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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
Cap. Flow
-$1.51B
Cap. Flow %
-8.21%
Top 10 Hldgs %
26.32%
Holding
585
New
66
Increased
220
Reduced
190
Closed
69

Top Buys

Rank Stock Value
1
SNOW icon
Snowflake
SNOW
+$127M
2
NVDA icon
NVIDIA
NVDA
+$124M
3
MRVL icon
Marvell Technology
MRVL
+$93.5M
4
COUP
Coupa Software Incorporated
COUP
+$75.4M
5
PYPL icon
PayPal
PYPL
+$70.2M

Top Sells

Rank Stock Value
1
MGM icon
MGM Resorts International
MGM
+$171M
2
TSLA icon
Tesla
TSLA
+$149M
3
AAPL icon
Apple
AAPL
+$137M
4
AMZN icon
Amazon
AMZN
+$134M
5
BABA icon
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
CRSP icon
526
CRISPR Therapeutics
CRSP
$4.69B
– –
-4,573
Closed -$299K
CSL icon
527
Carlisle Companies
CSL
$13.5B
– –
-181
Closed -$51K
DRTS icon
528
Alpha Tau Medical
DRTS
$1.01B
– –
-22,481
Closed -$131K
EG icon
529
Everest Group
EG
$15.6B
– –
-73
Closed -$19K
EHAB
530
DELISTED
Enhabit
EHAB
– –
-159
Closed -$2K
EHC icon
531
Encompass Health
EHC
$11.3B
– –
-319
Closed -$14K
EXR icon
532
Extra Space Storage
EXR
$32.3B
– –
-107
Closed -$18K
FIVN icon
533
FIVE9
FIVN
$2.08B
– –
-6,408
Closed -$480K
FMC icon
534
FMC
FMC
$1.25B
– –
-516
Closed -$55K
GM icon
535
General Motors
GM
$80.9B
– –
-196,490
Closed -$6.3M
GMED icon
536
Globus Medical
GMED
$11.1B
– –
-314
Closed -$19K
GO icon
537
Grocery Outlet
GO
$904M
– –
-960,715
Closed -$32M
GXO icon
538
GXO Logistics
GXO
$5.93B
– –
-98,583
Closed -$3.46M
HSY icon
539
Hershey
HSY
$37.3B
– –
-306
Closed -$67K
INCY icon
540
Incyte
INCY
$25.8B
– –
-276
Closed -$18K
ITW icon
541
Illinois Tool Works
ITW
$84.1B
– –
-102
Closed -$18K
JAZZ icon
542
Jazz Pharmaceuticals
JAZZ
$16.1B
– –
-17,746
Closed -$2.37M
JBHT icon
543
JB Hunt Transport Services
JBHT
$25.9B
– –
-126
Closed -$20K
LMT icon
544
Lockheed Martin
LMT
$131B
– –
-132,391
Closed -$51.1M
LOW icon
545
Lowe's Companies
LOW
$121B
– –
-229
Closed -$43K
LYB icon
546
LyondellBasell Industries
LYB
$19.5B
– –
-183
Closed -$14K
MAR icon
547
Marriott International
MAR
$100B
– –
-266
Closed -$37K
MIST icon
548
Milestone Pharmaceuticals
MIST
$129M
– –
-26,672
Closed -$245K
MRSH
549
Marsh
MRSH
$94.3B
– –
-406
Closed -$61K
MPWR icon
550
Monolithic Power Systems
MPWR
$61.4B
– –
-181,281
Closed -$65.9M
20 21
22
23 24

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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.