AllianceBernstein
About: AllianceBernstein provides investment management services to institutional (42% of assets under management), retail (41%), and private (17%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. At the end of October 2024, AB had $793 billion in managed assets, composed primarily of fixed-income (37% of AUM) and equity (42%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder.
Employees: 4,341
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
178% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 18
124% more call options, than puts
Call options by funds: $12.9M | Put options by funds: $5.75M
102% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 48
30% more capital invested
Capital invested by funds: $881M [Q3] → $1.15B (+$265M) [Q4]
6% more funds holding
Funds holding: 257 [Q3] → 273 (+16) [Q4]
0.72% more ownership
Funds ownership: 21.67% [Q3] → 22.39% (+0.72%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Barclays Benjamin Budish 76% 1-year accuracy 95 / 125 met price target | 1%upside $36 | Equal-Weight Maintained | 9 Dec 2024 |
TD Cowen Bill Katz 88% 1-year accuracy 29 / 33 met price target | 18%upside $42 | Buy Maintained | 25 Nov 2024 |
Financial journalist opinion
Based on 4 articles about AB published over the past 30 days
