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abrdn National Municipal Income Fund

VFLDelisted Jul 13, 2026

abrdn National Municipal Income Fund was delisted on Jul 13, 2026; its insiders filed their last Form 4 on Jul 14, 2026; 54 institutions reported holding it in 13F filings for Q2 2026, worth $46.7M in total; no superinvestor held it.

13F holders, Q3 2025

Institutional positions in abrdn 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
52
+1 vs. Q2 2025
Shares held
3.16M
+233.6K (+8.0%) vs. Q2 2025
Total value
$32.4M
+$4.12M (+14.6%) vs. Q2 2025
New holders
8
17 more added
Sold out
7
10 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

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

Holders and value by quarter

Institutions reporting VFL 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: 52 institutions
Q1 2021: 25 institutionsQ2 2021: 28 institutionsQ3 2021: 26 institutionsQ4 2021: 30 institutionsQ1 2022: 62 institutionsQ2 2022: 60 institutionsQ3 2022: 55 institutionsQ4 2022: 36 institutionsQ1 2023: 43 institutionsQ2 2023: 41 institutionsQ3 2023: 51 institutionsQ4 2023: 58 institutionsQ1 2024: 55 institutionsQ2 2024: 52 institutionsQ3 2024: 51 institutionsQ4 2024: 59 institutionsQ1 2025: 49 institutionsQ2 2025: 52 institutionsQ3 2025: 52 institutionsQ4 2025: 55 institutionsQ1 2026: 55 institutionsQ2 2026: 54 institutions
Value heldQ3 2025: $32.4M
Q1 2021: $14.1MQ2 2021: $16.6MQ3 2021: $16.1MQ4 2021: $17.3MQ1 2022: $80.0MQ2 2022: $81.4MQ3 2022: $80.9MQ4 2022: $13.9MQ1 2023: $16.7MQ2 2023: $17.2MQ3 2023: $22.8MQ4 2023: $33.0MQ1 2024: $32.0MQ2 2024: $32.6MQ3 2024: $31.2MQ4 2024: $31.2MQ1 2025: $29.5MQ2 2025: $28.3MQ3 2025: $32.4MQ4 2025: $39.2MQ1 2026: $41.4MQ2 2026: $46.7M
Institutions holding VFL and their total value by quarter
QuarterHoldersValue
Q2 202654$46.7M
Q1 202655$41.4M
Q4 202555$39.2M
Q3 202552$32.4M
Q2 202552$28.3M
Q1 202549$29.5M
Q4 202459$31.2M
Q3 202451$31.2M
Q2 202452$32.6M
Q1 202455$32.0M
Q4 202358$33.0M
Q3 202351$22.8M
Q2 202341$17.2M
Q1 202343$16.7M
Q4 202236$13.9M
Q3 202255$80.9M
Q2 202260$81.4M
Q1 202262$80.0M
Q4 202130$17.3M
Q3 202126$16.1M
Q2 202128$16.6M
Q1 202125$14.1M

Institutions, Q3 2025

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

Institutions holding VFL in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Mackay Shields LLC401,695$4.12M0.14%00.0%Unchanged
Allspring Global Investments Holdings, LLC353,273$3.62M0.01%+194,626+122.7%Added
Guggenheim Capital LLC262,092$2.69M0.02%+19,966+8.2%Added
Morgan Stanley229,232$2.35M0.00%+127,440+125.2%Added
Pathstone Holdings, LLC224,322$2.30M0.01%+44,665+24.9%Added
Matisse Capital170,000$1.74M0.79%00.0%Unchanged
Saba Capital Management, L.P.130,523$1.34M0.04%−100,470−43.5%Reduced
Riverbridge Partners LLC121,367$1.25M0.02%+3,420+2.9%Added
Hennion & Walsh Asset Management, Inc.118,007$1.21M0.04%−77,830−39.7%Reduced
Rivernorth Capital Management, LLC100,181$1.03M0.06%00.0%Unchanged
Coastal Investment Advisors, Inc.95,192$976.7K0.33%00.0%Unchanged
Van Eck Associates Corp90,634$930.0K0.00%+5,185+6.1%Added
Logan Stone Capital, LLC87,516$897.9K0.41%−62,809−41.8%Reduced
Wells Fargo & Company73,781$757.0K0.00%+5,001+7.3%Added
Noble Wealth Management PBC62,125$637.4K0.34%+62,125New
Wealth Enhancement Advisory Services, LLC57,878$580.5K0.00%−177−0.3%Reduced
Blue Bell Private Wealth Management, LLC51,010$523.4K0.08%+4,408+9.5%Added
Capital Investment Advisors, LLC42,089$431.8K0.01%00.0%Unchanged
Royal Bank of Canada33,547$344.0K0.00%+985+3.0%Added
Sightline Wealth Advisors, LLC32,827$336.8K0.15%+444+1.4%Added
Melfa Wealth Management, LLC30,065$308.5K0.18%+2,500+9.1%Added
Steward Partners Investment Advisory, LLC29,970$307.5K0.00%+29,970New
Thomas J. Herzfeld Advisors, Inc.26,366$270.5K0.09%−13,663−34.1%Reduced
Whipplewood Advisors, LLC24,873$255.2K0.17%+673+2.8%Added
Hara Capital LLC24,600$252.4K0.15%−12,000−32.8%Reduced
Element Wealth, LLC23,020$236.2K0.10%00.0%Unchanged
Prime Capital Investment Advisors, LLC22,057$226.3K0.00%00.0%Unchanged
Cetera Investment Advisers21,844$224.1K0.00%−5,223−19.3%Reduced
Berger Financial Group, Inc21,247$218.0K0.01%+26+0.1%Added
LPL Financial LLC20,769$213.1K0.00%+5,738+38.2%Added
GWM Advisors LLC19,650$201.6K0.00%+19,650New
Koshinski Asset Management, Inc.16,012$164.3K0.01%00.0%Unchanged
Advisor Group Holdings, Inc.15,494$150.0K0.00%+36+0.2%Added
OneAscent Financial Services LLC14,000$143.6K0.01%00.0%Unchanged
GEN Financial Management, INC.13,324$136.7K0.12%00.0%Unchanged
HighMark Wealth Management LLC12,880$132.2K0.06%00.0%Unchanged
Williams Jones Wealth Management, LLC.12,711$130.4K0.00%+12,711New
UBS Group AG12,122$124.4K0.00%−9−0.1%Reduced
Basepoint Wealth LLC11,572$118.7K0.08%+175+1.5%Added
RMB Capital Management, LLC10,822$111.0K0.00%+10,822New
HighTower Advisors, LLC10,777$110.6K0.00%−491−4.4%Reduced
CWM, LLC8,752$90.0K0.00%00.0%Unchanged
Sofos Investments, Inc.4,750$48.7K0.01%+4,750New
Comerica Bank3,625$37.2K0.00%00.0%Unchanged
Principal Securities, Inc.3,597$36.9K0.00%−500−12.2%Reduced
MRP Capital Investments, LLC2,500$24.1K0.02%00.0%Unchanged
Advisory Services Network, LLC1,742$17.9K0.00%+1,742New
GPS Wealth Strategies Group, LLC774$7.94K0.00%00.0%Unchanged
Rothschild Investment LLC470$4.82K0.00%00.0%Unchanged
Global Retirement Partners, LLC240$2.46K0.00%00.0%Unchanged
Bank of America Corp198$2.03K0.00%+198New
Bullock Wealth Management Group112$1.16K0.00%+1+0.9%Added
Catalina Capital Group, LLC0$00.00%−19,838−100.0%Sold out
Traub Capital Management LLC0$00.00%−12,564−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−8,009−100.0%Sold out
Raymond James Financial Inc0$00.00%−7,176−100.0%Sold out
Elequin Capital LP0$00.00%−2,166−100.0%Sold out
Mount Yale Investment Advisors, LLC0$00.00%−655−100.0%Sold out
JPMorgan Chase & Co0$00.00%−39−100.0%Sold out
Financial Gravity Companies, Inc.––––Not filed