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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
(-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 | |
|---|---|---|---|---|---|---|
501
Illinois Tool Works
ITW
$84.1B
| $18K | ﹤0.01% |
102
| – | – |
|
502
IDEX
IEX
$17B
| $17K | ﹤0.01% |
+86
| New | +$17.4K |
|
503
Linde
LIN
$236B
| $17K | ﹤0.01% |
+63
| New | +$18.1K |
|
504
Valmont Industries
VMI
$8.81B
| $17K | ﹤0.01% |
+63
| New | +$16.6K |
|
505
Vistra
VST
$48.2B
| $17K | ﹤0.01% |
+792
| New | +$19.2K |
|
|
AIRC
506
DELISTED
Apartment Income REIT Corp.
AIRC
| $17K | ﹤0.01% |
+435
| New | +$18.4K |
|
507
Fair Isaac
FICO
$31.8B
| $16K | ﹤0.01% |
+38
| New | +$17.2K |
|
508
Genpact
G
$6.22B
| $16K | ﹤0.01% |
+371
| New | +$17.1K |
|
509
Ubiquiti
UI
$31.6B
| $16K | ﹤0.01% |
+56
| New | +$16.5K |
|
510
Booking.com
BKNG
$156B
| $15K | ﹤0.01% |
225
-52,525
| -100% | -$3.95M |
|
511
Crown Holdings
CCK
$13B
| $15K | ﹤0.01% |
184
| – | – |
|
512
Steris
STE
$22.9B
| $15K | ﹤0.01% |
91
| – | – |
|
513
Teleflex
TFX
$5.96B
| $15K | ﹤0.01% |
72
| – | – |
|
514
Encompass Health
EHC
$11.3B
| $14K | ﹤0.01% |
319
-82
| -20% | -$4.1K |
|
515
LyondellBasell Industries
LYB
$19.5B
| $14K | ﹤0.01% |
183
| – | – |
|
516
Westlake Corp
WLK
$9.26B
| $14K | ﹤0.01% |
158
| – | – |
|
|
DMTK
517
DELISTED
DermTech, Inc. Common Stock
DMTK
| $11K | ﹤0.01% |
2,694
| – | – |
|
518
iShares Russell Mid-Cap Growth ETF
IWP
$19.4B
| $10K | ﹤0.01% |
128
-11,444
| -99% | -$985K |
|
|
EHAB
519
DELISTED
Enhabit
EHAB
| $2K | ﹤0.01% |
+159
| New | +$2.58K |
|
520
Abbott
ABT
$187B
| – | – |
-357
| Closed | -$39K |
|
|
AMED
521
DELISTED
Amedisys
AMED
| – | – |
-13,560
| Closed | -$1.43M |
|
522
Biodesix
BDSX
$211M
| – | – |
-6,545
| Closed | -$215K |
|
523
BioNTech
BNTX
$23.5B
| – | – |
-149,164
| Closed | -$22.2M |
|
524
Brilliant Earth
BRLT
$17.9M
| – | – |
-43,998
| Closed | -$209K |
|
525
CF Industries
CF
$19.6B
| – | – |
-81,898
| Closed | -$7.02M |
|
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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.