AllianceBernstein (SFBC) reports 8.4% stake in Sound Financial Bancorp common stock
Rhea-AI Filing Summary
AllianceBernstein L.P., a Delaware limited partnership, reports beneficial ownership of 215,780 shares of Sound Financial Bancorp Inc. common stock on behalf of client discretionary investment advisory accounts. This position represents 8.4% of the class. AllianceBernstein has sole voting power and sole dispositive power over all 215,780 shares, with no shared voting or dispositive power. The filing states the shares were acquired solely for investment purposes and notes that AllianceBernstein is a majority-owned subsidiary of Equitable Holdings, Inc., but operates under independent management and reports beneficial ownership separately.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 215,780 shares
Percent of class: 8.4%
Sole voting power: 215,780 shares
+1 more
4 metrics
Beneficial ownership
215,780 shares
Common stock of Sound Financial Bancorp Inc. beneficially owned by AllianceBernstein L.P.
Percent of class
8.4%
Portion of Sound Financial Bancorp Inc. common stock class held by AllianceBernstein L.P.
Sole voting power
215,780 shares
Shares over which AllianceBernstein L.P. has sole power to vote or direct the vote
Sole dispositive power
215,780 shares
Shares over which AllianceBernstein L.P. has sole power to dispose or direct disposition
Key Terms
beneficially owned, Sole Voting Power, dispositive power, discretionary investment advisory accounts
4 terms
beneficially owned financial
"Amount beneficially owned: 215,780 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 215,780.00 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.
dispositive power financial
"Sole Dispositive Power 215,780.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
discretionary investment advisory accounts financial
"shares acquired solely for investment purposes on behalf of client discretionary investment advisory accounts"
FAQ
What percentage of Sound Financial Bancorp (SFBC) does AllianceBernstein own?
AllianceBernstein L.P. reports beneficial ownership of 8.4% of the outstanding common stock of Sound Financial Bancorp Inc., representing its holdings across client discretionary investment advisory accounts.
AI-generated analysis. How Rhea-AI works. Not financial advice.