AllianceBernstein National Municipal Income Fund
AFB
57 hedge funds and large institutions have $59.3M invested in AllianceBernstein National Municipal Income Fund in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 5 closing their positions.
4% more capital invested
Capital invested by funds: $57.2M → $59.3M (+$2.06M)
0.19% more ownership
Funds ownership: 15.16% → 15.35% (+0.19%)
0% more funds holding
Funds holding: 57 → 57 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$7.01M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.38M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$257K |
| 4 |
Millennium Management
New York
|
+$230K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.79M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.94M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.66M |
| 4 |
LPL Financial
San Diego,
California
|
-$837K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$404K |
AFB Hedge Fund Activity: Q2 2017 in Review
57 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein National Municipal Income Fund (AFB) for Q2 2017, worth a combined $59.3M — up 3.6% from $57.2M a quarter earlier.
Fund positioning in AFB was balanced in Q2 2017: 5 funds opened new positions, 5 closed out, 15 added to existing stakes and 19 trimmed.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $7.01M. The largest seller was Fiera Capital (Canada), cutting an estimated $3.79M.
- 57 institutional investors held AllianceBernstein National Municipal Income Fund (AFB) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $59.3M of AllianceBernstein National Municipal Income Fund stock for Q2 2017, up 3.6% quarter-over-quarter.
- 5 funds opened new AllianceBernstein National Municipal Income Fund positions in Q2 2017 and 5 closed out, a net change of 0 holders.
- The largest AllianceBernstein National Municipal Income Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $7.01M added.
- The largest AllianceBernstein National Municipal Income Fund seller in Q2 2017 was Fiera Capital (Canada), an estimated $3.79M sold.
Based on aggregated 13F filings for Q2 2017.