AllianceBernstein National Municipal Income Fund
AFB
74 hedge funds and large institutions have $127M invested in AllianceBernstein National Municipal Income Fund in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 10 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 19
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
3.02% more ownership
Funds ownership: 35.02% → 38.04% (+3%)
1% more funds holding
Funds holding: 73 → 74 (+1)
0% less capital invested
Capital invested by funds: $127M → $127M (-$16.6K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$34.7M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.64M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.58M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.51M |
| 5 |
LB
Leo Brokerage
Hurst,
Texas
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.42M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.1M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$845K |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$496K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$368K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
76
Virtu Financial
New York
| – | -$299K | -23,742 | Closed |
|
77
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$132K | -10,511 | Closed |
|
|
FAG
78
Fortitude Advisory Group
Gig Harbor,
Washington
| – | -$79K | -6,281 | Closed |
|
79
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$52K | -4,137 | Closed |
|
|
HA
80
Herold Advisors
New York
| – | -$37.8K | -3,000 | Closed |
|
|
LWP
81
Laurel Wealth Planning
Edina,
Minnesota
| – | -$30K | -2,400 | Closed |
|
|
TCM
82
Tradewinds Capital Management
Bellingham,
Washington
| – | -$19K | -1,500 | Closed |
|
|
APA
83
American Portfolios Advisors
Holbrook,
New York
| – | -$7.38K | -586 | Closed |
|
|
TAM
84
Tucker Asset Management
Littleton,
Colorado
| – | -$6.89K | -547 | Closed |
|
AFB Hedge Fund Activity: Q2 2022 in Review
74 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein National Municipal Income Fund (AFB) for Q2 2022, worth a combined $127M — down 0.01% from $127M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new AFB positions and 10 closed out — a net gain of 2 holders — while 28 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $34.7M. The largest seller was 1607 Capital Partners, cutting an estimated $1.42M.
- 74 institutional investors held AllianceBernstein National Municipal Income Fund (AFB) as of Q2 2022, up from 73 in Q1 2022.
- Funds reported $127M of AllianceBernstein National Municipal Income Fund stock for Q2 2022, down 0.01% quarter-over-quarter.
- 12 funds opened new AllianceBernstein National Municipal Income Fund positions in Q2 2022 and 10 closed out, a net change of +2 holders.
- The largest AllianceBernstein National Municipal Income Fund buyer in Q2 2022 was Morgan Stanley, an estimated $34.7M added.
- The largest AllianceBernstein National Municipal Income Fund seller in Q2 2022 was 1607 Capital Partners, an estimated $1.42M sold.
Based on aggregated 13F filings for Q2 2022.