Abrdn National MunicipalVFL

13F holders, Q4 2025 (December 31)
55holders +4
7new positions
7sold out
$10.27avg. 13F price*

At the end of Q4 2025, 55 institutions reported holding Abrdn National Municipal Inc. (VFL) in their 13F filings, up 4 from Q3 2025. 7 opened new positions and 7 sold out. The largest holders were Pathstone Holdings, LLC ($4.3M), MacKay Shields LLC ($4.1M) and Allspring Global Investments Holdings, LLC ($3.6M).

Company
Abrdn National Municipal Inc.
CUSIP
24610T108
Latest filing quarter
Q2 2026

History

Number of 13F holders

0204060 Q1 2024: 54Q1 2024Q2 2024: 51Q2 2024Q3 2024: 50Q3 2024Q4 2024: 58Q4 2024Q1 2025: 48Q1 2025Q2 2025: 51Q2 2025Q3 2025: 51Q3 2025Q4 2025: 55Q4 2025Q1 2026: 55Q1 2026Q2 2026: 54Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions7$1.5M
Exits7$563K

All 13F filers, Q3 2025 → Q4 2025: 670,965 shares bought and 152,309 shares sold, net +518,656 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 55 holders

Pathstone Holdings, LLC 0.02% Add +87.0% 419,411 $4.3M
MacKay Shields LLC 1.29% No change 401,695 $4.1M
Allspring Global Investments Holdings, LLC 0.01% No change 353,273 $3.6M
Guggenheim Capital LLC 0.02% Reduce -3.4% 253,077 $2.6M
Hennion & Walsh Asset Management, Inc. 0.09% Add +104.4% 241,251 $2.5M
Morgan Stanley 0.00% Reduce -3.4% 221,437 $2.3M
Rivernorth Capital Management, LLC 0.09% Add +78.5% 178,854 $1.8M
Riverbridge Partners LLC 0.03% Add +44.3% 175,152 $1.8M
Matisse Capital 0.80% Add +2.8% 174,693 $1.8M
Closed-End Fund Advisors, Inc. 0.85% — 140,906 $1.4M
Logan Stone Capital, LLC 0.29% Add +29.7% 113,485 $1.2M
Van Eck Associates Corp. 0.00% Add +14.3% 103,644 $1.1M
Realta Investment Advisors 0.32% No change 95,192 $978K
Saba Capital Management, L.P. 0.03% Reduce -34.4% 85,645 $880K
Wells Fargo & Company 0.00% Add +7.1% 79,010 $811K
Noble Wealth Management PBC 0.33% Add +2.8% 63,832 $656K
Wealth Enhancement Advisory Services, LLC 0.00% Add +3.2% 59,705 $608K
Sit Investment Associates Inc. 0.01% New 51,007 $524K
Blue Bell Private Wealth Management, LLC 0.08% Reduce -0.7% 50,657 $520K
Capital Investment Advisors, LLC 0.01% No change 42,089 $432K
Thomas J. Herzfeld Advisors, Inc. 0.12% Add +36.2% 35,909 $369K
Royal Bank of Canada 0.00% Add +1.9% 34,169 $351K
Steward Partners Investment Advisory, LLC 0.00% Reduce -0.2% 29,901 $307K
Melfa Wealth Management, Inc. 0.16% Reduce -9.5% 27,210 $279K
LPL Financial LLC 0.00% Add +28.9% 26,773 $275K
Whipplewood Advisors, LLC 0.16% Add +0.2% 24,917 $256K
Hara Capital LLC 0.14% No change 24,600 $254K
&partners 0.00% New 24,053 $247K
Element Wealth, LLC 0.10% No change 23,020 $236K
Berger Financial Group, Inc 0.01% Reduce -9.4% 19,242 $198K
NewEdge Advisors, LLC 0.00% Reduce -9.4% 17,800 $183K
Prime Capital Investment Advisors, LLC 0.00% Reduce -22.3% 17,143 $176K
Susquehanna International Group, LLP 0.00% New 16,952 $174K
Koshinski Asset Management, Inc. 0.01% No change 16,012 $164K
Sightline Wealth Advisors, LLC 0.07% Reduce -53.8% 15,161 $156K
PFG Investments, LLC 0.01% New 15,000 $154K
GEN Financial Management, INC. 0.09% No change 13,324 $137K
HighMark Wealth Management LLC 0.05% No change 12,880 $132K
Traub Capital Management LLC 0.12% New 12,218 $125K
River Street Advisors LLC 0.05% New 11,845 $122K
HighTower Advisors, LLC 0.00% Add +8.7% 11,717 $120K
Basepoint Wealth LLC 0.07% Add +0.8% 11,668 $120K
Osaic Holdings, Inc. 0.00% Reduce -29.0% 10,998 $113K
Curi Capital, LLC 0.00% No change 10,822 $112K
UBS Group AG 0.00% Reduce -12.8% 10,575 $109K
Nomura Holdings Inc. 0.00% New 10,562 $108K
Cwm, LLC 0.00% No change 8,752 $90K
Financial Gravity Asset Management, Inc. 0.02% Add +70.6% 8,103 $83K
MRP Capital Investments, LLC 0.07% Add +220.0% 8,000 $82K
Comerica Bank 0.00% No change 3,625 $37K
Bayban 0.01% — 565 $6K
Rothschild Investment LLC 0.00% No change 470 $5K
Signature Equity Partners, LLC 0.00% — 273 $3K
Global Retirement Partners, LLC 0.00% No change 240 $2K
Bullock Wealth Management Group 0.00% — 113 $1K

"% of holder's portfolio" is VFL's weight in each manager's 13F, not the share of Abrdn National Municipal Inc. the manager owns.