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
+18.44%
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
$18.7B
AUM Growth
+$249M
(+1.3%)
Cap. Flow
-$1.94B
Cap. Flow
% of AUM
-10.36%
Top 10 Holdings %
Top 10 Hldgs %
31.1%
Holding
586
New
70
Increased
194
Reduced
228
Closed
71
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Martin Marietta Materials
MLM
|
+$182M |
| 2 |
Apple
AAPL
|
+$149M |
| 3 |
Meta Platforms (Facebook)
META
|
+$137M |
| 4 |
Visa
V
|
+$115M |
| 5 |
GFL Environmental
GFL
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NextEra Energy
NEE
|
+$166M |
| 2 |
Eli Lilly
LLY
|
+$156M |
| 3 |
McKesson
MCK
|
+$154M |
| 4 |
Live Nation Entertainment
LYV
|
+$144M |
| 5 |
Microsoft
MSFT
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.63% |
| 2 | Healthcare | 20.74% |
| 3 | Consumer Discretionary | 12.81% |
| 4 | Industrials | 10.52% |
| 5 | Communication Services | 6.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Neurocrine Biosciences
NBIX
$18.7B
| $17.8K | ﹤0.01% |
176
-206,521
| -100% | -$21.5M |
|
502
RPM International
RPM
$13.8B
| $17.7K | ﹤0.01% |
+203
| New | +$17.8K |
|
503
Molina Healthcare
MOH
$10.2B
| $15K | ﹤0.01% |
56
| – | – |
|
|
SCHW
504
Charles Schwab
SCHW
$181B
| $13.5K | ﹤0.01% |
258
+2
| +0.8% | +$146 |
|
|
SBNY
505
DELISTED
Signature Bank
SBNY
| $11K | ﹤0.01% |
59,896
-370,549
| -86% | -$44.6M |
|
|
NVO
506
Novo Nordisk
NVO
$228B
| $2.23K | ﹤0.01% |
+28
| New | +$1.99K |
|
507
Grupo Aeroportuario Centro Norte
OMAB
$5.22B
| $1.97K | ﹤0.01% |
+22
| New | +$1.7K |
|
508
Alcon
ALC
$33.9B
| $1.34K | ﹤0.01% |
+19
| New | +$1.35K |
|
509
NeoGenomics
NEO
$2.04B
| $958 | ﹤0.01% |
55
-752,150
| -100% | -$10.7M |
|
510
Cognex
CGNX
$10.4B
| $496 | ﹤0.01% |
10
-179,317
| -100% | -$9.07M |
|
511
CareDx
CDNA
$1.97B
| $320 | ﹤0.01% |
35
-503,651
| -100% | -$6.44M |
|
512
Upwork
UPWK
$1.14B
| $204 | ﹤0.01% |
18
-255,000
| -100% | -$3.04M |
|
|
FTCH
513
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $83 | ﹤0.01% |
17
-1,019,820
| -100% | -$5.53M |
|
514
Arhaus
ARHS
$1.04B
| $66 | ﹤0.01% |
8
-94,333
| -100% | -$1.14M |
|
515
The RealReal
REAL
$1.44B
| $48 | ﹤0.01% |
38
-532,943
| -100% | -$774K |
|
516
Constellation Energy
CEG
$94.1B
| – | – |
-440,704
| Closed | -$35.6M |
|
517
Applied Materials
AMAT
$398B
| – | – |
-13,265
| Closed | -$1.29M |
|
518
Ametek
AME
$55B
| – | – |
-156,488
| Closed | -$21.9M |
|
519
Amylyx Pharmaceuticals
AMLX
$2.31B
| – | – |
-10,092
| Closed | -$373K |
|
520
AnaptysBio
ANAB
$1.63B
| – | – |
-6,177
| Closed | -$191K |
|
521
Aon
AON
$78.3B
| – | – |
-67
| Closed | -$20.1K |
|
522
Antero Resources
AR
$10.9B
| – | – |
-1,522,201
| Closed | -$47.2M |
|
523
Arrow Electronics
ARW
$10.9B
| – | – |
-198
| Closed | -$20.7K |
|
524
Ascendis Pharma A/S
ASND
$16.5B
| – | – |
-14,556
| Closed | -$1.78M |
|
525
BioAtla
BCAB
$5.61M
| – | – |
-701
| Closed | -$289K |
|
Similar funds
CAM
BA
AM
SAM
CHP
Fred Alger Management's Q1 2023 Portfolio in Review
As of Q1 2023, Fred Alger Management held 586 positions worth $18.7B, up 1.3% from $18.4B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fred Alger Management withdrew a net $1.94B in Q1 2023, closing 71 positions and reducing 228 holdings. Its most notable exit was Coupa Software Incorporated, an estimated $99.8M position sold in full.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 30% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Martin Marietta Materials worth $184M.
- Fred Alger Management's largest Q1 2023 buy was Martin Marietta Materials: 519,569 shares worth $184M.
- Fred Alger Management added most to Apple in Q1 2023, an estimated $149M increase.
- Fred Alger Management's biggest Q1 2023 reduction was NextEra Energy, cutting an estimated $166M.
- Fred Alger Management fully exited Coupa Software Incorporated in Q1 2023, selling an estimated $99.8M.
- Fred Alger Management's ten largest holdings make up 31% of its $18.7B portfolio in Q1 2023.
- Fred Alger Management opened 70 new positions and closed 71 in Q1 2023.
- Fred Alger Management's portfolio value rose 1.3% quarter-over-quarter to $18.7B.
Based on Fred Alger Management's 13F filing for Q1 2023, filed 15 May 2023.