AllianceBernstein National Municipal Income Fund
AFB
41 hedge funds and large institutions have $25.4M invested in AllianceBernstein National Municipal Income Fund in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
21% more funds holding
Funds holding: 34 → 41 (+7)
19% more capital inflows, than outflows
Capital inflows: $3.39M | Capital outflows: $2.85M
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
0.07% less ownership
Funds ownership: 6.48% → 6.41% (-0.07%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
+$649K |
| 2 |
Laurion Capital Management
New York
|
+$250K |
| 3 |
Virtu KCG Holdings
New York
|
+$249K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$233K |
| 5 |
SG Americas Securities
New York
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.84M |
| 2 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$295K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$281K |
| 4 |
Advisors Asset Management
Monument,
Colorado
|
-$215K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$52.3K |
AFB Hedge Fund Activity: Q4 2014 in Review
41 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein National Municipal Income Fund (AFB) for Q4 2014, worth a combined $25.4M — up 0.41% from $25.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new AFB positions and 3 closed out — a net gain of 8 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $649K. The largest seller was Invesco, cutting an estimated $1.84M.
- 41 institutional investors held AllianceBernstein National Municipal Income Fund (AFB) as of Q4 2014, up from 34 in Q3 2014.
- Funds reported $25.4M of AllianceBernstein National Municipal Income Fund stock for Q4 2014, up 0.41% quarter-over-quarter.
- 11 funds opened new AllianceBernstein National Municipal Income Fund positions in Q4 2014 and 3 closed out, a net change of +8 holders.
- The largest AllianceBernstein National Municipal Income Fund buyer in Q4 2014 was Guggenheim Capital, an estimated $649K added.
- The largest AllianceBernstein National Municipal Income Fund seller in Q4 2014 was Invesco, an estimated $1.84M sold.
Based on aggregated 13F filings for Q4 2014.