AB Tax-Aware Short Duration Municipal ETF
TAFI
23 hedge funds and large institutions have $182M invested in AB Tax-Aware Short Duration Municipal ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 4 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
17% more capital invested
Capital invested by funds: $156M → $182M (+$26.5M)
5% more funds holding
Funds holding: 22 → 23 (+1)
1.59% more ownership
Funds ownership: 97.77% → 99.36% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$10.9M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$6.54M |
| 3 |
Jane Street
New York
|
+$4.37M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.69M |
| 5 |
JP Morgan Chase
New York
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$885K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$338K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$288K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$268K |
| 5 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SB
26
Strategic Blueprint
Atlanta,
Georgia
| – | -$201K | -7,990 | Closed |
|
27
UBS Group
Zurich,
Switzerland
| – | -$18.7K | -745 | Closed |
|
TAFI Hedge Fund Activity: Q2 2023 in Review
23 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in AB Tax-Aware Short Duration Municipal ETF (TAFI) for Q2 2023, worth a combined $182M — up 17% from $156M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TAFI positions and 4 closed out — a net gain of 1 holder — while 12 added to existing stakes and 5 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $10.9M. The largest seller was Bank of Montreal, cutting an estimated $885K.
- 23 institutional investors held AB Tax-Aware Short Duration Municipal ETF (TAFI) as of Q2 2023, up from 22 in Q1 2023.
- Funds reported $182M of AB Tax-Aware Short Duration Municipal ETF stock for Q2 2023, up 17% quarter-over-quarter.
- 5 funds opened new AB Tax-Aware Short Duration Municipal ETF positions in Q2 2023 and 4 closed out, a net change of +1 holder.
- The largest AB Tax-Aware Short Duration Municipal ETF buyer in Q2 2023 was AllianceBernstein, an estimated $10.9M added.
- The largest AB Tax-Aware Short Duration Municipal ETF seller in Q2 2023 was Bank of Montreal, an estimated $885K sold.
Based on aggregated 13F filings for Q2 2023.