Alger
Alger Mid Cap Growth Fund
Mid-cap Growth
Dec 2024 → Sep 2026
Our archive holds 7 letters from this strategy, behind 7 investment theses and positions in 11 companies. Every quote below is copied verbatim from the letter it came from.
7 letters in 3 years · follow all of Alger for every strategy.
What it bought and sold
During the quarter, shares contributed positively to performance fueled by several reinforcing catalysts.
Also held
Its investment theses
- Cloudflare IncSep 2026Cloudflare benefits from its global network, expanding product suite, and AI-driven demand across security, networking, and developer services.
- FTAI Aviation Ltd.Sep 2026FTAI Aviation combines an integrated engine-maintenance platform with data-center power opportunities and benefits from constrained repair capacity and strong demand.
- Western Digital CorporationSep 2026Western Digital is positioned to benefit from data growth and AI storage demand through its scale, profitability, and low-cost hard drive leadership.
- Axon EnterpriseSep 2025Axon Enterprise is a leading provider of public safety technology with a robust growth model driven by recurring software, expanding cloud subscriptions, and AI-enhanced features for law enforcement agencies.
- AppLovinDec 2024AppLovin is an advertising technology company leveraging AI to enhance app marketing and monetization, expanding beyond mobile gaming while gaining a competitive edge through its data-driven platform.
- Astera LabsDec 2024Astera Labs is a semiconductor company specializing in connectivity solutions for data-centric systems, optimizing performance in high-performance computing environments.
- Monolithic Power SystemsDec 2024Monolithic Power Systems is a high-performance power management solutions provider with a fabless model, vital to Nvidia's AI chips, despite concerns over potential share loss being viewed as overstated.