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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, Q1 2026

Institutional positions in Alliancebernstein National Municipal Income Fund as of Mar 31, 2026. 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
92
+4 vs. Q4 2025
Shares held
18.6M
−239.5K (−1.3%) vs. Q4 2025
Total value
$198.7M
−$5.07M (−2.5%) vs. Q4 2025
New holders
16
37 more added
Sold out
12
17 more reduced

4 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 92 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 heldQ1 2026: $198.7M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Alliancebernstein National Municipal Income Fund; share changes are against Q4 2025.

Institutions holding AFB in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Pathstone Holdings, LLC3,088,392$33.0M0.13%+345,998+12.6%Added
Karpus Management, Inc.2,553,118$27.3M0.85%+1,013,420+65.8%Added
Allspring Global Investments Holdings, LLC1,464,577$15.7M0.03%+31,831+2.2%Added
Rivernorth Capital Management, LLC1,061,484$11.3M0.57%+21,639+2.1%Added
Keybank National Association959,584$10.3M0.04%+28,842+3.1%Added
Morgan Stanley879,497$9.40M0.00%+165,319+23.1%Added
Guggenheim Capital LLC706,284$7.55M0.06%+1,235+0.2%Added
Advisors Asset Management, Inc.688,070$7.36M0.12%−11,826−1.7%Reduced
Sit Investment Associates Inc676,737$7.23M0.15%+195,754+40.7%Added
Hennion & Walsh Asset Management, Inc.606,136$6.48M0.22%−3,649−0.6%Reduced
Wells Fargo & Company508,066$5.43M0.00%+13,376+2.7%Added
Saba Capital Management, L.P.459,321$4.91M0.16%−2,300,935−83.4%Reduced
City of London Investment Management Co Ltd453,640$4.85M0.35%00.0%Unchanged
Rareview Capital LLC420,224$4.33M2.54%+420,224New
Robinson Capital Management, LLC265,460$2.94M1.32%+180,993+214.3%Added
Van Eck Associates Corp271,629$2.90M0.00%+29,135+12.0%Added
Altium Capital Management LP222,264$2.38M5.65%+125,415+129.5%Added
Almitas Capital LLC214,282$2.29M0.52%00.0%Unchanged
Commonwealth Equity Services, LLC194,423$2.08M0.00%−2,766−1.4%Reduced
Riverbridge Partners LLC155,029$1.66M0.04%+16,144+11.6%Added
Logan Stone Capital, LLC152,881$1.63M0.45%−36,091−19.1%Reduced
Fiera Capital Corp147,981$1.58M0.01%−120,226−44.8%Reduced
Bank of New York Mellon Corp147,061$1.57M0.00%+6,189+4.4%Added
Indiana Trust & Investment Management CO137,000$1.46M0.45%−15,252−10.0%Reduced
Lord, Abbett & Co. LLC129,025$1.38M0.00%+13,953+12.1%Added
Whitebox Advisors LLC113,648$1.21M0.02%00.0%Unchanged
Dakota Wealth Management104,127$1.11M0.02%+37,900+57.2%Added
LPL Financial LLC99,324$1.06M0.00%+260.0%Added
Wiley Bros.-Aintree Capital, LLC92,698$990.9K0.00%+9,544+11.5%Added
Royal Bank of Canada78,451$839.0K0.00%−136,767−63.5%Reduced
Cohen & Steers, Inc.78,000$834.0K0.00%00.0%Unchanged
Integrated Wealth Concepts LLC73,159$782.1K0.01%−51−0.1%Reduced
Capital Investment Advisors, LLC68,848$736.0K0.01%−2,566−3.6%Reduced
Bank of America Corp66,506$711.0K0.00%+10,126+18.0%Added
Noble Wealth Management PBC64,545$690.0K0.35%+9,363+17.0%Added
Summit Trail Advisors, LLC64,337$687.8K0.01%+64,337New
Closed-End Fund Advisors, Inc.62,678$670.0K0.68%+29,872+91.1%Added
Ameriprise Financial Inc57,545$615.2K0.00%+15,136+35.7%Added
Envestnet Asset Management Inc56,795$607.1K0.00%+14,302+33.7%Added
Petra Financial Advisors Inc53,350$570.3K0.35%+53,350New
Traub Capital Management LLC50,291$537.6K0.53%+3,504+7.5%Added
Melfa Wealth Management, LLC47,652$509.4K0.29%00.0%Unchanged
Kennedy Investment Group47,281$505.4K0.20%−4,813−9.2%Reduced
Creative Planning45,278$484.0K0.00%−7,831−14.7%Reduced
HighTower Advisors, LLC41,835$447.2K0.00%−9,262−18.1%Reduced
Lido Advisors, LLC37,538$401.3K0.00%−274,537−88.0%Reduced
1607 Capital Partners, LLC35,947$384.3K0.03%00.0%Unchanged
Invesco Ltd.35,348$377.9K0.00%+35,348New
Arete Wealth Advisors, LLC34,137$362.5K0.03%+15,236+80.6%Added
Blue Bell Private Wealth Management, LLC33,722$360.5K0.05%00.0%Unchanged
Stifel Financial Corp32,662$349.2K0.00%+17+0.1%Added
ProVise Management Group, LLC28,856$308.5K0.02%00.0%Unchanged
Jupiter Wealth Management LLC27,175$302.5K0.12%+27,175New
Catalina Capital Group, LLC27,513$294.1K0.18%+7,823+39.7%Added
Evolve Private Wealth, LLC27,304$291.9K0.02%−87−0.3%Reduced
UBS Group AG26,877$287.3K0.00%−129,265−82.8%Reduced
Wellspring Financial Advisors, LLC26,091$278.9K0.02%+13,100+100.8%Added
Raymond James Financial Inc23,558$251.8K0.00%+4,092+21.0%Added
Balanced Wealth Group LLC23,245$248.5K0.09%+10,527+82.8%Added
Financially in Tune, LLC21,600$230.9K0.20%00.0%Unchanged
Advisor Group Holdings, Inc.20,486$219.0K0.00%+8,019+64.3%Added
Smith Asset Management Co., LLC18,203$194.6K0.17%00.0%Unchanged
US Bancorp17,232$184.2K0.00%00.0%Unchanged
Cerity Partners LLC15,612$166.9K0.00%+4,077+35.3%Added
Merit Financial Group, LLC15,168$162.1K0.00%+2,802+22.7%Added
Independent Advisor Alliance14,968$160.0K0.00%00.0%Unchanged
Ackerman Capital Advisors, LLC14,099$150.7K0.03%+14,099New
RSM US Wealth Management LLC13,092$140.0K0.00%+2,213+20.3%Added
SMH Capital Advisors Inc12,204$130.5K0.37%−405−3.2%Reduced
River Street Advisors LLC11,182$119.5K0.04%00.0%Unchanged
Duncker Streett & Co Inc11,000$117.6K0.02%00.0%Unchanged
U.S. Capital Wealth Advisors, LLC10,213$109.2K0.00%00.0%Unchanged
Accredited Investor Services, LLC10,084$107.8K0.07%+10,084New
Nomura Holdings Inc10,000$106.9K0.00%+10,000New
RMB Capital Management, LLC10,000$106.9K0.00%+10,000New
Allworth Financial LP7,000$74.8K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC3,328$35.6K0.00%00.0%Unchanged
Pinnacle Wealth Planning Services, Inc.1,932$20.7K0.00%+333+20.8%Added
Scarborough Advisors, LLC1,891$20.2K0.00%+108+6.1%Added
Golden State Equity Partners1,568$16.8K0.00%+1,568New
Caldwell Trust Co1,400$15.0K0.00%00.0%Unchanged
Private Trust Co NA1,100$11.8K0.00%00.0%Unchanged
CoreCap Advisors, LLC729$7.79K0.00%00.0%Unchanged
Motco725$7.75K0.00%00.0%Unchanged
BlackRock, Inc.595$6.36K0.00%+595New
WPG Advisers, LLC535$5.72K0.00%+91+20.5%Added
RWM Asset Management, LLC532$5.69K0.00%+532New
Harbour Investments, Inc.500$5.34K0.00%00.0%Unchanged
True Link Financial Advisors, LLC279$2.98K0.00%+279New
Highline Wealth Partners LLC275$2.94K0.00%+275New
Community Financial Services Group, LLC200$2.12K0.00%+200New
Fifth Third Bancorp77$8220.00%+77New
Balyasny Asset Management LLC0$00.00%−93,982−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−27,196−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−16,677−100.0%Sold out
Jane Street Group, LLC0$00.00%−15,072−100.0%Sold out
PFG Investments, LLC0$00.00%−14,043−100.0%Sold out
Bank of Montreal0$00.00%−12,986−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−12,147−100.0%Sold out
Readystate Asset Management LP0$00.00%−11,013−100.0%Sold out