Alger Concentrated Equity ETF (CNEQ)

• Market cap: $33.4M
• 1 day: 0.30%
• 5 days: 3.74%
• 1 month: 24.56%
• 3 months: -3.89%
• 6 months: 8.24%
• Year to date: 3.10%
• 1 year: 31.24%
• 5 years: 33.91%
• 10 years: 33.91%

Fund manager confidence

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

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

50% more funds holding

Funds holding: 6 [Q4 2024] → 9 (+3) [Q1 2025]

50% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 2

17% more capital invested

Capital invested by funds: $4.04M [Q4 2024] → $4.72M (+$680K) [Q1 2025]

2.39% less ownership

Funds ownership: 23.06% [Q4 2024] → 20.67% (-2.39%) [Q1 2025]