# EDGAR Filing Document

**Accession Number:** 0000092751
**File Stem:** 0000940400-25-014911
**Filing Date:** 2025-12
**Character Count:** 80240
**Document Hash:** f4c3cc58c0416034cf2434d8c9d3da12
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014911.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000940400-25-014911

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALGER FUNDS II
- **CENTRAL INDEX KEY:** 0000092751

**ORGANIZATION NAME:**
- **EIN:** 042451826
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01743
- **FILM NUMBER:** 251605019

**BUSINESS ADDRESS:**
- **STREET 1:** 100 PEARL STREET
- **STREET 2:** 27TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004
- **BUSINESS PHONE:** 212-806-8833

**MAIL ADDRESS:**
- **STREET 1:** 100 PEARL STREET
- **STREET 2:** 27TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SPECTRA FUNDS
- **DATE OF NAME CHANGE:** 20070503

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SPECTRA FUND
- **DATE OF NAME CHANGE:** 20040325

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SPECTRA FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Alger Dynamic Opportunities Fund (Series ID: S000026226)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000078761 | Alger Dynamic Opportunities Fund Class A | SPEDX           |
| C000095104 | Alger Dynamic Opportunities Fund Class Z | ADOZX           |
| C000098121 | Alger Dynamic Opportunities Fund Class C | ADOCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ALGER FUNDS II

- **b. Investment Company Act file number:** 811-01743

- **c. CIK number of Registrant:** 0000092751

- **d. LEI of Registrant:** 5493000SDHVJHP1Z8450

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Pearl Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10004-6030

  - **Telephone number:** 212-806-8800

**Item A.2. Information about the Series.**

- **a. Name of Series:** Alger Dynamic Opportunities Fund

- **b. EDGAR series identifier (if any):** S000026226

- **c. LEI of Series:** 549300EEP2NZIG7ZPS25

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $310674346.71

**Total Liabilities:** $81615455.47

**Net Assets:** $229058891.24

**Cash Not Reported:** $88580890.19

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000078761 | -0.89%               | 1.44%                | 0.18%                |
| Class ID C000095104 | -0.89%               | 1.46%                | 0.21%                |
| Class ID C000098121 | -0.97%               | 1.40%                | 0.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $212926.38               | $-1706237.10                               |
| Month 2  | $2681177.84              | $1278799.63                                |
| Month 3  | $2207104.22              | $-435812.54                                |

**Designated Index Information**

- **Index Name:** 50 R1000G R2000G

- **Index Identifier:** 50_R1000G_50_R2000G

### Schedule of Portfolio Investments

| Name                                              | Title                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NASDAQ, INC.                                      | TRUMP MEDIA & TECHNOLOGY GROUP CORP               | CUSIP: 000000000<br>LEI: 549300L8X1Q78ERXFD06 | N/A              | DE               | CORP              | US        |       120 | NC      | $168000.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                             | Spotify Technology SA                             | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | SE        |      6385 | NS      | $4184218.20   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA Pharmaceuticals Inc                        | ACADIA Pharmaceuticals Inc                        | CUSIP: 004225108<br>LEI: 529900O3044NO0PEA039 | Long             | EC               | CORP              | US        |     45226 | NS      | $1026630.20   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                                 | Tractor Supply Co                                 | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Short            | EC               | CORP              | US        |    -12423 | NS      | $-672208.53   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Klaviyo Inc                                       | Klaviyo Inc                                       | CUSIP: 49845K101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -28838 | NS      | $-749788.00   | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc                                 | Hamilton Lane Inc                                 | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |      2102 | NS      | $239543.92    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                                     | McKesson Corp                                     | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      4477 | NS      | $3632369.18   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Semtech Corp                                      | Semtech Corp                                      | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |     18950 | NS      | $1285947.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Inmode Ltd                                        | Inmode Ltd                                        | CUSIP: 000000000<br>LEI: 984500DD95A35E9BD358 | Long             | EC               | CORP              | IL        |     10666 | NS      | $157536.82    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TOLERO DCR                                        | TOLERO DCR                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    126108 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Montrose Environmental Group I                    | Montrose Environmental Group Inc                  | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |     14533 | NS      | $376114.04    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Exact Sciences Corp                               | Exact Sciences Corp                               | CUSIP: 30063P105<br>LEI: 549300VM3X1FYD4N9Z14 | Short            | EC               | CORP              | US        |    -27470 | NS      | $-1777034.30  | -0.78%            |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                    | Eli Lilly & Co                                    | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1600 | NS      | $1380576.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM Resorts International                         | MGM Resorts International                         | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Short            | EC               | CORP              | US        |    -23982 | NS      | $-768143.46   | -0.34%            |  |  |  | No            |                  1 | On Loan: No      |
| indie Semiconductor Inc                           | indie Semiconductor Inc                           | CUSIP: 45569U101<br>LEI: 254900L1MFXFYGB1PV53 | Short            | EC               | CORP              | US        |    -83236 | NS      | $-447809.68   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc                              | Generac Holdings Inc                              | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Short            | EC               | CORP              | US        |    -11674 | NS      | $-1961465.48  | -0.86%            |  |  |  | No            |                  1 | On Loan: No      |
| Simulations Plus Inc                              | Simulations Plus Inc                              | CUSIP: 829214105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3173 | NS      | $-54512.14    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                          | Crowdstrike Holdings Inc                          | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      4954 | NS      | $2690071.54   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc                            | TKO Group Holdings Inc                            | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9888 | NS      | $1862899.20   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                       | Netflix Inc                                       | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      4635 | NS      | $5185916.10   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                              | Taiwan Semiconductor Manufacturing Co Ltd         | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     15984 | NS      | $4802073.12   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                                          | NIKE Inc                                          | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Short            | EC               | CORP              | US        |     -9369 | NS      | $-605143.71   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                               | Texas Roadhouse Inc                               | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Short            | EC               | CORP              | US        |     -5258 | NS      | $-860103.64   | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| US Physical Therapy Inc                           | US Physical Therapy Inc                           | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Short            | EC               | CORP              | US        |    -10034 | NS      | $-865633.18   | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| Upstart Holdings Inc                              | Upstart Holdings Inc                              | CUSIP: 91680M107<br>LEI: 549300WNB47JRNENIC75 | Long             | EC               | CORP              | US        |     23216 | NS      | $1103224.32   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Neptune Insurance Holdings Inc                    | Neptune Insurance Holdings Inc                    | CUSIP: 64073B103<br>LEI: 529900I3QTHC0Q1C2D65 | Long             | EC               | CORP              | US        |      1148 | NS      | $29480.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc                       | Sterling Infrastructure Inc                       | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      1163 | NS      | $439497.70    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackbaud Inc                                     | Blackbaud Inc                                     | CUSIP: 09227Q100<br>LEI: 54930056X3HKFMNG3754 | Short            | EC               | CORP              | US        |    -12869 | NS      | $-824130.76   | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Floor & Decor Holdings Inc                        | Floor & Decor Holdings Inc                        | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Short            | EC               | CORP              | US        |    -13086 | NS      | $-817613.28   | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Ameresco Inc                                      | Ameresco Inc                                      | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Short            | EC               | CORP              | US        |     -3988 | NS      | $-157605.76   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Grid Dynamics Holdings Inc                        | Grid Dynamics Holdings Inc                        | CUSIP: 39813G109<br>LEI: 9845007E77EEC65AZE29 | Short            | EC               | CORP              | US        |    -26258 | NS      | $-245249.72   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp                                      | Glaukos Corp                                      | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |      4541 | NS      | $399925.87    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| adidas AG                                         | adidas AG                                         | CUSIP: 000000000<br>LEI: 549300JSX0Z4CW0V5023 | Short            | EC               | CORP              | DE        |     -3028 | NS      | $-572541.41   | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| Western Digital Corp                              | Western Digital Corp                              | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |     12003 | NS      | $1802970.63   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                                               | International Business Machines Corp              | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Short            | EC               | CORP              | US        |     -9735 | NS      | $-2992636.35  | -1.31%            |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technol                    | Westinghouse Air Brake Technologies Corp          | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Short            | EC               | CORP              | US        |     -4312 | NS      | $-881545.28   | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                                 | MP Materials Corp                                 | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |      6784 | NS      | $428002.56    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                                     | Ford Motor Co                                     | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Short            | EC               | CORP              | US        |    -61690 | NS      | $-809989.70   | -0.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                                    | Cava Group Inc                                    | CUSIP: 148929102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -35449 | NS      | $-1904674.77  | -0.83%            |  |  |  | No            |                  1 | On Loan: No      |
| RXO Inc                                           | RXO Inc                                           | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |     11236 | NS      | $199214.28    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                        | Cadence Design Systems Inc                        | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      5103 | NS      | $1728335.07   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Farms Inc                                   | Vital Farms Inc                                   | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Short            | EC               | CORP              | US        |    -19731 | NS      | $-648163.35   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos                                 | Piper Sandler Cos                                 | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |       867 | NS      | $276798.42    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                    | Amazon.com Inc                                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     23422 | NS      | $5720120.84   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Waystar Holding Corp                              | Waystar Holding Corp                              | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2929 | NS      | $105004.65    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fisker Inc                                        | Fisker Inc                                        | CUSIP: 33813J106<br>LEI: 549300UUN5RWU44MBX79 | Short            | EC               | CORP              | US        |    -55316 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Progyny Inc                                       | Progyny Inc                                       | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53682 | NS      | $1004390.22   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Abivax SA                                         | Abivax SA                                         | CUSIP: 00370M103<br>LEI: 969500D8TMNB184OJU95 | Long             | EC               | CORP              | FR        |     10187 | NS      | $1043352.54   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Lucid Group Inc                                   | Lucid Group Inc                                   | CUSIP: 549498202<br>LEI: 529900MRL9Z13ZCRVD74 | Short            | EC               | CORP              | US        |     -5132 | NS      | $-91093.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Primis Financial Corp                             | Primis Financial Corp                             | CUSIP: 74167B109<br>LEI: 549300JNX3M2EENG1F11 | Short            | EC               | CORP              | US        |    -18675 | NS      | $-203277.38   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                                        | Reddit Inc                                        | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Short            | EC               | CORP              | US        |     -1983 | NS      | $-414347.85   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Velo3D Inc                                        | Velo3D Inc                                        | CUSIP: 92259N302<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -751 | NS      | $-4168.05     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Novanta Inc                                       | Novanta Inc                                       | CUSIP: 67000B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3159 | NS      | $401224.59    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc                     | Universal Health Services Inc                     | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Short            | EC               | CORP              | US        |     -4347 | NS      | $-943342.47   | -0.41%            |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                             | Waste Connections Inc                             | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |       794 | NS      | $133137.92    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                       | NVIDIA Corp                                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     56969 | NS      | $11535652.81  | 5.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Rivian Automotive Inc                             | Rivian Automotive Inc                             | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Short            | EC               | CORP              | US        |    -76751 | NS      | $-1041511.07  | -0.45%            |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                               | Paycom Software Inc                               | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Short            | EC               | CORP              | US        |     -8045 | NS      | $-1505139.05  | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                                  | MercadoLibre Inc                                  | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |      1136 | NS      | $2643767.36   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                | Meta Platforms Inc                                | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     16980 | NS      | $11008983.00  | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health Inc                               | Guardant Health Inc                               | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |     13838 | NS      | $1287210.76   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Xometry Inc                                       | Xometry Inc                                       | CUSIP: 98423F109<br>LEI: 5493006JFRGU7YRRXE44 | Long             | EC               | CORP              | US        |      1931 | NS      | $94020.39     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Forte Biosciences Inc                             | Forte Biosciences Inc                             | CUSIP: 34962G208<br>LEI: 529900Z84WFDHPS3JP76 | Long             | EC               | CORP              | US        |     47372 | NS      | $612993.68    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp                    | Atlantic Union Bankshares Corp                    | CUSIP: 04911A107<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -11093 | NS      | $-360744.36   | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                                   | Fair Isaac Corp                                   | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Short            | EC               | CORP              | US        |      -542 | NS      | $-899465.26   | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Confluent Inc                                     | Confluent Inc                                     | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |     19546 | NS      | $456790.02    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp                                          | AAR Corp                                          | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |      9843 | NS      | $828879.03    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                                      | Illumina Inc                                      | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Short            | EC               | CORP              | US        |     -7218 | NS      | $-891711.72   | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group Inc                               | StepStone Group Inc                               | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22029 | NS      | $1341125.52   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Symbotic Inc                                      | Symbotic Inc                                      | CUSIP: 87151X101<br>LEI: 529900UN9QT55OG9I235 | Short            | EC               | CORP              | US        |     -8428 | NS      | $-682246.60   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Opendoor Technologies Inc                         | Opendoor Technologies Inc                         | CUSIP: 683712103<br>LEI: 254900KX11YZ4HV5BQ47 | Short            | EC               | CORP              | US        |     -1450 | NS      | $-11266.50    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SoundHound AI Inc                                 | SoundHound AI Inc                                 | CUSIP: 836100107<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -6005 | NS      | $-105808.10   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos Inc/T                    | Interpublic Group of Cos Inc/The                  | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Short            | EC               | CORP              | US        |    -24727 | NS      | $-634494.82   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Nektar Therapeutics                               | Nektar Therapeutics                               | CUSIP: 640268306<br>LEI: 5299005I24806IOIYE03 | Long             | EC               | CORP              | US        |     11442 | NS      | $742929.06    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                                        | Twilio Inc                                        | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |     18973 | NS      | $2559078.24   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Duolingo Inc                                      | Duolingo Inc                                      | CUSIP: 26603R106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -1630 | NS      | $-441143.20   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical Inc                       | BioMarin Pharmaceutical Inc                       | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |      3054 | NS      | $163602.78    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Palvella Therapeutics Inc                         | Palvella Therapeutics Inc                         | CUSIP: 697947109<br>LEI: 254900AJDH8PAOOI5T33 | Long             | EC               | CORP              | US        |     13912 | NS      | $1110734.08   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc                             | Quest Diagnostics Inc                             | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Short            | EC               | CORP              | US        |     -2349 | NS      | $-413306.55   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc                             | Burlington Stores Inc                             | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      3056 | NS      | $836091.04    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc                                       | MongoDB Inc                                       | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      6315 | NS      | $2272263.30   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultragenyx Pharmaceutical Inc                     | Ultragenyx Pharmaceutical Inc                     | CUSIP: 90400D108<br>LEI: 529900EV44GVDN1DCX77 | Long             | EC               | CORP              | US        |      9517 | NS      | $329288.20    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SmartRent Inc                                     | SmartRent Inc                                     | CUSIP: 83193G107<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -11841 | NS      | $-16458.99    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Roku Inc                                          | Roku Inc                                          | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |     25507 | NS      | $2707057.91   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                          | Bank OZK                                          | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Short            | EC               | CORP              | US        |     -2663 | NS      | $-119808.37   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc                              | Medpace Holdings Inc                              | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Short            | EC               | CORP              | US        |      -707 | NS      | $-413531.37   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Impinj Inc                                        | Impinj Inc                                        | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |       500 | NS      | $101080.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                    | Salesforce Inc                                    | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Short            | EC               | CORP              | US        |     -9979 | NS      | $-2598631.39  | -1.13%            |  |  |  | No            |                  1 | On Loan: No      |
| First Watch Restaurant Group I                    | First Watch Restaurant Group Inc                  | CUSIP: 33748L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8920 | NS      | $147090.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                        | HEICO Corp                                        | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      6816 | NS      | $1688527.68   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsara Inc                                       | Samsara Inc                                       | CUSIP: 79589L106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -39883 | NS      | $-1602100.11  | -0.70%            |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Inc                                        | Vertex Inc                                        | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |      7312 | NS      | $167444.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lemonade Inc                                      | Lemonade Inc                                      | CUSIP: 52567D107<br>LEI: 5493009BKR06OXXU6853 | Short            | EC               | CORP              | US        |     -7755 | NS      | $-465920.40   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings Inc                                 | Loar Holdings Inc                                 | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3378 | NS      | $267301.14    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc                        | CF Industries Holdings Inc                        | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Short            | EC               | CORP              | US        |    -17186 | NS      | $-1431421.94  | -0.62%            |  |  |  | No            |                  1 | On Loan: No      |
| Archer Aviation Inc                               | Archer Aviation Inc                               | CUSIP: 03945R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    152663 | NS      | $1712878.86   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Seritage Growth Properties                        | Seritage Growth Properties                        | CUSIP: 81752R100<br>LEI: 5493003CJFC2MM82WB25 | Short            | EC               | CORP              | US        |    -31596 | NS      | $-128279.76   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Enovix Corp                                       | Enovix Corp                                       | CUSIP: 293594107<br>LEI: 549300EC7NZGWORHYJ53 | Long             | EC               | CORP              | US        |    205938 | NS      | $2469196.62   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadre Holdings Inc                                | Cadre Holdings Inc                                | CUSIP: 12763L105<br>LEI: 2549006IKQEWJ8M7CB97 | Long             | EC               | CORP              | US        |     15809 | NS      | $671250.14    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire State Realty Trust Inc                     | Empire State Realty Trust Inc                     | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Short            | EC               | CORP              | US        |     -6857 | NS      | $-50673.23    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc                                | Planet Fitness Inc                                | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |      5535 | NS      | $501969.15    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International Inc                      | Somnigroup International Inc                      | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |     26704 | NS      | $2118695.36   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc                            | Tyler Technologies Inc                            | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Short            | EC               | CORP              | US        |     -3371 | NS      | $-1605472.46  | -0.70%            |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                           | XPO Inc                                           | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |      1901 | NS      | $273496.87    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Rumble Inc                                        | Rumble Inc                                        | CUSIP: 78137L105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -45875 | NS      | $-314702.50   | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                   | T-Mobile US Inc                                   | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Short            | EC               | CORP              | US        |     -9501 | NS      | $-1995685.05  | -0.87%            |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                    | Microsoft Corp                                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     15252 | NS      | $7897638.12   | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SiteOne Landscape Supply Inc                      | SiteOne Landscape Supply Inc                      | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |      2063 | NS      | $267715.51    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                                    | GE Vernova Inc                                    | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      1390 | NS      | $813344.60    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                            | Intuitive Surgical Inc                            | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      3799 | NS      | $2029729.72   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                         | Block Inc                                         | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Short            | EC               | CORP              | US        |    -11565 | NS      | $-878246.10   | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | INVESCO QQQ TRUST SERIES 1                        | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       405 | NC      | $278640.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                                      | Wingstop Inc                                      | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      1051 | NS      | $227678.13    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Group Inc                               | Paramount Group Inc                               | CUSIP: 69924R108<br>LEI: 5493006GJU1CFI7Z5J17 | Short            | EC               | CORP              | US        |     -8876 | NS      | $-58049.04    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Artivion Inc                                      | Artivion Inc                                      | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |     26092 | NS      | $1183794.04   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Tutor Perini Corp                                 | Tutor Perini Corp                                 | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |      8349 | NS      | $562388.64    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Group Inc                            | T Rowe Price Group Inc                            | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |      8501 | NS      | $871607.53    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                                     | United States Treasury Bill                       | CUSIP: 912797RQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11000000 | PA      | $10971180.00  | 4.79%             | 2025-11-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DaVita Inc                                        | DaVita Inc                                        | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Short            | EC               | CORP              | US        |     -3315 | NS      | $-394551.30   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Schrodinger Inc/United States                     | Schrodinger Inc/United States                     | CUSIP: 80810D103<br>LEI: 984500044BAE4791E559 | Long             | EC               | CORP              | US        |     41368 | NS      | $870382.72    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Cidara Therapeutics Inc                           | Cidara Therapeutics Inc                           | CUSIP: 171757206<br>LEI: 549300IHQ9Z7RI1X2D22 | Long             | EC               | CORP              | US        |      6454 | NS      | $705034.96    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Trump Media & Technology Group                    | Trump Media & Technology Group Corp               | CUSIP: 25400Q105<br>LEI: 6488S3A83U2SRQ48O215 | Short            | EC               | CORP              | US        |     -2738 | NS      | $-41959.85    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Accelerant Holdings                               | Accelerant Holdings                               | CUSIP: 000000000<br>LEI: 213800VS4CX9ZONTD965 | Long             | EC               | CORP              | KY        |     12880 | NS      | $149665.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| StandardAero Inc                                  | StandardAero Inc                                  | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       316 | NS      | $9129.24      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                                      | Agilysys Inc                                      | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |      1147 | NS      | $143902.62    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                    | Starbucks Corp                                    | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Short            | EC               | CORP              | US        |    -18729 | NS      | $-1514614.23  | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                        | Intuit Inc                                        | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Short            | EC               | CORP              | US        |     -1064 | NS      | $-710273.20   | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                 | Johnson & Johnson                                 | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     18560 | NS      | $3505427.20   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Inc                                       | Compass Inc                                       | CUSIP: 20464U100<br>LEI: 254900DMGQSTC3I2IM78 | Long             | EC               | CORP              | US        |     27400 | NS      | $211254.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Treasury Obligations Cash Management Fund | Dreyfus Treasury Obligations Cash Management Fund | CUSIP: 261908107<br>LEI: 549300MKKM9KT7BF6329 | Long             | STIV             | RF                | US        |   5329520 | NS      | $5329519.84   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp                            | Paylocity Holding Corp                            | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |      5288 | NS      | $747035.76    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                        | AbbVie Inc                                        | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      5391 | NS      | $1175453.64   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| First Advantage Corp                              | First Advantage Corp                              | CUSIP: 31846B108<br>LEI: 549300RNJ0PXU8FP7D06 | Long             | EC               | CORP              | US        |     19412 | NS      | $245173.56    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Soleno Therapeutics Inc                           | Soleno Therapeutics Inc                           | CUSIP: 834203309<br>LEI: 5493003LCY77N7FXK844 | Short            | EC               | CORP              | US        |    -16254 | NS      | $-1091618.64  | -0.48%            |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                                       | Infosys Ltd                                       | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Short            | EC               | CORP              | IN        |    -90672 | NS      | $-1502435.04  | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software                     | Take-Two Interactive Software Inc                 | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     17359 | NS      | $4450326.83   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                                  | SPS Commerce Inc                                  | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |      1183 | NS      | $97289.92     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc                                   | Yum! Brands Inc                                   | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Short            | EC               | CORP              | US        |     -5734 | NS      | $-792496.14   | -0.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Capgemini SE                                      | Capgemini SE                                      | CUSIP: 000000000<br>LEI: 96950077L0TN7BAROX36 | Short            | EC               | CORP              | FR        |    -13238 | NS      | $-2036606.00  | -0.89%            |  |  |  | No            |                  2 | On Loan: No      |
| 23andMe Holding Co                                | 23andMe Holding Co                                | CUSIP: 90138Q306<br>LEI: 529900FU5IIBCXYHHX25 | Short            | EC               | CORP              | US        |     -3023 | NS      | $-10429.35    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Toro Co/The                                       | Toro Co/The                                       | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Short            | EC               | CORP              | US        |     -5536 | NS      | $-413705.28   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                         | S&P 500 INDEX                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |        33 | NC      | $247500.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                                       | Shopify Inc                                       | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |      4424 | NS      | $769156.64    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| uniQure NV                                        | uniQure NV                                        | CUSIP: 000000000<br>LEI: 724500RPCTZLFYJZ3S98 | Long             | EC               | CORP              | NL        |     12677 | NS      | $858106.13    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc                          | Builders FirstSource Inc                          | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      6459 | NS      | $750342.03    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Miami International Holdings I                    | Miami International Holdings Inc                  | CUSIP: 59356Q108<br>LEI: 254900TREUDBWGLAP788 | Long             | EC               | CORP              | US        |       650 | NS      | $28405.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcat Inc                                      | Transcat Inc                                      | CUSIP: 893529107<br>LEI: 54930081E40TSSHUOS40 | Long             | EC               | CORP              | US        |      1336 | NS      | $97060.40     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corp                                 | Bloom Energy Corp                                 | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |      6854 | NS      | $905824.64    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Nebius Group NV                                   | Nebius Group NV                                   | CUSIP: 000000000<br>LEI: 549300GGZHJ5Q1B18P93 | Long             | EC               | CORP              | NL        |     49620 | NS      | $6491288.40   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                                     | Repligen Corp                                     | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     18044 | NS      | $2689638.64   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Veracyte Inc                                      | Veracyte Inc                                      | CUSIP: 92337F107<br>LEI: 529900ESWZRHXOW27Z37 | Long             | EC               | CORP              | US        |      5994 | NS      | $216263.52    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                        | HEICO Corp                                        | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      4764 | NS      | $1513856.28   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS                                       | TRS SES AI CORP                                   | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DE               | CORP              | FR        |         1 | NC      | $-5480.05     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CROSSLINK VENTURES C LLC CALSS A SHARES           | CROSSLINK VENTURES C LLC CALSS A SHARES           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        37 | NS      | $387391.33    | 0.17%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AstraZeneca PLC                                   | AstraZeneca PLC                                   | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     22443 | NS      | $1849303.20   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| QXO Inc                                           | QXO Inc                                           | CUSIP: 82846H405<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    148013 | NS      | $2615389.71   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPULSE DYNAMICS IRELAND                          | IMPULSE DYNAMICS IRELAND                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3485265 | NS      | $125469.54    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Toast Inc                                         | Toast Inc                                         | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Short            | EC               | CORP              | US        |    -24809 | NS      | $-896597.26   | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                                        | NetApp Inc                                        | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Short            | EC               | CORP              | US        |     -7900 | NS      | $-930462.00   | -0.41%            |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                        | Kadant Inc                                        | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Short            | EC               | CORP              | US        |    -10470 | NS      | $-2896630.20  | -1.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Legence Corp                                      | Legence Corp                                      | CUSIP: 52476L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10748 | NS      | $444644.76    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstService Corp                                 | FirstService Corp                                 | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |     14129 | NS      | $2252303.89   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                                      | Fortinet Inc                                      | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Short            | EC               | CORP              | US        |    -10126 | NS      | $-875190.18   | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS US MARQUEE MOMENTUM LONG                      | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-217787.25   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| CROSSLINK VENTURES C LLC CLASS B SHARES           | CROSSLINK VENTURES C LLC CLASS B SHARES           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        22 | NS      | $232395.07    | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cloudflare Inc                                    | Cloudflare Inc                                    | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |      7542 | NS      | $1910388.60   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                                       | Target Corp                                       | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Short            | EC               | CORP              | US        |    -20208 | NS      | $-1873685.76  | -0.82%            |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos Inc/The                          | Estee Lauder Cos Inc/The                          | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |     17230 | NS      | $1665968.70   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp                             | Tenet Healthcare Corp                             | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     17062 | NS      | $3523132.38   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                                          | Etsy Inc                                          | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Short            | EC               | CORP              | US        |     -7177 | NS      | $-444974.00   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Rubrik Inc                                        | Rubrik Inc                                        | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |     13079 | NS      | $984456.33    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                                   | Bio-Techne Corp                                   | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     27637 | NS      | $1729247.09   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                                       | Cameco Corp                                       | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |      8379 | NS      | $856417.59    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                                   | First Solar Inc                                   | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      3662 | NS      | $977534.28    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs Inc                                   | Astera Labs Inc                                   | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |     15159 | NS      | $2829882.12   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                       | Paychex Inc                                       | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Short            | EC               | CORP              | US        |    -12813 | NS      | $-1499505.39  | -0.65%            |  |  |  | No            |                  1 | On Loan: No      |
| Aurora Innovation Inc                             | Aurora Innovation Inc                             | CUSIP: 051774107<br>LEI: 984500AB2E0D9F7D9D76 | Short            | EC               | CORP              | US        |   -132827 | NS      | $-696013.48   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp                                       | Neogen Corp                                       | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |     21609 | NS      | $133327.53    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Easterly Government Properties                    | Easterly Government Properties Inc                | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Short            | EC               | CORP              | US        |    -12496 | NS      | $-270163.52   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp                                          | VSE Corp                                          | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |      1600 | NS      | $289088.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PureCycle Technologies Inc                        | PureCycle Technologies Inc                        | CUSIP: 74623V103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -26663 | NS      | $-308757.54   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters Inc                              | Urban Outfitters Inc                              | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Short            | EC               | CORP              | US        |     -8322 | NS      | $-537684.42   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                     | Accenture PLC                                     | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Short            | EC               | CORP              | IE        |    -12338 | NS      | $-3085733.80  | -1.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc                              | Palomar Holdings Inc                              | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |      5730 | NS      | $653277.30    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                                        | Natera Inc                                        | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56839 | NS      | $11306982.27  | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                                           | Sea Ltd                                           | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |     17576 | NS      | $2746250.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                                     | AppLovin Corp                                     | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      8960 | NS      | $5710476.80   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc                               | TransDigm Group Inc                               | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2434 | NS      | $3184913.34   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| QuantumScape Corp                                 | QuantumScape Corp                                 | CUSIP: 74767V109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -8498 | NS      | $-156703.12   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Power Integrations Inc                            | Power Integrations Inc                            | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Short            | EC               | CORP              | US        |    -19541 | NS      | $-818572.49   | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                                | Walt Disney Co/The                                | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Short            | EC               | CORP              | US        |    -17908 | NS      | $-2016798.96  | -0.88%            |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                                       | Zscaler Inc                                       | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Short            | EC               | CORP              | US        |     -2478 | NS      | $-820564.92   | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc                            | Church & Dwight Co Inc                            | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Short            | EC               | CORP              | US        |    -16196 | NS      | $-1420227.24  | -0.62%            |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                               | Elevance Health Inc                               | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Short            | EC               | CORP              | US        |     -6374 | NS      | $-2021832.80  | -0.88%            |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems Inc                         | Casella Waste Systems Inc                         | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |      1844 | NS      | $163323.08    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc                          | Procore Technologies Inc                          | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Short            | EC               | CORP              | US        |     -6825 | NS      | $-503821.50   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| SB TECHNOLOGY CORP                                | SB Technology, Inc. Series E Preferred Stock      | CUSIP: 805991551<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    114903 | NS      | $1977480.63   | 0.86%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Celsius Holdings Inc                              | Celsius Holdings Inc                              | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21786 | NS      | $1312170.78   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                                       | ROBLOX Corp                                       | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39821 | NS      | $4528444.12   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holding                    | Ollie's Bargain Outlet Holdings Inc               | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |      2143 | NS      | $258895.83    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                                        | ResMed Inc                                        | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Short            | EC               | CORP              | US        |     -5532 | NS      | $-1365740.16  | -0.60%            |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                     | Dynatrace Inc                                     | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Short            | EC               | CORP              | US        |    -40983 | NS      | $-2072510.31  | -0.90%            |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp Inc                                 | Eagle Bancorp Inc                                 | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Short            | EC               | CORP              | US        |    -26273 | NS      | $-440072.75   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| DocGo Inc                                         | DocGo Inc                                         | CUSIP: 256086109<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -4671 | NS      | $-5091.39     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                               | PayPal Holdings Inc                               | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Short            | EC               | CORP              | US        |    -12495 | NS      | $-865528.65   | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solu                    | Kratos Defense & Security Solutions Inc           | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |      1207 | NS      | $109354.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| nCino Inc                                         | nCino Inc                                         | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |     12172 | NS      | $324748.96    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                      | Alphabet Inc                                      | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     35605 | NS      | $10011769.95  | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                      | Danaher Corp                                      | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      8270 | NS      | $1781192.60   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPULSE DYNAMICS IRELAND                          | IMPULSE DYNAMICS IRELAND                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  13695990 | NS      | $780671.43    | 0.34%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RadNet Inc                                        | RadNet Inc                                        | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |     11200 | NS      | $851088.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp                                 | Talen Energy Corp                                 | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6679 | NS      | $2670130.62   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                       | Workday Inc                                       | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Short            | EC               | CORP              | US        |     -8622 | NS      | $-2068590.24  | -0.90%            |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear Inc                                     | Maplebear Inc                                     | CUSIP: 565394103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -37137 | NS      | $-1368869.82  | -0.60%            |  |  |  | No            |                  1 | On Loan: No      |
| Fermi Inc                                         | Fermi Inc                                         | CUSIP: 314911108<br>LEI: 529900TSHBYBCFMYZ228 | Short            | EC               | CORP              | US        |    -24731 | NS      | $-648199.51   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                             | Costco Wholesale Corp                             | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Short            | EC               | CORP              | US        |     -2907 | NS      | $-2649585.15  | -1.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Joby Aviation Inc                                 | Joby Aviation Inc                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54526 | NS      | $945480.84    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                                       | HubSpot Inc                                       | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |       253 | NS      | $124455.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-26

**Name of Applicant:** ALGER FUNDS II

**Signature:** Michael D. Martins

**Name of Signer:** Michael D. Martins

**Title:** Treasurer