AB Concentrated Growth Fund
WPSKX
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ROIC.AI
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- AB Concentrated Growth Fund (WPSKX) is a non-diversified mutual fund managed by AllianceBernstein that seeks long-term growth of capital by investing primarily in a concentrated portfolio of approximately 20 high-quality, large-cap U.S. equity securities with consistent revenue growth, stable earnings potential, and attractive valuations; the fund focuses on companies with market capitalizations generally above $5 billion, though it may include those between $3 billion and $5 billion, emphasizing sectors such as technology, consumer cyclical, financial services, industrials, and healthcare, with top holdings including Microsoft Corp., Amazon.com Inc., Mastercard Inc., Amphenol Corp., and Eaton Corp. PLC. Class K shares, identified by ticker WPSKX, are offered alongside other share classes including Class A (WPASX), Class C (WPCSX), Class I (WPSIX), Advisor Class (WPSGX), and Class Z (WPSZX), catering to institutional, high-net-worth, and retail investors seeking active large-cap growth exposure with high active share relative to benchmarks. The fund, which commenced operations on February 28, 2014, is part of AllianceBernstein's equity offerings, with the firm headquartered in Nashville, Tennessee, and maintaining a global presence including key offices in New York and London. In a significant recent development effective April 30, 2025, AllianceBernstein appointed Michael Walker as co-CIO and co-manager alongside longtime lead manager James T. Tierney, leveraging Walker's 27 years of industry experience in technology and business services sectors without altering the strategy's resources or investment process. AllianceBernstein, the fund's sponsor, continues to emphasize research-driven active management across its $860 billion in assets under management as of late 2025, with no other major acquisitions, partnerships, or strategic shifts specific to this fund reported in the past 1-2 years.