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 | |
|---|---|---|---|---|---|---|
|
TXNM
326
TXNM Energy Inc
TXNM
$6.47B
| $101M | 0.06% |
1,988,389
-180,911
| -8% | -$9.08M |
|
|
CALY
327
Callaway Golf Company
CALY
$3.26B
| $101M | 0.06% |
4,743,607
+30,498
| +0.6% | +$625K |
|
328
Colgate-Palmolive
CL
$72.6B
| $101M | 0.06% |
1,460,553
+54,135
| +4% | +$3.69M |
|
|
CY
329
DELISTED
Cypress Semiconductor
CY
| $100M | 0.06% |
4,287,102
-56,343
| -1% | -$1.32M |
|
330
Lam Research
LRCX
$382B
| $99.7M | 0.06% |
3,408,330
-32,060
| -0.9% | -$851K |
|
331
Dominion Energy
D
$62.5B
| $99.7M | 0.06% |
1,203,308
-88,545
| -7% | -$7.23M |
|
332
FMC
FMC
$1.42B
| $99.2M | 0.06% |
993,619
-148,302
| -13% | -$13.8M |
|
333
Quanta Services
PWR
$93.9B
| $99.1M | 0.06% |
2,435,056
-40,336
| -2% | -$1.65M |
|
334
Carpenter Technology
CRS
$30B
| $99M | 0.06% |
1,988,652
+139,260
| +8% | +$7.15M |
|
335
Masco
MAS
$16B
| $98.4M | 0.06% |
2,049,552
+180,598
| +10% | +$8.21M |
|
336
Orion
OEC
$394M
| $98.1M | 0.06% |
5,081,844
+645,987
| +15% | +$11.7M |
|
337
Manhattan Associates
MANH
$8.97B
| $97.3M | 0.06% |
1,219,766
+1,081,682
| +783% | +$86M |
|
|
HA
338
DELISTED
Hawaiian Holdings, Inc.
HA
| $97.2M | 0.06% |
3,317,739
-79,449
| -2% | -$2.32M |
|
339
A.O. Smith
AOS
$8.38B
| $97M | 0.06% |
2,036,860
-1,273,676
| -38% | -$61.7M |
|
340
Dolby
DLB
$4.72B
| $96.6M | 0.05% |
1,403,504
-261,230
| -16% | -$17.3M |
|
341
Capri Holdings
CPRI
$1.77B
| $96.4M | 0.05% |
2,527,639
+369,107
| +17% | +$12.7M |
|
342
Advance Auto Parts
AAP
$3.37B
| $95.5M | 0.05% |
596,127
+202,568
| +51% | +$32.5M |
|
|
SEE
343
DELISTED
Sealed Air
SEE
| $95M | 0.05% |
2,385,625
+13,595
| +0.6% | +$538K |
|
344
Rockwell Automation
ROK
$51.4B
| $94.4M | 0.05% |
465,933
+41,817
| +10% | +$7.75M |
|
345
Healthpeak Properties
DOC
$15.4B
| $93.9M | 0.05% |
2,724,161
+103,418
| +4% | +$3.62M |
|
346
Crown Castle
CCI
$32.7B
| $93.4M | 0.05% |
657,111
-18,986
| -3% | -$2.59M |
|
|
MPT
347
Medical Properties Trust
MPT
$2.89B
| $92.7M | 0.05% |
4,393,361
+320,538
| +8% | +$6.49M |
|
|
LHCG
348
DELISTED
LHC Group LLC
LHCG
| $92.7M | 0.05% |
672,559
+40,752
| +6% | +$5.07M |
|
349
First American
FAF
$7.67B
| $92.1M | 0.05% |
1,578,483
-25,739
| -2% | -$1.57M |
|
350
SLB Ltd
SLB
$77.8B
| $91.5M | 0.05% |
2,277,031
-160,449
| -7% | -$5.73M |
|
Similar funds
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.