AllianceBernstein Portfolio holdings
AllianceBernstein (AB), formed in 2000 through the merger of Alliance Capital and Bernstein, is a global asset management firm headquartered in Nashville, Tennessee, managing over $759 billion in assets as of late 2024 for institutional investors, financial advisors, and individuals. Known for its research-driven approach, AB offers a diverse range of investment strategies, including equities, fixed income, alternatives, and multi-asset solutions, with a strong emphasis on active management and ESG (environmental, social, governance) integration. The firm, which relocated its headquarters from New York City to Nashville in 2021, operates globally with significant operations in New York, London, and Asia, leveraging its Bernstein Research arm for deep market insights. With a workforce of over 4,700 and a partnership structure led by CEO Seth Bernstein, AB combines a legacy of rigorous analysis with a modern focus on sustainable investing and client outcomes.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nike
NKE
|
+$392M |
| 2 |
Qualcomm
QCOM
|
+$262M |
| 3 |
Microsoft
MSFT
|
+$260M |
| 4 |
Illumina
ILMN
|
+$259M |
| 5 |
International Flavors & Fragrances
IFF
|
+$248M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$341M |
| 2 |
Biogen
BIIB
|
+$295M |
| 3 |
Apple
AAPL
|
+$289M |
| 4 |
Booking.com
BKNG
|
+$207M |
| 5 |
CELG
Celgene Corp
CELG
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.43% |
| 2 | Healthcare | 15.41% |
| 3 | Financials | 15.33% |
| 4 | Consumer Discretionary | 11.26% |
| 5 | Industrials | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Euronet Worldwide
EEFT
$3.02B
| $133M | 0.08% |
841,960
+710,010
| +538% | +$107M |
|
252
Paycom
PAYC
$6.78B
| $132M | 0.08% |
499,626
+24,654
| +5% | +$5.83M |
|
253
American Express
AXP
$223B
| $132M | 0.08% |
1,060,204
-83,985
| -7% | -$10M |
|
254
Cognex
CGNX
$10.3B
| $132M | 0.07% |
2,351,960
-5,866
| -0.2% | -$303K |
|
255
US Bancorp
USB
$99.6B
| $132M | 0.07% |
2,221,083
-1,601,904
| -42% | -$92.6M |
|
|
VRNT
256
DELISTED
Verint Systems
VRNT
| $130M | 0.07% |
4,594,869
+711,176
| +18% | +$17.3M |
|
257
Royal Bank of Canada
RY
$291B
| $129M | 0.07% |
1,630,932
-46,377
| -3% | -$3.74M |
|
|
MGP
258
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $128M | 0.07% |
4,139,533
-39,371
| -0.9% | -$1.21M |
|
|
259
Biogen
BIIB
$29.9B
| $128M | 0.07% |
430,454
-1,064,632
| -71% | -$295M |
|
|
FISV
260
Fiserv Inc
FISV
$27.2B
| $128M | 0.07% |
1,104,376
+38,336
| +4% | +$4.23M |
|
261
Taylor Morrison
TMHC
| $127M | 0.07% |
5,832,514
-319,474
| -5% | -$7.68M |
|
262
Dana Inc
DAN
$2.91B
| $127M | 0.07% |
6,997,951
+1,070,436
| +18% | +$17.9M |
|
263
Alliant Energy
LNT
$19.4B
| $127M | 0.07% |
2,327,133
-24,423
| -1% | -$1.3M |
|
264
Guardant Health
GH
$19.5B
| $127M | 0.07% |
1,624,609
+330,861
| +26% | +$23.8M |
|
|
NVO
265
Novo Nordisk
NVO
$216B
| $126M | 0.07% |
4,354,438
-165,328
| -4% | -$4.58M |
|
|
SF
266
Stifel
SF
$12.3B
| $126M | 0.07% |
4,666,205
+20,790
| +0.4% | +$543K |
|
267
Molina Healthcare
MOH
$10.3B
| $126M | 0.07% |
925,828
-17,070
| -2% | -$2.15M |
|
268
EnerSys
ENS
$6.95B
| $125M | 0.07% |
1,665,399
-6,560
| -0.4% | -$454K |
|
269
Caterpillar
CAT
$409B
| $125M | 0.07% |
843,324
-221,761
| -21% | -$30.9M |
|
270
Intuit
INTU
$81.1B
| $124M | 0.07% |
471,501
-24,696
| -5% | -$6.46M |
|
271
Warner Bros
WBD
$64.6B
| $123M | 0.07% |
3,765,067
-3,514,666
| -48% | -$106M |
|
272
Deckers Outdoor
DECK
$13.3B
| $123M | 0.07% |
4,368,486
+2,514,870
| +136% | +$66.7M |
|
273
Armstrong World Industries
AWI
$6.86B
| $123M | 0.07% |
1,306,729
-227,586
| -15% | -$21.7M |
|
274
KLA
KLAC
$275B
| $123M | 0.07% |
6,885,280
-721,270
| -9% | -$12.1M |
|
275
Duke Energy
DUK
$102B
| $123M | 0.07% |
1,343,661
+240,949
| +22% | +$22.1M |
|
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AllianceBernstein's Q4 2019 Portfolio in Review
As of Q4 2019, AllianceBernstein held 3,209 positions worth $176B, up 9.6% from $161B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Trading was light in Q4 2019: portfolio turnover was 4.6%. AllianceBernstein opened 57 new positions and exited 91, leaving the 3,209-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Healthcare and Financials.
- AllianceBernstein's largest Q4 2019 buy was Tradeweb Markets: 1,191,306 shares worth $55.2M.
- AllianceBernstein added most to Nike in Q4 2019, an estimated $392M increase.
- AllianceBernstein's biggest Q4 2019 reduction was JPMorgan Chase, cutting an estimated $341M.
- AllianceBernstein fully exited Celgene Corp in Q4 2019, selling an estimated $194M.
- AllianceBernstein's ten largest holdings make up 19% of its $176B portfolio in Q4 2019.
- AllianceBernstein opened 57 new positions and closed 91 in Q4 2019.
- AllianceBernstein's portfolio value rose 9.6% quarter-over-quarter to $176B.
Based on AllianceBernstein's 13F filing for Q4 2019, filed 18 Feb 2020.