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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 | |
|---|---|---|---|---|---|---|
101
Popular Inc
BPOP
$11.1B
| $105M | 0.34% |
+1,284,429
| New | +$113M |
|
|
CTLT
102
DELISTED
CATALENT, INC.
CTLT
| $103M | 0.33% |
926,260
-393,931
| -30% | -$41.1M |
|
|
SMAR
103
DELISTED
Smartsheet Inc.
SMAR
| $100M | 0.32% |
1,832,030
-1,461,281
| -44% | -$83.5M |
|
104
AstraZeneca
AZN
$270B
| $99.4M | 0.32% |
749,121
+737,396
| +6,289% | +$88.4M |
|
105
Snap
SNAP
$8.09B
| $97.6M | 0.31% |
2,711,908
+543,444
| +25% | +$19.7M |
|
106
Novanta
NOVT
$4.95B
| $97.5M | 0.31% |
685,528
+106,318
| +18% | +$15.1M |
|
107
Mercado Libre
MELI
$95.4B
| $95.5M | 0.31% |
80,295
+37,785
| +89% | +$41.1M |
|
108
Paylocity
PCTY
$7.9B
| $95.5M | 0.31% |
464,027
-58,908
| -11% | -$11.9M |
|
109
Snowflake
SNOW
$100B
| $93M | 0.3% |
405,688
+366,680
| +940% | +$94.8M |
|
110
Mercury Systems
MRCY
$5.63B
| $91M | 0.29% |
1,412,366
+1,246,366
| +751% | +$74M |
|
111
Viper Energy
VNOM
$8.41B
| $89.1M | 0.28% |
+3,012,510
| New | +$83.3M |
|
112
Deere & Co
DE
$167B
| $88.6M | 0.28% |
+213,283
| New | +$81.7M |
|
113
Albemarle
ALB
$13.5B
| $86.7M | 0.28% |
+392,104
| New | +$82.8M |
|
114
Evolent Health
EVH
$385M
| $81.7M | 0.26% |
2,528,872
+75,282
| +3% | +$1.97M |
|
115
TaskUs
TASK
$595M
| $80.4M | 0.26% |
2,090,803
+412,591
| +25% | +$14.5M |
|
116
Freshpet
FRPT
$3.06B
| $80.3M | 0.26% |
782,050
-55,644
| -7% | -$5.24M |
|
|
CWAN
117
DELISTED
Clearwater Analytics
CWAN
| $80.2M | 0.26% |
+3,816,918
| New | +$71.4M |
|
118
Latham Group
SWIM
$660M
| $80M | 0.26% |
6,040,424
+2,426,148
| +67% | +$40.3M |
|
119
Twilio
TWLO
$29B
| $79.5M | 0.25% |
482,186
-215,742
| -31% | -$39.3M |
|
120
Chipotle Mexican Grill
CMG
$44.2B
| $77M | 0.25% |
2,434,000
-2,344,350
| -49% | -$70.6M |
|
|
XYZ
121
Block Inc
XYZ
$49.4B
| $76.1M | 0.24% |
560,851
-481,957
| -46% | -$58.4M |
|
122
General Motors
GM
$82.2B
| $73.8M | 0.24% |
1,687,485
-1,981,804
| -54% | -$98.9M |
|
123
Diamondback Energy
FANG
$55.8B
| $73.5M | 0.23% |
535,977
+34,270
| +7% | +$4.46M |
|
124
Textron
TXT
$15.2B
| $72.8M | 0.23% |
978,595
+560,708
| +134% | +$40.5M |
|
125
Freeport-McMoran
FCX
$87B
| $68.4M | 0.22% |
1,374,775
+1,350,775
| +5,628% | +$59.8M |
|
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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.