SCHEDULE: AllianceBernstein Discloses 0.1% Stake in Korro Bio
Beneficial Ownership Disclosure
AllianceBernstein L.P. has disclosed a 0.1% passive ownership stake in Korro Bio Inc., holding 7,700 shares of common stock.
Summary
- AllianceBernstein L.P. filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership in Korro Bio Inc.
- AllianceBernstein L.P. beneficially owns 7,700 shares of Korro Bio Inc. Common Stock.
- This represents 0.1% of the class of securities.
- The shares were acquired solely for investment purposes on behalf of client discretionary investment advisory accounts.
- AllianceBernstein L.P. has sole voting power and sole dispositive power over all 7,700 shares.
- The filing certifies that the securities were not acquired for the purpose of changing or influencing control of Korro Bio Inc.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of passive ownership by an investment adviser, indicating a neutral sentiment as it provides no new operational or financial information about the issuer.
Positives
- AllianceBernstein L.P., a significant investment adviser, holds a stake in Korro Bio Inc., indicating its inclusion in client discretionary investment advisory accounts.
Future Outlook
No forward-looking statements or guidance for Korro Bio Inc. are provided.
Industry Context
This filing indicates that Korro Bio Inc. is a publicly traded company with its common stock held by institutional investors like AllianceBernstein. It does not provide broader industry trends or specific operational context.
Stakeholder Impact
- Shareholders: Provides transparency regarding institutional ownership, confirming AllianceBernstein's passive stake.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement (reporting period end date). |
| 08/13/2025 | Date of filing and signature by AllianceBernstein L.P. |
Keywords
Korro Bio Inc, AllianceBernstein, Schedule 13G, Common Stock, Beneficial Ownership, Investment Adviser, SEC Filing
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