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AFB

AllianceBernstein National Municipal Income Fund

80 hedge funds and large institutions have $146M invested in AllianceBernstein National Municipal Income Fund in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 27 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.02% more ownership

Funds ownership: 46.37%47.38% (+1%)

4% more capital invested

Capital invested by funds: $141M → $146M (+$5.05M)

0% more funds holding

Funds holding: 8080 (0)

0% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 10

0% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 27

Holders
80
Holders Change
Holders Change %
0%
% of All Funds
1.26%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
27
Reduced
27
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DWM
51
Drive Wealth Management
Utah
$139K -$17K -1,602 -11%
US Bancorp
52
US Bancorp
Minnesota
$137K
RJFSA
53
Raymond James Financial Services Advisors
Florida
$137K -$2.4K -226 -2%
IC
54
IEQ Capital
California
$137K +$135K +12,741 New
BPA
55
Beacon Pointe Advisors
California
$136K +$134K +12,662 New
SCA
56
SMH Capital Advisors
Texas
$130K +$541 +51 +0.4%
RIG
57
Ramiah Investment Group
Wisconsin
$129K -$4.71K -444 -4%
KPWS
58
Kestra Private Wealth Services
Texas
$124K
Susquehanna International Group
59
Susquehanna International Group
Pennsylvania
$123K +$122K +11,503 New
MML Investors Services
60
MML Investors Services
Massachusetts
$123K -$143K -13,521 -54%
TPWA
61
TRUE Private Wealth Advisors
Oregon
$117K
MFG
62
Merit Financial Group
Georgia
$109K +$108K +10,203 New
SPIA
63
Steward Partners Investment Advisory
New York
$102K -$1.97K -186 -2%
PNC Financial Services Group
64
PNC Financial Services Group
Pennsylvania
$51.9K
FPB
65
First PREMIER Bank
South Dakota
$50K
Northwestern Mutual Wealth Management
66
Northwestern Mutual Wealth Management
Wisconsin
$45.3K +$6.46K +610 +17%
AWM
67
Avior Wealth Management
Nebraska
$40.8K +$371 +35 +0.9%
MA
68
MCF Advisors
Kentucky
$33.8K +$307 +29 +0.9%
CFGS
69
Concourse Financial Group Securities
Alabama
$29.5K
OP
70
ORG Partners
Indiana
$17K +$16.6K +1,568 New
SS
71
Sunbelt Securities
Texas
$10.7K
Carson Wealth (CWM LLC)
72
Carson Wealth (CWM LLC)
Nebraska
$6K +$3.96K +374 +193%
Bessemer Group
73
Bessemer Group
New Jersey
$4K +$223 +21 +6%
MWM
74
Mascoma Wealth Management
New Hampshire
$3.56K
MA
75
Montag & Associates
Georgia
$3.46K

AFB Hedge Fund Activity: Q2 2023 in Review

80 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein National Municipal Income Fund (AFB) for Q2 2023, worth a combined $146M — up 3.6% from $141M a quarter earlier.

Fund positioning in AFB was balanced in Q2 2023: 10 funds opened new positions, 10 closed out, 27 added to existing stakes and 27 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $2.88M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.19M sold.

  • 80 institutional investors held AllianceBernstein National Municipal Income Fund (AFB) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $146M of AllianceBernstein National Municipal Income Fund stock for Q2 2023, up 3.6% quarter-over-quarter.
  • 10 funds opened new AllianceBernstein National Municipal Income Fund positions in Q2 2023 and 10 closed out, a net change of 0 holders.
  • The largest AllianceBernstein National Municipal Income Fund buyer in Q2 2023 was Saba Capital Management, an estimated $2.88M added.
  • The largest AllianceBernstein National Municipal Income Fund seller in Q2 2023 was Robinson Capital Management, an estimated $1.19M sold.

Based on aggregated 13F filings for Q2 2023.