0001752724-21-272912.txt : 20211216 0001752724-21-272912.hdr.sgml : 20211216 20211216125433 ACCESSION NUMBER: 0001752724-21-272912 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211031 FILED AS OF DATE: 20211216 PERIOD START: 20220731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AB LARGE CAP GROWTH FUND INC CENTRAL INDEX KEY: 0000889508 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-06730 FILM NUMBER: 211497106 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 LARGE CAP GROWTH FUND INC DATE OF NAME CHANGE: 20041215 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCEBERNSTEIN PREMIER GROWTH FUND INC DATE OF NAME CHANGE: 20030319 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCE PREMIER GROWTH FUND INC / DATE OF NAME CHANGE: 19981112 0000889508 S000010251 AB LARGE CAP GROWTH FUND INC C000028338 Class A APGAX C000028341 Class C APGCX C000028342 Advisor Class APGYX C000028343 Class R ABPRX C000028344 Class K ALCKX C000028345 Class I ALLIX C000159956 Class Z APGZX NPORT-P 1 primary_doc.xml NPORT-P false 0000889508 XXXXXXXX S000010251 C000028341 C000159956 C000028345 C000028342 C000028344 C000028343 C000028338 AB LARGE CAP GROWTH FUND INC 811-06730 0000889508 549300KG2R9A3RW3L081 ALLIANCEBERNSTEIN LP 1345 AVENUE OF THE AMERICAS NEW YORK 10105 212-969-1000 AB LARGE CAP GROWTH FUND INC S000010251 549300KG2R9A3RW3L081 2022-07-31 2021-10-31 N 19764180062.65 13501137.49 19750678925.16 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 UST EPAM Systems Inc 549300XCR4R530HJP604 EPAM Systems Inc 29414B104 332566.00000000 NS USD 223896733.84000000 1.133615379442 Long EC CORP US N 1 N N N AMETEK Inc 549300WZDEF9KKE40E98 AMETEK Inc 031100100 766685.00000000 NS USD 101509094.00000000 0.513952428595 Long EC CORP US N 1 N N N Vertex Pharmaceuticals Inc 54930015RAQRRZ5ZGJ91 Vertex Pharmaceuticals Inc 92532F100 2290483.00000000 NS USD 423579021.19000000 2.144630181043 Long EC CORP US N 1 N N N Trex Co Inc N/A Trex Co Inc 89531P105 865246.00000000 NS USD 92062174.40000000 0.466121568523 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 UnitedHealth Group Inc 91324P102 1637529.00000000 NS USD 754032978.63000000 3.817757260331 Long EC CORP US N 1 N N N Amphenol Corp 549300D3L3G0R4U4VT04 Amphenol Corp 032095101 1917479.00000000 NS USD 147204862.83000000 0.745315456687 Long EC CORP US N 1 N N N MarketAxess Holdings Inc 5493002U1CA1XJOVID83 MarketAxess Holdings Inc 57060D108 99793.00000000 NS USD 40782405.31000000 0.206486093285 Long EC CORP US N 1 N N N Alliance Bernstein 5493006YWHO7MNK2U579 AB Fixed Income Shares, Inc. - Government Money Market Portfolio 018616748 1117956075.00000000 NS USD 1117956075.00000000 5.660342508914 Long STIV RF US N 1 N N N Costco Wholesale Corp 29DX7H14B9S6O3FD6V18 Costco Wholesale Corp 22160K105 1185240.00000000 NS USD 582592869.60000000 2.949735914434 Long EC CORP US N 1 N N N NIKE Inc 787RXPR0UX0O0XUXPZ81 NIKE Inc 654106103 3405432.00000000 NS USD 569694719.28000000 2.884431069122 Long EC CORP US N 1 N N N Burlington Stores Inc 5299003Z37DVGKKC1W09 Burlington Stores Inc 122017106 599502.00000000 NS USD 165636407.58000000 0.838636525901 Long EC CORP US N 1 N N N Allegion plc 984500560CAC2E6FB757 Allegion PLC 000000000 835582.00000000 NS USD 107205170.60000000 0.542792331373 Long EC CORP IE N 1 N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 Texas Instruments Inc 882508104 362561.00000000 NS USD 67972936.28000000 0.344154935319 Long EC CORP US N 1 N N N PayPal Holdings Inc 5493005X2GO78EFZ3E94 PayPal Holdings Inc 70450Y103 1903455.00000000 NS USD 442724598.45000000 2.241566480461 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 Visa Inc 92826C839 4311132.00000000 NS USD 912968423.64000000 4.622466028127 Long EC CORP US N 1 N N Zoetis Inc 549300HD9Q1LOC9KLJ48 Zoetis Inc 98978V103 3322495.00000000 NS USD 718323419.00000000 3.636955578701 Long EC CORP US N 1 N N N ASML Holding NV 724500Y6DUVHQD6OXN27 ASML Holding NV 000000000 276320.00000000 NS USD 224615001.60000000 1.137252053213 Long EC CORP NL N 1 N N IDEX Corp 549300U5Y5EL6PHYLF13 IDEX Corp 45167R104 453116.00000000 NS USD 100850028.12000000 0.510615500875 Long EC CORP US N 1 N N N Tyler Technologies Inc 25490040SMU4Z8LBCW70 Tyler Technologies Inc 902252105 191174.00000000 NS USD 103849540.28000000 0.525802382153 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 Microsoft Corp 594918104 5255190.00000000 NS USD 1742726107.80000000 8.823626339143 Long EC CORP US N 1 N N N Align Technology Inc 549300N5YSE0U3LCP840 Align Technology Inc 016255101 520177.00000000 NS USD 324782913.49000000 1.644413919747 Long EC CORP US N 1 N N N Veeva Systems Inc 549300YZEXPDB92M2F02 Veeva Systems Inc 922475108 438971.00000000 NS USD 139158196.71000000 0.704574243940 Long EC CORP US N 1 N N N NVIDIA Corp 549300S4KLFTLO7GSQ80 NVIDIA Corp 67066G104 1902762.00000000 NS USD 486479160.54000000 2.463100951533 Long EC CORP US N 1 N N N Adobe Inc FU4LY2G4933NH2E1CP29 Adobe Inc 00724F101 928923.00000000 NS USD 604134362.28000000 3.058803014160 Long EC CORP US N 1 N N N Take-Two Interactive Software Inc BOMSTHHJK882EWYX3334 Take-Two Interactive Software Inc 874054109 870506.00000000 NS USD 157561586.00000000 0.797752758763 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet Inc 02079K107 572759.00000000 NS USD 1698465266.19000000 8.599528515581 Long EC CORP US N 1 N N N Illumina Inc SQ95QG8SR5Q56LSNF682 Illumina Inc 452327109 259233.00000000 NS USD 107597248.98000000 0.544777470119 Long EC CORP US N 1 N N N Fortinet Inc 549300O0QJWDBAS0QX03 Fortinet Inc 34959E109 809564.00000000 NS USD 272288755.76000000 1.378629852633 Long EC CORP US N 1 N N N Etsy Inc 54930089Q7XT501AEA40 Etsy Inc 29786A106 765633.00000000 NS USD 191936536.77000000 0.971797159466 Long EC CORP US N 1 N N Monster Beverage Corp 52990090AP0E7HCB6F33 Monster Beverage Corp 61174X109 4596719.00000000 NS USD 390721115.00000000 1.978266754679 Long EC CORP US N 1 N N N Intuitive Surgical Inc 54930052SRG011710797 Intuitive Surgical Inc 46120E602 1535262.00000000 NS USD 554429166.06000000 2.807139785730 Long EC CORP US N 1 N N N IPG Photonics Corp 5493002KZ51CADQ94G15 IPG Photonics Corp 44980X109 811938.00000000 NS USD 129106261.38000000 0.653680118385 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 Home Depot Inc/The 437076102 1696080.00000000 NS USD 630500779.20000000 3.192299270263 Long EC CORP US N 1 N N N Arista Networks Inc 635400H1WKBLOQERUU95 Arista Networks Inc 040413106 598337.00000000 NS USD 245132685.53000000 1.241135489361 Long EC CORP US N 1 N N N Cognex Corp 549300JQTYZCLC43S226 Cognex Corp 192422103 1032020.00000000 NS USD 90394631.80000000 0.457678605087 Long EC CORP US N 1 N N N Domino's Pizza Inc 25490005ZWM1IF9UXU57 Domino's Pizza Inc 25754A201 294613.00000000 NS USD 144056918.61000000 0.729377046509 Long EC CORP US N 1 N N N Sherwin-Williams Co/The Z15BMIOX8DDH0X2OBP21 Sherwin-Williams Co/The 824348106 565221.00000000 NS USD 178954620.81000000 0.906068198911 Long EC CORP US N 1 N N N Facebook Inc BQ4BKCS1HXDV9HN80Z93 Facebook Inc 30303M102 2959997.00000000 NS USD 957766229.29000000 4.849282563496 Long EC CORP US N 1 N N N Edwards Lifesciences Corp YA13X31F3V31L8TMPR58 Edwards Lifesciences Corp 28176E108 3075628.00000000 NS USD 368521746.96000000 1.865868754975 Long EC CORP US N 1 N N N Roper Technologies Inc 54930003T4SXCIWVXY35 Roper Technologies Inc 776696106 674249.00000000 NS USD 328945859.63000000 1.665491403492 Long EC CORP US N 1 N N N ABIOMED Inc 5493001EZN4ZTB4Z5887 ABIOMED Inc 003654100 252997.00000000 NS USD 84005123.88000000 0.425327778342 Long EC CORP US N 1 N N N PTC Inc 54930050SSMU8SKDJ030 PTC Inc 69370C100 587326.00000000 NS USD 74795966.10000000 0.378700734204 Long EC CORP US N 1 N N N QUALCOMM Inc H1J8DDZKZP6H7RWC0H53 QUALCOMM Inc 747525103 4536046.00000000 NS USD 603475559.84000000 3.055467420267 Long EC CORP US N 1 N N N Chegg Inc 549300AKX7O8JG0O3G77 Chegg Inc 163092109 2318370.00000000 NS USD 137803912.80000000 0.697717345931 Long EC CORP US N 1 N N N Copart Inc 549300KVYX3JWMYEHU61 Copart Inc 217204106 1939327.00000000 NS USD 301158089.83000000 1.524798671332 Long EC CORP US N 1 N N N Electronic Arts Inc 549300O7A67PUEYKDL45 Electronic Arts Inc 285512109 882064.00000000 NS USD 123709476.00000000 0.626355562098 Long EC CORP US N 1 N N N Xilinx Inc 6EY4K7ZMF9UX1CU6KC79 Xilinx Inc 983919101 2043135.00000000 NS USD 367764300.00000000 1.862033712327 Long EC CORP US N 1 N N N Mettler-Toledo International Inc 5493000BD5GJNUDIUG10 Mettler-Toledo International Inc 592688105 47008.00000000 NS USD 69613207.04000000 0.352459818236 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 Amazon.com Inc 023135106 300304.00000000 NS USD 1012754218.72000000 5.127693192510 Long EC CORP US N 1 N N N Motorola Solutions Inc 6S552MUG6KGJVEBSEC55 Motorola Solutions Inc 620076307 302067.00000000 NS USD 75090835.53000000 0.380193692655 Long EC CORP US N 1 N N N IDEXX Laboratories Inc OGMTXK0LUU1HKV2P0J84 IDEXX Laboratories Inc 45168D104 367250.00000000 NS USD 244639915.00000000 1.238640534469 Long EC CORP US N 1 N N N 2021-11-26 AB LARGE CAP GROWTH FUND INC Joseph Mantineo Joseph Mantineo Treasurer and Chief Financial Officer XXXX NPORT-EX 2 NPORT_6456_45252670_1021.htm HTML

AB Large Cap Growth Fund, Inc.

Portfolio of Investments

October 31, 2021 (unaudited)

 

Company    Shares      U.S. $ Value  

COMMON STOCKS – 94.3%

 

Information Technology – 34.5%

 

Communications Equipment – 1.6%

 

Arista Networks, Inc.(a)

     598,337      $            245,132,685  

Motorola Solutions, Inc.

     302,067        75,090,836  
     

 

 

 
        320,223,521  
     

 

 

 

Electronic Equipment, Instruments & Components – 1.8%

 

Amphenol Corp. – Class A

     1,917,479        147,204,863  

Cognex Corp.

     1,032,020        90,394,632  

IPG Photonics Corp.(a)

     811,938        129,106,261  
     

 

 

 
        366,705,756  
     

 

 

 

IT Services – 8.1%

 

EPAM Systems, Inc.(a)

     332,566        223,896,734  

PayPal Holdings, Inc.(a)

     1,968,925        457,952,266  

Visa, Inc. – Class A(b)

     4,311,132        912,968,423  
     

 

 

 
        1,594,817,423  
     

 

 

 

Semiconductors & Semiconductor Equipment – 8.9%

 

ASML Holding NV ADR(b)

     276,320        224,615,002  

NVIDIA Corp.

     1,902,762        486,479,161  

QUALCOMM, Inc.

     4,536,046        603,475,560  

Texas Instruments, Inc.

     362,561        67,972,936  

Xilinx, Inc.

     2,043,135        367,764,300  
     

 

 

 
        1,750,306,959  
     

 

 

 

Software – 14.1%

 

Adobe, Inc.(a)

     928,923        604,134,362  

Fortinet, Inc.(a)

     809,564        272,288,756  

Microsoft Corp.

     5,255,190        1,742,726,108  

PTC, Inc.(a)

     587,326        74,795,966  

Tyler Technologies, Inc.(a)

     175,174        95,158,020  
     

 

 

 
        2,789,103,212  
     

 

 

 
        6,821,156,871  
     

 

 

 

Health Care – 19.3%

 

Biotechnology – 2.3%

 

Vertex Pharmaceuticals, Inc.(a)

     2,396,984        443,274,251  
     

 

 

 

Health Care Equipment & Supplies – 8.0%

 

ABIOMED, Inc.(a)

     252,997        84,005,124  

Align Technology, Inc.(a)

     520,177        324,782,913  

Edwards Lifesciences Corp.(a)

     3,075,628        368,521,747  

IDEXX Laboratories, Inc.(a)

     367,250        244,639,915  

Intuitive Surgical, Inc.(a)

     1,535,262        554,429,166  
     

 

 

 
        1,576,378,865  
     

 

 

 

Health Care Providers & Services – 3.8%

 

UnitedHealth Group, Inc.

            1,637,529        754,032,979  
     

 

 

 

 

1


Company    Shares      U.S. $ Value  

Health Care Technology – 0.7%

 

Veeva Systems, Inc. — Class A(a)

     438,971      $            139,158,197  
     

 

 

 

Life Sciences Tools & Services – 0.9%

 

Illumina, Inc.(a)

     259,233        107,597,249  

Mettler-Toledo International, Inc.(a)

     47,008        69,613,207  
     

 

 

 
        177,210,456  
     

 

 

 

Pharmaceuticals – 3.6%

 

Zoetis, Inc.

     3,322,495        718,323,419  
     

 

 

 
        3,808,378,167  
     

 

 

 

Communication Services – 14.9%

 

Entertainment – 1.4%

 

Electronic Arts, Inc.

     882,064        123,709,476  

Take-Two Interactive Software, Inc.(a)

     843,806        152,728,886  
     

 

 

 
        276,438,362  
     

 

 

 

Interactive Media & Services – 13.5%

 

Alphabet, Inc. – Class C(a)

     572,759        1,698,465,266  

Meta Platforms, Inc. – Class A(a)

            2,959,997        957,766,229  
     

 

 

 
        2,656,231,495  
     

 

 

 
        2,932,669,857  
     

 

 

 

Consumer Discretionary – 14.4%

 

Diversified Consumer Services – 0.7%

 

Chegg, Inc.(a)

     2,318,370        137,803,913  
     

 

 

 

Hotels, Restaurants & Leisure – 0.7%

 

Domino’s Pizza, Inc.

     294,613        144,056,919  
     

 

 

 

Internet & Direct Marketing Retail – 6.1%

 

Amazon.com, Inc.(a)

     300,304        1,012,754,218  

Etsy, Inc.(a) (b)

     765,633        191,936,537  
     

 

 

 
        1,204,690,755  
     

 

 

 

Specialty Retail – 4.0%

 

Burlington Stores, Inc.(a)

     599,502        165,636,408  

Home Depot, Inc. (The)

     1,696,080        630,500,779  
     

 

 

 
        796,137,187  
     

 

 

 

Textiles, Apparel & Luxury Goods – 2.9%

 

NIKE, Inc. – Class B

     3,405,432        569,694,719  
     

 

 

 
        2,852,383,493  
     

 

 

 

Industrials – 5.2%

 

Building Products – 1.0%

 

Allegion PLC

     835,582        107,205,171  

Trex Co., Inc.(a)

     865,246        92,062,174  
     

 

 

 
        199,267,345  
     

 

 

 

Commercial Services & Supplies – 1.5%

 

Copart, Inc.(a)

     1,939,327        301,158,090  
     

 

 

 

 

2


Company    Shares      U.S. $ Value  

Electrical Equipment – 0.5%

 

AMETEK, Inc.

     766,685      $            101,509,094  
     

 

 

 

Industrial Conglomerates – 1.7%

 

Roper Technologies, Inc.

     674,249        328,945,859  
     

 

 

 

Machinery – 0.5%

 

IDEX Corp.

     453,116        100,850,028  
     

 

 

 
        1,031,730,416  
     

 

 

 

Consumer Staples – 4.9%

 

Beverages – 2.0%

 

Monster Beverage Corp.(a)

            4,596,719        390,721,115  
     

 

 

 

Food & Staples Retailing – 2.9%

 

Costco Wholesale Corp.

     1,185,240        582,592,870  
     

 

 

 
        973,313,985  
     

 

 

 

Materials – 0.9%

 

Chemicals – 0.9%

 

Sherwin-Williams Co. (The)

     536,411        169,833,087  
     

 

 

 

Financials – 0.2%

 

Capital Markets – 0.2%

 

MarketAxess Holdings, Inc.

     99,793        40,782,405  
     

 

 

 

Total Common Stocks
(cost $9,708,929,449)

        18,630,248,281  
     

 

 

 

SHORT-TERM INVESTMENTS – 5.7%

 

Investment Companies – 5.7%

 

AB Fixed Income Shares, Inc. – Government Money Market Portfolio – Class AB, 0.01%(c) (d) (e)
(cost $1,117,956,075)

     1,117,956,075        1,117,956,075  
     

 

 

 

Total Investments – 100.0%
(cost $10,826,885,524)(f)

 

     19,748,204,356  

Other assets less liabilities – 0.0%

        6,255,584  
     

 

 

 

Net Assets – 100.0%

      $ 19,754,459,940  
     

 

 

 

 

(a)

Non-income producing security.

(b)

Represents entire or partial securities out on loan.

(c)

Affiliated investments.

(d)

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

(e)

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.

(f)

As of October 31, 2021, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $9,032,855,165 and gross unrealized depreciation of investments was $(111,536,333), resulting in net unrealized appreciation of $8,921,318,832.

 

  

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

 

3


AB Large Cap Growth Fund, Inc.

October 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, 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, 2021:

 

Investments in Securities:

   Level 1      Level 2      Level 3      Total  
Assets:

 

Common Stocks(a)    $ 18,630,248,281      $                 —      $                 —      $ 18,630,248,281  
Short-Term Investments      1,117,956,075                      1,117,956,075  
  

 

 

    

 

 

    

 

 

    

 

 

 
Total Investments in Securities      19,748,204,356                      19,748,204,356  
Other Financial Instruments(b)                            
  

 

 

    

 

 

    

 

 

    

 

 

 
Total    $     19,748,204,356      $      $      $     19,748,204,356  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(a) 

See Portfolio of Investments for sector classifications.

 

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

 

4


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

 

Fund    Market
Value
07/31/2021
(000)
     Purchases
at Cost
(000)
     Sales
Proceeds
(000)
     Market
Value
10/31/2021
(000)
     Dividend
Income
(000)
 
Government Money Market Portfolio    $     1,032,212      $     747,697      $     661,953      $     1,117,956      $     27  

 

5