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 |
Alphabet (Google) Class A
GOOGL
|
+$637M |
| 2 |
Pfizer
PFE
|
+$445M |
| 3 |
US Bancorp
USB
|
+$420M |
| 4 |
Synchrony
SYF
|
+$382M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$315M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$569M |
| 2 |
Wells Fargo
WFC
|
+$513M |
| 3 |
AGN
Allergan plc
AGN
|
+$370M |
| 4 |
TWX
Time Warner Inc
TWX
|
+$318M |
| 5 |
HP
HPQ
|
+$318M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.33% |
| 2 | Financials | 15.96% |
| 3 | Technology | 15.33% |
| 4 | Consumer Discretionary | 11.35% |
| 5 | Industrials | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.16T
| $2.85B | 2.42% |
108,257,044
-3,403,340
| -3% | -$97.3M |
2013 Q2
10 quarters
|
|
2
Microsoft
MSFT
$3.88T
| $2.15B | 1.83% |
38,749,913
-2,806,658
| -7% | -$148M |
2013 Q2
10 quarters
|
|
|
3
Alphabet (Google) Class C
GOOG
$3.63T
| $1.9B | 1.62% |
50,053,780
-15,862,540
| -24% | -$569M |
2013 Q2
10 quarters
|
|
|
4
Pfizer
PFE
$164B
| $1.79B | 1.52% |
58,380,489
+14,131,242
| +32% | +$445M |
2013 Q2
10 quarters
|
|
|
5
Wells Fargo
WFC
$257B
| $1.67B | 1.42% |
30,785,403
-9,439,526
| -23% | -$513M |
2013 Q2
10 quarters
|
|
6
UnitedHealth
UNH
$363B
| $1.52B | 1.29% |
12,896,696
+571,886
| +5% | +$66.8M |
2013 Q2
10 quarters
|
|
7
Meta Platforms (Facebook)
META
$1.59T
| $1.47B | 1.25% |
14,006,258
+590,343
| +4% | +$60.6M |
2013 Q2
10 quarters
|
|
8
CVS Health
CVS
$115B
| $1.46B | 1.24% |
14,882,897
-703
| -0% | -$68.9K |
2013 Q2
10 quarters
|
|
9
Gilead Sciences
GILD
$208B
| $1.21B | 1.03% |
11,960,103
-54,833
| -0.5% | -$5.71M |
2013 Q2
10 quarters
|
|
|
10
US Bancorp
USB
$94.2B
| $1.21B | 1.03% |
28,257,045
+9,826,915
| +53% | +$420M |
2013 Q2
10 quarters
|
|
11
Home Depot
HD
$347B
| $1.13B | 0.97% |
8,580,679
-1,103,434
| -11% | -$140M |
2013 Q2
10 quarters
|
|
12
ExxonMobil
XOM
$693B
| $1.09B | 0.92% |
13,932,117
+2,499,090
| +22% | +$200M |
2013 Q2
10 quarters
|
|
13
Visa
V
$784B
| $1.08B | 0.92% |
13,948,477
-680,958
| -5% | -$52.7M |
2013 Q2
10 quarters
|
|
|
14
State Street SPDR S&P 500 ETF Trust
SPY
$803B
| $1.06B | 0.9% |
5,179,112
+1,533,005
| +42% | +$315M |
2013 Q2
10 quarters
|
|
15
Walt Disney
DIS
$204B
| $1.05B | 0.9% |
10,035,587
-230,881
| -2% | -$25.7M |
2013 Q2
10 quarters
|
|
16
Comcast
CMCSA
$88.1B
| $1.03B | 0.88% |
36,563,638
-2,092,494
| -5% | -$63M |
2013 Q2
10 quarters
|
|
17
Bank of America
BAC
$349B
| $968M | 0.82% |
57,511,476
-1,801,633
| -3% | -$30.5M |
2013 Q2
10 quarters
|
|
18
Johnson & Johnson
JNJ
$683B
| $964M | 0.82% |
9,385,559
-355,530
| -4% | -$35.8M |
2013 Q2
10 quarters
|
|
19
Medtronic
MDT
$129B
| $898M | 0.76% |
11,678,657
+725,872
| +7% | +$54.6M |
2013 Q2
10 quarters
|
|
20
Biogen
BIIB
$37B
| $866M | 0.74% |
2,828,416
+316,083
| +13% | +$90.8M |
2013 Q2
10 quarters
|
|
21
Booking.com
BKNG
$120B
| $862M | 0.73% |
16,901,800
+1,667,900
| +11% | +$88.1M |
2013 Q2
10 quarters
|
|
22
Verizon
VZ
$193B
| $806M | 0.69% |
17,448,725
+3,550,771
| +26% | +$161M |
2013 Q2
10 quarters
|
|
23
Nike
NKE
$56.1B
| $775M | 0.66% |
12,399,757
+66,535
| +0.5% | +$4.29M |
2013 Q2
10 quarters
|
|
24
Allstate
ALL
$66B
| $768M | 0.65% |
12,369,075
+1,194,504
| +11% | +$74.3M |
2013 Q2
10 quarters
|
|
25
Kroger
KR
$41.2B
| $761M | 0.65% |
18,200,221
-5,210,531
| -22% | -$202M |
2013 Q2
10 quarters
|
|
Similar funds
AllianceBernstein's Q4 2015 Portfolio in Review
As of Q4 2015, AllianceBernstein held 3,018 positions worth $118B, up 0.86% from $117B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
AllianceBernstein withdrew a net $4.99B in Q4 2015, closing 101 positions and reducing 1,719 holdings. Its most notable exit was HOMEAWAY INC COM, an estimated $75.8M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Financials and Technology.
Against the trend, AllianceBernstein opened a new position in Alphabet (Google) Class A worth $669M.
- AllianceBernstein's largest Q4 2015 buy was Alphabet (Google) Class A: 17,199,520 shares worth $669M.
- AllianceBernstein added most to Pfizer in Q4 2015, an estimated $445M increase.
- AllianceBernstein's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $569M.
- AllianceBernstein fully exited HOMEAWAY INC COM in Q4 2015, selling an estimated $75.8M.
- AllianceBernstein's ten largest holdings make up 15% of its $118B portfolio in Q4 2015.
- AllianceBernstein opened 79 new positions and closed 101 in Q4 2015.
- AllianceBernstein's portfolio value rose 0.86% quarter-over-quarter to $118B.
Based on AllianceBernstein's 13F filing for Q4 2015, filed 12 Feb 2016.