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 | |
|---|---|---|---|---|---|---|
526
Lumentum
LITE
$59.4B
| $53.1M | 0.03% |
670,110
-73,486
| -10% | -$4.81M |
|
|
TPC
527
Tutor Perini Cor
TPC
$4.57B
| $53M | 0.03% |
4,120,158
-83,926
| -2% | -$1.29M |
|
528
Philips
PHG
$25.4B
| $52.9M | 0.03% |
1,363,653
+505,670
| +59% | +$18.3M |
|
529
Xcel Energy
XEL
$51B
| $52.5M | 0.03% |
827,224
+14,467
| +2% | +$905K |
|
530
RLJ Lodging Trust
RLJ
$1.87B
| $52.4M | 0.03% |
2,959,298
+5,578
| +0.2% | +$94.8K |
|
531
Iovance Biotherapeutics
IOVA
$2.23B
| $51.8M | 0.03% |
1,871,836
+80,699
| +5% | +$1.84M |
|
532
Consolidated Edison
ED
$41.6B
| $51.7M | 0.03% |
571,187
-7,816
| -1% | -$700K |
|
533
SBA Communications
SBAC
$18.4B
| $51.6M | 0.03% |
214,094
-292,223
| -58% | -$69.3M |
|
534
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.65B
| $51.6M | 0.03% |
701,950
+606,467
| +635% | +$42.4M |
|
535
Oneok
OKE
$58.7B
| $51.3M | 0.03% |
677,366
-23,430
| -3% | -$1.68M |
|
536
Vanguard Total International Bond ETF
BNDX
$82B
| $51.2M | 0.03% |
905,005
+636,902
| +238% | +$37M |
|
537
Crane NXT
CXT
$3.04B
| $51.2M | 0.03% |
1,706,012
-626,784
| -27% | -$17.8M |
|
538
Cummins
CMI
$91.7B
| $50.7M | 0.03% |
283,301
-8,620
| -3% | -$1.52M |
|
539
General Mills
GIS
$19.2B
| $50.6M | 0.03% |
943,912
-66,045
| -7% | -$3.48M |
|
|
ONC
540
BeOne Medicines Ltd
ONC
$33.8B
| $50.5M | 0.03% |
304,955
-110,134
| -27% | -$18.3M |
|
541
OneSpaWorld
OSW
$2.67B
| $50.3M | 0.03% |
2,988,726
+276,041
| +10% | +$4.35M |
|
|
ARNA
542
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $50M | 0.03% |
1,100,558
+49,680
| +5% | +$2.35M |
|
543
Murphy USA
MUSA
$11.3B
| $49.9M | 0.03% |
426,853
-108,879
| -20% | -$11.7M |
|
544
Trane Technologies
TT
$106B
| $49.6M | 0.03% |
373,489
-28,825
| -7% | -$3.65M |
|
|
FITB
545
Fifth Third Bancorp
FITB
$52B
| $49.6M | 0.03% |
1,613,991
-365,770
| -18% | -$10.7M |
|
|
HEES
546
DELISTED
H&E Equipment Services
HEES
| $49.6M | 0.03% |
1,483,801
+69,658
| +5% | +$2.26M |
|
547
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $49.5M | 0.03% |
432,061
+171
| +0% | +$19.3K |
|
548
Cactus
WHD
$3.83B
| $49.5M | 0.03% |
1,441,587
-134,650
| -9% | -$4.09M |
|
|
CZR
549
DELISTED
Caesars Entertainment Corporation
CZR
| $49.4M | 0.03% |
3,630,462
+765,494
| +27% | +$9.69M |
|
550
The RealReal
REAL
$1.34B
| $49.3M | 0.03% |
2,615,597
-55,445
| -2% | -$1.06M |
|
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.