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 | |
|---|---|---|---|---|---|---|
101
Eli Lilly
LLY
$1.03T
| $291M | 0.22% |
2,513,273
-178,395
| -7% | -$19.9M |
|
102
Delta Air Lines
DAL
$58.3B
| $290M | 0.22% |
5,815,811
+300,251
| +5% | +$16.4M |
|
103
CubeSmart
CUBE
$9.34B
| $288M | 0.21% |
10,029,101
+463,585
| +5% | +$13.6M |
|
|
CELG
104
DELISTED
Celgene Corp
CELG
| $274M | 0.2% |
4,273,205
+76,169
| +2% | +$5.62M |
|
105
CME Group
CME
$96.1B
| $273M | 0.2% |
1,450,680
-618,717
| -30% | -$114M |
|
106
Boston Scientific
BSX
$68.4B
| $271M | 0.2% |
7,668,040
+1,238,771
| +19% | +$44.9M |
|
107
iShares Core MSCI EAFE ETF
IEFA
$192B
| $268M | 0.2% |
4,879,440
+408,637
| +9% | +$24M |
|
108
AbbVie
ABBV
$455B
| $265M | 0.2% |
2,878,829
-53,638
| -2% | -$4.72M |
|
109
Fidelity National Information Services
FIS
$23.8B
| $264M | 0.2% |
2,578,933
+200,316
| +8% | +$20.9M |
|
110
DuPont de Nemours
DD
$18.7B
| $264M | 0.2% |
1,947,334
-405,735
| -17% | -$58.3M |
|
111
Reinsurance Group of America
RGA
$15.6B
| $263M | 0.2% |
1,875,931
+374,464
| +25% | +$53.1M |
|
112
Marathon Petroleum
MPC
$91.7B
| $262M | 0.19% |
4,439,660
-2,343
| -0.1% | -$160K |
|
113
Burlington
BURL
$23.4B
| $253M | 0.19% |
1,552,809
+824,260
| +113% | +$133M |
|
114
IDEX
IEX
$17.3B
| $250M | 0.19% |
1,978,725
+431,134
| +28% | +$57.7M |
|
115
Electronic Arts
EA
$52.9B
| $249M | 0.18% |
3,152,576
+1,102,868
| +54% | +$101M |
|
116
Capital One
COF
$129B
| $246M | 0.18% |
3,250,325
+492,900
| +18% | +$42.7M |
|
117
NiSource
NI
$21.6B
| $242M | 0.18% |
9,552,924
-28,379
| -0.3% | -$732K |
|
118
iShares MSCI EAFE Value ETF
EFV
$28.9B
| $233M | 0.17% |
5,143,239
+200,545
| +4% | +$9.66M |
|
119
Salesforce
CRM
$148B
| $231M | 0.17% |
1,688,144
+128,078
| +8% | +$17.6M |
|
120
ConocoPhillips
COP
$145B
| $231M | 0.17% |
3,697,091
+478,269
| +15% | +$32.5M |
|
121
Goldman Sachs
GS
$302B
| $230M | 0.17% |
1,379,726
-869,335
| -39% | -$175M |
|
122
3M
MMM
$90.8B
| $226M | 0.17% |
1,419,346
-15,251
| -1% | -$2.53M |
|
123
Bright Horizons
BFAM
$4.1B
| $225M | 0.17% |
2,022,768
-195,130
| -9% | -$22.4M |
|
|
ATVI
124
DELISTED
Activision Blizzard
ATVI
| $225M | 0.17% |
4,825,097
-743,068
| -13% | -$44.5M |
|
125
Credicorp
BAP
$32B
| $221M | 0.16% |
998,640
-46,021
| -4% | -$10.2M |
|
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.