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 |
Microsoft
MSFT
|
+$667M |
| 2 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$433M |
| 3 |
Vertex Pharmaceuticals
VRTX
|
+$415M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$339M |
| 5 |
Regency Centers
REG
|
+$231M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AET
Aetna Inc
AET
|
+$467M |
| 2 |
Crown Castle
CCI
|
+$343M |
| 3 |
Citigroup
C
|
+$238M |
| 4 |
Starbucks
SBUX
|
+$231M |
| 5 |
Gartner
IT
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.11% |
| 2 | Healthcare | 15.25% |
| 3 | Financials | 15.1% |
| 4 | Consumer Discretionary | 11.4% |
| 5 | Industrials | 9.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Chevron
CVX
$383B
| $854M | 0.63% |
7,851,089
+456,542
| +6% | +$52.9M |
|
27
Biogen
BIIB
$30.7B
| $852M | 0.63% |
2,831,228
-289,916
| -9% | -$92.5M |
|
28
Oracle
ORCL
$367B
| $837M | 0.62% |
18,543,811
-852,063
| -4% | -$40.8M |
|
29
Monster Beverage
MNST
$95.5B
| $813M | 0.6% |
33,039,726
+8,321,246
| +34% | +$226M |
|
30
PayPal
PYPL
$49.3B
| $807M | 0.6% |
9,600,029
+630,671
| +7% | +$52.5M |
|
31
Mastercard
MA
$510B
| $786M | 0.58% |
4,165,333
+207,364
| +5% | +$41.2M |
|
32
Walt Disney
DIS
$167B
| $784M | 0.58% |
7,147,939
+232,651
| +3% | +$26.5M |
|
33
Intuitive Surgical
ISRG
$126B
| $781M | 0.58% |
4,892,760
+1,032,516
| +27% | +$175M |
|
34
Automatic Data Processing
ADP
$105B
| $776M | 0.58% |
5,922,025
+474,937
| +9% | +$67M |
|
35
Ulta Beauty
ULTA
$22.2B
| $775M | 0.58% |
3,165,150
+478,253
| +18% | +$132M |
|
36
Elevance Health
ELV
$81.6B
| $753M | 0.56% |
2,868,509
-90,084
| -3% | -$24.8M |
|
37
Edwards Lifesciences
EW
$50B
| $744M | 0.55% |
14,574,408
+434,421
| +3% | +$22M |
|
|
XLNX
38
DELISTED
Xilinx Inc
XLNX
| $723M | 0.54% |
8,484,134
-432,482
| -5% | -$36.1M |
|
39
Boeing
BA
$175B
| $705M | 0.52% |
2,186,598
+221,924
| +11% | +$76.7M |
|
40
Honeywell
HON
$76.7B
| $705M | 0.52% |
5,657,622
-465,853
| -8% | -$63.6M |
|
41
Intel
INTC
$460B
| $704M | 0.52% |
15,006,781
-338,600
| -2% | -$15.9M |
|
42
Gilead Sciences
GILD
$163B
| $703M | 0.52% |
11,241,532
+650,280
| +6% | +$45.5M |
|
|
43
Starbucks
SBUX
$121B
| $692M | 0.51% |
10,740,034
-3,686,932
| -26% | -$231M |
|
44
State Street SPDR S&P 500 ETF Trust
SPY
$784B
| $689M | 0.51% |
2,757,334
+36,305
| +1% | +$9.79M |
|
45
ExxonMobil
XOM
$651B
| $680M | 0.51% |
9,974,964
-1,191,727
| -11% | -$93.5M |
|
46
TJX Companies
TJX
$176B
| $679M | 0.5% |
15,167,637
-1,194,883
| -7% | -$60.4M |
|
47
Progressive
PGR
$124B
| $674M | 0.5% |
11,173,862
-398,269
| -3% | -$26.5M |
|
48
Adobe
ADBE
$98.5B
| $627M | 0.47% |
2,769,304
+53,091
| +2% | +$12.8M |
|
49
PepsiCo
PEP
$191B
| $618M | 0.46% |
5,597,400
-90,936
| -2% | -$10.3M |
|
|
RTN
50
DELISTED
Raytheon Company
RTN
| $583M | 0.43% |
3,799,665
-254,349
| -6% | -$45.5M |
|
Similar funds
AllianceBernstein's Q4 2018 Portfolio in Review
As of Q4 2018, AllianceBernstein held 3,227 positions worth $135B, down 12% from $153B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
AllianceBernstein deployed $4.13B of net new capital in Q4 2018, opening 89 new positions and adding to 1,675 existing holdings. Its largest new stake was iShares 1-3 Year Treasury Bond ETF: 5,205,127 shares worth $435M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 16% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Crown Castle, an estimated $343M trimmed.
- AllianceBernstein's largest Q4 2018 buy was iShares 1-3 Year Treasury Bond ETF: 5,205,127 shares worth $435M.
- AllianceBernstein added most to Microsoft in Q4 2018, an estimated $667M increase.
- AllianceBernstein's biggest Q4 2018 reduction was Crown Castle, cutting an estimated $343M.
- AllianceBernstein fully exited Aetna Inc in Q4 2018, selling an estimated $467M.
- AllianceBernstein's ten largest holdings make up 17% of its $135B portfolio in Q4 2018.
- AllianceBernstein opened 89 new positions and closed 131 in Q4 2018.
- AllianceBernstein's portfolio value fell 12% quarter-over-quarter to $135B.
Based on AllianceBernstein's 13F filing for Q4 2018, filed 13 Feb 2019.