Alger Concentrated Equity ETF (CNEQ)

• Market cap: $39.7M
• 1 day: 2.01%
• 5 days: 0.75%
• 1 month: 5.38%
• 3 months: 18.79%
• 6 months: 4.53%
• Year to date: 8.65%
• 1 year: 26.87%
• 5 years: 41.12%
• 10 years: 41.12%

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

50% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 2

29% more funds holding

Funds holding: 7 [Q4 2024] → 9 (+2) [Q1 2025]

16% more capital invested

Capital invested by funds: $4.07M [Q4 2024] → $4.72M (+$651K) [Q1 2025]

2.57% less ownership

Funds ownership: 23.24% [Q4 2024] → 20.67% (-2.57%) [Q1 2025]