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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 | |
|---|---|---|---|---|---|---|
126
Freshpet
FRPT
$3.07B
| $42.1M | 0.23% |
797,633
+50,942
| +7% | +$3.03M |
|
127
Vaxcyte
PCVX
$7.72B
| $42.1M | 0.23% |
+877,293
| New | +$34.4M |
|
128
Axos Financial
AX
$5.65B
| $41.9M | 0.23% |
1,095,455
-78,717
| -7% | -$3M |
|
129
Starbucks
SBUX
$119B
| $40.6M | 0.22% |
409,703
+145,776
| +55% | +$13.8M |
|
130
lululemon athletica
LULU
$13.7B
| $40.3M | 0.22% |
125,809
+52,379
| +71% | +$17.2M |
|
131
CoStar Group
CSGP
$12.3B
| $38.7M | 0.21% |
501,232
+101,635
| +25% | +$7.94M |
|
132
Pinduoduo
PDD
$128B
| $38.4M | 0.21% |
470,494
+236,332
| +101% | +$16.5M |
|
133
Tenable Holdings
TENB
$3.57B
| $38.1M | 0.21% |
998,142
-371,452
| -27% | -$13.6M |
|
134
Constellation Energy
CEG
$92.8B
| $38M | 0.21% |
440,704
+201,454
| +84% | +$18.1M |
|
135
Sherwin-Williams
SHW
$84.8B
| $37.8M | 0.2% |
159,065
+71,218
| +81% | +$16.5M |
|
|
WCN
136
Waste Connections
WCN
$43.7B
| $36.8M | 0.2% |
277,574
+591
| +0.2% | +$80.4K |
|
137
Moderna
MRNA
$22B
| $36.7M | 0.2% |
+204,553
| New | +$33.4M |
|
138
BioLife Solutions
BLFS
$1.54B
| $36M | 0.2% |
1,977,919
-185,557
| -9% | -$3.83M |
|
139
Magnolia Oil & Gas
MGY
$5.89B
| $34.4M | 0.19% |
1,465,474
+1,523
| +0.1% | +$37.1K |
|
|
HSKA
140
DELISTED
Heska Corp
HSKA
| $33.4M | 0.18% |
537,105
-52,190
| -9% | -$3.52M |
|
|
MODN
141
DELISTED
MODEL N, INC.
MODN
| $31.8M | 0.17% |
+783,987
| New | +$29.5M |
|
142
Manhattan Associates
MANH
$12.2B
| $30.5M | 0.17% |
251,448
-2,084
| -0.8% | -$256K |
|
|
AXON
143
Axon Enterprise
AXON
$44.4B
| $30.4M | 0.16% |
+183,006
| New | +$28.9M |
|
144
Cheesecake Factory
CAKE
$5.06B
| $30.1M | 0.16% |
948,298
-572,701
| -38% | -$19.1M |
|
145
SBA Communications
SBAC
$18.9B
| $29.3M | 0.16% |
104,680
-59,674
| -36% | -$16.6M |
|
146
TSMC
TSM
$2.01T
| $27.4M | 0.15% |
368,442
+333,479
| +954% | +$24.1M |
|
147
Paylocity
PCTY
$7.78B
| $27.1M | 0.15% |
139,614
-95,221
| -41% | -$20.4M |
|
148
BJs Wholesale Club
BJ
$12.7B
| $25.9M | 0.14% |
391,000
-144,670
| -27% | -$10.5M |
|
149
DexCom
DXCM
$29.3B
| $25.6M | 0.14% |
225,717
+166,596
| +282% | +$18.3M |
|
150
Crown Castle
CCI
$33.3B
| $25.3M | 0.14% |
186,285
-169,987
| -48% | -$23M |
|
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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.