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AFB

AllianceBernstein National Municipal Income Fund

83 hedge funds and large institutions have $170M invested in AllianceBernstein National Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 33 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 7

6% more funds holding

Funds holding: 7883 (+5)

3% less capital invested

Capital invested by funds: $175M → $170M (-$5.56M)

2.52% less ownership

Funds ownership: 56.27%53.75% (-2.5%)

24% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 33

Holders
83
Holders Change
+5
Holders Change %
+6.41%
% of All Funds
1.2%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
25
Reduced
33
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$1.12M +$486K +44,751 +78%
RIL
27
Rothschild Investment LLC
Illinois
$1.11M
BWG
28
Balanced Wealth Group
Ohio
$963K +$221K +20,313 +30%
IWC
29
Integrated Wealth Concepts
Massachusetts
$906K -$1.63K -150 -0.2%
CIA
30
Capital Investment Advisors
Georgia
$892K -$43.6K -4,016 -5%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$835K +$489K +45,035 +146%
WAM
32
Wolverine Asset Management
Illinois
$642K +$537K +49,462 +552%
Bank of America
33
Bank of America
North Carolina
$631K -$16.8K -1,543 -3%
NFG
34
Nations Financial Group
Iowa
$527K -$10.9K -1,000 -2%
MWM
35
Melfa Wealth Management
Massachusetts
$521K -$64.1K -5,901 -11%
DWM
36
Dakota Wealth Management
Florida
$471K -$18.5K -1,700 -4%
HighTower Advisors
37
HighTower Advisors
Illinois
$466K -$107K -9,863 -19%
AC
38
Almitas Capital
California
$451K +$446K +41,054 New
Cohen & Steers
39
Cohen & Steers
New York
$440K +$109K +10,000 +33%
LCM
40
Landscape Capital Management
New Jersey
$440K -$48.3K -4,445 -10%
Ameriprise
41
Ameriprise
Minnesota
$417K +$1.51K +139 +0.4%
AWA
42
Arete Wealth Advisors
Illinois
$400K -$18K -1,654 -4%
Invesco
43
Invesco
Georgia
$399K +$161K +14,830 +69%
Stifel Financial
44
Stifel Financial
Missouri
$373K +$43.1K +3,967 +13%
Rockefeller Capital Management
45
Rockefeller Capital Management
New York
$350K +$346K +31,880 New
AWM
46
Avior Wealth Management
Nebraska
$349K +$303K +27,890 +720%
HIP
47
HUB Investment Partners
Texas
$330K
NMC
48
Nine Masts Capital
Hong Kong
$301K +$298K +27,422 New
SIA
49
SkyView Investment Advisors
New Jersey
$291K +$288K +26,481 New
JWM
50
Jupiter Wealth Management
Colorado
$257K

AFB Hedge Fund Activity: Q1 2024 in Review

83 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein National Municipal Income Fund (AFB) for Q1 2024, worth a combined $170M — down 3.2% from $175M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new AFB positions and 7 closed out — a net gain of 5 holders — while 25 added to existing stakes and 33 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $6.01M. The largest seller was Morgan Stanley, cutting an estimated $16.9M.

  • 83 institutional investors held AllianceBernstein National Municipal Income Fund (AFB) as of Q1 2024, up from 78 in Q4 2023.
  • Funds reported $170M of AllianceBernstein National Municipal Income Fund stock for Q1 2024, down 3.2% quarter-over-quarter.
  • 12 funds opened new AllianceBernstein National Municipal Income Fund positions in Q1 2024 and 7 closed out, a net change of +5 holders.
  • The largest AllianceBernstein National Municipal Income Fund buyer in Q1 2024 was Saba Capital Management, an estimated $6.01M added.
  • The largest AllianceBernstein National Municipal Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $16.9M sold.

Based on aggregated 13F filings for Q1 2024.