COMMON STOCKS—93.8%
|
SHARES
|
VALUE
|
||||||
ADVERTISING—1.7%
|
||||||||
The Trade Desk, Inc., Cl. A*
|
2,710
|
$
|
211,786
|
|||||
AEROSPACE & DEFENSE—2.0%
|
||||||||
HEICO Corp., Cl. A
|
1,965
|
253,917
|
||||||
APPAREL RETAIL—1.5%
|
||||||||
Burlington Stores, Inc.*
|
1,392
|
188,338
|
||||||
APPLICATION SOFTWARE—4.2%
|
||||||||
AppFolio, Inc., Cl. A*
|
2,880
|
525,974
|
||||||
AUTOMOBILE MANUFACTURERS—2.6%
|
||||||||
Rivian Automotive, Inc., Cl. A*
|
8,356
|
202,884
|
||||||
Tesla, Inc.*
|
497
|
124,359
|
||||||
|
327,243
|
|||||||
BIOTECHNOLOGY—5.0%
|
||||||||
Amgen, Inc.
|
966
|
259,622
|
||||||
Cabaletta Bio, Inc.*
|
24,260
|
369,237
|
||||||
|
628,859
|
|||||||
BROADLINE RETAIL—6.9%
|
||||||||
Amazon.com, Inc.*
|
3,915
|
497,675
|
||||||
MercadoLibre, Inc.*
|
292
|
370,221
|
||||||
|
867,896
|
|||||||
CABLE & SATELLITE—2.0%
|
||||||||
Charter Communications, Inc., Cl. A*
|
563
|
247,619
|
||||||
CASINOS & GAMING—3.0%
|
||||||||
DraftKings, Inc., Cl. A*
|
12,908
|
380,012
|
||||||
COMMUNICATIONS EQUIPMENT—2.5%
|
||||||||
Arista Networks, Inc.*
|
1,747
|
321,326
|
||||||
ELECTRONIC EQUIPMENT & INSTRUMENTS—1.6%
|
||||||||
908 Devices, Inc.*
|
31,179
|
207,652
|
||||||
HOTELS RESORTS & CRUISE LINES—3.9%
|
||||||||
Booking Holdings, Inc.*
|
43
|
132,610
|
||||||
Lindblad Expeditions Holdings, Inc.*
|
49,440
|
355,968
|
||||||
|
488,578
|
|||||||
INTERACTIVE MEDIA & SERVICES—16.1%
|
||||||||
Alphabet, Inc., Cl. A*
|
2,877
|
376,484
|
||||||
Match Group, Inc.*
|
6,022
|
235,912
|
||||||
Meta Platforms, Inc., Cl. A*
|
3,017
|
905,733
|
||||||
Pinterest, Inc., Cl. A*
|
18,928
|
511,624
|
||||||
|
2,029,753
|
|||||||
INTERNET SERVICES & INFRASTRUCTURE—2.0%
|
||||||||
MongoDB, Inc., Cl. A*
|
487
|
168,434
|
||||||
Shopify, Inc., Cl. A*
|
1,673
|
91,295
|
||||||
|
259,729
|
|||||||
MOVIES & ENTERTAINMENT—3.5%
|
||||||||
Netflix, Inc.*
|
842
|
317,939
|
||||||
Spotify Technology SA*
|
799
|
123,558
|
||||||
|
441,497
|
COMMON STOCKS—93.8% (CONT.)
|
SHARES
|
VALUE
|
||||||
OIL & GAS EQUIPMENT & SERVICES—5.1%
|
||||||||
Schlumberger NV
|
10,990
|
$
|
640,717
|
|||||
OIL & GAS EXPLORATION & PRODUCTION—4.2%
|
||||||||
Pioneer Natural Resources Co.
|
2,340
|
537,147
|
||||||
PHARMACEUTICALS—4.0%
|
||||||||
Eli Lilly & Co.
|
946
|
508,125
|
||||||
SEMICONDUCTORS—11.5%
|
||||||||
Marvell Technology, Inc.
|
2,432
|
131,644
|
||||||
NVIDIA Corp.
|
2,737
|
1,190,568
|
||||||
Rambus, Inc.*
|
2,262
|
126,197
|
||||||
|
1,448,409
|
|||||||
SYSTEMS SOFTWARE—10.5%
|
||||||||
Microsoft Corp.
|
2,964
|
935,883
|
||||||
Zscaler, Inc.*
|
2,527
|
393,176
|
||||||
|
1,329,059
|
|||||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $11,373,132)
|
11,843,636
|
|||||||
Total Investments
|
||||||||
(Cost $11,373,132)
|
93.8
|
%
|
$
|
11,843,636
|
||||
Unaffiliated Securities (Cost $11,373,132)
|
11,843,636
|
|||||||
Other Assets in Excess of Liabilities
|
6.2
|
%
|
779,704
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
12,623,340
|
COMMON STOCKS—91.3%
|
SHARES
|
VALUE
|
||||||
ADVERTISING—3.4%
|
||||||||
The Trade Desk, Inc., Cl. A*
|
11,742
|
$
|
917,637
|
|||||
AEROSPACE & DEFENSE—6.8%
|
||||||||
HEICO Corp., Cl. A
|
9,394
|
1,213,893
|
||||||
TransDigm Group, Inc.*
|
708
|
596,936
|
||||||
|
1,810,829
|
|||||||
APPLICATION SOFTWARE—16.2%
|
||||||||
AppFolio, Inc., Cl. A*
|
5,692
|
1,039,530
|
||||||
Datadog, Inc., Cl. A*
|
8,592
|
782,645
|
||||||
Manhattan Associates, Inc.*
|
5,878
|
1,161,845
|
||||||
Procore Technologies, Inc.*
|
5,087
|
332,283
|
||||||
PTC, Inc.*
|
3,364
|
476,612
|
||||||
Synopsys, Inc.*
|
1,150
|
527,815
|
||||||
|
4,320,730
|
|||||||
AUTOMOTIVE PARTS & EQUIPMENT—2.5%
|
||||||||
Mobileye Global, Inc., Cl. A*
|
15,758
|
654,745
|
||||||
BIOTECHNOLOGY—17.9%
|
||||||||
Apellis Pharmaceuticals, Inc.*
|
2,949
|
112,180
|
||||||
Cabaletta Bio, Inc.*
|
39,746
|
604,934
|
||||||
Exact Sciences Corp.*
|
10,846
|
739,914
|
||||||
Madrigal Pharmaceuticals, Inc.*
|
2,970
|
433,739
|
||||||
Natera, Inc.*
|
20,847
|
922,480
|
||||||
Neurocrine Biosciences, Inc.*
|
4,740
|
533,250
|
||||||
Sarepta Therapeutics, Inc.*
|
6,924
|
839,327
|
||||||
Vaxcyte, Inc.*
|
11,064
|
564,043
|
||||||
|
4,749,867
|
|||||||
BROADLINE RETAIL—1.2%
|
||||||||
MercadoLibre, Inc.*
|
256
|
324,577
|
||||||
CARGO GROUND TRANSPORTATION—3.8%
|
||||||||
Old Dominion Freight Line, Inc.
|
1,645
|
673,035
|
||||||
Saia, Inc.*
|
819
|
326,495
|
||||||
|
999,530
|
|||||||
CASINOS & GAMING—2.8%
|
||||||||
DraftKings, Inc., Cl. A*
|
24,872
|
732,232
|
||||||
ELECTRICAL COMPONENTS & EQUIPMENT—4.3%
|
||||||||
Vertiv Holdings Co., Cl. A
|
30,506
|
1,134,823
|
||||||
ENVIRONMENTAL & FACILITIES SERVICES—2.0%
|
||||||||
Waste Connections, Inc.
|
3,882
|
521,353
|
||||||
HEALTH CARE DISTRIBUTORS—2.1%
|
||||||||
McKesson Corp.
|
1,285
|
558,782
|
||||||
HEALTH CARE EQUIPMENT—2.2%
|
||||||||
Shockwave Medical, Inc.*
|
2,884
|
574,204
|
||||||
HEALTH CARE SUPPLIES—0.8%
|
||||||||
Align Technology, Inc.*
|
731
|
223,189
|
||||||
HOMEBUILDING—1.2%
|
||||||||
NVR, Inc.*
|
54
|
322,018
|
||||||
INDUSTRIAL MACHINERY & SUPPLIES & COMPONENTS—2.1%
|
||||||||
Helios Technologies, Inc.
|
10,262
|
569,336
|
COMMON STOCKS—91.3% (CONT.)
|
SHARES
|
VALUE
|
||||||
INTERACTIVE MEDIA & SERVICES—1.6%
|
||||||||
Pinterest, Inc., Cl. A*
|
15,395
|
$
|
416,127
|
|||||
INTERNET SERVICES & INFRASTRUCTURE—1.4%
|
||||||||
Snowflake, Inc., Cl. A*
|
2,467
|
376,883
|
||||||
MOVIES & ENTERTAINMENT—4.8%
|
||||||||
Liberty Media Corp. Series C Liberty Formula One*
|
20,481
|
1,275,966
|
||||||
OIL & GAS EXPLORATION & PRODUCTION—2.1%
|
||||||||
Diamondback Energy, Inc.
|
3,552
|
550,134
|
||||||
PERSONAL CARE PRODUCTS—1.6%
|
||||||||
e.l.f. Beauty, Inc.*
|
3,931
|
431,742
|
||||||
SEMICONDUCTORS—2.7%
|
||||||||
indie Semiconductor, Inc., Cl. A*
|
32,972
|
207,724
|
||||||
Monolithic Power Systems, Inc.
|
1,121
|
517,902
|
||||||
|
725,626
|
|||||||
SOFT DRINKS & NON-ALCOHOLIC BEVERAGES—2.7%
|
||||||||
Celsius Holdings, Inc.*
|
4,169
|
715,400
|
||||||
SYSTEMS SOFTWARE—3.0%
|
||||||||
Crowdstrike Holdings, Inc., Cl. A*
|
2,481
|
415,270
|
||||||
SentinelOne, Inc., Cl. A*
|
23,465
|
395,620
|
||||||
|
810,890
|
|||||||
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—2.1%
|
||||||||
Super Micro Computer, Inc.*
|
2,017
|
553,102
|
||||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $22,879,691)
|
24,269,722
|
|||||||
Total Investments
|
||||||||
(Cost $22,879,691)
|
91.3
|
%
|
$
|
24,269,722
|
||||
Unaffiliated Securities (Cost $22,879,691)
|
24,269,722
|
|||||||
Other Assets in Excess of Liabilities
|
8.7
|
%
|
2,312,069
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
26,581,791
|
COMMON STOCKS—94.4%
|
SHARES
|
VALUE
|
||||||
ADVERTISING—1.3%
|
||||||||
The Trade Desk, Inc., Cl. A*
|
684
|
$
|
53,455
|
|||||
AEROSPACE & DEFENSE—12.0%
|
||||||||
HEICO Corp.
|
596
|
96,510
|
||||||
TransDigm Group, Inc.*
|
447
|
376,879
|
||||||
|
473,389
|
|||||||
APPLICATION SOFTWARE—11.5%
|
||||||||
HubSpot, Inc.*
|
255
|
125,588
|
||||||
nCino, Inc.*
|
2,284
|
72,631
|
||||||
SPS Commerce, Inc.*
|
689
|
117,550
|
||||||
Vertex, Inc., Cl. A*
|
5,869
|
135,574
|
||||||
|
451,343
|
|||||||
ASSET MANAGEMENT & CUSTODY BANKS—3.1%
|
||||||||
StepStone Group, Inc., Cl. A
|
3,838
|
121,204
|
||||||
BIOTECHNOLOGY—1.9%
|
||||||||
ACADIA Pharmaceuticals, Inc.*
|
3,560
|
74,190
|
||||||
BROADLINE RETAIL—3.6%
|
||||||||
Ollie’s Bargain Outlet Holdings, Inc.*
|
1,832
|
141,394
|
||||||
CARGO GROUND TRANSPORTATION—5.1%
|
||||||||
RXO, Inc.*
|
4,653
|
91,804
|
||||||
XPO, Inc.*
|
1,440
|
107,510
|
||||||
|
199,314
|
|||||||
ENVIRONMENTAL & FACILITIES SERVICES—18.1%
|
||||||||
Casella Waste Systems, Inc., Cl. A*
|
4,614
|
352,048
|
||||||
Montrose Environmental Group, Inc.*
|
1,490
|
43,597
|
||||||
Waste Connections, Inc.
|
2,363
|
317,351
|
||||||
|
712,996
|
|||||||
HEALTHCARE EQUIPMENT—8.8%
|
||||||||
Glaukos Corp.*
|
2,395
|
180,224
|
||||||
Inspire Medical Systems, Inc.*
|
333
|
66,080
|
||||||
Insulet Corp.*
|
287
|
45,774
|
||||||
Nevro Corp.*
|
2,901
|
55,757
|
||||||
|
347,835
|
|||||||
HUMAN RESOURCE & EMPLOYMENT SERVICES—5.1%
|
||||||||
Paylocity Holding Corp.*
|
1,104
|
200,597
|
||||||
MANAGED HEALTHCARE—5.6%
|
||||||||
Progyny, Inc.*
|
6,433
|
218,851
|
||||||
REAL ESTATE SERVICES—8.9%
|
||||||||
FirstService Corp.
|
2,402
|
349,587
|
||||||
SEMICONDUCTORS—1.8%
|
||||||||
Impinj, Inc.*
|
1,282
|
70,548
|
||||||
TRADING COMPANIES & DISTRIBUTORS—3.5%
|
||||||||
SiteOne Landscape Supply, Inc.*
|
835
|
136,481
|
COMMON STOCKS—94.4% (CONT.)
|
SHARES
|
VALUE
|
||||||
TRANSACTION & PAYMENT PROCESSING SERVICES—4.1%
|
||||||||
Flywire Corp.*
|
5,129
|
$
|
163,564
|
|||||
TOTAL COMMON STOCKS
|
||||||||
(Cost $3,524,714)
|
|
|
3,714,748
|
|||||
Total Investments
|
||||||||
(Cost $3,524,714)
|
94.4
|
% | $ |
3,714,748
|
||||
Unaffiliated Securities (Cost $3,524,714)
|
3,714,748
|
|||||||
Other Assets in Excess of Liabilities
|
5.6
|
%
|
219,361
|
|||||
NET ASSETS
|
100.0
|
%
|
$
|
3,934,109
|
• |
Level 1 – quoted prices in active markets for identical investments
|
• |
Level 2 – significant other observable inputs (including quoted prices for similar investments, amortized cost, interest rates, prepayment speeds, credit risk, etc.)
|
• |
Level 3 – significant unobservable inputs (including the Funds’ own assumptions in determining the fair value of investments)
|
Alger 35 ETF
|
TOTAL
|
LEVEL 1
|
LEVEL 2 |
LEVEL 3
|
||||||||||||
COMMON STOCKS
|
||||||||||||||||
Communication Services
|
$
|
2,930,655
|
$
|
2,930,655
|
$ | — |
$
|
— | ||||||||
Consumer Discretionary
|
2,252,067
|
2,252,067
|
— | — | ||||||||||||
Energy
|
1,177,864
|
1,177,864
|
— | — | ||||||||||||
Healthcare
|
1,136,984
|
1,136,984
|
— | — | ||||||||||||
Industrials
|
253,917
|
253,917
|
— | — | ||||||||||||
Information Technology
|
4,092,149
|
4,092,149
|
— | — | ||||||||||||
TOTAL COMMON STOCKS
|
$
|
11,843,636
|
$
|
11,843,636
|
$ | — |
$
|
— | ||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$
|
11,843,636
|
$
|
11,843,636
|
$ | — |
$
|
— |
Alger Mid Cap 40 ETF
|
TOTAL
|
LEVEL 1
|
LEVEL 2 |
LEVEL 3
|
||||||||||||
COMMON STOCKS
|
||||||||||||||||
Communication Services
|
2,609,730
|
2,609,730
|
— | — | ||||||||||||
Consumer Discretionary
|
2,033,572
|
2,033,572
|
— | — | ||||||||||||
Consumer Staples
|
1,147,142
|
1,147,142
|
— | — | ||||||||||||
Energy
|
550,134
|
550,134
|
— | — | ||||||||||||
Healthcare
|
6,106,042
|
6,106,042
|
— | — | ||||||||||||
Industrials
|
5,035,871
|
5,035,871
|
— | — | ||||||||||||
Information Technology
|
6,787,231
|
6,787,231
|
— | — | ||||||||||||
TOTAL COMMON STOCKS
|
$
|
24,269,722
|
$
|
24,269,722
|
$ | — |
$
|
— | ||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$
|
24,269,722
|
$
|
24,269,722
|
$ | — |
$
|
— |
Alger Weatherbie Enduring Growth ETF
|
TOTAL
|
LEVEL 1
|
LEVEL 2 |
LEVEL 3
|
||||||||||||
COMMON STOCKS
|
||||||||||||||||
Communication Services
|
53,455
|
53,455
|
— | — | ||||||||||||
Consumer Discretionary
|
141,394
|
141,394
|
— | — | ||||||||||||
Financials
|
284,768
|
284,768
|
— | — | ||||||||||||
Healthcare
|
74,190
|
74,190
|
— | — | ||||||||||||
Industrials
|
2,289,463
|
2,289,463
|
— | — | ||||||||||||
Information Technology
|
521,891
|
521,891
|
— | — | ||||||||||||
Real Estate
|
349,587
|
349,587
|
— | — | ||||||||||||
TOTAL COMMON STOCKS
|
$
|
3,714,748
|
$
|
3,714,748
|
$ | — |
$
|
— | ||||||||
TOTAL INVESTMENTS IN SECURITIES
|
$
|
3,714,748
|
$
|
3,714,748
|
$ | — |
$
|
— |
|
TOTAL FUND |
LEVEL 1 |
LEVEL 2 |
LEVEL 3 |
||||||||||||
Cash and cash equivalents
|
||||||||||||||||
Alger 35 ETF
|
$
|
797,637
|
$ | — |
$
|
797,637
|
$
|
—
|
||||||||
Alger Mid Cap 40 ETF
|
2,350,406
|
— |
2,350,406
|
—
|
||||||||||||
Alger Weatherbie Enduring Growth ETF
|
271,773
|
— |
271,773
|
—
|