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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
+2.95%
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
$19.7B
AUM Growth
-$1.68B
(-7.8%)
Cap. Flow
-$1.56B
Cap. Flow
% of AUM
-7.93%
Top 10 Holdings %
Top 10 Hldgs %
29.74%
Holding
577
New
77
Increased
189
Reduced
196
Closed
58
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Marvell Technology
MRVL
|
+$164M |
| 2 |
Centene
CNC
|
+$162M |
| 3 |
Eli Lilly
LLY
|
+$143M |
| 4 |
Netflix
NFLX
|
+$139M |
| 5 |
Amazon
AMZN
|
+$115M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$177M |
| 2 |
Intuit
INTU
|
+$176M |
| 3 |
Applied Materials
AMAT
|
+$166M |
| 4 |
Advanced Micro Devices
AMD
|
+$115M |
| 5 |
CrowdStrike
CRWD
|
+$110M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.33% |
| 2 | Healthcare | 24.22% |
| 3 | Consumer Discretionary | 14.38% |
| 4 | Industrials | 10.17% |
| 5 | Communication Services | 7.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
CoStar Group
CSGP
$12.4B
| $27.8M | 0.14% |
399,597
+314,496
| +370% | +$21.8M |
|
152
Ametek
AME
$55.3B
| $27.7M | 0.14% |
243,854
-453,164
| -65% | -$54.3M |
|
153
Inogen
INGN
$174M
| $26.3M | 0.13% |
1,084,244
+553,626
| +104% | +$15.3M |
|
154
Kura Sushi USA
KRUS
$583M
| $26.1M | 0.13% |
+354,445
| New | +$27.3M |
|
155
Acadia Pharmaceuticals
ACAD
$4.45B
| $25.1M | 0.13% |
1,536,834
-84,934
| -5% | -$1.38M |
|
156
BILL Holdings
BILL
$4.62B
| $24.1M | 0.12% |
182,284
-294,982
| -62% | -$42.4M |
|
157
Ollie's Bargain Outlet
OLLI
$4.17B
| $23.5M | 0.12% |
454,815
+19,189
| +4% | +$1.19M |
|
158
Starbucks
SBUX
$118B
| $22.2M | 0.11% |
263,927
-93,832
| -26% | -$7.97M |
|
159
Zebra Technologies
ZBRA
$13.5B
| $22M | 0.11% |
83,791
+15,642
| +23% | +$4.84M |
|
|
BCPC
160
Balchem Corp
BCPC
$5.33B
| $21.5M | 0.11% |
176,580
+42
| +0% | +$5.47K |
|
161
Cameco
CCJ
$37.9B
| $21.3M | 0.11% |
+805,206
| New | +$20.6M |
|
162
CME Group
CME
$93.5B
| $21.1M | 0.11% |
119,134
-167,057
| -58% | -$33M |
|
163
US Physical Therapy
USPH
$1.2B
| $20.7M | 0.1% |
271,899
-123,111
| -31% | -$11.8M |
|
164
SLB Ltd
SLB
$74.2B
| $20.6M | 0.1% |
575,143
-399,249
| -41% | -$14.5M |
|
165
lululemon athletica
LULU
$13.7B
| $20.5M | 0.1% |
73,430
-102,627
| -58% | -$31.8M |
|
166
Constellation Energy
CEG
$92.8B
| $19.9M | 0.1% |
239,250
-23,427
| -9% | -$1.73M |
|
|
AZPN
167
DELISTED
Aspen Technology Inc
AZPN
| $19.8M | 0.1% |
+83,329
| New | +$17.3M |
|
168
Salesforce
CRM
$149B
| $19.8M | 0.1% |
137,699
-184,717
| -57% | -$31.3M |
|
|
AVLR
169
DELISTED
Avalara, Inc.
AVLR
| $19M | 0.1% |
207,107
-1,017,992
| -83% | -$91.2M |
|
|
LUXE
170
LuxExperience B.V.
LUXE
$1.16B
| $19M | 0.1% |
1,649,470
-841,037
| -34% | -$10.8M |
|
171
American Express
AXP
$227B
| $19M | 0.1% |
140,660
-143,709
| -51% | -$21.8M |
|
172
KLA
KLAC
$249B
| $18.7M | 0.09% |
617,010
-64,540
| -9% | -$2.24M |
|
173
MongoDB
MDB
$25B
| $18.6M | 0.09% |
93,580
-130,949
| -58% | -$38.2M |
|
174
Transmedics
TMDX
$2.64B
| $18.2M | 0.09% |
+435,848
| New | +$19M |
|
175
Sherwin-Williams
SHW
$87.4B
| $18M | 0.09% |
87,847
+87,688
| +55,150% | +$20.8M |
|
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Fred Alger Management's Q3 2022 Portfolio in Review
As of Q3 2022, Fred Alger Management held 577 positions worth $19.7B, down 7.8% from $21.4B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Fred Alger Management withdrew a net $1.56B in Q3 2022, closing 58 positions and reducing 196 holdings. Its most notable exit was NXP Semiconductors, an estimated $64.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 33% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Marvell Technology worth $142M.
- Fred Alger Management's largest Q3 2022 buy was Marvell Technology: 3,318,860 shares worth $142M.
- Fred Alger Management added most to Centene in Q3 2022, an estimated $162M increase.
- Fred Alger Management's biggest Q3 2022 reduction was Visa, cutting an estimated $177M.
- Fred Alger Management fully exited NXP Semiconductors in Q3 2022, selling an estimated $64.7M.
- Fred Alger Management's ten largest holdings make up 30% of its $19.7B portfolio in Q3 2022.
- Fred Alger Management opened 77 new positions and closed 58 in Q3 2022.
- Fred Alger Management's portfolio value fell 7.8% quarter-over-quarter to $19.7B.
Based on Fred Alger Management's 13F filing for Q3 2022, filed 15 Nov 2022.