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 | |
|---|---|---|---|---|---|---|
1951
Piper Sandler
PIPR
$5.15B
| $2.06M | ﹤0.01% |
103,000
+600
| +0.6% | +$11.6K |
|
|
NAV
1952
DELISTED
Navistar International
NAV
| $2.05M | ﹤0.01% |
70,900
| – | – |
|
1953
Vipshop
VIPS
$7.2B
| $2.05M | ﹤0.01% |
144,769
-211,564
| -59% | -$2.51M |
|
1954
Coca-Cola Consolidated
COKE
$13.2B
| $2.05M | ﹤0.01% |
72,180
-320
| -0.4% | -$8.95K |
|
1955
First Bank
FRBA
$473M
| $2.04M | ﹤0.01% |
184,968
| – | – |
|
|
PCSB
1956
DELISTED
PCSB Financial Corporation
PCSB
| $2.04M | ﹤0.01% |
100,915
-900
| -0.9% | -$18.2K |
|
1957
Upbound Group
UPBD
$1.23B
| $2.04M | ﹤0.01% |
70,823
+1,250
| +2% | +$32.7K |
|
|
CORE
1958
DELISTED
Core Mark Holding Co., Inc.
CORE
| $2.04M | ﹤0.01% |
75,142
-81,468
| -52% | -$2.26M |
|
1959
Amkor Technology
AMKR
$11.3B
| $2.03M | ﹤0.01% |
156,450
-70
| -0% | -$835 |
|
|
STMP
1960
DELISTED
Stamps.com, Inc.
STMP
| $2.03M | ﹤0.01% |
24,322
+262
| +1% | +$21.8K |
|
1961
JELD-WEN Holding
JELD
$99.1M
| $2.02M | ﹤0.01% |
86,444
| – | – |
|
1962
Universal Corp
UVV
$1.39B
| $2.01M | ﹤0.01% |
35,214
+100
| +0.3% | +$5.4K |
|
1963
Clearway Energy Class C
CWEN
$4.82B
| $2.01M | ﹤0.01% |
100,552
| – | – |
|
1964
Liberty Broadband Class A
LBRDA
$4.61B
| $2.01M | ﹤0.01% |
16,108
+1,300
| +9% | +$151K |
|
1965
CBIZ
CBZ
$2.49B
| $2M | ﹤0.01% |
74,220
-1,400
| -2% | -$36.4K |
|
1966
Inogen
INGN
$176M
| $2M | ﹤0.01% |
29,247
+250
| +0.9% | +$15.7K |
|
1967
Patriot National Bancorp
PNBK
$126M
| $2M | ﹤0.01% |
156,575
+29,749
| +23% | +$371K |
|
1968
Editas Medicine
EDIT
$390M
| $2M | ﹤0.01% |
67,400
+1,200
| +2% | +$30K |
|
|
INOV
1969
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $1.98M | ﹤0.01% |
105,200
+2,600
| +3% | +$43.5K |
|
1970
Varex Imaging
VREX
$478M
| $1.98M | ﹤0.01% |
66,336
+300
| +0.5% | +$8.96K |
|
1971
LGI Homes
LGIH
$1.45B
| $1.97M | ﹤0.01% |
27,840
+150
| +0.5% | +$11.4K |
|
1972
Federal Agricultural Mortgage
AGM
$2.28B
| $1.97M | ﹤0.01% |
23,540
| – | – |
|
|
ESPR
1973
DELISTED
Esperion Therapeutics
ESPR
| $1.97M | ﹤0.01% |
32,970
-29,494
| -47% | -$1.33M |
|
1974
Southside Bancshares
SBSI
$974M
| $1.97M | ﹤0.01% |
52,948
+950
| +2% | +$33.6K |
|
1975
National Bank Holdings
NBHC
$1.89B
| $1.96M | ﹤0.01% |
55,620
+950
| +2% | +$33.5K |
|
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.