Skip to main content

Alliancebernstein National Municipal Income Fund

AFB
Exchange
NYSE
SEC CIK
0001162027

No open-market purchases or sales by Alliancebernstein National Municipal Income Fund insiders were filed in the last 90 days; 87 institutions reported holding it in 13F filings for Q2 2026, worth $208.7M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Alliancebernstein National Municipal Income Fund as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
76
−5 vs. Q2 2025
Shares held
18.0M
+708.9K (+4.1%) vs. Q2 2025
Total value
$195.0M
+$17.0M (+9.5%) vs. Q2 2025
New holders
6
25 more added
Sold out
11
23 more reduced

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting AFB on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 76 institutions
Q1 2021: 69 institutionsQ2 2021: 68 institutionsQ3 2021: 65 institutionsQ4 2021: 68 institutionsQ1 2022: 72 institutionsQ2 2022: 74 institutionsQ3 2022: 75 institutionsQ4 2022: 82 institutionsQ1 2023: 80 institutionsQ2 2023: 80 institutionsQ3 2023: 75 institutionsQ4 2023: 78 institutionsQ1 2024: 83 institutionsQ2 2024: 90 institutionsQ3 2024: 80 institutionsQ4 2024: 81 institutionsQ1 2025: 79 institutionsQ2 2025: 81 institutionsQ3 2025: 76 institutionsQ4 2025: 92 institutionsQ1 2026: 92 institutionsQ2 2026: 87 institutions
Value heldQ3 2025: $195.0M
Q1 2021: $145.7MQ2 2021: $151.4MQ3 2021: $139.8MQ4 2021: $140.6MQ1 2022: $123.2MQ2 2022: $126.5MQ3 2022: $117.0MQ4 2022: $132.3MQ1 2023: $145.8MQ2 2023: $146.2MQ3 2023: $136.0MQ4 2023: $160.0MQ1 2024: $169.8MQ2 2024: $182.4MQ3 2024: $188.5MQ4 2024: $189.3MQ1 2025: $193.6MQ2 2025: $178.0MQ3 2025: $195.0MQ4 2025: $203.9MQ1 2026: $198.7MQ2 2026: $208.7M
Institutions holding AFB and their total value by quarter
QuarterHoldersValue
Q2 202687$208.7M
Q1 202692$198.7M
Q4 202592$203.9M
Q3 202576$195.0M
Q2 202581$178.0M
Q1 202579$193.6M
Q4 202481$189.3M
Q3 202480$188.5M
Q2 202490$182.4M
Q1 202483$169.8M
Q4 202378$160.0M
Q3 202375$136.0M
Q2 202380$146.2M
Q1 202380$145.8M
Q4 202282$132.3M
Q3 202275$117.0M
Q2 202274$126.5M
Q1 202272$123.2M
Q4 202168$140.6M
Q3 202165$139.8M
Q2 202168$151.4M
Q1 202169$145.7M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Alliancebernstein National Municipal Income Fund; share changes are against Q2 2025.

Institutions holding AFB in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Saba Capital Management, L.P.3,081,299$33.4M1.10%−67,721−2.2%Reduced
Pathstone Holdings, LLC2,143,102$23.3M0.09%+144,091+7.2%Added
Karpus Management, Inc.1,281,834$13.9M0.44%+136,847+12.0%Added
Allspring Global Investments Holdings, LLC1,225,785$13.3M0.02%+235,174+23.7%Added
Rivernorth Capital Management, LLC1,014,157$11.0M0.63%−69,169−6.4%Reduced
Bulldog Investors, LLP931,099$10.1M2.34%−233,091−20.0%Reduced
Keybank National Association881,698$9.57M0.03%+1240.0%Added
Morgan Stanley711,272$7.72M0.00%+30,581+4.5%Added
Sit Investment Associates Inc613,975$6.66M0.14%00.0%Unchanged
Advisors Asset Management, Inc.579,350$6.29M0.11%−1,183−0.2%Reduced
Hennion & Walsh Asset Management, Inc.563,217$6.11M0.22%+193,848+52.5%Added
Wells Fargo & Company492,846$5.35M0.00%−12,843−2.5%Reduced
Guggenheim Capital LLC472,085$5.12M0.04%+175,541+59.2%Added
City of London Investment Management Co Ltd453,640$4.92M0.36%00.0%Unchanged
Lido Advisors, LLC312,075$3.39M0.01%−58,292−15.7%Reduced
Ameriprise Financial Inc286,422$3.11M0.00%+226,131+375.1%Added
Almitas Capital LLC214,282$2.32M0.53%−202−0.1%Reduced
Royal Bank of Canada214,148$2.32M0.00%−28,327−11.7%Reduced
Van Eck Associates Corp210,562$2.29M0.00%+10,100+5.0%Added
Commonwealth Equity Services, LLC210,281$2.28M0.00%−4,849−2.3%Reduced
Indiana Trust & Investment Management CO152,252$1.65M0.50%00.0%Unchanged
Bank of New York Mellon Corp133,315$1.45M0.00%+4,395+3.4%Added
Logan Stone Capital, LLC117,673$1.28M0.58%−44,454−27.4%Reduced
Lord, Abbett & Co. LLC115,072$1.25M0.00%+115,072New
Whitebox Advisors LLC113,648$1.23M0.02%00.0%Unchanged
Riverbridge Partners LLC100,992$1.10M0.02%+31,978+46.3%Added
LPL Financial LLC100,012$1.09M0.00%−13,018−11.5%Reduced
Balanced Wealth Group LLC102,120$1.06M0.47%+87,807+613.5%Added
Cohen & Steers, Inc.78,000$846.0K0.00%+5,000+6.8%Added
Capital Investment Advisors, LLC77,484$840.7K0.01%+501+0.7%Added
Integrated Wealth Concepts LLC73,210$794.3K0.01%−4,303−5.6%Reduced
Kennedy Investment Group71,963$780.8K0.31%−9,762−11.9%Reduced
Dakota Wealth Management66,827$725.1K0.01%00.0%Unchanged
Creative Planning60,080$651.9K0.00%−15,808−20.8%Reduced
Bank of America Corp59,833$649.2K0.00%+1,234+2.1%Added
1607 Capital Partners, LLC50,902$552.3K0.04%−9,850−16.2%Reduced
HighTower Advisors, LLC47,562$516.0K0.00%−1,035−2.1%Reduced
Envestnet Asset Management Inc47,519$515.6K0.00%+2,395+5.3%Added
UBS Group AG47,462$515.0K0.00%+13,772+40.9%Added
Melfa Wealth Management, LLC46,849$508.3K0.30%−146−0.3%Reduced
Arete Wealth Advisors, LLC41,211$447.0K0.03%+40.0%Added
Stifel Financial Corp40,427$438.6K0.00%+3,325+9.0%Added
Traub Capital Management LLC38,749$420.4K0.42%−4,169−9.7%Reduced
Blue Bell Private Wealth Management, LLC33,830$367.1K0.06%−2,923−8.0%Reduced
ProVise Management Group, LLC30,125$326.9K0.02%+2,000+7.1%Added
TCG Advisory Services, LLC24,366$264.4K0.01%+292+1.2%Added
Noble Wealth Management PBC20,432$221.7K0.12%+20,432New
Catalina Capital Group, LLC19,690$213.6K0.13%00.0%Unchanged
Raymond James Financial Inc19,036$206.5K0.00%−3,370−15.0%Reduced
Smith Asset Management Co., LLC18,203$197.5K0.17%00.0%Unchanged
US Bancorp12,787$138.7K0.00%00.0%Unchanged
SMH Capital Advisors Inc12,609$138.6K0.28%00.0%Unchanged
Plan A Wealth LLC12,571$136.4K0.07%00.0%Unchanged
Advisor Group Holdings, Inc.12,543$132.9K0.00%+166+1.3%Added
Wellspring Financial Advisors, LLC12,191$132.3K0.01%+100+0.8%Added
Merit Financial Group, LLC11,883$128.9K0.00%−66−0.6%Reduced
RSM US Wealth Management LLC11,280$122.4K0.00%−24−0.2%Reduced
U.S. Capital Wealth Advisors, LLC11,069$120.1K0.00%+10+0.1%Added
Duncker Streett & Co Inc11,000$119.3K0.02%00.0%Unchanged
Allworth Financial LP7,000$76.0K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.6,019$65.3K0.00%+6,019New
Steward Partners Investment Advisory, LLC5,168$56.1K0.00%−1,522−22.8%Reduced
ORG Partners LLC1,568$17.0K0.00%00.0%Unchanged
Caldwell Trust Co1,400$15.2K0.00%00.0%Unchanged
Creekmur Asset Management LLC1,267$13.7K0.00%00.0%Unchanged
Private Trust Co NA1,100$11.9K0.00%00.0%Unchanged
Global Retirement Partners, LLC1,000$10.8K0.00%00.0%Unchanged
Sofos Investments, Inc.759$8.24K0.00%+759New
CoreCap Advisors, LLC729$7.91K0.00%+729New
Motco725$7.87K0.00%+725New
Harbour Investments, Inc.550$5.97K0.00%00.0%Unchanged
WPG Advisers, LLC440$4.77K0.00%+6+1.4%Added
Mascoma Wealth Management LLC345$3.74K0.00%00.0%Unchanged
Montag A & Associates Inc322$3.49K0.00%00.0%Unchanged
GPS Wealth Strategies Group, LLC167$1.81K0.00%00.0%Unchanged
Comerica Bank66$7210.00%00.0%Unchanged
Rothschild Investment LLC0$00.00%−68,474−100.0%Sold out
Toronto Dominion Bank0$00.00%−11,833−100.0%Sold out
Jane Street Group, LLC0$00.00%−11,529−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−10,663−100.0%Sold out
Captrust Financial Advisors0$00.00%−10,032−100.0%Sold out
Nomura Holdings Inc0$00.00%−10,000−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−9,877−100.0%Sold out
Elequin Capital LP0$00.00%−8,175−100.0%Sold out
CX Institutional0$00.00%−7,500−100.0%Sold out
Geneos Wealth Management Inc.0$00.00%−5,231−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−775−100.0%Sold out