AllianceBernstein (HXL) holds 3.40M shares, 4.5% stake reported
Rhea-AI Filing Summary
AllianceBernstein L.P. reports beneficial ownership of 3,402,409 shares of Hexcel Corp common stock, representing 4.5% of the class as disclosed in an amendment to its Schedule 13G/A.
The filing states AllianceBernstein has sole voting power for 3,051,939 shares, sole dispositive power for 3,337,187 shares, and shared dispositive power for 65,222 shares. The reporting CUSIP is 428291108.
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Insights
Large asset manager reports a passive stake below 5% in Hexcel.
AllianceBernstein discloses a 3,402,409-share holding, equal to 4.5% of Hexcel common stock. The filing identifies specific voting and dispositive powers held by AllianceBernstein across those shares.
Because the position is below the 5% threshold, the filing is consistent with passive institutional disclosure practices; subsequent filings could show changes if the stake crosses regulatory thresholds.