THE ALGER PORTFOLIOS | ALGER CAPITAL APPRECIATION PORTFOLIO |
COMMON STOCKS—98.4%
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—1.6%
|
||||||||
TransDigm Group, Inc.*
|
17,003
|
$
|
10,619,564
|
|||||
AIR FREIGHT & LOGISTICS—0.3%
|
||||||||
GXO Logistics, Inc.*
|
27,754
|
2,177,024
|
||||||
AIRLINES—0.6%
|
||||||||
Delta Air Lines, Inc.*
|
94,981
|
4,047,140
|
||||||
APPAREL ACCESSORIES & LUXURY GOODS—1.7%
|
||||||||
Capri Holdings Ltd.*
|
90,652
|
4,388,463
|
||||||
Lululemon Athletica, Inc.*
|
9,640
|
3,901,308
|
||||||
LVMH Moet Hennessy Louis Vuitton SE
|
3,706
|
2,655,048
|
||||||
10,944,819
|
||||||||
APPLICATION SOFTWARE—9.4%
|
||||||||
Adobe, Inc.*
|
41,274
|
23,762,267
|
||||||
Anaplan, Inc.*
|
11,400
|
694,146
|
||||||
Bill.com Holdings, Inc.*
|
14,814
|
3,954,597
|
||||||
Cadence Design Systems, Inc.*
|
33,379
|
5,054,916
|
||||||
Five9, Inc.*
|
16,986
|
2,713,344
|
||||||
Intuit, Inc.
|
19,189
|
10,352,657
|
||||||
salesforce.com, Inc.*
|
49,470
|
13,417,253
|
||||||
Unity Software, Inc.*
|
10,355
|
1,307,319
|
||||||
61,256,499
|
||||||||
AUTOMOBILE MANUFACTURERS—3.3%
|
||||||||
General Motors Co.*
|
64,660
|
3,408,229
|
||||||
Tesla, Inc.*
|
23,417
|
18,159,415
|
||||||
21,567,644
|
||||||||
AUTOMOTIVE RETAIL—1.5%
|
||||||||
Carvana Co., Cl. A*
|
7,492
|
2,259,138
|
||||||
Lithia Motors, Inc., Cl. A
|
23,473
|
7,441,880
|
||||||
9,701,018
|
||||||||
BIOTECHNOLOGY—1.3%
|
||||||||
Horizon Therapeutics PLC*
|
28,843
|
3,159,462
|
||||||
Natera, Inc.*
|
25,500
|
2,841,720
|
||||||
Novavax, Inc.*
|
11,965
|
2,480,464
|
||||||
8,481,646
|
||||||||
CASINOS & GAMING—2.4%
|
||||||||
DraftKings, Inc., Cl. A*
|
46,561
|
2,242,378
|
||||||
Flutter Entertainment PLC*
|
23,925
|
4,746,113
|
||||||
MGM Resorts International
|
197,625
|
8,527,519
|
||||||
15,516,010
|
||||||||
CONSUMER FINANCE—1.3%
|
||||||||
Upstart Holdings, Inc.*
|
26,704
|
8,450,214
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—7.5%
|
||||||||
PayPal Holdings, Inc.*
|
56,114
|
14,601,424
|
||||||
Square, Inc., Cl. A*
|
36,118
|
8,662,541
|
||||||
Visa, Inc., Cl. A
|
115,453
|
25,717,156
|
||||||
48,981,121
|
||||||||
DIVERSIFIED BANKS—0.3%
|
||||||||
Bank of America Corp.
|
39,790
|
1,689,085
|
THE ALGER PORTFOLIOS | ALGER CAPITAL APPRECIATION PORTFOLIO |
COMMON STOCKS—98.4% (CONT.)
|
SHARES
|
VALUE
|
||||||
DIVERSIFIED SUPPORT SERVICES—0.6%
|
||||||||
Cintas Corp.
|
9,913
|
$
|
3,773,483
|
|||||
ELECTRICAL COMPONENTS & EQUIPMENT—1.1%
|
||||||||
AMETEK, Inc.
|
16,631
|
2,062,410
|
||||||
Eaton Corp. PLC
|
32,571
|
4,863,176
|
||||||
6,925,586
|
||||||||
FINANCIAL EXCHANGES & DATA—1.1%
|
||||||||
CME Group, Inc., Cl. A
|
1,526
|
295,098
|
||||||
S&P Global, Inc.
|
15,952
|
6,777,845
|
||||||
7,072,943
|
||||||||
FOOTWEAR—0.8%
|
||||||||
NIKE, Inc., Cl. B
|
35,246
|
5,118,777
|
||||||
GENERAL MERCHANDISE STORES—0.6%
|
||||||||
Target Corp.
|
16,233
|
3,713,623
|
||||||
HEALTHCARE EQUIPMENT—4.2%
|
||||||||
Danaher Corp.
|
45,326
|
13,799,048
|
||||||
Dexcom, Inc.*
|
5,328
|
2,913,670
|
||||||
Intuitive Surgical, Inc.*
|
6,787
|
6,747,296
|
||||||
Medtronic PLC
|
30,649
|
3,841,852
|
||||||
27,301,866
|
||||||||
HEALTHCARE SERVICES—0.2%
|
||||||||
Guardant Health, Inc.*
|
11,464
|
1,433,115
|
||||||
HEALTHCARE SUPPLIES—0.8%
|
||||||||
Align Technology, Inc.*
|
7,637
|
5,081,889
|
||||||
HEALTHCARE TECHNOLOGY—0.1%
|
||||||||
Doximity, Inc., Cl. A*
|
10,415
|
840,490
|
||||||
HOME IMPROVEMENT RETAIL—0.5%
|
||||||||
Lowe's Cos., Inc.
|
17,449
|
3,539,704
|
||||||
HOTELS RESORTS & CRUISE LINES—0.7%
|
||||||||
Expedia Group, Inc.*
|
26,524
|
4,347,284
|
||||||
INTERACTIVE HOME ENTERTAINMENT—1.9%
|
||||||||
Sea Ltd.#,*
|
28,431
|
9,061,813
|
||||||
Take-Two Interactive Software, Inc.*
|
21,603
|
3,328,374
|
||||||
12,390,187
|
||||||||
INTERACTIVE MEDIA & SERVICES—8.7%
|
||||||||
Alphabet, Inc., Cl. C*
|
12,799
|
34,113,303
|
||||||
Facebook, Inc., Cl. A*
|
26,284
|
8,920,527
|
||||||
Pinterest, Inc., Cl. A*
|
21,026
|
1,071,275
|
||||||
Snap, Inc., Cl. A*
|
167,689
|
12,387,186
|
||||||
56,492,291
|
||||||||
INTERNET & DIRECT MARKETING RETAIL—7.6%
|
||||||||
Amazon.com, Inc.*
|
14,057
|
46,177,807
|
||||||
Global-e Online Ltd.*
|
22,628
|
1,624,690
|
||||||
MercadoLibre, Inc.*
|
1,152
|
1,934,669
|
||||||
49,737,166
|
THE ALGER PORTFOLIOS | ALGER CAPITAL APPRECIATION PORTFOLIO |
COMMON STOCKS—98.4% (CONT.)
|
SHARES
|
VALUE
|
||||||
INTERNET SERVICES & INFRASTRUCTURE—3.2%
|
||||||||
Okta, Inc., Cl. A*
|
4,351
|
$
|
1,032,666
|
|||||
Shopify, Inc., Cl. A*
|
6,962
|
9,438,940
|
||||||
Snowflake, Inc., Cl. A*
|
8,076
|
2,442,425
|
||||||
Twilio, Inc., Cl. A*
|
24,321
|
7,759,615
|
||||||
20,673,646
|
||||||||
INVESTMENT BANKING & BROKERAGE—0.7%
|
||||||||
Morgan Stanley
|
44,428
|
4,323,289
|
||||||
LEISURE FACILITIES—0.5%
|
||||||||
Vail Resorts, Inc.*
|
10,293
|
3,438,377
|
||||||
LIFE SCIENCES TOOLS & SERVICES—0.3%
|
||||||||
Thermo Fisher Scientific, Inc.
|
3,399
|
1,941,951
|
||||||
MANAGED HEALTHCARE—0.9%
|
||||||||
UnitedHealth Group, Inc.
|
14,957
|
5,844,298
|
||||||
MOVIES & ENTERTAINMENT—2.5%
|
||||||||
Live Nation Entertainment, Inc.*
|
85,665
|
7,806,651
|
||||||
Netflix, Inc.*
|
5,333
|
3,254,943
|
||||||
Roku, Inc., Cl. A*
|
17,508
|
5,486,132
|
||||||
16,547,726
|
||||||||
PERSONAL PRODUCTS—0.4%
|
||||||||
The Estee Lauder Cos., Inc., Cl. A
|
8,019
|
2,405,139
|
||||||
PHARMACEUTICALS—0.7%
|
||||||||
Eli Lilly & Co.
|
7,685
|
1,775,619
|
||||||
Zoetis, Inc., Cl. A
|
14,943
|
2,901,034
|
||||||
4,676,653
|
||||||||
RAILROADS—0.6%
|
||||||||
Union Pacific Corp.
|
18,391
|
3,604,820
|
||||||
REGIONAL BANKS—0.9%
|
||||||||
Signature Bank
|
21,581
|
5,876,075
|
||||||
RESTAURANTS—1.8%
|
||||||||
Chipotle Mexican Grill, Inc., Cl. A*
|
3,260
|
5,925,115
|
||||||
Starbucks Corp.
|
54,361
|
5,996,562
|
||||||
11,921,677
|
||||||||
SEMICONDUCTOR EQUIPMENT—1.7%
|
||||||||
Applied Materials, Inc.
|
74,844
|
9,634,668
|
||||||
Enphase Energy, Inc.*
|
7,256
|
1,088,182
|
||||||
SolarEdge Technologies, Inc.*
|
2,350
|
623,267
|
||||||
11,346,117
|
||||||||
SEMICONDUCTORS—6.6%
|
||||||||
Advanced Micro Devices, Inc.*
|
101,330
|
10,426,857
|
||||||
Micron Technology, Inc.
|
27,577
|
1,957,415
|
||||||
NVIDIA Corp.
|
69,840
|
14,468,054
|
||||||
NXP Semiconductors NV
|
8,625
|
1,689,379
|
||||||
QUALCOMM, Inc.
|
76,459
|
9,861,682
|
||||||
Taiwan Semiconductor Manufacturing Co., Ltd.#
|
43,006
|
4,801,620
|
||||||
43,205,007
|
THE ALGER PORTFOLIOS | ALGER CAPITAL APPRECIATION PORTFOLIO |
COMMON STOCKS—98.4% (CONT.)
|
SHARES |
VALUE
|
||||||
SYSTEMS SOFTWARE—11.6%
|
||||||||
Crowdstrike Holdings, Inc., Cl. A*
|
19,269
|
$
|
4,735,935
|
|||||
Microsoft Corp.
|
233,176
|
65,736,978
|
||||||
Palo Alto Networks, Inc.*
|
1,663
|
796,577
|
||||||
ServiceNow, Inc.*
|
6,654
|
4,140,584
|
||||||
75,410,074
|
||||||||
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—4.8%
|
||||||||
Apple, Inc.
|
219,088
|
31,000,952
|
||||||
TRUCKING—0.9%
|
||||||||
Uber Technologies, Inc.*
|
74,339
|
3,330,387
|
||||||
XPO Logistics, Inc.*
|
27,754
|
2,208,664
|
||||||
5,539,051
|
||||||||
WIRELESS TELECOMMUNICATION SERVICES—0.2%
|
||||||||
T-Mobile US, Inc.*
|
10,747
|
1,373,037
|
||||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $402,192,156)
|
640,328,077
|
|||||||
REAL ESTATE INVESTMENT TRUST—0.4%
|
SHARES
|
VALUE
|
||||||
RETAIL—0.4%
|
||||||||
Simon Property Group, Inc.
|
22,807
|
2,964,226
|
||||||
(Cost $2,538,531)
|
2,964,226
|
|||||||
SPECIAL PURPOSE VEHICLE—0.2%
|
SHARES
|
VALUE
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.2%
|
||||||||
Chime Financial, Inc., Series G*,@
|
6,689
|
462,008
|
||||||
Crosslink Ventures Capital LLC, Cl. A*,@,(a),(b)
|
19
|
760,532
|
||||||
1,222,540
|
||||||||
TOTAL SPECIAL PURPOSE VEHICLE
|
||||||||
(Cost $937,008)
|
1,222,540
|
|||||||
Total Investments
|
||||||||
(Cost $405,667,695)
|
99.0
|
%
|
$
|
644,514,843
|
||||
Affiliated Securities (Cost $475,000)
|
760,532
|
|||||||
Unaffiliated Securities (Cost $405,192,695)
|
643,754,311
|
|||||||
Other Assets in Excess of Liabilities
|
1.0
|
%
|
6,463,996
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
650,978,839
|
#
|
American Depositary Receipts.
|
*
|
Non-income producing security.
|
(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.
|
@
|
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.
|
THE ALGER PORTFOLIOS | ALGER CAPITAL APPRECIATION PORTFOLIO |
Security
|
Acquisition
Date(s) |
Acquisition
Cost
|
% of net assets
(Acquisition
Date)
|
Market
Value
|
% of net assets
as of
9/30/2021
|
|||||||||||||
Chime Financial, Inc. | 8/24/21 | $ |
462,008 | 0.07 |
% |
$ |
462,008 | 0.07 |
% |
|||||||||
Crosslink Ventures Capital LLC, Cl. A | 10/2/20 | 475,000 | 0.08 | % | 760,532 |
0.12 | % | |||||||||||
Total |
$ | 1,222,540 | 0.19 | % |
||||||||||||||
THE ALGER PORTFOLIOS | ALGER LARGE CAP GROWTH PORTFOLIO |
COMMON STOCKS—96.4%
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—2.4%
|
||||||||
HEICO Corp.
|
78,722
|
$
|
10,381,070
|
|||||
APPLICATION SOFTWARE—7.0%
|
||||||||
Adobe, Inc.*
|
27,629
|
15,906,568
|
||||||
Bill.com Holdings, Inc.*
|
5,464
|
1,458,615
|
||||||
Coupa Software, Inc.*
|
7,401
|
1,622,151
|
||||||
Datadog, Inc., Cl. A*
|
40,500
|
5,724,675
|
||||||
DocuSign, Inc., Cl. A*
|
4,744
|
1,221,248
|
||||||
Paycom Software, Inc.*
|
8,168
|
4,049,286
|
||||||
29,982,543
|
||||||||
AUTOMOBILE MANUFACTURERS—3.3%
|
||||||||
Tesla, Inc.*
|
18,101
|
14,036,964
|
||||||
BIOTECHNOLOGY—1.4%
|
||||||||
Natera, Inc.*
|
38,959
|
4,341,591
|
||||||
Novavax, Inc.*
|
8,972
|
1,859,985
|
||||||
6,201,576
|
||||||||
CASINOS & GAMING—2.7%
|
||||||||
DraftKings, Inc., Cl. A*
|
58,909
|
2,837,057
|
||||||
MGM Resorts International
|
209,320
|
9,032,158
|
||||||
11,869,215
|
||||||||
DATA PROCESSING & OUTSOURCED SERVICES—8.8%
|
||||||||
PayPal Holdings, Inc.*
|
54,481
|
14,176,501
|
||||||
Square, Inc., Cl. A*
|
46,420
|
11,133,373
|
||||||
Visa, Inc., Cl. A
|
56,040
|
12,482,910
|
||||||
37,792,784
|
||||||||
DIVERSIFIED BANKS—0.6%
|
||||||||
Wells Fargo & Co.
|
52,802
|
2,450,541
|
||||||
DIVERSIFIED SUPPORT SERVICES—0.8%
|
||||||||
Cintas Corp.
|
8,905
|
3,389,777
|
||||||
ELECTRONIC EQUIPMENT & INSTRUMENTS—1.1%
|
||||||||
Teledyne Technologies, Inc.*
|
10,626
|
4,564,717
|
||||||
FINANCIAL EXCHANGES & DATA—0.2%
|
||||||||
MarketAxess Holdings, Inc.
|
1,988
|
836,332
|
||||||
FOOTWEAR—0.7%
|
||||||||
NIKE, Inc., Cl. B
|
20,056
|
2,912,733
|
||||||
HEALTHCARE EQUIPMENT—5.3%
|
||||||||
Danaher Corp.
|
21,476
|
6,538,153
|
||||||
Dexcom, Inc.*
|
14,217
|
7,774,709
|
||||||
Intuitive Surgical, Inc.*
|
8,721
|
8,669,982
|
||||||
22,982,844
|
||||||||
HEALTHCARE SERVICES—1.0%
|
||||||||
Guardant Health, Inc.*
|
34,219
|
4,277,717
|
||||||
HEALTHCARE TECHNOLOGY—1.3%
|
||||||||
Veeva Systems, Inc., Cl. A*
|
20,007
|
5,765,417
|
||||||
INTERACTIVE MEDIA & SERVICES—8.4%
|
||||||||
Alphabet, Inc., Cl. C*
|
9,455
|
25,200,506
|
||||||
Pinterest, Inc., Cl. A*
|
142,811
|
7,276,221
|
||||||
Snap, Inc., Cl. A*
|
51,646
|
3,815,090
|
||||||
36,291,817
|
THE ALGER PORTFOLIOS | ALGER LARGE CAP GROWTH PORTFOLIO |
COMMON STOCKS—96.4% (CONT.)
|
SHARES
|
VALUE
|
||||||
INTERNET & DIRECT MARKETING RETAIL—7.6%
|
||||||||
Amazon.com, Inc.*
|
8,878
|
$
|
29,164,585
|
|||||
MercadoLibre, Inc.*
|
2,058
|
3,456,205
|
||||||
32,620,790
|
||||||||
INTERNET SERVICES & INFRASTRUCTURE—4.6%
|
||||||||
Shopify, Inc., Cl. A*
|
14,618
|
19,818,792
|
||||||
LEISURE FACILITIES—0.8%
|
||||||||
Vail Resorts, Inc.*
|
10,467
|
3,496,501
|
||||||
LIFE SCIENCES TOOLS & SERVICES—3.7%
|
||||||||
10X Genomics, Inc., Cl. A*
|
14,508
|
2,112,075
|
||||||
Avantor, Inc.*
|
56,584
|
2,314,286
|
||||||
Bio-Techne Corp.
|
24,111
|
11,683,467
|
||||||
16,109,828
|
||||||||
MOVIES & ENTERTAINMENT—1.3%
|
||||||||
Netflix, Inc.*
|
3,139
|
1,915,857
|
||||||
Roku, Inc., Cl. A*
|
11,981
|
3,754,247
|
||||||
5,670,104
|
||||||||
MUTUAL FUNDS—3.7%
|
||||||||
Alger 35 ETF*,(a)
|
364,137
|
7,650,955
|
||||||
Alger 35 Fund, Cl. Z(a)
|
410,979
|
8,145,601
|
||||||
15,796,556
|
||||||||
PHARMACEUTICALS—2.2%
|
||||||||
Catalent, Inc.*
|
71,431
|
9,505,323
|
||||||
REGIONAL BANKS—1.1%
|
||||||||
Signature Bank
|
17,350
|
4,724,058
|
||||||
RESEARCH & CONSULTING SERVICES—1.5%
|
||||||||
CoStar Group, Inc.*
|
74,670
|
6,426,100
|
||||||
RESTAURANTS—0.2%
|
||||||||
Starbucks Corp.
|
7,929
|
874,648
|
||||||
SEMICONDUCTOR EQUIPMENT—8.4%
|
||||||||
Applied Materials, Inc.
|
134,322
|
17,291,271
|
||||||
Enphase Energy, Inc.*
|
11,786
|
1,767,546
|
||||||
Lam Research Corp.
|
22,469
|
12,788,231
|
||||||
SolarEdge Technologies, Inc.*
|
16,816
|
4,459,940
|
||||||
36,306,988
|
||||||||
SEMICONDUCTORS—4.7%
|
||||||||
Advanced Micro Devices, Inc.*
|
40,006
|
4,116,618
|
||||||
NVIDIA Corp.
|
56,240
|
11,650,678
|
||||||
Taiwan Semiconductor Manufacturing Co., Ltd.#
|
39,340
|
4,392,311
|
||||||
20,159,607
|
||||||||
SYSTEMS SOFTWARE—7.3%
|
||||||||
Crowdstrike Holdings, Inc., Cl. A*
|
25,995
|
6,389,051
|
||||||
Microsoft Corp.
|
89,435
|
25,213,515
|
||||||
31,602,566
|
||||||||
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—4.3%
|
||||||||
Apple, Inc.
|
131,963
|
18,672,765
|
||||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $291,772,426)
|
415,520,673
|
THE ALGER PORTFOLIOS | ALGER LARGE CAP GROWTH PORTFOLIO |
REAL ESTATE INVESTMENT TRUST—2.0%
|
SHARES
|
VALUE
|
||||||
SPECIALIZED—2.0%
|
||||||||
Crown Castle International Corp.
|
49,166
|
$
|
8,521,451
|
|||||
(Cost $8,002,508)
|
8,521,451
|
|||||||
SPECIAL PURPOSE VEHICLE—0.7%
|
SHARES
|
VALUE
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.7%
|
||||||||
Crosslink Ventures Capital LLC, Cl. A*,@,(a),(b)
|
76
|
3,042,128
|
||||||
(Cost $1,900,000)
|
3,042,128
|
|||||||
Total Investments
|
||||||||
(Cost $301,674,934)
|
99.1
|
%
|
$
|
427,084,252
|
||||
Affiliated Securities (Cost $14,416,500)
|
18,838,684
|
|||||||
Unaffiliated Securities (Cost $287,258,434)
|
408,245,568
|
|||||||
Other Assets in Excess of Liabilities
|
0.9
|
%
|
3,710,553
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
430,794,805
|
(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
9/30/2021
|
|||||||||||||
Crosslink Ventures Capital LLC, Cl. A | 10/2/20 | $ | 1,900,000 |
0.51 | % | $ | 3,042,128 |
0.71 |
% | |||||||||
Total |
$ | 3,042,128 | 0.71 | % |
THE ALGER PORTFOLIOS | ALGER GROWTH & INCOME PORTFOLIO |
COMMON STOCKS—94.2%
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—1.5%
|
||||||||
General Dynamics Corp.
|
1,038
|
$
|
203,479
|
|||||
Raytheon Technologies Corp.
|
2,312
|
198,740
|
||||||
TransDigm Group, Inc.*
|
291
|
181,750
|
||||||
583,969
|
||||||||
ASSET MANAGEMENT & CUSTODY BANKS—4.3%
|
||||||||
BlackRock, Inc., Cl. A
|
935
|
784,147
|
||||||
Blackstone, Inc.
|
5,680
|
660,812
|
||||||
The Carlyle Group, Inc.
|
4,015
|
189,829
|
||||||
1,634,788
|
||||||||
AUTOMOBILE MANUFACTURERS—0.2%
|
||||||||
General Motors Co.*
|
1,462
|
77,062
|
||||||
BIOTECHNOLOGY—2.3%
|
||||||||
AbbVie, Inc.
|
5,196
|
560,492
|
||||||
Amgen, Inc.
|
747
|
158,850
|
||||||
Gilead Sciences, Inc.
|
2,344
|
163,728
|
||||||
883,070
|
||||||||
BROADCASTING—0.2%
|
||||||||
ViacomCBS, Inc., Cl. B
|
1,856
|
73,331
|
||||||
BUILDING PRODUCTS—0.6%
|
||||||||
Johnson Controls International PLC
|
3,458
|
235,421
|
||||||
CABLE & SATELLITE—1.5%
|
||||||||
Comcast Corp., Cl. A
|
9,837
|
550,183
|
||||||
COMMODITY CHEMICALS—0.4%
|
||||||||
Dow, Inc.
|
2,306
|
132,733
|
||||||
COMMUNICATIONS EQUIPMENT—1.2%
|
||||||||
Cisco Systems, Inc.
|
8,587
|
467,390
|
||||||
CONSUMER ELECTRONICS—0.7%
|
||||||||
Garmin Ltd.
|
1,648
|
256,198
|
||||||
COPPER—0.4%
|
||||||||
Southern Copper Corp.
|
2,680
|
150,455
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—1.3%
|
||||||||
Visa, Inc., Cl. A
|
2,150
|
478,913
|
||||||
DIVERSIFIED BANKS—5.9%
|
||||||||
Bank of America Corp.
|
14,074
|
597,441
|
||||||
JPMorgan Chase & Co.
|
9,946
|
1,628,061
|
||||||
2,225,502
|
||||||||
ELECTRIC UTILITIES—0.7%
|
||||||||
NextEra Energy, Inc.
|
3,539
|
277,882
|
||||||
ELECTRICAL COMPONENTS & EQUIPMENT—1.0%
|
||||||||
Eaton Corp. PLC
|
2,530
|
377,754
|
||||||
FINANCIAL EXCHANGES & DATA—1.1%
|
||||||||
CME Group, Inc., Cl. A
|
2,174
|
420,408
|
||||||
FOOD DISTRIBUTORS—0.6%
|
||||||||
Sysco Corp.
|
2,880
|
226,080
|
||||||
HEALTHCARE EQUIPMENT—0.9%
|
||||||||
Medtronic PLC
|
2,707
|
339,322
|
||||||
HEALTHCARE SERVICES—1.2%
|
||||||||
CVS Health Corp.
|
5,321
|
451,540
|
THE ALGER PORTFOLIOS | ALGER GROWTH & INCOME PORTFOLIO |
COMMON STOCKS—94.2% (CONT.)
|
SHARES
|
VALUE
|
||||||
HOME IMPROVEMENT RETAIL—2.9%
|
||||||||
The Home Depot, Inc.
|
3,360
|
$
|
1,102,954
|
|||||
HOUSEHOLD PRODUCTS—1.6%
|
||||||||
The Procter & Gamble Co.
|
4,312
|
602,818
|
||||||
HYPERMARKETS & SUPER CENTERS—0.8%
|
||||||||
Walmart, Inc.
|
2,250
|
313,605
|
||||||
INDUSTRIAL CONGLOMERATES—2.1%
|
||||||||
Honeywell International, Inc.
|
3,704
|
786,285
|
||||||
INDUSTRIAL GASES—1.0%
|
||||||||
Air Products & Chemicals, Inc.
|
1,491
|
381,860
|
||||||
INTEGRATED OIL & GAS—2.3%
|
||||||||
Chevron Corp.
|
4,105
|
416,452
|
||||||
Exxon Mobil Corp.
|
3,683
|
216,634
|
||||||
TotalEnergies SE#
|
4,994
|
239,363
|
||||||
872,449
|
||||||||
INTEGRATED TELECOMMUNICATION SERVICES—2.1%
|
||||||||
AT&T, Inc.
|
8,511
|
229,882
|
||||||
Verizon Communications, Inc.
|
10,187
|
550,200
|
||||||
780,082
|
||||||||
INTERACTIVE MEDIA & SERVICES—10.1%
|
||||||||
Alphabet, Inc., Cl. A*
|
543
|
1,451,721
|
||||||
Alphabet, Inc., Cl. C*
|
528
|
1,407,284
|
||||||
Facebook, Inc., Cl. A*
|
2,851
|
967,601
|
||||||
3,826,606
|
||||||||
INTERNET & DIRECT MARKETING RETAIL—2.3%
|
||||||||
Amazon.com, Inc.*
|
269
|
883,676
|
||||||
INVESTMENT BANKING & BROKERAGE—3.1%
|
||||||||
Morgan Stanley
|
12,056
|
1,173,169
|
||||||
MANAGED HEALTHCARE—2.2%
|
||||||||
UnitedHealth Group, Inc.
|
2,089
|
816,256
|
||||||
MULTI-LINE INSURANCE—0.5%
|
||||||||
The Hartford Financial Services Group, Inc.
|
2,744
|
192,766
|
||||||
MULTI-UTILITIES—0.5%
|
||||||||
Sempra Energy
|
1,469
|
185,829
|
||||||
OIL & GAS STORAGE & TRANSPORTATION—0.4%
|
||||||||
ONEOK, Inc.
|
2,777
|
161,038
|
||||||
PHARMACEUTICALS—6.1%
|
||||||||
AstraZeneca PLC#
|
4,014
|
241,081
|
||||||
Bristol-Myers Squibb Co.
|
3,469
|
205,261
|
||||||
Eli Lilly & Co.
|
1,147
|
265,014
|
||||||
GlaxoSmithKline PLC#
|
5,249
|
200,564
|
||||||
Johnson & Johnson
|
4,120
|
665,380
|
||||||
Merck & Co., Inc.
|
2,917
|
219,096
|
||||||
Novartis AG#
|
2,100
|
171,738
|
||||||
Pfizer, Inc.
|
7,432
|
319,650
|
||||||
2,287,784
|
||||||||
RAILROADS—0.7%
|
||||||||
Union Pacific Corp.
|
1,257
|
246,385
|
THE ALGER PORTFOLIOS | ALGER GROWTH & INCOME PORTFOLIO |
COMMON STOCKS—94.2% (CONT.)
|
SHARES
|
VALUE
|
||||||
RESTAURANTS—1.3%
|
||||||||
McDonald's Corp.
|
1,151
|
$
|
277,517
|
|||||
Starbucks Corp.
|
2,025
|
223,378
|
||||||
500,895
|
||||||||
SEMICONDUCTOR EQUIPMENT—2.3%
|
||||||||
KLA Corp.
|
2,545
|
851,328
|
||||||
SEMICONDUCTORS—4.2%
|
||||||||
Broadcom, Inc.
|
1,600
|
775,888
|
||||||
QUALCOMM, Inc.
|
3,978
|
513,082
|
||||||
Taiwan Semiconductor Manufacturing Co., Ltd.#
|
2,795
|
312,062
|
||||||
1,601,032
|
||||||||
SOFT DRINKS—2.6%
|
||||||||
PepsiCo, Inc.
|
3,644
|
548,094
|
||||||
The Coca-Cola Co.
|
8,238
|
432,248
|
||||||
980,342
|
||||||||
SYSTEMS SOFTWARE—9.8%
|
||||||||
Microsoft Corp.
|
13,119
|
3,698,509
|
||||||
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—8.1%
|
||||||||
Apple, Inc.
|
21,506
|
3,043,099
|
||||||
TOBACCO—1.2%
|
||||||||
Altria Group, Inc.
|
5,586
|
254,274
|
||||||
Philip Morris International, Inc.
|
1,906
|
180,670
|
||||||
434,944
|
||||||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $12,879,895)
|
35,565,712
|
|||||||
MASTER LIMITED PARTNERSHIP—0.5%
|
SHARES
|
VALUE
|
||||||
OIL & GAS STORAGE & TRANSPORTATION—0.5%
|
||||||||
Cheniere Energy Partners LP
|
4,620
|
187,895
|
||||||
(Cost $152,935)
|
187,895
|
|||||||
REAL ESTATE INVESTMENT TRUST—5.1%
|
SHARES
|
VALUE
|
||||||
HEALTHCARE—0.6%
|
||||||||
Welltower, Inc.
|
2,809
|
231,462
|
||||||
INDUSTRIAL—0.4%
|
||||||||
Americold Realty Trust
|
5,226
|
151,815
|
||||||
MORTGAGE—0.7%
|
||||||||
Blackstone Mortgage Trust, Inc., Cl. A
|
9,107
|
276,124
|
||||||
RETAIL—0.8%
|
||||||||
Simon Property Group, Inc.
|
2,280
|
296,332
|
||||||
SPECIALIZED—2.6%
|
||||||||
Crown Castle International Corp.
|
3,024
|
524,120
|
||||||
CyrusOne, Inc.
|
2,633
|
203,821
|
||||||
Lamar Advertising Co., Cl. A
|
2,090
|
237,110
|
||||||
965,051
|
||||||||
TOTAL REAL ESTATE INVESTMENT TRUST
|
||||||||
(Cost $1,284,736)
|
1,920,784
|
THE ALGER PORTFOLIOS | ALGER GROWTH & INCOME PORTFOLIO |
VALUE
|
||||||||
Total Investments
|
||||||||
(Cost $14,317,566)
|
99.8
|
%
|
$
|
37,674,391
|
||||
Unaffiliated Securities (Cost $14,317,566)
|
37,674,391
|
|||||||
Other Assets in Excess of Liabilities
|
0.2
|
%
|
92,305
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
37,766,696
|
#
|
American Depositary Receipts.
|
*
|
Non-income producing security.
|
THE ALGER PORTFOLIOS | ALGER MID CAP GROWTH PORTFOLIO |
COMMON STOCKS—97.5%
|
SHARES
|
VALUE
|
||||||
ADVERTISING—0.7%
|
||||||||
Magnite, Inc.*
|
52,204
|
$
|
1,461,712
|
|||||
AEROSPACE & DEFENSE—5.2%
|
||||||||
HEICO Corp.
|
37,857
|
4,992,202
|
||||||
Textron, Inc.
|
10,669
|
744,803
|
||||||
TransDigm Group, Inc.*
|
8,563
|
5,348,193
|
||||||
11,085,198
|
||||||||
AIR FREIGHT & LOGISTICS—0.3%
|
||||||||
GXO Logistics, Inc.*
|
7,182
|
563,356
|
||||||
APPAREL ACCESSORIES & LUXURY GOODS—2.5%
|
||||||||
Capri Holdings Ltd.*
|
19,531
|
945,496
|
||||||
Lululemon Athletica, Inc.*
|
6,995
|
2,830,877
|
||||||
Moncler SpA
|
25,847
|
1,576,764
|
||||||
5,353,137
|
||||||||
APPLICATION SOFTWARE—16.4%
|
||||||||
ANSYS, Inc.*
|
6,004
|
2,044,062
|
||||||
Avalara, Inc.*
|
11,204
|
1,958,123
|
||||||
Bill.com Holdings, Inc.*
|
10,508
|
2,805,111
|
||||||
Cadence Design Systems, Inc.*
|
6,929
|
1,049,328
|
||||||
Coupa Software, Inc.*
|
7,176
|
1,572,836
|
||||||
Datadog, Inc., Cl. A*
|
16,259
|
2,298,210
|
||||||
DocuSign, Inc., Cl. A*
|
10,251
|
2,638,915
|
||||||
Five9, Inc.*
|
6,630
|
1,059,076
|
||||||
HubSpot, Inc.*
|
4,479
|
3,028,207
|
||||||
Manhattan Associates, Inc.*
|
19,638
|
3,005,203
|
||||||
Paycom Software, Inc.*
|
10,403
|
5,157,287
|
||||||
PTC, Inc.*
|
9,062
|
1,085,537
|
||||||
Sprout Social, Inc., Cl. A*
|
34,474
|
4,204,104
|
||||||
The Trade Desk, Inc., Cl. A*
|
24,795
|
1,743,088
|
||||||
Unity Software, Inc.*
|
8,277
|
1,044,971
|
||||||
34,694,058
|
||||||||
AUTOMOTIVE RETAIL—1.5%
|
||||||||
Advance Auto Parts, Inc.
|
5,367
|
1,121,113
|
||||||
Carvana Co., Cl. A*
|
3,465
|
1,044,836
|
||||||
Lithia Motors, Inc., Cl. A
|
3,087
|
978,702
|
||||||
3,144,651
|
||||||||
BIOTECHNOLOGY—4.4%
|
||||||||
Celldex Therapeutics, Inc.*
|
23,090
|
1,246,629
|
||||||
DermTech, Inc.*
|
39,477
|
1,267,606
|
||||||
Moderna, Inc.*
|
2,487
|
957,147
|
||||||
Morphic Holding, Inc.*
|
13,644
|
772,796
|
||||||
Natera, Inc.*
|
37,195
|
4,145,011
|
||||||
Novavax, Inc.*
|
4,661
|
966,272
|
||||||
9,355,461
|
||||||||
CASINOS & GAMING—2.2%
|
||||||||
Evolution AB
|
11,313
|
1,713,899
|
||||||
MGM Resorts International
|
67,332
|
2,905,376
|
||||||
4,619,275
|
THE ALGER PORTFOLIOS | ALGER MID CAP GROWTH PORTFOLIO |
COMMON STOCKS—97.5% (CONT.)
|
SHARES
|
VALUE
|
||||||
CONSUMER FINANCE—4.1%
|
||||||||
Upstart Holdings, Inc.*
|
27,315
|
$
|
8,643,559
|
|||||
DATA PROCESSING & OUTSOURCED SERVICES—1.4%
|
||||||||
Affirm Holdings, Inc., Cl. A*
|
13,914
|
1,657,575
|
||||||
Marqeta, Inc., Cl. A*
|
59,028
|
1,305,699
|
||||||
2,963,274
|
||||||||
DIVERSIFIED SUPPORT SERVICES—1.3%
|
||||||||
Cintas Corp.
|
2,822
|
1,074,223
|
||||||
Copart, Inc.*
|
11,343
|
1,573,501
|
||||||
2,647,724
|
||||||||
ELECTRICAL COMPONENTS & EQUIPMENT—1.9%
|
||||||||
AMETEK, Inc.
|
16,872
|
2,092,297
|
||||||
Generac Holdings, Inc.*
|
2,440
|
997,155
|
||||||
Sunrun, Inc.*
|
20,327
|
894,388
|
||||||
3,983,840
|
||||||||
ELECTRONIC EQUIPMENT & INSTRUMENTS—2.0%
|
||||||||
908 Devices, Inc.*
|
35,691
|
1,160,671
|
||||||
Teledyne Technologies, Inc.*
|
3,784
|
1,625,531
|
||||||
Trimble, Inc.*
|
16,445
|
1,352,601
|
||||||
4,138,803
|
||||||||
EXCHANGE TRADED FUNDS—3.7%
|
||||||||
Alger Mid Cap 40 ETF*,(b)
|
341,945
|
7,739,891
|
||||||
HEALTHCARE DISTRIBUTORS—0.5%
|
||||||||
McKesson Corp.
|
5,592
|
1,114,933
|
||||||
HEALTHCARE EQUIPMENT—5.2%
|
||||||||
CryoPort, Inc.*
|
26,432
|
1,757,992
|
||||||
Dexcom, Inc.*
|
4,577
|
2,502,978
|
||||||
IDEXX Laboratories, Inc.*
|
1,665
|
1,035,463
|
||||||
Inmode Ltd.*
|
19,288
|
3,075,472
|
||||||
Insulet Corp.*
|
9,503
|
2,701,038
|
||||||
11,072,943
|
||||||||
HEALTHCARE FACILITIES—1.2%
|
||||||||
The Joint Corp.*
|
26,223
|
2,570,379
|
||||||
HEALTHCARE SERVICES—1.0%
|
||||||||
Guardant Health, Inc.*
|
17,647
|
2,206,052
|
||||||
HEALTHCARE SUPPLIES—0.8%
|
||||||||
Align Technology, Inc.*
|
2,547
|
1,694,850
|
||||||
HEALTHCARE TECHNOLOGY—3.2%
|
||||||||
Doximity, Inc., Cl. A*
|
25,304
|
2,042,033
|
||||||
Inspire Medical Systems, Inc.*
|
4,902
|
1,141,577
|
||||||
Veeva Systems, Inc., Cl. A*
|
12,499
|
3,601,837
|
||||||
6,785,447
|
||||||||
HOMEFURNISHING RETAIL—0.7%
|
||||||||
Williams-Sonoma, Inc.
|
7,794
|
1,382,110
|
||||||
HOTELS RESORTS & CRUISE LINES—0.9%
|
||||||||
Expedia Group, Inc.*
|
11,352
|
1,860,593
|
||||||
HUMAN RESOURCE & EMPLOYMENT SERVICES—0.8%
|
||||||||
Upwork, Inc.*
|
39,542
|
1,780,576
|
THE ALGER PORTFOLIOS | ALGER MID CAP GROWTH PORTFOLIO |
COMMON STOCKS—97.5% (CONT.)
|
SHARES
|
VALUE
|
||||||
INTERACTIVE HOME ENTERTAINMENT—0.7%
|
||||||||
Take-Two Interactive Software, Inc.*
|
9,811
|
$
|
1,511,581
|
|||||
INTERACTIVE MEDIA & SERVICES—2.9%
|
||||||||
Genius Sports Ltd.*
|
207,299
|
3,868,199
|
||||||
Match Group, Inc.*
|
14,597
|
2,291,583
|
||||||
6,159,782
|
||||||||
INTERNET & DIRECT MARKETING RETAIL—1.3%
|
||||||||
Etsy, Inc.*
|
7,527
|
1,565,315
|
||||||
Global-e Online Ltd.*
|
16,155
|
1,159,929
|
||||||
2,725,244
|
||||||||
INTERNET SERVICES & INFRASTRUCTURE—2.6%
|
||||||||
BigCommerce Holdings, Inc.*
|
18,084
|
915,774
|
||||||
MongoDB, Inc., Cl. A*
|
4,180
|
1,970,912
|
||||||
Okta, Inc., Cl. A*
|
10,669
|
2,532,180
|
||||||
5,418,866
|
||||||||
LIFE SCIENCES TOOLS & SERVICES—5.5%
|
||||||||
10X Genomics, Inc., Cl. A*
|
8,255
|
1,201,763
|
||||||
Avantor, Inc.*
|
52,651
|
2,153,426
|
||||||
Bio-Techne Corp.
|
8,310
|
4,026,776
|
||||||
Repligen Corp.*
|
14,718
|
4,253,355
|
||||||
11,635,320
|
||||||||
METAL & GLASS CONTAINERS—0.4%
|
||||||||
Ball Corp.
|
10,613
|
954,852
|
||||||
MOVIES & ENTERTAINMENT—1.5%
|
||||||||
Live Nation Entertainment, Inc.*
|
12,590
|
1,147,327
|
||||||
Roku, Inc., Cl. A*
|
6,179
|
1,936,189
|
||||||
3,083,516
|
||||||||
OIL & GAS EXPLORATION & PRODUCTION—1.2%
|
||||||||
Diamondback Energy, Inc.
|
25,723
|
2,435,196
|
||||||
PHARMACEUTICALS—3.2%
|
||||||||
Catalent, Inc.*
|
34,593
|
4,603,291
|
||||||
Green Thumb Industries, Inc.*
|
78,273
|
2,138,370
|
||||||
6,741,661
|
||||||||
REGIONAL BANKS—3.3%
|
||||||||
Signature Bank
|
17,248
|
4,696,285
|
||||||
SVB Financial Group*
|
3,643
|
2,356,584
|
||||||
7,052,869
|
||||||||
RESEARCH & CONSULTING SERVICES—0.7%
|
||||||||
CoStar Group, Inc.*
|
16,516
|
1,421,367
|
||||||
RESTAURANTS—3.0%
|
||||||||
Chipotle Mexican Grill, Inc., Cl. A*
|
1,251
|
2,273,718
|
||||||
Shake Shack, Inc., Cl. A*
|
25,470
|
1,998,376
|
||||||
The Cheesecake Factory, Inc.*
|
45,841
|
2,154,527
|
||||||
6,426,621
|
THE ALGER PORTFOLIOS | ALGER MID CAP GROWTH PORTFOLIO |
COMMON STOCKS—97.5% (CONT.)
|
SHARES
|
VALUE
|
||||||
SEMICONDUCTOR EQUIPMENT—4.4%
|
||||||||
Brooks Automation, Inc.
|
15,624
|
$
|
1,599,117
|
|||||
KLA Corp.
|
5,905
|
1,975,282
|
||||||
Lam Research Corp.
|
3,475
|
1,977,796
|
||||||
SolarEdge Technologies, Inc.*
|
14,006
|
3,714,671
|
||||||
9,266,866
|
||||||||
SEMICONDUCTORS—0.4%
|
||||||||
Universal Display Corp.
|
4,691
|
801,973
|
||||||
SYSTEMS SOFTWARE—2.2%
|
||||||||
Crowdstrike Holdings, Inc., Cl. A*
|
14,468
|
3,555,945
|
||||||
Palo Alto Networks, Inc.*
|
2,222
|
1,064,338
|
||||||
4,620,283
|
||||||||
TRUCKING—2.3%
|
||||||||
Old Dominion Freight Line, Inc.
|
6,195
|
1,771,646
|
||||||
Uber Technologies, Inc.*
|
48,306
|
2,164,109
|
||||||
XPO Logistics, Inc.*
|
11,134
|
886,044
|
||||||
4,821,799
|
||||||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $169,308,498)
|
205,939,618
|
|||||||
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
|
|||||||
RIGHTS—0.2%
|
SHARES
|
VALUE
|
||||||
BIOTECHNOLOGY—0.2%
|
||||||||
Tolero CDR*,@,(a),(c)
|
425,098
|
327,325
|
||||||
(Cost $227,341)
|
327,325
|
|||||||
REAL ESTATE INVESTMENT TRUST—1.3%
|
SHARES
|
VALUE
|
||||||
RETAIL—0.3%
|
||||||||
Simon Property Group, Inc.
|
5,228
|
679,483
|
||||||
SPECIALIZED—1.0%
|
||||||||
Crown Castle International Corp.
|
12,171
|
2,109,478
|
||||||
TOTAL REAL ESTATE INVESTMENT TRUST
|
||||||||
(Cost $2,378,125)
|
2,788,961
|
|||||||
SPECIAL PURPOSE VEHICLE—0.9%
|
SHARES
|
VALUE
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.9%
|
||||||||
Crosslink Ventures Capital LLC, Cl. A*,@,(a),(b)
|
35
|
1,400,980
|
||||||
Crosslink Ventures Capital LLC, Cl. B*,@,(a),(b)
|
13
|
548,301
|
||||||
1,949,281
|
||||||||
TOTAL SPECIAL PURPOSE VEHICLE
|
||||||||
(Cost $1,200,000)
|
1,949,281
|
|||||||
Total Investments
|
||||||||
(Cost $173,880,849)
|
99.9
|
%
|
$
|
211,030,748
|
||||
Affiliated Securities (Cost $8,926,804)
|
9,714,735
|
|||||||
Unaffiliated Securities (Cost $164,954,045)
|
201,316,013
|
|||||||
Other Assets in Excess of Liabilities
|
0.1
|
%
|
224,884
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
211,255,632
|
* |
Non-income producing security.
|
THE ALGER PORTFOLIOS | ALGER MID CAP GROWTH PORTFOLIO |
(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
9/30/2021
|
||||||||||||
Crosslink Ventures Capital LLC, Cl. A
|
10/2/20
|
$
|
875,000
|
0.50
|
%
|
$
|
1,400,980
|
0.66
|
%
|
||||||||
Crosslink Ventures Capital LLC, Cl. B
|
12/16/20
|
325,000
|
0.18
|
%
|
548,301
|
0.26
|
%
|
||||||||||
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
|
%
|
327,325
|
0.16
|
%
|
||||||||||
Total
|
$
|
2,302,169
|
1.09
|
%
|
THE ALGER PORTFOLIOS | ALGER WEATHERBIE SPECIALIZED GROWTH PORTFOLIO |
COMMON STOCKS—97.7%
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—0.4%
|
||||||||
Kratos Defense & Security Solutions, Inc.*
|
652
|
$
|
14,546
|
|||||
APPAREL ACCESSORIES & LUXURY GOODS—0.3%
|
||||||||
Canada Goose Holdings, Inc.*
|
290
|
10,344
|
||||||
APPAREL RETAIL—2.2%
|
||||||||
MYT Netherlands Parent BV#,*
|
3,264
|
87,802
|
||||||
APPLICATION SOFTWARE—17.4%
|
||||||||
Altair Engineering, Inc., Cl. A*
|
45
|
3,102
|
||||||
BTRS Holdings, Inc.*
|
1,472
|
15,662
|
||||||
Cerence, Inc.*
|
852
|
81,886
|
||||||
Ebix, Inc.
|
331
|
8,914
|
||||||
Everbridge, Inc.*
|
448
|
67,666
|
||||||
LivePerson, Inc.*
|
573
|
33,778
|
||||||
Paylocity Holding Corp.*
|
861
|
241,425
|
||||||
SEMrush Holdings, Inc., Cl. A*
|
606
|
13,974
|
||||||
SPS Commerce, Inc.*
|
942
|
151,954
|
||||||
Vertex, Inc., Cl. A*
|
3,591
|
69,019
|
||||||
687,380
|
||||||||
ASSET MANAGEMENT & CUSTODY BANKS—5.9%
|
||||||||
Hamilton Lane, Inc., Cl. A
|
1,289
|
109,333
|
||||||
StepStone Group, Inc., Cl. A
|
2,936
|
125,191
|
||||||
234,524
|
||||||||
BIOTECHNOLOGY—7.6%
|
||||||||
ACADIA Pharmaceuticals, Inc.*
|
2,021
|
33,569
|
||||||
Natera, Inc.*
|
2,008
|
223,771
|
||||||
Puma Biotechnology, Inc.*
|
2,296
|
16,095
|
||||||
Ultragenyx Pharmaceutical, Inc.*
|
285
|
25,704
|
||||||
299,139
|
||||||||
CONSTRUCTION & ENGINEERING—0.9%
|
||||||||
Ameresco, Inc., Cl. A*
|
599
|
35,000
|
||||||
CONSUMER FINANCE—0.7%
|
||||||||
LendingTree, Inc.*
|
203
|
28,386
|
||||||
EDUCATION SERVICES—4.4%
|
||||||||
Chegg, Inc.*
|
2,574
|
175,083
|
||||||
ELECTRONIC EQUIPMENT & INSTRUMENTS—1.6%
|
||||||||
Novanta, Inc.*
|
415
|
64,118
|
||||||
ENVIRONMENTAL & FACILITIES SERVICES—9.0%
|
||||||||
Casella Waste Systems, Inc., Cl. A*
|
2,383
|
180,965
|
||||||
Montrose Environmental Group, Inc.*
|
2,805
|
173,181
|
||||||
354,146
|
||||||||
GENERAL MERCHANDISE STORES—3.3%
|
||||||||
Ollie's Bargain Outlet Holdings, Inc.*
|
2,196
|
132,375
|
||||||
HEALTHCARE DISTRIBUTORS—3.0%
|
||||||||
Apria, Inc.*
|
2,645
|
98,262
|
||||||
PetIQ, Inc., Cl. A*
|
750
|
18,727
|
||||||
116,989
|
THE ALGER PORTFOLIOS | ALGER WEATHERBIE SPECIALIZED GROWTH PORTFOLIO |
COMMON STOCKS—97.7% (CONT.)
|
SHARES
|
VALUE
|
||||||
HEALTHCARE EQUIPMENT—4.1%
|
||||||||
Eargo, Inc.*
|
984
|
$
|
6,622
|
|||||
Glaukos Corp.*
|
600
|
28,902
|
||||||
Nevro Corp.*
|
1,095
|
127,436
|
||||||
162,960
|
||||||||
HEALTHCARE TECHNOLOGY—1.7%
|
||||||||
Inspire Medical Systems, Inc.*
|
168
|
39,124
|
||||||
Tabula Rasa HealthCare, Inc.*
|
1,121
|
29,381
|
||||||
68,505
|
||||||||
INSURANCE BROKERS—1.1%
|
||||||||
Goosehead Insurance, Inc., Cl. A
|
297
|
45,230
|
||||||
IT CONSULTING & OTHER SERVICES—3.4%
|
||||||||
Globant SA*
|
476
|
133,761
|
||||||
LEISURE FACILITIES—0.9%
|
||||||||
Planet Fitness, Inc., Cl. A*
|
448
|
35,190
|
||||||
LEISURE PRODUCTS—0.8%
|
||||||||
Latham Group, Inc.*
|
1,947
|
31,931
|
||||||
LIFE SCIENCES TOOLS & SERVICES—0.6%
|
||||||||
NeoGenomics, Inc.*
|
506
|
24,409
|
||||||
MANAGED HEALTHCARE—5.3%
|
||||||||
Progyny, Inc.*
|
3,741
|
209,496
|
||||||
OIL & GAS EQUIPMENT & SERVICES—2.8%
|
||||||||
Core Laboratories NV
|
3,994
|
110,834
|
||||||
PAPER PACKAGING—0.6%
|
||||||||
Ranpak Holdings Corp., Cl. A*
|
922
|
24,728
|
||||||
PHARMACEUTICALS—0.3%
|
||||||||
Aerie Pharmaceuticals, Inc.*
|
886
|
10,100
|
||||||
REAL ESTATE SERVICES—5.6%
|
||||||||
FirstService Corp.
|
1,236
|
223,073
|
||||||
REGIONAL BANKS—5.0%
|
||||||||
Seacoast Banking Corp. of Florida
|
117
|
3,956
|
||||||
Signature Bank
|
717
|
195,225
|
||||||
199,181
|
||||||||
RESTAURANTS—0.7%
|
||||||||
Wingstop, Inc.
|
162
|
26,557
|
||||||
SEMICONDUCTORS—1.4%
|
||||||||
Impinj, Inc.*
|
972
|
55,530
|
||||||
SYSTEMS SOFTWARE—0.7%
|
||||||||
Rapid7, Inc.*
|
240
|
27,125
|
||||||
THRIFTS & MORTGAGE FINANCE—1.4%
|
||||||||
Axos Financial, Inc.*
|
1,079
|
55,612
|
||||||
TRADING COMPANIES & DISTRIBUTORS—4.6%
|
||||||||
SiteOne Landscape Supply, Inc.*
|
915
|
182,515
|
||||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $3,186,820)
|
3,866,569
|
THE ALGER PORTFOLIOS | ALGER WEATHERBIE SPECIALIZED GROWTH PORTFOLIO |
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
|
|||||||
Total Investments
|
||||||||
(Cost $3,234,588)
|
97.7
|
%
|
$
|
3,868,161
|
||||
Affiliated Securities (Cost $47,768)
|
1,592
|
|||||||
Unaffiliated Securities (Cost $3,186,820)
|
3,866,569
|
|||||||
Other Assets in Excess of Liabilities
|
2.3
|
%
|
91,623
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
3,959,784
|
(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
9/30/2021
|
|||||||||||||
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—96.2%
|
SHARES
|
VALUE
|
||||||
ADVERTISING—1.7%
|
||||||||
Magnite, Inc.*
|
174,477
|
$
|
4,885,356
|
|||||
AEROSPACE & DEFENSE—1.8%
|
||||||||
HEICO Corp.
|
18,080
|
2,384,210
|
||||||
Hexcel Corp.*
|
14,300
|
849,277
|
||||||
Mercury Systems, Inc.*
|
37,963
|
1,800,205
|
||||||
5,033,692
|
||||||||
AGRICULTURAL & FARM MACHINERY—0.6%
|
||||||||
Hydrofarm Holdings Group, Inc.*
|
46,623
|
1,764,681
|
||||||
ALTERNATIVE CARRIERS—1.1%
|
||||||||
Bandwidth, Inc., Cl. A*
|
33,962
|
3,066,089
|
||||||
APPAREL ACCESSORIES & LUXURY GOODS—0.8%
|
||||||||
Capri Holdings Ltd.*
|
45,729
|
2,213,741
|
||||||
APPLICATION SOFTWARE—24.7%
|
||||||||
ACI Worldwide, Inc.*
|
73,516
|
2,259,147
|
||||||
Avalara, Inc.*
|
44,647
|
7,802,956
|
||||||
Bill.com Holdings, Inc.*
|
19,362
|
5,168,686
|
||||||
Blackbaud, Inc.*
|
32,198
|
2,265,129
|
||||||
Blackline, Inc.*
|
34,355
|
4,055,951
|
||||||
Digital Turbine, Inc.*
|
24,083
|
1,655,706
|
||||||
Everbridge, Inc.*
|
37,693
|
5,693,151
|
||||||
ForgeRock, Inc., Cl. A*
|
13,137
|
511,423
|
||||||
Guidewire Software, Inc.*
|
23,720
|
2,819,596
|
||||||
HubSpot, Inc.*
|
11,341
|
7,667,537
|
||||||
Manhattan Associates, Inc.*
|
30,690
|
4,696,491
|
||||||
Paycom Software, Inc.*
|
13,055
|
6,472,016
|
||||||
Paycor HCM, Inc.*
|
4,312
|
151,610
|
||||||
Q2 Holdings, Inc.*
|
58,889
|
4,719,365
|
||||||
SEMrush Holdings, Inc., Cl. A*
|
43,259
|
997,553
|
||||||
Smartsheet, Inc., Cl. A*
|
34,604
|
2,381,447
|
||||||
Sprout Social, Inc., Cl. A*
|
33,023
|
4,027,155
|
||||||
SPS Commerce, Inc.*
|
36,387
|
5,869,587
|
||||||
Vertex, Inc., Cl. A*
|
92,399
|
1,775,909
|
||||||
70,990,415
|
||||||||
ASSET MANAGEMENT & CUSTODY BANKS—1.2%
|
||||||||
Affiliated Managers Group, Inc.
|
23,141
|
3,496,374
|
||||||
BIOTECHNOLOGY—3.3%
|
||||||||
CareDx, Inc.*
|
120,440
|
7,632,283
|
||||||
Karuna Therapeutics, Inc.*
|
7,074
|
865,362
|
||||||
MaxCyte, Inc.*
|
21,484
|
262,320
|
||||||
Turning Point Therapeutics, Inc.*
|
10,250
|
680,907
|
||||||
9,440,872
|
||||||||
CASINOS & GAMING—1.1%
|
||||||||
DraftKings, Inc., Cl. A*
|
65,316
|
3,145,619
|
||||||
DIVERSIFIED SUPPORT SERVICES—0.4%
|
||||||||
IAA, Inc.*
|
23,075
|
1,259,203
|
||||||
ELECTRICAL COMPONENTS & EQUIPMENT—0.8%
|
||||||||
Sunrun, Inc.*
|
52,289
|
2,300,716
|
THE ALGER PORTFOLIOS | ALGER SMALL CAP GROWTH PORTFOLIO |
COMMON STOCKS—96.2% (CONT.)
|
SHARES
|
VALUE
|
||||||
ELECTRONIC EQUIPMENT & INSTRUMENTS—1.6%
|
||||||||
Cognex Corp.
|
56,448
|
$
|
4,528,259
|
|||||
FOOD DISTRIBUTORS—1.5%
|
||||||||
The Chefs' Warehouse, Inc.*
|
43,295
|
1,410,118
|
||||||
US Foods Holding Corp.*
|
87,760
|
3,041,762
|
||||||
4,451,880
|
||||||||
HEALTHCARE DISTRIBUTORS—0.2%
|
||||||||
PetIQ, Inc., Cl. A*
|
28,072
|
700,958
|
||||||
HEALTHCARE EQUIPMENT—8.3%
|
||||||||
CryoPort, Inc.*
|
66,535
|
4,425,243
|
||||||
Inmode Ltd.*
|
34,202
|
5,453,509
|
||||||
Inogen, Inc.*
|
51,275
|
2,209,440
|
||||||
Insulet Corp.*
|
15,603
|
4,434,840
|
||||||
Mesa Laboratories, Inc.
|
10,970
|
3,316,889
|
||||||
Tandem Diabetes Care, Inc.*
|
32,308
|
3,856,929
|
||||||
23,696,850
|
||||||||
HEALTHCARE FACILITIES—2.1%
|
||||||||
The Joint Corp.*
|
60,426
|
5,922,956
|
||||||
HEALTHCARE SERVICES—1.7%
|
||||||||
1Life Healthcare, Inc.*
|
10,985
|
222,446
|
||||||
Biodesix, Inc.*
|
35,760
|
293,947
|
||||||
Guardant Health, Inc.*
|
31,542
|
3,943,066
|
||||||
Privia Health Group, Inc.*
|
21,603
|
508,967
|
||||||
4,968,426
|
||||||||
HEALTHCARE SUPPLIES—4.1%
|
||||||||
Neogen Corp.*
|
202,279
|
8,784,977
|
||||||
Quidel Corp.*
|
21,577
|
3,045,594
|
||||||
11,830,571
|
||||||||
HEALTHCARE TECHNOLOGY—5.5%
|
||||||||
Convey Holding Parent, Inc.*
|
62,048
|
521,203
|
||||||
Definitive Healthcare Corp., Cl. A*
|
14,666
|
628,145
|
||||||
Doximity, Inc., Cl. A*
|
8,354
|
674,168
|
||||||
Sophia Genetics SA*
|
35,639
|
624,752
|
||||||
Veeva Systems, Inc., Cl. A*
|
22,321
|
6,432,242
|
||||||
Vocera Communications, Inc.*
|
148,057
|
6,775,088
|
||||||
15,655,598
|
||||||||
HOMEFURNISHING RETAIL—0.5%
|
||||||||
Bed Bath & Beyond, Inc.*
|
79,790
|
1,378,372
|
||||||
HUMAN RESOURCE & EMPLOYMENT SERVICES—1.5%
|
||||||||
Legalzoom.com, Inc.*
|
65,630
|
1,732,632
|
||||||
Upwork, Inc.*
|
59,199
|
2,665,731
|
||||||
4,398,363
|
||||||||
HYPERMARKETS & SUPER CENTERS—1.1%
|
||||||||
BJ's Wholesale Club Holdings, Inc.*
|
56,895
|
3,124,673
|
||||||
INDUSTRIAL MACHINERY—0.4%
|
||||||||
Gates Industrial Corp. PLC*
|
70,927
|
1,153,982
|
||||||
INTERACTIVE HOME ENTERTAINMENT—0.6%
|
||||||||
Take-Two Interactive Software, Inc.*
|
11,460
|
1,765,642
|
THE ALGER PORTFOLIOS | ALGER SMALL CAP GROWTH PORTFOLIO |
COMMON STOCKS—96.2% (CONT.)
|
SHARES
|
VALUE
|
||||||
INTERACTIVE MEDIA & SERVICES—2.9%
|
||||||||
Bumble, Inc., Cl. A*
|
9,914
|
$
|
495,502
|
|||||
Eventbrite, Inc., Cl. A*
|
75,680
|
1,431,109
|
||||||
Genius Sports Ltd.*
|
232,565
|
4,339,663
|
||||||
TripAdvisor, Inc.*
|
57,136
|
1,934,054
|
||||||
VTEX, Cl. A*
|
2,515
|
51,733
|
||||||
8,252,061
|
||||||||
INTERNET & DIRECT MARKETING RETAIL—1.3%
|
||||||||
Farfetch Ltd., Cl. A*
|
61,236
|
2,295,125
|
||||||
The RealReal, Inc.*
|
110,912
|
1,461,820
|
||||||
3,756,945
|
||||||||
INTERNET SERVICES & INFRASTRUCTURE—1.1%
|
||||||||
BigCommerce Holdings, Inc.*
|
63,855
|
3,233,617
|
||||||
LEISURE FACILITIES—0.6%
|
||||||||
Planet Fitness, Inc., Cl. A*
|
22,820
|
1,792,511
|
||||||
LIFE SCIENCES TOOLS & SERVICES—10.9%
|
||||||||
10X Genomics, Inc., Cl. A*
|
12,272
|
1,786,558
|
||||||
Akoya Biosciences, Inc.*
|
63,075
|
880,527
|
||||||
Alpha Teknova, Inc.*
|
14,567
|
362,573
|
||||||
Bio-Techne Corp.
|
16,703
|
8,093,773
|
||||||
Codex DNA, Inc.*
|
36,465
|
405,855
|
||||||
Cytek Biosciences, Inc.*
|
24,960
|
534,394
|
||||||
ICON PLC*
|
8,945
|
2,343,769
|
||||||
Maravai LifeSciences Holdings, Inc., Cl. A*
|
21,311
|
1,045,944
|
||||||
NanoString Technologies, Inc.*
|
101,823
|
4,888,522
|
||||||
NeoGenomics, Inc.*
|
78,057
|
3,765,470
|
||||||
Personalis, Inc.*
|
33,842
|
651,120
|
||||||
Rapid Micro Biosystems, Inc., Cl. A*
|
29,065
|
536,830
|
||||||
Repligen Corp.*
|
20,243
|
5,850,024
|
||||||
31,145,359
|
||||||||
MANAGED HEALTHCARE—1.1%
|
||||||||
HealthEquity, Inc.*
|
50,743
|
3,286,117
|
||||||
MOVIES & ENTERTAINMENT—0.9%
|
||||||||
Live Nation Entertainment, Inc.*
|
27,869
|
2,539,702
|
||||||
OIL & GAS EXPLORATION & PRODUCTION—1.8%
|
||||||||
Magnolia Oil & Gas Corp., Cl. A
|
298,716
|
5,314,158
|
||||||
PHARMACEUTICALS—0.2%
|
||||||||
Aerie Pharmaceuticals, Inc.*
|
39,613
|
451,588
|
||||||
PRECIOUS METALS & MINERALS—0.0%
|
||||||||
Xometry, Inc., Cl. A*
|
1,457
|
84,025
|
||||||
REGIONAL BANKS—0.4%
|
||||||||
Webster Financial Corp.
|
20,010
|
1,089,745
|
||||||
RESTAURANTS—3.9%
|
||||||||
Shake Shack, Inc., Cl. A*
|
49,606
|
3,892,087
|
||||||
The Cheesecake Factory, Inc.*
|
61,688
|
2,899,336
|
||||||
Wingstop, Inc.
|
26,463
|
4,338,079
|
||||||
11,129,502
|
||||||||
SEMICONDUCTOR EQUIPMENT—0.7%
|
||||||||
SolarEdge Technologies, Inc.*
|
7,328
|
1,943,532
|
THE ALGER PORTFOLIOS | ALGER SMALL CAP GROWTH PORTFOLIO |
COMMON STOCKS—96.2% (CONT.)
|
SHARES
|
VALUE
|
||||||
SEMICONDUCTORS—0.8%
Universal Display Corp.
|
12,653
|
$
|
2,163,157
|
|||||
SPECIALTY CHEMICALS—2.4%
Balchem Corp.
|
47,904
|
6,949,433
|
||||||
SPECIALTY STORES—0.6%
Brilliant Earth Group, Inc., Cl. A*
|
10,243
|
137,256
|
||||||
Five Below, Inc.*
|
9,426
|
1,666,611
|
||||||
1,803,867
|
||||||||
TOTAL COMMON STOCKS
(Cost $152,208,796)
|
276,108,607
|
|||||||
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—0.1%
|
SHARES
|
VALUE
|
||||||
BIOTECHNOLOGY—0.1%
Tolero CDR*,@,(b),(c)
|
287,830
|
221,629
|
||||||
(Cost $155,594)
|
221,629
|
|||||||
REAL ESTATE INVESTMENT TRUST—0.6%
|
SHARES
|
VALUE
|
||||||
RETAIL—0.6%
Tanger Factory Outlet Centers, Inc.
|
114,808
|
1,871,371
|
||||||
(Cost $1,890,281)
|
1,871,371
|
|||||||
SPECIAL PURPOSE VEHICLE—1.0%
|
SHARES
|
VALUE
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—1.0%
Crosslink Ventures Capital LLC, Cl. A*,@,(a),(b)
|
56
|
2,241,568
|
||||||
Crosslink Ventures Capital LLC, Cl. B*,@,(a),(b)
|
12
|
506,124
|
||||||
2,747,692
|
||||||||
TOTAL SPECIAL PURPOSE VEHICLE
(Cost $1,700,000)
|
2,747,692
|
|||||||
Total Investments
(Cost $156,293,895)
|
97.9
|
%
|
$
|
280,960,606
|
||||
Affiliated Securities (Cost $2,039,224)
|
2,758,999
|
|||||||
Unaffiliated Securities (Cost $154,254,671)
|
278,201,607
|
|||||||
Other Assets in Excess of Liabilities
|
2.1
|
%
|
5,915,525
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
286,876,131
|
(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.
|
THE ALGER PORTFOLIOS | ALGER SMALL CAP GROWTH PORTFOLIO |
Security
|
Acquisition
Date(s)
|
Acquisition
Cost
|
% of net assets
(Acquisition
Date)
|
Market
Value
|
% of net assets
as of
9/30/2021
|
|||||||||||||
Crosslink Ventures Capital LLC, Cl. A
|
10/2/20
|
$
|
1,400,000
|
0.49
|
%
|
$
|
2,241,568
|
0.78
|
%
|
|||||||||
Crosslink Ventures Capital LLC, Cl. B
|
12/16/20
|
300,000 | 0.10 |
%
|
506,124
|
0.18
|
%
|
|||||||||||
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 | % |
221,629 | |
0.08 | % |
||||||||||
Total
|
$
|
2,980,628 | 1.04 |
% |
THE ALGER PORTFOLIOS | ALGER BALANCED PORTFOLIO |
COMMON STOCKS—61.7%
|
SHARES
|
VALUE
|
||||||
AEROSPACE & DEFENSE—1.0%
|
||||||||
General Dynamics Corp.
|
1,033
|
$
|
202,499
|
|||||
Raytheon Technologies Corp.
|
2,371
|
203,811
|
||||||
TransDigm Group, Inc.*
|
290
|
181,125
|
||||||
587,435
|
||||||||
ASSET MANAGEMENT & CUSTODY BANKS—2.9%
|
||||||||
BlackRock, Inc., Cl. A
|
952
|
798,404
|
||||||
Blackstone, Inc.
|
5,665
|
659,066
|
||||||
The Carlyle Group, Inc.
|
4,130
|
195,267
|
||||||
1,652,737
|
||||||||
AUTOMOBILE MANUFACTURERS—0.1%
|
||||||||
General Motors Co.*
|
1,472
|
77,589
|
||||||
BIOTECHNOLOGY—1.6%
|
||||||||
AbbVie, Inc.
|
5,217
|
562,758
|
||||||
Amgen, Inc.
|
749
|
159,275
|
||||||
Gilead Sciences, Inc.
|
2,516
|
175,742
|
||||||
897,775
|
||||||||
BROADCASTING—0.1%
|
||||||||
ViacomCBS, Inc., Cl. B
|
1,851
|
73,133
|
||||||
BUILDING PRODUCTS—0.4%
|
||||||||
Johnson Controls International PLC
|
3,449
|
234,808
|
||||||
CABLE & SATELLITE—1.0%
|
||||||||
Comcast Corp., Cl. A
|
9,967
|
557,454
|
||||||
COMMODITY CHEMICALS—0.2%
|
||||||||
Dow, Inc.
|
2,258
|
129,970
|
||||||
COMMUNICATIONS EQUIPMENT—0.8%
|
||||||||
Cisco Systems, Inc.
|
8,567
|
466,302
|
||||||
CONSUMER ELECTRONICS—0.4%
|
||||||||
Garmin Ltd.
|
1,641
|
255,110
|
||||||
COPPER—0.3%
|
||||||||
Southern Copper Corp.
|
2,690
|
151,017
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.8%
|
||||||||
Visa, Inc., Cl. A
|
2,140
|
476,685
|
||||||
DIVERSIFIED BANKS—3.8%
|
||||||||
Bank of America Corp.
|
13,900
|
590,055
|
||||||
JPMorgan Chase & Co.
|
9,902
|
1,620,858
|
||||||
2,210,913
|
||||||||
ELECTRIC UTILITIES—0.5%
|
||||||||
NextEra Energy, Inc.
|
3,500
|
274,820
|
||||||
ELECTRICAL COMPONENTS & EQUIPMENT—0.7%
|
||||||||
Eaton Corp. PLC
|
2,579
|
385,070
|
||||||
FINANCIAL EXCHANGES & DATA—0.7%
|
||||||||
CME Group, Inc., Cl. A
|
2,211
|
427,563
|
||||||
FOOD DISTRIBUTORS—0.4%
|
||||||||
Sysco Corp.
|
2,924
|
229,534
|
||||||
HEALTHCARE EQUIPMENT—0.6%
|
||||||||
Medtronic PLC
|
2,696
|
337,944
|
||||||
HEALTHCARE SERVICES—0.8%
|
||||||||
CVS Health Corp.
|
5,182
|
439,745
|
THE ALGER PORTFOLIOS | ALGER BALANCED PORTFOLIO |
COMMON STOCKS—61.7% (CONT.)
|
SHARES
|
VALUE
|
||||||
HOME IMPROVEMENT RETAIL—1.9%
|
||||||||
The Home Depot, Inc.
|
3,346
|
$
|
1,098,358
|
|||||
HOUSEHOLD PRODUCTS—1.1%
|
||||||||
The Procter & Gamble Co.
|
4,400
|
615,120
|
||||||
HYPERMARKETS & SUPER CENTERS—0.6%
|
||||||||
Walmart, Inc.
|
2,320
|
323,362
|
||||||
INDUSTRIAL CONGLOMERATES—1.4%
|
||||||||
Honeywell International, Inc.
|
3,688
|
782,889
|
||||||
INDUSTRIAL GASES—0.7%
|
||||||||
Air Products & Chemicals, Inc.
|
1,487
|
380,836
|
||||||
INTEGRATED OIL & GAS—1.5%
|
||||||||
Chevron Corp.
|
4,047
|
410,568
|
||||||
Exxon Mobil Corp.
|
3,667
|
215,693
|
||||||
TotalEnergies SE#
|
5,051
|
242,095
|
||||||
868,356
|
||||||||
INTEGRATED TELECOMMUNICATION SERVICES—1.3%
|
||||||||
AT&T, Inc.
|
8,245
|
222,698
|
||||||
Verizon Communications, Inc.
|
10,027
|
541,558
|
||||||
764,256
|
||||||||
INTERACTIVE MEDIA & SERVICES—6.5%
|
||||||||
Alphabet, Inc., Cl. A*
|
536
|
1,433,007
|
||||||
Alphabet, Inc., Cl. C*
|
508
|
1,353,977
|
||||||
Facebook, Inc., Cl. A*
|
2,818
|
956,401
|
||||||
3,743,385
|
||||||||
INTERNET & DIRECT MARKETING RETAIL—1.5%
|
||||||||
Amazon.com, Inc.*
|
269
|
883,676
|
||||||
INVESTMENT BANKING & BROKERAGE—2.1%
|
||||||||
Morgan Stanley
|
12,115
|
1,178,911
|
||||||
MANAGED HEALTHCARE—1.5%
|
||||||||
UnitedHealth Group, Inc.
|
2,138
|
835,402
|
||||||
MULTI-LINE INSURANCE—0.3%
|
||||||||
The Hartford Financial Services Group, Inc.
|
2,647
|
185,952
|
||||||
MULTI-UTILITIES—0.3%
|
||||||||
Sempra Energy
|
1,472
|
186,208
|
||||||
OIL & GAS STORAGE & TRANSPORTATION—0.3%
|
||||||||
ONEOK, Inc.
|
2,694
|
156,225
|
||||||
PHARMACEUTICALS—4.0%
|
||||||||
AstraZeneca PLC#
|
3,998
|
240,120
|
||||||
Bristol-Myers Squibb Co.
|
3,563
|
210,823
|
||||||
Eli Lilly & Co.
|
1,147
|
265,014
|
||||||
GlaxoSmithKline PLC#
|
5,029
|
192,158
|
||||||
Johnson & Johnson
|
4,102
|
662,473
|
||||||
Merck & Co., Inc.
|
2,793
|
209,782
|
||||||
Novartis AG#
|
2,161
|
176,727
|
||||||
Pfizer, Inc.
|
7,384
|
317,586
|
||||||
2,274,683
|
||||||||
RAILROADS—0.4%
|
||||||||
Union Pacific Corp.
|
1,240
|
243,052
|
THE ALGER PORTFOLIOS | ALGER BALANCED PORTFOLIO |
COMMON STOCKS—61.7% (CONT.)
|
SHARES
|
VALUE
|
||||||
RESTAURANTS—0.9%
McDonald's Corp.
|
1,178
|
$
|
284,027
|
|||||
Starbucks Corp.
|
2,012
|
221,944
|
||||||
505,971
|
||||||||
SEMICONDUCTOR EQUIPMENT—1.4%
KLA Corp.
|
2,479
|
829,250
|
||||||
SEMICONDUCTORS—2.8%
Broadcom, Inc.
|
1,559
|
756,006
|
||||||
QUALCOMM, Inc.
|
4,084
|
526,754
|
||||||
Taiwan Semiconductor Manufacturing Co., Ltd.#
|
2,724
|
304,135
|
||||||
1,586,895
|
||||||||
SOFT DRINKS—1.7%
PepsiCo, Inc.
|
3,674
|
552,606
|
||||||
The Coca-Cola Co.
|
8,431
|
442,375
|
||||||
994,981
|
||||||||
SYSTEMS SOFTWARE—6.4%
Microsoft Corp.
|
13,061
|
3,682,157
|
||||||
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—5.3%
Apple, Inc.
|
21,485
|
3,040,127
|
||||||
TOBACCO—0.7%
Altria Group, Inc.
|
5,677
|
258,417
|
||||||
Philip Morris International, Inc.
|
1,822
|
172,707
|
||||||
431,124
|
||||||||
TOTAL COMMON STOCKS
(Cost $14,580,516)
|
35,456,780
|
|||||||
MASTER LIMITED PARTNERSHIP—0.3%
|
SHARES
|
VALUE
|
||||||
OIL & GAS STORAGE & TRANSPORTATION—0.3%
Cheniere Energy Partners LP
|
4,546
|
184,886
|
||||||
(Cost $150,738)
|
184,886
|
|||||||
REAL ESTATE INVESTMENT TRUST—3.3%
|
SHARES
|
VALUE
|
||||||
HEALTHCARE—0.4%
Welltower, Inc.
|
2,793
|
230,143
|
||||||
INDUSTRIAL—0.2%
Americold Realty Trust
|
4,853
|
140,980
|
||||||
MORTGAGE—0.5%
Blackstone Mortgage Trust, Inc., Cl. A
|
8,665
|
262,723
|
||||||
RETAIL—0.5%
Simon Property Group, Inc.
|
2,271
|
295,162
|
||||||
SPECIALIZED—1.7%
Crown Castle International Corp.
|
3,096
|
536,599
|
||||||
CyrusOne, Inc.
|
2,548
|
197,240
|
||||||
Lamar Advertising Co., Cl. A
|
2,104
|
238,699
|
||||||
972,538
|
||||||||
TOTAL REAL ESTATE INVESTMENT TRUST
(Cost $1,296,392)
|
1,901,546
|
CORPORATE BONDS—28.1% |
PRINCIPAL
AMOUNT
|
VALUE | ||||||
AGRICULTURAL & FARM MACHINERY—3.1% | ||||||||
John Deere Capital Corp., 2.75%, 3/15/22 | 1,750,000 | 1,769,396 |
THE ALGER PORTFOLIOS | ALGER BALANCED PORTFOLIO |
CORPORATE BONDS—28.1% (CONT.)
|
PRINCIPAL
AMOUNT
|
VALUE
|
||||||
APPLICATION SOFTWARE—1.7%
|
||||||||
salesforce.com, Inc., 0.63%, 7/15/24
|
1,000,000
|
$
|
1,001,987
|
|||||
AUTOMOBILE MANUFACTURERS—1.7%
|
||||||||
General Motors Financial Co., Inc., 1.5%, 6/10/26
|
500,000
|
497,142
|
||||||
Toyota Motor Credit Corp., 0.45%, 7/22/22
|
500,000
|
501,058
|
||||||
998,200
|
||||||||
BIOTECHNOLOGY—0.9%
|
||||||||
AbbVie, Inc., 3.6%, 5/14/25
|
500,000
|
540,986
|
||||||
DATA PROCESSING & OUTSOURCED SERVICES—0.9%
|
||||||||
PayPal Holdings, Inc., 1.35%, 6/1/23
|
500,000
|
508,424
|
||||||
DIVERSIFIED BANKS—2.7%
|
||||||||
Bank of America Corp., variable, 5/28/24
|
500,000
|
501,646
|
||||||
Wells Fargo & Co., 3.3%, 9/9/24
|
1,000,000
|
1,076,475
|
||||||
1,578,121
|
||||||||
ELECTRIC UTILITIES—0.9%
|
||||||||
NextEra Energy Capital Holdings, Inc., variable, 2/22/23
|
500,000
|
500,039
|
||||||
ELECTRICAL COMPONENTS & EQUIPMENT—0.9%
|
||||||||
Rockwell Automation, Inc., 0.35%, 8/15/23
|
500,000
|
500,355
|
||||||
INVESTMENT BANKING & BROKERAGE—0.9%
|
||||||||
The Goldman Sachs Group, Inc., 0.48%, 1/27/23
|
500,000
|
500,100
|
||||||
PACKAGED FOODS & MEATS—4.5%
|
||||||||
Campbell Soup Co., 2.5%, 8/2/22
|
2,000,000
|
2,035,668
|
||||||
Nestle Holdings, Inc., 0.61%, 9/14/24
|
550,000
|
550,200
|
||||||
2,585,868
|
||||||||
SEMICONDUCTOR EQUIPMENT—1.0%
|
||||||||
KLA Corp., 4.65%, 11/1/24
|
500,000
|
551,630
|
||||||
SEMICONDUCTORS—3.7%
|
||||||||
Altera Corp., 4.1%, 11/15/23
|
1,500,000
|
1,610,644
|
||||||
NVIDIA Corp., 0.31%, 6/15/23
|
500,000
|
500,109
|
||||||
2,110,753
|
||||||||
SPECIALIZED—2.2%
|
||||||||
Crown Castle International Corp., 3.2%, 9/1/24
|
1,200,000
|
1,276,010
|
||||||
SYSTEMS SOFTWARE—0.9%
|
||||||||
VMware, Inc., 0.6%, 8/15/23
|
500,000
|
500,746
|
||||||
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—2.1%
|
||||||||
Apple, Inc., 1.13%, 5/11/25
|
1,200,000
|
1,208,712
|
||||||
TOTAL CORPORATE BONDS
|
||||||||
(Cost $15,864,558)
|
16,131,327
|
|||||||
Total Investments
|
||||||||
(Cost $31,892,204)
|
93.4
|
%
|
$
|
53,674,539
|
||||
Unaffiliated Securities (Cost $31,892,204)
|
53,674,539
|
|||||||
Other Assets in Excess of Liabilities
|
6.6
|
%
|
3,802,462
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
57,477,001
|
#
|
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
|
$
|
86,803,241
|
$
|
86,803,241
|
$
|
—
|
$
|
—
|
||||||||
Consumer Discretionary
|
139,546,099
|
132,144,938
|
7,401,161
|
—
|
||||||||||||
Consumer Staples
|
2,405,139
|
2,405,139
|
—
|
—
|
||||||||||||
Financials
|
27,411,606
|
27,411,606
|
—
|
—
|
||||||||||||
Healthcare
|
55,601,908
|
55,601,908
|
—
|
—
|
||||||||||||
Industrials
|
36,686,668
|
36,686,668
|
—
|
—
|
||||||||||||
Information Technology
|
291,873,416
|
291,873,416
|
—
|
—
|
||||||||||||
TOTAL COMMON STOCKS
|
$
|
640,328,077
|
$
|
632,926,916
|
$
|
7,401,161
|
$
|
—
|
||||||||
REAL ESTATE INVESTMENT TRUST
|
||||||||||||||||
Real Estate
|
2,964,226
|
2,964,226
|
—
|
—
|
||||||||||||
SPECIAL PURPOSE VEHICLE
|
||||||||||||||||
Information Technology
|
1,222,540
|
—
|
—
|
1,222,540
|
||||||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$
|
644,514,843
|
$
|
635,891,142
|
$
|
7,401,161
|
$
|
1,222,540
|
Alger Large Cap Growth Portfolio
|
TOTAL
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||||
COMMON STOCKS
|
||||||||||||||||
Communication Services
|
$
|
41,961,921
|
$
|
41,961,921
|
$
|
—
|
$ | — | ||||||||
Consumer Discretionary
|
65,810,851
|
65,810,851
|
—
|
— |
||||||||||||
Financials
|
8,010,931
|
8,010,931
|
—
|
— |
||||||||||||
Healthcare
|
64,842,705
|
64,842,705
|
—
|
— |
||||||||||||
Industrials
|
20,196,947
|
20,196,947
|
—
|
— |
||||||||||||
Information Technology
|
198,900,762
|
198,900,762
|
—
|
— |
||||||||||||
Mutual Funds
|
15,796,556
|
15,796,556
|
—
|
— |
||||||||||||
TOTAL COMMON STOCKS
|
$
|
415,520,673
|
$
|
415,520,673
|
$
|
—
|
$ |
— |
||||||||
REAL ESTATE INVESTMENT TRUST
|
||||||||||||||||
Real Estate
|
8,521,451
|
8,521,451
|
—
|
— |
||||||||||||
SPECIAL PURPOSE VEHICLE
|
||||||||||||||||
Information Technology
|
3,042,128
|
—
|
—
|
3,042,128 |
||||||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$
|
427,084,252
|
$
|
424,042,124
|
$
|
—
|
$ | 3,042,128 |
Alger Growth & Income Portfolio
|
TOTAL
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3 | ||||||||||||
COMMON STOCKS
|
||||||||||||||||
Communication Services
|
$
|
5,230,202
|
$
|
5,230,202
|
$
|
—
|
$ | — | ||||||||
Consumer Discretionary
|
2,820,785
|
2,820,785
|
—
|
— |
||||||||||||
Consumer Staples
|
2,557,789
|
2,557,789
|
—
|
— |
||||||||||||
Energy
|
1,033,487
|
1,033,487
|
—
|
— |
||||||||||||
Financials
|
5,646,633
|
5,646,633
|
—
|
— |
||||||||||||
Healthcare
|
4,777,972
|
4,777,972
|
—
|
— |
||||||||||||
Industrials
|
2,229,814
|
2,229,814
|
—
|
— |
||||||||||||
Information Technology
|
10,140,271
|
10,140,271
|
—
|
— |
||||||||||||
Materials
|
665,048
|
665,048
|
—
|
— |
||||||||||||
Utilities
|
463,711
|
463,711
|
— | — |
||||||||||||
TOTAL COMMON STOCKS
|
$
|
35,565,712
|
$
|
35,565,712
|
$
|
—
|
$ | — |
Alger Growth & Income Portfolio
|
TOTAL
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||||
MASTER LIMITED PARTNERSHIP
Energy
|
$
|
187,895
|
$
|
187,895
|
$
|
—
|
$ | — |
||||||||
REAL ESTATE INVESTMENT TRUST
|
||||||||||||||||
Financials
|
276,124
|
276,124
|
—
|
— |
||||||||||||
Real Estate
|
1,644,660
|
1,644,660
|
— | — |
||||||||||||
TOTAL REAL ESTATE INVESTMENT TRUST
|
$
|
1,920,784
|
$
|
1,920,784
|
$
|
—
|
$ |
— |
||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$
|
37,674,391
|
$
|
37,674,391
|
$
|
—
|
$ |
— |
Alger Mid Cap Growth Portfolio
|
TOTAL
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||||
COMMON STOCKS
|
||||||||||||||||
Communication Services
|
$
|
12,216,591
|
$
|
12,216,591
|
$
|
—
|
$
|
—
|
||||||||
Consumer Discretionary
|
25,511,631
|
22,220,968
|
3,290,663
|
—
|
||||||||||||
Energy
|
2,435,196
|
2,435,196
|
—
|
—
|
||||||||||||
Exchange Traded Funds
|
7,739,891
|
7,739,891
|
—
|
—
|
||||||||||||
Financials
|
15,696,428
|
15,696,428
|
—
|
—
|
||||||||||||
Healthcare
|
53,177,046
|
53,177,046
|
—
|
—
|
||||||||||||
Industrials
|
26,303,860
|
26,303,860
|
—
|
—
|
||||||||||||
Information Technology
|
61,904,123
|
61,904,123
|
—
|
—
|
||||||||||||
Materials
|
954,852
|
954,852
|
—
|
—
|
||||||||||||
TOTAL COMMON STOCKS
|
$
|
205,939,618
|
$
|
202,648,955
|
$
|
3,290,663
|
$
|
—
|
||||||||
PREFERRED STOCKS
|
||||||||||||||||
Healthcare
|
25,563
|
—
|
—
|
25,563
|
||||||||||||
RIGHTS
|
||||||||||||||||
Healthcare
|
327,325
|
—
|
—
|
327,325
|
||||||||||||
REAL ESTATE INVESTMENT TRUST
|
||||||||||||||||
Real Estate
|
2,788,961
|
2,788,961
|
—
|
—
|
||||||||||||
SPECIAL PURPOSE VEHICLE
|
||||||||||||||||
Information Technology
|
1,949,281
|
—
|
—
|
1,949,281
|
||||||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$
|
211,030,748
|
$
|
205,437,916
|
$
|
3,290,663
|
$
|
2,302,169
|
Alger Weatherbie Specialized Growth Portfolio
|
TOTAL
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||||
COMMON STOCKS
|
||||||||||||||||
Consumer Discretionary
|
$
|
499,282
|
$
|
499,282
|
$
|
—
|
$
|
—
|
||||||||
Energy
|
110,834
|
110,834
|
— |
—
|
||||||||||||
Financials
|
562,933
|
562,933
|
—
|
—
|
||||||||||||
Healthcare
|
891,598
|
891,598
|
— |
—
|
||||||||||||
Industrials
|
586,207
|
586,207
|
—
|
—
|
||||||||||||
Information Technology
|
967,914
|
967,914
|
—
|
—
|
||||||||||||
Materials
|
24,728
|
24,728
|
—
|
—
|
||||||||||||
Real Estate
|
223,073
|
223,073
|
—
|
—
|
||||||||||||
TOTAL COMMON STOCKS
|
$
|
3,866,569
|
$
|
3,866,569
|
$
|
—
|
$
|
—
|
||||||||
PREFERRED STOCKS
|
||||||||||||||||
Healthcare
|
1,592
|
—
|
—
|
1,592 |
||||||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$
|
3,868,161
|
$
|
3,866,569
|
$
|
1,592
|
$
|
—
|
Alger Small Cap Growth Portfolio
|
TOTAL
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||||
COMMON STOCKS
|
||||||||||||||||
Communication Services
|
$
|
20,508,850
|
$
|
20,508,850
|
$
|
—
|
$ |
—
|
||||||||
Consumer Discretionary
|
25,220,557
|
25,220,557
|
—
|
—
|
||||||||||||
Consumer Staples
|
7,576,553
|
7,576,553
|
—
|
—
|
||||||||||||
Energy
|
5,314,158
|
5,314,158
|
—
|
—
|
||||||||||||
Financials
|
4,586,119
|
4,586,119
|
—
|
—
|
||||||||||||
Healthcare
|
107,099,295
|
107,099,295
|
—
|
—
|
||||||||||||
Industrials
|
15,910,637
|
15,910,637
|
—
|
—
|
||||||||||||
Information Technology
|
82,858,980
|
82,858,980
|
—
|
—
|
||||||||||||
Materials
|
7,033,458
|
7,033,458
|
—
|
—
|
||||||||||||
TOTAL COMMON STOCKS
|
$
|
276,108,607
|
$
|
276,108,607
|
$
|
—
|
$ |
—
|
||||||||
PREFERRED STOCKS
|
||||||||||||||||
Healthcare
|
11,307
|
—
|
—
|
11,307 |
||||||||||||
RIGHTS
|
||||||||||||||||
Healthcare
|
221,629
|
—
|
—
|
221,629 |
||||||||||||
REAL ESTATE INVESTMENT TRUST
|
||||||||||||||||
Real Estate
|
1,871,371
|
1,871,371
|
—
|
—
|
||||||||||||
SPECIAL PURPOSE VEHICLE
|
||||||||||||||||
Information Technology
|
2,747,692
|
—
|
—
|
2,747,692 |
||||||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$
|
280,960,606
|
$
|
277,979,978
|
$
|
—
|
$ |
2,980,628 |
Alger Balanced Portfolio
|
TOTAL
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3 | ||||||||||||
COMMON STOCKS
|
||||||||||||||||
Communication Services
|
$
|
5,138,228
|
$
|
5,138,228
|
$
|
—
|
$ |
—
|
||||||||
Consumer Discretionary
|
2,820,704
|
2,820,704
|
—
|
—
|
||||||||||||
Consumer Staples
|
2,594,121
|
2,594,121
|
—
|
—
|
||||||||||||
Energy
|
1,024,581
|
1,024,581
|
—
|
—
|
||||||||||||
Financials
|
5,656,076
|
5,656,076
|
—
|
—
|
||||||||||||
Healthcare
|
4,785,549
|
4,785,549
|
—
|
—
|
||||||||||||
Industrials
|
2,233,254
|
2,233,254
|
—
|
—
|
||||||||||||
Information Technology
|
10,081,416
|
10,081,416
|
—
|
—
|
||||||||||||
Materials
|
661,823
|
661,823
|
—
|
—
|
||||||||||||
Utilities
|
461,028
|
461,028
|
—
|
—
|
||||||||||||
TOTAL COMMON STOCKS
|
$
|
35,456,780
|
$
|
35,456,780
|
$
|
—
|
$ |
—
|
||||||||
MASTER LIMITED PARTNERSHIP
|
||||||||||||||||
Energy
|
184,886
|
184,886
|
—
|
—
|
||||||||||||
REAL ESTATE INVESTMENT TRUST
|
—
|
|||||||||||||||
Financials
|
262,723
|
262,723
|
—
|
—
|
||||||||||||
Real Estate
|
1,638,823
|
1,638,823
|
—
|
—
|
||||||||||||
TOTAL REAL ESTATE INVESTMENT TRUST
|
$
|
1,901,546
|
$
|
1,901,546
|
$
|
—
|
$ |
—
|
Alger Balanced Portfolio
|
TOTAL
|
LEVEL 1
|
LEVEL 2
|
LEVEL 3
|
||||||||||||
CORPORATE BONDS
|
||||||||||||||||
Consumer Discretionary
|
$
|
998,200
|
$
|
—
|
$
|
998,200
|
$
|
—
|
||||||||
Consumer Staples
|
2,585,868
|
—
|
2,585,868
|
—
|
||||||||||||
Financials
|
2,078,221
|
—
|
2,078,221
|
—
|
||||||||||||
Healthcare
|
540,986
|
—
|
540,986
|
—
|
||||||||||||
Industrials
|
2,269,751
|
—
|
2,269,751
|
—
|
||||||||||||
Information Technology
|
5,882,252
|
—
|
5,882,252
|
—
|
||||||||||||
Real Estate
|
1,276,010
|
—
|
1,276,010
|
—
|
||||||||||||
Utilities
|
500,039
|
—
|
500,039
|
—
|
||||||||||||
TOTAL CORPORATE BONDS
|
$
|
16,131,327
|
$
|
—
|
$
|
16,131,327
|
$
|
—
|
||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$
|
53,674,539
|
$
|
37,543,212
|
$
|
16,131,327
|
$
|
—
|
Alger Capital Appreciation Portfolio
|
FAIR VALUE MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3)
|
|||
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
|
285,532 | |||
Purchases and sales
|
||||
Purchases
|
462,008 | |||
Sales
|
—
|
|||
Closing balance at September 30, 2021
|
1,222,540 |
|||
Net change in unrealized appreciation (depreciation) attributable to investments still held at September 30, 2021
|
285,532 |
Alger Large Cap Growth Portfolio
|
FAIR VALUE MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3)
|
|||
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
|
1,142,128 | |||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at September 30, 2021
|
3,042,128 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at September 30, 2021
|
1,142,128 |
Alger Mid Cap Growth Portfolio
|
FAIR VALUE MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3)
|
|||
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 September 30, 2021
|
25,563 |
|||
Net change in unrealized appreciation (depreciation) attributable to investments still held at September 30, 2021
|
—
|
Alger Mid Cap Growth Portfolio
|
FAIR VALUE MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3)
|
|||
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
|
34,007 | |||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at September 30, 2021
|
327,325 |
|||
Net change in unrealized appreciation (depreciation) attributable to investments still held at September 30, 2021
|
34,007
|
|
FAIR VALUE MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3)
|
|||
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
|
749,281 | |||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at September 30, 2021
|
1,949,281 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at September 30, 2021
|
749,281 |
|
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 September 30, 2021
|
1,592 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at September 30, 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 September 30, 2021
|
11,307 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at September 30, 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
|
23,026 | |||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at September 30, 2021
|
221,629 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at September 30, 2021
|
23,026 |
|
FAIR VALUE MEASUREMENTS
USING SIGNIFICANT UNOBSERVABLE
INPUTS (LEVEL 3)
|
|||
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
|
1,047,692 | |||
Purchases and sales
|
||||
Purchases
|
—
|
|||
Sales
|
—
|
|||
Closing balance at September 30, 2021
|
2,747,692 | |||
Net change in unrealized appreciation (depreciation) attributable to investments still held at September 30, 2021
|
1,047,692 |
Fair Value
September 30,
2021
|
Valuation
Methodology
|
Unobservable
Input
|
Input/Range
|
Weighted
Average
|
|||||||||||
Alger Capital Appreciation Portfolio
|
|||||||||||||||
Special Purpose Vehicle
|
$
|
1,222,540
|
Cost Approach
|
Priced at Cost
|
N/A
|
N/A
|
|||||||||
Alger Large Cap Growth Portfolio
|
|||||||||||||||
Special Purpose Vehicle
|
3,042,128
|
Cost Approach
|
Priced at Cost
|
N/A
|
N/A
|
||||||||||
Alger Mid Cap Growth Portfolio
|
|||||||||||||||
Preferred Stocks
|
25,563
|
Income Approach
|
Discount Rate
|
72.50%-77.50%
|
|
N/A
|
|||||||||
Rights
|
327,325
|
Income Approach
|
Discount Rate
|
3.40%-5.12%
|
|
N/A
|
|||||||||
|
|
|
|
Probability of
Success
|
0.00%-100.00%
|
N/A
|
|||||||||
Special Purpose Vehicle
|
1,949,281
|
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
|
Fair Value
September 30,
2021
|
Valuation
Methodology
|
Unobservable
Input
|
Input/Range
|
Weighted
Average
|
||||||||||
Alger Small Cap Growth Portfolio
|
||||||||||||||
Preferred Stocks
|
$
|
11,307
|
Income
Approach
|
Discount Rate
|
72.50%-77.50%
|
N/A
|
||||||||
Rights
|
221,629
|
Income
|
Discount Rate
|
3.40%-5.12%
|
N/A
|
|||||||||
|
Approach
|
|||||||||||||
|
Probability of
Success
|
0.00%-100.00%
|
N/A
|
|||||||||||
Special Purpose Vehicle
|
2,747,692
|
Cost Approach
|
Priced at Cost
|
N/A
|
N/A
|
TOTAL FUND
|
LEVEL 1 |
LEVEL 2 | LEVEL 3 | |||||||||||||
Cash, Foreign cash and Cash equivalents:
|
||||||||||||||||
Alger Capital Appreciation Portfolio
|
$
|
5,361,886
|
$
|
—
|
$
|
5,361,886
|
$
|
—
|
||||||||
Alger Large Cap Growth Portfolio
|
4,058,877
|
—
|
4,058,877
|
—
|
||||||||||||
Alger Mid Cap Growth Portfolio
|
(33,125
|
)
|
—
|
(33,125
|
)
|
—
|
||||||||||
Alger Growth & Income Portfolio
|
120,605
|
—
|
120,605
|
—
|
||||||||||||
Alger Weatherbie Specialized Growth Portfolio
|
56,349
|
—
|
56,349
|
—
|
||||||||||||
Alger Small Cap Growth Portfolio
|
6,139,805
|
—
|
6,139,805
|
—
|
||||||||||||
Alger Balanced Portfolio
|
3,796,247
|
—
|
3,796,247
|
—
|
||||||||||||
Total
|
$
|
19,500,644
|
$
|
—
|
$
|
19,500,644
|
$
|
—
|
Security
|
Value at
December31, 2020
|
Purchases/
Conversion
|
Sales/
Conversion
|
Dividend/
InterestIncome
|
Realized
Gain (Loss)
|
Net Change
inApp(Dep)
|
Value at
September30, 2021
|
|||||||||||||||||||||
Alger Capital Appreciation Portfolio
|
||||||||||||||||||||||||||||
Special Purpose Vehicle
|
||||||||||||||||||||||||||||
Crosslink Ventures Capital LLC,
|
||||||||||||||||||||||||||||
Cl. A
|
$
|
475,000
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
285,532
|
$
|
760,532
|
||||||||||||||
Total
|
$
|
475,000
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
285,532
|
$
|
760,532
|
Security
|
Value at
December31, 2020
|
Purchases/
Conversion
|
Sales/
Conversion
|
Dividend/
InterestIncome
|
Realized
Gain (Loss)
|
Net Change
inApp(Dep)
|
Value at
September30, 2021
|
|||||||||||||||||||||
Alger Large Cap Growth Portfolio
|
||||||||||||||||||||||||||||
Common Stocks
|
||||||||||||||||||||||||||||
Alger 25 Fund, Cl. P*
|
$
|
13,794,828
|
$
|
–
|
$
|
(9,916,555
|
)
|
$
|
1,428,317
|
$
|
–
|
$
|
(5,306,590
|
)
|
$
|
–
|
||||||||||||
Alger 35 ETF
|
–
|
7,008,140
|
–
|
–
|
–
|
642,815
|
7,650,955
|
|||||||||||||||||||||
Alger 35 Fund*
|
–
|
9,916,555
|
(7,000,000
|
)
|
–
|
2,591,804
|
2,637,242
|
8,145,601
|
||||||||||||||||||||
Special Purpose Vehicle
|
||||||||||||||||||||||||||||
Crosslink Ventures Capital LLC,
|
||||||||||||||||||||||||||||
Cl. A
|
1,900,000
|
–
|
–
|
–
|
–
|
1,142,128
|
3,042,128
|
|||||||||||||||||||||
Total
|
$
|
15,694,828
|
$
|
16,924,695
|
$
|
(16,916,555
|
)
|
$
|
1,428,317
|
$
|
2,591,804
|
$
|
(884,405
|
)
|
$
|
18,838,684
|
Security |
Value at
December31, 2020
|
Purchases/
Conversion
|
Sales/
Conversion
|
Dividend/
InterestIncome
|
Realized
Gain (Loss)
|
Net Change
inApp(Dep)
|
Value at
September30, 2021
|
|||||||||||||||||||||
Alger Mid Cap Growth Portfolio
|
||||||||||||||||||||||||||||
Common Stocks
|
||||||||||||||||||||||||||||
Alger Mid Cap 40 ETF
|
$
|
–
|
$
|
7,074,371
|
$
|
(109,408
|
)
|
$
|
–
|
$
|
(5,044
|
)
|
$
|
779,972
|
$
|
7,739,891
|
||||||||||||
Preferred Stocks
|
||||||||||||||||||||||||||||
Prosetta Biosciences, Inc.,
|
||||||||||||||||||||||||||||
Series D
|
25,563
|
–
|
–
|
–
|
–
|
–
|
25,563
|
|||||||||||||||||||||
Special Purpose Vehicle
|
||||||||||||||||||||||||||||
Crosslink Ventures Capital LLC,
|
||||||||||||||||||||||||||||
Cl. A
|
875,000
|
–
|
–
|
–
|
–
|
525,980
|
1,400,980
|
|||||||||||||||||||||
Crosslink Ventures Capital LLC,
|
||||||||||||||||||||||||||||
Cl. B
|
325,000
|
–
|
–
|
–
|
–
|
223,301
|
548,301
|
|||||||||||||||||||||
Total
|
$
|
1,225,563
|
$
|
7,074,371
|
$
|
(109,409
|
)
|
$
|
–
|
$
|
(5,044
|
)
|
$
|
1,529,253
|
$
|
9,714,735
|
Security |
Value at
December31, 2020
|
Purchases/
Conversion
|
Sales/
Conversion
|
Dividend/
InterestIncome
|
Realized
Gain (Loss)
|
Net Change
inApp(Dep)
|
Value at
September30, 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
December31, 2020
|
Purchases/
Conversion
|
Sales/
Conversion
|
Dividend/
InterestIncome
|
Realized
Gain (Loss)
|
Net Change
inApp(Dep)
|
Value at
September30, 2021
|
|||||||||||||||||||||
Alger Small Cap Growth Portfolio
|
||||||||||||||||||||||||||||
Preferred Stocks
|
||||||||||||||||||||||||||||
Prosetta Biosciences, Inc.,
|
||||||||||||||||||||||||||||
Series D
|
$
|
11,307
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
11,307
|
||||||||||||||
Special Purpose Vehicle
|
||||||||||||||||||||||||||||
Crosslink Ventures Capital LLC,
|
||||||||||||||||||||||||||||
Cl. A
|
1,400,000
|
–
|
–
|
–
|
–
|
841,568
|
2,241,568
|
|||||||||||||||||||||
Crosslink Ventures Capital LLC,
|
||||||||||||||||||||||||||||
Cl. B
|
300,000
|
–
|
–
|
–
|
–
|
206,124
|
506,124
|
|||||||||||||||||||||
Total
|
$
|
1,711,307
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
–
|
$
|
1,047,692
|
$
|
2,758,999
|