In Q3 2026, U.S. equities rose modestly with the S&P 500 up 2%. The Alger Concentrated Equity ETF underperformed the Russell 1000 Growth Index despite gains in Information Technology and Communication Services sectors. Top contributors included Microsoft, Natera, and Meta Platforms, while Western Digital, QXO, and Nebius Group detracted from performance. The portfolio was overweight in Utilities and underweight in Financials, reflecting strategic sector positioning amid market conditions.
As of Nov 06, 2026 13:51 WIB, Microsoft trades at USD 531.06 with a 1-day change of -0.91%, while Meta Platforms is priced at USD 601.61, down 0.57% on Pluang. Notably, Natera shows a significant 1-day decline of -14.68%, reflecting volatility in some top contributors mentioned in the commentary. Western Digital, despite detracting from performance, is up 3.77% at USD 277.72, highlighting mixed movements among the ETF's key holdings.
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