abrdn National Municipal Income Fund
VFL
VFL was delisted on the 10th of July, 2026.
48 hedge funds and large institutions have $29.5M invested in abrdn National Municipal Income Fund in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 11 closing their positions.
1.8% less ownership
Funds ownership: 25.08% → 23.28% (-1.8%)
6% less capital invested
Capital invested by funds: $31.2M → $29.5M (-$1.73M)
17% less funds holding
Funds holding: 58 → 48 (-10)
47% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 19
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$864K |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$348K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$112K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$64.6K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$45K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.19M |
| 2 |
WA
Whipplewood Advisors
Littleton,
Colorado
|
-$475K |
| 3 |
SWA
Sightline Wealth Advisors
Groton,
Connecticut
|
-$318K |
| 4 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
-$299K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$294K |
VFL Hedge Fund Activity: Q1 2025 in Review
48 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in abrdn National Municipal Income Fund (VFL) for Q1 2025, worth a combined $29.5M — down 5.5% from $31.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of VFL and 3 opened new positions — a net loss of 8 holders — while 19 trimmed existing stakes and 10 added.
The largest buyer was Riverbridge Partners, adding an estimated $864K. The largest seller was Guggenheim Capital, cutting an estimated $1.19M.
- 48 institutional investors held abrdn National Municipal Income Fund (VFL) as of Q1 2025, down from 58 in Q4 2024.
- Funds reported $29.5M of abrdn National Municipal Income Fund stock for Q1 2025, down 5.5% quarter-over-quarter.
- 3 funds opened new abrdn National Municipal Income Fund positions in Q1 2025 and 11 closed out, a net change of -8 holders.
- The largest abrdn National Municipal Income Fund buyer in Q1 2025 was Riverbridge Partners, an estimated $864K added.
- The largest abrdn National Municipal Income Fund seller in Q1 2025 was Guggenheim Capital, an estimated $1.19M sold.
Based on aggregated 13F filings for Q1 2025.