AllianceBernstein National Municipal Income Fund
AFB
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.
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: 80 → 80 (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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.88M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.97M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.6M |
| 4 |
Bank of New York Mellon
New York
|
+$815K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$539K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.19M |
| 2 |
Lido Advisors
Los Angeles,
California
|
-$1.06M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$745K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$435K |
| 5 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$315K |
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.