AB Concentrated Growth Fund;I
WPSIX
NASDAQ49.46
USD
+0.25
- -
CIK
0000081443
ISIN
US01878T8633
CUSIP
01878T863
Return %
Stock
S&P500
1Y
-11.49
19.01
3Y
0.71
65.48
5Y
-18.40
72.20
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
- New York, NY 10105 Salt Lake City UT United States of America 84108
- IPO Date
- Mar 10, 2014
- CIK
- 0000081443
- Website
- wasatchglobal.com
- Similar Companies
- Business
- AB Concentrated Growth Fund (WPSIX) is an open-end mutual fund managed by AllianceBernstein that seeks long-term growth of capital by investing primarily in common stocks of listed U.S. companies, with a focus on approximately 20 high-quality, large-cap growth stocks exhibiting consistent revenue growth, stable earnings potential, and attractive valuations; the portfolio emphasizes sectors such as technology (45.53%), financial services (17.39%), consumer cyclical (12.31%), healthcare (11.47%), and industrials (9.03%), with top holdings including Microsoft Corp. (9.74%), Amazon.com Inc. (9.17%), Mastercard Inc. (9.12%), Amphenol Corp. (8.08%), and Eaton Corporation PLC (6.99%). The fund offers Class I shares with a net expense ratio of 0.83%, a minimum initial investment of $2 million, and daily pricing, targeting institutional and high-net-worth investors in the large growth category. Launched on February 28, 2014, and domiciled in the United States, the fund operates exclusively within U.S. markets with nearly 100% allocation to U.S. stocks and a total net asset value of approximately $722 million. In a significant management change effective April 30, 2025, AllianceBernstein appointed Michael Walker as co-chief investment officer and co-portfolio manager alongside longtime lead manager James Tierney, who has overseen the strategy since April 29, 2009; Walker, with over 27 years of industry experience covering technology and business services, had served as an assistant portfolio manager for several years prior to the promotion. Headquartered in Nashville, Tennessee, as part of AllianceBernstein L.P., the fund maintains a high active share relative to its benchmark and has historically aimed to deliver superior risk-adjusted returns through concentrated, conviction-driven positions.