In the third quarter of 2025, the Alger Concentrated Equity ETF showcased a notable performance, surpassing the Russell 1000 Growth Index. This period was characterized by strategic sector allocations, with significant weightings in Information Technology and Consumer Discretionary. The fund's approach also involved distinct overweight and underweight positions, particularly in Utilities and Information Technology, respectively, demonstrating a calculated investment strategy aimed at optimizing returns within a dynamic market environment.
During the third quarter of 2025, the investment landscape saw the Alger Concentrated Equity ETF prioritizing two major sectors: Information Technology and Consumer Discretionary. These sectors represented the most substantial portions of the portfolio's holdings, indicating a strong belief in their growth potential. In parallel, the fund adopted an overweight stance on the Utilities sector, suggesting an opportunistic view or a defensive play within the prevailing market conditions. Conversely, Information Technology, despite being a major weighting, was also the most significantly underweight sector relative to its benchmark, implying a selective approach within this broad category.
The strategic decisions made by the Alger Concentrated Equity ETF reflect a nuanced understanding of market trends and an active management philosophy. The outperformance against the Russell 1000 Growth Index underscores the effectiveness of these decisions. The differential in sector allocations, moving away from a purely benchmark-aligned strategy, points to an intent to capture alpha through focused bets on specific industries and companies deemed to have superior prospects.
This performance report offers a concise look into the Alger Concentrated Equity ETF's activities and outcomes during the specified quarter. It highlights the fund's capacity to navigate market complexities and generate favorable returns through deliberate sector positioning. The emphasis on growth-oriented sectors combined with tactical adjustments in overweight and underweight positions illustrates a disciplined investment process aimed at achieving competitive advantages.
