Investment in AB

9 Months Ended

Sep. 30, 2020

Changes in AB Holding’s investment in AB during the nine-month period ended September 30, 2020 are as follows (in thousands):


Investment in AB as of December 31, 2019	$	1,554,203
Equity in net income attributable to AB Unitholders	206,989
Changes in accumulated other comprehensive income	1,426
Cash distributions received from AB	(225,802)
Additional investments with proceeds from exercise of compensatory options to buy AB Holding Units	147
Capital contributions (from) AB	(865)
AB Holding Units retired	(54,823)
AB Holding Units issued to fund long-term incentive compensation plans	10,243
Change in AB Holding Units held by AB for long-term incentive compensation plans	4,745


Investment in AB as of September 30, 2020	$	1,496,263