AB Active ETFs, Inc.

AB US Large Cap Strategic Equities ETF

Portfolio of Investments

February 29, 2024 (unaudited)

Company	Shares		U.S. $ Value
COMMON STOCKS – 98.3%
Information Technology – 28.6%
Electronic Equipment, Instruments & Components – 0.7%
CDW Corp./DE		2,148	$	528,859
Semiconductors & Semiconductor Equipment – 9.1%
Broadcom, Inc.		747		971,466
KLA Corp.		765		521,960
NVIDIA Corp.		4,484		3,547,382
NXP Semiconductors NV		3,157		788,398
QUALCOMM, Inc.		4,817		760,074
				6,589,280
Software – 14.0%
Adobe, Inc.(a)		1,717		962,001
Autodesk, Inc.(a)		665		171,683
Gen Digital, Inc.		19,342		415,660
Microsoft Corp.		15,519		6,419,279
Oracle Corp.		12,264		1,369,643
ServiceNow, Inc.(a)		642		495,200
Workday, Inc. - Class A(a)		1,248		367,736
				10,201,202
Technology Hardware, Storage & Peripherals – 4.8%
Apple, Inc.		16,602		3,000,812
Western Digital Corp.(a)		8,135		483,788
				3,484,600
				20,803,941
Health Care – 15.0%
Biotechnology – 2.5%
Regeneron Pharmaceuticals, Inc.(a)		914		883,006
Vertex Pharmaceuticals, Inc.(a)		2,240		942,458
				1,825,464
Health Care Equipment & Supplies – 2.4%
Edwards Lifesciences Corp.(a)		8,708		739,048
Medtronic PLC		11,869		989,400
				1,728,448
Health Care Providers & Services – 5.1%
Elevance Health, Inc.		1,926		965,407
HCA Healthcare, Inc.		2,143		667,973
UnitedHealth Group, Inc.		4,315		2,129,884
				3,763,264
Life Sciences Tools & Services – 3.7%
Illumina, Inc.(a)		2,405		336,291
IQVIA Holdings, Inc.(a)		4,323		1,068,473
Thermo Fisher Scientific, Inc.		1,255		715,576
Waters Corp.(a)		1,645		555,056
				2,675,396

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Company	Shares		U.S. $ Value
Pharmaceuticals – 1.3%
Roche Holding AG (Sponsored ADR)		17,573	$	575,164
Zoetis, Inc.		1,832		363,341
				938,505
				10,931,077
Financials – 13.0%
Banks – 3.2%
Bank of America Corp.		24,796		855,958
PNC Financial Services Group, Inc. (The)		2,078		305,882
Wells Fargo & Co.		21,414		1,190,404
				2,352,244
Capital Markets – 2.9%
Charles Schwab Corp. (The)		12,288		820,592
Goldman Sachs Group, Inc. (The)		2,475		962,899
LPL Financial Holdings, Inc.		1,165		312,092
				2,095,583
Financial Services – 4.2%
PayPal Holdings, Inc.(a)		5,228		315,458
Visa, Inc. - Class A		9,874		2,790,787
				3,106,245
Insurance – 2.7%
Progressive Corp. (The)		7,802		1,478,947
Willis Towers Watson PLC		1,742		474,887
				1,953,834
				9,507,906
Communication Services – 11.4%
Diversified Telecommunication Services – 1.0%
Comcast Corp. - Class A		18,013		771,857
Entertainment – 0.9%
Walt Disney Co. (The)		5,890		657,206
Interactive Media & Services – 8.2%
Alphabet, Inc. - Class C(a)		24,500		3,424,610
Meta Platforms, Inc. - Class A		5,146		2,522,209
				5,946,819
Wireless Telecommunication Services – 1.3%
T-Mobile US, Inc.		5,645		921,829
				8,297,711
Consumer Discretionary – 9.0%
Automobiles – 0.5%
Stellantis NV		12,863		337,782
Broadline Retail – 3.8%
Amazon.com, Inc.(a)		15,440		2,729,174
Hotels, Restaurants & Leisure – 1.6%
Hyatt Hotels Corp. - Class A		3,239		497,478
Restaurant Brands International, Inc.		9,044		702,267
				1,199,745

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Company	Shares		U.S. $ Value
Specialty Retail – 2.2%
AutoZone, Inc.(a)		174	$	523,047
Home Depot, Inc. (The)		2,834		1,078,649
				1,601,696
Textiles, Apparel & Luxury Goods – 0.9%
NIKE, Inc. - Class B		6,561		681,885
				6,550,282
Industrials – 7.0%
Aerospace & Defense – 0.3%
RTX Corp.		2,790		250,179
Building Products – 1.0%
Otis Worldwide Corp.		7,211		687,208
Construction & Engineering – 0.4%
MasTec, Inc.(a)		4,232		319,347
Electrical Equipment – 2.0%
Eaton Corp. PLC		4,397		1,270,733
Sensata Technologies Holding PLC		6,226		214,299
				1,485,032
Ground Transportation – 1.4%
CSX Corp.		25,899		982,608
Machinery – 1.5%
PACCAR, Inc.		9,542		1,058,113
Professional Services – 0.4%
Booz Allen Hamilton Holding Corp.		2,186		322,894
				5,105,381
Consumer Staples – 5.6%
Beverages – 1.8%
Coca-Cola Co. (The)		12,550		753,251
Constellation Brands, Inc. - Class A		2,295		570,353
				1,323,604
Consumer Staples Distribution & Retail – 2.9%
Costco Wholesale Corp.		677		503,614
Walmart, Inc.		27,132		1,590,206
				2,093,820
Household Products – 0.9%
Procter & Gamble Co. (The)		4,141		658,171
				4,075,595
Energy – 2.7%
Energy Equipment & Services – 0.9%
Baker Hughes Co.		21,598		639,085
Oil, Gas & Consumable Fuels – 1.8%
Chevron Corp.		3,400		516,834

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Company	Shares		U.S. $ Value
EOG Resources, Inc.		7,136	$	816,786
				1,333,620
				1,972,705
Materials – 2.7%
Chemicals – 2.7%
Corteva, Inc.		8,646		462,734
Linde PLC		1,725		774,214
LyondellBasell Industries NV - Class A		7,195		721,515
				1,958,463
Real Estate – 1.8%
Industrial REITs – 1.2%
Prologis, Inc.		6,335		844,266
Specialized REITs – 0.6%
American Tower Corp.		2,405		478,258
				1,322,524
Utilities – 1.5%
Electric Utilities – 1.5%
American Electric Power Co., Inc.		7,137		608,001
NextEra Energy, Inc.		8,713		480,870
				1,088,871
Total Common Stocks (cost $63,536,869)				71,614,456
SHORT-TERM INVESTMENTS – 1.6%
Investment Companies – 1.6%
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 5.21%(b) (c) (d) (cost $1,140,423)		1,140,423		1,140,423
Total Investments – 99.9% (cost $64,677,292)(e)				72,754,879
Other assets less liabilities – 0.1%				56,880
Net Assets – 100.0%			$	72,811,759

(a) Non-income producing security.

(b) Affiliated investments.

(c) The rate shown represents the 7-day yield as of period end.

(d) To obtain a copy of the fund’s shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov, or call AB at (800) 227-4618.

(e) As of February 29, 2024, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $8,502,003 and gross unrealized depreciation of investments was $(424,416), resulting in net unrealized appreciation of $8,077,587.

  Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard & Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the broad market.

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Glossary:

ADR – American Depositary Receipt

REIT – Real Estate Investment Trust

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AB Active ETFs, Inc.

AB US Large Cap Strategic Equities ETF

February 29, 2024 (unaudited)

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund’s own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

• Level 1 - quoted prices in active markets for identical investments

• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 - significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

The following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of February 29, 2024:

Investments in Securities:	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks(a)	$	71,614,456	$	—	$	—	$	71,614,456
Short-Term Investments		1,140,423		—		—		1,140,423
Total Investments in Securities		72,754,879		—		—		72,754,879
Other Financial Instruments(b)		—		—		—		—
Total	$	72,754,879	$	—	$	—	$	72,754,879

^(a)  See Portfolio of Investments for sector classifications.

^(b)  Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.

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A summary of the Fund’s transactions in AB mutual funds for the three months ended February 29, 2024 is as follows:

Fund	Market Value 11/30/2023 (000)		Purchases at Cost (000)		Sales Proceeds (000)		Market Value 02/29/2024 (000)		Dividend Income (000)
Government Money Market Portfolio	$	594	$	810	$	264	$	1,140	$	12

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