AllianceBernstein National Municipal Income Fund
AFB
73 hedge funds and large institutions have $127M invested in AllianceBernstein National Municipal Income Fund in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
9% more funds holding
Funds holding: 67 → 73 (+6)
2.03% more ownership
Funds ownership: 32.98% → 35.02% (+2%)
10% less capital invested
Capital invested by funds: $141M → $127M (-$14M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$2.36M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.5M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.42M |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
+$840K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$664K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWS
Private Wealth Strategies
New Albany,
Ohio
|
-$520K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$460K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$381K |
| 4 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$266K |
| 5 |
Millennium Management
New York
|
-$222K |
AFB Hedge Fund Activity: Q1 2022 in Review
73 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein National Municipal Income Fund (AFB) for Q1 2022, worth a combined $127M — down 10% from $141M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new AFB positions and 7 closed out — a net gain of 7 holders — while 26 added to existing stakes and 16 trimmed.
The largest buyer was Vivaldi Capital Management, opening a new position worth an estimated $2.36M. The largest seller was Private Wealth Strategies, cutting an estimated $520K.
- 73 institutional investors held AllianceBernstein National Municipal Income Fund (AFB) as of Q1 2022, up from 67 in Q4 2021.
- Funds reported $127M of AllianceBernstein National Municipal Income Fund stock for Q1 2022, down 10% quarter-over-quarter.
- 14 funds opened new AllianceBernstein National Municipal Income Fund positions in Q1 2022 and 7 closed out, a net change of +7 holders.
- The largest AllianceBernstein National Municipal Income Fund buyer in Q1 2022 was Vivaldi Capital Management, an estimated $2.36M added.
- The largest AllianceBernstein National Municipal Income Fund seller in Q1 2022 was Private Wealth Strategies, an estimated $520K sold.
Based on aggregated 13F filings for Q1 2022.