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Here’s Why Salesforce (CRM) Became a Significant Detractor in Alger’s Q4 2020 Performance Alger, an investment management firm, published its ‘Alger Spectra Fund’ fourth quarter 2020 investor letter – a copy of which can be downloaded here. In the letter, the fund highlighted their largest portfolio sector weightings, which is in Information Technology and Consumer Discretionary sector, with their comments on notable companies. The Communication Services sector together with the Industrial sector is where they achieved the largest chunk of their returns. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Alger Spectra Fund, in their Q4 2020 investor letter, mentioned salesforce.com, inc. (NYSE: CRM) and emphasized their views on the company. salesforce.com, inc. is a California-based software company that provides real-time messaging, file sharing capabilities, archiving, and other related services, to businesses. It currently has a $195.

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