Alger Family of Funds > ALGER INSTITUTIONAL FUNDS
Alger Focus Equity Fund
$1.15B
Avg Monthly Net Assets
$1.59B
Total Assets
$3.52M
Total Liabilities
$1.59B
Net Assets
Alger Focus Equity Fund is a Mutual Fund in ALGER INSTITUTIONAL FUNDS
from Alger Family of Funds,
based in New York,
United States of America.
The fund has five share classes
and monthly net assets of $1.15B.
On September 26th, 2024 it reported 51 holdings, the largest
being Microsoft Corp (12.8%), NVIDIA Corp (12.4%) and Amazon.com Inc (6.4%).
Data provided by Fincoded.
Share Classes
| Name | Class/Contract ID | Ticker | Monthly Returns (2 years) |
|---|---|---|---|
| Class A | C000122071 | ALAFX | |
| Class C | C000122072 | ALCFX | |
| Class I | C000024998 | ALGRX | |
| Class Y | C000179522 | ALGYX | |
| Class Z | C000122073 | ALZFX |
Holdings
From latest NPORT-P, filed September 26th, 2024 for period ending July 31st, 2024.
Historic holdings data available from Fincoded.
| Name | Profile | Category | Country | Value $USD | # Shares | % of Fund |
|---|---|---|---|---|---|---|
| Adobe Inc | Long | Equity-common | US | $20M | 36K | 1.26 |
| Advanced Micro Devices Inc | Long | Equity-common | US | $12M | 85K | 0.77 |
| Alphabet Inc | Long | Equity-common | US | $51M | 294K | 3.20 |
| Amazon.com Inc | Long | Equity-common | US | $102M | 545K | 6.41 |
| Apple Inc | Long | Equity-common | US | $95M | 430K | 6.00 |
| AppLovin Corp | Long | Equity-common | US | $48M | 619K | 3.00 |
| ASML Holding NV | Long | Equity-common | NL | $16M | 17K | 1.03 |
| Boston Scientific Corp | Long | Equity-common | US | $26M | 351K | 1.63 |
| Broadcom Inc | Long | Equity-common | US | $44M | 276K | 2.79 |
| Burlington Stores Inc | Long | Equity-common | US | $7M | 28K | 0.46 |
| Cadence Design Systems Inc | Long | Equity-common | US | $10M | 37K | 0.62 |
| Cameco Corp | Long | Equity-common | CA | $10M | 225K | 0.64 |
| Citigroup Inc | Long | Equity-common | US | $10M | 149K | 0.61 |
| Constellation Energy Corp | Long | Equity-common | US | $19M | 102K | 1.21 |
| Danaher Corp | Long | Equity-common | US | $27M | 98K | 1.70 |
| DraftKings Inc | Long | Equity-common | US | $16M | 440K | 1.02 |
| Dreyfus Treasury Obligations Cash Management Fund | Long | Short-term investment vehicle | US | $64M | 64M | 4.05 |
| Eaton Corp PLC | Long | Equity-common | US | $7M | 23K | 0.44 |
| Eli Lilly & Co | Long | Equity-common | US | $21M | 27K | 1.34 |
| Equinix Inc | Long | Equity-common | US | $15M | 19K | 0.95 |
| Fiserv Inc | Long | Equity-common | US | $6M | 36K | 0.37 |
| Freeport-McMoRan Inc | Long | Equity-common | US | $4M | 96K | 0.28 |
| GFL Environmental Inc | Long | Equity-common | CA | $33M | 842K | 2.05 |
| HEICO Corp | Long | Equity-common | US | $37M | 194K | 2.32 |
| HubSpot Inc | Long | Equity-common | US | $2M | 4K | 0.14 |
| Liberty Media Corp-Liberty Formula One | Long | Equity-common | US | $18M | 226K | 1.15 |
| Martin Marietta Materials Inc | Long | Equity-common | US | $9M | 15K | 0.58 |
| Marvell Technology Inc | Long | Equity-common | US | $9M | 133K | 0.56 |
| McKesson Corp | Long | Equity-common | US | $21M | 34K | 1.34 |
| MercadoLibre Inc | Long | Equity-common | UY | $21M | 13K | 1.31 |
| Meta Platforms Inc | Long | Equity-common | US | $93M | 196K | 5.86 |
| Micron Technology Inc | Long | Equity-common | US | $19M | 172K | 1.18 |
| Microsoft Corp | Long | Equity-common | US | $203M | 485K | 12.77 |
| Natera Inc | Long | Equity-common | US | $32M | 314K | 2.02 |
| Netflix Inc | Long | Equity-common | US | $32M | 50K | 1.99 |
| NRG Energy Inc | Long | Equity-common | US | $10M | 132K | 0.62 |
| Nuvalent Inc | Long | Equity-common | US | $3M | 35K | 0.18 |
| NVIDIA Corp | Long | Equity-common | US | $198M | 2M | 12.44 |
| Pinterest Inc | Long | Equity-common | US | $15M | 466K | 0.94 |
| PROSETTA BIOSCIENCES INC. /PFD | Long | Equity-preferred | US | $0 | 77K | – |
| S&P Global Inc | Long | Equity-common | US | $31M | 64K | 1.96 |
| ServiceNow Inc | Long | Equity-common | US | $11M | 14K | 0.69 |
| Spotify Technology SA | Long | Equity-common | SE | $13M | 39K | 0.84 |
| Taiwan Semiconductor Manufacturing Co Ltd (TSMC) | Long | Equity-common | TW | $35M | 212K | 2.21 |
| Tesla Inc | Long | Equity-common | US | $7M | 31K | 0.45 |
| TransDigm Group Inc | Long | Equity-common | US | $18M | 14K | 1.16 |
| Uber Technologies Inc | Long | Equity-common | US | $9M | 133K | 0.54 |
| UnitedHealth Group Inc | Long | Equity-common | US | $17M | 30K | 1.08 |
| Vaxcyte Inc | Long | Equity-common | US | $11M | 137K | 0.68 |
| Vertiv Holdings Co | Long | Equity-common | US | $25M | 318K | 1.57 |
| Visa Inc | Long | Equity-common | US | $28M | 106K | 1.78 |
Address
ALGER INSTITUTIONAL FUNDS
100 Pearl Street
New York
New York
10004-6030
United States of America
Websites
Directors
Roger P. Cheever
Charles F. Baird
Hilary M. Alger
Nathan E. Saint-Amand M.D.
David Rosenberg
Transfer Agents
UMB Fund Services, Inc.
Pricing Services
Refinitiv US LLC
Custodians
BNP PARIBAS S.A.
BROWN BROTHERS HARRIMAN AND CO
HSBC BANK PLC
BNP PARIBAS S.A.
THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (HSBC) - THAILAND BRANCH
EUROCLEAR BANK SA NV
UNICREDIT BANK AUSTRIA AG
UBS SWITZERLAND AG
RBC INVESTOR SERVICES TRUST FOR ROYAL BANK OF CANADA (RBC)
CITIBANK N.A.- JAKARTA BRANCH
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) HELSINKI BRANCH
BNP PARIBAS S.A. SUCCURSALE ITALIA
BANCO BILBAO VIZCAYA ARGENTARIA SA
Shareholder Servicing Agents
UMB Fund Services, Inc.
Fred Alger Management, LLC
Admins
Brown Brothers Harriman & Co.
Fred Alger Management, LLC
Brokers
WILLIAM BLAIR & COMPANY, L.L.C.
ROYAL BANK OF CANADA
Bay Crest Partners, LLC
MORGAN STANLEY & CO. LLC
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
Piper Sandler LTD.
Fred Alger & Company, LLC
CANACCORD GENUITY WEALTH MANAGEMENT (USA) INC.
RAYMOND JAMES (USA) LTD.
Wells Fargo Securities LLC