AB Discovery Growth Fund, Inc.

Portfolio of Investments

October 31, 2023 (unaudited)

Company	Shares		U.S. $ Value
COMMON STOCKS – 96.5%
Information Technology – 23.9%
Electronic Equipment, Instruments & Components – 4.4%
Fabrinet(a) (b)		189,307	$	29,342,585
Littelfuse, Inc.		96,406		20,888,288
Novanta, Inc.(b)		219,102		28,934,610
Shoals Technologies Group, Inc. - Class A(a) (b)		1,343,735		20,639,770
				99,805,253
IT Services – 1.1%
MongoDB, Inc.(b)		75,144		25,893,871
Semiconductors & Semiconductor Equipment – 5.7%
Lattice Semiconductor Corp.(b)		610,675		33,959,637
MACOM Technology Solutions Holdings, Inc.(b)		550,001		38,797,070
Monolithic Power Systems, Inc.		55,178		24,374,330
Universal Display Corp.		244,458		34,023,664
				131,154,701
Software – 12.7%
Fair Isaac Corp.(b)		37,177		31,446,909
Five9, Inc.(b)		619,832		35,869,678
Freshworks, Inc. - Class A(b)		1,874,712		33,632,333
HubSpot, Inc.(b)		42,963		18,206,430
Klaviyo Inc-a(b)		846,765		24,124,335
Manhattan Associates, Inc.(b)		274,261		53,475,410
Monday.com Ltd.(b)		162,317		21,099,587
PTC, Inc.(b)		307,647		43,199,792
Smartsheet, Inc. - Class A(b)		797,494		31,532,913
				292,587,387
				549,441,212
Industrials – 21.4%
Aerospace & Defense – 7.0%
Axon Enterprise, Inc.(b)		282,216		57,710,350
Curtiss-Wright Corp.		198,819		39,527,205
Hexcel Corp.		466,450		28,882,584
Howmet Aerospace, Inc.		790,153		34,845,747
				160,965,886
Building Products – 4.5%
AZEK Co., Inc. (The)(b)		980,080		25,678,096
Builders FirstSource, Inc.(b)		245,721		26,665,643
Carlisle Cos., Inc.		104,127		26,457,629
Lennox International, Inc.		69,000		25,567,260
				104,368,628
Commercial Services & Supplies – 1.6%
Tetra Tech, Inc.		243,015		36,673,394
Ground Transportation – 2.4%
Saia, Inc.(b)		66,627		23,885,113
XPO, Inc.(a) (b)		419,560		31,806,844
				55,691,957

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Company	Shares		U.S. $ Value
Machinery – 2.8%
Ingersoll Rand, Inc.(a)		334,132	$	20,275,130
ITT, Inc.		295,154		27,552,626
Middleby Corp. (The)(b)		150,410		16,976,776
				64,804,532
Professional Services – 1.7%
FTI Consulting, Inc.(b)		181,439		38,512,242
Trading Companies & Distributors – 1.4%
SiteOne Landscape Supply, Inc.(b)		225,702		31,094,965
				492,111,604
Health Care – 18.9%
Biotechnology – 8.9%
Akero Therapeutics, Inc.(b)		224,362		2,674,395
Arcus Biosciences, Inc.(b)		442,561		6,952,633
Ascendis Pharma A/S (ADR)(b)		116,669		10,419,708
Blueprint Medicines Corp.(b)		251,458		14,800,818
Bridgebio Pharma, Inc.(b)		477,816		12,442,329
Halozyme Therapeutics, Inc.(b)		436,577		14,786,863
Intellia Therapeutics, Inc.(a) (b)		285,013		7,139,576
Karuna Therapeutics, Inc.(a) (b)		93,884		15,642,013
Legend Biotech Corp. (ADR)(b)		201,252		13,296,719
Madrigal Pharmaceuticals, Inc.(a) (b)		61,566		8,088,541
MoonLake Immunotherapeutics(b)		159,886		8,283,694
Natera, Inc.(b)		777,359		30,682,360
Sarepta Therapeutics, Inc.(b)		222,184		14,955,205
Ultragenyx Pharmaceutical, Inc.(b)		351,834		12,454,923
Vaxcyte, Inc.(a) (b)		320,598		15,420,764
Viking Therapeutics, Inc.(a) (b)		687,730		6,746,631
Vir Biotechnology, Inc.(b)		536,290		4,252,780
Xenon Pharmaceuticals, Inc.(b)		213,310		6,612,610
				205,652,562
Health Care Equipment & Supplies – 4.9%
AtriCure, Inc.(b)		676,873		23,446,881
iRhythm Technologies, Inc.(b)		276,784		21,733,080
Lantheus Holdings, Inc.(a) (b)		428,251		27,665,014
Shockwave Medical, Inc.(b)		192,126		39,627,909
				112,472,884
Health Care Providers & Services – 2.2%
Guardant Health, Inc.(b)		813,967		21,065,466
Inari Medical, Inc.(b)		488,238		29,640,929
				50,706,395

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Company	Shares		U.S. $ Value
Life Sciences Tools & Services – 2.2%
ICON PLC(a) (b)		105,182	$	25,660,201
Repligen Corp.(b)		183,163		24,646,413
				50,306,614
Pharmaceuticals – 0.7%
Intra-Cellular Therapies, Inc.(b)		311,817		15,516,014
				434,654,469
Consumer Discretionary – 14.6%
Broadline Retail – 0.9%
Global-e Online Ltd.(a) (b)		604,200		21,213,462
Hotels, Restaurants & Leisure – 4.1%
Cava Group, Inc.(a) (b)		686,227		21,677,911
Vail Resorts, Inc.		125,847		26,711,026
Wingstop, Inc.		248,373		45,395,133
				93,784,070
Household Durables – 1.2%
NVR, Inc.(b)		4,915		26,603,027
Specialty Retail – 5.8%
Dynatrace, Inc.(b)		986,052		44,086,385
Five Below, Inc.(a) (b)		296,277		51,546,272
Lithia Motors, Inc.(a)		111,815		27,082,711
Wayfair, Inc. - Class A(a) (b)		257,360		10,966,110
				133,681,478
Textiles, Apparel & Luxury Goods – 2.6%
Deckers Outdoor Corp.(b)		101,219		60,433,816
				335,715,853
Financials – 8.3%
Capital Markets – 2.9%
Ares Management Corp. - Class A		367,110		36,193,375
PJT Partners, Inc. - Class A(a)		388,894		30,473,734
				66,667,109
Financial Services – 2.4%
Flywire Corp.(b)		1,223,069		32,888,325
Shift4 Payments, Inc. - Class A(b)		485,447		21,612,101
				54,500,426
Insurance – 3.0%
Kinsale Capital Group, Inc.		123,086		41,099,646
Ryan Specialty Holdings, Inc.(a) (b)		647,355		27,965,736
				69,065,382
				190,232,917

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Company	Shares		U.S. $ Value
Energy – 4.9%
Energy Equipment & Services – 1.9%
TechnipFMC PLC		2,062,994	$	44,395,631
Oil, Gas & Consumable Fuels – 3.0%
Permian Resources Corp.(a)		2,403,900		35,024,823
Southwestern Energy Co.(b)		4,767,491		33,992,211
				69,017,034
				113,412,665
Consumer Staples – 4.5%
Beverages – 1.8%
Celsius Holdings, Inc.(b)		268,897		40,896,545
Consumer Staples Distribution & Retail – 1.5%
Grocery Outlet Holding Corp.(b)		1,240,928		34,336,478
Food Products – 1.2%
Freshpet, Inc.(a) (b)		480,395		27,574,673
				102,807,696
Total Common Stocks (cost $2,111,521,275)				2,218,376,416
INVESTMENT COMPANIES – 1.4%
Funds and Investment Trusts – 1.4%
iShares Russell 2000 Growth ETF(a) (c) (cost $29,299,181)		156,772		32,450,236
SHORT-TERM INVESTMENTS – 1.5%
Investment Companies – 1.5%
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 5.27%(c) (d) (e) (cost $34,005,413)		34,005,413		34,005,413
Total Investments Before Security Lending Collateral for Securities Loaned – 99.4% (cost $2,174,825,869)				2,284,832,065
INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED – 2.4%
Investment Companies – 2.4%
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 5.27%(c) (d) (e) (cost $54,167,585)		54,167,585		54,167,585
Total Investments – 101.8% (cost $2,228,993,454)(f)				2,338,999,650
Other assets less liabilities – (1.8)%				(40,885,238	)
Net Assets – 100.0%			$	2,298,114,412

(a) Represents entire or partial securities out on loan.

(b) Non-income producing security.

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(c) To obtain a copy of the fund’s shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(d) Affiliated investments.

(e) The rate shown represents the 7-day yield as of period end.

(f) As of October 31, 2023, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $329,873,481 and gross unrealized depreciation of investments was $(219,867,285), resulting in net unrealized appreciation of $110,006,196.

Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard & Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the broad market.

Glossary:

ADR – American Depositary Receipt

ETF – Exchange Traded Fund

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AB Discovery Growth Fund, Inc.

October 31, 2023 (unaudited)

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund’s own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

• Level 1 - quoted prices in active markets for identical investments

• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 - significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

The following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2023:

Investments in Securities:	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks(a)	$	2,218,376,416	$	—	$	—	$	2,218,376,416
Investment Companies		32,450,236		—		—		32,450,236
Short-Term Investments		34,005,413		—		—		34,005,413
Investments of Cash Collateral for Securities Loaned in Affiliated Money Market Fund		54,167,585		—		—		54,167,585
Total Investments in Securities		2,338,999,650		—		—		2,338,999,650
Other Financial Instruments(b)		—		—		—		—
Total	$	2,338,999,650	$	—	$	—	$	2,338,999,650

^(a)  See Portfolio of Investments for sector classifications.

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^(b)  Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.

A summary of the Fund’s transactions in AB mutual funds for the three months ended October 31, 2023 is as follows:

Fund	Market Value 07/31/2023 (000)		Purchases at Cost (000)		Sales Proceeds (000)		Market Value 10/31/2023 (000)		Dividend Income (000)
Government Money Market Portfolio	$	58,623	$	196,874	$	221,492	$	34,005	$	593
Government Money Market Portfolio*		33,955		195,154		174,941		54,168		475
Total	$	92,578	$	392,028	$	396,433	$	88,173	$	1,068

* Investments of cash collateral for securities lending transactions

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