0001752724-23-086670.txt : 20230425 0001752724-23-086670.hdr.sgml : 20230425 20230425111911 ACCESSION NUMBER: 0001752724-23-086670 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230228 FILED AS OF DATE: 20230425 DATE AS OF CHANGE: 20230425 PERIOD START: 20231130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AB CORE OPPORTUNITIES FUND, INC. CENTRAL INDEX KEY: 0001090504 IRS NUMBER: 000000000 FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-09687 FILM NUMBER: 23843036 BUSINESS ADDRESS: STREET 1: ALLIANCEBERNSTEIN LP STREET 2: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 2129692124 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 CORE OPPORTUNITIES FUND, INC. DATE OF NAME CHANGE: 20100301 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCEBERNSTEIN FOCUSED GROWTH & INCOME FUND INC DATE OF NAME CHANGE: 20041215 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCEBERNSTEIN DISCIPLINED VALUE FUND INC DATE OF NAME CHANGE: 19990714 0001090504 S000009999 AB CORE OPPORTUNITIES FUND, INC. C000027654 Class A ADGAX C000027656 Class C ADGCX C000027657 Class R ADGRX C000027658 Class K ADGKX C000027659 Class I ADGIX C000088731 Advisor Class ADGYX C000135447 Class Z ADGZX NPORT-P 1 primary_doc.xml NPORT-P false 0001090504 XXXXXXXX S000009999 C000027656 C000027654 C000027659 C000027658 C000088731 C000135447 C000027657 AB CORE OPPORTUNITIES FUND, INC. 811-09687 0001090504 549300LTVDJ6CA32D646 ALLIANCEBERNSTEIN LP 1345 AVENUE OF THE AMERICAS NEW YORK 10105 212-969-1000 AB CORE OPPORTUNITIES FUND, INC. S000009999 549300LTVDJ6CA32D646 2023-11-30 2023-02-28 N 164869459.96 820664.75 164048795.21 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 EPAM Systems Inc 549300XCR4R530HJP604 EPAM Systems Inc 29414B104 9200.00000000 NS USD 2830380.00000000 1.725328123487 Long EC CORP US N 1 N N N Cisco Systems Inc 549300LKFJ962MZ46593 Cisco Systems Inc 17275R102 53300.00000000 NS USD 2580786.00000000 1.573181928398 Long EC CORP US N 1 N N N Bank OZK 549300VYK2WBD7SST478 Bank OZK 06417N103 49640.00000000 NS USD 2284929.20000000 1.392835099505 Long EC CORP US N 1 N N N MSCI Inc 549300HTIN2PD78UB763 MSCI Inc 55354G100 4890.00000000 NS USD 2553313.50000000 1.556435386636 Long EC CORP US N 1 N N N Vertex Pharmaceuticals Inc 54930015RAQRRZ5ZGJ91 Vertex Pharmaceuticals Inc 92532F100 15260.00000000 NS USD 4429825.40000000 2.700309620884 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 UnitedHealth Group Inc 91324P102 17836.00000000 NS USD 8488865.84000000 5.174598099994 Long EC CORP US N 1 N N N Philip Morris International Inc HL3H1H2BGXWVG3BSWR90 Philip Morris International Inc 718172109 61000.00000000 NS USD 5935300.00000000 3.618008893269 Long EC CORP US N 1 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co 949746101 62620.00000000 NS USD 2928737.40000000 1.785284309007 Long EC CORP US N 1 N N N PerkinElmer Inc 549300IKL1SDPFI7N655 PerkinElmer Inc 714046109 11532.00000000 NS USD 1436541.24000000 0.875679238095 Long EC CORP US N 1 N N N Genmab A/S 529900MTJPDPE4MHJ122 Genmab A/S 372303206 62026.00000000 NS USD 2329696.56000000 1.420124150877 Long EC CORP DK N 1 N N N Tractor Supply Co 549300OJ9VZHZRO6I137 Tractor Supply Co 892356106 9860.00000000 NS USD 2299943.60000000 1.401987498326 Long EC CORP US N 1 N N N nVent Electric PLC N/A nVent Electric PLC 000000000 44690.00000000 NS USD 2048589.60000000 1.248768451714 Long EC CORP IE N 1 N N N EOG Resources Inc XWTZDRYZPBUHIQBKDB46 EOG Resources Inc 26875P101 16460.00000000 NS USD 1860309.20000000 1.133997477773 Long EC CORP US N 1 N N N NIKE Inc 787RXPR0UX0O0XUXPZ81 NIKE Inc 654106103 19140.00000000 NS USD 2273640.60000000 1.385953854211 Long EC CORP US N 1 N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 Comcast Corp 20030N101 50264.00000000 NS USD 1868312.88000000 1.138876318846 Long EC CORP US N 1 N N N Alliance Bernstein 5493006YWHO7MNK2U579 AB Fixed Income Shares, Inc. - Government Money Market Portfolio 018616748 6558709.42000000 NS USD 6558709.42000000 3.998023521967 Long STIV RF US N 1 N N N Manhattan Associates Inc 529900Q1GJP7KD52SW51 Manhattan Associates Inc 562750109 4946.00000000 NS USD 710987.50000000 0.433400013142 Long EC CORP US N 1 N N N PayPal Holdings Inc 5493005X2GO78EFZ3E94 PayPal Holdings Inc 70450Y103 29730.00000000 NS USD 2188128.00000000 1.333827534179 Long EC CORP US N 1 N N N Phillips 66 5493005JBO5YSIGK1814 Phillips 66 718546104 24960.00000000 NS USD 2559897.60000000 1.560448887614 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 Visa Inc 92826C839 29088.00000000 NS USD 6397614.72000000 3.899824263756 Long EC CORP US N 1 N N N CBRE Group Inc 52990016II9MJ2OSWA10 CBRE Group Inc 12504L109 15710.00000000 NS USD 1337549.40000000 0.815336313983 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 Microsoft Corp 594918104 25030.00000000 NS USD 6242982.60000000 3.805564431002 Long EC CORP US N 1 N N N Houlihan Lokey Inc 549300S3CNGTQ1QZVY46 Houlihan Lokey Inc 441593100 17510.00000000 NS USD 1675707.00000000 1.021468641604 Long EC CORP US N 1 N N N Veeva Systems Inc 549300YZEXPDB92M2F02 Veeva Systems Inc 922475108 13406.00000000 NS USD 2220837.96000000 1.353766699205 Long EC CORP US N 1 N N N Hubbell Inc 54930088VDQ6840Y6597 Hubbell Inc 443510607 4839.00000000 NS USD 1217202.06000000 0.741975616731 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet Inc 02079K107 28550.00000000 NS USD 2578065.00000000 1.571523275559 Long EC CORP US N 1 N N N Helmerich & Payne Inc 254900NAOGHJ88RZ4C73 Helmerich & Payne Inc 423452101 38453.00000000 NS USD 1618102.24000000 0.986354235597 Long EC CORP US N 1 N N N Fortinet Inc 549300O0QJWDBAS0QX03 Fortinet Inc 34959E109 65615.00000000 NS USD 3900155.60000000 2.377436295711 Long EC CORP US N 1 N N N PACCAR Inc KDTEY8BWE486IKZ3CC07 PACCAR Inc 693718108 36120.00000000 NS USD 2607864.00000000 1.589687992930 Long EC CORP US N 1 N N N Axis Capital Holdings Ltd N/A Axis Capital Holdings Ltd 000000000 37738.00000000 NS USD 2291451.36000000 1.396810843424 Long EC CORP BM N 1 N N N Monster Beverage Corp 52990090AP0E7HCB6F33 Monster Beverage Corp 61174X109 44938.00000000 NS USD 4572890.88000000 2.787518722186 Long EC CORP US N 1 N N N Berkshire Hathaway Inc 5493000C01ZX7D35SD85 Berkshire Hathaway Inc 084670702 17350.00000000 NS USD 5294873.00000000 3.227620777843 Long EC CORP US N 1 N N N Roche Holding AG 549300U41AUUVOAAOB37 Roche Holding AG 771195104 124580.00000000 NS USD 4491109.00000000 2.737666554789 Long EC CORP CH N 2 N N N Cadence Design Systems Inc GCT7RXJOGLXPV0NXZY22 Cadence Design Systems Inc 127387108 9860.00000000 NS USD 1902388.40000000 1.159647894740 Long EC CORP US N 1 N N N Southwest Airlines Co UDTZ87G0STFETI6HGH41 Southwest Airlines Co 844741108 18320.00000000 NS USD 615185.60000000 0.375001595843 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 Home Depot Inc/The 437076102 4860.00000000 NS USD 1441184.40000000 0.878509591097 Long EC CORP US N 1 N N N Knight-Swift Transportation Holdings Inc N/A Knight-Swift Transportation Holdings Inc 499049104 37410.00000000 NS USD 2126384.40000000 1.296190195897 Long EC CORP US N 1 N N N Arista Networks Inc 635400H1WKBLOQERUU95 Arista Networks Inc 040413106 21997.00000000 NS USD 3050983.90000000 1.859802686203 Long EC CORP US N 1 N N N ServiceNow Inc 549300HJTQM36M0E1G39 ServiceNow Inc 81762P102 2180.00000000 NS USD 942130.60000000 0.574299005850 Long EC CORP US N 1 N N N Raytheon Technologies Corp I07WOS4YJ0N7YRFE7309 Raytheon Technologies Corp 75513E101 23814.00000000 NS USD 2335915.26000000 1.423914913248 Long EC CORP US N 1 N N N Roper Technologies Inc 54930003T4SXCIWVXY35 Roper Technologies Inc 776696106 7200.00000000 NS USD 3097440.00000000 1.888121150804 Long EC CORP US N 1 N N N LKQ Corp DS830JTTZQN6GK0I2E41 LKQ Corp 501889208 39550.00000000 NS USD 2265819.50000000 1.381186309292 Long EC CORP US N 1 N N N Emerson Electric Co FGLT0EWZSUIRRITFOA30 Emerson Electric Co 291011104 21996.00000000 NS USD 1819289.16000000 1.108992697978 Long EC CORP US N 1 N N N Ulta Beauty Inc 529900CIV6HN8M28YM82 Ulta Beauty Inc 90384S303 2480.00000000 NS USD 1286624.00000000 0.784293477043 Long EC CORP US N 1 N N N QUALCOMM Inc H1J8DDZKZP6H7RWC0H53 QUALCOMM Inc 747525103 11142.00000000 NS USD 1376371.26000000 0.839001138800 Long EC CORP US N 1 N N N Textron Inc 3PPKBHUG1HD6BO7RNR87 Textron Inc 883203101 31773.00000000 NS USD 2304495.69000000 1.404762337358 Long EC CORP US N 1 N N N Copart Inc 549300KVYX3JWMYEHU61 Copart Inc 217204106 32850.00000000 NS USD 2314611.00000000 1.410928374717 Long EC CORP US N 1 N N N NVR Inc 529900RWXR4JI3JYTV70 NVR Inc 62944T105 383.00000000 NS USD 1981496.46000000 1.207870169033 Long EC CORP US N 1 N N N Keysight Technologies Inc 549300GLKVIO8YRCYN02 Keysight Technologies Inc 49338L103 12550.00000000 NS USD 2007498.00000000 1.223720050750 Long EC CORP US N 1 N N N Choice Hotels International Inc 5493003CYRY5RFGTIR97 Choice Hotels International Inc 169905106 12083.00000000 NS USD 1430143.88000000 0.871779569102 Long EC CORP US N 1 N N N Synopsys Inc QG7T915N9S0NY5UKNE63 Synopsys Inc 871607107 4910.00000000 NS USD 1786061.60000000 1.088738017072 Long EC CORP US N 1 N N N Regeneron Pharmaceuticals Inc 549300RCBFWIRX3HYQ56 Regeneron Pharmaceuticals Inc 75886F107 3982.00000000 NS USD 3027992.44000000 1.845787673188 Long EC CORP US N 1 N N N Builders FirstSource Inc 549300W0SKP6L3H7DP63 Builders FirstSource Inc 12008R107 16006.00000000 NS USD 1356988.68000000 0.827186007835 Long EC CORP US N 1 N N N Taiwan Semiconductor Manufacturing Co Ltd 549300KB6NK5SBD14S87 Taiwan Semiconductor Manufacturing Co Ltd 874039100 14170.00000000 NS USD 1233781.90000000 0.752082268218 Long EC CORP TW N 1 N N N Nasdaq Inc 549300L8X1Q78ERXFD06 Nasdaq Inc 631103108 21790.00000000 NS USD 1221547.40000000 0.744624426187 Long EC CORP US N 1 N N N Weyerhaeuser Co 08IRJODWFYBI7QWRGS31 Weyerhaeuser Co 962166104 107340.00000000 NS USD 3354375.00000000 2.044742233983 Long EC US N 1 N N N Waters Corp 5T547R1474YC9HOD8Q74 Waters Corp 941848103 3030.00000000 NS USD 941996.70000000 0.574217383793 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 46625H100 33510.00000000 NS USD 4803658.50000000 2.928188831774 Long EC CORP US N 1 N N N Westinghouse Air Brake Technologies Corp 06BTX5UWZD0GQ5N5Y745 Westinghouse Air Brake Technologies Corp 929740108 9600.00000000 NS USD 1001568.00000000 0.610530542889 Long EC CORP US N 1 N N N Motorola Solutions Inc 6S552MUG6KGJVEBSEC55 Motorola Solutions Inc 620076307 7788.00000000 NS USD 2046764.28000000 1.247655782768 Long EC CORP US N 1 N N N IDEXX Laboratories Inc OGMTXK0LUU1HKV2P0J84 IDEXX Laboratories Inc 45168D104 7638.00000000 NS USD 3614607.12000000 2.203373158195 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 ConocoPhillips 20825C104 21210.00000000 NS USD 2192053.50000000 1.336220419780 Long EC CORP US N 1 N N N 2023-03-30 AB CORE OPPORTUNITIES FUND, INC. Joseph Mantineo Joseph Mantineo Treasuer and Chief Financial Officer XXXX NPORT-EX 2 NPORT_64B1_51036415_0223.htm HTML

AB Core Opportunities Fund, Inc.

Portfolio of Investments

February 28, 2023 (unaudited)

 

Company    Shares        U.S. $ Value  

COMMON STOCKS – 97.2%

 

Information Technology – 25.9%

 

Communications Equipment – 4.8%

 

Arista Networks, Inc.(a)

     21,997        $ 3,050,984  

Cisco Systems, Inc.

     56,650          2,742,993  

Motorola Solutions, Inc.

     7,788          2,046,764  
       

 

 

 
          7,840,741  
       

 

 

 

Electronic Equipment, Instruments & Components – 1.2%

 

Keysight Technologies, Inc.(a)

     12,550          2,007,498  
       

 

 

 

IT Services – 6.8%

 

EPAM Systems, Inc.(a)

     8,300          2,553,495  

PayPal Holdings, Inc.(a)

     29,730          2,188,128  

Visa, Inc. - Class A

     29,088          6,397,615  
       

 

 

 
          11,139,238  
       

 

 

 

Semiconductors & Semiconductor Equipment – 2.1%

 

QUALCOMM, Inc.

     18,372          2,269,493  

Taiwan Semiconductor Manufacturing Co., Ltd. (Sponsored ADR)

     14,170          1,233,782  
       

 

 

 
          3,503,275  
       

 

 

 

Software – 11.0%

 

Cadence Design Systems, Inc.(a)

     8,000          1,543,520  

Fortinet, Inc.(a)

     65,615          3,900,156  

Manhattan Associates, Inc.(a)

     4,326          621,862  

Microsoft Corp.

     25,030          6,242,982  

Roper Technologies, Inc.

     7,200          3,097,440  

ServiceNow, Inc.(a)

     2,180          942,131  

Synopsys, Inc.(a)

     4,910          1,786,062  
       

 

 

 
          18,134,153  
       

 

 

 
                42,624,905  
       

 

 

 

Health Care – 19.3%

 

Biotechnology – 6.1%

 

Genmab A/S (Sponsored ADR)(a)

     66,351          2,492,144  

Regeneron Pharmaceuticals, Inc.(a)

     3,982          3,027,992  

Vertex Pharmaceuticals, Inc.(a)

     15,260          4,429,825  
       

 

 

 
          9,949,961  
       

 

 

 

Health Care Equipment & Supplies – 2.2%

 

IDEXX Laboratories, Inc.(a)

     7,638          3,614,607  
       

 

 

 

Health Care Providers & Services – 5.2%

 

UnitedHealth Group, Inc.

     17,836          8,488,866  
       

 

 

 

Health Care Technology – 1.3%

 

Veeva Systems, Inc. - Class A(a)

     13,406          2,220,838  
       

 

 

 

Life Sciences Tools & Services – 1.8%

 

PerkinElmer, Inc.

     11,532          1,436,541  

Waters Corp.(a)

     4,660          1,448,748  
       

 

 

 
          2,885,289  
       

 

 

 

 

1


Company    Shares        U.S. $ Value  

Pharmaceuticals – 2.7%

 

Roche Holding AG (Sponsored ADR)

     124,580        $ 4,491,109  
       

 

 

 
                31,650,670  
       

 

 

 

Financials – 14.2%

 

Banks – 6.1%

 

Bank OZK

     49,640          2,284,929  

JPMorgan Chase & Co.

     33,510          4,803,659  

Wells Fargo & Co.

     62,620          2,928,737  
       

 

 

 
          10,017,325  
       

 

 

 

Capital Markets – 3.5%

 

Houlihan Lokey, Inc.

     20,470          1,958,979  

MSCI, Inc.

     4,890          2,553,314  

Nasdaq, Inc.

     21,790          1,221,547  
       

 

 

 
          5,733,840  
       

 

 

 

Diversified Financial Services – 3.2%

 

Berkshire Hathaway, Inc. - Class B(a)

     17,350          5,294,873  
       

 

 

 

Insurance – 1.4%

 

Axis Capital Holdings Ltd.

     37,738          2,291,451  
       

 

 

 
          23,337,489  
       

 

 

 

Industrials – 12.2%

 

Aerospace & Defense – 2.8%

 

Raytheon Technologies Corp.

     23,814          2,335,915  

Textron, Inc.

     31,773          2,304,496  
       

 

 

 
          4,640,411  
       

 

 

 

Airlines – 0.4%

 

Southwest Airlines Co.

     18,320          615,186  
       

 

 

 

Building Products – 0.8%

 

Builders FirstSource, Inc.(a)

     16,006          1,356,989  
       

 

 

 

Commercial Services & Supplies – 1.4%

 

Copart, Inc.(a)

     32,850          2,314,611  
       

 

 

 

Electrical Equipment – 3.3%

 

Emerson Electric Co.

     21,996          1,819,289  

Hubbell, Inc.

     4,839          1,217,202  

nVent Electric PLC

     49,720          2,279,165  
       

 

 

 
          5,315,656  
       

 

 

 

Machinery – 2.2%

 

PACCAR, Inc.

     36,120          2,607,864  

Westinghouse Air Brake Technologies Corp.

     9,600          1,001,568  
       

 

 

 
          3,609,432  
       

 

 

 

Road & Rail – 1.3%

 

Knight-Swift Transportation Holdings, Inc.

     37,410          2,126,384  
       

 

 

 
          19,978,669  
       

 

 

 

 

2


Company    Shares        U.S. $ Value  

Consumer Discretionary – 8.1%

 

Distributors – 1.4%

 

LKQ Corp.

     39,550        $ 2,265,819  
       

 

 

 

Hotels, Restaurants & Leisure – 0.9%

 

Choice Hotels International, Inc.

     12,083          1,430,144  
       

 

 

 

Household Durables – 1.4%

 

NVR, Inc.(a)

     443          2,291,914  
       

 

 

 

Specialty Retail – 3.0%

 

Home Depot, Inc. (The)

     4,860          1,441,184  

Tractor Supply Co.

     9,860          2,299,944  

Ulta Beauty, Inc.(a)

     2,480          1,286,624  
       

 

 

 
          5,027,752  
       

 

 

 

Textiles, Apparel & Luxury Goods – 1.4%

 

NIKE, Inc. - Class B

     19,140          2,273,641  
       

 

 

 
                13,289,270  
       

 

 

 

Consumer Staples – 6.7%

 

Beverages – 2.9%

 

Monster Beverage Corp.(a)

     46,248          4,706,196  
       

 

 

 

Tobacco – 3.8%

 

Philip Morris International, Inc.

     64,940          6,318,662  
       

 

 

 
          11,024,858  
       

 

 

 

Energy – 5.2%

 

Energy Equipment & Services – 1.2%

 

Helmerich & Payne, Inc.

     46,353          1,950,534  
       

 

 

 

Oil, Gas & Consumable Fuels – 4.0%

 

ConocoPhillips

     21,210          2,192,054  

EOG Resources, Inc.

     16,460          1,860,309  

Phillips 66

     24,960          2,559,898  
       

 

 

 
          6,612,261  
       

 

 

 
          8,562,795  
       

 

 

 

Real Estate – 2.9%

 

Equity Real Estate Investment Trusts (REITs) – 2.1%

 

Weyerhaeuser Co.

     107,340          3,354,375  
       

 

 

 

Real Estate Management & Development – 0.8%

 

CBRE Group, Inc. - Class A(a)

     15,710          1,337,549  
       

 

 

 
          4,691,924  
       

 

 

 

Communication Services – 2.7%

 

Diversified Telecommunication Services – 1.1%

 

Comcast Corp. - Class A

     50,264          1,868,313  
       

 

 

 

Interactive Media & Services – 1.6%

 

Alphabet, Inc. - Class C(a)

     28,550          2,578,065  
       

 

 

 
          4,446,378  
       

 

 

 

Total Common Stocks
(cost $134,018,255)

          159,606,958  
       

 

 

 

 

3


Company    Shares        U.S. $ Value  

SHORT-TERM INVESTMENTS – 4.0%

 

Investment Companies – 4.0%

 

AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 4.40%(b) (c) (d)
(cost $6,558,709)

     6,558,709        $ 6,558,709  
       

 

 

 

Total Investments – 101.2%
(cost $140,576,964)(e)

 

       166,165,667  

Other assets less liabilities – (1.2)%

          (1,904,775
       

 

 

 

Net Assets – 100.0%

        $     164,260,892  
       

 

 

 

 

(a)

Non-income producing security.

(b)

Affiliated investments.

(c)

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

(d)

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.

(e)

As of February 28, 2023, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $27,627,439 and gross unrealized depreciation of investments was $(2,038,736), resulting in net unrealized appreciation of $25,588,703.

 

  

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

REIT – Real Estate Investment Trust

 

4


AB Core Opportunities Fund, Inc.

February 28, 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 February 28, 2023:

 

Investments in Securities:

   Level 1      Level 2      Level 3      Total  
Assets:

 

Common Stocks:            

Information Technology

   $ 42,624,905      $      $                 —      $ 42,624,905  

Health Care

     27,159,561        4,491,109               31,650,670  

Financials

     23,337,489                      23,337,489  

Industrials

     19,978,669                      19,978,669  

Consumer Discretionary

     13,289,270                      13,289,270  

Consumer Staples

     11,024,858                      11,024,858  

Energy

     8,562,795                      8,562,795  

Real Estate

     4,691,924                      4,691,924  

Communication Services

     4,446,378                      4,446,378  
Short-Term Investments      6,558,709                      6,558,709  
  

 

 

    

 

 

    

 

 

    

 

 

 
Total Investments in Securities      161,674,558        4,491,109               166,165,667  
Other Financial Instruments(a)                            
  

 

 

    

 

 

    

 

 

    

 

 

 
Total    $     161,674,558      $     4,491,109      $      $     166,165,667  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(a) 

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.

 

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A summary of the Fund’s transactions in AB mutual funds for the three months ended February 28, 2023 is as follows:

 

Fund    Market Value
11/30/2022
(000)
     Purchases
at Cost
(000)
     Sales
Proceeds
(000)
     Market Value
02/28/2023
(000)
     Dividend
Income
(000)
 
Government Money Market Portfolio    $     9,882      $     20,003      $     23,326      $     6,559      $     68  

 

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