Document
false0000825313 0000825313 2020-07-13 2020-07-13



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): July 13, 2020

ALLIANCEBERNSTEIN HOLDING L.P.
(Exact name of registrant as specified in its charter)

Delaware
001-09818
13-3434400
(State or other jurisdiction of
incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification Number)

1345 Avenue of the Americas, New York, NY  10105
(Address of principal executive offices)
(Zip Code)
(212) 969-1000
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.








Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class
Trading Symbol
Name of Each Exchange on which Registered
Units rep. assignments of beneficial ownership of limited partnership interests in AB Holding
AB
NYSE
















































Item 7.01.    Regulation FD Disclosure.

AllianceBernstein L.P. (“AB”) and AllianceBernstein Holding L.P. are furnishing a news release (“AUM Release”) issued on July 13, 2020 announcing AB’s preliminary assets under management as of June 30, 2020. The AUM Release is attached hereto as Exhibit 99.01.



Item 9.01.    Financial Statements and Exhibits.

(d)
Exhibits.
    
99.01



            











SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 
 
ALLIANCEBERNSTEIN HOLDING L.P.
Dated: July 13, 2020
 
By: 
/s/ David M. Lesser
 
 
 
David M. Lesser
Corporate Secretary


Exhibit
Mark Griffin, Investors
629.213.5672
mark.griffin@alliancebernstein.com
Jennifer Casey, Media
212.969.1157
jennifer.casey@alliancebernstein.com



AB Announces June 30, 2020 Assets Under Management
New York, NY, July 13, 2020 - AllianceBernstein L.P. (“AB”) and AllianceBernstein Holding L.P. (“AB Holding”) (NYSE: AB) today announced that preliminary assets under management increased to $600 billion during June 2020 from $596 billion at the end of May. The 0.7% increase was due to market appreciation, partially offset by firmwide net outflows. By channel, net outflows from Institutions and Private Wealth exceeded Retail net inflows. Excluding $7.1 billion in outflows from AXA S.A.'s redemption of certain low-fee fixed income mandates, the firm experienced net inflows in June. Year-to-date through June, these redemptions amounted to approximately $8.9 billion of the total expected redemptions of $14 billion.
AllianceBernstein L.P. (The Operating Partnership)
Assets Under Management ($ in Billions)
 
 
At June 30, 2020
 
At May 31
 
 
 
2020
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Private
 
 
 
 
 
Institutions
 
Retail
 
Wealth
 
Total
 
Total
 
 
 
 
 
 
 
 
 
 
Equity
 
 
 
 
 
 
 
 
 
Actively Managed
$
45

 
 
$
83
 
 
$
44

 
 
$
172
 
 
$
169
 
Passive
24
 
 
 
30
 
 
1
 
 
 
55
 
 
53
 
Total Equity
69
 
 
 
113
 
 
45
 
 
 
227
 
 
222
 
 
 
 
 
 
 
 
 
 
 
Fixed Income
 
 
 
 
 
 
 
 
 
Taxable
154
 
 
 
80
 
 
14
 
 
 
248
 
 
251
 
Tax-Exempt
1
 
 
 
21
 
 
25
 
 
 
47
 
 
46
 
Passive
 
 
 
10
 
 
 
 
 
10
 
 
10
 
Total Fixed Income
155
 
 
 
111
 
 
39
 
 
 
305
 
 
307
 
 
 
 
 
 
 
 
 
 
 
Other(1)
52
 
 
 
6
 
 
10
 
 
 
68
 
 
67
 
Total
$
276

 
 
$
230
 
 
$
94

 
 
$
600
 
 
$
596
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
At May 31, 2020
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
280

 
 
$
223
 
 
$
93

 
 
$
596
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Includes certain multi-asset services and solutions and certain alternative investments.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 



www.alliancebernstein.com    1 of 2




Cautions Regarding Forward-Looking Statements
Certain statements provided by management in this news release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. The most significant of these factors include, but are not limited to, the following: the performance of financial markets, the investment performance of sponsored investment products and separately-managed accounts, general economic conditions, industry trends, future acquisitions, integration of acquired companies, competitive conditions, and government regulations, including changes in tax regulations and rates and the manner in which the earnings of publicly-traded partnerships are taxed. AB cautions readers to carefully consider such factors. Further, such forward-looking statements speak only as of the date on which such statements are made; AB undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. For further information regarding these forward-looking statements and the factors that could cause actual results to differ, see “Risk Factors” and “Cautions Regarding Forward-Looking Statements” in AB’s Form 10-K for the year ended December 31, 2019 or Form 10-Q for the quarter ended March 31, 2020. Any or all of the forward-looking statements made in this news release, Form 10-K, Form 10-Q, other documents AB files with or furnishes to the SEC and any other public statements issued by AB, may turn out to be wrong. It is important to remember that other factors besides those listed in “Risk Factors” and “Cautions Regarding Forward-Looking Statements”, and those listed above, could also adversely affect AB’s financial condition, results of operations and business prospects.
About AllianceBernstein
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.
As of June 30, 2020, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 35.5% of AllianceBernstein and Equitable Holdings, Inc. ("EQH"), directly and through various subsidiaries, owned an approximate 65.2% economic interest in AllianceBernstein.
Additional information about AB may be found on our website, www.alliancebernstein.com.




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v3.20.2
Cover Page
Jul. 13, 2020
Cover page.  
Document Type 8-K
Document Period End Date Jul. 13, 2020
Entity Registrant Name ALLIANCEBERNSTEIN HOLDING L.P.
Entity Incorporation, State or Country Code DE
Entity File Number 001-09818
Entity Tax Identification Number 13-3434400
Entity Address, Address Line One 1345 Avenue of the Americas
Entity Address, City or Town New York
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10105
City Area Code 212
Local Phone Number 969-1000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Title of 12(b) Security Units rep. assignments of beneficial ownership of limited partnership interests in AB Holding
Trading Symbol AB
Security Exchange Name NYSE
Entity Central Index Key 0000825313
Amendment Flag false