The index additions include Adobe Inc., Amdocs Limited, Figma, Inc., Gentex Corporation, Klaviyo, Inc., Merck & Co, Inc., Roblox Corp., Trimble Inc., Block Inc., Zillow Group Inc., and Zscaler Inc. These companies replace eleven others removed during the same cycle, a list that includes Qualcomm Inc., Zoom Communications Inc., and Okta Inc.
In section Releases
Alger Russell Innovation Index Adjusts Holdings for Third Quarter
Eleven companies are set to join the Alger Russell Innovation Index following the market close on June 26, 2026. The quarterly rebalancing by New York-based Fred Alger Management marks a shift in the composition of the benchmark, which tracks firms undergoing significant positive dynamic change.
Other deletions from the index are Corcept Therapeutics Inc., DoubleVerify Holdings, Inc., Zoominfo Technologies, Inc., Illumina Inc., NetApp Inc., Everpure Inc., and Teradata Corp. Fred Alger Management, a firm with over 60 years of experience in growth-style investing, oversees these adjustments to maintain the index’s focus on evolving market leaders. Investors should note that market participation carries inherent risks, including the potential loss of principal, particularly regarding growth stocks which often exhibit higher volatility.
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