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 | |
|---|---|---|---|---|---|---|
201
Freeport-McMoran
FCX
$86.2B
| $9.8M | 0.05% |
+239,625
| New | +$9.97M |
|
202
Blackbaud
BLKB
$1.94B
| $9.76M | 0.05% |
140,814
+176
| +0.1% | +$10.5K |
|
203
Ulta Beauty
ULTA
$21.8B
| $9.57M | 0.05% |
17,542
-1,352
| -7% | -$694K |
|
204
Tanger
SKT
$4.78B
| $9.48M | 0.05% |
483,064
+420
| +0.1% | +$7.79K |
|
205
Verisk Analytics
VRSK
$27.7B
| $9.47M | 0.05% |
49,346
+38,600
| +359% | +$6.99M |
|
206
Occidental Petroleum
OXY
$55.7B
| $9.21M | 0.05% |
147,518
-23,412
| -14% | -$1.45M |
|
207
Tandem Diabetes Care
TNDM
$1.27B
| $9.11M | 0.05% |
224,408
+79,241
| +55% | +$3.28M |
|
|
LUXE
208
LuxExperience B.V.
LUXE
$1.13B
| $9.1M | 0.05% |
1,294,984
-12,486
| -1% | -$113K |
|
209
Cameco
CCJ
$36.8B
| $8.91M | 0.05% |
340,533
+55,203
| +19% | +$1.46M |
|
210
O'Reilly Automotive
ORLY
$75.1B
| $8.82M | 0.05% |
155,775
-1,365
| -0.9% | -$74.8K |
|
211
Mesa Laboratories
MLAB
$551M
| $8.6M | 0.05% |
49,245
+52
| +0.1% | +$9.32K |
|
212
Kura Sushi USA
KRUS
$581M
| $8.36M | 0.04% |
126,909
-87,428
| -41% | -$5.26M |
|
213
Viridian Therapeutics
VRDN
$2.2B
| $8.23M | 0.04% |
323,676
-104,597
| -24% | -$3.35M |
|
214
Cintas
CTAS
$86.6B
| $8.21M | 0.04% |
70,936
-8,620
| -11% | -$950K |
|
215
Illumina
ILMN
$29.5B
| $8.14M | 0.04% |
+35,983
| New | +$7.36M |
|
216
Take-Two Interactive
TTWO
$46.1B
| $8.04M | 0.04% |
67,354
-27,660
| -29% | -$3.08M |
|
217
United Rentals
URI
$65.7B
| $7.9M | 0.04% |
19,961
-10,299
| -34% | -$4.33M |
|
218
PepsiCo
PEP
$196B
| $7.81M | 0.04% |
42,818
+5,032
| +13% | +$880K |
|
219
Tyler Technologies
TYL
$13.7B
| $7.68M | 0.04% |
21,668
-13,623
| -39% | -$4.43M |
|
220
Microchip Technology
MCHP
$38.8B
| $7.58M | 0.04% |
90,446
-1,870
| -2% | -$149K |
|
|
SPLK
221
DELISTED
Splunk Inc
SPLK
| $7.54M | 0.04% |
78,659
+204
| +0.3% | +$19.6K |
|
222
Honeywell
HON
$76.4B
| $7.51M | 0.04% |
41,695
+1,604
| +4% | +$302K |
|
223
Universal Display
OLED
$3.75B
| $7.42M | 0.04% |
47,839
-410
| -0.8% | -$55.1K |
|
224
Procter & Gamble
PG
$340B
| $7.42M | 0.04% |
49,906
+4,352
| +10% | +$622K |
|
225
Amphenol
APH
$185B
| $7.36M | 0.04% |
180,230
+35,856
| +25% | +$1.42M |
|
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.