As of 31 Dec 2025, 53 institutional investors reported holding 4,303,848 shares of Alger Concentrated Equity ETF, a series of The Alger ETF Trust - Beneficial Interest (CNEQ). This represents 232% of the company’s total 1,857,053 outstanding shares.
The largest institutional shareholders of Alger Concentrated Equity ETF, a series of The Alger ETF Trust - Beneficial Interest (CNEQ) together control 219% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| LPL Financial LLC | 58% | 1,075,771 | +133% | 0.01% | $36,984,994 |
| RAYMOND JAMES FINANCIAL INC | 31% | 569,921 | +272% | 0.01% | $19,593,884 |
| FLAGSHIP HARBOR ADVISORS, LLC | 21% | 387,071 | +6.3% | 0.63% | $13,307,528 |
| Sanchez Wealth Management Group | 12% | 215,214 | 1.6% | $7,399,084 | |
| COMMONWEALTH EQUITY SERVICES, LLC | 11% | 206,284 | +25% | 0.01% | $7,092,030 |
| Brookwood Investment Group LLC | 11% | 198,245 | 0.82% | $6,815,663 | |
| TRUIST FINANCIAL CORP | 10% | 190,856 | +43% | 0.01% | $6,561,636 |
| NewEdge Advisors, LLC | 8.6% | 160,238 | +15% | 0.02% | $5,509,007 |
| Sanctuary Advisors, LLC | 8.5% | 158,075 | -5.2% | 0.03% | $5,434,620 |
| ENVESTNET ASSET MANAGEMENT INC | 5.9% | 110,393 | +79% | 0% | $3,795,311 |
| Atria Investments, Inc | 5.1% | 95,073 | -34% | 0.04% | $3,268,597 |
| Castle Rock Wealth Management, LLC | 4.9% | 91,781 | +4.1% | 0.66% | $3,049,887 |
| Gladstone Institutional Advisory LLC | 4.4% | 81,127 | +4.4% | 0.11% | $2,789,179 |
| AXXCESS WEALTH MANAGEMENT, LLC | 3.3% | 61,895 | +4.5% | 0.04% | $2,127,963 |
| Colonial River Investments, LLC | 3.3% | 61,519 | +3.8% | 0.75% | $2,115,036 |
| Janney Montgomery Scott LLC | 3% | 56,214 | +155% | 0% | $1,933,000 |
| Harvest Investment Services, LLC | 3% | 55,390 | +0.73% | 0.36% | $1,904,308 |
| Onyx Bridge Wealth Group LLC | 2.3% | 42,315 | -1.8% | 0.15% | $1,454,805 |
| Orion Porfolio Solutions, LLC | 2.3% | 41,968 | -85% | 0.01% | $1,442,862 |
| Worth Financial Advisory Group, LLC | 2.1% | 38,818 | +117% | 0.65% | $1,334,563 |
| Embree Financial Group | 1.9% | 35,710 | +44% | 0.15% | $1,227,725 |
| GWN SECURITIES INC. | 1.8% | 32,819 | +54% | 0.23% | $1,128,351 |
| STIFEL FINANCIAL CORP | 1.8% | 32,620 | +173% | 0% | $1,121,485 |
| American Alpha Advisors, LLC | 1.7% | 30,945 | -23% | 0.67% | $1,063,889 |
| Stratos Wealth Partners, LTD. | 1.5% | 28,658 | +23% | 0.01% | $985,266 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 4,303,848 | $147,860,944 | +$54,389,659 | $34.38 | 53 |
| 2025 Q3 | 2,721,234 | $95,705,617 | +$56,354,865 | $35.16 | 42 |
| 2025 Q2 | 1,022,859 | $30,430,646 | +$24,263,687 | $29.70 | 18 |
| 2025 Q1 | 206,689 | $4,716,802 | +$1,188,116 | $22.78 | 9 |
| 2024 Q4 | 153,353 | $4,065,948 | +$1,844,270 | $25.87 | 7 |
| 2024 Q3 | 81,459 | $1,889,195 | +$1,498,024 | $23.17 | 3 |
| 2024 Q2 | 16,930 | $376,137 | +$376,137 | $22.22 | 1 |