Last year's market surge wasn't built on hype. New research from Alger shows that AI spending and the accompanying infrastructure buildout drove corporate earnings higher, with fundamentals doing the heavy lifting rather than investor sentiment alone.
During the fourth quarter of 2025, the largest portfolio sector weightings were Information Technology and Communication Services. The largest sector overweight was Information Technology and the largest sector underweight was Financials. The Information Technology and Utilities sectors contributed to relative performance while Health Care and Industrials were among sectors that detracted from relative performance.
Major investments in AI infrastructure have some investors worried about corporate balance sheets, but new research from Alger shows today's buildout looks nothing like the debt-fueled telecom boom of the late 1990s.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 4,731 | $156,758.24 | $209,394.06 | $52,635.82 | 33.58% |
Craig Kurth PCG Wealth Advisors LLC | 34,373 | $1.26M | $1.53M | $267,348.3 | 21.17% |
| WL William Liberti Wealth Effects LLC | 9,576 | $302,101.62 | $427,185.36 | $125,083.74 | 41.4% |
John Ritter Ritter Daniher Financial Advisory LLC / DE | 940 | $33,943.4 | $40,438.8 | $6,495.4 | 19.14% |
Andy Peters Goldstein Advisors LLC | 681,984 | $25.23M | $29.86M | $4.63M | 18.35% |
| ARCA Exchange | US Country |
The mentioned fund operates within the financial sector, with a specialized focus on investments directly linked to the advancement and commercial implementation of artificial intelligence (AI) technologies. It aims to capitalize on the growth potential of companies, regardless of their market capitalization, that are significantly involved in developing and utilizing AI tech. The strategy involves allocating at least 80% of its net assets, in addition to any funds borrowed for investment purposes, into the equity securities of such enterprises. This approach signifies a strong commitment to contributing to the AI field, reflecting a belief in the technology's capacity to drive future economic growth. An important aspect of the fund's investment policy is its non-diversified status, which indicates a concentrated investment approach that could potentially lead to higher volatility but also offers the prospect of significant returns from the AI technology sector.
The fund offers a focused investment product centered around AI technology, detailed as follows: