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 | |
|---|---|---|---|---|---|---|
|
QEP
576
DELISTED
QEP RESOURCES, INC.
QEP
| $45.4M | 0.03% |
10,082,978
-700,158
| -6% | -$2.44M |
|
|
AIMC
577
DELISTED
Altra Industrial Motion Corp
AIMC
| $45.4M | 0.03% |
1,252,553
-142,760
| -10% | -$4.54M |
|
|
PXD
578
DELISTED
Pioneer Natural Resource Co.
PXD
| $45.2M | 0.03% |
298,387
-98,075
| -25% | -$13.1M |
|
579
Emcor
EME
$33.1B
| $45M | 0.03% |
521,820
+14,627
| +3% | +$1.29M |
|
580
Fortive
FTV
$19B
| $44.9M | 0.03% |
932,481
+169,462
| +22% | +$7.65M |
|
581
McKesson
MCK
$98.5B
| $44.5M | 0.03% |
322,007
-13,250
| -4% | -$1.87M |
|
582
TransDigm Group
TDG
$69.2B
| $43.7M | 0.02% |
78,036
-94
| -0.1% | -$51.4K |
|
583
Ventas
VTR
$48.9B
| $43.2M | 0.02% |
748,511
-9,131
| -1% | -$573K |
|
584
Xerox
XRX
$337M
| $42.9M | 0.02% |
1,162,821
-528,575
| -31% | -$18.5M |
|
|
CXO
585
DELISTED
CONCHO RESOURCES INC.
CXO
| $42.8M | 0.02% |
488,760
+169,780
| +53% | +$12.3M |
|
586
American Homes 4 Rent
AMH
$12B
| $42.6M | 0.02% |
1,624,355
+271,260
| +20% | +$7.08M |
|
587
Freeport-McMoran
FCX
$90B
| $42.5M | 0.02% |
3,235,739
-373,756
| -10% | -$4.1M |
|
588
WSFS Financial
WSFS
$4.1B
| $42.4M | 0.02% |
963,753
-18,260
| -2% | -$798K |
|
589
Qiagen
QGEN
$8.53B
| $42M | 0.02% |
1,172,802
-1,403,701
| -54% | -$52.2M |
|
590
Old Republic International
ORI
$10.3B
| $41.9M | 0.02% |
1,873,806
-1,946,139
| -51% | -$44.3M |
|
591
Gaming and Leisure Properties
GLPI
$12.8B
| $41.8M | 0.02% |
970,037
+54,815
| +6% | +$2.25M |
|
592
Centene
CNC
$31.3B
| $41.7M | 0.02% |
664,013
-14,491
| -2% | -$786K |
|
593
Willis Towers Watson
WTW
$27.9B
| $41.4M | 0.02% |
205,023
-7,114
| -3% | -$1.36M |
|
594
Entergy
ETR
$54.1B
| $41.2M | 0.02% |
687,108
-186,750
| -21% | -$11M |
|
|
KEM
595
DELISTED
KEMET Corporation
KEM
| $40.6M | 0.02% |
1,501,789
+1,434,973
| +2,148% | +$34.8M |
|
596
Hershey
HSY
$35.4B
| $40.6M | 0.02% |
276,087
-216,844
| -44% | -$32.2M |
|
597
DTE Energy
DTE
$31.1B
| $40.2M | 0.02% |
363,584
-2,773
| -0.8% | -$299K |
|
|
TIF
598
DELISTED
Tiffany & Co.
TIF
| $40M | 0.02% |
299,241
+110,863
| +59% | +$13.1M |
|
599
Hewlett Packard
HPE
$63.2B
| $39.9M | 0.02% |
2,513,934
-12,358
| -0.5% | -$197K |
|
600
Ball Corp
BALL
$17B
| $39.8M | 0.02% |
614,925
+32,302
| +6% | +$2.19M |
|
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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.