AllianceBernstein Portfolio holdings
AllianceBernstein is an asset manager that combines two older firms: Sanford C. Bernstein, started in 1967 as a private investment firm, and Alliance Capital, formed in 1971. Alliance Capital came from a merger of the investment management arm of Donaldson, Lufkin & Jenrette with the investment advisory business of Moody's, and it bought Bernstein in 2000. Its own analysts write research for its portfolio managers, and some of its portfolios are long-only while others also take short positions. In 2022 it bought CarVal Investors, a global manager of private alternative investments, and its clients include high net worth individuals, pension plans, charities, insurers and sovereign wealth funds.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Express
AXP
|
+$683M |
| 2 |
AGN
Allergan plc
AGN
|
+$358M |
| 3 |
Wells Fargo
WFC
|
+$278M |
| 4 |
Gilead Sciences
GILD
|
+$252M |
| 5 |
Dover
DOV
|
+$239M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$421M |
| 2 |
Paramount Global Class B
PARA
|
+$315M |
| 3 |
Eaton
ETN
|
+$296M |
| 4 |
Macy's
M
|
+$280M |
| 5 |
Amazon
AMZN
|
+$280M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.81% |
| 2 | Technology | 13.58% |
| 3 | Healthcare | 13.57% |
| 4 | Industrials | 10.53% |
| 5 | Consumer Discretionary | 10.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.03T
| $2.69B | 2.26% |
115,586,568
-3,241,736
| -3% | -$69M |
2013 Q2
4 quarters
|
|
|
2
Wells Fargo
WFC
$250B
| $2.15B | 1.82% |
40,977,341
+5,525,966
| +16% | +$278M |
2013 Q2
4 quarters
|
|
3
Alphabet (Google) Class C
GOOG
$3.42T
| $1.69B | 1.42% |
58,364,100
+1,466,631
| +3% | +$39.8M |
2013 Q2
4 quarters
|
|
4
Pfizer
PFE
$174B
| $1.48B | 1.25% |
52,580,835
-2,194,448
| -4% | -$62.6M |
2013 Q2
4 quarters
|
|
5
ExxonMobil
XOM
$764B
| $1.39B | 1.17% |
13,786,998
+549,713
| +4% | +$55.5M |
2013 Q2
4 quarters
|
|
6
State Street SPDR S&P 500 ETF Trust
SPY
$802B
| $1.39B | 1.17% |
7,088,863
+1,015,130
| +17% | +$193M |
2013 Q2
4 quarters
|
|
|
7
American Express
AXP
$214B
| $1.33B | 1.12% |
13,985,008
+7,573,671
| +118% | +$683M |
2013 Q2
4 quarters
|
|
8
Johnson & Johnson
JNJ
$658B
| $1.31B | 1.1% |
12,518,625
+520,628
| +4% | +$52.6M |
2013 Q2
4 quarters
|
|
9
Comcast
CMCSA
$82.5B
| $1.19B | 1.01% |
44,454,850
-2,644,558
| -6% | -$68M |
2013 Q2
4 quarters
|
|
10
Microsoft
MSFT
$3.88T
| $1.16B | 0.97% |
27,715,073
+672,963
| +2% | +$27.2M |
2013 Q2
4 quarters
|
|
11
HP
HPQ
$26B
| $1.06B | 0.89% |
69,176,854
+3,932,669
| +6% | +$59.1M |
2013 Q2
4 quarters
|
|
|
12
Gilead Sciences
GILD
$212B
| $1.05B | 0.89% |
12,697,333
+3,235,502
| +34% | +$252M |
2013 Q2
4 quarters
|
|
13
CVS Health
CVS
$115B
| $1.01B | 0.86% |
13,462,938
-770,153
| -5% | -$58.2M |
2013 Q2
4 quarters
|
|
14
Home Depot
HD
$328B
| $1.01B | 0.85% |
12,422,092
+205,813
| +2% | +$16.2M |
2013 Q2
4 quarters
|
|
15
SLB Ltd
SLB
$79.3B
| $1B | 0.85% |
8,502,934
-718,882
| -8% | -$74.1M |
2013 Q2
4 quarters
|
|
|
16
Verizon
VZ
$185B
| $953M | 0.8% |
19,480,727
-8,699,097
| -31% | -$421M |
2013 Q2
4 quarters
|
|
17
Berkshire Hathaway Class B
BRK.B
$1.16T
| $929M | 0.78% |
7,343,438
+65,783
| +0.9% | +$8.33M |
2013 Q2
4 quarters
|
|
18
Bank of America
BAC
$346B
| $878M | 0.74% |
57,096,548
-5,091,397
| -8% | -$79.1M |
2013 Q2
4 quarters
|
|
19
GE Aerospace
GE
$313B
| $863M | 0.73% |
6,854,083
+646,338
| +10% | +$82.2M |
2013 Q2
4 quarters
|
|
|
20
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$802B
| $857M | 0.72% |
4,377,900
+1,404,300
| +47% | +$267M |
2013 Q2
4 quarters
|
|
21
DELISTED
Hess
HES
| $818M | 0.69% |
8,274,826
-70,530
| -0.8% | -$6.36M |
2013 Q2
4 quarters
|
|
22
Visa
V
$773B
| $812M | 0.68% |
15,415,504
+551,588
| +4% | +$28.8M |
2013 Q2
4 quarters
|
|
23
JPMorgan Chase
JPM
$895B
| $775M | 0.65% |
13,442,778
-2,543,506
| -16% | -$143M |
2013 Q2
4 quarters
|
|
24
Citigroup
C
$203B
| $768M | 0.65% |
16,308,716
-1,028,114
| -6% | -$48.9M |
2013 Q2
4 quarters
|
|
25
Capital One
COF
$126B
| $764M | 0.64% |
9,251,338
+2,189,331
| +31% | +$170M |
2013 Q2
4 quarters
|
|
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AllianceBernstein's Q2 2014 Portfolio in Review
As of Q2 2014, AllianceBernstein held 3,955 positions worth $119B, up 2.5% from $116B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
AllianceBernstein's Q2 2014 filing shows 265 new, 1,135 increased, 1,750 reduced and 532 closed positions. Its largest new stake was JD.com: 1,344,792 shares worth $38.3M. The largest sale was Verizon, an estimated $421M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- AllianceBernstein's largest Q2 2014 buy was JD.com: 1,344,792 shares worth $38.3M.
- AllianceBernstein added most to American Express in Q2 2014, an estimated $683M increase.
- AllianceBernstein's biggest Q2 2014 reduction was Verizon, cutting an estimated $421M.
- AllianceBernstein fully exited CAPITALSOURCE INC in Q2 2014, selling an estimated $62.4M.
- AllianceBernstein's ten largest holdings make up 13% of its $119B portfolio in Q2 2014.
- AllianceBernstein opened 265 new positions and closed 532 in Q2 2014.
- AllianceBernstein's portfolio value rose 2.5% quarter-over-quarter to $119B.
Based on AllianceBernstein's 13F filing for Q2 2014, filed 13 Aug 2014.