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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEBIUS GROUP NV</name>
        <lei>549300GGZHJ5Q1B18P93</lei>
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          <isin value="NL0009805522"/>
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        <invCountry>NL</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FIGURE TECHNOLOGY SOLUTIONS INC</name>
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          <isin value="US3493811034"/>
          <ticker value="FIGR"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>QXO INC</name>
        <lei>N/A</lei>
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          <isin value="US82846H4056"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ROCKET COMPANIES INC</name>
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          <isin value="US77311W1018"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABIVAX SA</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SNOWFLAKE INC</name>
        <lei>254900CJNSY1K7T53Z16</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Anthropic PBC</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>GFL ENVIRONMENTAL INC</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NVIDIA CORP</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MERCADOLIBRE INC</name>
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        <title>MERCADOLIBRE INC COM</title>
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          <ticker value="MELI"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>META PLATFORMS INC</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>META PLATFORMS INC CL A</title>
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          <isin value="US30303M1027"/>
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        <fairValLevel>1</fairValLevel>
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        <name>ARROWHEAD PHARMACEUTICALS INC</name>
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          <isin value="US04280A1007"/>
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        <fairValLevel>1</fairValLevel>
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        <name>BIOGEN INC</name>
        <lei>W8J5WZB5IY3K0NDQT671</lei>
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          <ticker value="BIIB"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SHARKNINJA INC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ALPHABET INC</name>
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        <title>ALPHABET INC CAP STK CL C</title>
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          <ticker value="GOOG"/>
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        <fairValLevel>1</fairValLevel>
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        <name>APPLE INC</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
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        <name>SEAGATE TECHNOLOGY HOLDINGS PLC</name>
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        <invCountry>IE</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Dreyfus Treasury Obligations Cash Management</name>
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        <title>Dreyfus Treasury Obligations Cash Management Fund</title>
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          <ticker value="DTRXX"/>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>ADVANCED MICRO DEVICES INC</name>
        <lei>R2I72C950HOYXII45366</lei>
        <title>ADVANCED MICRO DEVICES INC COM</title>
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          <ticker value="AMD"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Figure AI Inc Class C</name>
        <lei>N/A</lei>
        <title>FIGURE AI</title>
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        <fairValLevel>3</fairValLevel>
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        <name>TWILIO INC</name>
        <lei>5493004W8TRGD63APX93</lei>
        <title>TWILIO INC CL A</title>
        <cusip>90138F102</cusip>
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          <ticker value="TWLO"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SPACE EXPLORATION TECHNOLOGIES CORP</name>
        <lei>549300B9WLO96RQCXP87</lei>
        <title>SPACE EXPLORATION TECHNOLOGIES CORP CLASS A COM STK</title>
        <cusip>84615Q103</cusip>
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          <isin value="US84615Q1031"/>
          <ticker value="SPCX"/>
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        <balance>871569.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94451932.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MONGODB INC</name>
        <lei>549300TPTG69WKWE1Z37</lei>
        <title>MONGODB INC CL A</title>
        <cusip>60937P106</cusip>
        <identifiers>
          <isin value="US60937P1066"/>
          <ticker value="MDB"/>
        </identifiers>
        <balance>35106.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11847572.88000000</valUSD>
        <pctVal>0.166340081790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEICO CORP</name>
        <lei>529900O1DTDLCJ7L0I14</lei>
        <title>HEICO CORP CL A</title>
        <cusip>422806208</cusip>
        <identifiers>
          <isin value="US4228062083"/>
          <ticker value="HEI/A"/>
        </identifiers>
        <balance>259082.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>66656616.96000000</valUSD>
        <pctVal>0.935859794181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-09-24</ncom:dateSigned>
      <ncom:nameOfApplicant>ALGER INSTITUTIONAL FUNDS</ncom:nameOfApplicant>
      <ncom:signature>Michael D. Martins</ncom:signature>
      <ncom:signerName>Michael D. Martins</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
