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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 | |
|---|---|---|---|---|---|---|
151
Idexx Laboratories
IDXX
$44.9B
| $42.2M | 0.13% |
77,053
-59,225
| -43% | -$31.2M |
|
152
BioLife Solutions
BLFS
$1.54B
| $42.1M | 0.13% |
1,851,092
+155,997
| +9% | +$4.11M |
|
153
Coherent
COHR
$43.4B
| $41.6M | 0.13% |
+573,865
| New | +$39M |
|
154
Acadia Pharmaceuticals
ACAD
$4.51B
| $41.6M | 0.13% |
1,715,937
-123,916
| -7% | -$3M |
|
155
InMode
INMD
$871M
| $39.1M | 0.12% |
1,058,423
-1,021,638
| -49% | -$45.8M |
|
156
EOG Resources
EOG
$77.7B
| $37.1M | 0.12% |
311,012
-138,144
| -31% | -$15.4M |
|
157
CME Group
CME
$95.4B
| $36.6M | 0.12% |
153,696
+138,013
| +880% | +$32.4M |
|
158
Tenet Healthcare
THC
$22.2B
| $35.5M | 0.11% |
413,009
-240,327
| -37% | -$19.7M |
|
|
LUXE
159
LuxExperience B.V.
LUXE
$1.13B
| $35.3M | 0.11% |
2,887,722
-276,447
| -9% | -$4.19M |
|
160
Magnolia Oil & Gas
MGY
$5.93B
| $35.3M | 0.11% |
1,493,266
+238,785
| +19% | +$5.24M |
|
161
Genius Sports
GENI
$1.95B
| $34.8M | 0.11% |
7,574,748
-5,181,844
| -41% | -$29.8M |
|
|
HZNP
162
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $34.6M | 0.11% |
328,442
-244,064
| -43% | -$23.8M |
|
|
CFLT
163
DELISTED
Confluent
CFLT
| $33.9M | 0.11% |
827,830
-734,865
| -47% | -$38.3M |
|
164
On Holding
ONON
$12.6B
| $33.9M | 0.11% |
+1,341,581
| New | +$35.8M |
|
165
CI&T Inc
CINT
$423M
| $33.4M | 0.11% |
2,082,415
+804,221
| +63% | +$11.8M |
|
166
KLA
KLAC
$222B
| $32.5M | 0.1% |
888,040
+251,090
| +39% | +$9.39M |
|
167
Manhattan Associates
MANH
$12.1B
| $31.7M | 0.1% |
228,569
-71,963
| -24% | -$9.64M |
|
168
LendingTree
TREE
$551M
| $29.8M | 0.1% |
249,270
-7,025
| -3% | -$831K |
|
169
Ranpak Holdings
PACK
$500M
| $26.5M | 0.08% |
1,296,989
-718,251
| -36% | -$18.7M |
|
170
MP Materials
MP
$6.78B
| $26.4M | 0.08% |
461,176
-442,256
| -49% | -$19.5M |
|
|
BCPC
171
Balchem Corp
BCPC
$5.26B
| $25.5M | 0.08% |
186,780
-753
| -0.4% | -$108K |
|
172
Palo Alto Networks
PANW
$256B
| $25.4M | 0.08% |
245,040
+145,974
| +147% | +$13.1M |
|
173
ASML
ASML
$596B
| $25M | 0.08% |
37,501
-26,672
| -42% | -$17.9M |
|
174
10x Genomics
TXG
$5.88B
| $25M | 0.08% |
328,561
+248,537
| +311% | +$21.7M |
|
175
RTX Corp
RTX
$290B
| $24.9M | 0.08% |
251,392
+236,997
| +1,646% | +$22.5M |
|
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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.