Fifth District Bancorp (FDSB): AllianceBernstein reports 6.8% ownership stake
Rhea-AI Filing Summary
Fifth District Bancorp Inc reported that AllianceBernstein L.P. filed an amended Schedule 13G indicating a significant institutional holding. As of June 30, 2026, AllianceBernstein beneficially owned 356,440 shares of Fifth District Bancorp common stock, representing 6.8% of the class, held for client discretionary investment advisory accounts.
AllianceBernstein has sole voting power and sole dispositive power over all 356,440 shares, with no shared voting or dispositive power reported. AllianceBernstein is a majority owned subsidiary of Equitable Holdings, Inc., but states it operates under independent management and reports beneficial ownership separately.
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Key Figures
Beneficial ownership: 356,440 shares
Percent of class: 6.8%
Sole voting power: 356,440 shares
+3 more
6 metrics
Beneficial ownership
356,440 shares
Shares of Fifth District Bancorp Inc common stock beneficially owned by AllianceBernstein L.P. as of June 30, 2026
Percent of class
6.8%
Portion of Fifth District Bancorp Inc common stock class beneficially owned by AllianceBernstein L.P.
Sole voting power
356,440 shares
Shares over which AllianceBernstein L.P. has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which AllianceBernstein L.P. reports shared power to vote
Sole dispositive power
356,440 shares
Shares over which AllianceBernstein L.P. has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which AllianceBernstein L.P. reports shared power to dispose
Key Terms
beneficially owned, sole voting power, sole dispositive power, discretionary investment advisory accounts, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 356,440 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 356,440.00"
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 356,440.00"
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"
percent of class financial
"Percent of class: 6.8 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What stake does AllianceBernstein L.P. report in Fifth District Bancorp Inc (FDSB)?
AllianceBernstein L.P. reports beneficial ownership of 356,440 shares of Fifth District Bancorp Inc common stock, representing 6.8% of the outstanding class as of June 30, 2026, held for client discretionary investment advisory accounts.
What dispositive power does AllianceBernstein hold over FDSB stock?
AllianceBernstein reports sole dispositive power over 356,440 shares of Fifth District Bancorp Inc and no shared dispositive power, indicating it can independently decide to sell or otherwise dispose of those shares for its advisory accounts.
Is AllianceBernstein’s FDSB ownership held for its own account or for clients?
The 356,440 shares of Fifth District Bancorp Inc are stated as acquired solely for investment purposes on behalf of client discretionary investment advisory accounts, rather than for AllianceBernstein’s proprietary account.
AI-generated analysis. How Rhea-AI works. Not financial advice.