AllianceBernstein (BVFL) discloses 8.8% BV Financial stake of 764,934 shares
Rhea-AI Filing Summary
AllianceBernstein L.P. reported beneficial ownership of 764,934 shares of BV Financial Inc. common stock on behalf of client discretionary investment advisory accounts, representing 8.8% of the class as of June 30, 2026.
AllianceBernstein has sole voting power and sole dispositive power over all 764,934 shares, with no shared voting or dispositive power. The firm states the position was acquired solely for investment purposes and operates under independent management from its majority owner, Equitable Holdings, Inc.
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Key Figures
Beneficial ownership stake: 8.8%
Shares beneficially owned: 764,934 shares
Sole voting power: 764,934 shares
+1 more
4 metrics
Beneficial ownership stake
8.8%
Percent of BV Financial Inc. common stock class reported by AllianceBernstein L.P.
Shares beneficially owned
764,934 shares
BV Financial Inc. common stock held for client discretionary advisory accounts
Sole voting power
764,934 shares
Shares over which AllianceBernstein L.P. has sole power to vote or direct the vote
Sole dispositive power
764,934 shares
Shares over which AllianceBernstein L.P. has sole power to dispose or direct disposition
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, discretionary investment advisory accounts, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 764,934 shares acquired solely for investment purposes"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"Sole Voting Power 764,934.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"Sole Dispositive Power 764,934.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
discretionary investment advisory accounts financial
"shares acquired solely for investment purposes on behalf of client discretionary investment advisory accounts"
Schedule 13G regulatory
"AllianceBernstein reports beneficial ownership on this Schedule 13G/A"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What percentage of BVFL does AllianceBernstein L.P. report owning in this Schedule 13G/A?
AllianceBernstein L.P. reports beneficial ownership of 8.8% of BV Financial Inc. (BVFL) common stock. This stake reflects shares held for client discretionary investment advisory accounts, not proprietary holdings.
What is the relationship between AllianceBernstein L.P. and Equitable Holdings regarding BVFL ownership reporting?
AllianceBernstein L.P. is a majority owned subsidiary of Equitable Holdings, Inc., but states it operates under independent management and that Equitable Holdings calculates and reports beneficial ownership separately.
AI-generated analysis. How Rhea-AI works. Not financial advice.