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.
Alger’s Short Exposure to Seagate (STX) Detracted From Their 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 Seagate Technology plc (NASDAQ: STX) and emphasized their views on the company. Seagate Technology plc is a California-based storage company that currently has a $17.46 billion market capitalization. Since the beginning of the year, STX delivered a 21.32% return, extending its 12-month
Here’s Why Vertex (VRTX) Landed in Alger Spectra’s Detractor List
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 Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) and emphasized their views on the company. Vertex Pharmaceuticals Incorporated is a Boston, Massachusetts-based biopharmaceutical company that currently has a $57.1 billion market capitalization. Since the beginning of the year, VRTX delivered a -7.
Alphabet Inc. (GOOG), A Top Contributor in Alger Spectra’s Q4 2020 Portfolio
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 Alphabet Inc. (NASDAQ: GOOG) and emphasized their views on the company. Alphabet Inc. is a California-based multinational conglomerate firm and the mother company of Google. It currently has a $1.38 trillion market capitalization. Since the beginning of the year, GOOG delivered a 17.07% retu