Nomura Tax-Free USA Short Term ETF
STAX
1 hedge funds and large institutions have $4.84M invested in Nomura Tax-Free USA Short Term ETF in 2025 Q4 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, reducing their positions, and 2 closing their positions.
4% less capital invested
Capital invested by funds: $5.06M → $4.84M (-$227K)
4.12% less ownership
Funds ownership: 99.12% → 95% (-4.1%)
50% less funds holding
Funds holding: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$4.85M |
| 2 |
Jane Street
New York
|
-$211K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NAMI
1
Nomura Asset Management International
Philadelphia,
Pennsylvania
| $4.84M | +$4.84M | +190,000 | New |
|
|
2
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$4.85M | -190,000 | Closed |
|
|
3
Jane Street
New York
| – | -$211K | -8,248 | Closed |
|
STAX Hedge Fund Activity: Q4 2025 in Review
1 of the 8,256 institutional investors tracked by Wall St. Rank reported a position in Nomura Tax-Free USA Short Term ETF (STAX) for Q4 2025, worth a combined $4.84M — down 4.5% from $5.06M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of STAX and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 0 added.
The largest seller was Macquarie Group, exiting entirely with an estimated $4.85M sold.
- 1 institutional investor held Nomura Tax-Free USA Short Term ETF (STAX) as of Q4 2025, down from 2 in Q3 2025.
- Funds reported $4.84M of Nomura Tax-Free USA Short Term ETF stock for Q4 2025, down 4.5% quarter-over-quarter.
- 1 fund opened new Nomura Tax-Free USA Short Term ETF positions in Q4 2025 and 2 closed out, a net change of -1 holder.
- The largest Nomura Tax-Free USA Short Term ETF seller in Q4 2025 was Macquarie Group, an estimated $4.85M sold.
Based on aggregated 13F filings for Q4 2025.