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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
(-6.5%)
Cap. Flow
-$1.51B
Cap. Flow
% of AUM
-8.21%
Top 10 Holdings %
Top 10 Hldgs %
26.32%
Holding
585
New
66
Increased
220
Reduced
190
Closed
69
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Snowflake
SNOW
|
+$127M |
| 2 |
NVIDIA
NVDA
|
+$124M |
| 3 |
Marvell Technology
MRVL
|
+$93.5M |
| 4 |
COUP
Coupa Software Incorporated
COUP
|
+$75.4M |
| 5 |
PayPal
PYPL
|
+$70.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MGM Resorts International
MGM
|
+$171M |
| 2 |
Tesla
TSLA
|
+$149M |
| 3 |
Apple
AAPL
|
+$137M |
| 4 |
Amazon
AMZN
|
+$134M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
|
CHX
76
DELISTED
ChampionX
CHX
| $77.2M | 0.42% |
2,662,129
-905,704
| -25% | -$25M |
|
77
AstraZeneca
AZN
$267B
| $76.9M | 0.42% |
567,276
-51,020
| -8% | -$6.4M |
|
78
Walt Disney
DIS
$172B
| $76.5M | 0.41% |
880,643
+245,126
| +39% | +$23.4M |
|
79
Progyny
PGNY
$2.41B
| $73.9M | 0.4% |
2,372,711
+1,365,792
| +136% | +$49.4M |
|
80
ServiceNow
NOW
$114B
| $70.4M | 0.38% |
906,470
-31,260
| -3% | -$2.44M |
|
81
Repligen
RGEN
$8.2B
| $70.3M | 0.38% |
415,229
-77,067
| -16% | -$14M |
|
82
StepStone Group
STEP
$3.65B
| $69.7M | 0.38% |
2,768,806
-231,150
| -8% | -$6.46M |
|
83
Old Dominion Freight Line
ODFL
$47.1B
| $69.1M | 0.37% |
486,834
+152,700
| +46% | +$21.7M |
|
84
Diamondback Energy
FANG
$53.5B
| $67.9M | 0.37% |
496,675
+129,854
| +35% | +$19M |
|
85
Hamilton Lane
HLNE
$3.91B
| $67.1M | 0.36% |
1,049,823
-99,341
| -9% | -$6.61M |
|
|
PDCE
86
DELISTED
PDC Energy, Inc.
PDCE
| $66.7M | 0.36% |
1,050,653
-231,624
| -18% | -$16.2M |
|
87
Sprout Social
SPT
$522M
| $66.4M | 0.36% |
1,176,739
-251,705
| -18% | -$14.8M |
|
88
Viper Energy
VNOM
$8.21B
| $64.7M | 0.35% |
2,036,163
-292,807
| -13% | -$9.45M |
|
89
TJX Companies
TJX
$178B
| $63.1M | 0.34% |
+792,688
| New | +$58.5M |
|
90
Bruker
BRKR
$9.58B
| $61.4M | 0.33% |
898,758
-114,817
| -11% | -$7.29M |
|
91
Liberty Media Series C
FWONK
$25.4B
| $60.9M | 0.33% |
1,053,834
+561,279
| +114% | +$32.1M |
|
92
Novanta
NOVT
$5.04B
| $58.2M | 0.32% |
428,451
+86,273
| +25% | +$12.1M |
|
93
Glaukos
GKOS
$8.89B
| $58M | 0.31% |
1,326,759
-75,351
| -5% | -$3.72M |
|
|
AXNX
94
DELISTED
Axonics, Inc. Common Stock
AXNX
| $57.8M | 0.31% |
923,608
-38,555
| -4% | -$2.56M |
|
95
Costco
COST
$429B
| $57.6M | 0.31% |
126,172
-188,512
| -60% | -$92.1M |
|
|
RETA
96
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $57.3M | 0.31% |
1,509,404
+897,481
| +147% | +$30.9M |
|
97
Mercury Systems
MRCY
$5.97B
| $57.3M | 0.31% |
1,281,324
-56,009
| -4% | -$2.65M |
|
98
Adobe
ADBE
$99B
| $56.9M | 0.31% |
168,964
+111,617
| +195% | +$35.7M |
|
|
EVBG
99
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $56.2M | 0.3% |
1,898,518
-42,125
| -2% | -$1.29M |
|
100
Boston Scientific
BSX
$68.5B
| $54.9M | 0.3% |
+1,186,386
| New | +$51.4M |
|
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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.