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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 | |
|---|---|---|---|---|---|---|
101
Vertex
VERX
$2.14B
| $54.4M | 0.29% |
3,750,112
-91,626
| -2% | -$1.46M |
|
102
Oracle
ORCL
$346B
| $53.8M | 0.29% |
658,110
+634,549
| +2,693% | +$48.2M |
|
103
Evolent Health
EVH
$421M
| $53.1M | 0.29% |
1,889,565
-645,161
| -25% | -$18.5M |
|
104
AppFolio
APPF
$6.31B
| $52.4M | 0.28% |
497,164
+428,479
| +624% | +$47.7M |
|
105
Ameresco
AMRC
$1.04B
| $51.1M | 0.28% |
893,830
-114,165
| -11% | -$6.96M |
|
106
United Therapeutics
UTHR
$26.1B
| $51M | 0.28% |
+183,513
| New | +$46.3M |
|
107
Uber
UBER
$144B
| $50M | 0.27% |
2,023,231
+288,053
| +17% | +$7.88M |
|
|
SBNY
108
DELISTED
Signature Bank
SBNY
| $49.6M | 0.27% |
430,445
-190,429
| -31% | -$26.2M |
|
109
Xometry
XMTR
$4.58B
| $49.1M | 0.27% |
1,521,980
+408,938
| +37% | +$19.1M |
|
110
Transcat
TRNS
$804M
| $48.6M | 0.26% |
685,662
+19,667
| +3% | +$1.5M |
|
111
Q2 Holdings
QTWO
$3.71B
| $48M | 0.26% |
1,785,473
-353,651
| -17% | -$9.89M |
|
112
CryoPort
CYRX
$765M
| $47.2M | 0.26% |
2,719,657
-339,836
| -11% | -$7.16M |
|
113
Antero Resources
AR
$10.5B
| $47.2M | 0.26% |
1,522,201
-271,840
| -15% | -$9.39M |
|
|
NVRO
114
DELISTED
NEVRO CORP.
NVRO
| $46.9M | 0.25% |
1,184,000
+250,805
| +27% | +$10.4M |
|
115
Impinj
PI
$4.05B
| $46.4M | 0.25% |
424,683
-197,299
| -32% | -$20.8M |
|
116
Agilysys
AGYS
$3.12B
| $44.6M | 0.24% |
+563,943
| New | +$36M |
|
117
Booking.com
BKNG
$154B
| $43.7M | 0.24% |
541,825
+541,600
| +240,711% | +$41.1M |
|
|
AGTI
118
DELISTED
Agiliti Inc
AGTI
| $43.6M | 0.24% |
2,673,992
+401,754
| +18% | +$6.64M |
|
|
SMAR
119
DELISTED
Smartsheet Inc.
SMAR
| $43.4M | 0.24% |
1,103,574
-119,606
| -10% | -$4.08M |
|
120
Seacoast Banking Corp of Florida
SBCF
$3.27B
| $43.3M | 0.23% |
1,387,530
-247,188
| -15% | -$7.86M |
|
121
Capri Holdings
CPRI
$1.88B
| $43.1M | 0.23% |
752,124
-309,544
| -29% | -$15.6M |
|
122
Deere & Co
DE
$173B
| $42.9M | 0.23% |
100,043
+8,345
| +9% | +$3.39M |
|
123
Herc Holdings
HRI
$4.95B
| $42.6M | 0.23% |
323,902
-102,890
| -24% | -$12.6M |
|
|
INVX
124
Innovex International
INVX
$1.79B
| $42.5M | 0.23% |
1,564,777
-301,412
| -16% | -$7.18M |
|
125
Devon Energy
DVN
$49.2B
| $42.1M | 0.23% |
685,220
+129,834
| +23% | +$8.85M |
|
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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.