AllianceBernstein National Municipal Income Fund
AFB
67 hedge funds and large institutions have $141M invested in AllianceBernstein National Municipal Income Fund in 2021 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
3% more funds holding
Funds holding: 65 → 67 (+2)
1% more capital invested
Capital invested by funds: $140M → $141M (+$797K)
0.45% more ownership
Funds ownership: 32.54% → 32.98% (+0.45%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
+$5.96M |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$2.64M |
| 3 |
PWS
Private Wealth Strategies
New Albany,
Ohio
|
+$1.49M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$542K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$415K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$10.2M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.42M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.73M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$928K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$667K |
AFB Hedge Fund Activity: Q4 2021 in Review
67 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein National Municipal Income Fund (AFB) for Q4 2021, worth a combined $141M — up 0.57% from $140M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new AFB positions and 10 closed out — a net gain of 2 holders — while 16 added to existing stakes and 21 trimmed.
The largest buyer was KeyBank National Association, adding an estimated $5.96M. The largest seller was Wells Fargo, cutting an estimated $10.2M.
- 67 institutional investors held AllianceBernstein National Municipal Income Fund (AFB) as of Q4 2021, up from 65 in Q3 2021.
- Funds reported $141M of AllianceBernstein National Municipal Income Fund stock for Q4 2021, up 0.57% quarter-over-quarter.
- 12 funds opened new AllianceBernstein National Municipal Income Fund positions in Q4 2021 and 10 closed out, a net change of +2 holders.
- The largest AllianceBernstein National Municipal Income Fund buyer in Q4 2021 was KeyBank National Association, an estimated $5.96M added.
- The largest AllianceBernstein National Municipal Income Fund seller in Q4 2021 was Wells Fargo, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2021.