Alger Concentrated Equity ETF CNEQ
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Net expense ratio
- 0.56%
- Net assets
- $731.5M
- Holdings
- 30
- 12-month distribution yield
- 0.46%
- Asset class
- Equity
Alger Concentrated Equity ETF (CNEQ) is an exchange-traded fund listed on NYSE Arca in the United States. Its category is Equity · Global (equity). Its last price was US$38.73 on 20 Oct 2026. Its net expense ratio is 0.56% a year, from its prospectus dated 30 Apr 2026. It reported net assets of US$731.52 million as of 30 Jun 2026. Its latest holdings report lists 30 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$0.18 a unit, a 12-month distribution yield of 0.46%, paid yearly.
Fees
- Total annual operating expenses (gross)
- 0.66%
- Net, after fee waivers or reimbursements
- 0.56%
- Management fee
- 0.45%
- Prospectus date
- 30 Apr 2026
- Filed with the SEC
- 28 Apr 2026
Size and reporting
- Net assets
- $731,520,735
- Total assets
- $736,371,054
- Holdings as of
- 30 Jun 2026
- Report made public
- 27 Aug 2026 (58 days after the month end)
Top holdings
Largest 25 of 30 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | NVIDIA CORP NVIDIA CORP COM | US67066G1040 | 13.06% | $95.5M | Equity (common) | United States | USD |
| 2 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD SPONSORED ADS | US8740391003 | 6.10% | $44.6M | Equity (common) | Taiwan | USD |
| 3 | MICROSOFT CORP MICROSOFT CORP COM | US5949181045 | 5.80% | $42.4M | Equity (common) | United States | USD |
| 4 | ALPHABET INC ALPHABET INC CAP STK CL C | US02079K1079 | 5.65% | $41.3M | Equity (common) | United States | USD |
| 5 | NEBIUS GROUP NV NEBIUS GROUP NV COM USD0.01 CL 'A | NL0009805522 | 5.40% | $39.5M | Equity (common) | Netherlands | USD |
| 6 | Anthropic PBC | No identifier reported | 5.28% | $38.7M | Equity (common) | United States | USD |
| 7 | WESTERN DIGITAL CORP WESTERN DIGITAL CORP COM | US9581021055 | 5.20% | $38.1M | Equity (common) | United States | USD |
| 8 | AMAZON.COM INC AMAZON.COM INC COM | US0231351067 | 4.62% | $33.8M | Equity (common) | United States | USD |
| 9 | APPLE INC APPLE INC COM | US0378331005 | 4.42% | $32.4M | Equity (common) | United States | USD |
| 10 | BROADCOM INC BROADCOM INC COM | US11135F1012 | 4.17% | $30.5M | Equity (common) | United States | USD |
| 11 | SPACE EXPLORATION TECHNOLOGIES CORP SPACE EXPLORATION TECHNOLOGIES CORP CLASS A COM STK | US84615Q1031 | 3.56% | $26.1M | Equity (common) | United States | USD |
| 12 | TESLA INC TESLA INC COM | US88160R1014 | 3.16% | $23.1M | Equity (common) | United States | USD |
| 13 | GE VERNOVA INC GE VERNOVA INC COM | US36828A1016 | 3.05% | $22.3M | Equity (common) | United States | USD |
| 14 | QXO INC QXO INC COM NEW | US82846H4056 | 2.96% | $21.6M | Equity (common) | United States | USD |
| 15 | TALEN ENERGY CORP TALEN ENERGY CORP COM | US87422Q1094 | 2.90% | $21.2M | Equity (common) | United States | USD |
| 16 | META PLATFORMS INC META PLATFORMS INC CL A | US30303M1027 | 2.79% | $20.4M | Equity (common) | United States | USD |
| 17 | APPLOVIN CORP APPLOVIN CORP COM CL A | US03831W1080 | 2.57% | $18.8M | Equity (common) | United States | USD |
| 18 | SEA LTD SEA LTD SPONSORD ADS | US81141R1005 | 2.24% | $16.4M | Equity (common) | Cayman Islands | USD |
| 19 | ASTERA LABS INC ASTERA LABS INC COM | US04626A1034 | 2.11% | $15.5M | Equity (common) | United States | USD |
| 20 | Figure AI Inc Class C | No identifier reported | 2.03% | $14.9M | Equity (common) | United States | USD |
| 21 | HEICO CORP HEICO CORP CL A | US4228062083 | 2.02% | $14.8M | Equity (common) | United States | USD |
| 22 | GFL ENVIRONMENTAL INC GFL ENVIRONMENTAL INC SUB VTG SHS | CA36168Q1046 | 1.75% | $12.8M | Equity (common) | Canada | USD |
| 23 | ELI LILLY & COMPANY ELI LILLY & COMPANY COM | US5324571083 | 1.73% | $12.6M | Equity (common) | United States | USD |
| 24 | MICRON TECHNOLOGY INC MICRON TECHNOLOGY INC COM | US5951121038 | 1.58% | $11.5M | Equity (common) | United States | USD |
| 25 | 2026 VDC LP SPV | No identifier reported | 1.49% | $10.9M | Equity (common) | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity (common) | 100.65% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 84.07% | |
| Taiwan | 6.10% | |
| Netherlands | 5.40% | |
| Cayman Islands | 2.24% | |
| Canada | 1.75% | |
| Denmark | 1.09% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 100.65% |
Sector
| Sector | Weight | Bar |
|---|---|---|
| Technology | 45.66% | |
| Consumer Discretionary | 9.81% | |
| Utilities | 4.65% | |
| Health Care | 4.30% | |
| Industrials | 3.16% | |
| Finance | 0.67% |
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $0.1800
- 12-month yield
- 0.46%
- Frequency
- Yearly
- Latest ex-date
- 18 Dec 2025
12-month yield = distributions per unit with an ex-date in the last 12 months ($0.1800) ÷ latest price ($38.73) × 100 = 0.46%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (2 payments)
| Ex-date | Amount per unit |
|---|---|
| 18 Dec 2025 | $0.1800 |
| 18 Dec 2024 | $0.0410 |
Filings and sources
- Form N-PORT report for June 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000084280) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- CNEQ and VT Vanguard Total World Stock Index ETF
- CNEQ and SMH VanEck Semiconductor ETF
- CNEQ and SOXX iShares PHLX SOX Semiconductor Sector Index Fund
- CNEQ and CGDV Capital Group Dividend Value ETF