Equitable Holdings Files SC 13D Amendment for AllianceBernstein

TL;DR

**Equitable Holdings just updated its stake in AllianceBernstein. Big shareholder.**

AI Summary

Equitable Holdings, Inc. has filed an amendment (Amendment No. 30) to its Schedule 13D regarding AllianceBernstein Holding L.P. The filing, dated November 6, 2024, indicates a change in beneficial ownership. Equitable Holdings, Inc. is a significant shareholder in AllianceBernstein Holding L.P.

Why It Matters

This filing updates the market on Equitable Holdings' stake in AllianceBernstein, which could signal changes in their strategic relationship or investment strategy.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can indicate shifts in control or significant investment strategies, requiring investor attention.

Key Numbers

• Amendment No. 30 — Filing Amendment (Indicates this is a significant update to previous filings.)
• 20241106 — Filing Date (The date the amendment was submitted to the SEC.)

Key Players & Entities

• Equitable Holdings, Inc. (company) — Filing entity and significant shareholder
• AllianceBernstein Holding L.P. (company) — Subject company of the filing
• AXA Equitable Holdings, Inc. (company) — Former name of Equitable Holdings, Inc.
• AXA AMERICA HOLDINGS, INC. (company) — Former name of Equitable Holdings, Inc.
• Alliance Capital Management Holding LP (company) — Former name of AllianceBernstein Holding L.P.
• Alliance Capital Management LP (company) — Former name of AllianceBernstein Holding L.P.

FAQ

Filing Documents

• abhlp_13-d_11.6.24.htm (SC 13D) — 154KB
• 0000950170-24-122379.txt ( ) — 156KB

of the Schedule 13D is hereby amended and restated in its entirety as follows

Item 2 of the Schedule 13D is hereby amended and restated in its entirety as follows: This statement is being filed by (i) Equitable Holdings, Inc., a Delaware corporation (“ EQH ”), (ii) Alpha Units Holdings, Inc., a Delaware corporation, which is wholly owned by EQH (“ Alpha Units Holdings ”), and (iii) Alpha Units Holding II, Inc., a Delaware corporation, which is wholly owned by EQH (“ Alpha Units Holding II ”). EQH, Alpha Units Holdings, and Alpha Units Holding II, are hereinafter collectively referred to as the “ Reporting Persons .” EQH . EQH is a holding company for a group of insurance and related financial service companies. The address of EQH’s principal place of business and office is 1345 Avenue of the Americas, New York, New York 10105. Alpha Units Holdings . Alpha Units Holdings is a holding company. The address of Alpha Units Holdings’ principal place of business and office is 1345 Avenue of the Americas, New York, New York 10105. Alpha Units Holding II . Alpha Units Holding II is a holding company. The address of Alpha Units Holding II’s principal place of business and office is 1345 Avenue of the Americas, New York, New York 10105. The (i) name, (ii) residence or business address, (iii) present principal occupation or employment and the name, principal place of business and address of any corporation or other organization in which such employment is conducted and (iv) citizenship of each of the executive officers and directors of each of the Reporting Persons involved in the transactions set forth in Item 5 below are set forth on Exhibits 1 and 2 hereto. None of the Reporting Persons nor, to the knowledge of any Reporting Person, any natural person named in Exhibits 1 and 2 hereto has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was a party to a civil proceeding of a judicial or adm

of the Schedule 13D is hereby amended by inserting the following paragraph at the end thereof

Item 3 of the Schedule 13D is hereby amended by inserting the following paragraph at the end thereof: See Item 4 below. ITEM 4. PURPOSE OF TRANSACTION

of the Schedule 13D is hereby amended by inserting the following paragraph at the end thereof

Item 4 of the Schedule 13D is hereby amended by inserting the following paragraph at the end thereof: On November 4, 2024, EQH purchased 700,000 Units in a privately-negotiated transaction. On September 20, 2024, EQH purchased 500,000 Units in a privately-negotiated transaction. Except as set forth in this statement, none of the Reporting Persons has any plans or proposals described in Item 4(a)-(j) of Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Items 5(a) and (b) are hereby amended by replacing the first paragraph thereof with the below paragraph: (a) & (b) At the close of business on November 4, 2024 and immediately following the transactions described in Item 4 above, EQH beneficially owned directly 3,766,838 Units representing approximately 3.3% of the Units outstanding and 53,780,230 AB Capital Units representing approximately 18.8% of the AB Capital Units outstanding; Alpha Units Holdings beneficially owned directly 1,444,356 Units representing approximately 1.3% of the Units outstanding and 74,406,933 AB Capital Units representing approximately 26.0% of the AB Capital Units outstanding; and Alpha Units Holding II did not beneficially own directly any Units and beneficially owned directly 41,934,582 AB Capital Units representing approximately 14.7% of the AB Capital Units outstanding EQH, Alpha Units Holdings, and Alpha Units Holding II have the sole power to vote or direct the vote and the sole power to dispose or direct the disposition of each of their respective directly owned Units and AB Capital Units. By reason of its ownership interest in Alpha Units Holdings and Alpha Units Holding II, EQH may be deemed to beneficially own indirectly, and to have voting and dispositive power with respect to the 1,444,356 Units owned directly by Alpha Units Holdings which, together with the 3,766,838 Units owned directly by EQH, represent approximately 4.6% of the Units outstanding, and the 74,406,933 AB Capital Units owned directly by Alpha

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: November 6, 2024 EQUITABLE HOLDINGS, INC. By: /s/ Robin M. Raju Name: Robin M. Raju Title: Chief Financial Officer After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: November 6, 2024 ALPHA UNITS HOLDINGS, INC. By: /s/ Robin M. Raju Name: Robin M. Raju Title: Chairman of the Board, President and Chief Executive Officer After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: November 6, 2024 ALPHA UNITS HOLDING II, INC. By /s/ Robin M. Raju Name: Robin M. Raju Title: Chairman of the Board, President and Chief Executive Officer

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View this SC 13D filing on SEC EDGAR