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
+15.81%
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
$19.6B
AUM Growth
+$879M
(+4.7%)
Cap. Flow
-$1.18B
Cap. Flow
% of AUM
-6.05%
Top 10 Holdings %
Top 10 Hldgs %
34.09%
Holding
589
New
74
Increased
137
Reduced
233
Closed
78
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$96.2M |
| 2 |
DraftKings
DKNG
|
+$81.7M |
| 3 |
GE HealthCare
GEHC
|
+$81.1M |
| 4 |
GFL Environmental
GFL
|
+$77M |
| 5 |
Vaxcyte
PCVX
|
+$72.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Intuit
INTU
|
+$187M |
| 2 |
RXDX
Prometheus Biosciences, Inc. Common Stock
RXDX
|
+$143M |
| 3 |
AbbVie
ABBV
|
+$112M |
| 4 |
Walt Disney
DIS
|
+$99.6M |
| 5 |
HSKA
Heska Corp
HSKA
|
+$80.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 36.16% |
| 2 | Healthcare | 20.31% |
| 3 | Consumer Discretionary | 12.43% |
| 4 | Industrials | 10.17% |
| 5 | Communication Services | 7.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
US Foods
USFD
$21.9B
| $14.4M | 0.07% |
326,712
-15,808
| -5% | -$627K |
|
177
Humana
HUM
$46.1B
| $13.7M | 0.07% |
30,585
+7,231
| +31% | +$3.64M |
|
178
Verisk Analytics
VRSK
$27.1B
| $13.1M | 0.07% |
58,007
+8,661
| +18% | +$1.82M |
|
179
Floor & Decor
FND
$5.94B
| $13M | 0.07% |
124,580
+116,473
| +1,437% | +$11.1M |
|
180
Inogen
INGN
$173M
| $12.4M | 0.06% |
1,077,518
-46,983
| -4% | -$554K |
|
181
908 Devices
MASS
$290M
| $12.3M | 0.06% |
1,786,912
-19,286
| -1% | -$155K |
|
|
BCPC
182
Balchem Corp
BCPC
$5.3B
| $12.1M | 0.06% |
89,951
-37,681
| -30% | -$4.85M |
|
183
HealthEquity
HQY
$8.28B
| $11.6M | 0.06% |
184,179
-424,645
| -70% | -$24.6M |
|
184
Bentley Systems
BSY
$10.2B
| $11.6M | 0.06% |
214,402
-109,511
| -34% | -$5.11M |
|
185
Chipotle Mexican Grill
CMG
$42.6B
| $11.6M | 0.06% |
270,350
-84,650
| -24% | -$3.35M |
|
186
Home Depot
HD
$336B
| $11.5M | 0.06% |
36,999
+266
| +0.7% | +$78.6K |
|
187
Cardinal Health
CAH
$53.8B
| $11.3M | 0.06% |
119,079
+73,024
| +159% | +$6.17M |
|
188
MSCI
MSCI
$41.5B
| $10.8M | 0.06% |
22,983
+1,223
| +6% | +$597K |
|
189
Neogen
NEOG
$2.05B
| $10.7M | 0.05% |
493,230
-179,163
| -27% | -$3.24M |
|
190
Cameco
CCJ
$38.8B
| $10.6M | 0.05% |
339,696
-837
| -0.2% | -$23.5K |
|
191
Tanger
SKT
$4.8B
| $10.4M | 0.05% |
470,850
-12,214
| -3% | -$245K |
|
|
EXAS
192
DELISTED
Exact Sciences
EXAS
| $10.4M | 0.05% |
110,424
+80,848
| +273% | +$6.31M |
|
193
ADMA Biologics
ADMA
$1.98B
| $10.3M | 0.05% |
2,782,209
+764,615
| +38% | +$2.83M |
|
194
On Holding
ONON
$12.5B
| $10.1M | 0.05% |
305,848
-547,299
| -64% | -$16.6M |
|
195
Blackbaud
BLKB
$1.61B
| $9.78M | 0.05% |
137,439
-3,375
| -2% | -$237K |
|
196
Morgan Stanley
MS
$335B
| $9.73M | 0.05% |
113,974
| – | – |
|
197
Take-Two Interactive
TTWO
$45B
| $9.7M | 0.05% |
65,895
-1,459
| -2% | -$191K |
|
198
ACI Worldwide
ACIW
$5.87B
| $9.59M | 0.05% |
413,826
-1,681,066
| -80% | -$40.7M |
|
199
CI&T Inc
CINT
$406M
| $9.34M | 0.05% |
1,489,941
-1,300,939
| -47% | -$6.28M |
|
200
Universal Health Services
UHS
$9.75B
| $8.55M | 0.04% |
+54,202
| New | +$7.56M |
|
Similar funds
CAM
BA
AM
SAM
CHP
Fred Alger Management's Q2 2023 Portfolio in Review
As of Q2 2023, Fred Alger Management held 589 positions worth $19.6B, up 4.7% from $18.7B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Fred Alger Management withdrew a net $1.18B in Q2 2023, closing 78 positions and reducing 233 holdings. Its most notable exit was Prometheus Biosciences, Inc. Common Stock, an estimated $143M position sold in full.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 35% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in DraftKings worth $94.2M.
- Fred Alger Management's largest Q2 2023 buy was DraftKings: 3,544,411 shares worth $94.2M.
- Fred Alger Management added most to Meta Platforms (Facebook) in Q2 2023, an estimated $96.2M increase.
- Fred Alger Management's biggest Q2 2023 reduction was Intuit, cutting an estimated $187M.
- Fred Alger Management fully exited Prometheus Biosciences, Inc. Common Stock in Q2 2023, selling an estimated $143M.
- Fred Alger Management's ten largest holdings make up 34% of its $19.6B portfolio in Q2 2023.
- Fred Alger Management opened 74 new positions and closed 78 in Q2 2023.
- Fred Alger Management's portfolio value rose 4.7% quarter-over-quarter to $19.6B.
Based on Fred Alger Management's 13F filing for Q2 2023, filed 14 Aug 2023.