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 |
Alphabet (Google) Class A
GOOGL
|
+$637M |
| 2 |
Pfizer
PFE
|
+$445M |
| 3 |
US Bancorp
USB
|
+$420M |
| 4 |
Synchrony
SYF
|
+$382M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$315M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$569M |
| 2 |
Wells Fargo
WFC
|
+$513M |
| 3 |
AGN
Allergan plc
AGN
|
+$370M |
| 4 |
TWX
Time Warner Inc
TWX
|
+$318M |
| 5 |
HP
HPQ
|
+$318M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.75% |
| 2 | Financials | 15.71% |
| 3 | Technology | 14.9% |
| 4 | Consumer Discretionary | 11.25% |
| 5 | Industrials | 9.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
GE Aerospace
GE
$354B
| $748M | 0.64% |
5,010,853
+735,738
| +17% | +$104M |
|
27
Altria Group
MO
$121B
| $714M | 0.61% |
12,270,890
+1,990,222
| +19% | +$115M |
|
28
Automatic Data Processing
ADP
$97.2B
| $705M | 0.6% |
8,318,550
+48,321
| +0.6% | +$4.16M |
|
29
JPMorgan Chase
JPM
$926B
| $701M | 0.6% |
10,609,089
-2,211,988
| -17% | -$144M |
|
30
Cisco
CSCO
$442B
| $697M | 0.59% |
25,676,004
+4,336,498
| +20% | +$120M |
|
31
Travel + Leisure Co
TNL
$4.63B
| $695M | 0.59% |
21,197,712
+5,189,677
| +32% | +$179M |
|
|
32
Alphabet (Google) Class A
GOOGL
$4.17T
| $669M | 0.57% |
+17,199,520
| New | +$637M |
|
33
Starbucks
SBUX
$119B
| $657M | 0.56% |
10,951,212
-908,238
| -8% | -$55.3M |
|
34
Berkshire Hathaway Class B
BRK.B
$1.06T
| $641M | 0.55% |
4,857,969
-365,671
| -7% | -$49.1M |
|
35
Intuitive Surgical
ISRG
$122B
| $621M | 0.53% |
10,230,480
+1,360,350
| +15% | +$76.4M |
|
36
PepsiCo
PEP
$185B
| $617M | 0.53% |
6,179,585
-46,062
| -0.7% | -$4.6M |
|
37
Danaher
DHR
$126B
| $608M | 0.52% |
9,744,825
-315,882
| -3% | -$19.8M |
|
38
McDonald's
MCD
$187B
| $577M | 0.49% |
4,885,264
-475,772
| -9% | -$53.2M |
|
|
AET
39
DELISTED
Aetna Inc
AET
| $553M | 0.47% |
5,112,619
+282,260
| +6% | +$30.5M |
|
40
Delta Air Lines
DAL
$54.9B
| $535M | 0.46% |
10,555,947
-680,991
| -6% | -$33.7M |
|
41
LyondellBasell Industries
LYB
$20.1B
| $534M | 0.45% |
6,145,695
+1,023,990
| +20% | +$94.2M |
|
42
Oracle
ORCL
$362B
| $534M | 0.45% |
14,617,803
+506,796
| +4% | +$19.4M |
|
43
Procter & Gamble
PG
$347B
| $533M | 0.45% |
6,715,148
-53,868
| -0.8% | -$4.12M |
|
44
Amphenol
APH
$194B
| $523M | 0.45% |
40,060,748
+447,716
| +1% | +$5.98M |
|
45
Applied Materials
AMAT
$440B
| $521M | 0.44% |
27,909,734
+8,978,958
| +47% | +$156M |
|
46
Capital One
COF
$124B
| $518M | 0.44% |
7,181,037
-44,300
| -0.6% | -$3.39M |
|
47
Northrop Grumman
NOC
$74.6B
| $518M | 0.44% |
2,742,218
-1,214,803
| -31% | -$223M |
|
48
Amazon
AMZN
$2.63T
| $516M | 0.44% |
15,270,840
-1,279,920
| -8% | -$40.3M |
|
49
Costco
COST
$411B
| $507M | 0.43% |
3,136,810
-149,398
| -5% | -$23.6M |
|
50
Philip Morris
PM
$303B
| $472M | 0.4% |
5,367,030
-353,589
| -6% | -$30.7M |
|
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AllianceBernstein's Q4 2015 Portfolio in Review
As of Q4 2015, AllianceBernstein held 3,018 positions worth $118B, up 0.86% from $117B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
AllianceBernstein withdrew a net $5.06B in Q4 2015, closing 101 positions and reducing 1,719 holdings. Its most notable exit was HOMEAWAY INC COM, an estimated $75.8M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
Against the trend, AllianceBernstein opened a new position in Alphabet (Google) Class A worth $669M.
- AllianceBernstein's largest Q4 2015 buy was Alphabet (Google) Class A: 17,199,520 shares worth $669M.
- AllianceBernstein added most to Pfizer in Q4 2015, an estimated $445M increase.
- AllianceBernstein's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $569M.
- AllianceBernstein fully exited HOMEAWAY INC COM in Q4 2015, selling an estimated $75.8M.
- AllianceBernstein's ten largest holdings make up 15% of its $118B portfolio in Q4 2015.
- AllianceBernstein opened 79 new positions and closed 101 in Q4 2015.
- AllianceBernstein's portfolio value rose 0.86% quarter-over-quarter to $118B.
Based on AllianceBernstein's 13F filing for Q4 2015, filed 12 Feb 2016.