Alger AI Enablers & Adopters

ALAI • ARCA

Alger AI Enablers & Adopters is an exchange-traded fund on ARCA. As of Q3 2025, 46 institutional investors hold shares in this ETF, with total holdings valued at $142.7M. Arkadios Wealth Advisors is the largest holder with a position valued at $26.9M.

Overview

Overview of institutional ownership in ALAI as of Q3 2025

All Institutions

Institutions: 46
Value Held: $142.7M
Shares Held: 3.8M
Avg Position: $3.1M
Median Position: $952.7K

Hedge Funds

Hedge Funds: 0
Value Held: -
Shares Held: -
Avg Position: -
Median Position: -

Biggest Investors

Institutions with the largest positions in ALAI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Arkadios Wealth Advisors RIA/Wealth	David Yancey Millican CEO	$26.9M 0.66% of portfolio	716.9K shares	Q2 2025 Held for 5 months	$4.1B
L LPL Financial LLC Institution	-	$24.0M 0.01% of portfolio	640.6K shares	Q2 2025 Held for 5 months	$340.07B
G Goldstein Advisors, LLC RIA/Wealth	Jon David Goldstein Partner	$22.3M 2.71% of portfolio	594.5K shares	Q3 2025 Held for 2 months	$822.7M
M MIRAE ASSET SECURITIES INC. Institution	-	$8.4M 0.37% of portfolio	225.0K shares	Q3 2025 Held for 2 months	$2.3B
GREAT VALLEY ADVISOR GROUP, INC. RIA/Wealth	James J Spinelli CEO	$7.1M 0.14% of portfolio	188.2K shares	Q2 2025 Held for 5 months	$5.0B
C CLS Investments, LLC Institution	-	$6.9M 0.06% of portfolio	184.6K shares	Q2 2025 Held for 5 months	$12.5B
Goss Wealth Management LLC RIA/Wealth	Alexander Thomas Goss CEO	$5.7M 0.03% of portfolio	152.2K shares	Q2 2025 Held for 5 months	$21.8B
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	Wayne Michael Bloom CEO	$5.5M 0.01% of portfolio	146.1K shares	Q3 2024 Held for 1y 2m	$71.1B
R ROYAL BANK OF CANADA Institution	-	$4.7M 0.00% of portfolio	125.3K shares	Q3 2025 Held for 2 months	$542.04B
O Onyx Bridge Wealth Group LLC RIA/Wealth	Jared Michael Cohen Managing Partner	$3.2M 0.35% of portfolio	86.4K shares	Q4 2024 Held for 11 months	$915.8M

Net Capital Flow

Institutional buying and selling activity for ALAI in Q3 2025

Traded: +$96.4M
Buyers: 41
Sellers: 2
Total Bought: +$96.6M
Total Sold: −$133.0K
Avg Position: $3.1M

Biggest Buyers

Institution	Net Bought	Current Position
G Goldstein Advisors, LLC RIA/Wealth	+$22.3M +594.5K shares	$22.3M 594.5K shares
L LPL Financial LLC Institution	+$22.1M +589.0K shares	$24.0M 640.6K shares
M MIRAE ASSET SECURITIES INC. Institution	+$8.4M +225.0K shares	$8.4M 225.0K shares
Arkadios Wealth Advisors RIA/Wealth	+$6.4M +171.7K shares	$26.9M 716.9K shares
C CLS Investments, LLC Institution	+$4.9M +131.8K shares	$6.9M 184.6K shares
R ROYAL BANK OF CANADA Institution	+$4.7M +125.3K shares	$4.7M 125.3K shares
Goss Wealth Management LLC RIA/Wealth	+$3.9M +104.2K shares	$5.7M 152.2K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	+$2.9M +77.6K shares	$5.5M 146.1K shares
SFG Wealth Management, LLC. RIA/Wealth	+$2.5M +66.3K shares	$2.5M 66.3K shares
S STIFEL FINANCIAL CORP Long Only Manager	+$2.4M +63.0K shares	$2.4M 63.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
GREAT VALLEY ADVISOR GROUP, INC. RIA/Wealth	−$71.9K −1.9K shares	$7.1M 188.2K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$61.1K −1.6K shares	$468.1K 12.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ALAI in Q3 2025

New Positions: 27
New Value: $53.3M
Exited Positions: 0
Exited Value: -

New Positions

Institution	Position Value
G Goldstein Advisors, LLC RIA/Wealth	$22.3M 594.5K shares
M MIRAE ASSET SECURITIES INC. Institution	$8.4M 225.0K shares
R ROYAL BANK OF CANADA Institution	$4.7M 125.3K shares
SFG Wealth Management, LLC. RIA/Wealth	$2.5M 66.3K shares
S STIFEL FINANCIAL CORP Long Only Manager	$2.4M 63.0K shares
Stratos Wealth Partners, LTD. RIA/Wealth	$1.9M 49.9K shares
AXXCESS WEALTH MANAGEMENT, LLC RIA/Wealth	$1.1M 30.3K shares
Colonial River Wealth Management, LLC RIA/Wealth	$1.1M 30.3K shares
Equitable Holdings, Inc. Institution	$1.1M 30.1K shares
Members Advisory Group LLC RIA/Wealth	$1.1M 28.2K shares

Exited Positions

Institution	Previous Position
No exited positions found

Options Activity

Institutions with the largest Call and Put options positions in ALAI as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with ALAI as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
G Goldstein Advisors, LLC RIA/Wealth	Jon David Goldstein Partner	2.71% $22.3M	594.5K shares	Q3 2025 Held for 2 months	$822.7M
SFG Wealth Management, LLC. RIA/Wealth	Lawrence Nelson Leitch CEO	1.08% $2.5M	66.3K shares	Q3 2025 Held for 2 months	$230.1M
W Whipplewood Advisors, LLC RIA/Wealth	Joseph Ernest Hubbard Member	1.01% $1.5M	41.0K shares	Q4 2024 Held for 11 months	$152.0M
Arkadios Wealth Advisors RIA/Wealth	David Yancey Millican CEO	0.66% $26.9M	716.9K shares	Q2 2025 Held for 5 months	$4.1B
Colonial River Wealth Management, LLC RIA/Wealth	Devin J Garofalo President	0.42% $1.1M	30.3K shares	Q3 2025 Held for 2 months	$271.4M
Members Advisory Group LLC RIA/Wealth	Scott Michael Cashmore Managing Partner	0.38% $1.1M	28.2K shares	Q3 2025 Held for 2 months	$281.6M
M MIRAE ASSET SECURITIES INC. Institution	-	0.37% $8.4M	225.0K shares	Q3 2025 Held for 2 months	$2.3B
B Berbice Capital Management LLC Institution	-	0.37% $596.3K	15.9K shares	Q3 2025 Held for 2 months	$160.2M
O Onyx Bridge Wealth Group LLC RIA/Wealth	Jared Michael Cohen Managing Partner	0.35% $3.2M	86.4K shares	Q4 2024 Held for 11 months	$915.8M
PCG Wealth Advisors, LLC RIA/Wealth	Craig Joseph Kurth CEO	0.26% $867.2K	23.1K shares	Q3 2025 Held for 2 months	$340.0M