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AB Tax-Aware Short Duration Municipal ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 3132 (+1)

2.78% less ownership

Funds ownership: 95.28%92.5% (-2.8%)

Holders
32
Holders Change
+1
Holders Change %
+3.23%
% of All Funds
0.46%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
13
Reduced
9
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
1
AllianceBernstein
Tennessee
$332M +$106M +4,234,437 +47%
LPL Financial
2
LPL Financial
California
$51.3M +$6.35M +252,713 +14%
JP Morgan Chase
3
JP Morgan Chase
New York
$7.43M -$623K -24,792 -8%
Osaic Holdings
4
Osaic Holdings
Arizona
$6.22M +$35.9K +1,428 +0.6%
SFG
5
SevenBridge Financial Group
Pennsylvania
$5.9M -$240K -9,555 -4%
LNC
6
Lincoln National Corp
Pennsylvania
$4.3M +$277K +11,026 +7%
Wealth Enhancement Advisory Services
7
Wealth Enhancement Advisory Services
Minnesota
$2.91M -$608K -24,215 -17%
JSW
8
Journey Strategic Wealth
New Jersey
$2.27M +$220K +8,747 +11%
MML Investors Services
9
MML Investors Services
Massachusetts
$2.08M +$2.08M +82,736 New
SG
10
Strid Group
Pennsylvania
$1.57M +$1.57M +62,551 New
CWG
11
Cornerstone Wealth Group
North Carolina
$1.54M +$50.1K +1,994 +3%
FTUS
12
Flow Traders U.S.
New York
$1.35M +$1.35M +53,861 New
Truist Financial
13
Truist Financial
North Carolina
$930K -$21.5K -857 -2%
FMTC
14
Farmers & Merchants Trust Company
California
$806K +$237K +9,425 +42%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$767K +$257K +10,246 +50%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$745K +$25.5K +1,016 +4%
AFG
17
Atomi Financial Group
New York
$604K +$604K +24,069 New
KWM
18
Kingsview Wealth Management
Oregon
$566K -$179K -7,125 -24%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$557K -$176K -7,010 -24%
HWM
20
HB Wealth Management
Georgia
$448K +$449K +17,863 New
RA
21
RFG Advisory
Alabama
$440K +$33.3K +1,326 +8%
DC
22
Davenport & Co
Virginia
$428K +$428K +17,051 New
BW
23
Bison Wealth
Georgia
$388K -$18.9K -753 -5%
EWA
24
Encompass Wealth Advisors
Oregon
$344K +$100K +4,000 +41%
Lido Advisors
25
Lido Advisors
California
$331K

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.