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AB Tax-Aware Short Duration Municipal ETF

31 hedge funds and large institutions have $319M invested in AB Tax-Aware Short Duration Municipal ETF in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 2

133% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 6

74% more capital invested

Capital invested by funds: $183M → $319M (+$136M)

35% more funds holding

Funds holding: 2331 (+8)

0.05% less ownership

Funds ownership: 95.33%95.28% (-0.05%)

Holders
31
Holders Change
+8
Holders Change %
+34.78%
% of All Funds
0.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
14
Reduced
6
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
1
AllianceBernstein
Tennessee
$226M +$112M +4,512,454 +101%
LPL Financial
2
LPL Financial
California
$45.1M +$16.3M +659,370 +58%
JP Morgan Chase
3
JP Morgan Chase
New York
$8.07M -$1.49M -59,969 -16%
Osaic Holdings
4
Osaic Holdings
Arizona
$6.2M -$1.83M -74,042 -23%
SFG
5
SevenBridge Financial Group
Pennsylvania
$6.2M +$47K +1,895 +0.8%
LNC
6
Lincoln National Corp
Pennsylvania
$4.04M +$1.93M +77,918 +94%
Wealth Enhancement Advisory Services
7
Wealth Enhancement Advisory Services
Minnesota
$3.53M -$327K -13,210 -9%
Mariner
8
Mariner
Kansas
$2.29M +$2.25M +90,943 New
JSW
9
Journey Strategic Wealth
New Jersey
$2.06M +$658K +26,557 +48%
PTP
10
Platform Technology Partners
New York
$1.89M +$109K +4,393 +6%
Jane Street
11
Jane Street
New York
$1.79M -$3.56M -143,642 -67%
Bank of Montreal
12
Bank of Montreal
Ontario, Canada
$1.77M +$1.76M +71,188 New
CWG
13
Cornerstone Wealth Group
North Carolina
$1.5M +$349K +14,087 +31%
PAG
14
Private Advisor Group
New Jersey
$1.06M -$347K -14,000 -25%
WP
15
WealthSource Partners
California
$1.02M +$1M +40,425 New
Truist Financial
16
Truist Financial
North Carolina
$955K +$184K +7,418 +24%
KWM
17
Kingsview Wealth Management
Oregon
$747K +$129K +5,225 +21%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$735K -$54.5K -2,200 -7%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$722K +$103K +4,167 +17%
FMTC
20
Farmers & Merchants Trust Company
California
$571K +$155K +6,250 +38%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$512K +$6.32K +255 +1%
BW
22
Bison Wealth
Georgia
$409K +$402K +16,230 New
RA
23
RFG Advisory
Alabama
$408K +$151K +6,112 +61%
Lido Advisors
24
Lido Advisors
California
$333K +$327K +13,200 New
KAS
25
Kestra Advisory Services
Texas
$271K +$267K +10,762 New

TAFI Hedge Fund Activity: Q4 2023 in Review

31 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in AB Tax-Aware Short Duration Municipal ETF (TAFI) for Q4 2023, worth a combined $319M — up 74% from $183M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new TAFI positions and 2 closed out — a net gain of 8 holders — while 14 added to existing stakes and 6 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $112M. The largest seller was Jane Street, cutting an estimated $3.56M.

  • 31 institutional investors held AB Tax-Aware Short Duration Municipal ETF (TAFI) as of Q4 2023, up from 23 in Q3 2023.
  • Funds reported $319M of AB Tax-Aware Short Duration Municipal ETF stock for Q4 2023, up 74% quarter-over-quarter.
  • 10 funds opened new AB Tax-Aware Short Duration Municipal ETF positions in Q4 2023 and 2 closed out, a net change of +8 holders.
  • The largest AB Tax-Aware Short Duration Municipal ETF buyer in Q4 2023 was AllianceBernstein, an estimated $112M added.
  • The largest AB Tax-Aware Short Duration Municipal ETF seller in Q4 2023 was Jane Street, an estimated $3.56M sold.

Based on aggregated 13F filings for Q4 2023.