#United States #New York #Alger Management #Russell Index #Innovation Update

Alger Russell Innovation Index Update for Second Quarter 2026

On June 22, 2026, Fred Alger Management, LLC, announced an important update to the Alger Russell Innovation Index. This quarterly rebalancing reflects the ongoing evolution within the innovative sectors of the economy, adjusting to include companies that demonstrate significant growth potential and impact.

Changes Coming to the Index

The rebalancing will take effect after the stock market closes on June 26, 2026. This quarter's adjustments represent a strategic move to enhance the index's alignment with dynamic market trends. Below are the notable additions and deletions to this influential index that tracks companies pushing boundaries in innovation.

Additions to the Index

The index will include several prominent companies that have shown promising growth and innovation:

• - Adobe Inc. (ADBE): Known for its creative software solutions, Adobe continues to transform digital experiences.
• - Doximity, Inc. (DOCS): This digital platform for healthcare professionals is revolutionizing the way medical practitioners connect.
• - Amdocs Limited (DOX): With its software and services for telecommunications, Amdocs plays a critical role in enhancing customer experience.
• - Gentex Corporation (GNTX): Esteemed for its automotive electronics, Gentex is innovating smart technologies for vehicles.
• - Meta Platforms Inc. (META): A leader in social media and virtual reality, Meta is at the forefront of technology development.
• - Merck & Co., Inc. (MRK): A long-established pharmaceutical giant, Merck continues to innovate in health solutions.
• - Roblox Corp. (RBLX): Known for its gaming platform, Roblox fosters creativity and user interaction, especially among younger audiences.
• - Trimble Inc. (TRMB): This technology company specializes in solutions that connect the physical and digital worlds across various industries.
• - Block Inc. (XYZ): As a pioneer in the blockchain space, Block continues to expand its services and innovations.
• - Zillow Group Inc. (Z): Renowned in the real estate sector, Zillow uses technology to empower customers in property transactions.
• - Zscaler Inc. (ZS): Specializing in cloud security, Zscaler enhances the safety of digital interactions.

Deletions from the Index

Conversely, the index will also see the removal of several companies that no longer fit the criteria or demonstrate the same levels of growth potential:

• - Corcept Therapeutics Inc. (CORT)
• - DoubleVerify Holdings, Inc. (DV)
• - Zoominfo Technologies, Inc. (GTM)
• - Illumina Inc. (ILMN)
• - NetApp Inc. (NTAP)
• - Okta Inc. (OKTA)
• - Everpure Inc. (P)
• - Qualcomm Inc. (QCOM)
• - Teradata Corp. (TDC)
• - Twilio Inc. (TWLO)
• - Zoom Communications Inc. (ZM)

The deletions reflect the index's commitment to maintaining a focus on businesses that are poised for significant transformative growth and innovation.

Conclusion

The adjustments to the Alger Russell Innovation Index serve to underline the firm’s ongoing strategy to identify and support firms that are not only surviving but thriving in today’s challenging economy. These changes are a testament to Alger’s successful investment philosophy, which has remained robust for over six decades. By actively adapting to market changes and identifying companies with Positive Dynamic Change, the firm continues its mission of unlocking growth potential for investors.

For further details about the index and investment options, visit Alger's official website.

Invest wisely, keeping in mind the inherent risks associated with stock investments, including potential principal loss.