AllianceBernstein reports 7.3% stake in California BanCorp (BCAL)
Rhea-AI Filing Summary
AllianceBernstein L.P. filed an amended Schedule 13G reporting its beneficial ownership of California BanCorp common stock. It reports holding 2,347,421 shares, representing 7.3% of the outstanding common stock as of the event date of December 31, 2025.
The shares are held in discretionary investment advisory accounts and are stated to be acquired solely for investment purposes. AllianceBernstein has sole voting and dispositive power over all reported shares and certifies that the position is not intended to change or influence control of California BanCorp.
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FAQ
What stake does AllianceBernstein hold in California BanCorp (BCAL)?
AllianceBernstein L.P. reports beneficial ownership of 2,347,421 California BanCorp common shares, representing 7.3% of the class. This position is reported on an amended Schedule 13G, indicating a significant but non-controlling investment stake in the bank holding company.
Is AllianceBernstein seeking control of California BanCorp (BCAL)?
AllianceBernstein states the California BanCorp shares were acquired and are held in the ordinary course of business, solely for investment purposes. It certifies they were not acquired and are not held to change or influence control of the issuer, consistent with a passive institutional investment.
On what date was AllianceBernstein’s 13G ownership in BCAL measured?
The ownership information is reported as of an event date of December 31, 2025. On that date, AllianceBernstein’s beneficial holdings in California BanCorp common stock totaled 2,347,421 shares, representing 7.3% of the outstanding class according to the filing.
What type of SEC filing did AllianceBernstein submit for BCAL?
AllianceBernstein submitted an Amendment No. 4 to Schedule 13G for California BanCorp common stock. Schedule 13G is used by certain investors to report beneficial ownership exceeding 5% of a registered class when the holdings are maintained on a passive, non-control basis.