# EDGAR Filing Document

**Accession Number:** 0000812015
**File Stem:** 0001752724-25-179498
**Filing Date:** 2025-7
**Character Count:** 59019
**Document Hash:** bb988bede386f87c12b672806ea3abfb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-179498.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-179498

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000812015

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05088
- **FILM NUMBER:** 251151301

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN PORTFOLIOS
- **DATE OF NAME CHANGE:** 20030319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE PORTFOLIOS
- **DATE OF NAME CHANGE:** 19930812

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EQUITABLE FUNDS
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### AB Tax-Managed Wealth Appreciation Strategy (Series ID: S000010515)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000029033 | Class A       | ATWAX           |
| C000029035 | Class C       | ATWCX           |
| C000029036 | Advisor Class | ATWYX           |

## Nport-Ex

**AB Tax-Managed Wealth Appreciation Strategy** 

**Portfolio of Investments** 

**May 31, 2025 (unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** | **U.S. $ Value** |
|  **COMMON STOCKS – 63.7%** |  |  |  |
|  **Information Technology – 18.7%** |  |  |  |
|  **Communications Equipment – 0.1%** |  |  |  |
|  Cisco Systems, Inc. | 14232 | $| 897185 |
|  **Electronic Equipment, Instruments & Components – 0.2%** | **Electronic Equipment, Instruments & Components – 0.2%** | **Electronic Equipment, Instruments & Components – 0.2%** | **Electronic Equipment, Instruments & Components – 0.2%** |
|  CDW Corp./DE | 9342 |  | 1684923 |
|  **Semiconductors & Semiconductor Equipment – 8.1%** | **Semiconductors & Semiconductor Equipment – 8.1%** | **Semiconductors & Semiconductor Equipment – 8.1%** | **Semiconductors & Semiconductor Equipment – 8.1%** |
|  Advanced Micro Devices, Inc.<sup>(a)</sup> | 4089 |  | 452775 |
|  Broadcom, Inc. | 70784 |  | 17134683 |
|  KLA Corp. | 4133 |  | 3128185 |
|  NVIDIA Corp. | 268192 |  | 36240785 |
|  NXP Semiconductors NV | 23829 |  | 4554437 |
|  QUALCOMM, Inc. | 4512 |  | 655142 |
|  Taiwan Semiconductor Manufacturing Co., Ltd. (Sponsored ADR) | 30757 |  | 5945943 |
|  Texas Instruments, Inc. | 8454 |  | 1545814 |
|  |  |  | 69657764 |
|  **Software – 7.8%** | **Software – 7.8%** | **Software – 7.8%** | **Software – 7.8%** |
|  Adobe, Inc.<sup>(a)</sup> | 9978 |  | 4141768 |
|  Gen Digital, Inc. | 10011 |  | 285113 |
|  HubSpot, Inc.<sup>(a)</sup> | 5005 |  | 2952450 |
|  Microsoft Corp. | 100544 |  | 46286436 |
|  Oracle Corp. | 63952 |  | 10585975 |
|  ServiceNow, Inc.<sup>(a)</sup> | 3137 |  | 3171789 |
|  |  |  | 67423531 |
|  **Technology Hardware, Storage & Peripherals – 2.5%** | **Technology Hardware, Storage & Peripherals – 2.5%** | **Technology Hardware, Storage & Peripherals – 2.5%** | **Technology Hardware, Storage & Peripherals – 2.5%** |
|  Apple, Inc. | 107532 |  | 21597802 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161261205 |
|  **Financials – 10.3%** | **Financials – 10.3%** | **Financials – 10.3%** | **Financials – 10.3%** |
|  **Banks – 2.6%** | **Banks – 2.6%** | **Banks – 2.6%** | **Banks – 2.6%** |
|  Bank of America Corp. | 220137 |  | 9714646 |
|  JPMorgan Chase & Co. | 7890 |  | 2082960 |
|  Wells Fargo & Co. | 144886 |  | 10834575 |
|  |  |  | 22632181 |
|  **Capital Markets – 3.3%** | **Capital Markets – 3.3%** | **Capital Markets – 3.3%** | **Capital Markets – 3.3%** |
|  Charles Schwab Corp. (The) | 134027 |  | 11839945 |
|  Goldman Sachs Group, Inc. (The) | 18199 |  | 10927590 |
|  LPL Financial Holdings, Inc. | 2952 |  | 1142896 |
|  S&P Global, Inc. | 9051 |  | 4641896 |
|  |  |  | 28552327 |
|  **Financial Services – 2.8%** | **Financial Services – 2.8%** | **Financial Services – 2.8%** | **Financial Services – 2.8%** |
|  Fiserv, Inc.<sup>(a)</sup> | 27740 |  | 4515795 |
|  Visa, Inc. - Class A | 54512 |  | 19907237 |
|  |  |  | 24423032 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **Insurance – 1.6%** | **Insurance – 1.6%** | **Insurance – 1.6%** |
|  Progressive Corp. (The) | 35998 | $10256910 |
|  Willis Towers Watson PLC | 10545 | 3338020 |
|  |  | 13594930 |
|  |  | 89202470 |
|  **Communication Services – 7.8%** | **Communication Services – 7.8%** | **Communication Services – 7.8%** |
|  **Diversified Telecommunication Services – 0.6%** | **Diversified Telecommunication Services – 0.6%** | **Diversified Telecommunication Services – 0.6%** |
|  Comcast Corp. - Class A | 150295 | 5195698 |
|  **Entertainment – 1.2%** | **Entertainment – 1.2%** | **Entertainment – 1.2%** |
|  Walt Disney Co. (The) | 88566 | 10011501 |
|  **Interactive Media & Services – 5.2%** | **Interactive Media & Services – 5.2%** | **Interactive Media & Services – 5.2%** |
|  Alphabet, Inc. - Class A | 12280 | 2108967 |
|  Alphabet, Inc. - Class C | 119956 | 20734394 |
|  Meta Platforms, Inc. - Class A | 34189 | 22137036 |
|  |  | 44980397 |
|  **Wireless Telecommunication Services – 0.8%** | **Wireless Telecommunication Services – 0.8%** | **Wireless Telecommunication Services – 0.8%** |
|  T-Mobile US, Inc. | 29971 | 7258976 |
|  |  | 67446572 |
|  **Health Care – 6.6%** | **Health Care – 6.6%** | **Health Care – 6.6%** |
|  **Biotechnology – 0.9%** | **Biotechnology – 0.9%** | **Biotechnology – 0.9%** |
|  Gilead Sciences, Inc. | 412 | 45353 |
|  Regeneron Pharmaceuticals, Inc. | 4255 | 2086141 |
|  Vertex Pharmaceuticals, Inc.<sup>(a)</sup> | 13920 | 6153336 |
|  |  | 8284830 |
|  **Health Care Equipment & Supplies – 0.8%** | **Health Care Equipment & Supplies – 0.8%** | **Health Care Equipment & Supplies – 0.8%** |
|  Edwards Lifesciences Corp.<sup>(a)</sup> | 25442 | 1990073 |
|  Intuitive Surgical, Inc.<sup>(a)</sup> | 2352 | 1299104 |
|  Medtronic PLC | 44502 | 3692776 |
|  |  | 6981953 |
|  **Health Care Providers & Services – 1.4%** | **Health Care Providers & Services – 1.4%** | **Health Care Providers & Services – 1.4%** |
|  Labcorp Holdings, Inc. | 15292 | 3807250 |
|  UnitedHealth Group, Inc. | 28165 | 8503295 |
|  |  | 12310545 |
|  **Life Sciences Tools & Services – 1.7%** | **Life Sciences Tools & Services – 1.7%** | **Life Sciences Tools & Services – 1.7%** |
|  IQVIA Holdings, Inc.<sup>(a)</sup> | 39844 | 5591308 |
|  Thermo Fisher Scientific, Inc. | 11680 | 4704938 |
|  Waters Corp.<sup>(a)</sup> | 11754 | 4104967 |
|  |  | 14401213 |
|  **Pharmaceuticals – 1.8%** | **Pharmaceuticals – 1.8%** | **Pharmaceuticals – 1.8%** |
|  Eli Lilly & Co. | 4340 | 3201488 |
|  Johnson & Johnson | 9589 | 1488308 |
|  Merck & Co., Inc. | 34157 | 2624624 |
|  Pfizer, Inc. | 8730 | 205068 |
|  Roche Holding AG (Sponsored ADR) | 99256 | 4000017 |
|  Zoetis, Inc. | 22108 | 3728072 |
|  |  | 15247577 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57226118 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **Industrials – 6.1%** | **Industrials – 6.1%** | **Industrials – 6.1%** |
|  **Aerospace & Defense – 0.6%** | **Aerospace & Defense – 0.6%** | **Aerospace & Defense – 0.6%** |
|  RTX Corp. | 35375 | $4827980 |
|  **Building Products – 0.3%** | **Building Products – 0.3%** | **Building Products – 0.3%** |
|  Otis Worldwide Corp. | 32368 | 3086289 |
|  **Commercial Services & Supplies – 0.5%** | **Commercial Services & Supplies – 0.5%** | **Commercial Services & Supplies – 0.5%** |
|  Veralto Corp. | 46331 | 4680821 |
|  **Construction & Engineering – 0.2%** | **Construction & Engineering – 0.2%** | **Construction & Engineering – 0.2%** |
|  AECOM | 14454 | 1587772 |
|  **Electrical Equipment – 2.0%** | **Electrical Equipment – 2.0%** | **Electrical Equipment – 2.0%** |
|  Eaton Corp. PLC | 28704 | 9191021 |
|  GE Vernova, Inc. | 16332 | 7724709 |
|  |  | 16915730 |
|  **Ground Transportation – 0.7%** | **Ground Transportation – 0.7%** | **Ground Transportation – 0.7%** |
|  CSX Corp. | 163709 | 5171568 |
|  Norfolk Southern Corp. | 3002 | 741854 |
|  |  | 5913422 |
|  **Machinery – 1.1%** | **Machinery – 1.1%** | **Machinery – 1.1%** |
|  Deere & Co. | 7758 | 3927565 |
|  Ingersoll Rand, Inc. | 10221 | 834442 |
|  PACCAR, Inc. | 23362 | 2192524 |
|  Pentair PLC | 26327 | 2611112 |
|  |  | 9565643 |
|  **Professional Services – 0.3%** | **Professional Services – 0.3%** | **Professional Services – 0.3%** |
|  Booz Allen Hamilton Holding Corp. | 27033 | 2872256 |
|  **Trading Companies & Distributors – 0.4%** | **Trading Companies & Distributors – 0.4%** | **Trading Companies & Distributors – 0.4%** |
|  United Rentals, Inc. | 4435 | 3141665 |
|  |  | 52591578 |
|  **Consumer Discretionary – 5.2%** | **Consumer Discretionary – 5.2%** | **Consumer Discretionary – 5.2%** |
|  **Broadline Retail – 2.7%** | **Broadline Retail – 2.7%** | **Broadline Retail – 2.7%** |
|  Amazon.com, Inc.<sup>(a)</sup> | 115143 | 23605467 |
|  **Hotels, Restaurants & Leisure – 0.7%** | **Hotels, Restaurants & Leisure – 0.7%** | **Hotels, Restaurants & Leisure – 0.7%** |
|  Booking Holdings, Inc. | 236 | 1302467 |
|  Hyatt Hotels Corp. - Class A | 12158 | 1605221 |
|  Starbucks Corp. | 31744 | 2664909 |
|  |  | 5572597 |
|  **Specialty Retail – 1.8%** | **Specialty Retail – 1.8%** | **Specialty Retail – 1.8%** |
|  AutoZone, Inc.<sup>(a)</sup> | 1837 | 6857594 |
|  Home Depot, Inc. (The) | 24189 | 8908567 |
|  |  | 15766161 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44944225 |
|  **Consumer Staples – 3.9%** | **Consumer Staples – 3.9%** | **Consumer Staples – 3.9%** |
|  **Beverages – 0.6%** | **Beverages – 0.6%** | **Beverages – 0.6%** |
|  Coca-Cola Co. (The) | 70361 | 5073028 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **Consumer Staples Distribution & Retail – 2.7%** | **Consumer Staples Distribution & Retail – 2.7%** | **Consumer Staples Distribution & Retail – 2.7%** |
|  Costco Wholesale Corp. | 7999 | $8320400 |
|  Dollar Tree, Inc.<sup>(a)</sup> | 11828 | 1067595 |
|  Walmart, Inc. | 138819 | 13704212 |
|  |  | 23092207 |
|  **Household Products – 0.6%** | **Household Products – 0.6%** | **Household Products – 0.6%** |
|  Procter & Gamble Co. (The) | 34119 | 5796477 |
|  |  | 33961712 |
|  **Energy – 1.9%** | **Energy – 1.9%** | **Energy – 1.9%** |
|  **Energy Equipment & Services – 0.8%** | **Energy Equipment & Services – 0.8%** | **Energy Equipment & Services – 0.8%** |
|  Baker Hughes Co. | 170034 | 6299759 |
|  **Oil, Gas & Consumable Fuels – 1.1%** | **Oil, Gas & Consumable Fuels – 1.1%** | **Oil, Gas & Consumable Fuels – 1.1%** |
|  Cameco Corp. | 25080 | 1467932 |
|  Chevron Corp. | 14332 | 1959185 |
|  EOG Resources, Inc. | 58293 | 6328871 |
|  |  | 9755988 |
|  |  | 16055747 |
|  **Real Estate – 1.2%** | **Real Estate – 1.2%** | **Real Estate – 1.2%** |
|  **Industrial REITs – 0.7%** | **Industrial REITs – 0.7%** | **Industrial REITs – 0.7%** |
|  Prologis, Inc. | 54208 | 5886989 |
|  **Real Estate Management & Development – 0.0%** | **Real Estate Management & Development – 0.0%** | **Real Estate Management & Development – 0.0%** |
|  CBRE Group, Inc. - Class A<sup>(a)</sup> | 450 | 56259 |
|  **Specialized REITs – 0.5%** | **Specialized REITs – 0.5%** | **Specialized REITs – 0.5%** |
|  Digital Realty Trust, Inc. | 23917 | 4102244 |
|  |  | 10045492 |
|  **Materials – 1.2%** | **Materials – 1.2%** | **Materials – 1.2%** |
|  **Chemicals – 1.2%** | **Chemicals – 1.2%** | **Chemicals – 1.2%** |
|  Corteva, Inc. | 69767 | 4939504 |
|  Linde PLC | 10594 | 4953542 |
|  Westlake Corp. | 1866 | 132542 |
|  |  | 10025588 |
|  **Utilities – 0.8%** | **Utilities – 0.8%** | **Utilities – 0.8%** |
|  **Electric Utilities – 0.5%** | **Electric Utilities – 0.5%** | **Electric Utilities – 0.5%** |
|  American Electric Power Co., Inc. | 40805 | 4222909 |
|  **Multi-Utilities – 0.3%** | **Multi-Utilities – 0.3%** | **Multi-Utilities – 0.3%** |
|  Ameren Corp. | 32586 | 3156932 |
|  |  | 7379841 |
|  Total Common Stocks<br>(cost $248,862,857) |  | 550140548 |
|  **INVESTMENT COMPANIES – 35.4%** | **INVESTMENT COMPANIES – 35.4%** | **INVESTMENT COMPANIES – 35.4%** |
|  **Funds and Investment Trusts – 35.4%<sup>(b) (c)</sup>** | **Funds and Investment Trusts – 35.4%<sup>(b) (c)</sup>** | **Funds and Investment Trusts – 35.4%<sup>(b) (c)</sup>** |
|  AB Discovery Growth Fund, Inc. - Class Z | 1632861 | 20067867 |
|  AB Trust - AB Discovery Value Fund - Class Z | 1354836 | 26026395 |
|  Bernstein Fund, Inc. - International Small Cap Portfolio - Class Z | 2426526 | 33461790 |
|  Bernstein Fund, Inc. - International Strategic Equities Portfolio - Class Z | 12695620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190942123 |
|  Bernstein Fund, Inc. - Small Cap Core Portfolio - Class Z | 1566157 | 17572278 |
|  Sanford C. Bernstein Fund, Inc. - Emerging Markets Portfolio - Class Z | 615969 | 18127975 |
|  Total Investment Companies<br>(cost $259,692,151) |  | 306198428 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **SHORT-TERM INVESTMENTS – 0.8%** |  |  |
|  **Investment Companies – 0.8%** |  |  |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 4.14%<sup>(b) (c) (d)</sup><br>(cost $7,229,258) | 7229258 | $7229258 |
|  **Total Investments – 99.9%**<br> (cost $515,784,266)<sup>(e)</sup> |  | 863568234 |
|  Other assets less liabilities – 0.1% |  | 604710 |
|  **Net Assets – 100.0%** |  | $**864172944** |

---

*(a)* *Non-income producing security.* 

*(b)* *Affiliated investments.* 

*(c)* *To obtain a copy of the fund's shareholder report, please go to the Securities and Exchange Commission's website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.* 

*(d)* *The rate shown represents the 7-day yield as of period end.* 

*(e)* *As of May 31, 2025, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $355,285,901 and gross unrealized depreciation of investments was $(7,501,933), resulting in net unrealized appreciation of $347,783,968.* 

*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.* <br>

*Glossary:* 

*ADR – American Depositary Receipt* 

*REIT – Real Estate Investment Trust* 

------

**AB Tax-Managed Wealth Appreciation Strategy** 

**May 31, 2025 (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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates,
prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 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 May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** |  |  |  |  |
| Common Stocks<sup>(a)</sup> | $550140548 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $550140548 |
| Investment Companies | 306198428 |  |  | 306198428 |
| Short-Term Investments | 7229258 |  |  | 7229258 |
| Total Investments in Securities | 863568234 |  |  | 863568234 |
| **Other Financial Instruments<sup>(b)</sup>** |  |  |  |  |
| **Total** | $**863568234** | $**—** | $**—** | $**863568234** |

---

*<sup>(a)</sup>* *See Portfolio of Investments for sector classifications.* 

*<sup>(b)</sup>* *Other financial instruments include derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.* 

------

A summary of the Fund's transactions in AB mutual funds for the nine months ended May 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | **Distributions** | **Distributions** |
| <br>**Fund** |<br>**Market<br>Value<br>08/31/2024<br>(000)** |<br>**Purchases<br>at Cost<br>(000)** |<br>**Sales<br>Proceeds<br>(000)** |<br>**Realized<br>Gain<br>(Loss)<br>(000)** |<br>**Change in<br>Unrealized<br>Appr (Depr)<br>(000)** |<br>**Market<br>Value<br>05/31/2025<br>(000)** | **Dividend<br>Income<br>(000)** | **Realized<br>Gains<br>(000)** |
| AB Discovery Growth Fund, Inc. | $20221 | $884 | $453 | $(63) | $(521) | $20068 | $0 | $0 |
| AB Trust - AB Discovery Value Fund | 27606 | 3615 | 0 | 0 | (5195) | 26026 | 3616 | 0 |
| Bernstein Fund, Inc. - International Small Cap Portfolio | 45669 | 1011 | 15583 | 359 | 2006 | 33462 | 1011 | 0 |
| Bernstein Fund, Inc. - International Strategic Equities Portfolio | 224850 | 8225 | 60829 | 6391 | 12305 | 190942 | 5225 | 0 |
| Bernstein Fund, Inc. - Small Cap Core Portfolio | 18269 | 3120 | 0 | 0 | (3817) | 17572 | 2378 | 0 |
| Sanford C. Bernstein Fund, Inc. - Emerging Markets Portfolio | 21369 | 469 | 4550 | (409) | 1249 | 18128 | 469 | 0 |
| AB Government Money Market Portfolio | 843 | 80679 | 74293 | 0 | 0 | 7229 | 132 | 0 |
| **Total** | $358827 | $98003 | $155708 | $6278 | $6027 | $313427 | $12831 | $0 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** AB PORTFOLIOS

- **b. Investment Company Act file number:** 811-05088

- **c. CIK number of Registrant:** 0000812015

- **d. LEI of Registrant:** 549300SL79FN46SWRF45

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-969-1000

**Item A.2. Information about the Series.**

- **a. Name of Series:** AB Tax-Managed Wealth Appreciation Strategy

- **b. EDGAR series identifier (if any):** S000010515

- **c. LEI of Series:** 5493000Y65WB4XUS2H90

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $865188565.51

**Total Liabilities:** $755756.68

**Net Assets:** $864432808.83

**Cash Not Reported:** $282061.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000029035 | -4.83%               | -0.19%               | 6.43%                |
| Class ID C000029033 | -4.78%               | -0.14%               | 6.51%                |
| Class ID C000029036 | -4.71%               | -0.14%               | 6.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $890257.61               | $-42428521.41                              |
| Month 2  | $-262741.10              | $-878665.70                                |
| Month 3  | $-630186.29              | $53247105.48                               |

### Schedule of Portfolio Investments

| Name                                                      | Title                                                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cisco Systems Inc                                         | Cisco Systems Inc                                                | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     14232 | NS      | $897185.28    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp                                         | Hyatt Hotels Corp                                                | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |     12158 | NS      | $1605220.74   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc                            | American Electric Power Co Inc                                   | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     40805 | NS      | $4222909.45   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                                      | Progressive Corp/The                                             | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     35998 | NS      | $10256910.14  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc                                | Vertex Pharmaceuticals Inc                                       | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     13920 | NS      | $6153336.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                         | Johnson & Johnson                                                | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      9589 | NS      | $1488308.69   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                                    | UnitedHealth Group Inc                                           | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     28165 | NS      | $8503295.15   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                                        | United Rentals Inc                                               | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      4435 | NS      | $3141665.30   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                               | Pentair PLC                                                      | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |     26327 | NS      | $2611111.86   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                                          | Wells Fargo & Co                                                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    144886 | NS      | $10834575.08  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanford C Bernstein Fund Inc - Emerging Markets Portfolio | Sanford C Bernstein Fund Inc - Emerging Markets Portfolio        | CUSIP: 085568459<br>LEI: 549300BT4HTKWD1GNK68 | Long             | EC               | RF                | US        |    615969 | NS      | $18127975.12  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                              | Thermo Fisher Scientific Inc                                     | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     11680 | NS      | $4704937.60   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                                     | Costco Wholesale Corp                                            | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      7999 | NS      | $8320399.82   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Bernstein                                        | AB Fixed Income Shares, Inc. - Government Money Market Portfolio | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |   7229258 | NS      | $7229257.61   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                                         | EOG Resources Inc                                                | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     58293 | NS      | $6328871.01   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                                               | HubSpot Inc                                                      | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      5005 | NS      | $2952449.50   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                                              | Comcast Corp                                                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    150295 | NS      | $5195698.15   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Bernstein International Strategic Equities Portfolio      | Bernstein International Strategic Equities Portfolio             | CUSIP: 085567808<br>LEI: 549300L7INBUVRFBBK21 | Long             | EC               | RF                | US        |  12695620 | NS      | $190942123.04 | 22.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                             | Medtronic PLC                                                    | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     44502 | NS      | $3692775.96   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                               | Corteva Inc                                                      | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     69767 | NS      | $4939503.60   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc                                | Advanced Micro Devices Inc                                       | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      4089 | NS      | $452774.97    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                                     | Texas Instruments Inc                                            | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      8454 | NS      | $1545813.90   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                              | Alphabet Inc                                                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     12280 | NS      | $2108967.20   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                              | Prologis Inc                                                     | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |     54208 | NS      | $5886988.80   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                                  | Visa Inc                                                         | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     54512 | NS      | $19907237.28  | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                                                | Zoetis Inc                                                       | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     22108 | NS      | $3728072.04   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corp                                             | Westlake Corp                                                    | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |      1866 | NS      | $132541.98    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                                           | Baker Hughes Co                                                  | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    170034 | NS      | $6299759.70   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                                     | NXP Semiconductors NV                                            | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     23829 | NS      | $4554436.77   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                                            | CBRE Group Inc                                                   | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |       450 | NS      | $56259.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                                                | Fiserv Inc                                                       | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     27740 | NS      | $4515794.60   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                                   | Procter & Gamble Co/The                                          | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     34119 | NS      | $5796476.91   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                                               | CDW Corp/DE                                                      | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      9342 | NS      | $1684923.12   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp                                     | Norfolk Southern Corp                                            | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      3002 | NS      | $741854.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                            | Microsoft Corp                                                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    100544 | NS      | $46286435.84  | 5.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                                           | Dollar Tree Inc                                                  | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     11828 | NS      | $1067595.28   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc                                        | IQVIA Holdings Inc                                               | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |     39844 | NS      | $5591308.52   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                                     | AECOM                                                            | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     14454 | NS      | $1587771.90   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC                                  | Willis Towers Watson PLC                                         | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     10545 | NS      | $3338019.75   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                               | NVIDIA Corp                                                      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    268192 | NS      | $36240784.96  | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                              | Chevron Corp                                                     | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14332 | NS      | $1959184.40   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                                 | Adobe Inc                                                        | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      9978 | NS      | $4141768.02   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                              | Alphabet Inc                                                     | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    119956 | NS      | $20734394.60  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                                        | Walt Disney Co/The                                               | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     88566 | NS      | $10011500.64  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                                 | Linde PLC                                                        | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     10594 | NS      | $4953542.52   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                               | Walmart Inc                                                      | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    138819 | NS      | $13704211.68  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                                          | Coca-Cola Co/The                                                 | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     70361 | NS      | $5073028.10   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                                                | PACCAR Inc                                                       | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     23362 | NS      | $2192523.70   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                                          | Roche Holding AG                                                 | CUSIP: 771195104<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     99256 | NS      | $4000016.80   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                                    | Intuitive Surgical Inc                                           | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      2352 | NS      | $1299103.68   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp                          | Booz Allen Hamilton Holding Corp                                 | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     27033 | NS      | $2872256.25   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                              | Broadcom Inc                                                     | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     70784 | NS      | $17134682.88  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                      | Bank of America Corp                                             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    220137 | NS      | $9714645.81   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                                               | Cameco Corp                                                      | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     25080 | NS      | $1467932.40   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                                        | Home Depot Inc/The                                               | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     24189 | NS      | $8908566.81   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc                                      | Labcorp Holdings Inc                                             | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15292 | NS      | $3807249.24   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                                              | Veralto Corp                                                     | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |     46331 | NS      | $4680820.93   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                                                  | CSX Corp                                                         | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    163709 | NS      | $5171567.31   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                               | Goldman Sachs Group Inc/The                                      | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     18199 | NS      | $10927589.55  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                                            | ServiceNow Inc                                                   | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3137 | NS      | $3171789.33   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                                | Deere & Co                                                       | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      7758 | NS      | $3927565.08   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                                   | Charles Schwab Corp/The                                          | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    134027 | NS      | $11839945.18  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                        | Meta Platforms Inc                                               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     34189 | NS      | $22137035.61  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                                | Pfizer Inc                                                       | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |      8730 | NS      | $205067.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                                               | Ameren Corp                                                      | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     32586 | NS      | $3156931.68   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                               | Oracle Corp                                                      | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     63952 | NS      | $10585974.56  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                                  | RTX Corp                                                         | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     35375 | NS      | $4827980.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp                                 | Edwards Lifesciences Corp                                        | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     25442 | NS      | $1990073.24   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                                            | GE Vernova Inc                                                   | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     16332 | NS      | $7724709.36   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                                           | Gen Digital Inc                                                  | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     10011 | NS      | $285113.28    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc                                | LPL Financial Holdings Inc                                       | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      2952 | NS      | $1142896.32   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                            | Starbucks Corp                                                   | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     28026 | NS      | $2352782.70   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                                        | Ingersoll Rand Inc                                               | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     10221 | NS      | $834442.44    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                                              | QUALCOMM Inc                                                     | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      4512 | NS      | $655142.40    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AB International Small Cap Portfolio                      | AB International Small Cap Portfolio                             | CUSIP: 085567816<br>LEI: 549300G1B9DY1MOTDQ52 | Long             | EC               | RF                | US        |   2492486 | NS      | $34371379.86  | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                                              | AutoZone Inc                                                     | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |      1837 | NS      | $6857594.48   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp                                       | Otis Worldwide Corp                                              | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     32368 | NS      | $3086288.80   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                                  | KLA Corp                                                         | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      4133 | NS      | $3128185.04   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                                 | Apple Inc                                                        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    107532 | NS      | $21597802.20  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc                             | Regeneron Pharmaceuticals Inc                                    | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      4255 | NS      | $2086141.40   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd                 | Taiwan Semiconductor Manufacturing Co Ltd                        | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     30757 | NS      | $5945943.24   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Bernstein Small Cap Core Portfolio                        | Bernstein Small Cap Core Portfolio                               | CUSIP: 085567725<br>LEI: 549300P1KZB3RPQ3EX57 | Long             | EC               | RF                | US        |   1566157 | NS      | $17572278.38  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                                  | Digital Realty Trust Inc                                         | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               |  | US        |     23917 | NS      | $4102243.84   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AB Discovery Value Fund                                   | AB Discovery Value Fund                                          | CUSIP: 018914804<br>LEI: 549300WKD6DWM5XTLS83 | Long             | EC               | RF                | US        |   1354836 | NS      | $26026394.66  | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                           | T-Mobile US Inc                                                  | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     29971 | NS      | $7258976.20   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AB Discovery Growth Fund Inc                              | AB Discovery Growth Fund Inc                                     | CUSIP: 018636803<br>LEI: 549300I01DFK1EYZ2O55 | Long             | EC               | RF                | US        |   1632861 | NS      | $20067867.20  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                                      | Booking Holdings Inc                                             | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       236 | NS      | $1302467.48   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                            | Merck & Co Inc                                                   | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     34157 | NS      | $2624623.88   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                            | S&P Global Inc                                                   | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      9051 | NS      | $4641895.86   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                                               | Waters Corp                                                      | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |     11754 | NS      | $4104966.96   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                            | Eli Lilly & Co                                                   | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      4340 | NS      | $3201487.80   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                       | JPMorgan Chase & Co                                              | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      7890 | NS      | $2082960.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                            | Amazon.com Inc                                                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    115143 | NS      | $23605466.43  | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                                            | Eaton Corp PLC                                                   | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     28704 | NS      | $9191020.80   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                                       | Gilead Sciences Inc                                              | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       412 | NS      | $45352.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-26

**Name of Applicant:** AB PORTFOLIOS

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller