AllianceBernstein National Municipal Income Fund
AFB
81 hedge funds and large institutions have $190M invested in AllianceBernstein National Municipal Income Fund in 2024 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
4.99% more ownership
Funds ownership: 55.6% → 60.59% (+5%)
1% more funds holding
Funds holding: 80 → 81 (+1)
1% more capital invested
Capital invested by funds: $189M → $190M (+$1.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
+$6.61M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$6.28M |
| 3 |
KeyBank National Association
Cleveland,
Ohio
|
+$2.3M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.43M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.44M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.08M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.02M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$788K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$286K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWSG
76
GPS Wealth Strategies Group
Centennial,
Colorado
| $4.6K | – | – | – |
|
|
MWM
77
Mascoma Wealth Management
Hanover,
New Hampshire
| $3.75K | – | – | – |
|
|
MA
78
Montag & Associates
Atlanta,
Georgia
| $3.5K | – | – | – |
|
|
CAS
79
Coppell Advisory Solutions
Coppell,
Texas
| $1.47K | – | – | – |
|
80
Comerica Bank
Dallas,
Texas
| $1.14K | -$68 | -6 | -5% |
|
|
RDIA
81
RE Dickinson Investment Advisors
Council Bluffs,
Iowa
| $1K | +$79 | +7 | New |
|
|
KAS
82
Kestra Advisory Services
Austin,
Texas
| – | -$286K | -24,208 | Closed |
|
|
SA
83
Sanctuary Advisors
Indianapolis,
Indiana
| – | -$181K | -16,104 | Closed |
|
|
TL
84
Tradewinds LLC
Raleigh,
North Carolina
| – | -$155K | -13,100 | Closed |
|
85
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$140K | -11,832 | Closed |
|
|
PAG
86
Private Advisor Group
Morristown,
New Jersey
| – | -$139K | -11,777 | Closed |
|
87
Mariner
Overland Park,
Kansas
| – | -$126K | -10,664 | Closed |
|
|
PAS
88
Park Avenue Securities
New York
| – | -$122K | -10,338 | Closed |
|
|
PP
89
Pacifica Partners
Surrey,
Canada
| – | -$3K | -254 | Closed |
|
AFB Hedge Fund Activity: Q4 2024 in Review
81 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein National Municipal Income Fund (AFB) for Q4 2024, worth a combined $190M — up 0.69% from $189M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new AFB positions and 8 closed out — a net gain of 4 holders — while 27 added to existing stakes and 22 trimmed.
The largest buyer was Lido Advisors, opening a new position worth an estimated $6.61M. The largest seller was Morgan Stanley, cutting an estimated $1.44M.
- 81 institutional investors held AllianceBernstein National Municipal Income Fund (AFB) as of Q4 2024, up from 80 in Q3 2024.
- Funds reported $190M of AllianceBernstein National Municipal Income Fund stock for Q4 2024, up 0.69% quarter-over-quarter.
- 12 funds opened new AllianceBernstein National Municipal Income Fund positions in Q4 2024 and 8 closed out, a net change of +4 holders.
- The largest AllianceBernstein National Municipal Income Fund buyer in Q4 2024 was Lido Advisors, an estimated $6.61M added.
- The largest AllianceBernstein National Municipal Income Fund seller in Q4 2024 was Morgan Stanley, an estimated $1.44M sold.
Based on aggregated 13F filings for Q4 2024.