AB Large Cap Growth Fund Advisor Class
APGYX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Alliancebernstein Large Cap Growth MD United States of America
- IPO Date
- Oct 1, 1996
- CIK
- 0000889508
- Website
- alliancebernstein.com
- Similar Companies
- Business
- AB Large Cap Growth Fund Advisor Class (APGYX) is an open-end mutual fund managed by AllianceBernstein L.P. that invests primarily in a high-conviction portfolio of large-cap growth stocks exhibiting persistent business growth potential, high profitability, and the ability to reinvest above their cost of capital; it employs bottom-up research to select investments with sustained performance in magnitude and duration, targeting top-decile risk-adjusted returns relative to peers in the large growth category. The fund's portfolio is heavily weighted toward U.S. equities (approximately 95.55%), with key sectors including technology (41.06%), communication services (19.36%), and consumer cyclical (11.93%); top holdings as of recent data include NVIDIA Corp. (12.20%), Microsoft Corp. (8.86%), Alphabet Inc. (6.68%), Meta Platforms Inc. (6.28%), and Amazon.com Inc. (6.23%), representing about 40.25% of the portfolio, while total net assets stand at $27.63 billion and the Advisor Class share class at $14.70 billion with a net expense ratio of 0.55%. Launched on October 1, 1996, and domiciled in the United States, the fund is available for sale exclusively in the U.S. and managed by John Fogarty (since February 16, 2012) and Vinay Thapar (since April 11, 2018); it forms part of AllianceBernstein's broader equity offerings distributed through AllianceBernstein Investments, Inc., an affiliate of the manager. AllianceBernstein L.P., headquartered in Nashville, Tennessee following its 2021 relocation from New York City (with foundational roots tracing to 1967 via Sanford C. Bernstein & Co. and 1971 via Alliance Capital Management, merged in 2000), operates globally with approximately $829 billion in assets under management as of June 30, 2025, serving institutional, high-net-worth, and retail investors. In recent developments, AllianceBernstein has pursued strategic expansions including the 2022 acquisition of CarVal Investors to bolster private alternatives capabilities (now targeting $90-100 billion AUM by 2027), equity sales and exchanges with majority owner Equitable Holdings, Inc. in late 2024 involving up to 10 million units plus 4.2 million additional units to fund insurance asset management initiatives and debt repayment, a partnership with Reinsurance Group of America as a key investor in Ruby Reinsurance Company, and the November 2025 launch of two new active fixed income ETFs (AB New York Intermediate Municipal ETF and AB Core Bond ETF) to enhance its ETF lineup amid growth in private markets and RIA acquisitions.