NPORT-P
    false
    
      
      
        
          0000003521
          XXXXXXXX
        
      
      
      
      
        S000009160
        C000024905
        C000024904
        C000095958
        C000024903
      
      
      
    
  
  
    
      Alger Funds
      811-01355
      0000003521
      549300GSR7CWA7IW4H72
      360 Park Avenue South
      NULL
      New York
      
      10010
      212-806-8833
      Alger Small Cap Growth Fund
      S000009160
      549300Z75KIHXNLFOH79
      2021-10-31
      2021-07-31
      N
    
    
      670039401.23
      1237264.80
      668802136.43
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      21146194.02000000
      N
      
        
          
          
          
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
    
    
      
        MAGNITE INC
        54930018FR2YX1HHSB02
        MAGNITE INC 0.00000000
        55955D100
        
          
        
        414015.00000000
        NS
        USD
        12544654.50000000
        1.875689956219
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CROSSLINK VENTURES C LLC
        N/A
        CROSSLINK VENTURES C LLC CALSS A SHARES 0.00000000
        N/A
        
          
        
        72.00000000
        NS
        USD
        2822688.00000000
        0.422051283368
        Long
        EC
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        BUMBLE INC-A
        N/A
        BUMBLE INC-A 0.00000000
        12047B105
        
          
        
        42439.00000000
        NS
        USD
        2159296.32000000
        0.322860260513
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PROOFPOINT INC
        529900C5FODDK0WSR085
        PROOFPOINT INC 0.00000000
        743424103
        
          
        
        46305.00000000
        NS
        USD
        8087631.30000000
        1.209271152028
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        COGNEX CORP
        549300JQTYZCLC43S226
        COGNEX CORP 0.00000000
        192422103
        
          
        
        75217.00000000
        NS
        USD
        6800368.97000000
        1.016798332358
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CARDLYTICS INC
        549300JETJBH94EIPC66
        CARDLYTICS INC 0.00000000
        14161W105
        
          
        
        52307.00000000
        NS
        USD
        6588589.72000000
        0.985132875796
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Q2 HOLDINGS INC
        549300M9RKR9DZXWS696
        Q2 HOLDINGS INC 0.00000000
        74736L109
        
          
        
        107031.00000000
        NS
        USD
        11057372.61000000
        1.653310001224
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DOXIMITY INC-CLASS A
        N/A
        DOXIMITY INC-CLASS A 0.00000000
        26622P107
        
          
        
        17954.00000000
        NS
        USD
        1111352.60000000
        0.166170611525
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        INOGEN INC
        549300J8WJIVTOJ8IH97
        INOGEN INC 0.00000000
        45780L104
        
          
        
        111357.00000000
        NS
        USD
        8882947.89000000
        1.328187726405
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SOLAREDGE TECHNOLOGIES INC
        5493000K6Y58XXPDF853
        SOLAREDGE TECHNOLOGIES INC 0.00000000
        83417M104
        
          
        
        17162.00000000
        NS
        USD
        4453195.76000000
        0.665846521330
        Long
        EC
        CORP
        IL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        CYTEK BIOSCIENCES INC
        549300K2J28BOC6FBO89
        CYTEK BIOSCIENCES INC 0.00000000
        23285D109
        
          
        
        54819.00000000
        NS
        USD
        1215885.42000000
        0.181800468893
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MAGNOLIA OIL & GAS CORP - A
        N/A
        MAGNOLIA OIL & GAS CORP - A 0.00000000
        559663109
        
          
        
        600189.00000000
        NS
        USD
        8402646.00000000
        1.256372481830
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ALPHA TEKNOVA INC
        N/A
        ALPHA TEKNOVA INC 0.00000000
        02080L102
        
          
        
        31386.00000000
        NS
        USD
        697396.92000000
        0.104275522163
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CHEESECAKE FACTORY INC/THE
        529900872XMLK10SY247
        CHEESECAKE FACTORY INC/THE 0.00000000
        163072101
        
          
        
        110881.00000000
        NS
        USD
        5018474.06000000
        0.750367528248
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FARFETCH LTD-CLASS A
        549300QFQ74Z0F96NS78
        FARFETCH LTD-CLASS A 0.00000000
        30744W107
        
          
        
        134610.00000000
        NS
        USD
        6746653.20000000
        1.008766693840
        Long
        EC
        CORP
        GB
        N
        
        1
        
          N
          N
          N
        
      
      
        MERCURY SYSTEMS INC
        549300P3B84SGK7HH679
        MERCURY SYSTEMS INC 0.00000000
        589378108
        
          
        
        54017.00000000
        NS
        USD
        3565122.00000000
        0.533060797178
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CAPRI HOLDINGS LTD
        549300LPG8W0H1OX3A26
        CAPRI HOLDINGS LTD 0.00000000
        G1890L107
        
          
        
        98662.00000000
        NS
        USD
        5555657.22000000
        0.830687720235
        Long
        EC
        CORP
        GB
        
        N
        
        1
        
          N
          N
          N
        
      
      
        HEALTHEQUITY INC
        529900LRJU1RAFQHM467
        HEALTHEQUITY INC 0.00000000
        42226A107
        
          
        
        94675.00000000
        NS
        USD
        7004056.50000000
        1.047253906422
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HEICO CORP
        529900O1DTDLCJ7L0I14
        HEICO CORP 0.00000000
        422806109
        
          
        
        39011.00000000
        NS
        USD
        5276237.75000000
        0.788908626722
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DRAFTKINGS INC - CL A
        5493008P45UYYL683Z97
        DRAFTKINGS INC - CL A 0.00000000
        26142R104
        
          
        
        143576.00000000
        NS
        USD
        6963436.00000000
        1.041180286470
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SPROUT SOCIAL INC - CLASS A
        N/A
        SPROUT SOCIAL INC - CLASS A 0.00000000
        85209W109
        
          
        
        72233.00000000
        NS
        USD
        6417179.72000000
        0.959503472021
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CODEX DNA INC
        N/A
        CODEX DNA INC 0.00000000
        192003101
        
          
        
        78170.00000000
        NS
        USD
        1234304.30000000
        0.184554479234
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HYDROFARM HOLDINGS GROUP INC
        5493005Y60YG0W2FYJ83
        HYDROFARM HOLDINGS GROUP INC 0.00000000
        44888K209
        
          
        
        86644.00000000
        NS
        USD
        4275014.96000000
        0.639204740406
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        QUOTIENT TECHNOLOGY INC
        5493005ZZT58VQ9RKP56
        QUOTIENT TECHNOLOGY INC 0.00000000
        749119103
        
          
        
        372956.00000000
        NS
        USD
        4050302.16000000
        0.605605445822
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NEOGENOMICS INC
        N/A
        NEOGENOMICS INC 0.00000000
        64049M209
        
          
        
        172147.00000000
        NS
        USD
        7935976.70000000
        1.186595596473
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BALCHEM CORP
        549300VR70OPMHUI3557
        BALCHEM CORP 0.00000000
        057665200
        
          
        
        102381.00000000
        NS
        USD
        13810173.09000000
        2.064911628978
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PROSETTA BIOSCIENCES INC. /PFD
        N/A
        PROSETTA BIOSCIENCES INC.     SERIES D PREFERRED 0.00000000
        N/A
        
          
        
        50688.00000000
        NS
        USD
        7603.20000000
        0.001136838473
        Long
        EP
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        MEDALLIA INC
        5493009P6W6C5BK60J60
        MEDALLIA INC 0.00000000
        584021109
        
          
        
        95176.00000000
        NS
        USD
        3223611.12000000
        0.481997730630
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VTEX -CLASS A
        N/A
        VTEX -CLASS A 0.00000000
        G9470A102
        
          
        
        5514.00000000
        NS
        USD
        135093.00000000
        0.020199247676
        Long
        EC
        CORP
        GB
        N
        
        1
        
          N
          N
          N
        
      
      
        SUNRUN INC
        54930007SJ77CI66U531
        SUNRUN INC 0.00000000
        86771W105
        
          
        
        104635.00000000
        NS
        USD
        5542515.95000000
        0.828722823701
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MARAVAI LIFESCIENCES HLDGS-A
        N/A
        MARAVAI LIFESCIENCES HLDGS-A 0.00000000
        56600D107
        
          
        
        38051.00000000
        NS
        USD
        1673102.47000000
        0.250164043872
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MANHATTAN ASSOCIATES INC
        529900Q1GJP7KD52SW51
        MANHATTAN ASSOCIATES INC 0.00000000
        562750109
        
          
        
        69357.00000000
        NS
        USD
        11071457.91000000
        1.655416050118
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        10X GENOMICS INC-CLASS A
        5493003Z6741WNLG7H43
        10X GENOMICS INC-CLASS A 0.00000000
        88025U109
        
          
        
        31518.00000000
        NS
        USD
        5775043.14000000
        0.863490534110
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SHAKE SHACK INC - CLASS A
        529900J74GJAHYP80N79
        SHAKE SHACK INC - CLASS A 0.00000000
        819047101
        
          
        
        130962.00000000
        NS
        USD
        13166919.48000000
        1.968731671564
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AVALARA INC
        549300Q16CMW239SS315
        AVALARA INC 0.00000000
        05338G106
        
          
        
        75095.00000000
        NS
        USD
        12553631.15000000
        1.877032154384
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NANOSTRING TECHNOLOGIES INC
        549300G4CK0Y3WRDMY89
        NANOSTRING TECHNOLOGIES INC 0.00000000
        63009R109
        
          
        
        228233.00000000
        NS
        USD
        14136752.02000000
        2.113742054632
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HUBSPOT INC
        529900BLNVEW0MVKJB37
        HUBSPOT INC 0.00000000
        443573100
        
          
        
        25020.00000000
        NS
        USD
        14912420.40000000
        2.229720807950
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MESA LABORATORIES INC
        549300ZCG738WLX8ZW79
        MESA LABORATORIES INC 0.00000000
        59064R109
        
          
        
        27255.00000000
        NS
        USD
        8026870.05000000
        1.200186065918
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PENN NATIONAL GAMING INC
        N/A
        PENN NATIONAL GAMING INC 0.00000000
        707569109
        
          
        
        103307.00000000
        NS
        USD
        7064132.66000000
        1.056236557153
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RAPID MICRO BIOSYSTEMS INC-A
        N/A
        RAPID MICRO BIOSYSTEMS INC-A 0.00000000
        75340L104
        
          
        
        63537.00000000
        NS
        USD
        1409886.03000000
        0.210807644474
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PETIQ INC
        549300GROACFGKVYOX14
        PETIQ INC 0.00000000
        71639T106
        
          
        
        60960.00000000
        NS
        USD
        2155545.60000000
        0.322299448908
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        UPWORK INC
        N/A
        UPWORK INC 0.00000000
        91688F104
        
          
        
        107422.00000000
        NS
        USD
        5563385.38000000
        0.831843242860
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VIANT TECHNOLOGY INC-A
        N/A
        VIANT TECHNOLOGY INC-A 0.00000000
        92557A101
        
          
        
        53392.00000000
        NS
        USD
        923147.68000000
        0.138030013619
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LIVE NATIONAL ENTERTAINMENT INC
        5493007B9BM9ZXJINO78
        LIVE NATIONAL ENTERTAINMENT INC 0.00000000
        538034109
        
          
        
        66988.00000000
        NS
        USD
        5284683.32000000
        0.790171417245
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        REALREAL INC/THE
        549300O00VUGT4H1PE90
        REALREAL INC/THE 0.00000000
        88339P101
        
          
        
        159003.00000000
        NS
        USD
        2625139.53000000
        0.392513628023
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BIODESIX INC
        N/A
        BIODESIX INC 0.00000000
        09075X108
        
          
        
        61342.00000000
        NS
        USD
        576001.38000000
        0.086124333136
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AKOYA BIOSCIENCES INC
        N/A
        AKOYA BIOSCIENCES INC 0.00000000
        00974H104
        
          
        
        137239.00000000
        NS
        USD
        2379724.26000000
        0.355818878316
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FIVE BELOW
        529900AAXP5Z6BGI7418
        FIVE BELOW 0.00000000
        33829M101
        
          
        
        33617.00000000
        NS
        USD
        6535817.14000000
        0.977242264040
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ACI WORLDWIDE INC
        5493003BPVMZUJ6F5C02
        ACI WORLDWIDE INC 0.00000000
        004498101
        
          
        
        403866.00000000
        NS
        USD
        13852603.80000000
        2.071255913437
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BLACKLINE INC
        529900P9N7PK9LV5EK56
        BLACKLINE INC 0.00000000
        09239B109
        
          
        
        54765.00000000
        NS
        USD
        6264568.35000000
        0.936684859208
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CRYOPORT INC
        N/A
        CRYOPORT INC 0.00000000
        229050307
        
          
        
        113772.00000000
        NS
        USD
        7022007.84000000
        1.049938009690
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        XOMETRY INC-A
        N/A
        XOMETRY INC-A 0.00000000
        98423F109
        
          
        
        3143.00000000
        NS
        USD
        248831.31000000
        0.037205519606
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        INMODE LTD
        N/A
        INMODE LTD 0.00000000
        M5425M103
        
          
        
        93780.00000000
        NS
        USD
        10659972.60000000
        1.593890333081
        Long
        EC
        CORP
        IL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        1LIFE HEALTHCARE INC
        N/A
        1LIFE HEALTHCARE INC 0.00000000
        68269G107
        
          
        
        70734.00000000
        NS
        USD
        1912647.36000000
        0.285981048178
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CAREDX INC
        549300NQOFKL9NON0U06
        CAREDX INC 0.00000000
        14167L103
        
          
        
        237249.00000000
        NS
        USD
        19938405.96000000
        2.981211463592
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GENIUS SPORTS LTD
        N/A
        GENIUS SPORTS LTD 0.00000000
        G3934V109
        
          
        
        522614.00000000
        NS
        USD
        8947151.68000000
        1.337787544722
        Long
        EC
        CORP
        GB
        N
        
        1
        
          N
          N
          N
        
      
      
        AERIE PHARMACEUTICALS INC
        529900SFXHDHUO324R09
        AERIE PHARMACEUTICALS INC 0.00000000
        00771V108
        
          
        
        75221.00000000
        NS
        USD
        1186987.38000000
        0.177479603509
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VOCERA COMMUNICATIONS INC
        5493006D2J6NPNZ60K83
        VOCERA COMMUNICATIONS INC 0.00000000
        92857F107
        
          
        
        319714.00000000
        NS
        USD
        13415199.44000000
        2.005854752738
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FORTE BIOSCIENCES INC
        529900Z84WFDHPS3JP76
        FORTE BIOSCIENCES INC 0.00000000
        34962G109
        
          
        
        90936.00000000
        NS
        USD
        2724442.56000000
        0.407361521681
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PLANET FITNESS INC - CL A
        549300LLE5HUPF6H8G33
        PLANET FITNESS INC - CL A 0.00000000
        72703H101
        
          
        
        44272.00000000
        NS
        USD
        3330582.56000000
        0.497992213030
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TAKE-TWO INTERACTIVE SOFTWRE
        BOMSTHHJK882EWYX3334
        TAKE-TWO INTERACTIVE SOFTWRE 0.00000000
        874054109
        
          
        
        10365.00000000
        NS
        USD
        1797498.30000000
        0.268763839421
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IAA INC
        549300PZCOPC5178W747
        IAA INC 0.00000000
        449253103
        
          
        
        41858.00000000
        NS
        USD
        2531571.84000000
        0.378523288444
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TANDEM DIABETES CARE INC
        549300JEPFOD0K4D3I05
        TANDEM DIABETES CARE INC 0.00000000
        875372203
        
          
        
        78172.00000000
        NS
        USD
        8494951.24000000
        1.270174058555
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BILL.COM HOLDINGS INC
        549300IBF9VZZIGOZW63
        BILL.COM HOLDINGS INC 0.00000000
        090043100
        
          
        
        51055.00000000
        NS
        USD
        10559195.10000000
        1.578821975115
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TURNING POINT THERAPEUTICS I
        N/A
        TURNING POINT THERAPEUTICS I 0.00000000
        90041T108
        
          
        
        19032.00000000
        NS
        USD
        1214622.24000000
        0.181611596889
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BANDWIDTH INC-CLASS A
        549300QC70JB7MUGXM66
        BANDWIDTH INC-CLASS A 0.00000000
        05988J103
        
          
        
        73963.00000000
        NS
        USD
        9590042.58000000
        1.433913269355
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FIVERR INTERNATIONAL LTD
        549300Z8OREY6THCPF67
        FIVERR INTERNATIONAL LTD 0.00000000
        M4R82T106
        
          
        
        33015.00000000
        NS
        USD
        8217763.65000000
        1.228728678090
        Long
        EC
        CORP
        IL
        N
        
        1
        
          N
          N
          N
        
      
      
        TRIPADVISOR INC
        549300XVG45PT5BART17
        TRIPADVISOR INC 0.00000000
        896945201
        
          
        
        125598.00000000
        NS
        USD
        4766444.10000000
        0.712683743123
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        WINGSTOP INC
        N/A
        WINGSTOP INC 0.00000000
        974155103
        
          
        
        43100.00000000
        NS
        USD
        7383461.00000000
        1.103982866952
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BED BATH & BEYOND INC
        529900ZBUWWUV7BKGX39
        BED BATH & BEYOND INC 0.00000000
        075896100
        
          
        
        117097.00000000
        NS
        USD
        3341948.38000000
        0.499691642409
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CHEFS' WAREHOUSE INC/THE
        549300JYEDC8C547E980
        CHEFS' WAREHOUSE INC/THE 0.00000000
        163086101
        
          
        
        92890.00000000
        NS
        USD
        2686378.80000000
        0.401670188187
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BLACKBAUD INC
        54930056X3HKFMNG3754
        BLACKBAUD INC 0.00000000
        09227Q100
        
          
        
        77836.00000000
        NS
        USD
        5552041.88000000
        0.830147150790
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HEXCEL CORP
        S6Q7LW43WUBUHXY2QP69
        HEXCEL CORP 0.00000000
        428291108
        
          
        
        34217.00000000
        NS
        USD
        1862089.14000000
        0.278421529862
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PAYCOM SOFTWARE INC
        254900LSB0HNJUDC6Q18
        PAYCOM SOFTWARE INC 0.00000000
        70432V102
        
          
        
        20907.00000000
        NS
        USD
        8362800.00000000
        1.250414665933
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AFFILIATED MANAGERS GROUP
        2JE75BUE3T1BLCYYGK54
        AFFILIATED MANAGERS GROUP 0.00000000
        008252108
        
          
        
        49942.00000000
        NS
        USD
        7912810.48000000
        1.183131758854
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SOPHIA GENETICS SA
        N/A
        SOPHIA GENETICS SA 0.00000000
        H82027105
        
          
        
        78274.00000000
        NS
        USD
        1224988.10000000
        0.183161511196
        Long
        EC
        CORP
        CH
        N
        
        1
        
          N
          N
          N
        
      
      
        SMARTSHEET INC-CLASS A
        549300N9WF42OK9VL589
        SMARTSHEET INC-CLASS A 0.00000000
        83200N103
        
          
        
        80094.00000000
        NS
        USD
        5810819.70000000
        0.868839883050
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        US FOODS HOLDING CORP
        549300UGOZSO64CFPR97
        US FOODS HOLDING CORP 0.00000000
        912008109
        
          
        
        167896.00000000
        NS
        USD
        5765548.64000000
        0.862070906468
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PRIVIA HEALTH GROUP INC
        N/A
        PRIVIA HEALTH GROUP INC 0.00000000
        74276R102
        
          
        
        47492.00000000
        NS
        USD
        1970918.00000000
        0.294693735657
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DIGITAL TURBINE INC
        549300D0WZR1VI2QGB24
        DIGITAL TURBINE INC 0.00000000
        25400W102
        
          
        
        37106.00000000
        NS
        USD
        2335822.70000000
        0.349254670816
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PERSONALIS INC
        N/A
        PERSONALIS INC 0.00000000
        71535D106
        
          
        
        73494.00000000
        NS
        USD
        1542639.06000000
        0.230657017370
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VEEVA SYSTEMS INC-CLASS A
        549300YZEXPDB92M2F02
        VEEVA SYSTEMS INC-CLASS A 0.00000000
        922475108
        
          
        
        49339.00000000
        NS
        USD
        16415578.69000000
        2.454474618999
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        WEBSTER FINANCIAL CORP
        KMRURHT0VWKYS6Z5KU67
        WEBSTER FINANCIAL CORP 0.00000000
        947890109
        
          
        
        78373.00000000
        NS
        USD
        3769741.30000000
        0.563655690474
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GUARDANT HEALTH INC
        254900M8C3E5VC8BR186
        GUARDANT HEALTH INC 0.00000000
        40131M109
        
          
        
        53968.00000000
        NS
        USD
        5925686.40000000
        0.886014873043
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        KARUNA THERAPEUTICS INC
        N/A
        KARUNA THERAPEUTICS INC 0.00000000
        48576A100
        
          
        
        12541.00000000
        NS
        USD
        1432433.02000000
        0.214178894171
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PAYCOR HCM INC
        N/A
        PAYCOR HCM INC 0.00000000
        70435P102
        
          
        
        9606.00000000
        NS
        USD
        264165.00000000
        0.039498229089
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BIO-TECHNE CORP
        54930073RLKQ51TILZ35
        BIO-TECHNE CORP 0.00000000
        09073M104
        
          
        
        37030.00000000
        NS
        USD
        17857347.20000000
        2.670049365470
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LEGALZOOMCOM INC
        N/A
        LEGALZOOMCOM INC 0.00000000
        52466B103
        
          
        
        141628.00000000
        NS
        USD
        5209077.84000000
        0.778866806228
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VERTEX INC - CLASS A
        549300QMYW171MP1PL50
        VERTEX INC - CLASS A 0.00000000
        92538J106
        
          
        
        255743.00000000
        NS
        USD
        4833542.70000000
        0.722716396481
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BIGCOMMERCE HOLDINGS-SER 1
        549300MOVEFQ78DMPG58
        BIGCOMMERCE HOLDINGS-SER 1 0.00000000
        08975P108
        
          
        
        207489.00000000
        NS
        USD
        13436987.64000000
        2.009112547355
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SEMRUSH HOLDINGS INC-A
        N/A
        SEMRUSH HOLDINGS INC-A 0.00000000
        81686C104
        
          
        
        92706.00000000
        NS
        USD
        1853192.94000000
        0.277091360666
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        UNIVERSAL DISPLAY CORP
        N/A
        UNIVERSAL DISPLAY CORP 0.00000000
        91347P105
        
          
        
        22106.00000000
        NS
        USD
        5183635.94000000
        0.775062706538
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CONVEY HOLDING PARENT INC
        N/A
        CONVEY HOLDING PARENT INC 0.00000000
        21258C108
        
          
        
        132872.00000000
        NS
        USD
        1193190.56000000
        0.178407109518
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        REPLIGEN CORP
        54930006QJ0T5AUO1E71
        REPLIGEN CORP 0.00000000
        759916109
        
          
        
        30514.00000000
        NS
        USD
        7497289.80000000
        1.121002669043
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EVENTBRITE INC-CLASS A
        549300N6XBV2B1FAUF55
        EVENTBRITE INC-CLASS A 0.00000000
        29975E109
        
          
        
        114151.00000000
        NS
        USD
        2028463.27000000
        0.303297965049
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BJ'S WHOLESALE CLUB HOLDINGS
        549300UCIWH1C93V0J03
        BJ'S WHOLESALE CLUB HOLDINGS 0.00000000
        05550J101
        
          
        
        125425.00000000
        NS
        USD
        6351522.00000000
        0.949686260558
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NEOGEN CORP
        549300HJT9FC36N4UW43
        NEOGEN CORP 0.00000000
        640491106
        
          
        
        435576.00000000
        NS
        USD
        18973690.56000000
        2.836966200688
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        INSULET CORP
        549300TZTYD2PYN92D43
        INSULET CORP 0.00000000
        45784P101
        
          
        
        45582.00000000
        NS
        USD
        12748829.58000000
        1.906218429272
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TOLERO DCR
        N/A
        TOLERO DCR 0.00000000
        N/A
        
          
        
        174782.00000000
        NS
        USD
        134582.14000000
        0.020122863350
        Long
        EC
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        JOINT CORP/THE
        N/A
        JOINT CORP/THE 0.00000000
        47973J102
        
          
        
        153432.00000000
        NS
        USD
        12119593.68000000
        1.812134414625
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ICON PLC
        6354008SRQGEMC4XFI67
        ICON PLC 0.00000000
        G4705A100
        
          
        
        9414.00000000
        NS
        USD
        2290143.78000000
        0.342424710576
        Long
        EC
        CORP
        IE
        N
        
        1
        
          N
          N
          N
        
      
      
        TANGER FACTORY OUTLET CENTER
        UKEW8YSXE4Y581KYOL30
        TANGER FACTORY OUTLET CENTER 0.00000000
        875465106
        
          
        
        281592.00000000
        NS
        USD
        4834934.64000000
        0.722924520816
        Long
        RE
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GUIDEWIRE SOFTWARE INC
        549300WXSG0J8IXZCK32
        GUIDEWIRE SOFTWARE INC 0.00000000
        40171V100
        
          
        
        36254.00000000
        NS
        USD
        4176460.80000000
        0.624468818579
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CROSSLINK VENTURES C LLC
        N/A
        CROSSLINK VENTURES C LLC       CLASS B SHARES 0.00000000
        N/A
        
          
        
        19.00000000
        NS
        USD
        744876.00000000
        0.111374644222
        Long
        EC
        CORP
        US
        Y
        
        3
        
          N
          N
          N
        
      
      
        QUIDEL CORP
        549300X2FQ6S98OQLQ46
        QUIDEL CORP 0.00000000
        74838J101
        
          
        
        78197.00000000
        NS
        USD
        11062529.59000000
        1.654081078306
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EVERBRIDGE INC
        549300WCY0UMR64ATW81
        EVERBRIDGE INC 0.00000000
        29978A104
        
          
        
        67146.00000000
        NS
        USD
        9482358.12000000
        1.417812175453
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SPS COMMERCE INC
        2549006XVF9GCCETDQ72
        SPS COMMERCE INC 0.00000000
        78463M107
        
          
        
        70859.00000000
        NS
        USD
        7720088.05000000
        1.154315698094
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      2021-08-30
      Alger Funds
      Anthony Caputo
      Anthony Caputo
      Assistant Treasurer
    
  
  XXXX





THE ALGER FUNDS

QUARTERLY REPORT
JULY 31, 2021


THE ALGER FUNDS

 

 ALGER CAPITAL APPRECIATION FUND

Schedule of Investments July 31, 2021 (Unaudited)

COMMON STOCKS—98.8%   SHARES     VALUE
 
AEROSPACE & DEFENSE—1.2%
               
TransDigm Group, Inc.*
   
61,968
   
$
39,727,065
 
AIR FREIGHT & LOGISTICS—0.6%
               
XPO Logistics, Inc.*
   
134,738
     
18,686,813
 
APPAREL ACCESSORIES & LUXURY GOODS—1.9%
               
Capri Holdings Ltd.*
   
247,958
     
13,962,515
 
Lululemon Athletica, Inc.*
   
47,253
     
18,909,233
 
LVMH Moet Hennessy Louis Vuitton SE
   
38,613
     
30,914,865
 
             
63,786,613
 
APPLICATION SOFTWARE—10.4%
               
Adobe, Inc.*
   
215,961
     
134,247,836
 
Autodesk, Inc.*
   
39,488
     
12,680,781
 
Cadence Design Systems, Inc.*
   
163,614
     
24,157,607
 
Coupa Software, Inc.*
   
51,185
     
11,107,145
 
Five9, Inc.*
   
155,090
     
31,218,066
 
Intuit, Inc.
   
92,982
     
49,277,671
 
RingCentral, Inc., Cl. A*
   
53,188
     
14,215,557
 
salesforce.com, Inc.*
   
264,101
     
63,893,955
 
The Trade Desk, Inc., Cl. A*
   
25,996
     
2,129,332
 
Unity Software, Inc.*
   
24,704
     
2,646,293
 
             
345,574,243
 
AUTOMOBILE MANUFACTURERS—1.6%
               
General Motors Co.*
   
405,758
     
23,063,285
 
Tesla, Inc.*
   
44,119
     
30,318,577
 
             
53,381,862
 
AUTOMOTIVE RETAIL—1.7%
               
Carvana Co., Cl. A*
   
46,611
     
15,734,009
 
Lithia Motors, Inc., Cl. A
   
109,801
     
41,419,133
 
             
57,153,142
 
BIOTECHNOLOGY—0.9%
               
Horizon Therapeutics PLC*
   
146,852
     
14,688,137
 
Natera, Inc.*
   
125,393
     
14,360,006
 
             
29,048,143
 
CASINOS & GAMING—1.4%
               
DraftKings, Inc., Cl. A*
   
311,564
     
15,110,854
 
Flutter Entertainment PLC*
   
36,892
     
6,288,859
 
MGM Resorts International
   
717,084
     
26,912,163
 
             
48,311,876
 
CONSUMER FINANCE—0.1%
               
Upstart Holdings, Inc.*
   
27,218
     
3,286,846
 
DATA PROCESSING & OUTSOURCED SERVICES—8.9%
               
Fiserv, Inc.*
   
109,812
     
12,640,459
 
PayPal Holdings, Inc.*
   
316,118
     
87,099,993
 
Square, Inc., Cl. A*
   
132,239
     
32,697,415
 
Visa, Inc., Cl. A
   
659,718
     
162,547,918
 
             
294,985,785
 
DIVERSIFIED SUPPORT SERVICES—0.6%
               
Cintas Corp.
   
50,985
     
20,097,267
 

- 2 -

THE ALGER FUNDS

 

 ALGER CAPITAL APPRECIATION FUND

Schedule of Investments July 31, 2021 (Unaudited) (Continued)

COMMON STOCKS-98.8% (CONT.)
  SHARES
    VALUE
 
ELECTRICAL COMPONENTS & EQUIPMENT—1.1%
               
AMETEK, Inc.
   
82,122
   
$
11,419,064
 
Eaton Corp. PLC
   
161,451
     
25,517,331
 
             
36,936,395
 
FINANCIAL EXCHANGES & DATA—1.2%
               
CME Group, Inc., Cl. A
   
31,644
     
6,712,642
 
S&P Global, Inc.
   
75,139
     
32,213,592
 
             
38,926,234
 
FOOD DISTRIBUTORS—0.1%
               
Sysco Corp.
   
58,293
     
4,325,341
 
FOOTWEAR—1.3%
               
NIKE, Inc., Cl. B
   
254,875
     
42,694,111
 
GENERAL MERCHANDISE STORES—0.6%
               
Target Corp.
   
75,298
     
19,656,543
 
HEALTHCARE EQUIPMENT—4.9%
               
Danaher Corp.
   
271,007
     
80,621,872
 
Dexcom, Inc.*
   
23,887
     
12,313,987
 
Intuitive Surgical, Inc.*
   
47,407
     
47,002,144
 
Medtronic PLC
   
176,695
     
23,201,821
 
             
163,139,824
 
HEALTHCARE SERVICES—0.2%
               
Guardant Health, Inc.*
   
74,356
     
8,164,289
 
HEALTHCARE SUPPLIES—0.8%
               
Align Technology, Inc.*
   
36,793
     
25,600,569
 
HEALTHCARE TECHNOLOGY—0.1%
               
Veeva Systems, Inc., Cl. A*
   
14,947
     
4,973,016
 
HOME IMPROVEMENT RETAIL—0.7%
               
Lowe's Cos., Inc.
   
113,371
     
21,845,458
 
HOTELS RESORTS & CRUISE LINES—1.1%
               
Expedia Group, Inc.*
   
229,161
     
36,865,130
 
INDUSTRIAL GASES—0.2%
               
Air Products & Chemicals, Inc.
   
27,895
     
8,118,282
 
INTERACTIVE HOME ENTERTAINMENT—0.4%
               
Sea Ltd.#,*
   
43,021
     
11,880,679
 
INTERACTIVE MEDIA & SERVICES—10.1%
               
Alphabet, Inc., Cl. C*
   
62,659
     
169,456,253
 
Facebook, Inc., Cl. A*
   
307,922
     
109,712,608
 
Pinterest, Inc., Cl. A*
   
197,472
     
11,631,101
 
Snap, Inc., Cl. A*
   
611,167
     
45,483,048
 
             
336,283,010
 
INTERNET & DIRECT MARKETING RETAIL—7.1%
               
Altaba, Inc.*,@,(a)
   
259,825
     
3,058,140
 
Amazon.com, Inc.*
   
70,314
     
233,976,163
 
             
237,034,303
 
INTERNET SERVICES & INFRASTRUCTURE—2.9%
               
Shopify, Inc., Cl. A*
   
33,213
     
49,817,175
 
Snowflake, Inc., Cl. A*
   
39,447
     
10,481,857
 
Twilio, Inc., Cl. A*
   
93,995
     
35,115,592
 
             
95,414,624
 

- 3 -

THE ALGER FUNDS

 

 ALGER CAPITAL APPRECIATION FUND

Schedule of Investments July 31, 2021 (Unaudited) (Continued)
 
COMMON STOCKS—98.8% (CONT.)
 
SHARES
   
VALUE
 
INVESTMENT BANKING & BROKERAGE—0.7%
           
Morgan Stanley
   
247,042
   
$
23,711,091
 
MANAGED HEALTHCARE—0.8%
               
UnitedHealth Group, Inc.
   
63,108
     
26,014,380
 
MOVIES & ENTERTAINMENT—2.3%
               
Live Nation Entertainment, Inc.*
   
264,611
     
20,875,162
 
Netflix, Inc.*
   
26,187
     
13,553,605
 
Roku, Inc., Cl. A*
   
96,252
     
41,225,694
 
             
75,654,461
 
OIL & GAS EQUIPMENT & SERVICES—0.1%
               
Schlumberger NV
   
77,765
     
2,241,965
 
OIL & GAS EXPLORATION & PRODUCTION—0.1%
               
Pioneer Natural Resources Co.
   
15,126
     
2,198,867
 
PERSONAL PRODUCTS—0.5%
               
The Estee Lauder Cos., Inc., Cl. A
   
50,730
     
16,935,196
 
PHARMACEUTICALS—1.0%
               
Eli Lilly & Co.
   
37,352
     
9,095,212
 
Zoetis, Inc., Cl. A
   
120,434
     
24,411,972
 
             
33,507,184
 
RAILROADS—0.7%
               
Union Pacific Corp.
   
99,956
     
21,866,375
 
REGIONAL BANKS—0.5%
               
Signature Bank
   
80,394
     
18,247,026
 
RESEARCH & CONSULTING SERVICES—0.3%
               
CoStar Group, Inc.*
   
108,533
     
9,643,157
 
RESTAURANTS—2.0%
               
Chipotle Mexican Grill, Inc., Cl. A*
   
19,912
     
37,104,817
 
Starbucks Corp.
   
231,576
     
28,120,274
 
             
65,225,091
 
SEMICONDUCTOR EQUIPMENT—2.5%
               
Applied Materials, Inc.
   
115,081
     
16,103,284
 
Enphase Energy, Inc.*
   
73,186
     
13,876,066
 
Lam Research Corp.
   
71,637
     
45,662,140
 
SolarEdge Technologies, Inc.*
   
35,048
     
9,094,255
 

           
84,735,745
 
SEMICONDUCTORS—7.2%
               
Advanced Micro Devices, Inc.*
   
401,607
     
42,646,647
 
Micron Technology, Inc.*
   
247,635
     
19,211,523
 
NVIDIA Corp.
   
358,732
     
69,949,153
 
NXP Semiconductors NV
   
164,339
     
33,917,926
 
QUALCOMM, Inc.
   
266,356
     
39,900,129
 
Taiwan Semiconductor Manufacturing Co., Ltd.#
   
293,492
     
34,232,907
 
             
239,858,285
 
SPECIALTY CHEMICALS—0.5%
               
The Sherwin-Williams Co.
   
60,610
     
17,639,328
 
SYSTEMS SOFTWARE—11.3%
               
Crowdstrike Holdings, Inc., Cl. A*
   
119,371
     
30,273,679
 
Microsoft Corp.
   
1,123,973
     
320,231,147
 
SentinelOne, Inc., Cl. A*
   
45,602
     
2,248,635
 

- 4 -

THE ALGER FUNDS

 

 ALGER CAPITAL APPRECIATION FUND

Schedule of Investments July 31, 2021 (Unaudited) (Continued)
 

COMMON STOCKS—98.8% (CONT.)
  SHARES
    VALUE
 
SYSTEMS SOFTWARE—11.3% (CONT.)
           
ServiceNow, Inc.*
   
37,849
   
$
22,251,049
 
             
375,004,510
 
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—5.0%
               
Apple, Inc.
   
1,140,653
     
166,375,647
 
TRUCKING—0.5%
               
Lyft, Inc., Cl. A*
   
42,074
     
2,327,534
 
Uber Technologies, Inc.*
   
316,009
     
13,733,751
 
             
16,061,285
 
WIRELESS TELECOMMUNICATION SERVICES—0.7%
               
T-Mobile US, Inc.*
   
172,280
     
24,811,766
 
TOTAL COMMON STOCKS
               
(Cost $1,696,115,429)
           
3,285,628,822
 
REAL ESTATE INVESTMENT TRUST—0.2%
 
SHARES
   
VALUE
 
RETAIL—0.2%
           
Simon Property Group, Inc.
   
57,970
     
7,334,365
 
(Cost $5,217,588)
           
7,334,365
 
SPECIAL PURPOSE VEHICLE—0.1%
 
SHARES
   
VALUE
 
DATA PROCESSING & OUTSOURCED SERVICES—0.1%
               
Crosslink Ventures Capital LLC, Cl. A*,@,(a),(b)
   
111
     
4,351,644
 
(Cost $2,775,000)
           
4,351,644
 
Total Investments
               
(Cost $1,704,108,017)
   
99.1
%
 
$
3,297,314,831
 
Affiliated Securities (Cost $2,775,000)
           
4,351,644
 
Unaffiliated Securities (Cost $1,701,333,017)
           
3,292,963,187
 
Other Assets in Excess of Liabilities
   
0.9
%
   
30,489,810
 
NET ASSETS
   
100.0
%
 
$
3,327,804,641
 

#
American Depositary Receipts.
(a)
Security is valued in good faith at fair value determined using significant unobservable inputs pursuant to procedures established by the Board.
(b)
Deemed an affiliate of the Fund in accordance with Section 2(a)(3) of the Investment Company Act of 1940. See Note 5 - Affiliated Securities.
*
Non-income producing security.
@
Restricted security - Investment in security not registered under the Securities Act of 1933. Sales or transfers of the investment may be restricted only to qualified buyers.

Security
Acquisition
Date(s)
 
Acquisition
Cost
   
% of net assets
(Acquisition
Date)
   
Market
Value
   
% of net assets
as of
7/31/2021
 
Altaba, Inc.
10/24/18
 
$
805,470
     
0.03
%
 
$
539,278
     
0.02
%
Altaba, Inc.
10/25/18
   
1,188,343
     
0.04
%
   
791,850
     
0.02
%
Altaba, Inc.
10/29/18
   
1,156,773
     
0.04
%
   
802,643
     
0.02
%
Altaba, Inc.
10/30/18
   
751,641
     
0.03
%
   
531,357
     
0.02
%
Altaba, Inc.
10/31/18
   
271,272
     
0.01
%
   
182,553
     
0.00
%
Altaba, Inc.
11/6/18
   
321,297
     
0.01
%
   
210,459
     
0.01
%
Crosslink Ventures Capital LLC, Cl. A 10/2/20     2,775,000
      0.08
%
    4,351,644
      0.13
%
Total
                    $
 7,409,784       0.22
%

See Notes to Financial Statements.

- 5 -

THE ALGER FUNDS

 

 ALGER 35 FUND

Schedule of Investments July 31, 2021 (Unaudited)
 
COMMON STOCKS-97.0%
  SHARES
    VALUE
 
AEROSPACE & DEFENSE—3.9%
             
HEICO Corp.
   
12,009
   
$
1,624,217
 
APPLICATION SOFTWARE—7.5%
               
Adobe, Inc.*
   
2,043
     
1,269,990
 
Datadog, Inc., Cl. A*
   
7,331
     
811,542
 
Paycom Software, Inc.*
   
1,681
     
672,400
 
The Trade Desk, Inc., Cl. A*
   
4,715
     
386,205
 
             
3,140,137
 
BIOTECHNOLOGY—2.2%
               
Natera, Inc.*
   
7,926
     
907,686
 
DATA PROCESSING & OUTSOURCED SERVICES—11.7%
               
Marqeta, Inc., Cl. A*
   
41,153
     
1,104,135
 
PayPal Holdings, Inc.*
   
5,920
     
1,631,138
 
Square, Inc., Cl. A*
   
2,289
     
565,978
 
Visa, Inc., Cl. A
   
6,349
     
1,564,330
 
             
4,865,581
 
FINANCIAL EXCHANGES & DATA—2.9%
               
S&P Global, Inc.
   
2,836
     
1,215,850
 
HEALTHCARE EQUIPMENT—7.0%
               
Dexcom, Inc.*
   
1,885
     
971,736
 
Intuitive Surgical, Inc.*
   
1,958
     
1,941,279
 
             
2,913,015
 
HEALTHCARE TECHNOLOGY—2.7%
               
Veeva Systems, Inc., Cl. A*
   
3,379
     
1,124,227
 
INTERACTIVE MEDIA & SERVICES—10.1%
               
Alphabet, Inc., Cl. C*
   
464
     
1,254,851
 
Genius Sports Ltd.*
   
54,324
     
930,027
 
Pinterest, Inc., Cl. A*
   
20,520
     
1,208,628
 
Snap, Inc., Cl. A*
   
11,098
     
825,913
 
             
4,219,419
 
INTERNET & DIRECT MARKETING RETAIL—9.7%
               
Amazon.com, Inc.*
   
1,046
     
3,480,659
 
MercadoLibre, Inc.*
   
367
     
575,713
 
             
4,056,372
 
INTERNET SERVICES & INFRASTRUCTURE—1.5%
               
Shopify, Inc., Cl. A*
   
409
     
613,471
 
LIFE SCIENCES TOOLS & SERVICES—2.6%
               
Bio-Techne Corp.
   
2,265
     
1,092,274
 
OIL & GAS EQUIPMENT & SERVICES—1.4%
               
Core Laboratories NV
   
17,419
     
581,098
 
PHARMACEUTICALS—2.0%
               
Catalent, Inc.*
   
7,047
     
844,301
 
RESEARCH & CONSULTING SERVICES—2.1%
               
CoStar Group, Inc.*
   
9,890
     
878,726
 
RESTAURANTS—2.0%
               
Shake Shack, Inc., Cl. A*
   
8,138
     
818,195
 
SEMICONDUCTOR EQUIPMENT—7.3%
               
Applied Materials, Inc.
   
15,622
     
2,185,986
 

- 6 -

THE ALGER FUNDS

 

 ALGER 35 FUND

Schedule of Investments July 31, 2021 (Unaudited) (Continued)
 
COMMON STOCKS—97.0% (CONT.)
 
SHARES
   
VALUE
 
SEMICONDUCTOR EQUIPMENT—7.3% (CONT.)
           
SolarEdge Technologies, Inc.*
   
3,239
   
$
840,456
 
             
3,026,442
 
SEMICONDUCTORS—6.9%
               
Advanced Micro Devices, Inc.*
   
8,017
     
851,325
 
QUALCOMM, Inc.
   
5,633
     
843,824
 
Taiwan Semiconductor Manufacturing Co., Ltd.#
   
10,141
     
1,182,846
 
             
2,877,995
 
SYSTEMS SOFTWARE—10.4%
               
Crowdstrike Holdings, Inc., Cl. A*
   
3,429
     
869,629
 
Microsoft Corp.
   
12,164
     
3,465,645
 
             
4,335,274
 
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—3.1%
               
Apple, Inc.
   
8,756
     
1,277,150
 
TOTAL COMMON STOCKS
               
(Cost $32,220,727)
           
40,411,430
 
REAL ESTATE INVESTMENT TRUST—1.4%
 
SHARES
   
VALUE
 
RETAIL—1.4%
           
Simon Property Group, Inc.
   
4,455
     
563,647
 
(Cost $461,809)
           
563,647
 
Total Investments
               
(Cost $32,682,536)
   
98.4
%
 
$
40,975,077
 
Unaffiliated Securities (Cost $32,682,536)
           
40,975,077
 
Other Assets in Excess of Liabilities
   
1.6
%
   
684,788
 
NET ASSETS
   
100.0
%
 
$
41,659,865
 

*
Non-income producing security.
#
American Depositary Receipts.

See Notes to Financial Statements.

- 7 -

THE ALGER FUNDS

 

 ALGER GROWTH & INCOME FUND

Schedule of Investments July 31, 2021 (Unaudited)
 
COMMON STOCKS—91.5%
 
SHARES
   
VALUE
 
AEROSPACE & DEFENSE—1.5%
           
General Dynamics Corp.
   
4,078
   
$
799,411
 
Raytheon Technologies Corp.
   
8,937
     
777,072
 
TransDigm Group, Inc.*
   
1,079
     
691,736
 
             
2,268,219
 
ASSET MANAGEMENT & CUSTODY BANKS—4.4%
               
BlackRock, Inc., Cl. A
   
3,473
     
3,011,681
 
The Blackstone Group, Inc.
   
21,938
     
2,528,793
 
The Carlyle Group, Inc.
   
22,818
     
1,151,625
 
             
6,692,099
 
AUTOMOBILE MANUFACTURERS—0.2%
               
General Motors Co.*
   
5,440
     
309,210
 
BIOTECHNOLOGY—2.3%
               
AbbVie, Inc.
   
19,027
     
2,212,840
 
Amgen, Inc.
   
2,814
     
679,693
 
Gilead Sciences, Inc.
   
9,368
     
639,741
 
             
3,532,274
 
BROADCASTING—0.2%
               
ViacomCBS, Inc., Cl. B
   
6,820
     
279,143
 
BUILDING PRODUCTS—0.6%
               
Johnson Controls International PLC
   
13,534
     
966,598
 
CABLE & SATELLITE—1.5%
               
Comcast Corp., Cl. A
   
37,618
     
2,213,067
 
COMMODITY CHEMICALS—0.4%
               
Dow, Inc.
   
8,651
     
537,746
 
COMMUNICATIONS EQUIPMENT—1.2%
               
Cisco Systems, Inc.
   
32,297
     
1,788,285
 
CONSTRUCTION MACHINERY & HEAVY TRUCKS—0.2%
               
PACCAR, Inc.
   
3,193
     
264,987
 
CONSUMER ELECTRONICS—0.7%
               
Garmin Ltd.
   
6,386
     
1,003,879
 
COPPER—0.4%
               
Southern Copper Corp.
   
10,006
     
656,794
 
DATA PROCESSING & OUTSOURCED SERVICES—1.3%
               
Visa, Inc., Cl. A
   
8,062
     
1,986,396
 
DIVERSIFIED BANKS—5.2%
               
Bank of America Corp.
   
53,089
     
2,036,494
 
JPMorgan Chase & Co.
   
38,426
     
5,832,298
 
             
7,868,792
 
ELECTRIC UTILITIES—0.7%
               
NextEra Energy, Inc.
   
13,080
     
1,018,932
 
ELECTRICAL COMPONENTS & EQUIPMENT—1.0%
               
Eaton Corp. PLC
   
9,753
     
1,541,462
 
FINANCIAL EXCHANGES & DATA—1.2%
               
CME Group, Inc., Cl. A
   
8,293
     
1,759,194
 
FOOD DISTRIBUTORS—0.5%
               
Sysco Corp.
   
10,761
     
798,466
 
HEALTHCARE EQUIPMENT—0.9%
               
Medtronic PLC
   
9,912
     
1,301,545
 

- 8 -

THE ALGER FUNDS

 

 ALGER GROWTH & INCOME FUND

Schedule of Investments July 31, 2021 (Unaudited) (Continued)


 
COMMON STOCKS—91.5% (CONT.)
 
SHARES
   
VALUE
 
HEALTHCARE SERVICES—1.1%
           
CVS Health Corp.
   
20,050
   
$
1,651,318
 
HOME IMPROVEMENT RETAIL—2.8%
               
The Home Depot, Inc.
   
13,121
     
4,306,181
 
HOUSEHOLD PRODUCTS—1.5%
               
The Procter & Gamble Co.
   
16,518
     
2,349,355
 
HYPERMARKETS & SUPER CENTERS—0.8%
               
Walmart, Inc.
   
8,590
     
1,224,504
 
INDUSTRIAL CONGLOMERATES—2.2%
               
Honeywell International, Inc.
   
14,404
     
3,367,511
 
INDUSTRIAL GASES—1.1%
               
Air Products & Chemicals, Inc.
   
5,816
     
1,692,630
 
INTEGRATED OIL & GAS—2.1%
               
Chevron Corp.
   
15,195
     
1,547,003
 
Exxon Mobil Corp.
   
14,685
     
845,415
 
TotalEnergies SE#
   
18,551
     
809,380
 
             
3,201,798
 
INTEGRATED TELECOMMUNICATION SERVICES—2.0%
               
AT&T, Inc.
   
31,054
     
871,065
 
Verizon Communications, Inc.
   
37,786
     
2,107,703
 
             
2,978,768
 
INTERACTIVE MEDIA & SERVICES—9.7%
               
Alphabet, Inc., Cl. A*
   
2,072
     
5,583,066
 
Alphabet, Inc., Cl. C*
   
1,941
     
5,249,279
 
Facebook, Inc., Cl. A*
   
10,765
     
3,835,570
 
             
14,667,915
 
INTERNET & DIRECT MARKETING RETAIL—2.2%
               
Amazon.com, Inc.*
   
1,013
     
3,370,849
 
INVESTMENT BANKING & BROKERAGE—2.9%
               
Morgan Stanley
   
45,840
     
4,399,723
 
MANAGED HEALTHCARE—2.2%
               
UnitedHealth Group, Inc.
   
8,036
     
3,312,600
 
MULTI-LINE INSURANCE—0.4%
               
The Hartford Financial Services Group, Inc.
   
9,936
     
632,128
 
MULTI-UTILITIES—0.5%
               
Sempra Energy
   
5,566
     
727,198
 
OIL & GAS STORAGE & TRANSPORTATION—0.3%
               
ONEOK, Inc.
   
10,099
     
524,845
 
PHARMACEUTICALS—6.0%
               
AstraZeneca PLC#
   
14,699
     
841,371
 
Bristol-Myers Squibb Co.
   
13,462
     
913,666
 
Eli Lilly & Co.
   
4,391
     
1,069,209
 
GlaxoSmithKline PLC#,(a)
   
19,014
     
763,222
 
Johnson & Johnson
   
16,211
     
2,791,534
 
Merck & Co., Inc.
   
10,553
     
811,209
 
Novartis AG#
   
8,155
     
753,440
 
Pfizer, Inc.
   
28,623
     
1,225,351
 
             
9,169,002
 

- 9 -

THE ALGER FUNDS

 

 ALGER GROWTH & INCOME FUND

Schedule of Investments July 31, 2021 (Unaudited) (Continued)
 
COMMON STOCKS—91.5% (CONT.)
 
SHARES
   
VALUE
 
RAILROADS—0.7%
           
Union Pacific Corp.
   
4,822
   
$
1,054,861
 
RESTAURANTS—1.3%
               
McDonald's Corp.
   
4,437
     
1,076,904
 
Starbucks Corp.
   
7,343
     
891,661
 
             
1,968,565
 
SEMICONDUCTOR EQUIPMENT—2.1%
               
KLA Corp.
   
9,338
     
3,251,118
 
SEMICONDUCTORS—4.2%
               
Broadcom, Inc.
   
6,013
     
2,918,710
 
QUALCOMM, Inc.
   
15,442
     
2,313,212
 
Taiwan Semiconductor Manufacturing Co., Ltd.#
   
10,109
     
1,179,114
 
             
6,411,036
 
SOFT DRINKS—2.6%
               
PepsiCo, Inc.
   
13,893
     
2,180,506
 
The Coca-Cola Co.
   
31,149
     
1,776,428
 
             
3,956,934
 
SYSTEMS SOFTWARE—9.4%
               
Microsoft Corp.
   
50,311
     
14,334,107
 
TECHNOLOGY HARDWARE STORAGE & PERIPHERALS—7.9%
               
Apple, Inc.
   
82,465
     
12,028,345
 
TOBACCO—1.1%
               
Altria Group, Inc.
   
21,102
     
1,013,740
 
Philip Morris International, Inc.
   
7,160
     
716,644
 
             
1,730,384
 
TOTAL COMMON STOCKS
               
(Cost $49,594,752)
           
139,098,763
 
MASTER LIMITED PARTNERSHIP—0.5%
 
SHARES
   
VALUE
 
OIL & GAS STORAGE & TRANSPORTATION—0.5%
           
Cheniere Energy Partners LP
   
17,250
     
729,158
 
(Cost $584,259)
           
729,158
 
REAL ESTATE INVESTMENT TRUST—5.0%
 
SHARES
   
VALUE
 
HEALTHCARE—0.6%
           
Welltower, Inc.
   
10,370
     
900,738
 
INDUSTRIAL—0.5%
               
Americold Realty Trust
   
19,006
     
738,383
 
MORTGAGE—0.7%
               
Blackstone Mortgage Trust, Inc., Cl. A
   
33,724
     
1,093,332
 
RETAIL—0.7%
               
Simon Property Group, Inc.
   
8,560
     
1,083,011
 
SPECIALIZED—2.5%
               
Crown Castle International Corp.
   
11,708
     
2,260,698
 
CyrusOne, Inc.
   
9,552
     
680,771
 
Lamar Advertising Co., Cl. A
   
7,743
     
825,404
 

           
3,766,873
 
TOTAL REAL ESTATE INVESTMENT TRUST
               
(Cost $4,842,224)
           
7,582,337
 

- 10 -

THE ALGER FUNDS

 

 ALGER GROWTH & INCOME FUND

Schedule of Investments July 31, 2021 (Unaudited) (Continued)
 
SHORT—TERM INVESTMENTS—0.2%
 
SHARES
   
VALUE
 
MONEY MARKET FUND—0.2%
           
Invesco Government & Agency Portfolio, Cl. Institutional, 0.03%
   
246,483
   
$
246,483
 
(Cost $246,483)
           
246,483
 
Total Investments
               
(Cost $55,267,718)
   
97.2
%
 
$
147,656,741
 
Unaffiliated Securities (Cost $55,267,718)
           
147,656,741
 
Other Assets in Excess of Liabilities
   
2.8
%
   
4,261,486
 
NET ASSETS
   
100.0
%
 
$
151,918,227
 

#
American Depositary Receipts.
(a)
All or portion of the security is on loan.
*
Non-income producing security.

- 11 -

THE ALGER FUNDS
 
ALGER MID CAP GROWTH FUND
Schedule of Investments July 31, 2021 (Unaudited)

COMMON STOCKS—95.9%
 
SHARES
   
VALUE
 
ADVERTISING—1.4%
           
Magnite, Inc.*
   
142,557
   
$
4,319,477
 
AEROSPACE & DEFENSE—2.0%
               
HEICO Corp.
   
32,776
     
4,432,954
 
Textron, Inc.
   
23,224
     
1,602,688
 
             
6,035,642
 
AIR FREIGHT & LOGISTICS—0.7%
               
XPO Logistics, Inc.*
   
16,367
     
2,269,939
 
APPAREL ACCESSORIES & LUXURY GOODS—3.0%
               
Capri Holdings Ltd.*
   
31,216
     
1,757,773
 
Lululemon Athletica, Inc.*
   
11,217
     
4,488,707
 
Moncler SpA
   
42,736
     
2,935,101
 
             
9,181,581
 
APPAREL RETAIL—0.4%
               
Burlington Stores, Inc.*
   
3,360
     
1,124,928
 
APPLICATION SOFTWARE—18.6%
               
ANSYS, Inc.*
   
7,297
     
2,688,652
 
Avalara, Inc.*
   
18,229
     
3,047,342
 
Bill.com Holdings, Inc.*
   
18,210
     
3,766,192
 
Cadence Design Systems, Inc.*
   
19,332
     
2,854,370
 
Coupa Software, Inc.*
   
8,309
     
1,803,053
 
Datadog, Inc., Cl. A*
   
28,124
     
3,113,327
 
DocuSign, Inc., Cl. A*
   
17,973
     
5,356,673
 
Dynatrace, Inc.*
   
49,475
     
3,159,968
 
Fair Isaac Corp.*
   
5,259
     
2,755,243
 
Five9, Inc.*
   
25,476
     
5,128,064
 
HubSpot, Inc.*
   
3,445
     
2,053,289
 
Manhattan Associates, Inc.*
   
29,091
     
4,643,796
 
Paycom Software, Inc.*
   
15,588
     
6,235,200
 
PTC, Inc.*
   
28,913
     
3,916,266
 
Sprout Social, Inc., Cl. A*
   
41,957
     
3,727,460
 
The Trade Desk, Inc., Cl. A*
   
36,742
     
3,009,537
 
             
57,258,432
 
AUTOMOTIVE RETAIL—1.7%
               
Advance Auto Parts, Inc.
   
3,656
     
775,291
 
Carvana Co., Cl. A*
   
8,180
     
2,761,241
 
Lithia Motors, Inc., Cl. A
   
4,577
     
1,726,536
 
             
5,263,068
 
BIOTECHNOLOGY—6.6%
               
Alector, Inc.*
   
15,595