DaveManuel.com · Institutional Ownership · Who Owns It
ALLIANCEBERNSTEIN NATL MUN I (AFB)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
87
Reporting holders
$208.7M
Reported value
0.0%
Calls
0.0%
Puts
-5
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Karpus Management, Inc. | $41.1M | 3,603,262 | 1.18% | 16q | +41.1%+$12.0M |
| Pathstone Holdings, LLC | $32.9M | 2,883,076 | 0.10% | 11q | -6.6%-$2.3M |
| Allspring Global Investments Holdings, LLC | $16.1M | 1,410,959 | 0.02% | 19q | -3.7%-$611.8K |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | $12.0M | 1,047,724 | 0.57% | 31q | -1.3%-$157.0K |
| KEYBANK NATIONAL ASSOCIATION/OH | $11.0M | 962,374 | 0.04% | 20q | HELD |
| MORGAN STANLEY | $10.9M | 951,641 | 0.00% | 35q | +8.2%+$823.2K |
| Advisors Asset Management, Inc. | $8.7M | 764,003 | 0.13% | 17q | +11.0%+$866.4K |
| GUGGENHEIM CAPITAL LLC | $7.8M | 683,198 | 0.05% | 31q | -3.3%-$263.4K |
| Hennion & Walsh Asset Management, Inc. | $6.8M | 599,669 | 0.20% | 18q | -1.1%-$73.8K |
| SIT INVESTMENT ASSOCIATES INC | $6.1M | 533,037 | 0.12% | 9q | -21.2%-$1.6M |
| WELLS FARGO & COMPANY/MN | $5.7M | 496,291 | 0.00% | 31q | -2.3%-$134.4K |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | $4.3M | 373,640 | 0.26% | 9q | -17.6%-$912.8K |
| RAYMOND JAMES FINANCIAL INC | $3.4M | 301,535 | 0.00% | 7q | +1180.0%+$3.2M |
| VAN ECK ASSOCIATES CORP | $3.1M | 269,068 | 0.00% | 31q | -0.9%-$29.2K |
| ROBINSON CAPITAL MANAGEMENT, LLC | $3.0M | 265,460 | 1.34% | 3q | HELD |
| COMMONWEALTH EQUITY SERVICES, LLC | $2.2M | 193,118 | 0.00% | 31q | -0.7%-$14.9K |
| Altium Capital Management LLC | $2.0M | 175,187 | 4.21% | 3q | -21.2%-$537.1K |
| Rareview Capital LLC | $1.8M | 169,976 | 0.98% | 2q | -59.6%-$2.6M |
| Fiera Capital Corp | $1.6M | 142,300 | 0.01% | 3q | -3.8%-$64.8K |
| Indiana Trust & Investment Management Co | $1.6M | 137,000 | 0.43% | 12q | HELD |
| Bank of New York Mellon Corp | $1.5M | 134,608 | 0.00% | 13q | -8.5%-$142.1K |
| Dakota Wealth Management | $1.5M | 134,273 | 0.03% | 15q | +29.0%+$344.0K |
| LORD, ABBETT & CO. LLC | $1.5M | 129,025 | 0.00% | 4q | HELD |
| Almitas Capital LLC | $1.4M | 120,993 | 0.33% | 10q | -43.5%-$1.1M |
| LPL Financial LLC | $1.2M | 101,850 | 0.00% | 31q | +2.5%+$28.8K |
| RIVERBRIDGE PARTNERS LLC | $1.0M | 87,837 | 0.03% | 8q | -43.3%-$766.7K |
| &PARTNERS | $991.4K | 86,886 | 0.00% | 3q | -6.3%-$66.3K |
| Invesco Ltd. | $920.1K | 80,636 | 0.00% | 2q | +128.1%+$516.7K |
| COHEN & STEERS, INC. | $890.0K | 78,000 | 0.00% | 11q | HELD |
| Capital Investment Advisors, LLC | $781.0K | 68,447 | 0.01% | 31q | -0.6%-$4.6K |
| Noble Wealth Management PBC | $779.8K | 68,341 | 0.35% | 6q | +5.9%+$43.3K |
| Integrated Wealth Concepts LLC | $766.6K | 67,185 | 0.01% | 17q | -8.2%-$68.2K |
| ENVESTNET ASSET MANAGEMENT INC | $718.2K | 62,947 | 0.00% | 14q | +10.8%+$70.2K |
| Summit Trail Advisors, LLC | $704.1K | 61,708 | 0.01% | 2q | -4.1%-$30.0K |
| Closed-End Fund Advisors, Inc. | $692.5K | 60,689 | 0.68% | 3q | -3.2%-$22.7K |
| OSAIC HOLDINGS, INC. | $615.8K | 53,969 | 0.00% | 26q | +163.4%+$382.0K |
| PETRA FINANCIAL ADVISORS INC | $605.1K | 53,035 | 0.28% | 2q | -0.6%-$3.6K |
| MELFA WEALTH MANAGEMENT, INC. | $543.7K | 47,652 | 0.29% | 15q | HELD |
| BANK OF AMERICA CORP /DE/ | $521.8K | 45,729 | 0.00% | 31q | -31.2%-$237.1K |
| Creative Planning | $511.0K | 44,782 | 0.00% | 7q | -1.1%-$5.7K |
| KENNEDY INVESTMENT GROUP, INC. | $447.0K | 39,174 | 0.15% | 15q | -17.1%-$92.5K |
| HighTower Advisors, LLC | $414.7K | 36,345 | 0.00% | 15q | -13.1%-$62.6K |
| Arete Wealth Advisors, LLC | $389.6K | 34,146 | 0.03% | 31q | HELD |
| STIFEL FINANCIAL CORP | $376.9K | 33,029 | 0.00% | 31q | +1.1%+$4.2K |
| Thomas J. Herzfeld Advisors, Inc. | $376.7K | 33,015 | 0.12% | new | NEW |
| AMERIPRISE FINANCIAL INC | $364.1K | 31,911 | 0.00% | 31q | -44.5%-$292.5K |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | $359.4K | 31,500 | 0.04% | 11q | -6.6%-$25.4K |
| PNC Financial Services Group, Inc. | $349.5K | 30,633 | 0.00% | new | NEW |
| ProVise Management Group, LLC | $346.4K | 30,356 | 0.02% | 23q | +5.2%+$17.1K |
| Traub Capital Management LLC | $325.0K | 28,481 | 0.29% | 5q | -43.4%-$248.9K |
| CITADEL ADVISORS LLC | $320.3K | 28,069 | 0.00% | new | NEW |
| Wellspring Financial Advisors, LLC | $310.2K | 27,191 | 0.02% | 5q | +4.2%+$12.6K |
| Jupiter Wealth Management LLC | $310.1K | 27,175 | 0.12% | 2q | HELD |
| UBS Group AG | $299.8K | 26,272 | 0.00% | 31q | -2.3%-$6.9K |
| EVOLVE PRIVATE WEALTH, LLC | $296.6K | 25,992 | 0.02% | 3q | -4.8%-$15.0K |
| BALANCED WEALTH GROUP LLC | $278.8K | 24,433 | 0.09% | 11q | +5.1%+$13.6K |
| ROYAL BANK OF CANADA | $243.0K | 21,315 | 0.00% | 31q | -72.8%-$651.4K |
| Arax Advisory Partners | $233.1K | 20,426 | 0.00% | new | NEW |
| Smith Asset Management Co., LLC | $207.7K | 18,203 | 0.16% | 7q | HELD |
| Virtu Financial LLC | $184.0K | 16,120 | 0.01% | new | NEW |
| Merit Financial Group, LLC | $178.1K | 15,613 | 0.00% | 5q | +2.9%+$5.1K |
| Cerity Partners LLC | $178.1K | 15,612 | 0.00% | 3q | HELD |
| HRT FINANCIAL LP | $177.0K | 15,579 | 0.00% | new | NEW |
| Independent Advisor Alliance | $170.8K | 14,968 | 0.00% | 3q | HELD |
| CHOREO, LLC | $161.3K | 14,134 | 0.00% | 9q | +8.0%+$11.9K |
| US BANCORP \DE\ | $145.9K | 12,787 | 0.00% | 31q | -25.8%-$50.7K |
| SMH CAPITAL ADVISORS INC | $139.2K | 12,204 | 0.55% | 21q | HELD |
| Strategic Financial Concepts, LLC | $130.6K | 11,444 | 0.04% | new | NEW |
| River Street Advisors LLC | $127.6K | 11,182 | 0.04% | 3q | HELD |
| DUNCKER STREETT & CO INC | $125.5K | 11,000 | 0.02% | 5q | HELD |
| Ground Swell Capital, LLC | $119.6K | 10,485 | 0.13% | new | NEW |
| ACCREDITED INVESTOR SERVICES, LLC | $114.6K | 10,042 | 0.06% | 2q | HELD |
| Curi Capital, LLC | $114.1K | 10,000 | 0.00% | 2q | HELD |
| Allworth Financial LP | $79.9K | 7,000 | 0.00% | 5q | HELD |
| Global Retirement Partners, LLC | $73.4K | 6,433 | 0.00% | 10q | +37.8%+$20.1K |
| CITIGROUP INC | $63.1K | 5,527 | 0.00% | new | NEW |
| Pinnacle Wealth Planning Services, Inc. | $25.8K | 2,265 | 0.00% | 3q | +17.2%+$3.8K |
| Clear Street Group Inc. | $23.3K | 2,044 | 0.00% | new | NEW |
| Steward Partners Investment Advisory, LLC | $21.0K | 1,840 | 0.00% | 18q | -44.7%-$17.0K |
| Caldwell Trust Co | $16.0K | 1,400 | 0.00% | 9q | HELD |
| PRIVATE TRUST CO NA | $12.6K | 1,100 | 0.00% | 10q | HELD |
| CoreCap Advisors, LLC | $9.0K | 788 | 0.00% | 4q | +8.1% |
| Markowski Investments | $8.8K | 768 | 0.00% | new | FIRST |
| WPG Advisers, LLC | $7.2K | 627 | 0.00% | 7q | +17.2%+$1.0K |
| HARBOUR INVESTMENTS, INC. | $5.7K | 500 | 0.00% | 11q | HELD |
| Community Financial Services Group, LLC | $2.3K | 200 | 0.00% | 2q | HELD |
| FIFTH THIRD BANCORP | $961 | 84 | 0.00% | 2q | +9.1% |
Five percent filings
Anyone crossing 5% of a company must say so within days - far sooner than the next quarterly holdings report. A 13D declares an intent to influence the company; a 13G is the passive version. See all activist filings →
| Filed | Form | Filer | % of class |
|---|---|---|---|
| 2026-10-02 | 13G | KARPUS MANAGEMENT, INC. | 13.6% |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 21 | $11.2M | 1,170,985 | 5 | 1 | 5 | 0.0% |
| Q2 2026 | 87 | $208.7M | 18,310,522 | 10 | 21 | 34 | 0.0% |
| Q1 2026 | 92 | $198.7M | 18,596,295 | 16 | 34 | 15 | 0.0% |
| Q4 2025 | 92 | $203.9M | 18,842,223 | 19 | 24 | 23 | 0.0% |
| Q3 2025 | 76 | $197.3M | 18,192,813 | 5 | 24 | 19 | 0.0% |
| Q2 2025 | 81 | $180.5M | 17,512,064 | 12 | 17 | 29 | 0.0% |
| Q1 2025 | 79 | $193.7M | 17,792,323 | 6 | 23 | 28 | 0.0% |
| Q4 2024 | 80 | $189.8M | 17,420,735 | 5 | 26 | 21 | 0.0% |
| Q3 2024 | 80 | $188.5M | 15,985,182 | 5 | 19 | 26 | 0.0% |
| Q2 2024 | 90 | $182.4M | 16,421,968 | 12 | 15 | 40 | 0.0% |
| Q1 2024 | 83 | $198.0M | 18,023,821 | 12 | 24 | 30 | 0.0% |
| Q4 2023 | 78 | $175.4M | 16,179,768 | 7 | 22 | 25 | 0.0% |
| Q3 2023 | 75 | $136.0M | 14,557,584 | 7 | 25 | 21 | 0.0% |
| Q2 2023 | 80 | $146.2M | 13,623,265 | 10 | 24 | 24 | 0.0% |
| Q1 2023 | 80 | $145.8M | 13,329,953 | 9 | 29 | 22 | 0.0% |
| Q4 2022 | 82 | $472.5M | 45,072,181 | 12 | 24 | 31 | 0.0% |
| Q3 2022 | 74 | $116.9M | 11,281,765 | 9 | 30 | 21 | 0.0% |
| Q2 2022 | 74 | $126.7M | 10,946,717 | 13 | 27 | 18 | 0.0% |
| Q1 2022 | 71 | $137.4M | 10,930,773 | 12 | 22 | 15 | 0.0% |
| Q4 2021 | 66 | $148.5M | 10,031,681 | 10 | 17 | 19 | 0.0% |
| Q3 2021 | 63 | $139.8M | 9,353,876 | 3 | 19 | 16 | 0.0% |
| Q2 2021 | 67 | $159.7M | 10,491,253 | 3 | 23 | 17 | 0.0% |
| Q1 2021 | 69 | $153.5M | 10,780,786 | 5 | 18 | 24 | 0.0% |
| Q4 2020 | 74 | $165.0M | 11,445,744 | 7 | 22 | 20 | 0.0% |
| Q3 2020 | 66 | $301.6M | 21,617,476 | 5 | 19 | 22 | 0.0% |
| Q2 2020 | 64 | $145.9M | 10,902,866 | 6 | 17 | 22 | 0.0% |
| Q1 2020 | 61 | $130.3M | 10,215,330 | 5 | 26 | 14 | 0.0% |
| Q4 2019 | 66 | $141.4M | 10,113,540 | 8 | 28 | 14 | 0.0% |
| Q3 2019 | 59 | $138.3M | 10,038,533 | 1 | 30 | 10 | 0.0% |
| Q2 2019 | 64 | $127.9M | 9,509,377 | 6 | 25 | 18 | 0.0% |
| Q1 2019 | 63 | $117.4M | 9,066,940 | 4 | 26 | 14 | 0.0% |
| Q4 2018 | 65 | $103.0M | 8,493,884 | 0 | 1 | 1 | 0.0% |