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AB Tax-Aware Short Duration Municipal ETF

22 hedge funds and large institutions have $156M invested in AB Tax-Aware Short Duration Municipal ETF in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

500% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 2

83% more funds holding

Funds holding: 1222 (+10)

60% more capital invested

Capital invested by funds: $97.4M → $156M (+$58.5M)

0% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 4

0.85% less ownership

Funds ownership: 98.62%97.77% (-0.85%)

Holders
22
Holders Change
+10
Holders Change %
+83.33%
% of All Funds
0.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
4
Reduced
4
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
1
AllianceBernstein
Tennessee
$83.6M -$17.1K -683 -0%
LPL Financial
2
LPL Financial
California
$33.9M +$33.8M +1,348,071 New
Jane Street
3
Jane Street
New York
$15.2M +$15.1M +603,082 New
SFG
4
SevenBridge Financial Group
Pennsylvania
$5.57M +$671K +26,733 +14%
JP Morgan Chase
5
JP Morgan Chase
New York
$4.95M +$4.94M +196,962 New
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$3.03M +$3.01M +120,140 New
PTP
7
Platform Technology Partners
New York
$1.77M
Osaic Holdings
8
Osaic Holdings
Arizona
$1.7M +$1.01M +40,056 +146%
CWG
9
Cornerstone Wealth Group
North Carolina
$1.24M -$56.3K -2,244 -4%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$1.2M +$1.2M +47,754 New
JSW
11
Journey Strategic Wealth
New Jersey
$861K -$331K -13,208 -28%
FMTC
12
Farmers & Merchants Trust Company
California
$461K +$460K +18,339 New
KWM
13
Kingsview Wealth Management
Oregon
$440K +$25.1K +1,000 +6%
Truist Financial
14
Truist Financial
North Carolina
$440K
OMC
15
Old Mission Capital
Illinois
$338K +$337K +13,435 New
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$288K +$288K +11,467 New
LNC
17
Lincoln National Corp
Pennsylvania
$262K +$262K +10,432 New
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$224K -$26.2K -1,046 -11%
SB
19
Strategic Blueprint
Georgia
$201K +$200K +7,990 New
PTC
20
Private Trust Company
Ohio
$193K +$193K +7,688 New
UBS Group
21
UBS Group
Switzerland
$18.7K +$4.97K +198 +36%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$329 +$328K +13,086 New
Barclays
23
Barclays
United Kingdom
-$3.07M -122,809 Closed
FTUS
24
Flow Traders U.S.
New York
-$341K -13,645 Closed

TAFI Hedge Fund Activity: Q1 2023 in Review

22 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in AB Tax-Aware Short Duration Municipal ETF (TAFI) for Q1 2023, worth a combined $156M — up 60% from $97.4M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new TAFI positions and 2 closed out — a net gain of 10 holders — while 4 added to existing stakes and 4 trimmed.

The largest buyer was LPL Financial, opening a new position worth an estimated $33.8M. The largest seller was Barclays, exiting entirely with an estimated $3.07M sold.

  • 22 institutional investors held AB Tax-Aware Short Duration Municipal ETF (TAFI) as of Q1 2023, up from 12 in Q4 2022.
  • Funds reported $156M of AB Tax-Aware Short Duration Municipal ETF stock for Q1 2023, up 60% quarter-over-quarter.
  • 12 funds opened new AB Tax-Aware Short Duration Municipal ETF positions in Q1 2023 and 2 closed out, a net change of +10 holders.
  • The largest AB Tax-Aware Short Duration Municipal ETF buyer in Q1 2023 was LPL Financial, an estimated $33.8M added.
  • The largest AB Tax-Aware Short Duration Municipal ETF seller in Q1 2023 was Barclays, an estimated $3.07M sold.

Based on aggregated 13F filings for Q1 2023.