THE ALGER PORTFOLIOS | ALGER CAPITAL APPRECIATION PORTFOLIO |
COMMON STOCKS—99.7% (CONT.)
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—1.5%
|
||||||||
Raytheon Technologies Corp.
|
25,416
|
$
|
1,963,894
|
|||||
TransDigm Group, Inc.*
|
12,083
|
7,103,838
|
||||||
9,067,732
|
||||||||
AIR FREIGHT & LOGISTICS—0.5%
|
||||||||
XPO Logistics, Inc.*
|
27,141
|
3,346,485
|
||||||
APPAREL ACCESSORIES & LUXURY GOODS—1.1%
|
||||||||
LVMH Moet Hennessy Louis Vuitton SE
|
10,561
|
7,053,936
|
||||||
APPAREL RETAIL—0.6%
|
||||||||
The TJX Cos., Inc.
|
52,253
|
3,456,536
|
||||||
APPLICATION SOFTWARE—8.6%
|
||||||||
Adobe, Inc.*
|
44,742
|
21,269,005
|
||||||
Autodesk, Inc.*
|
5,214
|
1,445,060
|
||||||
Cadence Design Systems, Inc.*
|
27,725
|
3,798,048
|
||||||
Ceridian HCM Holding, Inc.*
|
13,442
|
1,132,757
|
||||||
Coupa Software, Inc.*
|
1,629
|
414,548
|
||||||
Datadog, Inc., Cl. A*
|
10,601
|
883,487
|
||||||
Five9, Inc.*
|
7,759
|
1,212,964
|
||||||
Intuit, Inc.
|
20,027
|
7,671,543
|
||||||
Nuance Communications, Inc.*
|
10,040
|
438,146
|
||||||
RingCentral, Inc., Cl. A*
|
17,777
|
5,295,413
|
||||||
salesforce.com, Inc.*
|
44,536
|
9,435,842
|
||||||
52,996,813
|
||||||||
AUTOMOBILE MANUFACTURERS—1.5%
|
||||||||
Tesla, Inc.*
|
13,870
|
9,264,189
|
||||||
AUTOMOTIVE RETAIL—1.0%
|
||||||||
Carvana Co., Cl. A*
|
12,992
|
3,409,101
|
||||||
Lithia Motors, Inc., Cl. A
|
6,852
|
2,672,896
|
||||||
6,081,997
|
||||||||
BIOTECHNOLOGY—0.5%
|
||||||||
AbbVie, Inc.
|
6,852
|
741,524
|
||||||
Genmab AS#,*
|
8,622
|
283,060
|
||||||
Vertex Pharmaceuticals, Inc.*
|
9,418
|
2,023,834
|
||||||
3,048,418
|
||||||||
BROADCASTING—0.5%
|
||||||||
Discovery, Inc., Cl. A*
|
70,047
|
3,044,243
|
||||||
CASINOS & GAMING—2.2%
|
||||||||
DraftKings, Inc., Cl. A*
|
82,800
|
5,078,124
|
||||||
Flutter Entertainment PLC*
|
9,416
|
2,019,727
|
||||||
Las Vegas Sands Corp.*
|
55,439
|
3,368,474
|
||||||
MGM Resorts International
|
85,088
|
3,232,493
|
||||||
13,698,818
|
||||||||
CONSTRUCTION MACHINERY & HEAVY TRUCKS—0.1%
|
||||||||
PACCAR, Inc.
|
8,478
|
787,776
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—9.6%
|
||||||||
Fidelity National Information Services, Inc.
|
7,006
|
985,113
|
||||||
Fiserv, Inc.*
|
88,277
|
10,508,494
|
||||||
PayPal Holdings, Inc.*
|
71,308
|
17,316,435
|
||||||
Square, Inc., Cl. A*
|
10,197
|
2,315,229
|
THE ALGER PORTFOLIOS | ALGER CAPITAL APPRECIATION PORTFOLIO |
COMMON STOCKS—99.7% (CONT.)
|
SHARES
|
VALUE
|
DATA PROCESSING & OUTSOURCED SERVICES—9.6% (CONT.)
|
||||||||
Visa, Inc., Cl. A
|
132,470
|
$
|
28,047,873
|
|||||
59,173,144
|
DIVERSIFIED BANKS—1.1%
|
||||||||
Bank of America Corp.
|
115,056
|
4,451,517
|
||||||
JPMorgan Chase & Co.
|
16,288
|
2,479,522
|
||||||
6,931,039
|
||||||||
DIVERSIFIED SUPPORT SERVICES—0.6%
|
||||||||
Cintas Corp.
|
10,790
|
3,682,735
|
||||||
ELECTRICAL COMPONENTS & EQUIPMENT—1.1%
|
||||||||
AMETEK, Inc.
|
22,723
|
2,902,409
|
||||||
Eaton Corp. PLC
|
24,665
|
3,410,676
|
||||||
Sunrun, Inc.*
|
5,373
|
324,959
|
||||||
6,638,044
|
||||||||
ENVIRONMENTAL & FACILITIES SERVICES—0.2%
|
||||||||
Waste Management, Inc.
|
8,630
|
1,113,443
|
||||||
FINANCIAL EXCHANGES & DATA—1.9%
|
||||||||
CME Group, Inc., Cl. A
|
29,243
|
5,972,298
|
||||||
S&P Global, Inc.
|
16,249
|
5,733,784
|
||||||
11,706,082
|
||||||||
FOOD DISTRIBUTORS—1.1%
|
||||||||
Sysco Corp.
|
82,384
|
6,486,916
|
||||||
FOOTWEAR—1.5%
|
||||||||
NIKE, Inc., Cl. B
|
68,661
|
9,124,360
|
||||||
GENERAL MERCHANDISE STORES—0.2%
|
||||||||
Target Corp.
|
5,515
|
1,092,356
|
||||||
HEALTHCARE EQUIPMENT—4.0%
|
||||||||
Boston Scientific Corp.*
|
17,182
|
664,084
|
||||||
Danaher Corp.
|
51,023
|
11,484,257
|
||||||
Dexcom, Inc.*
|
5,529
|
1,987,067
|
||||||
Intuitive Surgical, Inc.*
|
3,773
|
2,788,021
|
||||||
Medtronic PLC
|
63,683
|
7,522,873
|
||||||
24,446,302
|
||||||||
HEALTHCARE SERVICES—0.5%
|
||||||||
Guardant Health, Inc.*
|
18,115
|
2,765,255
|
||||||
HEALTHCARE SUPPLIES—0.7%
|
||||||||
Align Technology, Inc.*
|
8,345
|
4,519,068
|
||||||
HOME IMPROVEMENT RETAIL—0.4%
|
||||||||
Lowe's Cos., Inc.
|
13,617
|
2,589,681
|
||||||
INDUSTRIAL GASES—0.6%
|
||||||||
Air Products & Chemicals, Inc.
|
12,749
|
3,586,804
|
||||||
INTERACTIVE MEDIA & SERVICES—9.7%
|
||||||||
Alphabet, Inc., Cl. C*
|
13,605
|
28,143,711
|
||||||
Facebook, Inc., Cl. A*
|
68,883
|
20,288,110
|
||||||
Pinterest, Inc., Cl. A*
|
113,713
|
8,418,173
|
||||||
Snap, Inc., Cl. A*
|
54,233
|
2,835,844
|
||||||
59,685,838
|
||||||||
INTERNET & DIRECT MARKETING RETAIL—9.3%
|
||||||||
Amazon.com, Inc.*
|
15,519
|
48,017,027
|
THE ALGER PORTFOLIOS | ALGER CAPITAL APPRECIATION PORTFOLIO |
COMMON STOCKS—99.7% (CONT.)
|
SHARES
|
VALUE
|
||||||
INTERNET & DIRECT MARKETING RETAIL—9.3% (CONT.)
|
||||||||
Booking Holdings, Inc.*
|
1,975
|
$
|
4,601,434
|
|||||
Expedia Group, Inc.*
|
13,790
|
2,373,535
|
||||||
MercadoLibre, Inc.*
|
1,477
|
2,174,351
|
||||||
57,166,347
|
||||||||
INTERNET SERVICES & INFRASTRUCTURE—1.9%
|
||||||||
Shopify, Inc., Cl. A*
|
3,340
|
3,695,710
|
||||||
Snowflake, Inc., Cl. A*
|
8,138
|
1,865,881
|
||||||
Twilio, Inc., Cl. A*
|
17,544
|
5,978,293
|
||||||
11,539,884
|
||||||||
INVESTMENT BANKING & BROKERAGE—0.9%
|
||||||||
Morgan Stanley
|
74,486
|
5,784,583
|
||||||
MANAGED HEALTHCARE—1.2%
|
||||||||
UnitedHealth Group, Inc.
|
20,437
|
7,603,995
|
||||||
MOVIES & ENTERTAINMENT—1.7%
|
||||||||
Live Nation Entertainment, Inc.*
|
37,870
|
3,205,696
|
||||||
Netflix, Inc.*
|
10,727
|
5,595,847
|
||||||
The Walt Disney Co.*
|
8,618
|
1,590,193
|
||||||
10,391,736
|
||||||||
PHARMACEUTICALS—0.4%
|
||||||||
Horizon Therapeutics PLC*
|
27,317
|
2,514,257
|
||||||
RAILROADS—0.9%
|
||||||||
Union Pacific Corp.
|
26,483
|
5,837,118
|
||||||
REGIONAL BANKS—0.8%
|
||||||||
Signature Bank
|
20,963
|
4,739,734
|
||||||
RESEARCH & CONSULTING SERVICES—0.5%
|
||||||||
CoStar Group, Inc.*
|
3,847
|
3,161,811
|
||||||
RESTAURANTS—2.1%
|
||||||||
Chipotle Mexican Grill, Inc., Cl. A*
|
3,352
|
4,762,589
|
||||||
Starbucks Corp.
|
74,130
|
8,100,185
|
||||||
12,862,774
|
||||||||
SEMICONDUCTOR EQUIPMENT—2.5%
|
||||||||
Applied Materials, Inc.
|
109,819
|
14,671,818
|
||||||
Enphase Energy, Inc.*
|
6,156
|
998,257
|
||||||
15,670,075
|
||||||||
SEMICONDUCTORS—8.1%
|
||||||||
Advanced Micro Devices, Inc.*
|
60,089
|
4,716,986
|
||||||
Microchip Technology, Inc.
|
21,733
|
3,373,396
|
||||||
Micron Technology, Inc.*
|
76,531
|
6,750,800
|
||||||
NVIDIA Corp.
|
16,733
|
8,934,251
|
||||||
NXP Semiconductors NV
|
34,135
|
6,872,741
|
||||||
QUALCOMM, Inc.
|
74,349
|
9,857,934
|
||||||
Taiwan Semiconductor Manufacturing Co., Ltd.#
|
81,141
|
9,597,357
|
||||||
50,103,465
|
||||||||
SPECIALTY CHEMICALS—0.8%
|
||||||||
The Sherwin-Williams Co.
|
6,524
|
4,814,777
|
||||||
SYSTEMS SOFTWARE—9.9%
|
||||||||
Crowdstrike Holdings, Inc., Cl. A*
|
8,297
|
1,514,285
|
||||||
Microsoft Corp.
|
238,324
|
56,189,650
|
THE ALGER PORTFOLIOS | ALGER CAPITAL APPRECIATION PORTFOLIO |
COMMON STOCKS—99.7% (CONT.)
|
SHARES
|
VALUE
|
||||||
SYSTEMS SOFTWARE—9.9% (CONT.)
|
||||||||
Palo Alto Networks, Inc.*
|
1,663
|
$
|
535,586
|
|||||
ServiceNow, Inc.*
|
6,181
|
3,091,180
|
||||||
61,330,701
|
||||||||
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—5.5%
|
||||||||
Apple, Inc.
|
279,097
|
34,091,698
|
||||||
TRUCKING—0.6%
|
||||||||
Uber Technologies, Inc.*
|
68,624
|
3,740,694
|
||||||
WIRELESS TELECOMMUNICATION SERVICES—1.3%
|
||||||||
T-Mobile US, Inc.*
|
64,450
|
8,074,940
|
||||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $377,836,107)
|
614,816,599
|
|||||||
REAL ESTATE INVESTMENT TRUST—0.3%
|
SHARES
|
VALUE
|
||||||
RETAIL—0.3%
|
||||||||
Simon Property Group, Inc.
|
17,363
|
1,975,389
|
||||||
(Cost $1,619,977)
|
1,975,389
|
|||||||
SPECIAL PURPOSE VEHICLE—0.1%
|
SHARES
|
VALUE
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.1%
|
||||||||
Crosslink Ventures Capital LLC, Cl. A*,@,(a),(b)
|
19
|
475,000
|
||||||
(Cost $475,000)
|
475,000
|
|||||||
Total Investments
|
||||||||
(Cost $379,931,084)
|
100.1
|
%
|
$
|
617,266,988
|
||||
Affiliated Securities (Cost $475,000)
|
475,000
|
|||||||
Unaffiliated Securities (Cost $379,456,084)
|
616,791,988
|
|||||||
Liabilities in Excess of Other Assets
|
(0.1
|
)%
|
(758,172
|
)
|
||||
NET ASSETS
|
100.0
|
%
|
$
|
616,508,816
|
# |
American Depositary Receipts.
|
* |
Non-income producing security.
|
(a)
|
Security is valued in good faith at fair value determined using significant unobservable inputs pursuant to procedures established by the Board.
|
(b)
|
Deemed an affiliate of the Portfolio in accordance with Section 2(a)(3) of the Investment Company Act of 1940. See Note 5 - Affiliated Securities.
|
@
|
Restricted security - Investment in security not registered under the Securities Act of 1933. Sales or transfers of the investment may be restricted
only to qualified buyers.
|
Security
|
Acquisition
Date(s) |
Acquisition
Cost
|
% of net assets
(Acquisition
Date)
|
Market
Value
|
% of net assets
as of
3/31/2021
|
|||||||||||||
Crosslink Ventures Capital LLC, Cl. A | 10/2/20 | $ | 475,000 | 0.08 | % | $ | 475,000 | 0.08 | % | |||||||||
Total |
$ | 475,000 | 0.08 | % |
THE ALGER PORTFOLIOS | ALGER LARGE CAP GROWTH PORTFOLIO |
COMMON STOCKS—96.6%
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—3.0%
|
||||||||
HEICO Corp.
|
78,722
|
$
|
9,903,228
|
|||||
Teledyne Technologies, Inc.*
|
5,720
|
2,366,078
|
||||||
12,269,306
|
||||||||
APPLICATION SOFTWARE—5.7%
|
||||||||
Adobe, Inc.*
|
27,629
|
13,133,998
|
||||||
Bill.com Holdings, Inc.*
|
5,464
|
795,012
|
||||||
Coupa Software, Inc.*
|
7,401
|
1,883,406
|
||||||
Datadog, Inc., Cl. A*
|
40,500
|
3,375,270
|
||||||
DocuSign, Inc., Cl. A*
|
4,744
|
960,423
|
||||||
Paycom Software, Inc.*
|
8,168
|
3,022,650
|
||||||
23,170,759
|
||||||||
AUTOMOBILE MANUFACTURERS—2.6%
|
||||||||
Tesla, Inc.*
|
16,024
|
10,702,910
|
||||||
BIOTECHNOLOGY—0.9%
|
||||||||
Natera, Inc.*
|
34,857
|
3,539,380
|
||||||
BROADCASTING—1.1%
|
||||||||
Discovery, Inc., Cl. A*
|
105,237
|
4,573,600
|
||||||
CASINOS & GAMING—3.4%
|
||||||||
DraftKings, Inc., Cl. A*
|
62,208
|
3,815,217
|
||||||
MGM Resorts International
|
209,320
|
7,952,067
|
||||||
Penn National Gaming, Inc.*
|
18,372
|
1,926,120
|
||||||
13,693,404
|
||||||||
DATA PROCESSING & OUTSOURCED SERVICES—8.7%
|
||||||||
PayPal Holdings, Inc.*
|
54,481
|
13,230,166
|
||||||
Square, Inc., Cl. A*
|
46,420
|
10,539,661
|
||||||
Visa, Inc., Cl. A
|
56,040
|
11,865,349
|
||||||
35,635,176
|
||||||||
DIVERSIFIED BANKS—0.5%
|
||||||||
Wells Fargo & Co.
|
52,802
|
2,062,974
|
||||||
DIVERSIFIED SUPPORT SERVICES—0.7%
|
||||||||
Cintas Corp.
|
8,905
|
3,039,366
|
||||||
FINANCIAL EXCHANGES & DATA—0.2%
|
||||||||
MarketAxess Holdings, Inc.
|
1,988
|
989,865
|
||||||
FOOD DISTRIBUTORS—2.0%
|
||||||||
US Foods Holding Corp.*
|
208,901
|
7,963,306
|
||||||
FOOTWEAR—0.7%
|
||||||||
NIKE, Inc., Cl. B
|
21,582
|
2,868,032
|
||||||
HEALTHCARE EQUIPMENT—5.2%
|
||||||||
Danaher Corp.
|
4,805
|
1,081,509
|
||||||
Dexcom, Inc.*
|
14,217
|
5,109,448
|
||||||
Insulet Corp.*
|
11,624
|
3,032,934
|
||||||
Intuitive Surgical, Inc.*
|
15,948
|
11,784,615
|
||||||
21,008,506
|
||||||||
HEALTHCARE SERVICES—1.3%
|
||||||||
Guardant Health, Inc.*
|
35,828
|
5,469,144
|
||||||
HEALTHCARE TECHNOLOGY—1.3%
|
||||||||
Veeva Systems, Inc., Cl. A*
|
20,007
|
5,226,629
|
THE ALGER PORTFOLIOS | ALGER LARGE CAP GROWTH PORTFOLIO |
COMMON STOCKS—96.6% (CONT.)
|
SHARES
|
VALUE
|
||||||
INTERACTIVE MEDIA & SERVICES—9.7%
|
||||||||
Alphabet, Inc., Cl. C*
|
11,698
|
$
|
24,198,834
|
|||||
Pinterest, Inc., Cl. A*
|
210,379
|
15,574,357
|
||||||
39,773,191
|
||||||||
INTERNET & DIRECT MARKETING RETAIL—7.9%
|
||||||||
Amazon.com, Inc.*
|
7,847
|
24,279,246
|
||||||
MercadoLibre, Inc.*
|
5,275
|
7,765,538
|
||||||
32,044,784
|
||||||||
INTERNET SERVICES & INFRASTRUCTURE—4.0%
|
||||||||
Shopify, Inc., Cl. A*
|
14,879
|
16,463,614
|
||||||
LEISURE FACILITIES—0.8%
|
||||||||
Vail Resorts, Inc.*
|
10,467
|
3,052,805
|
||||||
LIFE SCIENCES TOOLS & SERVICES—2.8%
|
||||||||
10X Genomics, Inc., Cl. A*
|
11,779
|
2,131,999
|
||||||
Bio-Techne Corp.
|
24,111
|
9,208,714
|
||||||
11,340,713
|
||||||||
MOVIES & ENTERTAINMENT—2.2%
|
||||||||
Netflix, Inc.*
|
3,139
|
1,637,491
|
||||||
Roku, Inc., Cl. A*
|
22,984
|
7,487,497
|
||||||
9,124,988
|
||||||||
MUTUAL FUNDS—3.4%
|
||||||||
Alger 25 Fund, Cl. P(a)
|
777,611
|
14,012,559
|
||||||
PHARMACEUTICALS—0.5%
|
||||||||
Catalent, Inc.*
|
19,550
|
2,058,810
|
||||||
REGIONAL BANKS—0.5%
|
||||||||
Signature Bank
|
8,485
|
1,918,459
|
||||||
RESEARCH & CONSULTING SERVICES—1.5%
|
||||||||
CoStar Group, Inc.*
|
7,467
|
6,137,053
|
||||||
RESTAURANTS—0.9%
|
||||||||
Starbucks Corp.
|
33,134
|
3,620,552
|
||||||
SEMICONDUCTOR EQUIPMENT—7.8%
|
||||||||
Applied Materials, Inc.
|
123,785
|
16,537,676
|
||||||
Enphase Energy, Inc.*
|
11,974
|
1,941,704
|
||||||
Lam Research Corp.
|
22,469
|
13,374,447
|
||||||
31,853,827
|
||||||||
SEMICONDUCTORS—6.1%
|
||||||||
Advanced Micro Devices, Inc.*
|
39,199
|
3,077,122
|
||||||
Micron Technology, Inc.*
|
37,649
|
3,321,018
|
||||||
NVIDIA Corp.
|
5,934
|
3,168,341
|
||||||
QUALCOMM, Inc.
|
63,365
|
8,401,565
|
||||||
Taiwan Semiconductor Manufacturing Co., Ltd.#
|
39,340
|
4,653,135
|
||||||
Universal Display Corp.
|
9,057
|
2,144,426
|
||||||
24,765,607
|
||||||||
SYSTEMS SOFTWARE—7.2%
|
||||||||
Crowdstrike Holdings, Inc., Cl. A*
|
25,995
|
4,744,347
|
||||||
Microsoft Corp.
|
87,440
|
20,615,729
|
||||||
ServiceNow, Inc.*
|
8,396
|
4,198,924
|
||||||
29,559,000
|
THE ALGER PORTFOLIOS | ALGER LARGE CAP GROWTH PORTFOLIO |
COMMON STOCKS—96.6% (CONT.)
|
SHARES
|
VALUE
|
||||||
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—4.0%
|
||||||||
Apple, Inc.
|
134,515
|
$
|
16,431,007
|
|||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $286,890,866)
|
394,369,326
|
|||||||
REAL ESTATE INVESTMENT TRUST—2.2%
|
SHARES
|
VALUE
|
||||||
SPECIALIZED—2.2%
|
||||||||
Crown Castle International Corp.
|
51,637
|
8,888,277
|
||||||
(Cost $8,333,838)
|
8,888,277
|
|||||||
SPECIAL PURPOSE VEHICLE—0.5%
|
SHARES
|
VALUE
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.5%
|
||||||||
Crosslink Ventures Capital LLC, Cl. A*,@,(a),(b)
|
76
|
1,900,000
|
||||||
(Cost $1,900,000)
|
1,900,000
|
|||||||
Total Investments
|
||||||||
(Cost $297,124,704)
|
99.3
|
%
|
$
|
405,157,603
|
||||
Affiliated Securities (Cost $10,388,238)
|
15,912,559
|
|||||||
Unaffiliated Securities (Cost $286,736,466)
|
389,245,044
|
|||||||
Other Assets in Excess of Liabilities
|
0.7
|
%
|
3,058,785
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
408,216,388
|
(a)
|
Deemed an affiliate of the Portfolio in accordance with Section
2(a)(3) of the Investment Company Act of 1940. See Note 5 - Affiliated Securities.
|
(b)
|
Security is valued in good faith at fair value determined using significant unobservable inputs pursuant to procedures established by the Board.
|
#
|
American Depositary Receipts.
|
*
|
Non-income producing security.
|
@
|
Restricted security - Investment in security not registered under the Securities Act of 1933. Sales or transfers of the investment may be restricted only to qualified
buyers.
|
Security
|
Acquisition
Date(s) |
Acquisition
Cost
|
% of net assets
(Acquisition
Date)
|
Market
Value
|
% of net assets
as of
3/31/2021
|
|||||||||||||
Crosslink Ventures Capital LLC, Cl. A | 10/2/20 | $ | 1,900,000 |
0.51 | % | $ | 1,900,000 | 0.47 |
% | |||||||||
Total |
$ | 1,900,000 | 0.47 | % |
THE ALGER PORTFOLIOS | ALGER GROWTH & INCOME PORTFOLIO |
COMMON STOCKS—94.3%
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—1.6%
|
||||||||
General Dynamics Corp.
|
1,120
|
$
|
203,347
|
|||||
Raytheon Technologies Corp.
|
2,460
|
190,084
|
||||||
TransDigm Group, Inc.*
|
291
|
171,085
|
||||||
564,516
|
||||||||
ASSET MANAGEMENT & CUSTODY BANKS—3.9%
|
||||||||
BlackRock, Inc., Cl. A
|
935
|
704,952
|
||||||
The Blackstone Group, Inc.
|
6,009
|
447,851
|
||||||
The Carlyle Group, Inc.
|
6,313
|
232,066
|
||||||
1,384,869
|
||||||||
BIOTECHNOLOGY—2.7%
|
||||||||
AbbVie, Inc.
|
4,898
|
530,061
|
||||||
Amgen, Inc.
|
1,086
|
270,208
|
||||||
Gilead Sciences, Inc.
|
2,344
|
151,493
|
||||||
951,762
|
||||||||
BROADCASTING—0.2%
|
||||||||
ViacomCBS, Inc., Cl. B
|
1,856
|
83,706
|
||||||
BUILDING PRODUCTS—0.6%
|
||||||||
Johnson Controls International PLC
|
3,745
|
223,464
|
||||||
CABLE & SATELLITE—1.5%
|
||||||||
Comcast Corp., Cl. A
|
10,027
|
542,561
|
||||||
COMMODITY CHEMICALS—0.4%
|
||||||||
Dow, Inc.
|
2,306
|
147,446
|
||||||
COMMUNICATIONS EQUIPMENT—1.2%
|
||||||||
Cisco Systems, Inc.
|
8,587
|
444,034
|
||||||
CONSTRUCTION MACHINERY & HEAVY TRUCKS—0.2%
|
||||||||
PACCAR, Inc.
|
892
|
82,885
|
||||||
CONSUMER ELECTRONICS—0.6%
|
||||||||
Garmin Ltd.
|
1,756
|
231,529
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—1.3%
|
||||||||
Visa, Inc., Cl. A
|
2,150
|
455,219
|
||||||
DIVERSIFIED BANKS—6.0%
|
||||||||
Bank of America Corp.
|
14,074
|
544,523
|
||||||
JPMorgan Chase & Co.
|
10,579
|
1,610,441
|
||||||
2,154,964
|
||||||||
ELECTRIC UTILITIES—0.7%
|
||||||||
NextEra Energy, Inc.
|
3,539
|
267,584
|
||||||
ELECTRICAL COMPONENTS & EQUIPMENT—1.0%
|
||||||||
Eaton Corp. PLC
|
2,530
|
349,848
|
||||||
FINANCIAL EXCHANGES & DATA—1.3%
|
||||||||
CME Group, Inc., Cl. A
|
2,226
|
454,616
|
||||||
FOOD DISTRIBUTORS—0.7%
|
||||||||
Sysco Corp.
|
3,019
|
237,716
|
||||||
HEALTHCARE EQUIPMENT—0.9%
|
||||||||
Medtronic PLC
|
2,707
|
319,778
|
||||||
HEALTHCARE SERVICES—1.1%
|
||||||||
CVS Health Corp.
|
5,321
|
400,299
|
||||||
HOME IMPROVEMENT RETAIL—3.3%
|
||||||||
The Home Depot, Inc.
|
3,884
|
1,185,591
|
THE ALGER PORTFOLIOS | ALGER GROWTH & INCOME PORTFOLIO |
COMMON STOCKS—94.3% (CONT.)
|
SHARES
|
VALUE
|
||||||
HOUSEHOLD PRODUCTS—1.7%
|
||||||||
The Procter & Gamble Co.
|
4,422
|
$
|
598,871
|
|||||
HYPERMARKETS & SUPER CENTERS—0.9%
|
||||||||
Walmart, Inc.
|
2,250
|
305,617
|
||||||
INDUSTRIAL CONGLOMERATES—2.3%
|
||||||||
Honeywell International, Inc.
|
3,763
|
816,834
|
||||||
INDUSTRIAL GASES—1.3%
|
||||||||
Air Products & Chemicals, Inc.
|
1,614
|
454,083
|
||||||
INTEGRATED OIL & GAS—2.4%
|
||||||||
Chevron Corp.
|
4,105
|
430,163
|
||||||
Exxon Mobil Corp.
|
3,683
|
205,622
|
||||||
TOTAL SE#
|
5,177
|
240,937
|
||||||
876,722
|
||||||||
INTEGRATED TELECOMMUNICATION SERVICES—2.4%
|
||||||||
AT&T, Inc.
|
8,511
|
257,628
|
||||||
Verizon Communications, Inc.
|
10,187
|
592,374
|
||||||
850,002
|
||||||||
INTERACTIVE MEDIA & SERVICES—8.5%
|
||||||||
Alphabet, Inc., Cl. A*
|
543
|
1,119,948
|
||||||
Alphabet, Inc., Cl. C*
|
528
|
1,092,237
|
||||||
Facebook, Inc., Cl. A*
|
2,851
|
839,705
|
||||||
3,051,890
|
||||||||
INTERNET & DIRECT MARKETING RETAIL—2.3%
|
||||||||
Amazon.com, Inc.*
|
269
|
832,308
|
||||||
INVESTMENT BANKING & BROKERAGE—2.7%
|
||||||||
Morgan Stanley
|
12,405
|
963,372
|
||||||
MANAGED HEALTHCARE—2.3%
|
||||||||
UnitedHealth Group, Inc.
|
2,184
|
812,601
|
||||||
MULTI-LINE INSURANCE—0.5%
|
||||||||
The Hartford Financial Services Group, Inc.
|
2,744
|
183,272
|
||||||
MULTI-UTILITIES—0.5%
|
||||||||
Sempra Energy
|
1,469
|
194,760
|
||||||
OIL & GAS STORAGE & TRANSPORTATION—0.4%
|
||||||||
ONEOK, Inc.
|
2,777
|
140,683
|
||||||
PHARMACEUTICALS—6.5%
|
||||||||
AstraZeneca PLC#,(a)
|
4,014
|
199,576
|
||||||
Bristol-Myers Squibb Co.
|
3,721
|
234,907
|
||||||
Eli Lilly & Co.
|
1,471
|
274,812
|
||||||
GlaxoSmithKline PLC#
|
5,249
|
187,337
|
||||||
Johnson & Johnson
|
4,411
|
724,948
|
||||||
Merck & Co., Inc.
|
2,917
|
224,871
|
||||||
Novartis AG#
|
2,256
|
192,843
|
||||||
Pfizer, Inc.
|
7,432
|
269,261
|
||||||
2,308,555
|
||||||||
PROPERTY & CASUALTY INSURANCE—0.5%
|
||||||||
The Progressive Corp.
|
1,775
|
169,708
|
||||||
RAILROADS—0.8%
|
||||||||
Union Pacific Corp.
|
1,322
|
291,382
|
THE ALGER PORTFOLIOS | ALGER GROWTH & INCOME PORTFOLIO |
COMMON STOCKS—94.3% (CONT.)
|
SHARES
|
VALUE
|
||||||
RESTAURANTS—1.4%
|
||||||||
McDonald's Corp.
|
1,220
|
$
|
273,451
|
|||||
Starbucks Corp.
|
2,025
|
221,272
|
||||||
494,723
|
||||||||
SEMICONDUCTOR EQUIPMENT—2.3%
|
||||||||
KLA Corp.
|
2,545
|
840,868
|
||||||
SEMICONDUCTORS—4.5%
|
||||||||
Broadcom, Inc.
|
1,600
|
741,856
|
||||||
QUALCOMM, Inc.
|
3,978
|
527,443
|
||||||
Taiwan Semiconductor Manufacturing Co., Ltd.#
|
2,795
|
330,593
|
||||||
1,599,892
|
||||||||
SOFT DRINKS—2.7%
|
||||||||
PepsiCo, Inc.
|
3,644
|
515,444
|
||||||
The Coca-Cola Co.
|
8,238
|
434,225
|
||||||
949,669
|
||||||||
SYSTEMS SOFTWARE—9.0%
|
||||||||
Microsoft Corp.
|
13,607
|
3,208,122
|
||||||
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—7.7%
|
||||||||
Apple, Inc.
|
22,504
|
2,748,864
|
||||||
TOBACCO—1.5%
|
||||||||
Altria Group, Inc.
|
7,418
|
379,505
|
||||||
Philip Morris International, Inc.
|
1,906
|
169,138
|
||||||
548,643
|
||||||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $13,267,954)
|
33,723,828
|
|||||||
MASTER LIMITED PARTNERSHIP—0.5%
|
SHARES
|
VALUE
|
||||||
OIL & GAS STORAGE & TRANSPORTATION—0.5%
|
||||||||
Cheniere Energy Partners LP
|
4,620
|
191,961
|
||||||
(Cost $152,935)
|
191,961
|
|||||||
REAL ESTATE INVESTMENT TRUST—5.2%
|
SHARES
|
VALUE
|
||||||
HEALTHCARE—0.6%
|
||||||||
Welltower, Inc.
|
2,809
|
201,209
|
||||||
INDUSTRIAL—0.6%
|
||||||||
Americold Realty Trust
|
5,226
|
201,044
|
||||||
MORTGAGE—0.8%
|
||||||||
Blackstone Mortgage Trust, Inc., Cl. A
|
9,401
|
291,431
|
||||||
RETAIL—0.7%
|
||||||||
Simon Property Group, Inc.
|
2,280
|
259,395
|
||||||
SPECIALIZED—2.5%
|
||||||||
Crown Castle International Corp.
|
3,024
|
520,521
|
||||||
CyrusOne, Inc.
|
2,633
|
178,307
|
||||||
Lamar Advertising Co., Cl. A
|
2,090
|
196,293
|
||||||
895,121
|
||||||||
TOTAL REAL ESTATE INVESTMENT TRUST
|
||||||||
(Cost $1,294,114)
|
1,848,200
|
THE ALGER PORTFOLIOS | ALGER GROWTH & INCOME PORTFOLIO |
SHORT—TERM INVESTMENTS—0.6%
|
SHARES
|
VALUE
|
||||||
MONEY MARKET FUND—0.6%
|
||||||||
Invesco Government & Agency Portfolio, Cl. Institutional, 0.10%
|
204,000
|
$
|
204,000
|
|||||
(Cost $204,000)
|
204,000
|
|||||||
Total Investments
|
||||||||
(Cost $14,919,003)
|
100.6
|
%
|
$
|
35,967,989
|
||||
Unaffiliated Securities (Cost $14,919,003)
|
35,967,989
|
|||||||
Liabilities in Excess of Other Assets
|
(0.6
|
)%
|
(204,629
|
)
|
||||
NET ASSETS
|
100.0
|
%
|
$
|
35,763,360
|
#
|
American Depositary Receipts.
|
(a)
|
All or portion of the security is on loan.
|
*
|
Non-income producing security.
|
THE ALGER PORTFOLIOS | ALGER MID CAP GROWTH PORTFOLIO |
COMMON STOCKS—92.5%
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—1.7%
|
||||||||
HEICO Corp.
|
27,619
|
$
|
3,474,470
|
|||||
AIR FREIGHT & LOGISTICS—0.7%
|
||||||||
XPO Logistics, Inc.*
|
12,240
|
1,509,192
|
||||||
APPAREL ACCESSORIES & LUXURY GOODS—3.0%
|
||||||||
Capri Holdings Ltd.*
|
56,987
|
2,906,337
|
||||||
Lululemon Athletica, Inc.*
|
5,715
|
1,752,848
|
||||||
Moncler SpA*
|
26,034
|
1,490,872
|
||||||
6,150,057
|
||||||||
APPAREL RETAIL—0.6%
|
||||||||
Burlington Stores, Inc.*
|
4,340
|
1,296,792
|
||||||
APPLICATION SOFTWARE—14.4%
|
||||||||
ANSYS, Inc.*
|
6,578
|
2,233,626
|
||||||
Atlassian Corp. PLC, Cl. A*
|
4,411
|
929,662
|
||||||
Avalara, Inc.*
|
14,347
|
1,914,320
|
||||||
Bill.com Holdings, Inc.*
|
2,745
|
399,397
|
||||||
Cadence Design Systems, Inc.*
|
11,724
|
1,606,071
|
||||||
Ceridian HCM Holding, Inc.*
|
15,805
|
1,331,887
|
||||||
Coupa Software, Inc.*
|
2,663
|
677,680
|
||||||
Datadog, Inc., Cl. A*
|
22,924
|
1,910,486
|
||||||
Digital Turbine, Inc.*
|
11,123
|
893,844
|
||||||
DocuSign, Inc., Cl. A*
|
15,308
|
3,099,105
|
||||||
Dynatrace, Inc.*
|
31,494
|
1,519,271
|
||||||
Fair Isaac Corp.*
|
3,516
|
1,708,952
|
||||||
Five9, Inc.*
|
17,169
|
2,684,030
|
||||||
MicroStrategy, Inc., Cl. A*
|
941
|
638,751
|
||||||
Paycom Software, Inc.*
|
6,804
|
2,517,888
|
||||||
PTC, Inc.*
|
21,498
|
2,959,200
|
||||||
Sprout Social, Inc., Cl. A*
|
16,304
|
941,719
|
||||||
The Trade Desk, Inc., Cl. A*
|
970
|
632,110
|
||||||
Zendesk, Inc.*
|
5,908
|
783,519
|
||||||
29,381,518
|
||||||||
ASSET MANAGEMENT & CUSTODY BANKS—1.3%
|
||||||||
Silver Spike Acquisition Corp., Cl. A*
|
62,499
|
1,147,482
|
||||||
Soaring Eagle Acquisition Corp.*
|
156,705
|
1,585,854
|
||||||
2,733,336
|
||||||||
AUTOMOTIVE RETAIL—0.7%
|
||||||||
Carvana Co., Cl. A*
|
5,623
|
1,475,475
|
||||||
BIOTECHNOLOGY—3.7%
|
||||||||
DermTech, Inc.*
|
15,908
|
807,967
|
||||||
Exact Sciences Corp.*
|
7,514
|
990,195
|
||||||
Forte Biosciences, Inc.*
|
68,319
|
2,341,292
|
||||||
Invitae Corp.*
|
24,517
|
936,795
|
||||||
Natera, Inc.*
|
24,962
|
2,534,642
|
||||||
7,610,891
|
||||||||
BROADCASTING—0.9%
|
||||||||
Discovery, Inc., Cl. A*
|
43,565
|
1,893,335
|
||||||
CASINOS & GAMING—4.2%
|
||||||||
DraftKings, Inc., Cl. A*
|
38,099
|
2,336,612
|
THE ALGER PORTFOLIOS | ALGER MID CAP GROWTH PORTFOLIO |
COMMON STOCKS—92.5% (CONT.)
|
SHARES
|
VALUE
|
||||||
CASINOS & GAMING—4.2% (CONT.)
|
||||||||
Flutter Entertainment PLC*
|
10,850
|
$
|
2,327,319
|
|||||
MGM Resorts International
|
52,806
|
2,006,100
|
||||||
Penn National Gaming, Inc.*
|
18,599
|
1,949,919
|
||||||
8,619,950
|
||||||||
CONSUMER FINANCE—1.2%
|
||||||||
dMY Technology Group, Inc. II, Cl. A*
|
163,561
|
2,405,982
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—1.5%
|
||||||||
Square, Inc., Cl. A*
|
13,718
|
3,114,672
|
||||||
DIVERSIFIED SUPPORT SERVICES—2.0%
|
||||||||
Cintas Corp.
|
5,719
|
1,951,952
|
||||||
Copart, Inc.*
|
18,905
|
2,053,272
|
||||||
4,005,224
|
||||||||
EDUCATION SERVICES—0.5%
|
||||||||
Chegg, Inc.*
|
12,447
|
1,066,210
|
||||||
ELECTRICAL COMPONENTS & EQUIPMENT—2.1%
|
||||||||
AMETEK, Inc.
|
19,944
|
2,547,447
|
||||||
Generac Holdings, Inc.*
|
5,485
|
1,796,063
|
||||||
4,343,510
|
||||||||
ELECTRONIC EQUIPMENT & INSTRUMENTS—1.4%
|
||||||||
Trimble, Inc.*
|
35,721
|
2,778,737
|
||||||
EXCHANGE TRADED FUNDS—3.4%
|
||||||||
Alger Mid Cap 40 ETF*,(b)
|
346,045
|
6,879,375
|
||||||
FINANCIAL EXCHANGES & DATA—0.3%
|
||||||||
MarketAxess Holdings, Inc.
|
1,033
|
514,351
|
||||||
FOOD DISTRIBUTORS—1.5%
|
||||||||
US Foods Holding Corp.*
|
78,169
|
2,979,802
|
||||||
HEALTHCARE EQUIPMENT—2.9%
|
||||||||
ABIOMED, Inc.*
|
2,425
|
772,920
|
||||||
CryoPort, Inc.*
|
23,768
|
1,236,174
|
||||||
Dexcom, Inc.*
|
2,649
|
952,024
|
||||||
Insulet Corp.*
|
7,832
|
2,043,525
|
||||||
Masimo Corp.*
|
3,918
|
899,808
|
||||||
5,904,451
|
||||||||
HEALTHCARE FACILITIES—0.5%
|
||||||||
The Joint Corp.*
|
21,796
|
1,054,273
|
||||||
HEALTHCARE SERVICES—1.3%
|
||||||||
Guardant Health, Inc.*
|
17,636
|
2,692,135
|
||||||
HEALTHCARE SUPPLIES—1.1%
|
||||||||
Align Technology, Inc.*
|
4,229
|
2,290,130
|
||||||
HEALTHCARE TECHNOLOGY—2.6%
|
||||||||
Teladoc Health, Inc.*
|
10,579
|
1,922,733
|
||||||
Veeva Systems, Inc., Cl. A*
|
12,981
|
3,391,157
|
||||||
5,313,890
|
||||||||
HOMEFURNISHING RETAIL—1.2%
|
||||||||
Williams-Sonoma, Inc.
|
13,197
|
2,364,902
|
||||||
HUMAN RESOURCE & EMPLOYMENT SERVICES—1.2%
|
||||||||
Upwork, Inc.*
|
53,036
|
2,374,422
|
THE ALGER PORTFOLIOS | ALGER MID CAP GROWTH PORTFOLIO |
COMMON STOCKS—92.5% (CONT.)
|
SHARES
|
VALUE
|
||||||
INDUSTRIAL MACHINERY—1.0%
|
||||||||
The Middleby Corp.*
|
11,971
|
$
|
1,984,193
|
|||||
INTERACTIVE MEDIA & SERVICES—3.1%
|
||||||||
Pinterest, Inc., Cl. A*
|
50,794
|
3,760,280
|
||||||
TripAdvisor, Inc.*
|
45,966
|
2,472,511
|
||||||
6,232,791
|
||||||||
INTERNET & DIRECT MARKETING RETAIL—4.3%
|
||||||||
Etsy, Inc.*
|
6,228
|
1,256,001
|
||||||
Expedia Group, Inc.*
|
12,036
|
2,071,636
|
||||||
Farfetch Ltd., Cl. A*
|
31,451
|
1,667,532
|
||||||
Fiverr International Ltd.*
|
2,229
|
484,094
|
||||||
Magnite, Inc.*
|
52,816
|
2,197,674
|
||||||
Quotient Technology, Inc.*
|
68,398
|
1,117,623
|
||||||
8,794,560
|
||||||||
INTERNET SERVICES & INFRASTRUCTURE—2.8%
|
||||||||
BigCommerce Holdings, Inc.*
|
49,095
|
2,837,691
|
||||||
Okta, Inc., Cl. A*
|
6,349
|
1,399,510
|
||||||
Twilio, Inc., Cl. A*
|
4,038
|
1,375,989
|
||||||
5,613,190
|
||||||||
LEISURE FACILITIES—0.8%
|
||||||||
Vail Resorts, Inc.*
|
5,814
|
1,695,711
|
||||||
LEISURE PRODUCTS—0.4%
|
||||||||
Peloton Interactive, Inc., Cl. A*
|
7,677
|
863,202
|
||||||
LIFE SCIENCES TOOLS & SERVICES—3.9%
|
||||||||
10X Genomics, Inc., Cl. A*
|
11,887
|
2,151,547
|
||||||
Bio-Techne Corp.
|
9,952
|
3,800,967
|
||||||
Repligen Corp.*
|
9,989
|
1,941,962
|
||||||
7,894,476
|
||||||||
MOVIES & ENTERTAINMENT—1.9%
|
||||||||
Live Nation Entertainment, Inc.*
|
7,618
|
644,864
|
||||||
Roku, Inc., Cl. A*
|
9,838
|
3,204,925
|
||||||
3,849,789
|
||||||||
PHARMACEUTICALS—1.9%
|
||||||||
Catalent, Inc.*
|
13,451
|
1,416,525
|
||||||
Green Thumb Industries, Inc.*
|
84,625
|
2,511,074
|
||||||
3,927,599
|
||||||||
REGIONAL BANKS—1.5%
|
||||||||
Signature Bank
|
4,968
|
1,123,265
|
||||||
Silvergate Capital Corp., Cl. A*
|
8,347
|
1,186,693
|
||||||
SVB Financial Group*
|
1,531
|
755,793
|
||||||
3,065,751
|
||||||||
RESEARCH & CONSULTING SERVICES—1.2%
|
||||||||
CoStar Group, Inc.*
|
3,038
|
2,496,902
|
||||||
RESTAURANTS—2.5%
|
||||||||
Chipotle Mexican Grill, Inc., Cl. A*
|
1,815
|
2,578,788
|
||||||
Shake Shack, Inc., Cl. A*
|
23,076
|
2,602,281
|
||||||
5,181,069
|
||||||||
SEMICONDUCTOR EQUIPMENT—6.2%
|
||||||||
Enphase Energy, Inc.*
|
9,444
|
1,531,439
|
THE ALGER PORTFOLIOS | ALGER MID CAP GROWTH PORTFOLIO |
COMMON STOCKS—92.5% (CONT.)
|
SHARES
|
VALUE
|
||||||
SEMICONDUCTOR EQUIPMENT—6.2% (CONT.)
|
||||||||
KLA Corp.
|
9,671
|
$
|
3,195,298
|
|||||
Lam Research Corp.
|
5,036
|
2,997,629
|
||||||
MKS Instruments, Inc.
|
8,351
|
1,548,443
|
||||||
SolarEdge Technologies, Inc.*
|
11,910
|
3,423,410
|
||||||
12,696,219
|
||||||||
SEMICONDUCTORS—2.4%
|
||||||||
Advanced Micro Devices, Inc.*
|
13,038
|
1,023,483
|
||||||
Microchip Technology, Inc.
|
13,690
|
2,124,962
|
||||||
Universal Display Corp.
|
7,014
|
1,660,705
|
||||||
4,809,150
|
||||||||
SYSTEMS SOFTWARE—1.0%
|
||||||||
Crowdstrike Holdings, Inc., Cl. A*
|
11,004
|
2,008,340
|
||||||
TRUCKING—1.7%
|
||||||||
Lyft, Inc., Cl. A*
|
15,540
|
981,817
|
||||||
Old Dominion Freight Line, Inc.
|
7,343
|
1,765,331
|
||||||
Uber Technologies, Inc.*
|
12,700
|
692,277
|
||||||
3,439,425
|
||||||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $147,550,445)
|
188,779,449
|
|||||||
PREFERRED STOCKS—0.0%
|
SHARES
|
VALUE
|
||||||
BIOTECHNOLOGY—0.0%
|
||||||||
Prosetta Biosciences, Inc., Series D*,@,(a),(b)
|
170,419
|
25,563
|
||||||
(Cost $766,885)
|
25,563
|
|||||||
WARRANTS—1.7%
|
SHARES
|
VALUE
|
||||||
BIOTECHNOLOGY—1.7%
|
||||||||
Forte Biosciences, Inc., 6/30/21*,@
|
147,399
|
3,494,241
|
||||||
(Cost $0)
|
3,494,241
|
|||||||
RIGHTS—0.1%
|
SHARES
|
VALUE
|
||||||
BIOTECHNOLOGY—0.1%
|
||||||||
Tolero CDR*,@,(a),(c)
|
425,098
|
293,318
|
||||||
(Cost $227,341)
|
293,318
|
|||||||
REAL ESTATE INVESTMENT TRUST—4.4%
|
SHARES
|
VALUE
|
||||||
RETAIL—2.1%
|
||||||||
Simon Property Group, Inc.
|
19,440
|
2,211,689
|
||||||
Tanger Factory Outlet Centers, Inc.
|
140,873
|
2,131,408
|
||||||
4,343,097
|
||||||||
SPECIALIZED—2.3%
|
||||||||
Crown Castle International Corp.
|
26,464
|
4,555,248
|
||||||
TOTAL REAL ESTATE INVESTMENT TRUST
|
||||||||
(Cost $7,539,332)
|
8,898,345
|
|||||||
SPECIAL PURPOSE VEHICLE—0.6%
|
SHARES
|
VALUE
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.6%
|
||||||||
Crosslink Ventures Capital LLC, Cl. A*,@,(a),(b)
|
35
|
875,000
|
THE ALGER PORTFOLIOS | ALGER MID CAP GROWTH PORTFOLIO |
SPECIAL PURPOSE VEHICLE—0.6% (CONT.) | SHARES | VALUE |
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.6% (CONT.) | ||||||||
Crosslink Ventures Capital LLC, Cl. B*,@,(a),(b) | 13 |
$ |
325,000 |
|||||
1,200,000 |
||||||||
TOTAL SPECIAL PURPOSE VEHICLE | ||||||||
(Cost $1,200,000)
|
1,200,000 | |||||||
Total Investments
|
||||||||
(Cost $157,284,003)
|
99.3
|
%
|
$
|
202,690,916
|
||||
Affiliated Securities (Cost $9,011,719)
|
8,104,938
|
|||||||
Unaffiliated Securities (Cost $148,272,284)
|
194,585,978
|
|||||||
Other Assets in Excess of Liabilities
|
0.7
|
%
|
1,326,716
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
204,017,632
|
*
|
Non-income producing security.
|
(a)
|
Security is valued in good faith at fair value determined using significant unobservable inputs pursuant to procedures established by the Board.
|
(b)
|
Deemed an affiliate of the Portfolio in accordance with Section 2(a)(3) of the Investment Company Act of 1940. See Note 5 - Affiliated Securities.
|
(c)
|
Contingent Deferred Rights.
|
@
|
Restricted security - Investment in security not registered under the Securities Act of 1933. Sales or transfers of the investment may be restricted only to qualified
buyers.
|
Security
|
Acquisition
Date(s)
|
Acquisition
Cost
|
% of net assets
(Acquisition
Date)
|
Market
Value
|
% of net assets
as of
3/31/2021
|
|||||||||||||
Crosslink Ventures Capital LLC, Cl. A
|
10/2/20
|
$
|
875,000
|
0.50
|
%
|
$
|
875,000
|
0.43
|
%
|
|||||||||
Crosslink Ventures Capital LLC, Cl. B
|
12/16/20
|
325,000
|
0.18
|
%
|
325,000
|
0.16
|
%
|
|||||||||||
Forte Biosciences, Inc., Warrants
|
2/19/20
|
0
|
0.00
|
%
|
3,494,241
|
1.71
|
%
|
|||||||||||
Prosetta Biosciences, Inc., Series D
|
2/6/15
|
766,885
|
0.50
|
%
|
25,563
|
0.01
|
%
|
|||||||||||
Tolero CDR
|
2/6/17
|
227,341
|
0.18
|
% |
293,318
|
|
0.15 | % |
||||||||||
Total
|
$
|
5,013,122 |
2.46
|
% |
THE ALGER PORTFOLIOS | ALGER WEATHERBIE SPECIALIZED GROWTH PORTFOLIO |
COMMON STOCKS—99.0%
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—1.6%
|
||||||||
Kratos Defense & Security Solutions, Inc.*
|
2,116
|
$
|
57,725
|
|||||
AIR FREIGHT & LOGISTICS—1.4%
|
||||||||
XPO Logistics, Inc.*
|
399
|
49,197
|
||||||
APPAREL ACCESSORIES & LUXURY GOODS—0.3%
|
||||||||
Canada Goose Holdings, Inc.*
|
272
|
10,676
|
||||||
APPAREL RETAIL—0.9%
|
||||||||
MYT Netherlands Parent BV#,*
|
1,171
|
33,093
|
||||||
APPLICATION SOFTWARE—13.8%
|
||||||||
Altair Engineering, Inc., Cl. A*
|
153
|
9,573
|
||||||
BTRS Holdings, Inc.*
|
219
|
3,169
|
||||||
Cerence, Inc.*
|
910
|
81,518
|
||||||
Ebix, Inc.
|
1,426
|
45,675
|
||||||
Everbridge, Inc.*
|
478
|
57,924
|
||||||
LivePerson, Inc.*
|
274
|
14,451
|
||||||
Mimecast Ltd.*
|
406
|
16,325
|
||||||
Paylocity Holding Corp.*
|
930
|
167,242
|
||||||
SEMrush Holdings, Inc., Cl. A*
|
887
|
10,564
|
||||||
SPS Commerce, Inc.*
|
355
|
35,255
|
||||||
Vertex, Inc., Cl. A*
|
2,449
|
53,829
|
||||||
495,525
|
||||||||
ASSET MANAGEMENT & CUSTODY BANKS—5.1%
|
||||||||
Hamilton Lane, Inc., Cl. A
|
1,050
|
92,988
|
||||||
StepStone Group, Inc., Cl. A
|
2,554
|
90,080
|
||||||
183,068
|
||||||||
BIOTECHNOLOGY—9.0%
|
||||||||
ACADIA Pharmaceuticals, Inc.*
|
2,908
|
75,026
|
||||||
Natera, Inc.*
|
1,850
|
187,849
|
||||||
Puma Biotechnology, Inc.*
|
3,808
|
37,014
|
||||||
Ultragenyx Pharmaceutical, Inc.*
|
199
|
22,658
|
||||||
322,547
|
||||||||
CONSUMER FINANCE—6.2%
|
||||||||
LendingTree, Inc.*
|
101
|
21,513
|
||||||
Upstart Holdings, Inc.*
|
1,564
|
201,537
|
||||||
223,050
|
||||||||
EDUCATION SERVICES—5.6%
|
||||||||
Chegg, Inc.*
|
2,337
|
200,187
|
||||||
ELECTRONIC EQUIPMENT & INSTRUMENTS—0.6%
|
||||||||
Novanta, Inc.*
|
170
|
22,421
|
||||||
ENVIRONMENTAL & FACILITIES SERVICES—4.6%
|
||||||||
Casella Waste Systems, Inc., Cl. A*
|
1,531
|
97,326
|
||||||
Montrose Environmental Group, Inc.*
|
1,360
|
68,258
|
||||||
165,584
|
||||||||
GENERAL MERCHANDISE STORES—3.7%
|
||||||||
Ollie's Bargain Outlet Holdings, Inc.*
|
1,549
|
134,763
|
||||||
HEALTHCARE DISTRIBUTORS—1.4%
|
||||||||
PetIQ, Inc., Cl. A*
|
1,462
|
51,550
|
||||||
HEALTHCARE EQUIPMENT—6.7%
|
||||||||
Eargo, Inc.*
|
787
|
39,311
|
THE ALGER PORTFOLIOS | ALGER WEATHERBIE SPECIALIZED GROWTH PORTFOLIO |
COMMON STOCKS—99.0% (CONT.)
|
SHARES
|
VALUE
|
||||||
HEALTHCARE EQUIPMENT—6.7% (CONT.)
Glaukos Corp.*
|
728
|
$
|
61,101
|
|||||
Nevro Corp.*
|
1,004
|
140,058
|
||||||
240,470
|
||||||||
HEALTHCARE FACILITIES—0.1%
US Physical Therapy, Inc.
|
18
|
1,874
|
||||||
HEALTHCARE SUPPLIES—0.4%
Silk Road Medical, Inc.*
|
282
|
14,283
|
||||||
HEALTHCARE TECHNOLOGY—1.9%
Inspire Medical Systems, Inc.*
|
88
|
18,215
|
||||||
Tabula Rasa HealthCare, Inc.*
|
1,097
|
50,517
|
||||||
68,732
|
||||||||
INSURANCE BROKERS—1.6%
Goosehead Insurance, Inc., Cl. A
|
524
|
56,162
|
||||||
IT CONSULTING & OTHER SERVICES—2.7%
Globant SA*
|
461
|
95,708
|
||||||
LEISURE FACILITIES—1.9%
Planet Fitness, Inc., Cl. A*
|
904
|
69,879
|
||||||
LIFE SCIENCES TOOLS & SERVICES—2.5%
NeoGenomics, Inc.*
|
1,893
|
91,299
|
||||||
MANAGED HEALTHCARE—5.7%
Progyny, Inc.*
|
4,592
|
204,390
|
||||||
OIL & GAS EQUIPMENT & SERVICES—2.7%
Core Laboratories NV
|
3,348
|
96,389
|
||||||
PHARMACEUTICALS—0.4%
Aerie Pharmaceuticals, Inc.*
|
839
|
14,993
|
||||||
REAL ESTATE SERVICES—5.9%
FirstService Corp.
|
1,436
|
212,801
|
||||||
REGIONAL BANKS—5.6%
Signature Bank
|
885
|
200,099
|
||||||
RESTAURANTS—0.7%
Wingstop, Inc.
|
189
|
24,035
|
||||||
SEMICONDUCTORS—1.4%
Impinj, Inc.*
|
870
|
49,477
|
||||||
SYSTEMS SOFTWARE—0.8%
Rapid7, Inc.*
|
371
|
27,680
|
||||||
THRIFTS & MORTGAGE FINANCE—1.3%
Axos Financial, Inc.*
|
1,034
|
48,608
|
||||||
TRADING COMPANIES & DISTRIBUTORS—2.5%
SiteOne Landscape Supply, Inc.*
|
536
|
91,517
|
||||||
TOTAL COMMON STOCKS
(Cost $2,585,631)
|
3,557,782
|
|||||||
PREFERRED STOCKS—0.0%
|
SHARES
|
VALUE
|
||||||
BIOTECHNOLOGY—0.0%
Prosetta Biosciences, Inc., Series D*,@,(a),(b)
|
10,615
|
1,592
|
||||||
(Cost $47,768)
|
1,592
|
THE ALGER PORTFOLIOS | ALGER WEATHERBIE SPECIALIZED GROWTH PORTFOLIO |
VALUE
|
||||||||
Total Investments
(Cost $2,633,399)
|
99.0
|
%
|
$
|
3,559,374
|
||||
Affiliated Securities (Cost $47,768)
|
1,592
|
|||||||
Unaffiliated Securities (Cost $2,585,631)
|
3,557,782
|
|||||||
Other Assets in Excess of Liabilities
|
1.0
|
%
|
36,114
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
3,595,488
|
(a)
|
Deemed an affiliate of the Portfolio in accordance with Section 2(a)(3) of the Investment Company Act of 1940. See Note 5 - Affiliated Securities.
|
(b)
|
Security is valued in good faith at fair value determined using significant unobservable inputs pursuant to procedures established by the Board.
|
#
|
American Depositary Receipt.
|
*
|
Non-income producing security.
|
@
|
Restricted security - Investment in security not registered under the Securities Act of 1933. Sales or transfers of the investment may be restricted only to qualified
buyers.
|
Security
|
Acquisition
Date(s) |
Acquisition
Cost
|
% of net assets
(Acquisition
Date)
|
Market
Value
|
% of net assets
as of
3/31/2021
|
|||||||||||||
Prosetta Biosciences, Inc., Series D | 2/6/15 | $ | 47,768 | 0.10 | % | $ | 1,592 |
0.04 |
% | |||||||||
Total |
$ | 1,592 |
0.04 | % |
THE ALGER PORTFOLIOS | ALGER SMALL CAP GROWTH PORTFOLIO |
COMMON STOCKS—95.1%
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—1.2%
|
||||||||
Hexcel Corp.*
|
15,092
|
$
|
845,152
|
|||||
Mercury Systems, Inc.*
|
40,063
|
2,830,451
|
||||||
3,675,603
|
||||||||
AGRICULTURAL & FARM MACHINERY—1.0%
|
||||||||
Hydrofarm Holdings Group, Inc.*
|
49,214
|
2,968,588
|
||||||
ALTERNATIVE CARRIERS—0.9%
|
||||||||
Bandwidth, Inc., Cl. A*
|
21,913
|
2,777,254
|
||||||
APPAREL RETAIL—0.6%
|
||||||||
Burlington Stores, Inc.*
|
6,701
|
2,002,259
|
||||||
APPLICATION SOFTWARE—22.0%
|
||||||||
ACI Worldwide, Inc.*
|
132,823
|
5,053,915
|
||||||
Avalara, Inc.*
|
49,327
|
6,581,702
|
||||||
Benefitfocus, Inc.*
|
31,100
|
429,491
|
||||||
Bill.com Holdings, Inc.*
|
20,762
|
3,020,871
|
||||||
Blackbaud, Inc.*
|
34,526
|
2,454,108
|
||||||
Blackline, Inc.*
|
22,863
|
2,478,349
|
||||||
Coupa Software, Inc.*
|
13,039
|
3,318,165
|
||||||
Everbridge, Inc.*
|
35,508
|
4,302,859
|
||||||
Guidewire Software, Inc.*
|
25,434
|
2,584,857
|
||||||
HubSpot, Inc.*
|
22,030
|
10,006,246
|
||||||
Manhattan Associates, Inc.*
|
32,908
|
3,862,741
|
||||||
Medallia, Inc.*
|
19,649
|
548,011
|
||||||
Paycom Software, Inc.*
|
14,001
|
5,181,210
|
||||||
Q2 Holdings, Inc.*
|
47,621
|
4,771,624
|
||||||
SEMrush Holdings, Inc., Cl. A*
|
46,385
|
552,445
|
||||||
Smartsheet, Inc., Cl. A*
|
37,106
|
2,371,816
|
||||||
Sprout Social, Inc., Cl. A*
|
26,926
|
1,555,246
|
||||||
SPS Commerce, Inc.*
|
39,018
|
3,874,878
|
||||||
Tyler Technologies, Inc.*
|
7,143
|
3,032,418
|
||||||
Vertex, Inc., Cl. A*
|
25,217
|
554,270
|
||||||
Viant Technology, Inc., Cl. A*
|
27,178
|
1,437,444
|
||||||
67,972,666
|
||||||||
ASSET MANAGEMENT & CUSTODY BANKS—1.2%
|
||||||||
Affiliated Managers Group, Inc.
|
24,422
|
3,639,611
|
||||||
BIOTECHNOLOGY—4.5%
|
||||||||
CareDx, Inc.*
|
134,206
|
9,138,086
|
||||||
Exact Sciences Corp.*
|
22,196
|
2,924,989
|
||||||
Karuna Therapeutics, Inc.*
|
7,467
|
897,757
|
||||||
Turning Point Therapeutics, Inc.*
|
10,818
|
1,023,275
|
||||||
13,984,107
|
||||||||
CASINOS & GAMING—3.9%
|
||||||||
DraftKings, Inc., Cl. A*
|
85,549
|
5,246,720
|
||||||
Penn National Gaming, Inc.*
|
63,996
|
6,709,341
|
||||||
11,956,061
|
||||||||
CONSUMER FINANCE—1.1%
|
||||||||
dMY Technology Group, Inc. II, Cl. A*
|
226,421
|
3,330,653
|
||||||
DIVERSIFIED SUPPORT SERVICES—0.4%
|
||||||||
IAA, Inc.*
|
24,352
|
1,342,769
|
THE ALGER PORTFOLIOS | ALGER SMALL CAP GROWTH PORTFOLIO |
COMMON STOCKS—95.1% (CONT.)
|
SHARES
|
VALUE
|
||||||
ELECTRICAL COMPONENTS & EQUIPMENT—1.1%
|
||||||||
Sunrun, Inc.*
|
55,181
|
$
|
3,337,347
|
|||||
ELECTRONIC COMPONENTS—0.6%
|
||||||||
Dolby Laboratories, Inc., Cl. A
|
20,123
|
1,986,543
|
||||||
ELECTRONIC EQUIPMENT & INSTRUMENTS—1.6%
|
||||||||
Cognex Corp.
|
59,569
|
4,943,631
|
||||||
FINANCIAL EXCHANGES & DATA—0.9%
|
||||||||
Tradeweb Markets, Inc., Cl. A
|
36,233
|
2,681,242
|
||||||
FOOD DISTRIBUTORS—1.9%
|
||||||||
The Chefs' Warehouse, Inc.*
|
45,322
|
1,380,508
|
||||||
US Foods Holding Corp.*
|
115,553
|
4,404,881
|
||||||
5,785,389
|
||||||||
HEALTHCARE EQUIPMENT—9.0%
|
||||||||
ABIOMED, Inc.*
|
12,648
|
4,031,297
|
||||||
Cantel Medical Corp.*
|
12,605
|
1,006,383
|
||||||
CryoPort, Inc.*
|
70,234
|
3,652,870
|
||||||
Dexcom, Inc.*
|
10,700
|
3,845,473
|
||||||
Inmode Ltd.*
|
17,051
|
1,233,981
|
||||||
Inogen, Inc.*
|
31,068
|
1,631,691
|
||||||
Insulet Corp.*
|
31,406
|
8,194,454
|
||||||
Mesa Laboratories, Inc.
|
5,284
|
1,286,654
|
||||||
Tandem Diabetes Care, Inc.*
|
34,095
|
3,008,884
|
||||||
27,891,687
|
||||||||
HEALTHCARE FACILITIES—0.5%
|
||||||||
The Joint Corp.*
|
33,766
|
1,633,261
|
||||||
HEALTHCARE SERVICES—2.3%
|
||||||||
1Life Healthcare, Inc.*
|
11,593
|
453,054
|
||||||
Biodesix, Inc.*
|
37,739
|
766,479
|
||||||
Guardant Health, Inc.*
|
33,287
|
5,081,261
|
||||||
Progenity, Inc.*
|
140,639
|
669,442
|
||||||
6,970,236
|
||||||||
HEALTHCARE SUPPLIES—3.5%
|
||||||||
Neogen Corp.*
|
89,354
|
7,942,677
|
||||||
Quidel Corp.*
|
22,772
|
2,913,222
|
||||||
10,855,899
|
||||||||
HEALTHCARE TECHNOLOGY—5.5%
|
||||||||
Teladoc Health, Inc.*
|
17,444
|
3,170,447
|
||||||
Veeva Systems, Inc., Cl. A*
|
34,964
|
9,133,995
|
||||||
Vocera Communications, Inc.*
|
120,362
|
4,629,123
|
||||||
16,933,565
|
||||||||
HOMEFURNISHING RETAIL—0.6%
|
||||||||
Bed Bath & Beyond, Inc.*
|
68,055
|
1,983,803
|
||||||
HYPERMARKETS & SUPER CENTERS—0.9%
|
||||||||
BJ's Wholesale Club Holdings, Inc.*
|
60,058
|
2,694,202
|
||||||
INTERACTIVE HOME ENTERTAINMENT—0.3%
|
||||||||
Take-Two Interactive Software, Inc.*
|
5,900
|
1,042,530
|
||||||
INTERACTIVE MEDIA & SERVICES—1.9%
|
||||||||
Bumble, Inc., Cl. A*
|
4,383
|
273,411
|
||||||
Eventbrite, Inc., Cl. A*
|
79,887
|
1,770,296
|
THE ALGER PORTFOLIOS | ALGER SMALL CAP GROWTH PORTFOLIO |
COMMON STOCKS—95.1% (CONT.)
|
SHARES
|
VALUE
|
||||||
INTERACTIVE MEDIA & SERVICES—1.9% (CONT.)
|
||||||||
TripAdvisor, Inc.*
|
73,587
|
$
|
3,958,245
|
|||||
6,001,952
|
||||||||
INTERNET & DIRECT MARKETING RETAIL—5.2%
|
||||||||
Farfetch Ltd., Cl. A*
|
86,763
|
4,600,174
|
||||||
Fiverr International Ltd.*
|
19,139
|
4,156,608
|
||||||
Magnite, Inc.*
|
121,614
|
5,060,359
|
||||||
The RealReal, Inc.*
|
94,621
|
2,141,273
|
||||||
15,958,414
|
||||||||
INTERNET SERVICES & INFRASTRUCTURE—0.8%
|
||||||||
BigCommerce Holdings, Inc.*
|
40,409
|
2,335,640
|
||||||
LEISURE FACILITIES—0.6%
|
||||||||
Planet Fitness, Inc., Cl. A*
|
24,083
|
1,861,616
|
||||||
LIFE SCIENCES TOOLS & SERVICES—9.8%
|
||||||||
10X Genomics, Inc., Cl. A*
|
18,402
|
3,330,762
|
||||||
Bio-Techne Corp.
|
22,147
|
8,458,604
|
||||||
Maravai LifeSciences Holdings, Inc., Cl. A*
|
22,490
|
801,543
|
||||||
NanoString Technologies, Inc.*
|
98,347
|
6,462,381
|
||||||
NeoGenomics, Inc.*
|
82,395
|
3,973,911
|
||||||
PRA Health Sciences, Inc.*
|
22,887
|
3,509,264
|
||||||
Repligen Corp.*
|
19,034
|
3,700,400
|
||||||
30,236,865
|
||||||||
MANAGED HEALTHCARE—0.7%
|
||||||||
HealthEquity, Inc.*
|
31,422
|
2,136,696
|
||||||
MOVIES & ENTERTAINMENT—0.8%
|
||||||||
Live Nation Entertainment, Inc.*
|
29,410
|
2,489,557
|
||||||
OIL & GAS EXPLORATION & PRODUCTION—1.2%
|
||||||||
Magnolia Oil & Gas Corp., Cl. A*
|
315,313
|
3,619,793
|
||||||
PHARMACEUTICALS—0.2%
|
||||||||
Aerie Pharmaceuticals, Inc.*
|
41,803
|
747,020
|
||||||
REGIONAL BANKS—0.4%
|
||||||||
Webster Financial Corp.
|
21,118
|
1,163,813
|
||||||
RESTAURANTS—2.3%
|
||||||||
Shake Shack, Inc., Cl. A*
|
30,733
|
3,465,760
|
||||||
Wingstop, Inc.
|
27,928
|
3,551,604
|
||||||
7,017,364
|
||||||||
SEMICONDUCTOR EQUIPMENT—0.7%
|
||||||||
SolarEdge Technologies, Inc.*
|
7,735
|
2,223,348
|
||||||
SEMICONDUCTORS—1.0%
|
||||||||
Universal Display Corp.
|
13,354
|
3,161,827
|
||||||
SPECIALTY CHEMICALS—1.5%
|
||||||||
Balchem Corp.
|
37,491
|
4,701,746
|
||||||
SPECIALTY STORES—1.1%
|
||||||||
Five Below, Inc.*
|
9,950
|
1,898,360
|
||||||
Leslie's, Inc.*
|
4,192
|
102,662
|
||||||
Sportsman's Warehouse Holdings, Inc.*
|
72,787
|
1,254,848
|
||||||
3,255,870
|
THE ALGER PORTFOLIOS | ALGER SMALL CAP GROWTH PORTFOLIO |
COMMON STOCKS—95.1% (CONT.)
|
SHARES
|
VALUE
|
||||||
SYSTEMS SOFTWARE—1.4%
Proofpoint, Inc.*
|
33,101
|
$
|
4,163,775
|
|||||
TOTAL COMMON STOCKS
(Cost $127,020,566)
|
293,464,202
|
|||||||
PREFERRED STOCKS—0.0%
|
SHARES
|
VALUE
|
||||||
BIOTECHNOLOGY—0.0%
Prosetta Biosciences, Inc., Series D*,@,(a),(b)
|
75,383
|
11,307
|
||||||
(Cost $339,224)
|
11,307
|
|||||||
RIGHTS—0.0%
|
SHARES
|
VALUE
|
||||||
BIOTECHNOLOGY—0.0%
Tolero CDR*,@,(b),(c)
|
287,830
|
198,603
|
||||||
(Cost $155,594)
|
198,603
|
|||||||
REAL ESTATE INVESTMENT TRUST—1.0%
|
SHARES
|
VALUE
|
||||||
SPECIALIZED—1.0%
Digital Realty Trust, Inc.
|
22,654
|
3,190,589
|
||||||
(Cost $2,892,236)
|
3,190,589
|
|||||||
SPECIAL PURPOSE VEHICLE—0.6%
|
SHARES
|
VALUE
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.6%
Crosslink Ventures Capital LLC, Cl. A*,@,(a),(b)
|
56
|
1,400,000
|
||||||
Crosslink Ventures Capital LLC, Cl. B*,@,(a),(b)
|
12
|
300,000
|
||||||
1,700,000
|
||||||||
TOTAL SPECIAL PURPOSE VEHICLE
(Cost $1,700,000)
|
1,700,000
|
|||||||
Total Investments
(Cost $132,107,620)
|
96.7
|
%
|
$
|
298,564,701
|
||||
Affiliated Securities (Cost $2,039,224)
|
1,711,307
|
|||||||
Unaffiliated Securities (Cost $130,068,396)
|
296,853,394
|
|||||||
Other Assets in Excess of Liabilities
|
3.3
|
%
|
10,077,224
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
308,641,925
|
(a)
|
Deemed an affiliate of the Portfolio in accordance with Section 2(a)(3) of the Investment Company Act of 1940. See Note 5 - Affiliated Securities.
|
(b)
|
Security is valued in good faith at fair value determined using significant unobservable inputs pursuant to procedures established by the Board.
|
(c)
|
Contingent Deferred Rights.
|
*
|
Non-income producing security.
|
@
|
Restricted security - Investment in security not registered under the Securities Act of 1933. Sales or transfers of the investment may be restricted only to qualified
buyers.
|
Security
|
Acquisition
Date(s)
|
Acquisition
Cost
|
% of net assets
(Acquisition
Date)
|
Market
Value
|
% of net assets
as of
3/31/2021
|
|||||||||||||
Crosslink Ventures Capital LLC, Cl. A
|
10/2/20
|
$
|
1,400,000
|
0.49
|
%
|
$
|
1,400,000
|
0.46
|
%
|
|||||||||
Crosslink Ventures Capital LLC, Cl. B
|
12/16/20
|
300,000 | 0.10 |
%
|
300,000
|
0.11
|
%
|
|||||||||||
Prosetta Biosciences, Inc., Series D
|
2/6/15 |
339,224 | 0.10 |
%
|
11,307 |
0.00
|
%
|
|||||||||||
Tolero CDR
|
2/6/17
|
155,594 | 0.08 | % |
198,603 | |
0.05 | % |
||||||||||
Total
|
$
|
1,909,910 | 0.62 |
% |
THE ALGER PORTFOLIOS | ALGER BALANCED PORTFOLIO |
COMMON STOCKS—61.3%
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—1.0%
|
||||||||
General Dynamics Corp.
|
1,083
|
$
|
196,629
|
|||||
Raytheon Technologies Corp.
|
2,371
|
183,207
|
||||||
TransDigm Group, Inc.*
|
290
|
170,497
|
||||||
550,333
|
||||||||
ASSET MANAGEMENT & CUSTODY BANKS—2.5%
|
||||||||
BlackRock, Inc., Cl. A
|
952
|
717,770
|
||||||
The Blackstone Group, Inc.
|
5,831
|
434,584
|
||||||
The Carlyle Group, Inc.
|
6,227
|
228,905
|
||||||
1,381,259
|
||||||||
BIOTECHNOLOGY—1.8%
|
||||||||
AbbVie, Inc.
|
4,877
|
527,789
|
||||||
Amgen, Inc.
|
1,056
|
262,743
|
||||||
Gilead Sciences, Inc.
|
2,516
|
162,609
|
||||||
953,141
|
||||||||
BROADCASTING—0.2%
|
||||||||
ViacomCBS, Inc., Cl. B
|
1,851
|
83,480
|
||||||
BUILDING PRODUCTS—0.4%
|
||||||||
Johnson Controls International PLC
|
3,449
|
205,802
|
||||||
CABLE & SATELLITE—1.0%
|
||||||||
Comcast Corp., Cl. A
|
9,967
|
539,314
|
||||||
COMMODITY CHEMICALS—0.3%
|
||||||||
Dow, Inc.
|
2,258
|
144,376
|
||||||
COMMUNICATIONS EQUIPMENT—0.8%
|
||||||||
Cisco Systems, Inc.
|
8,567
|
443,000
|
||||||
CONSTRUCTION MACHINERY & HEAVY TRUCKS—0.1%
|
||||||||
PACCAR, Inc.
|
868
|
80,655
|
||||||
CONSUMER ELECTRONICS—0.4%
|
||||||||
Garmin Ltd.
|
1,641
|
216,366
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.8%
|
||||||||
Visa, Inc., Cl. A
|
2,140
|
453,102
|
||||||
DIVERSIFIED BANKS—3.9%
|
||||||||
Bank of America Corp.
|
13,900
|
537,791
|
||||||
JPMorgan Chase & Co.
|
10,405
|
1,583,953
|
||||||
2,121,744
|
||||||||
ELECTRIC UTILITIES—0.5%
|
||||||||
NextEra Energy, Inc.
|
3,500
|
264,635
|
||||||
ELECTRICAL COMPONENTS & EQUIPMENT—0.6%
|
||||||||
Eaton Corp. PLC
|
2,452
|
339,063
|
||||||
FINANCIAL EXCHANGES & DATA—0.8%
|
||||||||
CME Group, Inc., Cl. A
|
2,211
|
451,553
|
||||||
FOOD DISTRIBUTORS—0.4%
|
||||||||
Sysco Corp.
|
2,924
|
230,236
|
||||||
HEALTHCARE EQUIPMENT—0.6%
|
||||||||
Medtronic PLC
|
2,696
|
318,478
|
||||||
HEALTHCARE SERVICES—0.7%
|
||||||||
CVS Health Corp.
|
5,182
|
389,842
|
||||||
HOME IMPROVEMENT RETAIL—2.2%
|
||||||||
The Home Depot, Inc.
|
3,857
|
1,177,349
|
THE ALGER PORTFOLIOS | ALGER BALANCED PORTFOLIO |
COMMON STOCKS—61.3% (CONT.)
|
SHARES
|
VALUE
|
||||||
HOUSEHOLD PRODUCTS—1.1%
|
||||||||
The Procter & Gamble Co.
|
4,400
|
$
|
595,892
|
|||||
HYPERMARKETS & SUPER CENTERS—0.6%
|
||||||||
Walmart, Inc.
|
2,320
|
315,126
|
||||||
INDUSTRIAL CONGLOMERATES—1.5%
|
||||||||
Honeywell International, Inc.
|
3,810
|
827,037
|
||||||
INDUSTRIAL GASES—0.8%
|
||||||||
Air Products & Chemicals, Inc.
|
1,573
|
442,548
|
||||||
INTEGRATED OIL & GAS—1.6%
|
||||||||
Chevron Corp.
|
4,047
|
424,085
|
||||||
Exxon Mobil Corp.
|
3,667
|
204,729
|
||||||
TOTAL SE#
|
5,051
|
235,073
|
||||||
863,887
|
||||||||
INTEGRATED TELECOMMUNICATION SERVICES—1.5%
|
||||||||
AT&T, Inc.
|
8,245
|
249,576
|
||||||
Verizon Communications, Inc.
|
10,027
|
583,070
|
||||||
832,646
|
||||||||
INTERACTIVE MEDIA & SERVICES—5.5%
|
||||||||
Alphabet, Inc., Cl. A*
|
536
|
1,105,511
|
||||||
Alphabet, Inc., Cl. C*
|
508
|
1,050,864
|
||||||
Facebook, Inc., Cl. A*
|
2,818
|
829,985
|
||||||
2,986,360
|
||||||||
INTERNET & DIRECT MARKETING RETAIL—1.5%
|
||||||||
Amazon.com, Inc.*
|
269
|
832,307
|
||||||
INVESTMENT BANKING & BROKERAGE—1.8%
|
||||||||
Morgan Stanley
|
12,323
|
957,004
|
||||||
MANAGED HEALTHCARE—1.5%
|
||||||||
UnitedHealth Group, Inc.
|
2,138
|
795,486
|
||||||
MULTI-LINE INSURANCE—0.3%
|
||||||||
The Hartford Financial Services Group, Inc.
|
2,647
|
176,793
|
||||||
MULTI-UTILITIES—0.3%
|
||||||||
Sempra Energy
|
1,387
|
183,888
|
||||||
OIL & GAS STORAGE & TRANSPORTATION—0.3%
|
||||||||
ONEOK, Inc.
|
2,694
|
136,478
|
||||||
PHARMACEUTICALS—4.1%
|
||||||||
AstraZeneca PLC#
|
3,998
|
198,781
|
||||||
Bristol-Myers Squibb Co.
|
3,563
|
224,932
|
||||||
Eli Lilly & Co.
|
1,465
|
273,691
|
||||||
GlaxoSmithKline PLC#
|
5,029
|
179,485
|
||||||
Johnson & Johnson
|
4,248
|
698,159
|
||||||
Merck & Co., Inc.
|
2,793
|
215,313
|
||||||
Novartis AG#
|
2,161
|
184,722
|
||||||
Pfizer, Inc.
|
7,384
|
267,522
|
||||||
2,242,605
|
||||||||
PROPERTY & CASUALTY INSURANCE—0.3%
|
||||||||
The Progressive Corp.
|
1,756
|
167,891
|
||||||
RAILROADS—0.5%
|
||||||||
Union Pacific Corp.
|
1,307
|
288,076
|
THE ALGER PORTFOLIOS | ALGER BALANCED PORTFOLIO |
COMMON STOCKS—61.3% (CONT.)
|
SHARES
|
VALUE
|
||||||
RESTAURANTS—0.9%
McDonald's Corp.
|
1,178
|
$
|
264,037
|
|||||
Starbucks Corp.
|
2,012
|
219,851
|
||||||
483,888
|
||||||||
SEMICONDUCTOR EQUIPMENT—1.5%
KLA Corp.
|
2,479
|
819,062
|
||||||
SEMICONDUCTORS—2.9%
Broadcom, Inc.
|
1,559
|
722,846
|
||||||
QUALCOMM, Inc.
|
3,952
|
523,995
|
||||||
Taiwan Semiconductor Manufacturing Co., Ltd.#
|
2,724
|
322,195
|
||||||
1,569,036
|
||||||||
SOFT DRINKS—1.8%
PepsiCo, Inc.
|
3,622
|
512,332
|
||||||
The Coca-Cola Co.
|
8,431
|
444,398
|
||||||
956,730
|
||||||||
SYSTEMS SOFTWARE—5.9%
Microsoft Corp.
|
13,601
|
3,206,708
|
||||||
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—5.1%
Apple, Inc.
|
22,772
|
2,781,600
|
||||||
TOBACCO—1.0%
Altria Group, Inc.
|
7,090
|
362,725
|
||||||
Philip Morris International, Inc.
|
1,822
|
161,684
|
||||||
524,409
|
||||||||
TOTAL COMMON STOCKS
(Cost $14,866,444)
|
33,329,185
|
|||||||
MASTER LIMITED PARTNERSHIP—0.4%
|
SHARES
|
VALUE
|
||||||
OIL & GAS STORAGE & TRANSPORTATION—0.4%
Cheniere Energy Partners LP
|
4,546
|
188,886
|
||||||
(Cost $150,738)
|
188,886
|
|||||||
REAL ESTATE INVESTMENT TRUST—3.3%
|
SHARES
|
VALUE
|
||||||
HEALTHCARE—0.4%
Welltower, Inc.
|
2,793
|
200,062
|
||||||
INDUSTRIAL—0.3%
Americold Realty Trust
|
4,853
|
186,695
|
||||||
MORTGAGE—0.5%
Blackstone Mortgage Trust, Inc., Cl. A
|
9,169
|
284,239
|
||||||
RETAIL—0.5%
Simon Property Group, Inc.
|
2,271
|
258,372
|
||||||
SPECIALIZED—1.6%
Crown Castle International Corp.
|
2,997
|
515,874
|
||||||
CyrusOne, Inc.
|
2,548
|
172,550
|
||||||
Lamar Advertising Co., Cl. A
|
2,104
|
197,608
|
||||||
886,032
|
||||||||
TOTAL REAL ESTATE INVESTMENT TRUST
(Cost $1,292,320)
|
1,815,400
|
CORPORATE BONDS—30.7% |
PRINCIPAL
AMOUNT
|
VALUE | ||||||
AGRICULTURAL & FARM MACHINERY—3.3% | ||||||||
John Deere Capital Corp., 2.75%, 3/15/22 | 1,750,000 |
1,792,645 |
THE ALGER PORTFOLIOS | ALGER BALANCED PORTFOLIO |
CORPORATE BONDS—30.7% (CONT.)
|
PRINCIPAL
AMOUNT
|
VALUE
|
||||||
AUTOMOBILE MANUFACTURERS—0.9%
|
||||||||
Toyota Motor Credit Corp., 0.45%, 7/22/22
|
500,000
|
$
|
501,058
|
|||||
BIOTECHNOLOGY—1.0%
|
||||||||
AbbVie, Inc., 3.6%, 5/14/25
|
500,000
|
545,021
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.9%
|
||||||||
PayPal Holdings, Inc., 1.35%, 6/1/23
|
500,000
|
509,090
|
||||||
DIVERSIFIED BANKS—3.9%
|
||||||||
JPMorgan Chase & Co., 4.35%, 8/15/21
|
1,000,000
|
1,014,914
|
||||||
Wells Fargo & Co., 3.3%, 9/9/24
|
1,000,000
|
1,080,779
|
||||||
2,095,693
|
||||||||
ELECTRIC UTILITIES—0.9%
|
||||||||
NextEra Energy Capital Holdings, Inc., 0.45%, 2/22/23
|
500,000
|
500,106
|
||||||
INTEGRATED TELECOMMUNICATION SERVICES—2.7%
|
||||||||
Verizon Communications, Inc., 5.15%, 9/15/23
|
1,300,000
|
1,442,445
|
||||||
INVESTMENT BANKING & BROKERAGE—0.9%
|
||||||||
The Goldman Sachs Group, Inc., 0.48%, 1/27/23
|
500,000
|
499,432
|
||||||
PACKAGED FOODS & MEATS—3.8%
|
||||||||
Campbell Soup Co., 2.5%, 8/2/22
|
2,000,000
|
2,056,002
|
||||||
SEMICONDUCTOR EQUIPMENT—1.0%
|
||||||||
KLA Corp., 4.65%, 11/1/24
|
500,000
|
559,010
|
||||||
SEMICONDUCTORS—3.0%
|
||||||||
Altera Corp., 4.1%, 11/15/23
|
1,500,000
|
1,644,154
|
||||||
SPECIALIZED—2.4%
|
||||||||
Crown Castle International Corp., 3.2%, 9/1/24
|
1,200,000
|
1,288,975
|
||||||
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—6.0%
|
||||||||
Apple, Inc., 1.13%, 5/11/25
|
1,200,000
|
1,208,073
|
||||||
HP, Inc., 4.38%, 9/15/21
|
2,000,000
|
2,036,340
|
||||||
3,244,413
|
||||||||
TOTAL CORPORATE BONDS
|
||||||||
(Cost $16,202,860)
|
16,678,044
|
|||||||
Total Investments
(Cost $32,512,362)
|
95.7
|
%
|
$
|
52,011,515
|
||||
Unaffiliated Securities (Cost $32,512,362)
|
52,011,515
|
|||||||
Other Assets in Excess of Liabilities
|
4.3
|
%
|
2,347,805
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
54,359,320
|
#
|
American Depositary Receipts.
|
*
|
Non-income producing security.
|
• |
Level 1 – quoted prices in active markets for identical investments
|
• |
Level 2 – significant other observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)
|
• |
Level 3 – significant unobservable inputs (including the Portfolios’ own assump- tions in determining the fair value of investments)
|
Alger Capital Appreciation Portfolio
|
TOTAL |
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||
COMMON STOCKS
|
||||||||||||||
Communication Services
|
$ |
81,196,757 |
$
|
81,196,757
|
$
|
—
|
$
|
—
|
||||||
Consumer Discretionary
|
122,390,994 |
113,317,331
|
9,073,663
|
—
|
||||||||||
Consumer Staples
|
6,486,916 |
6,486,916
|
—
|
—
|
||||||||||
Financials
|
29,161,438 |
29,161,438
|
—
|
—
|
||||||||||
Healthcare
|
44,897,295 |
44,897,295
|
—
|
—
|
||||||||||
Industrials
|
37,375,838 |
37,375,838
|
—
|
—
|
||||||||||
Information Technology
|
284,905,780 |
284,905,780
|
—
|
—
|
||||||||||
Materials
|
8,401,581 |
8,401,581
|
—
|
—
|
||||||||||
TOTAL COMMON STOCKS
|
$ |
614,816,599 |
$
|
605,742,936
|
$
|
9,073,663
|
$
|
—
|
||||||
REAL ESTATE INVESTMENT TRUST
|
||||||||||||||
Real Estate
|
1,975,389 |
1,975,389
|
—
|
—
|
||||||||||
SPECIAL PURPOSE VEHICLE
|
||||||||||||||
Information Technology
|
475,000 |
—
|
—
|
475,000
|
||||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$ | 617,266,988 |
$
|
607,718,325
|
$
|
9,073,663
|
$
|
475,000
|
Alger Large Cap Growth Portfolio
|
TOTAL
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||
COMMON STOCKS
|
||||||||||||||
Communication Services
|
$ |
53,471,779 |
$
|
53,471,779
|
$
|
—
|
— | |||||||
Consumer Discretionary
|
65,982,487 |
65,982,487
|
— | — | ||||||||||
Consumer Staples
|
7,963,306 |
7,963,306
|
— | — | ||||||||||
Financials
|
4,971,298 |
4,971,298
|
— | |||||||||||
Healthcare
|
48,643,182
|
48,643,182
|
— | — | ||||||||||
Industrials
|
21,445,725
|
21,445,725
|
— | — | ||||||||||
Information Technology
|
177,878,990
|
177,878,990
|
— | — | ||||||||||
Mutual Funds
|
14,012,559
|
14,012,559
|
—
|
— | ||||||||||
TOTAL COMMON STOCKS
|
$ |
394,369,326
|
$
|
394,369,326
|
$
|
—
|
$ |
— | ||||||
REAL ESTATE INVESTMENT TRUST
|
||||||||||||||
Real Estate
|
8,888,277
|
8,888,277
|
— | — | ||||||||||
SPECIAL PURPOSE VEHICLE
|
||||||||||||||
Information Technology
|
1,900,000 |
—
|
—
|
1,900,000 | ||||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$ |
405,157,603 |
$
|
403,257,603
|
$
|
—
|
$ |
1,900,000 |
Alger Growth & Income Portfolio
|
TOTAL
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||
COMMON STOCKS
|
||||||||||||||
Communication Services
|
$
|
4,528,159
|
$
|
4,528,159
|
$
|
—
|
$ |
—
|
||||||
Consumer Discretionary
|
2,744,151
|
2,744,151
|
—
|
—
|
||||||||||
Consumer Staples
|
2,640,516
|
2,640,516
|
—
|
—
|
||||||||||
Energy
|
1,017,405
|
1,017,405
|
—
|
—
|
||||||||||
Financials
|
5,310,801
|
5,310,801
|
—
|
—
|
||||||||||
Healthcare
|
4,792,995
|
4,792,995
|
—
|
—
|
||||||||||
Industrials
|
2,328,929
|
2,328,929
|
—
|
—
|
||||||||||
Information Technology
|
9,296,999
|
9,296,999
|
—
|
—
|
||||||||||
Materials
|
601,529
|
601,529
|
—
|
—
|
||||||||||
Utilities
|
462,344
|
462,344
|
—
|
—
|
||||||||||
TOTAL COMMON STOCKS
|
$
|
33,723,828
|
$
|
33,723,828
|
$
|
—
|
$ |
—
|
Alger Growth & Income Portfolio
|
TOTAL |
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||
MASTER LIMITED PARTNERSHIP
|
||||||||||||||
Energy
|
191,961 |
191,961
|
— | — | ||||||||||
REAL ESTATE INVESTMENT TRUST
|
||||||||||||||
Financials
|
291,431 |
291,431
|
— | — | ||||||||||
Real Estate
|
1,556,769 |
1,556,769
|
— | — | ||||||||||
TOTAL REAL ESTATE INVESTMENT TRUST
|
$ |
1,848,200 |
$
|
1,848,200
|
$
|
— |
$
|
— | ||||||
SHORT—TERM INVESTMENTS
|
||||||||||||||
|
204,000
|
204,000
|
— |
— | ||||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$ |
35,967,989 |
$
|
35,967,989
|
$
|
— |
$
|
— |
Alger Mid Cap Growth Portfolio
|
TOTAL |
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||
COMMON STOCKS
|
||||||||||||||
Communication Services
|
$ |
11,975,915
|
$
|
11,975,915
|
$
|
—
|
$
|
—
|
||||||
Consumer Discretionary
|
37,507,928
|
33,689,737
|
3,818,191
|
—
|
||||||||||
Consumer Staples
|
2,979,802
|
2,979,802
|
—
|
—
|
||||||||||
Exchange Traded Funds
|
6,879,375
|
6,879,375
|
—
|
—
|
||||||||||
Financials
|
8,719,420
|
8,719,420
|
—
|
—
|
||||||||||
Healthcare
|
36,687,845
|
36,687,845
|
—
|
—
|
||||||||||
Industrials
|
23,627,338
|
23,627,338
|
—
|
—
|
||||||||||
Information Technology
|
60,401,826
|
60,401,826
|
—
|
—
|
||||||||||
TOTAL COMMON STOCKS
|
$ |
188,779,449
|
$
|
184,961,258
|
$
|
3,818,191
|
$
|
—
|
||||||
PREFERRED STOCKS
|
||||||||||||||
Healthcare
|
25,563 |
—
|
—
|
25,563
|
||||||||||
WARRANTS
|
||||||||||||||
Healthcare
|
3,494,241 |
—
|
3,494,241
|
—
|
||||||||||
RIGHTS
|
||||||||||||||
Healthcare
|
293,318 |
—
|
—
|
293,318
|
||||||||||
REAL ESTATE INVESTMENT TRUST
|
||||||||||||||
Real Estate
|
8,898,345 |
8,898,345
|
—
|
—
|
||||||||||
SPECIAL PURPOSE VEHICLE
|
||||||||||||||
Information Technology
|
1,200,000 |
—
|
—
|
1,200,000
|
||||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$ |
202,690,916 |
$
|
193,859,603
|
$
|
7,312,432
|
$
|
1,518,881
|
Alger Weatherbie Specialized Growth Portfolio
|
TOTAL |
LEVEL 1 |
LEVEL 2 |
LEVEL 3 |
||||||||||
COMMON STOCKS
|
||||||||||||||
Consumer Discretionary
|
$
|
472,633
|
$
|
472,633
|
$
|
—
|
$ |
—
|
||||||
Energy
|
96,389
|
96,389
|
—
|
—
|
||||||||||
Financials
|
710,987
|
710,987
|
—
|
—
|
||||||||||
Healthcare
|
1,010,138
|
1,010,138
|
—
|
—
|
||||||||||
Industrials
|
364,023
|
364,023
|
—
|
—
|
||||||||||
Information Technology
|
690,811
|
690,811
|
—
|
—
|
||||||||||
Real Estate
|
212,801
|
212,801
|
—
|
—
|
||||||||||
TOTAL COMMON STOCKS
|
$
|
3,557,782
|
$
|
3,557,782
|
$
|
—
|
$ |
—
|
||||||
PREFERRED STOCKS
|
||||||||||||||
Healthcare
|
1,592
|
—
|
—
|
1,592 |
||||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$
|
3,559,374
|
$
|
3,557,782
|
$
|
—
|
$ |
1,592 |
Alger Small Cap Growth Portfolio
|
TOTAL |
LEVEL 1
|
LEVEL 2
|
LEVEL 3 | ||||||||||
COMMON STOCKS
|
||||||||||||||
Communication Services
|
$ |
12,311,293
|
$
|
12,311,293
|
$
|
— | $ |
— | ||||||
Consumer Discretionary
|
44,035,387
|
44,035,387
|
— | — | ||||||||||
Consumer Staples
|
8,479,591
|
8,479,591
|
— | — | ||||||||||
Energy
|
3,619,793
|
3,619,793
|
— | |||||||||||
Financials
|
10,815,319
|
10,815,319
|
— | — | ||||||||||
Healthcare
|
111,389,336
|
111,389,336
|
— | — | ||||||||||
Industrials
|
11,324,307
|
11,324,307
|
— | — | ||||||||||
Information Technology
|
86,787,430
|
86,787,430
|
— | — | ||||||||||
Materials
|
4,701,746
|
4,701,746
|
— | — | ||||||||||
TOTAL COMMON STOCKS
|
$ |
293,464,202
|
$
|
293,464,202
|
$
|
— | $ |
— | ||||||
PREFERRED STOCKS
|
||||||||||||||
Healthcare
|
11,307 |
—
|
— | 11,307 | ||||||||||
RIGHTS
|
||||||||||||||
Healthcare
|
198,603 |
—
|
— | 198,603 | ||||||||||
REAL ESTATE INVESTMENT TRUST
|
||||||||||||||
Real Estate
|
3,190,589
|
3,190,589
|
— | — | ||||||||||
SPECIAL PURPOSE VEHICLE
|
||||||||||||||
Information Technology
|
1,700,000 |
—
|
— | 1,700,000 |
||||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$ |
298,564,701 |
$
|
296,654,791
|
$
|
— | $ |
1,909,910 |
Alger Balanced Portfolio
|
TOTAL |
LEVEL 1
|
LEVEL 2
|
LEVEL 3 | ||||||||||
COMMON STOCKS
|
||||||||||||||
Communication Services
|
$ |
4,441,800
|
$
|
4,441,800
|
$
|
— | $ |
— | ||||||
Consumer Discretionary
|
2,709,910
|
2,709,910
|
— | — | ||||||||||
Consumer Staples
|
2,622,393
|
2,622,393
|
— | — | ||||||||||
Energy
|
1,000,365 |
1,000,365
|
— | |||||||||||
Financials
|
5,256,244
|
5,256,244
|
— | — | ||||||||||
Healthcare
|
4,699,552
|
4,699,552
|
— | — | ||||||||||
Industrials
|
2,290,966
|
2,290,966
|
— | — | ||||||||||
Information Technology
|
9,272,508
|
9,272,508
|
— | — | ||||||||||
Materials
|
586,924
|
586,924
|
— | — | ||||||||||
Utilities
|
448,523
|
448,523
|
— | — | ||||||||||
TOTAL COMMON STOCKS
|
$ |
33,329,185
|
$
|
33,329,185
|
$
|
— | $ |
— | ||||||
MASTER LIMITED PARTNERSHIP
|
||||||||||||||
Energy
|
188,886
|
188,886
|
— | — | ||||||||||
REAL ESTATE INVESTMENT TRUST
|
||||||||||||||
Financials
|
284,239
|
284,239
|
— | — | ||||||||||
Real Estate
|
1,531,161
|
1,531,161
|
— | — | ||||||||||
TOTAL REAL ESTATE INVESTMENT TRUST
|
$ |
1,815,400
|
$
|
1,815,400
|
$
|
— | $ |
— |
Alger Balanced Portfolio
|
TOTAL
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||
CORPORATE BONDS
|
||||||||||||||
Communication Services
|
1,442,445 |
—
|
1,442,445
|
—
|
||||||||||
Consumer Discretionary
|
501,058 |
—
|
501,058
|
—
|
||||||||||
Consumer Staples
|
2,056,002 |
—
|
2,056,002
|
—
|
||||||||||
Financials
|
2,595,125 |
—
|
2,595,125
|
—
|
||||||||||
Healthcare
|
545,021 |
—
|
545,021
|
—
|
||||||||||
Industrials
|
1,792,645 |
—
|
1,792,645
|
—
|
||||||||||
Information Technology
|
5,956,667 |
—
|
5,956,667
|
—
|
||||||||||
Real Estate
|
1,288,975 |
—
|
1,288,975
|
—
|
||||||||||
Utilities
|
500,106 |
—
|
500,106
|
—
|
||||||||||
TOTAL CORPORATE BONDS
|
$ |
16,678,044 |
$
|
—
|
$
|
16,678,044
|
$
|
—
|
||||||
TOTAL INVESTMENTS IN SECURITIES
|
$ |
52,011,515 |
$
|
35,333,471
|
$
|
16,678,044
|
$
|
—
|
FAIR VALUE
MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3) |
||||
Alger Capital Appreciation Portfolio
|
Special Purpose
Vehicle
|
|||
Opening balance at January 1, 2021
|
$ |
475,000 |
||
Transfers into Level 3
|
—
|
|||
Transfers out of Level 3
|
—
|
|||
Total gains or losses
|
||||
Included in net realized gain (loss) on investments
|
—
|
|||
Included in net change in unrealized appreciation (depreciation) on investments
|
—
|
|||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at March 31, 2021
|
475,000 |
|||
Net change in unrealized appreciation (depreciation) attributable to investments still held at March 31, 2021
|
—
|
FAIR VALUE
MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3) |
||||
Alger Large Cap Growth Portfolio
|
Special Purpose
Vehicle
|
|||
Opening balance at January 1, 2021
|
$ |
1,900,000 |
||
Transfers into Level 3
|
—
|
|||
Transfers out of Level 3
|
—
|
|||
Total gains or losses
|
||||
Included in net realized gain (loss) on investments
|
—
|
|||
Included in net change in unrealized appreciation (depreciation) on investments
|
—
|
|||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at March 31, 2021
|
1,900,000 |
|||
Net change in unrealized appreciation (depreciation) attributable to investments still held at March 31, 2021
|
—
|
FAIR VALUE
MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3) |
||||
Alger Mid Cap Growth Portfolio
|
Preferred Stocks |
|||
Opening balance at January 1, 2021
|
$ |
25,563 | ||
Transfers into Level 3
|
—
|
|||
Transfers out of Level 3
|
—
|
|||
Total gains or losses
|
||||
Included in net realized gain (loss) on investments
|
—
|
|||
Included in net change in unrealized appreciation (depreciation) on investments
|
—
|
|||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at March 31, 2021
|
25,563 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at March 31, 2021
|
—
|
Alger Mid Cap Growth Portfolio
|
Rights |
|||
Opening balance at January 1, 2021
|
$ |
293,318 | ||
Transfers into Level 3
|
—
|
|||
Transfers out of Level 3
|
—
|
|||
Total gains or losses
|
||||
Included in net realized gain (loss) on investments
|
—
|
|||
Included in net change in unrealized appreciation (depreciation) on investments
|
—
|
|||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at March 31, 2021
|
293,318 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at March 31, 2021
|
—
|
|
||||
Alger Mid Cap Growth Portfolio
|
Special Purpose
Vehicle
|
|||
Opening balance at January 1, 2021
|
$ |
1,200,000 | ||
Transfers into Level 3
|
—
|
|||
Transfers out of Level 3
|
—
|
|||
Total gains or losses
|
||||
Included in net realized gain (loss) on investments
|
—
|
|||
Included in net change in unrealized appreciation (depreciation) on investments
|
—
|
|||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at March 31, 2021
|
1,200,000 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at March 31, 2021
|
—
|
FAIR VALUE
MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3) |
||||
Alger Weatherbie Specialized Growth Portfolio
|
Preferred Stocks |
|||
Opening balance at January 1, 2021
|
$ |
1,592 | ||
Transfers into Level 3
|
—
|
|||
Transfers out of Level 3
|
—
|
|||
Total gains or losses
|
||||
Included in net realized gain (loss) on investments
|
—
|
|||
Included in net change in unrealized appreciation (depreciation) on investments
|
—
|
|||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at March 31, 2021
|
1,592 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at March 31, 2021
|
—
|
FAIR VALUE
MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3) |
||||
Alger Small Cap Growth Portfolio
|
Preferred Stocks |
|||
Opening balance at January 1, 2021
|
$ |
11,307 | ||
Transfers into Level 3
|
—
|
|||
Transfers out of Level 3
|
—
|
|||
Total gains or losses
|
||||
Included in net realized gain (loss) on investments
|
—
|
|||
Included in net change in unrealized appreciation (depreciation) on investments
|
—
|
|||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at March 31, 2021
|
11,307 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at March 31, 2021
|
—
|
FAIR VALUE
MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3) |
||||
Alger Small Cap Growth Portfolio
|
Rights |
|||
Opening balance at January 1, 2021
|
$ |
198,603 | ||
Transfers into Level 3
|
—
|
|||
Transfers out of Level 3
|
—
|
|||
Total gains or losses
|
||||
Included in net realized gain (loss) on investments
|
—
|
|||
Included in net change in unrealized appreciation (depreciation) on investments
|
—
|
|||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at March 31, 2021
|
198,603 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at March 31, 2021
|
—
|
Alger Small Cap Growth Portfolio
|
Special Purpose
Vehicle
|
|||
Opening balance at January 1, 2021
|
$ |
1,700,000 | ||
Transfers into Level 3
|
—
|
|||
Transfers out of Level 3
|
—
|
|||
Total gains or losses
|
||||
Included in net realized gain (loss) on investments
|
—
|
|||
Included in net change in unrealized appreciation (depreciation) on investments
|
—
|
|||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at March 31, 2021
|
1,700,000 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at March 31, 2021
|
—
|
Fair Value
March 31, 2021
|
Valuation
Methodology
|
Unobservable
Input
|
Input/Range
|
Weighted
Average
|
||||||||||
Alger Capital Appreciation Portfolio
|
|
|||||||||||||
Special Purpose Vehicle
|
475,000 |
Cost Approach |
Priced at Cost |
N/A |
N/A |
|||||||||
Alger Large Cap Growth Portfolio
|
||||||||||||||
Special Purpose Vehicle
|
1,900,000 |
Cost Approach | Priced at Cost |
N/A |
N/A |
Fair Value
March 31, 2021
|
Valuation
Methodology
|
Unobservable
Input
|
Input/Range
|
Weighted
Average
|
||||||||||
Alger Mid Cap Growth Portfolio
|
||||||||||||||
Preferred Stocks
|
25,563 |
Income Approach |
Discount Rate |
72.50%-77.50 | % | N/A |
||||||||
Rights
|
293,318 |
Income Approach | Discount Rate |
3.89%-4.77 |
% |
N/A |
||||||||
Probability of Success |
0.00%-60.00 |
% |
N/A | |||||||||||
Special Purpose Vehicle
|
1,200,000 |
Cost Approach |
Priced at Cost |
N/A |
N/A | |||||||||
Alger Weatherbie Specialized Growth
|
||||||||||||||
Preferred Stocks
|
$ | 1,592 | Income Approach |
Discount Rate |
72.50%-77.50 | % |
N/A |
|||||||
Alger Small Cap Growth Portfolio
|
||||||||||||||
Preferred Stocks
|
$ | 11,307 | Income Approach |
Discount Rate |
72.50%-77.50 | % |
N/A | |||||||
Rights
|
198,603 | Income Approach |
Discount Rate |
3.89%-4.77 |
% |
N/A | ||||||||
Probability of Success | 0.00%-60.00 |
% |
N/A | |||||||||||
Special Purpose Vehicle
|
1,700,000 | Cost Approach | Priced at Cost |
N/A |
N/A |
TOTAL FUND
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
|||||||||||||
Cash and Cash Equivalents:
|
||||||||||||||||
Alger Capital Appreciation Portfolio
|
$
|
(286,539
|
)
|
$
|
(286,539
|
)
|
$
|
—
|
$
|
—
|
||||||
Alger Large Cap Growth Portfolio
|
3,744,081
|
—
|
3,744,081
|
—
|
||||||||||||
Alger Mid Cap Growth Portfolio
|
1,141,737
|
—
|
1,141,737
|
—
|
||||||||||||
Alger Growth & Income Portfolio
|
193,827
|
—
|
193,827
|
—
|
||||||||||||
Collateral on securities loaned
|
204,000
|
—
|
204,000
|
—
|
||||||||||||
Alger Weatherbie Specialized Growth Portfolio
|
45,476
|
—
|
45,476
|
—
|
||||||||||||
Alger Small Cap Growth Portfolio
|
1,492,158
|
—
|
1,492,158
|
—
|
||||||||||||
Alger Balanced Portfolio
|
2,315,581
|
—
|
2,315,581
|
—
|
||||||||||||
Total
|
$
|
8,850,321
|
$
|
(286,539
|
)
|
$
|
9,136,860
|
$
|
—
|
Security
|
Value at
December 31,
2020
|
Purchases/
Conversion
|
Sales/
Conversion
|
Dividend/
Interest
Income
|
Realized
Gain (Loss)
|
Net Change
in
Unrealized
App(Dep)
|
Value at
March 31,
2021
|
|||||||||||||||||||||
Alger Capital Appreciation Portfolio
|
||||||||||||||||||||||||||||
Special Purpose Vehicle
|
||||||||||||||||||||||||||||
Crosslink Ventures Capital LLC,
|
||||||||||||||||||||||||||||
Cl. A
|
$ |
475,000 | $ |
–
|
$ |
–
|
$ |
–
|
$ |
–
|
$ |
–
|
$ |
475,000 | ||||||||||||||
Total
|
$
|
475,000 |
$
|
–
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
475,000 |
Security
|
Value at
December 31,
2020
|
Purchases/
Conversion
|
Sales/
Conversion
|
Dividend/
Interest
Income
|
Realized
Gain (Loss)
|
Net Change
in
Unrealized
App(Dep)
|
Value at
March 31,
2021
|
|||||||||||||||||||||
Alger Large Cap Growth Portfolio
|
||||||||||||||||||||||||||||
Common Stocks |
||||||||||||||||||||||||||||
Alger 25 Fund, Cl. P |
$ |
13,794,828 |
$ |
–
|
$ |
–
|
$ |
–
|
$ |
–
|
$ |
217,731 |
$ |
14,012,559 |
||||||||||||||
Special Purpose Vehicle
|
||||||||||||||||||||||||||||
Crosslink Ventures Capital LLC,
|
||||||||||||||||||||||||||||
Cl. A
|
1,900,000 | $ |
–
|
$ |
–
|
$ |
–
|
$ |
–
|
$ |
–
|
$ |
1,900,000 | |||||||||||||||
Total
|
$
|
15,694,828 |
$
|
–
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
217,731 |
$
|
15,912,559 |
Security
|
Value at
December 31,
2020
|
Purchases/
Conversion
|
Sales/
Conversion
|
Dividend/
Interest
Income
|
Realized
Gain (Loss)
|
Net Change
in
Unrealized
App(Dep)
|
Value at
March 31,
2021
|
|||||||||||||||||||||
Alger Mid Cap Growth Portfolio
|
||||||||||||||||||||||||||||
Common Stocks |
||||||||||||||||||||||||||||
Alger Mid Cap 40 ETF Preferred Stocks Prosetta Biosciences, Inc. |
$ |
–
|
$ |
7,074,371 | $ |
(28,926 | ) |
$ |
–
|
$ |
(611 | ) |
$ |
(165,459 | ) |
$ |
6,879,375 | |||||||||||
Series D |
25,563 |
–
|
–
|
–
|
–
|
–
|
25,563 |
|||||||||||||||||||||
Special Purpose Vehicle
|
||||||||||||||||||||||||||||
Crosslink Ventures Capital LLC, Cl. A
|
875,000 |
–
|
–
|
–
|
–
|
–
|
875,000 |
|||||||||||||||||||||
Crosslink Ventures Capital LLC, Cl. B
|
325,000 | $ |
–
|
$ |
–
|
$ |
–
|
$ |
–
|
$ |
–
|
$ |
325,000 | |||||||||||||||
Total
|
$
|
1,225,563 |
$
|
7,074,371 |
$
|
(28,926 | ) |
$
|
–
|
$
|
(611 | ) |
$
|
(165,459 | ) |
$
|
8,104,938 |
Security
|
Value at
December 31,
2020
|
Purchases/
Conversion
|
Sales/
Conversion
|
Dividend/
Interest
Income
|
Realized
Gain (Loss)
|
Net Change
in
Unrealized
App(Dep)
|
Value at
March 31,
2021
|
|||||||||||||||||||||
Alger Weatherbie Specialized Growth Portfolio
|
||||||||||||||||||||||||||||
Preferred Stocks | ||||||||||||||||||||||||||||
Prosetta Biosciences, Inc. | ||||||||||||||||||||||||||||
Series D | $ |
1,592 | $ |
–
|
$ |
–
|
$ |
–
|
$ |
–
|
$ |
–
|
$ |
1,592 | ||||||||||||||
Total
|
$
|
1,592 |
$
|
–
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
1,592 |
Security
|
Value at
December 31,
2020
|
Purchases/
Conversion
|
Sales/
Conversion
|
Dividend/
Interest
Income
|
Realized
Gain (Loss)
|
Net Change
in
Unrealized
App(Dep)
|
Value at
March 31,
2021
|
|||||||||||||||||||||
Alger Small Cap Growth Portfolio
|
||||||||||||||||||||||||||||
Preferred Stocks | ||||||||||||||||||||||||||||
Prosetta Biosciences, Inc. | ||||||||||||||||||||||||||||
Series D Special Purpose Vehicle
|
$ |
11,307
|
|
$ |
– | $ |
– | $ |
–
|
$ |
–
|
$ |
–
|
$ |
11,307 | |||||||||||||
Crosslink Ventures Capital LLC, Cl. A
|
1,400,000 |
–
|
–
|
–
|
–
|
–
|
1,400,000 | |||||||||||||||||||||
Crosslink Ventures Capital LLC, Cl. B
|
300,000 | $ |
–
|
$ |
–
|
$ |
–
|
$ |
–
|
$ |
–
|
$ |
300,000 | |||||||||||||||
Total
|
$
|
1,711,307 |
$
|
–
|
$
|
–
|
|
$
|
–
|
$
|
–
|
$
|
–
|
|
$
|
1,711,307 |