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 | |
|---|---|---|---|---|---|---|
151
Sun Communities
SUI
$14.9B
| $216M | 0.12% |
1,439,687
-266,905
| -16% | -$41.6M |
|
152
Regency Centers
REG
$14.9B
| $215M | 0.12% |
3,401,661
-1,855,473
| -35% | -$122M |
|
153
Morgan Stanley
MS
$338B
| $214M | 0.12% |
4,181,696
+729,706
| +21% | +$34.5M |
|
154
L3Harris
LHX
$55.9B
| $213M | 0.12% |
1,077,098
+145,157
| +16% | +$29.1M |
|
155
Knight Transportation
KNX
$12B
| $213M | 0.12% |
5,931,933
+1,204,310
| +25% | +$44.2M |
|
156
Target
TGT
$62.3B
| $212M | 0.12% |
1,653,582
+540,342
| +49% | +$63.4M |
|
157
Westlake Corp
WLK
$9.49B
| $212M | 0.12% |
3,015,365
+187,428
| +7% | +$12.6M |
|
158
Netflix
NFLX
$291B
| $209M | 0.12% |
6,473,940
-422,180
| -6% | -$12.5M |
|
159
Planet Fitness
PLNT
$4.31B
| $205M | 0.12% |
2,747,124
-90,085
| -3% | -$6.07M |
|
160
Thermo Fisher Scientific
TMO
$207B
| $205M | 0.12% |
630,568
-25,310
| -4% | -$7.67M |
|
161
Teladoc Health
TDOC
$1.61B
| $203M | 0.12% |
2,426,571
-332,119
| -12% | -$25.3M |
|
162
C.H. Robinson
CHRW
$22.4B
| $203M | 0.12% |
2,595,569
+974,282
| +60% | +$77.6M |
|
163
CDW
CDW
$17B
| $203M | 0.12% |
1,419,830
-71,423
| -5% | -$9.45M |
|
164
American Financial Group
AFG
$11.9B
| $202M | 0.11% |
1,838,785
+204,999
| +13% | +$21.9M |
|
165
Essent Group
ESNT
$6.02B
| $195M | 0.11% |
3,749,521
+863,323
| +30% | +$45M |
|
166
iShares Core MSCI Emerging Markets ETF
IEMG
$151B
| $194M | 0.11% |
3,605,038
-424,227
| -11% | -$21.9M |
|
167
NCR Voyix
VYX
$1.07B
| $193M | 0.11% |
8,954,227
-241,410
| -3% | -$4.7M |
|
168
iShares MSCI EAFE Value ETF
EFV
$27.7B
| $192M | 0.11% |
3,845,122
+4,720
| +0.1% | +$231K |
|
169
Trex
TREX
$4.59B
| $190M | 0.11% |
4,236,582
+1,386,184
| +49% | +$61.1M |
|
170
STAG Industrial
STAG
$7.88B
| $190M | 0.11% |
6,009,439
-49,191
| -0.8% | -$1.51M |
|
|
AXON
171
Axon Enterprise
AXON
$40B
| $190M | 0.11% |
2,587,234
+161,006
| +7% | +$10.2M |
|
172
Lockheed Martin
LMT
$133B
| $189M | 0.11% |
484,527
+18,344
| +4% | +$7.04M |
|
|
AZPN
173
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $188M | 0.11% |
1,552,290
+20,504
| +1% | +$2.48M |
|
|
CTXS
174
DELISTED
Citrix Systems Inc
CTXS
| $182M | 0.1% |
1,644,507
+574,790
| +54% | +$61.9M |
|
175
Lennar Class A
LEN
$20.3B
| $181M | 0.1% |
3,344,790
-68,529
| -2% | -$3.91M |
|
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.