniere Energy
LNG
$54.7B
$121M 0.61%
726,524
+13,135
+2% +$1.99M
HQY icon
44
HealthEquity
HQY
$8.26B
$119M 0.61%
1,778,970
+4,830
+0.3% +$306K
VEEV icon
45
Veeva Systems
VEEV
$32.1B
$119M 0.6%
722,892
+36,751
+5% +$7.34M
BABA icon
46
Alibaba
BABA
$274B
$116M 0.59%
1,454,014
-751,831
-34% -$71.6M
CRWD icon
47
CrowdStrike
CRWD
$185B
$115M 0.58%
2,794,112
-2,408,952
-46% -$110M
ONT
48
Onterris Inc
ONT
$721M
$108M 0.55%
3,216,709
-157,394
-5% -$6.24M
FSLR icon
49
First Solar
FSLR
$21.6B
$100M 0.51%
+756,079
New +$81M
GLOB icon
50
Globant
GLOB
$1.44B
$98.8M 0.5%
528,214
+7,506
+1% +$1.55M
1
2
3 4 5

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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.