Investment in AB

3 Months Ended

Mar. 31, 2021

Changes in AB Holding’s investment in AB during the three-month period ended March 31, 2021 are as follows (in thousands):


Investment in AB as of December 31, 2020	$	1,605,941
Equity in net income attributable to AB Unitholders	88,907
Changes in accumulated other comprehensive income	(3,036)
Cash distributions received from AB	(106,091)
Additional investments with proceeds from exercise of compensatory options to buy AB Holding Units	1,914
Capital contributions to AB	6,096
AB Holding Units retired	(29,847)
AB Holding Units issued to fund long-term incentive compensation plans	100,861
Change in AB Holding Units held by AB for long-term incentive compensation plans	(31,802)


Investment in AB as of March 31, 2021	$	1,632,943