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 | |
|---|---|---|---|---|---|---|
501
NextCure
NXTC
$17.3M
| $59.9M | 0.03% |
88,607
+41,206
| +87% | +$20.7M |
|
502
Equity Residential
EQR
$25.4B
| $59.8M | 0.03% |
738,587
-4,021
| -0.5% | -$342K |
|
|
HES
503
DELISTED
Hess
HES
| $59.7M | 0.03% |
892,904
-109,664
| -11% | -$7.17M |
|
|
CIO
504
DELISTED
City Office REIT
CIO
| $59.6M | 0.03% |
4,411,487
+230,653
| +6% | +$3.08M |
|
|
SILK
505
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $59M | 0.03% |
1,459,921
+433,416
| +42% | +$15.2M |
|
|
NVTA
506
DELISTED
Invitae Corporation
NVTA
| $58.9M | 0.03% |
3,654,176
-975,696
| -21% | -$17.3M |
|
507
Sarepta Therapeutics
SRPT
$1.66B
| $58.8M | 0.03% |
455,636
-81,938
| -15% | -$8.27M |
|
508
Occidental Petroleum
OXY
$57B
| $58.3M | 0.03% |
1,415,758
-47,804
| -3% | -$1.92M |
|
509
Ford
F
$57.3B
| $58.3M | 0.03% |
6,270,125
-843,148
| -12% | -$7.58M |
|
510
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $57.7M | 0.03% |
153,706
+13,412
| +10% | +$4.85M |
|
511
Keysight
KEYS
$54.5B
| $57.6M | 0.03% |
560,885
-248,153
| -31% | -$25.4M |
|
512
iShares MSCI EAFE ETF
EFA
$76.4B
| $57.2M | 0.03% |
824,293
+135,526
| +20% | +$9.15M |
|
513
Gentex
GNTX
$4.88B
| $57M | 0.03% |
1,967,153
-16,647
| -0.8% | -$469K |
|
514
Expedia Group
EXPE
$31.2B
| $55.8M | 0.03% |
516,364
-300,609
| -37% | -$35.3M |
|
515
Infosys
INFY
$45B
| $55.8M | 0.03% |
5,405,954
-890,350
| -14% | -$8.96M |
|
516
Tradeweb Markets
TW
$21.3B
| $55.2M | 0.03% |
+1,191,306
| New | +$51.4M |
|
517
RBC Bearings
RBC
$18.8B
| $55.2M | 0.03% |
348,517
+23,767
| +7% | +$3.84M |
|
518
eBay
EBAY
$48.6B
| $54.9M | 0.03% |
1,519,848
-393,815
| -21% | -$14.3M |
|
519
Hilton Worldwide
HLT
$74B
| $54.9M | 0.03% |
494,600
-6,306
| -1% | -$633K |
|
520
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $54.6M | 0.03% |
169,500
-130,200
| -43% | -$40.1M |
|
521
Corpay
CPAY
$24.2B
| $54.1M | 0.03% |
188,045
+51,177
| +37% | +$15.1M |
|
522
Southwest Gas
SWX
$6.74B
| $54M | 0.03% |
710,822
-94,296
| -12% | -$7.67M |
|
|
HMHC
523
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $53.9M | 0.03% |
8,627,697
-87,182
| -1% | -$509K |
|
524
Cooper-Standard Automotive
CPS
$504M
| $53.6M | 0.03% |
1,615,547
-12,275
| -0.8% | -$398K |
|
|
PPL
525
PPL Corp
PPL
$27.3B
| $53.2M | 0.03% |
1,483,670
+35,921
| +2% | +$1.2M |
|
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.