0001752724-21-112757.txt : 20210526 0001752724-21-112757.hdr.sgml : 20210526 20210526144039 ACCESSION NUMBER: 0001752724-21-112757 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210526 PERIOD START: 20211231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AB CAP FUND, INC. CENTRAL INDEX KEY: 0000081443 IRS NUMBER: 132625045 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-01716 FILM NUMBER: 21965103 BUSINESS ADDRESS: STREET 1: ALLIANCEBERNSTEIN LP STREET 2: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 2129691000 MAIL ADDRESS: STREET 1: ALLIANCEBERNSTEIN LP STREET 2: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCEBERNSTEIN CAP FUND, INC. DATE OF NAME CHANGE: 20110524 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCEBERNSTEIN CAP FUND,INC DATE OF NAME CHANGE: 20040908 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCEBERNSTEIN SMALL CAP GROWTH FUND INC DATE OF NAME CHANGE: 19931001 0000081443 S000056729 AB FlexFee US Thematic Portfolio C000180082 Advisor Class FFTYX NPORT-P 1 primary_doc.xml NPORT-P false 0000081443 XXXXXXXX S000056729 C000180082 AB CAP FUND, INC. 811-01716 0000081443 549300I24E20QB4B6Y20 ALLIANCEBERNSTEIN LP 1345 AVENUE OF THE AMERICAS NEW YORK 10105 212-969-1000 AB FlexFee US Thematic Portfolio S000056729 549300OJNZ0OBIZOS642 2021-12-31 2021-03-31 N 206923321.53 217990.87 206705330.66 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N Alliance Bernstein 5493006YWHO7MNK2U579 AB Fixed Income Shares, Inc. - Government Money Market Portfolio 018616748 11986141.46000000 NS USD 11986141.46000000 5.798661031976 Long STIV RF US N 1 N N N MSCI Inc 549300HTIN2PD78UB763 MSCI Inc 55354G100 10654.00000000 NS USD 4467009.12000000 2.161051727953 Long EC CORP US N 1 N N N American Water Works Co Inc 549300DXHIJQMD5WFW18 American Water Works Co Inc 030420103 24035.00000000 NS USD 3603327.20000000 1.743219291198 Long EC CORP US N 1 N N N Trex Co Inc N/A Trex Co Inc 89531P105 52883.00000000 NS USD 4840909.82000000 2.341937580682 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 UnitedHealth Group Inc 91324P102 7383.00000000 NS USD 2746992.81000000 1.328941445887 Long EC CORP US N 1 N N N NextEra Energy Inc N/A NextEra Energy Inc 65339F101 65836.00000000 NS USD 4977859.96000000 2.408191382440 Long EC CORP US N 1 N N N NIKE Inc 787RXPR0UX0O0XUXPZ81 NIKE Inc 654106103 35144.00000000 NS USD 4670286.16000000 2.259393187920 Long EC CORP US N 1 N N N SVB Financial Group 549300D2KJ20JMXE7542 SVB Financial Group 78486Q101 10790.00000000 NS USD 5326591.40000000 2.576900838982 Long EC CORP US N 1 N N N Bruker Corp LEBZ6VLQ6I8XB1NHVY15 Bruker Corp 116794108 79236.00000000 NS USD 5093290.08000000 2.464034219019 Long EC CORP US N 1 N N N Flex Ltd 549300EAQH74YHD07T53 Flex Ltd 000000000 311922.00000000 NS USD 5711291.82000000 2.763011385223 Long EC CORP SG N 1 N N N Tetra Tech Inc 549300UJ1LP7JGJC5P32 Tetra Tech Inc 88162G103 21039.00000000 NS USD 2855413.08000000 1.381393054007 Long EC CORP US N 1 N N N PayPal Holdings Inc 5493005X2GO78EFZ3E94 PayPal Holdings Inc 70450Y103 18015.00000000 NS USD 4374762.60000000 2.116424664052 Long EC CORP US N 1 N N N MAXIMUS Inc 549300DQCDS8HJ7QF202 MAXIMUS Inc 577933104 39022.00000000 NS USD 3474518.88000000 1.680904342866 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 Visa Inc 92826C839 20052.00000000 NS USD 4245609.96000000 2.053943140432 Long EC CORP US N 1 N N N Square Inc 549300OHIIUWSTIZME52 Square Inc 852234103 15095.00000000 NS USD 3427319.75000000 1.658070326032 Long EC CORP US N 1 N N N Procter & Gamble Co/The 2572IBTT8CCZW6AU4141 Procter & Gamble Co/The 742718109 22135.00000000 NS USD 2997743.05000000 1.450249512399 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 Microsoft Corp 594918104 20136.00000000 NS USD 4747464.72000000 2.296730667197 Long EC CORP US N 1 N N N Vestas Wind Systems A/S 549300DYMC8BGZZC8844 Vestas Wind Systems A/S 925458101 63206.00000000 NS USD 4409882.62000000 2.133415043491 Long EC CORP DK N 1 N N N Intercontinental Exchange Inc 5493000F4ZO33MV32P92 Intercontinental Exchange Inc 45866F104 40570.00000000 NS USD 4530857.60000000 2.191940374993 Long EC CORP US N 1 N N N Rockwell Automation Inc VH3R4HHBHH12O0EXZJ88 Rockwell Automation Inc 773903109 17695.00000000 NS USD 4696960.80000000 2.272297857536 Long EC CORP US N 1 N N N Cree Inc 549300OGU88P3AW3TO93 Cree Inc 225447101 19273.00000000 NS USD 2083989.49000000 1.008193394599 Long EC CORP US N 1 N N N NVIDIA Corp 549300S4KLFTLO7GSQ80 NVIDIA Corp 67066G104 3795.00000000 NS USD 2026264.35000000 0.980267099803 Long EC CORP US N 1 N N N Adobe Inc FU4LY2G4933NH2E1CP29 Adobe Inc 00724F101 8636.00000000 NS USD 4105295.32000000 1.986061659315 Long EC CORP US N 1 N N N Waste Management Inc 549300YX8JIID70NFS41 Waste Management Inc 94106L109 39384.00000000 NS USD 5081323.68000000 2.458245108520 Long EC CORP US N 1 N N N Proofpoint Inc 529900C5FODDK0WSR085 Proofpoint Inc 743424103 30986.00000000 NS USD 3897728.94000000 1.885645100469 Long EC CORP US N 1 N N N Xylem Inc/NY 549300DF5MV96DRYLQ48 Xylem Inc/NY 98419M100 43112.00000000 NS USD 4534520.16000000 2.193712249955 Long EC CORP US N 1 N N N Zendesk Inc 549300SLI6BN94BKKO36 Zendesk Inc 98936J101 21309.00000000 NS USD 2825999.58000000 1.367163377440 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 Home Depot Inc/The 437076102 15659.00000000 NS USD 4779909.75000000 2.312426938743 Long EC CORP US N 1 N N N Lumentum Holdings Inc 549300JLWRRC38DWEF52 Lumentum Holdings Inc 55024U109 46997.00000000 NS USD 4293175.95000000 2.076954636966 Long EC CORP US N 1 N N N SBA Communications Corp 5299001HX8ZN8Y8QIT49 SBA Communications Corp 78410G104 11946.00000000 NS USD 3315612.30000000 1.604028444459 Long EC US N 1 N N N Ciena Corp W0CZ7N0GH8UIGXDM1H41 Ciena Corp 171779309 72858.00000000 NS USD 3986789.76000000 1.928730984958 Long EC CORP US N 1 N N N Aflac Inc 549300N0B7DOGLXWPP39 Aflac Inc 001055102 83199.00000000 NS USD 4258124.82000000 2.059997585163 Long EC CORP US N 1 N N N Laboratory Corp of America Holdings OZ7UA8IXAIFILY2VZH07 Laboratory Corp of America Holdings 50540R409 22811.00000000 NS USD 5817489.33000000 2.814387665487 Long EC CORP US N 1 N N N Monolithic Power Systems Inc 529900TB7O85LSZ1XU31 Monolithic Power Systems Inc 609839105 5744.00000000 NS USD 2028838.24000000 0.981512297492 Long EC CORP US N 1 N N N Alcon Inc 549300LDT5AP8S0NBM78 Alcon Inc 000000000 61875.00000000 NS USD 4342387.50000000 2.100762223274 Long EC CORP CH N 1 N N N Bio-Rad Laboratories Inc 549300ZC1GPV35XYDK53 Bio-Rad Laboratories Inc 090572207 9201.00000000 NS USD 5255335.17000000 2.542428467238 Long EC CORP US N 1 N N N Keysight Technologies Inc 549300GLKVIO8YRCYN02 Keysight Technologies Inc 49338L103 21244.00000000 NS USD 3046389.60000000 1.473783762747 Long EC CORP US N 1 N N N Twilio Inc 5493004W8TRGD63APX93 Twilio Inc 90138F102 6052.00000000 NS USD 2062279.52000000 0.997690535321 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 Apple Inc 037833100 36795.00000000 NS USD 4494509.25000000 2.174355753501 Long EC CORP US N 1 N N N Danaher Corp S4BKK9OTCEWQ3YHPFM11 Danaher Corp 235851102 22117.00000000 NS USD 4978094.36000000 2.408304780580 Long EC CORP US N 1 N N N ANSYS Inc 549300VJV8H15Z5FJ571 ANSYS Inc 03662Q105 9073.00000000 NS USD 3080827.88000000 1.490444329695 Long EC CORP US N 1 N N N NXP Semiconductors NV 724500M9BY5293JDF951 NXP Semiconductors NV 000000000 24336.00000000 NS USD 4899810.24000000 2.370432452977 Long EC CORP NL N 1 N N N Hexcel Corp S6Q7LW43WUBUHXY2QP69 Hexcel Corp 428291108 67734.00000000 NS USD 3793104.00000000 1.835029598844 Long EC CORP US N 1 N N N Aptiv PLC N/A Aptiv PLC 000000000 36634.00000000 NS USD 5051828.60000000 2.443975965143 Long EC CORP JE N 1 N N N STERIS PLC N/A STERIS PLC 000000000 23252.00000000 NS USD 4429040.96000000 2.142683474034 Long EC CORP IE N 1 N N N TopBuild Corp 5493007YSKHOL4RWII46 TopBuild Corp 89055F103 19598.00000000 NS USD 4104409.14000000 1.985632942747 Long EC CORP US N 1 N N N Motorola Solutions Inc 6S552MUG6KGJVEBSEC55 Motorola Solutions Inc 620076307 22551.00000000 NS USD 4240715.55000000 2.051575320510 Long EC CORP US N 1 N N N Koninklijke Philips NV H1FJE8H61JGM1JSGM897 Koninklijke Philips NV 500472303 91281.00000000 NS USD 5205755.43000000 2.518442757803 Long EC CORP NL N 1 N N N 2021-04-28 AB CAP FUND, INC. Joseph Mantineo Joseph Mantineo Treasuer and Chief Financial Officer XXXX NPORT-EX 2 NPORT_3119_BBH_9136672542.htm HTML

AB Cap Fund, Inc.

AB FlexFee US Thematic Portfolio

Portfolio of Investments

March 31, 2021 (unaudited)

 

Company    Shares        U.S. $ Value  

COMMON STOCKS – 93.3%

 

Information Technology – 35.3%

 

Communications Equipment – 6.1%

 

Ciena Corp.(a)

     72,858        $         3,986,790  

Lumentum Holdings, Inc.(a)

     46,997          4,293,176  

Motorola Solutions, Inc.

     22,551          4,240,715  
       

 

 

 
          12,520,681  
       

 

 

 

Electronic Equipment, Instruments & Components – 4.2%

       

Flex Ltd.(a)

     311,922          5,711,292  

Keysight Technologies, Inc.(a)

     21,244          3,046,389  
       

 

 

 
          8,757,681  
       

 

 

 

IT Services – 8.5%

       

MAXIMUS, Inc.

     39,022          3,474,519  

PayPal Holdings, Inc.(a)

     18,015          4,374,763  

Square, Inc. - Class A(a)

     15,095          3,427,320  

Twilio, Inc. - Class A(a)

     6,052          2,062,279  

Visa, Inc. - Class A

     20,052          4,245,610  
       

 

 

 
          17,584,491  
       

 

 

 

Semiconductors & Semiconductor Equipment – 5.3%

       

Cree, Inc.(a)

     19,273          2,083,990  

Monolithic Power Systems, Inc.

     5,744          2,028,838  

NVIDIA Corp.

     3,795          2,026,264  

NXP Semiconductors NV

     24,336          4,899,810  
       

 

 

 
          11,038,902  
       

 

 

 

Software – 9.0%

       

Adobe, Inc.(a)

     8,636          4,105,295  

ANSYS, Inc.(a)

     9,073          3,080,828  

Microsoft Corp.

            20,136          4,747,465  

Proofpoint, Inc.(a)

     30,986          3,897,729  

Zendesk, Inc.(a)

     21,309          2,826,000  
       

 

 

 
          18,657,317  
       

 

 

 

Technology Hardware, Storage & Peripherals – 2.2%

       

Apple, Inc.

     36,795          4,494,509  
       

 

 

 
          73,053,581  
       

 

 

 

Health Care – 18.3%

       

Health Care Equipment & Supplies – 9.2%

       

Alcon, Inc.(a)

     61,875          4,342,388  

Danaher Corp.

     22,117          4,978,094  

Koninklijke Philips NV (ADR)(a)

     91,281          5,205,756  

STERIS PLC

     23,252          4,429,041  
       

 

 

 
          18,955,279  
       

 

 

 

Health Care Providers & Services – 4.1%

       

Laboratory Corp. of America Holdings(a)

     22,811          5,817,489  

UnitedHealth Group, Inc.

     7,383          2,746,993  
       

 

 

 
          8,564,482  
       

 

 

 

 

1


Company    Shares        U.S. $ Value  

Life Sciences Tools & Services – 5.0%

 

Bio-Rad Laboratories, Inc. - Class A(a)

     9,201        $         5,255,335  

Bruker Corp.

     79,236          5,093,290  
       

 

 

 
          10,348,625  
       

 

 

 
          37,868,386  
       

 

 

 

Industrials – 14.6%

       

Aerospace & Defense – 1.8%

       

Hexcel Corp.(a)

     67,734          3,793,104  
       

 

 

 

Building Products – 2.4%

       

Trex Co., Inc.(a)

     52,883          4,840,910  
       

 

 

 

Commercial Services & Supplies – 3.8%

       

Tetra Tech, Inc.

     21,039          2,855,413  

Waste Management, Inc.

     39,384          5,081,324  
       

 

 

 
          7,936,737  
       

 

 

 

Electrical Equipment – 4.4%

       

Rockwell Automation, Inc.

     17,695          4,696,961  

Vestas Wind Systems A/S (Sponsored ADR)

     63,206          4,409,882  
       

 

 

 
          9,106,843  
       

 

 

 

Machinery – 2.2%

       

Xylem, Inc./NY

     43,112          4,534,520  
       

 

 

 
          30,212,114  
       

 

 

 

Consumer Discretionary – 9.0%

       

Auto Components – 2.4%

       

Aptiv PLC(a)

            36,634          5,051,829  
       

 

 

 

Household Durables – 2.0%

       

TopBuild Corp.(a)

     19,598          4,104,409  
       

 

 

 

Specialty Retail – 2.3%

       

Home Depot, Inc. (The)

     15,659          4,779,910  
       

 

 

 

Textiles, Apparel & Luxury Goods – 2.3%

       

NIKE, Inc. - Class B

     35,144          4,670,286  
       

 

 

 
          18,606,434  
       

 

 

 

Financials – 9.0%

       

Banks – 2.6%

       

SVB Financial Group(a)

     10,790          5,326,591  
       

 

 

 

Capital Markets – 4.3%

       

Intercontinental Exchange, Inc.

     40,570          4,530,858  

MSCI, Inc. - Class A

     10,654          4,467,009  
       

 

 

 
          8,997,867  
       

 

 

 

Insurance – 2.1%

       

Aflac, Inc.

     83,199          4,258,125  
       

 

 

 
          18,582,583  
       

 

 

 

 

2


Company    Shares        U.S. $ Value  

Utilities – 4.1%

 

Electric Utilities – 2.4%

 

NextEra Energy, Inc.

     65,836        $ 4,977,860  
       

 

 

 

Water Utilities – 1.7%

       

American Water Works Co., Inc.

     24,035          3,603,327  
       

 

 

 
          8,581,187  
       

 

 

 

Real Estate – 1.6%

       

Equity Real Estate Investment Trusts (REITs) – 1.6%

       

SBA Communications Corp.

     11,946          3,315,612  
       

 

 

 

Consumer Staples – 1.4%

       

Household Products – 1.4%

       

Procter & Gamble Co. (The)

     22,135          2,997,743  
       

 

 

 

Total Common Stocks
(cost $136,913,604)

          193,217,640  
       

 

 

 

SHORT-TERM INVESTMENTS – 5.8%

       

Investment Companies – 5.8%

       

AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 0.01%(b) (c) (d)
(cost $11,986,142)

     11,986,142          11,986,142  
       

 

 

 

Total Investments – 99.1%
(cost $148,899,746)(e)

          205,203,782  

Other assets less liabilities – 0.9%

          1,810,704  
       

 

 

 

Net Assets – 100.0%

        $     207,014,486  
       

 

 

 

 

(a)

Non-income producing security.

(b)

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

(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, or call AB at (800) 227-4618.

(d)

Affiliated investments.

(e)

As of March 31, 2021, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $56,466,380 and gross unrealized depreciation of investments was $(162,344), resulting in net unrealized appreciation of $56,304,036.

Glossary:

ADR American Depositary Receipt

REIT Real Estate Investment Trust

 

3


AB Cap Fund, Inc.

AB FlexFee US Thematic Portfolio

March 31, 2021 (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, 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 March 31, 2021:

 

Investments in Securities

   Level 1      Level 2      Level 3      Total  
Assets:            
Common Stocks^    $ 193,217,640      $ -0-      $ -0-      $ 193,217,640  
Short-Term Investments:            

Investment Companies

     11,986,142        -0-        -0-        11,986,142  
  

 

 

    

 

 

    

 

 

    

 

 

 
Total Investments in Securities      205,203,782        -0-        -0-        205,203,782  
Other Financial Instruments*      -0-        -0-        -0-        -0-  
  

 

 

    

 

 

    

 

 

    

 

 

 
Total    $     205,203,782      $                 -0-      $                 -0-      $     205,203,782  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

^

See Portfolio of Investments for sector classifications.

*

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, options written and swaptions written which are valued at market value.

A summary of the Fund’s transactions in AB mutual funds for the three months ended March 31, 2021 is as follows:

 

Fund    Market Value
12/31/20
(000)
     Purchases
at Cost
(000)
     Sales
Proceeds
(000)
     Market Value
3/31/21
(000)
     Dividend
Income
(000)
 
Government Money Market Portfolio    $     9,523      $     31,876      $     29,413      $ 11,986      $ 0
Government Money Market Portfolio**      178        3,883        4,061        -0-        0
Total                               $     11,986      $     0

 

*

Amount is less than $500.

**

Investment of cash collateral for securities lending transactions.

 

4