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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
-20.08%
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
$21.4B
AUM Growth
-$9.89B
(-32%)
Cap. Flow
-$2.74B
Cap. Flow
% of AUM
-12.81%
Top 10 Holdings %
Top 10 Hldgs %
28.78%
Holding
568
New
77
Increased
161
Reduced
233
Closed
68
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
McKesson
MCK
|
+$219M |
| 2 |
Live Nation Entertainment
LYV
|
+$180M |
| 3 |
Datadog
DDOG
|
+$175M |
| 4 |
Costco
COST
|
+$165M |
| 5 |
Trade Desk
TTD
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$349M |
| 2 |
Apple
AAPL
|
+$337M |
| 3 |
Microsoft
MSFT
|
+$232M |
| 4 |
XPO
XPO
|
+$146M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$144M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.04% |
| 2 | Healthcare | 20.62% |
| 3 | Consumer Discretionary | 12.69% |
| 4 | Industrials | 10.49% |
| 5 | Financials | 6.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Rivian
RIVN
$24B
| $11.9M | 0.06% |
+461,429
| New | +$14.4M |
|
202
Pool Corp
POOL
$6.76B
| $11.5M | 0.05% |
32,620
-102
| -0.3% | -$40.4K |
|
203
Merck
MRK
$326B
| $11.3M | 0.05% |
124,221
+98,191
| +377% | +$8.7M |
|
204
Roku
ROKU
$21.3B
| $11.1M | 0.05% |
+135,328
| New | +$13.1M |
|
205
Qualcomm
QCOM
$175B
| $11.1M | 0.05% |
86,834
-875,072
| -91% | -$119M |
|
206
Johnson & Johnson
JNJ
$645B
| $10.8M | 0.05% |
61,085
-18,155
| -23% | -$3.23M |
|
207
Unity
U
$13.1B
| $10.8M | 0.05% |
292,173
-773,162
| -73% | -$43.9M |
|
|
AYX
208
DELISTED
Alteryx Inc
AYX
| $10.5M | 0.05% |
217,400
+9,662
| +5% | +$578K |
|
209
Tyler Technologies
TYL
$13.1B
| $10.4M | 0.05% |
31,426
-48
| -0.2% | -$17.6K |
|
|
210
Alphabet (Google) Class A
GOOGL
$4T
| $10.4M | 0.05% |
95,280
+13,740
| +17% | +$1.62M |
|
211
Bristol-Myers Squibb
BMY
$129B
| $10.4M | 0.05% |
134,579
-26,488
| -16% | -$2.02M |
|
212
Mesa Laboratories
MLAB
$535M
| $10M | 0.05% |
49,176
-944
| -2% | -$207K |
|
213
Yum China
YUMC
$15.3B
| $9.91M | 0.05% |
+204,311
| New | +$8.6M |
|
214
Upstart Holdings
UPST
$2.65B
| $9.85M | 0.05% |
311,476
-1,553,967
| -83% | -$92.5M |
|
215
Azenta
AZTA
$1.27B
| $9.77M | 0.05% |
135,527
-56,944
| -30% | -$4.26M |
|
|
SPLK
216
DELISTED
Splunk Inc
SPLK
| $9.77M | 0.05% |
110,404
+24,644
| +29% | +$2.71M |
|
217
ACI Worldwide
ACIW
$5.86B
| $9.74M | 0.05% |
376,047
-9,057
| -2% | -$243K |
|
218
JPMorgan Chase
JPM
$943B
| $9.46M | 0.04% |
83,958
+30,214
| +56% | +$3.74M |
|
|
CYBR
219
DELISTED
CyberArk
CYBR
| $9.14M | 0.04% |
+71,439
| New | +$10.3M |
|
|
EBIX
220
DELISTED
Ebix Inc
EBIX
| $8.85M | 0.04% |
523,876
+176,011
| +51% | +$4.92M |
|
221
dLocal
DLO
$4.4B
| $8.67M | 0.04% |
330,386
+228
| +0.1% | +$5.84K |
|
222
Tandem Diabetes Care
TNDM
$1.15B
| $8.59M | 0.04% |
145,090
-3,522
| -2% | -$289K |
|
223
Morgan Stanley
MS
$336B
| $8.34M | 0.04% |
109,632
+4,155
| +4% | +$340K |
|
224
Blackbaud
BLKB
$1.61B
| $8.17M | 0.04% |
140,625
-2,772
| -2% | -$161K |
|
225
Home Depot
HD
$338B
| $8.02M | 0.04% |
29,241
+3,303
| +13% | +$975K |
|
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Fred Alger Management's Q2 2022 Portfolio in Review
As of Q2 2022, Fred Alger Management held 568 positions worth $21.4B, down 32% from $31.3B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Fred Alger Management withdrew a net $2.74B in Q2 2022, closing 68 positions and reducing 233 holdings. Its most notable exit was Expedia Group, an estimated $134M position sold in full.
By sector, the portfolio is most concentrated in Technology at 33% of assets, down from 36% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in ServiceNow worth $132M.
- Fred Alger Management's largest Q2 2022 buy was ServiceNow: 1,388,500 shares worth $132M.
- Fred Alger Management added most to McKesson in Q2 2022, an estimated $219M increase.
- Fred Alger Management's biggest Q2 2022 reduction was NVIDIA, cutting an estimated $349M.
- Fred Alger Management fully exited Expedia Group in Q2 2022, selling an estimated $134M.
- Fred Alger Management's ten largest holdings make up 29% of its $21.4B portfolio in Q2 2022.
- Fred Alger Management opened 77 new positions and closed 68 in Q2 2022.
- Fred Alger Management's portfolio value fell 32% quarter-over-quarter to $21.4B.
Based on Fred Alger Management's 13F filing for Q2 2022, filed 15 Aug 2022.