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American Century Diversified Municipal Bond ETF

88 hedge funds and large institutions have $396M invested in American Century Diversified Municipal Bond ETF in 2025 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 39 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.41% more ownership

Funds ownership: 80%81.41% (+1.4%)

4% less capital invested

Capital invested by funds: $412M → $396M (-$15.4M)

8% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 13

3% less funds holding

Funds holding: 9188 (-3)

21% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 39

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
88
Holders Change
-3
Holders Change %
-3.3%
% of All Funds
1.16%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
12
Increased
31
Reduced
39
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$104M +$12.3M +252,701 +13%
Carson Wealth (CWM LLC)
2
Carson Wealth (CWM LLC)
Nebraska
$54.9M +$2.05M +42,107 +4%
LPL Financial
3
LPL Financial
California
$32.6M +$5.66M +116,216 +21%
GA
4
Goldstein Advisors
Wisconsin
$20.2M -$943K -19,352 -4%
Morgan Stanley
5
Morgan Stanley
New York
$18.5M -$1.68M -34,462 -8%
Jane Street
6
Jane Street
New York
$15.6M +$12.9M +263,876 +477%
CI
7
CX Institutional
Indiana
$14.3M -$16.8M -345,695 -54%
PAG
8
Private Advisor Group
New Jersey
$9.46M -$707K -14,515 -7%
CCM
9
Condor Capital Management
New Jersey
$8.03M +$46.1K +947 +0.6%
Raymond James Financial
10
Raymond James Financial
Florida
$6.69M +$979K +20,105 +17%
IA
11
IFP Advisors
Florida
$6.44M +$1.06M +21,812 +20%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$5.81M +$5.39M +110,603 +1,343%
KAS
13
Kestra Advisory Services
Texas
$5.79M +$370K +7,599 +7%
DAS
14
Dynamic Advisor Solutions
Arizona
$5.55M +$267K +5,483 +5%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$4.78M -$473K -9,710 -9%
USCWA
16
U.S. Capital Wealth Advisors
Texas
$4.09M +$1.05M +21,583 +35%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$4.04M -$148K -3,029 -4%
VWA
18
Visionary Wealth Advisors
Illinois
$4.02M -$505K -10,375 -11%
Mercer Global Advisors
19
Mercer Global Advisors
Colorado
$3.64M -$5.47M -112,385 -60%
OIA
20
OneDigital Investment Advisors
Kansas
$3.55M -$1.9M -39,040 -35%
IWM
21
IHT Wealth Management
Illinois
$3.36M -$170K -3,482 -5%
FWP
22
FAS Wealth Partners
Kansas
$3.36M -$237K -4,865 -7%
GAM
23
GEM Asset Management
Michigan
$3.18M -$36.4K -747 -1%
NA
24
NewEdge Advisors
Louisiana
$2.95M -$449K -9,223 -13%
AWA
25
ARQ Wealth Advisors
Arizona
$2.95M +$2.9M +59,609 New

TAXF Hedge Fund Activity: Q2 2025 in Review

88 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in American Century Diversified Municipal Bond ETF (TAXF) for Q2 2025, worth a combined $396M — down 3.7% from $412M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of TAXF and 12 opened new positions — a net loss of 1 holder — while 39 trimmed existing stakes and 31 added.

The largest buyer was Jane Street, adding an estimated $12.9M. The largest seller was CX Institutional, cutting an estimated $16.8M.

  • 88 institutional investors held American Century Diversified Municipal Bond ETF (TAXF) as of Q2 2025, down from 91 in Q1 2025.
  • Funds reported $396M of American Century Diversified Municipal Bond ETF stock for Q2 2025, down 3.7% quarter-over-quarter.
  • 12 funds opened new American Century Diversified Municipal Bond ETF positions in Q2 2025 and 13 closed out, a net change of -1 holder.
  • The largest American Century Diversified Municipal Bond ETF buyer in Q2 2025 was Jane Street, an estimated $12.9M added.
  • The largest American Century Diversified Municipal Bond ETF seller in Q2 2025 was CX Institutional, an estimated $16.8M sold.

Based on aggregated 13F filings for Q2 2025.