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 |
Edwards Lifesciences
EW
|
+$376M |
| 2 |
Honeywell
HON
|
+$325M |
| 3 |
Progressive
PGR
|
+$288M |
| 4 |
Paramount Global Class B
PARA
|
+$232M |
| 5 |
Teva Pharmaceutical Industries Limited
TEVA
|
+$229M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LLL
L3 Technologies, Inc.
LLL
|
+$529M |
| 2 |
RTX Corp
RTX
|
+$496M |
| 3 |
CVS Health
CVS
|
+$406M |
| 4 |
US Bancorp
USB
|
+$395M |
| 5 |
TWX
Time Warner Inc
TWX
|
+$279M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.73% |
| 2 | Technology | 15.71% |
| 3 | Healthcare | 13.66% |
| 4 | Industrials | 10.46% |
| 5 | Consumer Discretionary | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.03T
| $2.81B | 2.34% |
97,182,564
-9,732,260
| -9% | -$276M |
2013 Q2
14 quarters
|
|
2
Alphabet (Google) Class C
GOOG
$3.42T
| $2.47B | 2.06% |
64,000,300
+3,622,520
| +6% | +$141M |
2013 Q2
14 quarters
|
|
3
Microsoft
MSFT
$3.88T
| $1.84B | 1.53% |
29,535,846
-1,173,306
| -4% | -$70.6M |
2013 Q2
14 quarters
|
|
4
Meta Platforms (Facebook)
META
$1.6T
| $1.74B | 1.45% |
15,150,372
+530,502
| +4% | +$65.2M |
2013 Q2
14 quarters
|
|
5
Wells Fargo
WFC
$250B
| $1.53B | 1.27% |
27,698,236
+655,006
| +2% | +$32.9M |
2013 Q2
14 quarters
|
|
6
Bank of America
BAC
$346B
| $1.52B | 1.27% |
68,715,727
+8,315,631
| +14% | +$160M |
2013 Q2
14 quarters
|
|
7
ExxonMobil
XOM
$764B
| $1.37B | 1.15% |
15,228,764
-28,233
| -0.2% | -$2.47M |
2013 Q2
14 quarters
|
|
8
Visa
V
$773B
| $1.34B | 1.12% |
17,227,138
-9,091
| -0.1% | -$731K |
2013 Q2
14 quarters
|
|
9
UnitedHealth
UNH
$365B
| $1.32B | 1.1% |
8,270,294
-962,848
| -10% | -$144M |
2013 Q2
14 quarters
|
|
10
Pfizer
PFE
$174B
| $1.24B | 1.04% |
40,326,755
-2,491,590
| -6% | -$76.1M |
2013 Q2
14 quarters
|
|
|
11
US Bancorp
USB
$92.6B
| $1.12B | 0.93% |
21,801,419
-8,307,670
| -28% | -$395M |
2013 Q2
14 quarters
|
|
12
Johnson & Johnson
JNJ
$658B
| $1.1B | 0.92% |
9,584,470
-290,153
| -3% | -$33.5M |
2013 Q2
14 quarters
|
|
13
Home Depot
HD
$328B
| $1.09B | 0.91% |
8,118,287
-1,940,695
| -19% | -$250M |
2013 Q2
14 quarters
|
|
14
JPMorgan Chase
JPM
$895B
| $1.06B | 0.89% |
12,325,933
+85,104
| +0.7% | +$6.49M |
2013 Q2
14 quarters
|
|
15
Comcast
CMCSA
$82.5B
| $1.02B | 0.85% |
29,669,306
-4,036,476
| -12% | -$135M |
2013 Q2
14 quarters
|
|
16
Intel
INTC
$350B
| $991M | 0.83% |
27,335,038
+562,680
| +2% | +$20.1M |
2013 Q2
14 quarters
|
|
17
Altria Group
MO
$130B
| $991M | 0.83% |
14,651,920
+3,294,272
| +29% | +$212M |
2013 Q2
14 quarters
|
|
|
18
Honeywell
HON
$69.2B
| $956M | 0.8% |
9,132,191
+3,195,560
| +54% | +$325M |
2013 Q2
14 quarters
|
|
19
Verizon
VZ
$185B
| $955M | 0.8% |
17,881,788
+1,568,200
| +10% | +$78.4M |
2013 Q2
14 quarters
|
|
20
Walt Disney
DIS
$192B
| $863M | 0.72% |
8,279,529
+1,404,269
| +20% | +$137M |
2013 Q2
14 quarters
|
|
21
GE Aerospace
GE
$313B
| $857M | 0.71% |
5,661,978
+285,395
| +5% | +$41.5M |
2013 Q2
14 quarters
|
|
22
Gilead Sciences
GILD
$212B
| $844M | 0.7% |
11,788,312
+69,280
| +0.6% | +$5.15M |
2013 Q2
14 quarters
|
|
23
Starbucks
SBUX
$118B
| $840M | 0.7% |
15,134,222
+2,191,326
| +17% | +$121M |
2013 Q2
14 quarters
|
|
24
Automatic Data Processing
ADP
$116B
| $808M | 0.67% |
7,860,371
-351,332
| -4% | -$32.8M |
2013 Q2
14 quarters
|
|
25
Berkshire Hathaway Class B
BRK.B
$1.16T
| $799M | 0.67% |
4,903,170
+69,995
| +1% | +$10.8M |
2013 Q2
14 quarters
|
|
Similar funds
AllianceBernstein's Q4 2016 Portfolio in Review
As of Q4 2016, AllianceBernstein held 3,102 positions worth $120B, up 1.3% from $118B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
AllianceBernstein's Q4 2016 filing shows 125 new, 894 increased, 1,362 reduced and 90 closed positions. Its largest new stake was iShares JPMorgan USD Emerging Markets Bond ETF: 754,842 shares worth $83.2M. The largest sale was L3 Technologies, Inc., an estimated $529M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
- AllianceBernstein's largest Q4 2016 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 754,842 shares worth $83.2M.
- AllianceBernstein added most to Edwards Lifesciences in Q4 2016, an estimated $376M increase.
- AllianceBernstein's biggest Q4 2016 reduction was L3 Technologies, Inc., cutting an estimated $529M.
- AllianceBernstein fully exited Amsurg Corp in Q4 2016, selling an estimated $89.6M.
- AllianceBernstein's ten largest holdings make up 14% of its $120B portfolio in Q4 2016.
- AllianceBernstein opened 125 new positions and closed 90 in Q4 2016.
- AllianceBernstein's portfolio value rose 1.3% quarter-over-quarter to $120B.
Based on AllianceBernstein's 13F filing for Q4 2016, filed 13 Feb 2017.