How Companies Adapt in the Age of AI Adoption

Core Insights - The adoption of AI is a critical focus for both advisors and investors, with a keen interest in identifying leading companies in this space [1] - Dr. Ankur Crawford emphasizes that historical performance may not predict which companies will benefit most from AI, as technological shifts can create new industry leaders [2][3] Group 1: AI Adoption and Company Performance - The pace of AI adoption is more crucial than whether companies are adopting it, with some companies better positioned due to their technological infrastructure [3] - There are significant differences in AI adoption rates across various sectors, highlighting the need for active management to navigate these changes effectively [3] Group 2: Alger Concentrated Equity ETF (CNEQ) - The Alger Concentrated Equity ETF (CNEQ), managed by Dr. Crawford, aims for long-term capital appreciation through a concentrated equity portfolio based on fundamental research [4] - CNEQ has a notable tilt towards technology, with Information Technology and Communication Services making up approximately 52% and 15% of the portfolio, respectively, as of September 30, 2025 [5] - The fund has shown positive performance, with a year-to-date NAV increase of 37.61% as of November 10, 2025 [5]