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 | |
|---|---|---|---|---|---|---|
101
Bristol-Myers Squibb
BMY
$127B
| $365M | 0.21% |
5,691,823
+1,052,064
| +23% | +$60.3M |
|
102
Icon
ICLR
$13B
| $365M | 0.21% |
2,119,417
-51,625
| -2% | -$7.96M |
|
103
Everest Group
EG
$15.2B
| $362M | 0.21% |
1,309,308
-332,621
| -20% | -$87.7M |
|
104
S&P Global
SPGI
$125B
| $355M | 0.2% |
1,301,112
+198,123
| +18% | +$51.5M |
|
105
Synchrony
SYF
$23.7B
| $355M | 0.2% |
9,848,428
-1,544,468
| -14% | -$55.3M |
|
106
Dollar General
DG
$25.9B
| $354M | 0.2% |
2,271,895
-266,381
| -10% | -$42.3M |
|
107
Service Corp International
SCI
$11.2B
| $354M | 0.2% |
7,682,982
+472,545
| +7% | +$21.3M |
|
108
Phillips 66
PSX
$84.2B
| $350M | 0.2% |
3,143,496
-79,039
| -2% | -$8.88M |
|
109
iShares Core MSCI EAFE ETF
IEFA
$186B
| $342M | 0.19% |
5,241,272
+296,832
| +6% | +$18.8M |
|
110
Check Point Software Technologies
CHKP
$13.2B
| $336M | 0.19% |
3,027,718
-193,724
| -6% | -$21.8M |
|
111
McDonald's
MCD
$189B
| $335M | 0.19% |
1,697,421
-36,432
| -2% | -$7.23M |
|
112
NVIDIA
NVDA
$5.04T
| $329M | 0.19% |
55,964,240
-142,240
| -0.3% | -$740K |
|
113
US Foods
USFD
$21.2B
| $327M | 0.19% |
7,795,129
-175,601
| -2% | -$7.05M |
|
114
Marathon Petroleum
MPC
$92.1B
| $323M | 0.18% |
5,368,413
+730,249
| +16% | +$45.7M |
|
115
Altria Group
MO
$123B
| $321M | 0.18% |
6,426,693
+520,730
| +9% | +$24.6M |
|
116
CME Group
CME
$91.3B
| $318M | 0.18% |
1,582,495
+8,234
| +0.5% | +$1.69M |
|
117
iShares Core S&P Total US Stock Market ETF
ITOT
$93.2B
| $317M | 0.18% |
4,362,501
+91,240
| +2% | +$6.35M |
|
|
RDS.B
118
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $316M | 0.18% |
5,267,287
+550,162
| +12% | +$32.4M |
|
119
Magna International
MGA
$18.1B
| $315M | 0.18% |
5,750,014
+320,514
| +6% | +$17.4M |
|
120
Boston Scientific
BSX
$66B
| $307M | 0.17% |
6,799,086
-257,632
| -4% | -$10.8M |
|
121
Salesforce
CRM
$133B
| $304M | 0.17% |
1,866,330
+67,018
| +4% | +$10.5M |
|
122
Ametek
AME
$55.4B
| $296M | 0.17% |
2,965,755
-54,002
| -2% | -$5.12M |
|
123
NRG Energy
NRG
$30.2B
| $295M | 0.17% |
7,418,351
+2,857,395
| +63% | +$113M |
|
124
Amgen
AMGN
$203B
| $286M | 0.16% |
1,187,339
-53,585
| -4% | -$11.8M |
|
125
iShares Core MSCI Total International Stock ETF
IXUS
$57.5B
| $286M | 0.16% |
4,620,663
+549,791
| +14% | +$32.9M |
|
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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.