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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 | |
|---|---|---|---|---|---|---|
76
Popular Inc
BPOP
$11.1B
| $73.3M | 0.37% |
1,017,556
-223,327
| -18% | -$17.4M |
|
77
ServiceNow
NOW
$114B
| $70.8M | 0.36% |
937,730
-450,770
| -32% | -$40.6M |
|
|
CHX
78
DELISTED
ChampionX
CHX
| $69.8M | 0.35% |
3,567,833
-1,650,832
| -32% | -$34M |
|
79
Edwards Lifesciences
EW
$48.2B
| $69.4M | 0.35% |
839,880
-614,422
| -42% | -$59.1M |
|
80
Q2 Holdings
QTWO
$3.71B
| $68.9M | 0.35% |
2,139,124
+11,696
| +0.5% | +$477K |
|
81
Hamilton Lane
HLNE
$3.91B
| $68.5M | 0.35% |
1,149,164
-473,461
| -29% | -$33.5M |
|
82
AstraZeneca
AZN
$267B
| $67.8M | 0.34% |
618,296
-607,369
| -50% | -$77.1M |
|
|
AXNX
83
DELISTED
Axonics, Inc. Common Stock
AXNX
| $67.8M | 0.34% |
+962,163
| New | +$66.4M |
|
84
Chegg
CHGG
$121M
| $67.3M | 0.34% |
3,193,231
-848,997
| -21% | -$17.6M |
|
85
Ameresco
AMRC
$1.04B
| $67M | 0.34% |
1,007,995
-386,150
| -28% | -$23.7M |
|
86
Las Vegas Sands
LVS
$32B
| $66.8M | 0.34% |
1,780,100
+1,558,486
| +703% | +$58.1M |
|
87
Viper Energy
VNOM
$8.21B
| $66.7M | 0.34% |
2,328,970
-110,739
| -5% | -$3.23M |
|
88
Humana
HUM
$46.7B
| $66.4M | 0.34% |
136,778
+130,695
| +2,149% | +$63.6M |
|
89
Monolithic Power Systems
MPWR
$63B
| $65.9M | 0.33% |
181,281
-534
| -0.3% | -$238K |
|
90
Generac Holdings
GNRC
$11.5B
| $65.9M | 0.33% |
369,669
-121,372
| -25% | -$27.8M |
|
|
SGFY
91
DELISTED
Signify Health, Inc.
SGFY
| $64.7M | 0.33% |
2,221,204
+1,959,166
| +748% | +$45.1M |
|
92
Xometry
XMTR
$4.58B
| $63.2M | 0.32% |
1,113,042
+993,650
| +832% | +$46.4M |
|
93
Domino's
DPZ
$11.6B
| $61.4M | 0.31% |
198,020
+116,100
| +142% | +$44.1M |
|
|
RXDX
94
DELISTED
Prometheus Biosciences, Inc. Common Stock
RXDX
| $61.1M | 0.31% |
1,036,165
+792,620
| +325% | +$36.3M |
|
95
Walt Disney
DIS
$172B
| $59.9M | 0.3% |
635,517
+618,144
| +3,558% | +$66.2M |
|
|
EVBG
96
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $59.9M | 0.3% |
1,940,643
+590,504
| +44% | +$19.4M |
|
97
908 Devices
MASS
$288M
| $56.9M | 0.29% |
3,459,103
+2,388,844
| +223% | +$46.4M |
|
98
Paylocity
PCTY
$7.43B
| $56.7M | 0.29% |
234,835
-162,664
| -41% | -$37.4M |
|
99
Core Laboratories
CLB
$493M
| $55.1M | 0.28% |
4,089,324
+64,734
| +2% | +$1.09M |
|
100
Antero Resources
AR
$10.5B
| $54.8M | 0.28% |
1,794,041
+1,314,506
| +274% | +$48.5M |
|
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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.