Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

The Alger ETF Trust (ALAI)

86 + Investors. Track Smart Money conviction in ALAI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +21
Streak
1Q ▲
Buyers last Q
71%

Smart Money Signals — ALAI

Based on 86 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ALAI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
86 hedge funds hold ALAI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +330% more funds vs a year ago

fund count last 6Q
+66 new funds entered over the past year (+330% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 71% buying

60 buying24 selling
Last quarter: 60 funds were net buyers (27 opened a brand new position + 33 added to an existing one). Only 24 were sellers (18 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+17 vs last Q)

new funds entering per quarter
Funds opening a new ALAI position: 26 → 25 → 10 → 27. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 55% entered in last year

■ 0% conviction (2yr+) ■ 45% medium ■ 55% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +57% but shares only +14% — price-driven

Value
+56%
Shares
+13%
Last quarter: the total dollar value of institutional holdings rose +57%, but actual share count only changed +14%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📊

Peak discovery — momentum slowing

9 → 26 → 25 → 10 → 27 new funds/Q
New funds entering each quarter: 26 → 25 → 10 → 27. ALAI is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 85% of holders entered in last year

■ 0% veterans ■ 15% 1-2yr ■ 85% new
Of 86 current holders: 73 (85%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 26% AUM from major funds

26% from top-100 AUM funds
8 of 86 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.8
out of 10
Moderate Exit Risk
Exit risk score 5.8/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ALAI

In 2026 Q2, 60 hedge funds were net buyers of ALAI (27 opened a new position, 33 added to an existing one), while 24 reduced or exited (18 trimmed, 6 sold completely) — a 71% buyer ratio, indicating clear institutional accumulation. 26% of total institutional value in ALAI is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +21 funds (more new holders than closures). Total institutional holders: 86.

Hedge Fund Ownership: ALAI

How many hedge funds hold ALAI — quarterly history vs. share price
Quarterly hedge fund ownership of ALAI vs. share price

Market Analysis: ALAI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ALAI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 2 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: ALAI
86 + Investors

Track Smart Money conviction in ALAI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 86 65 32.31%
13F Shares 7M 6M 13.74%
Total Value $300M $191M 56.88%
New Positions 27 10 +17
Increased Positions 33 39 -6
Closed Positions 6 13 -7
Reduced Positions 18 12 +6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ALAI

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

86 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ALAI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ALAI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sunrise Financial Services, LLC 3.18% 117,333 $5.4M
2 Nwm Advisors, LLC 2.85% 79,266 $3.6M
3 Goldstein Advisors, LLC 2.66% 638,243 $29.1M
4 Colonial River Investments, LLC 1.75% 134,688 $6.1M
5 Prosperity Financial Group, Inc. 1.63% 115,559 $5.3M
6 Noble Wealth Management PBC 1.36% 66,568 $3.0M
7 Traphagen Investment Advisors LLC 1.35% 413,367 $18.9M
8 Berbice Capital Management LLC 1.17% 49,514 $2.3M
9 Arkadios Wealth Advisors 0.93% 1,339,871 $61.2M
10 Proactive Wealth Strategies LLC 0.83% 113,128 $5.2M
11 Sankala Group LLC 0.62% 20,879 $935K
12 PMG Wealth Management, Inc. 0.52% 18,529 $846K
13 Western Pacific Wealth Management, LP 0.45% 10,815 $494K
14 Onyx Bridge Wealth Group LLC 0.42% 101,124 $4.6M
15 PCG Wealth Advisors, LLC 0.36% 35,845 $1.6M
16 Apollon Financial, LLC 0.32% 59,706 $2.7M
17 Ocean Park Asset Management, LLC 0.31% 140,332 $6.4M
18 Hibernia Wealth Partners, LLC 0.24% 9,561 $436K
19 Great Valley Advisor Group, INC. 0.20% 273,286 $12.5M
20 Three Magnolias Financial Advisors, LLC 0.19% 7,505 $343K
21 Whipplewood Advisors, LLC 0.19% 6,157 $281K
22 Triton Wealth Management, PLLC 0.19% 13,633 $607K
23 Prospect Financial Services LLC 0.18% 7,945 $363K
24 Smith, Moore & CO. 0.17% 58,777 $2.7M
25 Wealth Effects LLC 0.12% 9,701 $443K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — The Alger ETF Trust (ALAI)

What does the Smart Money Trend signal show for ALAI?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ALAI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ALAI?

More buyers than sellers — 71% buying: Last quarter: 60 funds were net buyers (27 opened a brand new position + 33 added to an existing one). Only 24 were sellers (18 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ALAI holders?

Strong quality — 26% AUM from major funds: 8 of 86 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held ALAI?

Mostly new holders — 55% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →