# EDGAR Filing Document

**Accession Number:** 0000092751
**File Stem:** 0000940400-25-014924
**Filing Date:** 2025-12
**Character Count:** 51851
**Document Hash:** 79ecf375b22116faedd0237e9d548105
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014924.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000940400-25-014924

**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:** 251605033

**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 Spectra Fund (Series ID: S000009190)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000024978 | Alger Spectra Fund Class A | SPECX           |
| C000068367 | Alger Spectra Fund Class C | ASPCX           |
| C000068368 | Alger Spectra Fund Class I | ASPIX           |
| C000095102 | Alger Spectra Fund Class Z | ASPZX           |
| C000206605 | Alger Spectra Fund Class Y | ASPYX           |

## 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 SPECTRA FUND

- **b. EDGAR series identifier (if any):** S000009190

- **c. LEI of Series:** 549300CD0R22M1E4GK83

**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:** $5131766267.49

**Total Liabilities:** $557965445.40

**Net Assets:** $4573800822.09

**Cash Not Reported:** $109851454.06

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024978 | 1.33%                | 9.14%                | 3.25%                |
| Class ID C000068367 | 1.30%                | 9.04%                | 3.18%                |
| Class ID C000068368 | 1.34%                | 9.13%                | 3.24%                |
| Class ID C000095102 | 1.35%                | 9.19%                | 3.28%                |
| Class ID C000206605 | 1.34%                | 9.21%                | 3.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $32418274.77             | $27607203.70                               |
| Month 2  | $42140067.52             | $338646955.93                              |
| Month 3  | $91668299.11             | $58365116.56                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Astera Labs Inc                                   | Astera Labs Inc                                   | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |    299764 | NS      | $55959943.52  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust Series 1                        | Invesco QQQ Trust Series 1                        | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Short            | EC               | RF                | US        |    -10456 | NS      | $-6577555.92  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc                        | CF Industries Holdings Inc                        | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Short            | EC               | CORP              | US        |    -72000 | NS      | $-5996880.00  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                                       | ROBLOX Corp                                       | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    366407 | NS      | $41667804.04  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co/The                                     | Clorox Co/The                                     | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Short            | EC               | CORP              | US        |    -35507 | NS      | $-3993117.22  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp                             | Encompass Health Corp                             | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |    100000 | NS      | $11385000.00  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                             | Robinhood Markets Inc                             | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |    356856 | NS      | $52379323.68  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| DENTSPLY SIRONA Inc                               | DENTSPLY SIRONA Inc                               | CUSIP: 24906P109<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Short            | EC               | CORP              | US        |   -174469 | NS      | $-2200054.09  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc                            | Tyler Technologies Inc                            | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Short            | EC               | CORP              | US        |    -10106 | NS      | $-4813083.56  | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev SA/NV                        | Anheuser-Busch InBev SA/NV                        | CUSIP: 03524A108<br>LEI: 5493008H3828EMEXB082 | Short            | EC               | CORP              | BE        |   -105777 | NS      | $-6441819.30  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                        | Federal National Mortgage Association             | CUSIP: 313586109<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | EC               | USGSE             | US        |    297698 | NS      | $3039496.58   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Zebra Technologies Corp                           | Zebra Technologies Corp                           | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Short            | EC               | CORP              | US        |    -15000 | NS      | $-4038750.00  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications Internati                    | Science Applications International Corp           | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Short            | EC               | CORP              | US        |    -53425 | NS      | $-5006456.75  | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                    | Microsoft Corp                                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   1091829 | NS      | $565359974.49 | 12.36%            |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                                    | GE Vernova Inc                                    | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     26235 | NS      | $15351147.90  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                      | Broadcom Inc                                      | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    461984 | NS      | $170763145.92 | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp                                 | Talen Energy Corp                                 | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    220110 | NS      | $87995575.80  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                            | Intuitive Surgical Inc                            | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |    101141 | NS      | $54037613.48  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| IPG Photonics Corp                                | IPG Photonics Corp                                | CUSIP: 44980X109<br>LEI: 5493002KZ51CADQ94G15 | Short            | EC               | CORP              | US        |   -109924 | NS      | $-9356730.88  | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                                 | General Motors Co                                 | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Short            | EC               | CORP              | US        |   -112008 | NS      | $-7738632.72  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For                    | Liberty Media Corp-Liberty Formula One            | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    399579 | NS      | $39897963.15  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR Portfolio S&P 500 Value ETF     | State Street SPDR Portfolio S&P 500 Value ETF     | CUSIP: 78464A508<br>LEI: 549300Q000TDS51V8H46 | Short            | EC               | RF                | US        |   -396987 | NS      | $-22223332.26 | -0.49%            |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                           | Procter & Gamble Co/The                           | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Short            | EC               | CORP              | US        |    -42000 | NS      | $-6315540.00  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                               | Ascendis Pharma A/S                               | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |     56455 | NS      | $11381328.00  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                                     | Snowflake Inc                                     | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |    103028 | NS      | $28320336.64  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                              | Lockheed Martin Corp                              | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Short            | EC               | CORP              | US        |    -14894 | NS      | $-7326060.72  | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| DaVita Inc                                        | DaVita Inc                                        | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Short            | EC               | CORP              | US        |     -3644 | NS      | $-433708.88   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Cidara Therapeutics Inc                           | Cidara Therapeutics Inc                           | CUSIP: 171757206<br>LEI: 549300IHQ9Z7RI1X2D22 | Long             | EC               | CORP              | US        |    150228 | NS      | $16410906.72  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TIC Solutions Inc                                 | TIC Solutions Inc                                 | CUSIP: 00510N102<br>LEI: 213800ZDFRNC8QXEZ481 | Long             | EC               | CORP              | US        |    570038 | NS      | $6914560.94   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL Environmental Inc                             | GFL Environmental Inc                             | CUSIP: 36168Q104<br>LEI: 894500E7NLBY9VZRT696 | Long             | EC               | CORP              | CA        |   1936651 | NS      | $84612282.19  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                         | Alibaba Group Holding Ltd                         | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |     92900 | NS      | $15832947.00  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                        | Intuit Inc                                        | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Short            | EC               | CORP              | US        |    -17055 | NS      | $-11385065.25 | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Klaviyo Inc                                       | Klaviyo Inc                                       | CUSIP: 49845K101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -93847 | NS      | $-2440022.00  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                           | Aon PLC                                           | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Short            | EC               | CORP              | GB        |    -10755 | NS      | $-3664013.40  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                        | HEICO Corp                                        | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |    343395 | NS      | $85069243.35  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIME FINANCIAL INC /PFD/                         | CHIME FINANCIAL INC /PFD/                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    188583 | NS      | $3237970.11   | 0.07%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dreyfus Treasury Obligations Cash Management Fund | Dreyfus Treasury Obligations Cash Management Fund | CUSIP: 261908107<br>LEI: 549300MKKM9KT7BF6329 | Long             | STIV             | RF                | US        |   1862023 | NS      | $1862023.31   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                         | Adobe Inc                                         | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Short            | EC               | CORP              | US        |    -16188 | NS      | $-5508938.28  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co                          | Molson Coors Beverage Co                          | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Short            | EC               | CORP              | US        |   -117042 | NS      | $-5117076.24  | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc                        | Advanced Micro Devices Inc                        | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     45584 | NS      | $11674974.08  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp                                    | A O Smith Corp                                    | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Short            | EC               | CORP              | US        |    -40971 | NS      | $-2703676.29  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| ARK Innovation ETF                                | ARK Innovation ETF                                | CUSIP: 00214Q104<br>LEI: 254900636IK9WKHH6949 | Short            | EC               | RF                | US        |   -121366 | NS      | $-10799146.68 | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Dow Jones Industrial Average ETF Trust       | SPDR Dow Jones Industrial Average ETF Trust       | CUSIP: 78467X109<br>LEI: 54930039F2SG3UG2OZ18 | Short            | EC               | RF                | US        |    -47242 | NS      | $-22471602.14 | -0.49%            |  |  |  | No            |                  1 | On Loan: No      |
| IFF                                               | International Flavors & Fragrances Inc            | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Short            | EC               | CORP              | US        |    -93888 | NS      | $-5912127.36  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust                            | SPDR S&P 500 ETF Trust                            | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Short            | EC               | RF                | US        |    -39157 | NS      | $-26707423.42 | -0.58%            |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                       | Netflix Inc                                       | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     71675 | NS      | $80194290.50  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                              | Taiwan Semiconductor Manufacturing Co Ltd         | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    416743 | NS      | $125202099.49 | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology Inc                              | Align Technology Inc                              | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Short            | EC               | CORP              | US        |     -4951 | NS      | $-682643.88   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp                             | ON Semiconductor Corp                             | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Short            | EC               | CORP              | US        |    -65883 | NS      | $-3299420.64  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Databricks, Inc. Series J                         | Databricks, Inc. Series J                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    325466 | NS      | $48819900.00  | 1.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Insight Enterprises Inc                           | Insight Enterprises Inc                           | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Short            | EC               | CORP              | US        |    -15673 | NS      | $-1567300.00  | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                                       | Infosys Ltd                                       | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Short            | EC               | CORP              | IN        |   -238259 | NS      | $-3947951.63  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Capgemini SE                                      | Capgemini SE                                      | CUSIP: 000000000<br>LEI: 96950077L0TN7BAROX36 | Short            | EC               | CORP              | FR        |    -26452 | NS      | $-4069519.71  | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| Western Digital Corp                              | Western Digital Corp                              | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |    362882 | NS      | $54508505.22  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Co/The                                       | Toro Co/The                                       | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Short            | EC               | CORP              | US        |    -72523 | NS      | $-5419643.79  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| PagerDuty Inc                                     | PagerDuty Inc                                     | CUSIP: 69553P100<br>LEI: 549300U1SB749EDAGH21 | Short            | EC               | CORP              | US        |   -137143 | NS      | $-2202516.58  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                                 | MP Materials Corp                                 | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |    120333 | NS      | $7591808.97   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp                                     | Carnival Corp                                     | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Short            | EC               | CORP              | US        |   -111852 | NS      | $-3224693.16  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                                    | Cava Group Inc                                    | CUSIP: 148929102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -70210 | NS      | $-3772383.30  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                                           | Sea Ltd                                           | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |    408155 | NS      | $63774218.75  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                                       | Shopify Inc                                       | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |    149929 | NS      | $26066655.94  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                        | Cadence Design Systems Inc                        | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     27009 | NS      | $9147678.21   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| uniQure NV                                        | uniQure NV                                        | CUSIP: 000000000<br>LEI: 724500RPCTZLFYJZ3S98 | Long             | EC               | CORP              | NL        |    326886 | NS      | $22126913.34  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                          | Visa Inc                                          | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     63913 | NS      | $21777715.62  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                                        | Carvana Co                                        | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |     49994 | NS      | $15325160.76  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands                    | NU Holdings Ltd/Cayman Islands                    | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | BR        |     34891 | NS      | $562094.01    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                    | Amazon.com Inc                                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1500874 | NS      | $366543448.28 | 8.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                            | UnitedHealth Group Inc                            | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     55455 | NS      | $18941209.80  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Braze Inc                                         | Braze Inc                                         | CUSIP: 10576N102<br>LEI: 9845007B9EDBFD37C277 | Short            | EC               | CORP              | US        |   -106387 | NS      | $-3049051.42  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                                         | Chewy Inc                                         | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Short            | EC               | CORP              | US        |   -188530 | NS      | $-6357231.60  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                               | Cardinal Health Inc                               | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |    112581 | NS      | $21477077.37  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp                                    | Blue Bird Corp                                    | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Short            | EC               | CORP              | US        |    -42036 | NS      | $-2100118.56  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp                         | Constellation Energy Corp                         | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |    168228 | NS      | $63421956.00  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd                                       | Genpact Ltd                                       | CUSIP: 000000000<br>LEI: 529900OSEC6Q0L4L5B35 | Short            | EC               | CORP              | US        |   -138098 | NS      | $-5268438.70  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corp                                 | Bloom Energy Corp                                 | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |     52876 | NS      | $6988092.16   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluence Energy Inc                                | Fluence Energy Inc                                | CUSIP: 34379V103<br>LEI: 25490043LHZ97BT5PP29 | Short            | EC               | CORP              | US        |   -166009 | NS      | $-3486189.00  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Nebius Group NV                                   | Nebius Group NV                                   | CUSIP: 000000000<br>LEI: 549300GGZHJ5Q1B18P93 | Long             | EC               | CORP              | NL        |   1567296 | NS      | $205033662.72 | 4.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                                     | Repligen Corp                                     | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |    115730 | NS      | $17250713.80  | 0.38%             |  |  |  | No            |                  1 | 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        |       294 | NS      | $3078190.53   | 0.07%             |  |  |  | Yes           |                  2 | On Loan: No      |
| QXO Inc                                           | QXO Inc                                           | CUSIP: 82846H405<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2662451 | NS      | $47045509.17  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                                        | NetApp Inc                                        | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Short            | EC               | CORP              | US        |    -33333 | NS      | $-3925960.74  | -0.09%            |  |  |  | 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        |   1146050 | NS      | $19723520.50  | 0.43%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Abivax SA                                         | Abivax SA                                         | CUSIP: 00370M103<br>LEI: 969500D8TMNB184OJU95 | Long             | EC               | CORP              | FR        |    258451 | NS      | $26470551.42  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                               | Dollar General Corp                               | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Short            | EC               | CORP              | US        |    -62404 | NS      | $-6156778.64  | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Sphere Entertainment Co                           | Sphere Entertainment Co                           | CUSIP: 55826T102<br>LEI: 254900ZW4JWKYRZZ9A91 | Long             | EC               | CORP              | US        |    202100 | NS      | $13839808.00  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                       | NVIDIA Corp                                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   3471569 | NS      | $702958006.81 | 15.37%            |  |  |  | No            |                  1 | 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        |       183 | NS      | $1933104.47   | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| MercadoLibre Inc                                  | MercadoLibre Inc                                  | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |     13353 | NS      | $31075902.78  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                                    | Cloudflare Inc                                    | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |    163195 | NS      | $41337293.50  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                | Meta Platforms Inc                                | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    435851 | NS      | $282583995.85 | 6.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                        | Biogen Inc                                        | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |    100348 | NS      | $15480685.96  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                         | Apple Inc                                         | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    963992 | NS      | $260634517.04 | 5.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Cos Inc                                    | Rocket Cos Inc                                    | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1606310 | NS      | $26761124.60  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc                     | Martin Marietta Materials Inc                     | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |     49185 | NS      | $30155323.50  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies Inc                           | Akamai Technologies Inc                           | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Short            | EC               | CORP              | US        |   -161000 | NS      | $-12091100.00 | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI India ETF                            | iShares MSCI India ETF                            | CUSIP: 46429B598<br>LEI: 549300282VMCFH7S5848 | Short            | EC               | RF                | US        |   -216191 | NS      | $-11667828.27 | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Figma Inc                                         | Figma Inc                                         | CUSIP: 316841105<br>LEI: 254900273Q0J4Z65HU28 | Short            | EC               | CORP              | US        |    -63096 | NS      | $-3144704.64  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                                        | JD.com Inc                                        | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |    436366 | NS      | $14417532.64  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                    | S&P Global Inc                                    | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     56334 | NS      | $27446488.14  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                            | SAP SE                                            | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Short            | EC               | CORP              | DE        |    -17802 | NS      | $-4628698.02  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                       | Oracle Corp                                       | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     93541 | NS      | $24564802.01  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Rubrik Inc                                        | Rubrik Inc                                        | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |    254025 | NS      | $19120461.75  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Select Sector SPDR Fund                    | Energy Select Sector SPDR Fund                    | CUSIP: 81369Y506<br>LEI: 54930064FLK0RD4TRU75 | Short            | EC               | RF                | US        |   -128842 | NS      | $-11354845.46 | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Roundhill Magnificent Seven ETF                   | Roundhill Magnificent Seven ETF                   | CUSIP: 53656G498<br>LEI: 549300XYABGAKA0WAI17 | Short            | EC               | RF                | US        |   -239280 | NS      | $-16261468.80 | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc                                       | Gartner Inc                                       | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Short            | EC               | CORP              | US        |    -17000 | NS      | $-4221780.00  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc                           | Zoom Communications Inc                           | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Short            | EC               | CORP              | US        |    -98404 | NS      | $-8583780.92  | -0.19%            |  |  |  | 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        |   -155534 | NS      | $-3991002.44  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Oscar Health Inc                                  | Oscar Health Inc                                  | CUSIP: 687793109<br>LEI: 254900AE8KDLFDOPKZ19 | Long             | EC               | CORP              | US        |   1197329 | NS      | $21551922.00  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                                       | Cameco Corp                                       | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |    445421 | NS      | $45526480.41  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                      | Alphabet Inc                                      | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    504104 | NS      | $142066589.28 | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Wix.com Ltd                                       | Wix.com Ltd                                       | CUSIP: 000000000<br>LEI: 5493008P6N29Q1AG9464 | Short            | EC               | CORP              | IL        |    -28744 | NS      | $-4183401.76  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                       | Walmart Inc                                       | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    131557 | NS      | $13310937.26  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                              | Bank of America Corp                              | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Short            | EC               | CORP              | US        |   -242511 | NS      | $-12962212.95 | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                                        | Intel Corp                                        | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Short            | EC               | CORP              | US        |   -114944 | NS      | $-4596610.56  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| RingCentral Inc                                   | RingCentral Inc                                   | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Short            | EC               | CORP              | US        |   -145000 | NS      | $-4367400.00  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                                   | First Solar Inc                                   | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |     83123 | NS      | $22188853.62  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                             | Dell Technologies Inc                             | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     71063 | NS      | $11512916.63  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                       | Paychex Inc                                       | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Short            | EC               | CORP              | US        |    -55000 | NS      | $-6436650.00  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                         | Palantir Technologies Inc                         | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     73258 | NS      | $14686031.26  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Duolingo Inc                                      | Duolingo Inc                                      | CUSIP: 26603R106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -7489 | NS      | $-2026822.96  | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc                                       | MongoDB Inc                                       | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |    138609 | NS      | $49874290.38  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                     | Accenture PLC                                     | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Short            | EC               | CORP              | IE        |    -26932 | NS      | $-6735693.20  | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                                    | Atlassian Corp                                    | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |     66000 | NS      | $11181720.00  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                                         | Baidu Inc                                         | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | CN        |    149395 | NS      | $18057373.65  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                                        | Natera Inc                                        | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    304760 | NS      | $60625906.80  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                             | Spotify Technology SA                             | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | SE        |     89054 | NS      | $58358867.28  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Roku Inc                                          | Roku Inc                                          | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |    115608 | NS      | $12269477.04  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                                     | AppLovin Corp                                     | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |    312205 | NS      | $198977612.65 | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technolog                    | Check Point Software Technologies Ltd             | CUSIP: 000000000<br>LEI: 2549003ZVBH73EPNS513 | Short            | EC               | CORP              | IL        |    -43000 | NS      | $-8414240.00  | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp                                         | Ball Corp                                         | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Short            | EC               | CORP              | US        |    -76372 | NS      | $-3589484.00  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                                | Vertiv Holdings Co                                | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    204422 | NS      | $39424826.92  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                    | Salesforce Inc                                    | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Short            | EC               | CORP              | US        |    -42295 | NS      | $-11014040.95 | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Samsara Inc                                       | Samsara Inc                                       | CUSIP: 79589L106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -172977 | NS      | $-6948486.09  | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Teradata Corp                                     | Teradata Corp                                     | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Short            | EC               | CORP              | US        |   -426625 | NS      | $-8895131.25  | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                                    | Blackstone Inc                                    | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     57000 | NS      | $8358480.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                         | Tesla Inc                                         | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    366271 | NS      | $167224687.76 | 3.66%             |  |  |  | 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