AllianceBernstein (HNVR) reports 317,382-share, 4.4% stake in Hanover Bancorp
Rhea-AI Filing Summary
Hanover Bancorp Inc ownership update: AllianceBernstein L.P. reports beneficial ownership of 317,382 shares of Common Stock, representing 4.4% of the class as of 03/31/2026. The shares are held solely for investment purposes on behalf of client discretionary advisory accounts, with AllianceBernstein claiming sole voting and dispositive power over the shares.
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Insights
Large passive stake disclosed: 4.4% ownership by a major asset manager.
AllianceBernstein L.P. disclosed 317,382 shares of Hanover Bancorp Inc Common Stock, equal to 4.4% of the class as of 03/31/2026. The filing states these holdings are held solely for investment purposes in client discretionary accounts.
Cash‑flow treatment and any planned transactions are not described in the excerpt; subsequent filings would show if this position is changed.
Disclosure follows Schedule 13G/A norms for institutional investors.
The filing attributes sole voting and sole dispositive power to AllianceBernstein for the stated shares and cites the firm’s ownership relationship with Equitable Holdings. The filing includes the CUSIP 410709109 to identify the security.
This is a regulatory ownership disclosure; the filing notes ownership is under 5% and signed by a compliance officer.