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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
-7.7%
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
$31.3B
AUM Growth
-$8.62B
(-22%)
Cap. Flow
-$3.66B
Cap. Flow
% of AUM
-11.69%
Top 10 Holdings %
Top 10 Hldgs %
30.33%
Holding
574
New
67
Increased
165
Reduced
236
Closed
83
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$255M |
| 2 |
Visa
V
|
+$248M |
| 3 |
Intuit
INTU
|
+$235M |
| 4 |
Alibaba
BABA
|
+$229M |
| 5 |
Advanced Micro Devices
AMD
|
+$163M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Qualcomm
QCOM
|
+$381M |
| 2 |
Adobe
ADBE
|
+$304M |
| 3 |
Applied Materials
AMAT
|
+$250M |
| 4 |
Amazon
AMZN
|
+$207M |
| 5 |
Micron Technology
MU
|
+$184M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.83% |
| 2 | Healthcare | 18.53% |
| 3 | Consumer Discretionary | 14.86% |
| 4 | Industrials | 11.27% |
| 5 | Financials | 6.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
CareDx
CDNA
$1.84B
| $129M | 0.41% |
3,494,482
+223,509
| +7% | +$8.71M |
|
77
Baker Hughes
BKR
$59.5B
| $129M | 0.41% |
+3,536,776
| New | +$107M |
|
78
Ameresco
AMRC
$994M
| $129M | 0.41% |
1,619,573
+325,933
| +25% | +$20.6M |
|
79
Neogen
NEOG
$2.01B
| $129M | 0.41% |
4,170,674
-303,714
| -7% | -$10.9M |
|
80
Datadog
DDOG
$96B
| $128M | 0.41% |
842,317
+113,120
| +16% | +$16.5M |
|
|
SWAV
81
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $127M | 0.41% |
612,105
-330,558
| -35% | -$54.5M |
|
|
82
Micron Technology
MU
$864B
| $127M | 0.41% |
1,628,495
-2,162,755
| -57% | -$184M |
|
83
CryoPort
CYRX
$759M
| $126M | 0.4% |
3,612,180
-1,160,003
| -24% | -$43.9M |
|
84
HealthEquity
HQY
$8.72B
| $123M | 0.39% |
1,829,673
-397,634
| -18% | -$21.5M |
|
85
Salesforce
CRM
$155B
| $123M | 0.39% |
579,201
-418,343
| -42% | -$90M |
|
86
MongoDB
MDB
$26.3B
| $122M | 0.39% |
274,771
+168,279
| +158% | +$65.8M |
|
87
Cognex
CGNX
$9.66B
| $121M | 0.39% |
1,570,652
-1,253,246
| -44% | -$85.8M |
|
88
Wingstop
WING
$3.79B
| $120M | 0.38% |
1,026,729
-545,417
| -35% | -$77.3M |
|
89
HEICO Corp
HEI
$50.4B
| $120M | 0.38% |
783,407
+200,864
| +34% | +$29.2M |
|
90
Ametek
AME
$54.2B
| $119M | 0.38% |
892,360
-463,024
| -34% | -$62.2M |
|
|
AVLR
91
DELISTED
Avalara, Inc.
AVLR
| $118M | 0.38% |
1,190,214
-629,887
| -35% | -$63.8M |
|
92
Netflix
NFLX
$306B
| $118M | 0.38% |
3,161,400
-741,620
| -19% | -$30.9M |
|
93
PayPal
PYPL
$51.1B
| $117M | 0.37% |
1,014,031
-1,203,229
| -54% | -$160M |
|
94
Vertex Pharmaceuticals
VRTX
$124B
| $113M | 0.36% |
432,454
+42,908
| +11% | +$10.2M |
|
95
NextEra Energy
NEE
$185B
| $111M | 0.35% |
1,310,571
+812,585
| +163% | +$65.1M |
|
96
Saia
SAIA
$10.4B
| $111M | 0.35% |
455,155
-69,216
| -13% | -$19.2M |
|
97
Q2 Holdings
QTWO
$3.84B
| $110M | 0.35% |
1,790,025
+7,786
| +0.4% | +$499K |
|
|
NSTG
98
DELISTED
NanoString Technologies, Inc.
NSTG
| $108M | 0.35% |
3,107,333
+25,673
| +0.8% | +$884K |
|
99
Unity
U
$14.1B
| $106M | 0.34% |
1,065,335
-599,324
| -36% | -$62.1M |
|
100
Vericel Corp
VCEL
$2.37B
| $105M | 0.34% |
2,756,776
-446,586
| -14% | -$16.1M |
|
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Fred Alger Management's Q1 2022 Portfolio in Review
As of Q1 2022, Fred Alger Management held 574 positions worth $31.3B, down 22% from $39.9B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Fred Alger Management withdrew a net $3.66B in Q1 2022, closing 83 positions and reducing 236 holdings. Its most notable exit was Coinbase, an estimated $173M position sold in full.
By sector, the portfolio is most concentrated in Technology at 36% of assets, down from 38% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Alibaba worth $216M.
- Fred Alger Management's largest Q1 2022 buy was Alibaba: 1,989,523 shares worth $216M.
- Fred Alger Management added most to Pioneer Natural Resource Co. in Q1 2022, an estimated $255M increase.
- Fred Alger Management's biggest Q1 2022 reduction was Qualcomm, cutting an estimated $381M.
- Fred Alger Management fully exited Coinbase in Q1 2022, selling an estimated $173M.
- Fred Alger Management's ten largest holdings make up 30% of its $31.3B portfolio in Q1 2022.
- Fred Alger Management opened 67 new positions and closed 83 in Q1 2022.
- Fred Alger Management's portfolio value fell 22% quarter-over-quarter to $31.3B.
Based on Fred Alger Management's 13F filing for Q1 2022, filed 16 May 2022.