AB Tax-Aware Short Duration Municipal ETF
TAFI
32 hedge funds and large institutions have $427M invested in AB Tax-Aware Short Duration Municipal ETF in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
34% more capital invested
Capital invested by funds: $319M → $427M (+$108M)
3% more funds holding
Funds holding: 31 → 32 (+1)
2.78% less ownership
Funds ownership: 95.28% → 92.5% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$106M |
| 2 |
LPL Financial
San Diego,
California
|
+$6.35M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$2.08M |
| 4 |
SG
Strid Group
Newtown Square,
Pennsylvania
|
+$1.57M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
-$2.29M |
| 2 |
Jane Street
New York
|
-$1.79M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.77M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$753K |
| 5 |
JP Morgan Chase
New York
|
-$623K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
26
Private Advisor Group
Morristown,
New Jersey
| $301K | -$753K | -30,000 | -71% |
|
|
KAS
27
Kestra Advisory Services
Austin,
Texas
| $271K | +$753 | +30 | +0.3% |
|
|
PTC
28
Private Trust Company
Cleveland,
Ohio
| $235K | -$18.1K | -719 | -7% |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $185K | +$186K | +7,388 | New |
|
|
GRP
30
Global Retirement Partners
San Rafael,
California
| $69.5K | – | – | – |
|
|
NA
31
NewEdge Advisors
New Orleans,
Louisiana
| $50.6K | +$402 | +16 | +0.8% |
|
|
HGERS
32
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| $6.15K | – | – | – |
|
|
33
Mariner
Overland Park,
Kansas
| – | -$2.29M | -90,943 | Closed |
|
|
34
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1.77M | -71,188 | Closed |
|
|
35
Jane Street
New York
| – | -$1.79M | -71,188 | Closed |
|
|
PCM
36
Penserra Capital Management
Orinda,
California
| – | -$7K | -295 | Closed |
|
TAFI Hedge Fund Activity: Q1 2024 in Review
32 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in AB Tax-Aware Short Duration Municipal ETF (TAFI) for Q1 2024, worth a combined $427M — up 34% from $319M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TAFI positions and 4 closed out — a net gain of 3 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $106M. The largest seller was Mariner, exiting entirely with an estimated $2.29M sold.
- 32 institutional investors held AB Tax-Aware Short Duration Municipal ETF (TAFI) as of Q1 2024, up from 31 in Q4 2023.
- Funds reported $427M of AB Tax-Aware Short Duration Municipal ETF stock for Q1 2024, up 34% quarter-over-quarter.
- 7 funds opened new AB Tax-Aware Short Duration Municipal ETF positions in Q1 2024 and 4 closed out, a net change of +3 holders.
- The largest AB Tax-Aware Short Duration Municipal ETF buyer in Q1 2024 was AllianceBernstein, an estimated $106M added.
- The largest AB Tax-Aware Short Duration Municipal ETF seller in Q1 2024 was Mariner, an estimated $2.29M sold.
Based on aggregated 13F filings for Q1 2024.