AllianceBernstein (PTLO) discloses 63,390 Portillo's shares held for clients
Rhea-AI Filing Summary
AllianceBernstein L.P. filed an amended ownership report regarding its position in Portillo's Inc63,390 shares of Portillo's common stock, held solely for investment purposes in client discretionary investment advisory accounts.
AllianceBernstein states it has sole voting power and sole dispositive power over all 63,390 shares, with no shared voting or dispositive power. This position represents approximately 0.1% of the outstanding common stock, and the filer confirms ownership of 5 percent or less of this class of securities.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 63,390 shares
Percent of class: 0.1 %
Sole voting power: 63,390 shares
+1 more
4 metrics
Shares beneficially owned
63,390 shares
Common stock of Portillo's Inc beneficially owned by AllianceBernstein L.P.
Percent of class
0.1 %
Portillo's Inc common stock represented by the reported 63,390 shares
Sole voting power
63,390 shares
Shares for which AllianceBernstein L.P. has sole power to vote
Sole dispositive power
63,390 shares
Shares for which AllianceBernstein L.P. has sole power to dispose
Key Terms
beneficially owned, sole voting power, sole dispositive power, discretionary investment advisory accounts
4 terms
beneficially owned financial
"Amount beneficially owned: 63,390 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 63,390.00 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 63,390.00 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"
FAQ
What stake does AllianceBernstein report in Portillo's Inc (PTLO)?
AllianceBernstein reports beneficial ownership of 63,390 shares of Portillo's Inc common stock, representing approximately 0.1% of the class, held for investment in client discretionary advisory accounts.
Is AllianceBernstein a major (5%+) holder of Portillo's Inc (PTLO)?
No. AllianceBernstein states its position represents 0.1% of the class and specifically notes ownership of 5 percent or less of Portillo's Inc common stock.
On whose behalf does AllianceBernstein hold its PTLO position?
The filing notes the 63,390 shares are held solely for investment purposes on behalf of client discretionary investment advisory accounts, not as proprietary holdings of AllianceBernstein.
AI-generated analysis. How Rhea-AI works. Not financial advice.