AB Tax-Aware Long Municipal ETF
TAFL
16 hedge funds and large institutions have $38.9M invested in AB Tax-Aware Long Municipal ETF in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 3 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
36% more capital invested
Capital invested by funds: $28.6M → $38.9M (+$10.3M)
14% more funds holding
Funds holding: 14 → 16 (+2)
3.46% more ownership
Funds ownership: 88.17% → 91.63% (+3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$3.97M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.86M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.01M |
| 4 |
HCA
Heck Capital Advisors
Rhinelander,
Wisconsin
|
+$1.31M |
| 5 |
Jane Street
New York
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.13M |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$571K |
| 3 |
JP Morgan Chase
New York
|
-$216K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$12.3K |
TAFL Hedge Fund Activity: Q4 2025 in Review
16 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in AB Tax-Aware Long Municipal ETF (TAFL) for Q4 2025, worth a combined $38.9M — up 36% from $28.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TAFL positions and 3 closed out — a net gain of 2 holders — while 8 added to existing stakes and 1 trimmed.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $3.97M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $1.13M sold.
- 16 institutional investors held AB Tax-Aware Long Municipal ETF (TAFL) as of Q4 2025, up from 14 in Q3 2025.
- Funds reported $38.9M of AB Tax-Aware Long Municipal ETF stock for Q4 2025, up 36% quarter-over-quarter.
- 5 funds opened new AB Tax-Aware Long Municipal ETF positions in Q4 2025 and 3 closed out, a net change of +2 holders.
- The largest AB Tax-Aware Long Municipal ETF buyer in Q4 2025 was HighTower Advisors, an estimated $3.97M added.
- The largest AB Tax-Aware Long Municipal ETF seller in Q4 2025 was Envestnet Asset Management, an estimated $1.13M sold.
Based on aggregated 13F filings for Q4 2025.