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 |
UnitedHealth
UNH
|
+$402M |
| 2 |
Wells Fargo
WFC
|
+$360M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$306M |
| 4 |
Travel + Leisure Co
TNL
|
+$270M |
| 5 |
US Bancorp
USB
|
+$227M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Electronic Arts
EA
|
+$498M |
| 2 |
Ford
F
|
+$288M |
| 3 |
Intel
INTC
|
+$260M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$256M |
| 5 |
Elevance Health
ELV
|
+$238M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.17% |
| 2 | Financials | 15.12% |
| 3 | Technology | 14.81% |
| 4 | Consumer Discretionary | 11.19% |
| 5 | Industrials | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.98T
| $3.08B | 2.64% |
111,660,384
-794,460
| -0.7% | -$23.3M |
2013 Q2
9 quarters
|
|
|
2
Wells Fargo
WFC
$252B
| $2.07B | 1.77% |
40,224,929
+6,551,491
| +19% | +$360M |
2013 Q2
9 quarters
|
|
|
3
Alphabet (Google) Class C
GOOG
$3.49T
| $2.03B | 1.74% |
65,916,320
+9,953,480
| +18% | +$306M |
2013 Q2
9 quarters
|
|
4
Microsoft
MSFT
$3.94T
| $1.84B | 1.58% |
41,556,571
+3,634,360
| +10% | +$163M |
2013 Q2
9 quarters
|
|
5
CVS Health
CVS
$107B
| $1.44B | 1.23% |
14,883,600
+1,329,356
| +10% | +$140M |
2013 Q2
9 quarters
|
|
|
6
UnitedHealth
UNH
$353B
| $1.43B | 1.23% |
12,324,810
+3,360,850
| +37% | +$402M |
2013 Q2
9 quarters
|
|
7
Pfizer
PFE
$168B
| $1.32B | 1.13% |
44,249,247
+2,069,766
| +5% | +$66.4M |
2013 Q2
9 quarters
|
|
8
Meta Platforms (Facebook)
META
$1.56T
| $1.21B | 1.04% |
13,415,915
+955,010
| +8% | +$87.6M |
2013 Q2
9 quarters
|
|
9
Gilead Sciences
GILD
$207B
| $1.18B | 1.01% |
12,014,936
+347,699
| +3% | +$38.6M |
2013 Q2
9 quarters
|
|
10
Home Depot
HD
$343B
| $1.12B | 0.96% |
9,684,113
+254,706
| +3% | +$29.5M |
2013 Q2
9 quarters
|
|
11
Comcast
CMCSA
$86.6B
| $1.1B | 0.94% |
38,656,132
-3,857,664
| -9% | -$115M |
2013 Q2
9 quarters
|
|
12
Walt Disney
DIS
$202B
| $1.05B | 0.9% |
10,266,468
-983,841
| -9% | -$107M |
2013 Q2
9 quarters
|
|
13
Visa
V
$789B
| $1.02B | 0.87% |
14,629,435
+698,190
| +5% | +$49.8M |
2013 Q2
9 quarters
|
|
14
Bank of America
BAC
$341B
| $924M | 0.79% |
59,313,109
+7,037,529
| +13% | +$118M |
2013 Q2
9 quarters
|
|
15
Johnson & Johnson
JNJ
$665B
| $909M | 0.78% |
9,741,089
-1,109,220
| -10% | -$107M |
2013 Q2
9 quarters
|
|
16
ExxonMobil
XOM
$677B
| $850M | 0.73% |
11,433,027
+393,147
| +4% | +$30.3M |
2013 Q2
9 quarters
|
|
17
Kroger
KR
$40B
| $844M | 0.72% |
23,410,752
+1,048,930
| +5% | +$38.9M |
2013 Q2
9 quarters
|
|
18
JPMorgan Chase
JPM
$888B
| $782M | 0.67% |
12,821,077
-859,970
| -6% | -$56.3M |
2013 Q2
9 quarters
|
|
19
Nike
NKE
$57.3B
| $758M | 0.65% |
12,333,222
+442,966
| +4% | +$25.1M |
2013 Q2
9 quarters
|
|
|
20
US Bancorp
USB
$92.6B
| $756M | 0.65% |
18,430,130
+5,236,763
| +40% | +$227M |
2013 Q2
9 quarters
|
|
21
Booking.com
BKNG
$119B
| $754M | 0.65% |
15,233,900
+3,340,925
| +28% | +$166M |
2013 Q2
9 quarters
|
|
22
Medtronic
MDT
$130B
| $733M | 0.63% |
10,952,785
-453,492
| -4% | -$33.4M |
2013 Q2
9 quarters
|
|
23
Biogen
BIIB
$36.7B
| $733M | 0.63% |
2,512,333
+681,357
| +37% | +$225M |
2013 Q2
9 quarters
|
|
24
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $699M | 0.6% |
3,646,107
-1,140,206
| -24% | -$231M |
2013 Q2
9 quarters
|
|
25
Berkshire Hathaway Class B
BRK.B
$1.22T
| $681M | 0.58% |
5,223,640
-1,239,522
| -19% | -$170M |
2013 Q2
9 quarters
|
|
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AllianceBernstein's Q3 2015 Portfolio in Review
As of Q3 2015, AllianceBernstein held 3,072 positions worth $117B, down 3.7% from $121B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
AllianceBernstein's Q3 2015 filing shows 78 new, 981 increased, 1,692 reduced and 133 closed positions. Its largest new stake was PayPal: 2,357,549 shares worth $73.2M. The largest sale was Electronic Arts, an estimated $498M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, down from 16% a quarter earlier, followed by Financials and Technology.
- AllianceBernstein's largest Q3 2015 buy was PayPal: 2,357,549 shares worth $73.2M.
- AllianceBernstein added most to UnitedHealth in Q3 2015, an estimated $402M increase.
- AllianceBernstein's biggest Q3 2015 reduction was Electronic Arts, cutting an estimated $498M.
- AllianceBernstein fully exited PALL CORP in Q3 2015, selling an estimated $140M.
- AllianceBernstein's ten largest holdings make up 17% of its $117B portfolio in Q3 2015.
- AllianceBernstein opened 78 new positions and closed 133 in Q3 2015.
- AllianceBernstein's portfolio value fell 3.7% quarter-over-quarter to $117B.
Based on AllianceBernstein's 13F filing for Q3 2015, filed 13 Nov 2015.