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 | |
|---|---|---|---|---|---|---|
776
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $22.5M | 0.01% |
166,071
+69,378
| +72% | +$9.66M |
|
777
CarMax
KMX
$8.27B
| $22.5M | 0.01% |
256,589
-8,731
| -3% | -$821K |
|
778
Howmet Aerospace
HWM
$116B
| $22.4M | 0.01% |
948,505
-53,699
| -5% | -$1.2M |
|
779
iShares Core US Aggregate Bond ETF
AGG
$138B
| $22.3M | 0.01% |
198,797
+119,516
| +151% | +$13.5M |
|
780
Loews
L
$24.3B
| $22.3M | 0.01% |
425,504
-20,195
| -5% | -$1.02M |
|
781
Teledyne Technologies
TDY
$30.4B
| $22.3M | 0.01% |
64,238
+3,959
| +7% | +$1.33M |
|
|
KNL
782
DELISTED
Knoll, Inc.
KNL
| $22.2M | 0.01% |
878,158
-23,276
| -3% | -$615K |
|
783
American Airlines Group
AAL
$9.58B
| $22.1M | 0.01% |
771,293
+88,377
| +13% | +$2.52M |
|
784
Atmos Energy
ATO
$29.9B
| $22.1M | 0.01% |
197,130
-9,883
| -5% | -$1.08M |
|
785
Universal Health Services
UHS
$9.43B
| $22.1M | 0.01% |
153,707
-10,717
| -7% | -$1.53M |
|
786
Extreme Networks
EXTR
$3.86B
| $22M | 0.01% |
2,986,056
+294,934
| +11% | +$2.07M |
|
|
PPLI
787
People Inc
PPLI
$3.1B
| $22M | 0.01% |
494,209
+58,903
| +14% | +$2.37M |
|
788
Brown-Forman Class B
BF.B
$12B
| $22M | 0.01% |
325,348
-9,975
| -3% | -$648K |
|
789
Hasbro
HAS
$12.6B
| $22M | 0.01% |
208,128
-10,034
| -5% | -$1.04M |
|
790
Devon Energy
DVN
$51.9B
| $21.9M | 0.01% |
844,699
-615,202
| -42% | -$13.9M |
|
|
RPAI
791
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $21.8M | 0.01% |
1,629,985
-95,500
| -6% | -$1.28M |
|
792
Gartner
IT
$9.41B
| $21.7M | 0.01% |
140,919
-8,608
| -6% | -$1.31M |
|
793
East-West Bancorp
EWBC
$17.9B
| $21.7M | 0.01% |
445,138
+54,272
| +14% | +$2.45M |
|
794
Lumen
LUMN
$6.53B
| $21.7M | 0.01% |
1,640,145
+63,833
| +4% | +$856K |
|
|
LPT
795
DELISTED
Liberty Property Trust
LPT
| $21.6M | 0.01% |
360,418
+23,285
| +7% | +$1.33M |
|
796
Boston Beer
SAM
$1.88B
| $21.5M | 0.01% |
56,843
+1,450
| +3% | +$546K |
|
|
HOLX
797
DELISTED
Hologic
HOLX
| $21.5M | 0.01% |
411,271
-30,326
| -7% | -$1.51M |
|
|
INXN
798
DELISTED
Interxion Holding N.V.
INXN
| $21.4M | 0.01% |
255,934
+250,400
| +4,525% | +$20.9M |
|
799
Packaging Corp of America
PKG
$22.7B
| $21.4M | 0.01% |
191,206
-5,217
| -3% | -$576K |
|
800
Federal Realty Investment Trust
FRT
$10.9B
| $21.3M | 0.01% |
165,520
-2,456
| -1% | -$326K |
|
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.