Northern Trust Short-Term Tax-Exempt Bond ETF
TAXS
3 hedge funds and large institutions have $70.5M invested in Northern Trust Short-Term Tax-Exempt Bond ETF in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 1 reducing their positions, and 3 closing their positions.
777% more capital invested
Capital invested by funds: $8.04M → $70.5M (+$62.4M)
155.51% more ownership
Funds ownership: 0% → 155.51% (+156%)
25% less funds holding
Funds holding: 4 → 3 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$67.8M |
| 2 |
Jane Street
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.01M |
| 2 |
Morgan Stanley
New York
|
-$2.01M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.01M |
| 4 |
JP Morgan Chase
New York
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Northern Trust
Chicago,
Illinois
| $68.1M | +$67.8M | +1,352,415 | New |
|
|
2
Jane Street
New York
| $1.48M | +$1.48M | +29,412 | New |
|
|
3
JP Morgan Chase
New York
| $896K | -$1.11M | -22,200 | -56% |
|
|
4
Bank of America
Charlotte,
North Carolina
| – | -$2.01M | -40,000 | Closed |
|
|
5
Morgan Stanley
New York
| – | -$2.01M | -40,000 | Closed |
|
|
6
Wells Fargo
San Francisco,
California
| – | -$2.01M | -40,000 | Closed |
|
TAXS Hedge Fund Activity: Q4 2025 in Review
3 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in Northern Trust Short-Term Tax-Exempt Bond ETF (TAXS) for Q4 2025, worth a combined $70.5M — up 777% from $8.04M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of TAXS and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest buyer was Northern Trust, opening a new position worth an estimated $67.8M. The largest seller was Bank of America, exiting entirely with an estimated $2.01M sold.
- 3 institutional investors held Northern Trust Short-Term Tax-Exempt Bond ETF (TAXS) as of Q4 2025, down from 4 in Q3 2025.
- Funds reported $70.5M of Northern Trust Short-Term Tax-Exempt Bond ETF stock for Q4 2025, up 777% quarter-over-quarter.
- 2 funds opened new Northern Trust Short-Term Tax-Exempt Bond ETF positions in Q4 2025 and 3 closed out, a net change of -1 holder.
- The largest Northern Trust Short-Term Tax-Exempt Bond ETF buyer in Q4 2025 was Northern Trust, an estimated $67.8M added.
- The largest Northern Trust Short-Term Tax-Exempt Bond ETF seller in Q4 2025 was Bank of America, an estimated $2.01M sold.
Based on aggregated 13F filings for Q4 2025.