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
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 61.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NVIDIA Corp | 15.09 | 1B | Technology |
Microsoft Corp | 8.86 | 599M | Technology |
Alphabet Inc Class C | 6.18 | 418M | Communication Services |
Taiwan Semiconductor Manufacturing Co Ltd ADR | 6.14 | 415M | Technology |
Broadcom Inc | 4.84 | 327M | Technology |
Apple Inc | 4.79 | 324M | Technology |
Amazon.com Inc | 4.50 | 304M | Consumer Cyclical |
Western Digital Corp | 3.67 | 248M | Technology |
Meta Platforms Inc Class A | 3.61 | 244M | Communication Services |
Talen Energy Corp Ordinary Shares New | 3.60 | 244M | Utilities |