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FAM
Fred Alger Management Portfolio holdings
AUM
$30B
1-Year Est. Return
76.99%
This Fund
S&P 500
This Quarter
Est. Return
+6.82%
1 Year Est. Return
+76.99%
3 Year Est. Return
+326.24%
5 Year Est. Return
+435.69%
10 Year Est. Return
+2,724.6%
AUM
$18.4B
AUM Growth
-$1.29B
(-6.5%)
Cap. Flow
-$1.51B
Cap. Flow
% of AUM
-8.2%
Top 10 Holdings %
Top 10 Hldgs %
26.32%
Holding
585
New
66
Increased
220
Reduced
190
Closed
69
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Snowflake
SNOW
|
+$127M |
| 2 |
NVIDIA
NVDA
|
+$124M |
| 3 |
Marvell Technology
MRVL
|
+$93.5M |
| 4 |
COUP
Coupa Software Incorporated
COUP
|
+$75.4M |
| 5 |
PayPal
PYPL
|
+$70.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MGM Resorts International
MGM
|
+$171M |
| 2 |
Tesla
TSLA
|
+$149M |
| 3 |
Apple
AAPL
|
+$137M |
| 4 |
Amazon
AMZN
|
+$134M |
| 5 |
Alibaba
BABA
|
+$115M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.81% |
| 2 | Healthcare | 25.72% |
| 3 | Industrials | 11.09% |
| 4 | Consumer Discretionary | 11.02% |
| 5 | Communication Services | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.71T
| $1.34B | 7.26% |
5,584,154
-436,750
| -7% | -$105M |
|
|
2
Amazon
AMZN
$2.79T
| $620M | 3.36% |
7,379,704
-1,351,581
| -15% | -$134M |
|
|
3
Apple
AAPL
$4.67T
| $575M | 3.12% |
4,427,750
-956,663
| -18% | -$137M |
|
4
Alphabet (Google) Class C
GOOG
$4.1T
| $420M | 2.27% |
4,730,208
-927,949
| -16% | -$88.6M |
|
5
TransDigm Group
TDG
$64.2B
| $372M | 2.02% |
590,657
+76,528
| +15% | +$45.1M |
|
6
Natera
NTRA
$47.3B
| $360M | 1.95% |
8,972,823
+191,477
| +2% | +$7.89M |
|
7
UnitedHealth
UNH
$356B
| $322M | 1.75% |
607,556
-159,073
| -21% | -$84.3M |
|
8
Intuit
INTU
$91B
| $297M | 1.61% |
763,651
+42,823
| +6% | +$17M |
|
|
9
NVIDIA
NVDA
$5.56T
| $280M | 1.52% |
19,143,830
+8,430,160
| +79% | +$124M |
|
10
AbbVie
ABBV
$453B
| $271M | 1.47% |
1,675,463
+165,489
| +11% | +$25.4M |
|
11
Visa
V
$700B
| $253M | 1.37% |
1,219,551
-317,111
| -21% | -$64M |
|
12
Danaher
DHR
$146B
| $237M | 1.28% |
1,005,110
-331,556
| -25% | -$76.9M |
|
13
McKesson
MCK
$106B
| $227M | 1.23% |
604,371
-218,956
| -27% | -$81.7M |
|
14
Live Nation Entertainment
LYV
$40.4B
| $214M | 1.16% |
3,062,899
-1,440,492
| -32% | -$107M |
|
|
15
Marvell Technology
MRVL
$201B
| $208M | 1.13% |
5,609,779
+2,290,919
| +69% | +$93.5M |
|
16
Eli Lilly
LLY
$1.02T
| $202M | 1.09% |
551,891
+54,635
| +11% | +$19.4M |
|
17
Eaton
ETN
$160B
| $192M | 1.04% |
1,223,162
+42,221
| +4% | +$6.47M |
|
18
Acadia Healthcare
ACHC
$2.62B
| $191M | 1.04% |
2,323,220
+296,704
| +15% | +$24.5M |
|
19
S&P Global
SPGI
$131B
| $189M | 1.02% |
563,263
+94,237
| +20% | +$31.1M |
|
20
NextEra Energy
NEE
$174B
| $184M | 1% |
2,206,557
-4,942
| -0.2% | -$399K |
|
21
Casella Waste Systems
CWST
$5.95B
| $182M | 0.99% |
2,294,819
-17,066
| -0.7% | -$1.37M |
|
22
FirstService
FSV
$6.29B
| $181M | 0.98% |
1,474,246
-16,479
| -1% | -$2.04M |
|
23
Netflix
NFLX
$326B
| $181M | 0.98% |
6,126,580
-1,384,660
| -18% | -$38.8M |
|
24
Insulet
PODD
$10.2B
| $167M | 0.9% |
565,632
-66,419
| -11% | -$18.3M |
|
25
Mercado Libre
MELI
$100B
| $165M | 0.89% |
194,798
+10,095
| +5% | +$8.99M |
|
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OAG
Fred Alger Management's Q4 2022 Portfolio in Review
As of Q4 2022, Fred Alger Management held 585 positions worth $18.4B, down 6.5% from $19.7B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fred Alger Management withdrew a net $1.51B in Q4 2022, closing 69 positions and reducing 190 holdings. Its most notable exit was Monolithic Power Systems, an estimated $65.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 28% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Fred Alger Management opened a new position in Snowflake worth $119M.
- Fred Alger Management's largest Q4 2022 buy was Snowflake: 832,045 shares worth $119M.
- Fred Alger Management added most to NVIDIA in Q4 2022, an estimated $124M increase.
- Fred Alger Management's biggest Q4 2022 reduction was MGM Resorts International, cutting an estimated $171M.
- Fred Alger Management fully exited Monolithic Power Systems in Q4 2022, selling an estimated $65.9M.
- Fred Alger Management's ten largest holdings make up 26% of its $18.4B portfolio in Q4 2022.
- Fred Alger Management opened 66 new positions and closed 69 in Q4 2022.
- Fred Alger Management's portfolio value fell 6.5% quarter-over-quarter to $18.4B.
Based on Fred Alger Management's 13F filing for Q4 2022, filed 14 Feb 2023.