AllianceBernstein National Municipal Income Fund
AFB
34 hedge funds and large institutions have $25.3M invested in AllianceBernstein National Municipal Income Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 4 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
0% more funds holding
Funds holding: 34 → 34 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.36% less ownership
Funds ownership: 6.84% → 6.48% (-0.36%)
60% less capital inflows, than outflows
Capital inflows: $925K | Capital outflows: $2.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
+$561K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$125K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$114K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$27.2K |
| 5 |
UBS
Zurich,
Switzerland
|
+$27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.77M |
| 2 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$161K |
| 3 |
Segment Wealth Management
Houston,
Texas
|
-$102K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$88K |
| 5 |
Morgan Stanley
New York
|
-$71.4K |
AFB Hedge Fund Activity: Q3 2014 in Review
34 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein National Municipal Income Fund (AFB) for Q3 2014, worth a combined $25.3M — down 7.7% from $27.4M a quarter earlier.
Fund positioning in AFB was balanced in Q3 2014: 4 funds opened new positions, 4 closed out, 11 added to existing stakes and 10 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $561K. The largest seller was Invesco, cutting an estimated $1.77M.
- 34 institutional investors held AllianceBernstein National Municipal Income Fund (AFB) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $25.3M of AllianceBernstein National Municipal Income Fund stock for Q3 2014, down 7.7% quarter-over-quarter.
- 4 funds opened new AllianceBernstein National Municipal Income Fund positions in Q3 2014 and 4 closed out, a net change of 0 holders.
- The largest AllianceBernstein National Municipal Income Fund buyer in Q3 2014 was Advisors Asset Management, an estimated $561K added.
- The largest AllianceBernstein National Municipal Income Fund seller in Q3 2014 was Invesco, an estimated $1.77M sold.
Based on aggregated 13F filings for Q3 2014.