We are live on
!
Find out more
FAM
Fred Alger Management Portfolio holdings
AUM
$22.8B
1-Year Est. Return
64.63%
This Fund
S&P 500
This Quarter
Est. Return
+18.44%
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
$18.7B
AUM Growth
+$249M
(+1.3%)
Cap. Flow
-$1.94B
Cap. Flow
% of AUM
-10.36%
Top 10 Holdings %
Top 10 Hldgs %
31.1%
Holding
586
New
70
Increased
194
Reduced
228
Closed
71
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Martin Marietta Materials
MLM
|
+$182M |
| 2 |
Apple
AAPL
|
+$149M |
| 3 |
Meta Platforms (Facebook)
META
|
+$137M |
| 4 |
Visa
V
|
+$115M |
| 5 |
GFL Environmental
GFL
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NextEra Energy
NEE
|
+$166M |
| 2 |
Eli Lilly
LLY
|
+$156M |
| 3 |
McKesson
MCK
|
+$154M |
| 4 |
Live Nation Entertainment
LYV
|
+$144M |
| 5 |
Microsoft
MSFT
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.63% |
| 2 | Healthcare | 20.74% |
| 3 | Consumer Discretionary | 12.81% |
| 4 | Industrials | 10.52% |
| 5 | Communication Services | 6.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Hilton Worldwide
HLT
$72.4B
| $24.8M | 0.13% |
176,375
+122,116
| +225% | +$17.2M |
|
152
US Physical Therapy
USPH
$1.22B
| $24.5M | 0.13% |
250,551
-99
| -0% | -$9.45K |
|
153
Ball Corp
BALL
$17.5B
| $24M | 0.13% |
434,991
+135,980
| +45% | +$7.56M |
|
154
West Pharmaceutical
WST
$23.7B
| $24M | 0.13% |
69,156
+53,583
| +344% | +$15.7M |
|
155
Freshpet
FRPT
$3.04B
| $23.9M | 0.13% |
361,121
-436,512
| -55% | -$26.8M |
|
156
HubSpot
HUBS
$12.9B
| $23.7M | 0.13% |
55,260
+4,868
| +10% | +$1.78M |
|
157
Idexx Laboratories
IDXX
$44.9B
| $23M | 0.12% |
+46,026
| New | +$22M |
|
|
MODN
158
DELISTED
MODEL N, INC.
MODN
| $22.3M | 0.12% |
666,024
-117,963
| -15% | -$4.3M |
|
159
RXO
RXO
$3.68B
| $21.8M | 0.12% |
1,111,911
+1,076,869
| +3,073% | +$20.7M |
|
160
Ultragenyx Pharmaceutical
RARE
$2.46B
| $21.8M | 0.12% |
543,552
+48,012
| +10% | +$2.06M |
|
161
Paylocity
PCTY
$7.75B
| $21.3M | 0.11% |
107,368
-32,246
| -23% | -$6.34M |
|
162
Mobileye
MBLY
$2.02B
| $21.2M | 0.11% |
489,738
+363,482
| +288% | +$14.2M |
|
163
InMode
INMD
$871M
| $19.6M | 0.1% |
613,320
+192,502
| +46% | +$6.59M |
|
164
Costco
COST
$432B
| $18.7M | 0.1% |
37,712
-88,460
| -70% | -$43.4M |
|
165
Ameresco
AMRC
$980M
| $18.4M | 0.1% |
372,992
-520,838
| -58% | -$27.6M |
|
166
GitLab
GTLB
$5.75B
| $17.5M | 0.09% |
+511,157
| New | +$22.5M |
|
167
Alphabet (Google) Class A
GOOGL
$4.12T
| $16.3M | 0.09% |
156,716
+43,731
| +39% | +$4.2M |
|
|
BCPC
168
Balchem Corp
BCPC
$5.26B
| $16.1M | 0.09% |
127,632
-49,063
| -28% | -$6.35M |
|
169
Ferrari
RACE
$67.8B
| $15.9M | 0.09% |
58,816
+32,190
| +121% | +$8.22M |
|
|
RETA
170
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $15.9M | 0.09% |
174,701
-1,334,703
| -88% | -$78.3M |
|
171
908 Devices
MASS
$312M
| $15.5M | 0.08% |
1,806,198
-998,715
| -36% | -$8.91M |
|
172
CI&T Inc
CINT
$423M
| $15.4M | 0.08% |
2,790,880
-152,597
| -5% | -$953K |
|
173
KLA
KLAC
$222B
| $15.3M | 0.08% |
382,540
-8,770
| -2% | -$346K |
|
174
Kratos Defense & Security Solutions
KTOS
$8.23B
| $14.9M | 0.08% |
1,101,700
-13,139
| -1% | -$157K |
|
175
Shake Shack
SHAK
$2.54B
| $14.6M | 0.08% |
262,767
-2,107,353
| -89% | -$116M |
|
Similar funds
CAM
BA
AM
SAM
CHP
Fred Alger Management's Q1 2023 Portfolio in Review
As of Q1 2023, Fred Alger Management held 586 positions worth $18.7B, up 1.3% from $18.4B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fred Alger Management withdrew a net $1.94B in Q1 2023, closing 71 positions and reducing 228 holdings. Its most notable exit was Coupa Software Incorporated, an estimated $99.8M position sold in full.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 30% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Martin Marietta Materials worth $184M.
- Fred Alger Management's largest Q1 2023 buy was Martin Marietta Materials: 519,569 shares worth $184M.
- Fred Alger Management added most to Apple in Q1 2023, an estimated $149M increase.
- Fred Alger Management's biggest Q1 2023 reduction was NextEra Energy, cutting an estimated $166M.
- Fred Alger Management fully exited Coupa Software Incorporated in Q1 2023, selling an estimated $99.8M.
- Fred Alger Management's ten largest holdings make up 31% of its $18.7B portfolio in Q1 2023.
- Fred Alger Management opened 70 new positions and closed 71 in Q1 2023.
- Fred Alger Management's portfolio value rose 1.3% quarter-over-quarter to $18.7B.
Based on Fred Alger Management's 13F filing for Q1 2023, filed 15 May 2023.