Alger Concentrated Equity is led by a skilled manager, and although its performance has stood out in a limited sample, its investment strategy closely mirrors that of other aggressive funds in the large-growth Morningstar Category. It earns an Above Average People rating and an Average Process rating.
Alger Concentrated Equity ETF CNEQ
Morningstar’s Analysis CNEQ
Will CNEQ outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the CNEQ management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of CNEQ’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 63.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NVIDIA Corp | 13.58 | 95M | Technology |
Microsoft Corp | 6.56 | 46M | Technology |
Alphabet Inc Class C | 5.95 | 42M | Communication Services |
Amazon.com Inc | 5.93 | 42M | Consumer Cyclical |
Western Digital Corp | 5.83 | 41M | Technology |
Taiwan Semiconductor Manufacturing Co Ltd ADR | 5.52 | 39M | Technology |
Nebius Group NV Shs Class-A- | 5.51 | 39M | Communication Services |
Anthropic | 5.50 | 39M | — |
Apple Inc | 4.59 | 32M | Technology |
Space Exploration Technologies Corp Class A | 4.37 | 31M | Industrials |
United States