AllianceBernstein National Municipal Income Fund
AFB
50 hedge funds and large institutions have $39.6M invested in AllianceBernstein National Municipal Income Fund in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
19% more funds holding
Funds holding: 42 → 50 (+8)
18% more capital invested
Capital invested by funds: $33.4M → $39.6M (+$6.12M)
1.54% more ownership
Funds ownership: 8.8% → 10.34% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Samson Capital Advisors
New York
|
+$3.79M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.08M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$647K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$486K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$383K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.83M |
| 2 |
SWM
Segment Wealth Management
Houston,
Texas
|
-$283K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$182K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$167K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$116K |
AFB Hedge Fund Activity: Q3 2015 in Review
50 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein National Municipal Income Fund (AFB) for Q3 2015, worth a combined $39.6M — up 18% from $33.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new AFB positions and 3 closed out — a net gain of 8 holders — while 15 added to existing stakes and 10 trimmed.
The largest buyer was Samson Capital Advisors, opening a new position worth an estimated $3.79M. The largest seller was Advisors Asset Management, cutting an estimated $1.83M.
- 50 institutional investors held AllianceBernstein National Municipal Income Fund (AFB) as of Q3 2015, up from 42 in Q2 2015.
- Funds reported $39.6M of AllianceBernstein National Municipal Income Fund stock for Q3 2015, up 18% quarter-over-quarter.
- 11 funds opened new AllianceBernstein National Municipal Income Fund positions in Q3 2015 and 3 closed out, a net change of +8 holders.
- The largest AllianceBernstein National Municipal Income Fund buyer in Q3 2015 was Samson Capital Advisors, an estimated $3.79M added.
- The largest AllianceBernstein National Municipal Income Fund seller in Q3 2015 was Advisors Asset Management, an estimated $1.83M sold.
Based on aggregated 13F filings for Q3 2015.