Alliancebernstein Holding (AB)

Company Profile

AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets. The firm has $688 billion in client assets under management, as of February 28, 2021.

Company profile

Ticker

Exchange

NYSE

Website

www.alliancebernstein.com

CEO

Seth Perry Bernstein

Incorporated

Delaware

Location

Tennessee

Fiscal year end

Dec 31

Sector

Finance and Insurance > Securities and Commodity Exchanges

Industry (SIC)

Investment Advice

Ameriprise Financial • Oaktree Capital • Carlyle Group Inc • Apollo Global Management Inc - • Blackstone • Invesco • Franklin Resources • Legg Mason • Affiliated Managers • Sculptor Capital Management ...

Former names

ALLIANCE CAPITAL MANAGEMENT HOLDING LP, ALLIANCE CAPITAL MANAGEMENT LP, ALLIANCE HIGH YIELD FUND INC

SEC CIK

0000825313

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

AllianceBernstein L.P. • AllianceBernstein International LLC • AB Trust Company, LLC • AllianceBernstein Corporation • AllianceBernstein Holdings (Cayman) Ltd. • Alliance Capital Management LLC • Sanford C. Bernstein & Co., LLC • AllianceBernstein Real Estate Investments LLC • AB Private Credit Investors LLC • AB Custom Alternative Solutions LLC ...

IRS number

133434400

SEC advisor number

801-32361

FINRA CRD number

106998

Address

Alliancebernstein Holding
501 COMMERCE STREET
NASHVILLE
TN 37203

Office hours

Monday - Friday, 9AM -5PM

Phone

6156220000

Brochures

AB stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$42.00

Low target

$38.00

High target

$46.00

Ownership

Owner	Title	From	%Ownership
Alliancebernstein Corporation	General Partner of Registrant	04/1999	< 5%
Manley, Mark, Randall	General Counsel	05/1984	< 5%
Pearson, Mark, NMN	Director of Abc	01/2011	< 5%
Lesser, David, Michael	Corporate Secretary	09/2016	< 5%
Axa Equitable Financial Services, LLC	100% Shareholder	09/1999	> 75%
Equitable Holdings, Inc.	100% Shareholder	05/2018	> 75%
Alpha Unit Holdings, Inc.	100% Shareholder	12/2018	> 75%
Bernstein, Seth, Perry	CEO of Abc	05/2017	< 5%
Kaye, Daniel, George	Director of Abc	05/2017	< 5%
Narayandas, Das, NMN	Director of Abc	11/2017	< 5%
Hurd, Jeffrey, (NMN)	Director of Abc	04/2019	< 5%
Stonehill, Charles, Gerald Thoroton	Director of Abc	04/2019	< 5%
Lane, Nicholas, Burritt	Director of Abc	04/2019	< 5%
Burke, Catherine, Cooney	Chief Operating Officer/chief Financial Officer	06/2019	< 5%
Matus, Kristi, Ann	Director of Abc	06/2019	< 5%
Domenici, Nella, Louise	Director of Abc	01/2020	< 5%
Walthall, Todd	Director of Abc	09/2021	< 5%
Lamm-Tennant, Joan	Chairman and Director of Abc	10/2021	< 5%
Digangi, Kyle, Christopher	Chief Compliance Officer	03/2020	< 5%

Latest filings (excl ownership)

View all

8-K

Departure of Directors or Certain Officers

1 Jun 23

8-K

Regulation FD Disclosure

9 May 23

8-K

Results of Operations and Financial Condition

26 Apr 23

Regulation FD Disclosure

12 Apr 23

8-K

Regulation FD Disclosure

Regulation FD Disclosure

9 Feb 23

8-K

Results of Operations and Financial Condition

8 Feb 23

8-K

Regulation FD Disclosure

12 Jan 23

Transcripts

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Earnings call transcript

2023 Q1

27 Apr 23

Earnings call transcript

2022 Q4

9 Feb 23

Earnings call transcript

2022 Q3

28 Oct 22

Earnings call transcript

2022 Q2

29 Jul 22

Earnings call transcript

2022 Q1

29 Apr 22

Earnings call transcript

2021 Q4

11 Feb 22

Earnings call transcript

2021 Q3

28 Oct 21

Earnings call transcript

2021 Q2

29 Jul 21

Earnings call transcript

2021 Q1

29 Apr 21

Earnings call transcript

2020 Q4

11 Feb 21

Latest ownership filings

View all

Charles G.T. Stonehill

Notice of proposed sale of securities

Notice of proposed sale of securities

22 Mar 23

Financial summary

Financial statements Chart AB financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q1 2023

AB institutional ownership history Ownership history

2.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	68	73	-6.8%
Opened positions	10	16	-37.5%
Closed positions	15	11	+36.4%
Increased positions	23	16	+43.8%
Reduced positions	13	14	-7.1%

13F shares	Current	Prev Q	Change
Total value	115.27 bn	110.93 bn	+3.9%
Total shares	3.17 mm	3.23 mm	-1.9%
Total puts	1.40 k	0.00	NEW
Total calls	600.00	200.00	+200.0%
Total put/call ratio	2.3	–	–

Largest owners	Shares	Value	Change
JPM JPMorgan Chase & Co.	1.34 mm	$49.00 bn	-31.8%
CIBC Private Wealth	484.19 k	$17.70 bn	NEW
Weiss Multi-Strategy Advisers	230.01 k	$8.37 bn	+283.3%
Miller Howard Investments	190.00 k	$6.95 bn	+153.3%
Janney Montgomery Scott	153.95 k	$5.60 bn	+0.9%
United Capital Financial Advisers	113.50 k	$4.15 bn	-2.7%
Williams Jones Wealth Management	67.08 k	$2.45 bn	+0.4%
GS Goldman Sachs	53.30 k	$1.95 bn	+2.6%
Knott David M Jr	49.50 k	$1.80 bn	-2.0%
Argent Trust	44.10 k	$1.61 bn	+3.5%

Largest transactions	Shares	Bought/sold	Change
JPM JPMorgan Chase & Co.	1.34 mm	-624.89 k	-31.8%
CIBC Private Wealth	484.19 k	+484.19 k	NEW
Weiss Multi-Strategy Advisers	230.01 k	+170.00 k	+283.3%
Natixis	0.00	-149.00 k	EXIT
Miller Howard Investments	190.00 k	+115.00 k	+153.3%
Greenwich Investment Management	0.00	-73.63 k	EXIT
Formidable Asset Management	0.00	-33.61 k	EXIT
Highland Capital Management	30.84 k	+30.84 k	NEW
Johnson Investment Counsel	0.00	-28.89 k	EXIT
Jump Financial	24.51 k	+24.51 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

AB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
24 May 23	Kate C Burke	AB Holding Units	Sell	Dispose S	No	Yes	33.79	12,500	422.38 k	115,205
24 May 23	Stonehill Charles G.T.	AB Holding Units	Grant	Acquire A	No	No	33.89	5,017	170.03 k	24,931
24 May 23	Daniel G Kaye	units rep. assignments of beneficial owner. of lp interests	Grant	Acquire A	No	No	33.89	5,017	170.03 k	39,810
24 May 23	Narayandas Das	AB Holding Units	Grant	Acquire A	No	No	33.89	5,017	170.03 k	35,676
24 May 23	Domenici Nella	AB Holding Units	Grant	Acquire A	No	No	33.89	5,017	170.03 k	22,865