AllianceBernstein L.P. Reports New 7.9% Stake in Cava Group Inc (CAVA)
AllianceBernstein L.P. filed a Schedule 13G/A on May 18, 2026, reporting a significant increase in its position in Cava Group Inc (CAVA). As of the event date on March 31, 2026, the investment adviser reported beneficial ownership of 9,185,954 shares of common stock, representing a 7.9% stake in the company. This marks a substantial increase from the previously reported 0.0% ownership position. The filing indicates that AllianceBernstein holds sole voting power over 8,876,470 shares and sole dispositive power over 9,089,352 shares. The shares were acquired solely for investment purposes on behalf of client discretionary investment advisory accounts in the ordinary course of business. AllianceBernstein, a majority-owned subsidiary of Equitable Holdings, Inc. (EQH), operates under independent management and reports its beneficial ownership separately from EQH. The filing confirms that these securities were not acquired with the intent to influence or change the control of Cava Group Inc.