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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 | |
|---|---|---|---|---|---|---|
476
KBR
KBR
$4.62B
| $44.4K | ﹤0.01% |
840
| – | – |
|
477
Yum! Brands
YUM
$41.8B
| $44.3K | ﹤0.01% |
+346
| New | +$41.9K |
|
478
WEX
WEX
$6.37B
| $43.5K | ﹤0.01% |
266
| – | – |
|
479
Markel Group
MKL
$23.3B
| $43.5K | ﹤0.01% |
33
-15
| -31% | -$18.6K |
|
480
Rollins
ROL
$18.3B
| $43.1K | ﹤0.01% |
1,179
| – | – |
|
481
Factset
FDS
$9.36B
| $42.9K | ﹤0.01% |
107
-10
| -9% | -$4.26K |
|
482
Valmont Industries
VMI
$9.3B
| $42.3K | ﹤0.01% |
128
+65
| +103% | +$20.6K |
|
483
Arthur J. Gallagher & Co
AJG
$64.1B
| $41.5K | ﹤0.01% |
+220
| New | +$41.1K |
|
484
Keysight
KEYS
$54.5B
| $41.1K | ﹤0.01% |
+240
| New | +$40.9K |
|
485
Genpact
G
$5.96B
| $40.7K | ﹤0.01% |
878
+507
| +137% | +$23.1K |
|
486
First Citizens BancShares
FCNCA
$24.9B
| $39.4K | ﹤0.01% |
+52
| New | +$41.9K |
|
487
Republic Services
RSG
$64.8B
| $38.8K | ﹤0.01% |
301
+163
| +118% | +$21.7K |
|
488
Liberty Media Series A
FWONA
$22.5B
| $38.6K | ﹤0.01% |
754
| – | – |
|
489
Dollar Tree
DLTR
$24.4B
| $38K | ﹤0.01% |
269
| – | – |
|
490
NOV
NOV
$6.93B
| $33.2K | ﹤0.01% |
1,588
| – | – |
|
491
Toro Company
TTC
$8.75B
| $28.9K | ﹤0.01% |
+255
| New | +$27K |
|
492
MKS Inc
MKSI
$20.1B
| $27.2K | ﹤0.01% |
321
| – | – |
|
493
Raymond James Financial
RJF
$33.8B
| $23.8K | ﹤0.01% |
+223
| New | +$25K |
|
494
Nexstar Media Group
NXST
$5.82B
| $23.1K | ﹤0.01% |
+132
| New | +$23.2K |
|
495
Align Technology
ALGN
$12.1B
| $22.8K | ﹤0.01% |
108
-1,043
| -91% | -$209K |
|
496
Wendy's
WEN
$1.4B
| $22.4K | ﹤0.01% |
+989
| New | +$21.1K |
|
497
Chemed
CHE
$7.07B
| $21.9K | ﹤0.01% |
+43
| New | +$20.9K |
|
498
Nordson
NDSN
$16.6B
| $21.4K | ﹤0.01% |
+90
| New | +$20.6K |
|
|
SCHW
499
Charles Schwab
SCHW
$183B
| $21.3K | ﹤0.01% |
+256
| New | +$19.9K |
|
500
Gartner
IT
$10.1B
| $21.2K | ﹤0.01% |
+63
| New | +$20.3K |
|
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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.