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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
NXPI icon
551
NXP Semiconductors
NXPI
$60.8B
– –
-436,932
Closed -$64.7M
OCUL icon
552
Ocular Therapeutix
OCUL
$1.83B
– –
-45,987
Closed -$185K
PARA
553
DELISTED
Paramount Global Class B
PARA
– –
-41,572
Closed -$1.03M
PCOR icon
554
Procore
PCOR
$7.57B
– –
-133,798
Closed -$6.07M
RHI icon
555
Robert Half
RHI
$4.11B
– –
-216
Closed -$16K
ROKU icon
556
Roku
ROKU
$21.6B
– –
-135,328
Closed -$11.1M
SANA icon
557
Sana Biotechnology
SANA
$882M
– –
-57,506
Closed -$370K
SG icon
558
Sweetgreen
SG
$756M
– –
-74,380
Closed -$867K
SITM icon
559
SiTime
SITM
$13.8B
– –
-39,473
Closed -$6.43M
SNOW icon
560
Snowflake
SNOW
$98.1B
– –
-355,352
Closed -$49.4M
TASK icon
561
TaskUs
TASK
$594M
– –
-1,377,234
Closed -$23.2M
TEAM icon
562
Atlassian
TEAM
$26.5B
– –
-2,449
Closed -$459K
TPR icon
563
Tapestry
TPR
$30.3B
– –
-858
Closed -$26K
TRNO icon
564
Terreno Realty
TRNO
$7.58B
– –
-60,285
Closed -$3.36M
U icon
565
Unity
U
$14B
– –
-292,173
Closed -$10.8M
UTHR icon
566
United Therapeutics
UTHR
$26.1B
– –
-82,844
Closed -$19.5M
VCYT icon
567
Veracyte
VCYT
$4.45B
– –
-12,943
Closed -$258K
WDAY icon
568
Workday
WDAY
$41.5B
– –
-1,910
Closed -$267K
YUMC icon
569
Yum China
YUMC
$15.7B
– –
-204,311
Closed -$9.91M
PYCR
570
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
– –
-18,592
Closed -$483K
TBIO
571
DELISTED
Telesis Bio, Inc. Common Stock
TBIO
– –
-8,503
Closed -$275K
SOVO
572
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
– –
-23,122
Closed -$367K
COUP
573
DELISTED
Coupa Software Incorporated
COUP
– –
-53,817
Closed -$3.07M
ZEN
574
DELISTED
ZENDESK INC
ZEN
– –
-40,449
Closed -$3M
TPTX
575
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
– –
-37,718
Closed -$2.84M
20 21 22
23
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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.