Alger SICAV - Alger Dynamic Opportunities Fund Q1 2026 Portfolio Update

Alger SICAV – Alger Dynamic Opportunities Fund reported Q1 2026 portfolio results showing an average long exposure of 78.38% and average short exposure of -30.91%, with cash exposure noted. Top contributors included Nebius Group N.V., Western Digital (WDC-related commentary), and GE Vernova, while AppLovin (APP.OQ), Amazon (AMZN.OQ) and MongoDB (MDB.OQ) were key detractors. Alger attributes Amazon’s weakness to larger-than-expected AI infrastructure investment plans and sector rotation, while Western Digital’s execution and long-term agreements support a positive outlook. The commentary is a fund-level outlook and performance update that may influence investor sentiment in large-cap tech and AI-capex sensitive names.