The Winners and Losers of Fred Alger Management's Q3-Q4 2022: A deep dive into the 13F Holdings report

In the sea of the stock market, every investor dreams of finding the perfect catch - a share that offers the promise of good returns for years to come. But sometimes, unforeseen circumstances cause the stocks to plummet, spill overboard, and disappear forever. Such is the nature of investing - volatile, risky, and unpredictable. In this blog post, we'll analyze the data from Fred Alger Management, LLC's 13F Holdings report for Q3 2022 and Q4 2022, highlighting the winners and losers of the period.

Before diving into the data itself, let's first establish what a 13F Holding report is. In simpler terms, this report serves as a public record of hedge funds' and institutional investors' equity holdings, as filed with the Securities and Exchange Commission (SEC). These reports offer valuable insights into the portfolio holdings of various fund managers, revealing how their trading strategies have played out over a specific period.

With that out of the way, let's move on to the report from Fred Alger Management. The data from Q3 2022 and Q4 2022 shows a mixed bag, with some stocks soaring to new heights while others diving to new lows. One of the biggest losers of this period was Amazon. The e-commerce giant's share plummeted from 8,731,285 in Q3 2022 to 7,379,704 in Q4 2022, resulting in a loss of 37.2%. Microsoft saw a decline of 4.5% during the same period. Elsewhere, Apple's shares dropped by 22.7%, whereas Alphabet saw a 22.9% decline.

On the flip side, NVIDIA Corporation saw significant growth of 115.1%, with an increase in shares from 1,071,367 to 1,914,383. Visa and AbbVie Inc. also saw modest gains of 1.8 % and 33.6%, respectively. However, the biggest winner of the period was Wabtec Corp, with its share skyrocketing from 509,619 in Q3 2022 to 1,167,688 in Q4 2022, resulting in a whopping 181.1% increase.

It's worth noting that some of the data on this report might be misleading. For example, there are instances where a fund reports zero shares in Q3 2022 but several shares in Q4 2022. As such, it would seem that the fund newly acquired the shares. However, this is not always the case as some institutional investors don't have to file a 13F form if they don't meet certain requirements.

In conclusion, it's clear that Fred Alger Management's Q3-Q4 2022 report was a mixed bag. Some stocks thrived, while some plunged, reflecting the risky nature of investing. As always, investors must be vigilant and make informed decisions when it comes to trading strategies. The stock market is unpredictable, but by analyzing reports like the 13F Holdings, investors can take calculated risks, leading to more significant returns in the future.