0001752724-22-147442.txt : 20220624 0001752724-22-147442.hdr.sgml : 20220624 20220624161712 ACCESSION NUMBER: 0001752724-22-147442 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220430 FILED AS OF DATE: 20220624 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: 221040333 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 2022-04-30 N 16440590056.42 12689722.74 16427900333.68 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 0.04000000 UST EPAM Systems Inc 549300XCR4R530HJP604 EPAM Systems Inc 29414B104 573630.00000000 NS USD 152006213.70000000 0.925293011355 Long EC CORP US N 1 N N N Zebra Technologies Corp PO0I32GKZ3HZMMDPZZ08 Zebra Technologies Corp 989207105 526654.00000000 NS USD 194682917.64000000 1.185074864624 Long EC CORP US N 1 N N N AMETEK Inc 549300WZDEF9KKE40E98 AMETEK Inc 031100100 1111345.00000000 NS USD 140318419.70000000 0.854147011181 Long EC CORP US N 1 N N N Vertex Pharmaceuticals Inc 54930015RAQRRZ5ZGJ91 Vertex Pharmaceuticals Inc 92532F100 2383874.00000000 NS USD 651322054.28000000 3.964730982356 Long EC CORP US N 1 N N N Trex Co Inc N/A Trex Co Inc 89531P105 1231606.00000000 NS USD 71667153.14000000 0.436252665796 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 UnitedHealth Group Inc 91324P102 1540639.00000000 NS USD 783491963.45000000 4.769276338033 Long EC CORP US N 1 N N N Amphenol Corp 549300D3L3G0R4U4VT04 Amphenol Corp 032095101 2413949.00000000 NS USD 172597353.50000000 1.050635504198 Long EC CORP US N 1 N N N Costco Wholesale Corp 29DX7H14B9S6O3FD6V18 Costco Wholesale Corp 22160K105 997590.00000000 NS USD 530438554.80000000 3.228888318201 Long EC CORP US N 1 N N N NIKE Inc 787RXPR0UX0O0XUXPZ81 NIKE Inc 654106103 3948745.00000000 NS USD 492408501.50000000 2.997391580776 Long EC CORP US N 1 N N N Burlington Stores Inc 5299003Z37DVGKKC1W09 Burlington Stores Inc 122017106 544272.00000000 NS USD 110792008.32000000 0.674413686896 Long EC CORP US N 1 N N N Allegion plc 984500560CAC2E6FB757 Allegion plc 000000000 500372.00000000 NS USD 57162497.28000000 0.347959849517 Long EC CORP IE N 1 N N N Advanced Micro Devices Inc R2I72C950HOYXII45366 Advanced Micro Devices Inc 007903107 1898724.00000000 NS USD 162378876.48000000 0.988433537955 Long EC CORP US N 1 N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 Texas Instruments Inc 882508104 388601.00000000 NS USD 66159320.25000000 0.402725356900 Long EC CORP US N 1 N N N Manhattan Associates Inc 529900Q1GJP7KD52SW51 Manhattan Associates Inc 562750109 380508.00000000 NS USD 49675319.40000000 0.302383861546 Long EC CORP US N 1 N N N PayPal Holdings Inc 5493005X2GO78EFZ3E94 PayPal Holdings Inc 70450Y103 600985.00000000 NS USD 52844611.05000000 0.321675990093 Long EC CORP US N 1 N N N Alliance Bernstein 5493006YWHO7MNK2U579 AB Fixed Income Shares, Inc. - Government Money Market Portfolio 018616748 744323115.97000000 NS USD 744323115.97000000 4.530847526777 Long STIV RF US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 Visa Inc 92826C839 3827726.00000000 NS USD 815803242.38000000 4.965961722493 Long EC CORP US N 1 N N Zoetis Inc 549300HD9Q1LOC9KLJ48 Zoetis Inc 98978V103 3448775.00000000 NS USD 611295368.75000000 3.721080334878 Long EC CORP US N 1 N N N ASML Holding NV 724500Y6DUVHQD6OXN27 ASML Holding NV 000000000 247280.00000000 NS USD 139409045.60000000 0.848611464449 Long EC CORP NL N 1 N N N IDEX Corp 549300U5Y5EL6PHYLF13 IDEX Corp 45167R104 610496.00000000 NS USD 115884350.72000000 0.705411819929 Long EC CORP US N 1 N N N Tyler Technologies Inc 25490040SMU4Z8LBCW70 Tyler Technologies Inc 902252105 246544.00000000 NS USD 97313382.24000000 0.592366524409 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 Microsoft Corp 594918104 5555290.00000000 NS USD 1541704080.80000000 9.384669065950 Long EC CORP US N 1 N N N Align Technology Inc 549300N5YSE0U3LCP840 Align Technology Inc 016255101 499999.00000000 NS USD 144954710.09000000 0.882369062057 Long EC CORP US N 1 N N N Veeva Systems Inc 549300YZEXPDB92M2F02 Veeva Systems Inc 922475108 1155296.00000000 NS USD 210206107.20000000 1.279567704516 Long EC CORP US N 1 N N N NVIDIA Corp 549300S4KLFTLO7GSQ80 NVIDIA Corp 67066G104 2401732.00000000 NS USD 445449234.04000000 2.711540884666 Long EC CORP US N 1 N N N Adobe Inc FU4LY2G4933NH2E1CP29 Adobe Inc 00724F101 950693.00000000 NS USD 376426893.35000000 2.291387734914 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet Inc 02079K107 568089.00000000 NS USD 1306224080.37000000 7.951253987656 Long EC CORP US N 1 N N N Illumina Inc SQ95QG8SR5Q56LSNF682 Illumina Inc 452327109 209043.00000000 NS USD 62012605.95000000 0.377483456135 Long EC CORP US N 1 N N N Fortinet Inc 549300O0QJWDBAS0QX03 Fortinet Inc 34959E109 801603.00000000 NS USD 231671283.03000000 1.410230634008 Long EC CORP US N 1 N N N Etsy Inc 54930089Q7XT501AEA40 Etsy Inc 29786A106 1329938.00000000 NS USD 123936922.22000000 0.754429474872 Long EC CORP US N 1 N N N Monster Beverage Corp 52990090AP0E7HCB6F33 Monster Beverage Corp 61174X109 4079563.00000000 NS USD 349536957.84000000 2.127703180201 Long EC CORP US N 1 N N N Intuitive Surgical Inc 54930052SRG011710797 Intuitive Surgical Inc 46120E602 1743742.00000000 NS USD 417277460.60000000 2.540053519465 Long EC CORP US N 1 N N N IPG Photonics Corp 5493002KZ51CADQ94G15 IPG Photonics Corp 44980X109 466429.00000000 NS USD 44068211.92000000 0.268252247852 Long EC CORP US N 1 N N N Entegris Inc IYX6OWO7BT5DKO3BYG52 Entegris Inc 29362U104 1561745.00000000 NS USD 173962775.55000000 1.058947108373 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 Home Depot Inc/The 437076102 1603330.00000000 NS USD 481640332.00000000 2.931843523621 Long EC CORP US N 1 N N N Arista Networks Inc 635400H1WKBLOQERUU95 Arista Networks Inc 040413106 2608498.00000000 NS USD 301464113.86000000 1.835073915331 Long EC CORP US N 1 N N N Cognex Corp 549300JQTYZCLC43S226 Cognex Corp 192422103 1213920.00000000 NS USD 82097409.60000000 0.499743776943 Long EC CORP US N 1 N N N Domino's Pizza Inc 25490005ZWM1IF9UXU57 Domino's Pizza Inc 25754A201 305503.00000000 NS USD 103260014.00000000 0.628564892059 Long EC CORP US N 1 N N N Sherwin-Williams Co/The Z15BMIOX8DDH0X2OBP21 Sherwin-Williams Co/The 824348106 531931.00000000 NS USD 146259747.76000000 0.890313094121 Long EC CORP US N 1 N N N Meta Platforms Inc BQ4BKCS1HXDV9HN80Z93 Meta Platforms Inc 30303M102 1316407.00000000 NS USD 263900111.29000000 1.606414124323 Long EC CORP US N 1 N N N Edwards Lifesciences Corp YA13X31F3V31L8TMPR58 Edwards Lifesciences Corp 28176E108 3118558.00000000 NS USD 329881065.24000000 2.008053728958 Long EC CORP US N 1 N N N Autodesk Inc FRKKVKAIQEF3FCSTPG55 Autodesk Inc 052769106 800223.00000000 NS USD 151466209.44000000 0.922005894627 Long EC CORP US N 1 N N N Roper Technologies Inc 54930003T4SXCIWVXY35 Roper Technologies Inc 776696106 706251.00000000 NS USD 331881469.92000000 2.020230602687 Long EC CORP US N 1 N N N ABIOMED Inc 5493001EZN4ZTB4Z5887 ABIOMED Inc 003654100 279017.00000000 NS USD 79960691.86000000 0.486737137649 Long EC CORP US N 1 N N N PTC Inc 54930050SSMU8SKDJ030 PTC Inc 69370C100 1218489.00000000 NS USD 139163628.69000000 0.847117561364 Long EC CORP US N 1 N N N QUALCOMM Inc H1J8DDZKZP6H7RWC0H53 QUALCOMM Inc 747525103 5102426.00000000 NS USD 712757887.94000000 4.338703507220 Long EC CORP US N 1 N N N Shopify Inc 549300HGQ43STJLLP808 Shopify Inc 82509L107 99690.00000000 NS USD 42549685.80000000 0.259008667789 Long EC CORP CA N 1 N N N Copart Inc 549300KVYX3JWMYEHU61 Copart Inc 217204106 2549822.00000000 NS USD 289787270.30000000 1.763994572732 Long EC CORP US N 1 N N N Mettler-Toledo International Inc 5493000BD5GJNUDIUG10 Mettler-Toledo International Inc 592688105 64248.00000000 NS USD 82078747.44000000 0.499630176546 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 Amazon.com Inc 023135106 333234.00000000 NS USD 828296427.42000000 5.042010303178 Long EC CORP US N 1 N N N Motorola Solutions Inc 6S552MUG6KGJVEBSEC55 Motorola Solutions Inc 620076307 595531.00000000 NS USD 127259019.39000000 0.774651761972 Long EC CORP US N 1 N N N IDEXX Laboratories Inc OGMTXK0LUU1HKV2P0J84 IDEXX Laboratories Inc 45168D104 587617.00000000 NS USD 252957366.16000000 1.539803389489 Long EC CORP US N 1 N N N 2022-05-31 AB LARGE CAP GROWTH FUND INC Joseph Mantineo Joseph Mantineo Treasurer and Chief Financial Officer XXXX NPORT-EX 2 NPORT_6456_94069198_0422.htm HTML

AB Large Cap Growth Fund, Inc.

Portfolio of Investments

April 30, 2022 (unaudited)

 

Company    Shares        U.S. $ Value  

COMMON STOCKS – 95.1%

 

Information Technology – 38.3%

 

Communications Equipment – 2.6%

 

Arista Networks, Inc.(a)

     2,608,498        $ 301,464,114  

Motorola Solutions, Inc.

     610,231          130,400,262  
       

 

 

 
          431,864,376  
       

 

 

 

Electronic Equipment, Instruments & Components – 3.0%

       

Amphenol Corp. - Class A

     2,501,499          178,857,178  

Cognex Corp.

     1,213,920          82,097,410  

IPG Photonics Corp.(a)

     442,111          41,770,647  

Zebra Technologies Corp. - Class A(a)

     526,654          194,682,918  
       

 

 

 
          497,408,153  
       

 

 

 

IT Services – 6.5%

       

EPAM Systems, Inc.(a)

     573,630          152,006,214  

PayPal Holdings, Inc.(a)

     600,985          52,844,611  

Shopify, Inc. - Class A(a)

     99,690          42,549,686  

Visa, Inc. - Class A(b)

     3,827,726          815,803,242  
       

 

 

 
          1,063,203,753  
       

 

 

 

Semiconductors & Semiconductor Equipment – 10.4%

       

Advanced Micro Devices, Inc.(a)

     1,898,724          162,378,876  

ASML Holding NV ADR

     247,280          139,409,046  

Entegris, Inc.

     1,622,309          180,709,000  

NVIDIA Corp.

     2,401,732          445,449,234  

QUALCOMM, Inc.

     5,102,426          712,757,888  

Texas Instruments, Inc.

     388,601          66,159,320  
       

 

 

 
          1,706,863,364  
       

 

 

 

Software – 15.8%

       

Adobe, Inc.(a)

     950,693          376,426,893  

Autodesk, Inc.(a)

     800,223          151,466,209  

Fortinet, Inc.(a)

     831,253          240,240,430  

Manhattan Associates, Inc.(a)

     380,508          49,675,319  

Microsoft Corp.

     5,555,290          1,541,704,081  

PTC, Inc.(a)

     1,218,489          139,163,629  

Tyler Technologies, Inc.(a)

     246,544          97,313,382  
       

 

 

 
          2,595,989,943  
       

 

 

 
                6,295,329,589  
       

 

 

 

Health Care – 22.0%

       

Biotechnology – 3.9%

       

Vertex Pharmaceuticals, Inc.(a)

     2,383,874          651,322,054  
       

 

 

 

Health Care Equipment & Supplies – 7.4%

       

ABIOMED, Inc.(a)

     279,017          79,960,692  

Align Technology, Inc.(a)

     481,660          139,638,051  

Edwards Lifesciences Corp.(a)

     3,118,558          329,881,065  

IDEXX Laboratories, Inc.(a)

     587,617          252,957,366  

Intuitive Surgical, Inc.(a)

     1,743,742          417,277,461  
       

 

 

 
          1,219,714,635  
       

 

 

 

 

1


Company    Shares        U.S. $ Value  

Health Care Providers & Services – 4.8%

       

UnitedHealth Group, Inc.

     1,540,639        $ 783,491,963  
       

 

 

 

Health Care Technology – 1.3%

       

Veeva Systems, Inc. - Class A(a)

     1,155,296          210,206,107  
       

 

 

 

Life Sciences Tools & Services – 0.9%

       

Illumina, Inc.(a)

     209,043          62,012,606  

Mettler-Toledo International, Inc.(a)

     64,248          82,078,747  
       

 

 

 
          144,091,353  
       

 

 

 

Pharmaceuticals – 3.7%

       

Zoetis, Inc.

     3,448,775          611,295,369  
       

 

 

 
          3,620,121,481  
       

 

 

 

Consumer Discretionary – 13.0%

       

Hotels, Restaurants & Leisure – 0.6%

       

Domino’s Pizza, Inc.

     305,503          103,260,014  
       

 

 

 

Internet & Direct Marketing Retail – 5.8%

       

Amazon.com, Inc.(a)

     333,234          828,296,428  

Etsy, Inc.(a)

     1,329,938          123,936,922  
       

 

 

 
          952,233,350  
       

 

 

 

Specialty Retail – 3.6%

       

Burlington Stores, Inc.(a)

     544,272          110,792,008  

Home Depot, Inc. (The)

     1,603,330          481,640,332  
       

 

 

 
          592,432,340  
       

 

 

 

Textiles, Apparel & Luxury Goods – 3.0%

       

NIKE, Inc. - Class B

     3,948,745          492,408,501  
       

 

 

 
                2,140,334,205  
       

 

 

 

Communication Services – 9.3%

       

Interactive Media & Services – 9.3%

       

Alphabet, Inc. - Class C(a)

     564,149          1,297,164,720  

Meta Platforms, Inc. - Class A(a)

     1,146,887          229,916,437  
       

 

 

 
          1,527,081,157  
       

 

 

 

Industrials – 6.2%

       

Building Products – 0.8%

       

Allegion PLC

     500,372          57,162,497  

Trex Co., Inc.(a)

     1,231,606          71,667,153  
       

 

 

 
          128,829,650  
       

 

 

 

Commercial Services & Supplies – 1.8%

       

Copart, Inc.(a)

     2,574,972          292,645,568  
       

 

 

 

Electrical Equipment – 0.9%

       

AMETEK, Inc.

     1,111,345          140,318,420  
       

 

 

 

 

2


Company    Shares        U.S. $ Value  

Industrial Conglomerates – 2.0%

       

Roper Technologies, Inc.

     706,251        $ 331,881,470  
       

 

 

 

Machinery – 0.7%

       

IDEX Corp.

     610,496          115,884,351  
       

 

 

 
          1,009,559,459  
       

 

 

 

Consumer Staples – 5.4%

       

Beverages – 2.1%

       

Monster Beverage Corp.(a)

     4,079,563          349,536,958  
       

 

 

 

Food & Staples Retailing – 3.3%

       

Costco Wholesale Corp.

     997,590          530,438,555  
       

 

 

 
          879,975,513  
       

 

 

 

Materials – 0.9%

       

Chemicals – 0.9%

       

Sherwin-Williams Co. (The)

     531,931          146,259,748  
       

 

 

 

Total Common Stocks
(cost $10,951,023,355)

          15,618,661,152  
       

 

 

 

SHORT-TERM INVESTMENTS – 4.5%

       

Investment Companies – 4.5%

       

AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 0.22%(c) (d) (e)
(cost $744,323,116)

     744,323,116          744,323,116  
       

 

 

 

Total Investments – 99.6%
(cost $11,695,346,471)(f)

          16,362,984,268  

Other assets less liabilities – 0.4%

          61,929,985  
       

 

 

 

Net Assets – 100.0%

        $       16,424,914,253  
       

 

 

 

 

(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 April 30, 2022, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $5,208,416,213 and gross unrealized depreciation of investments was $(540,778,415), resulting in net unrealized appreciation of $4,667,637,798.

 

  

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.

April 30, 2022 (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 April 30, 2022:

 

Investments in Securities:

   Level 1      Level 2      Level 3      Total  
Assets:

 

Common Stocks(a)    $ 15,618,661,152      $      $      $ 15,618,661,152  
Short-Term Investments      744,323,116                      744,323,116  
  

 

 

    

 

 

    

 

 

    

 

 

 
Total Investments in Securities      16,362,984,268                      16,362,984,268  
Other Financial Instruments(b)                            
  

 

 

    

 

 

    

 

 

    

 

 

 
Total    $     16,362,984,268      $                 —      $                 —      $     16,362,984,268  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(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 nine months ended April 30, 2022 is as follows:

 

Fund    Market Value
07/31/2021
(000)
    

Purchases
at Cost

(000)

     Sales
Proceeds
(000)
     Market Value
04/30/2022
(000)
     Dividend
Income
(000)
 
Government Money Market Portfolio    $     1,032,212      $     2,615,484      $     2,903,373      $     744,323      $     266  

 

5