AB Tax-Aware Intermediate Municipal ETF
TAFM
32 hedge funds and large institutions have $345M invested in AB Tax-Aware Intermediate Municipal ETF in 2025 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 4 reducing their positions, and 5 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 4
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
23% more capital invested
Capital invested by funds: $280M → $345M (+$64.7M)
10% more funds holding
Funds holding: 29 → 32 (+3)
2.02% more ownership
Funds ownership: 97.63% → 99.65% (+2%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$44.3M |
| 2 |
Goldman Sachs
New York
|
+$7.1M |
| 3 |
DWM
Dynasty Wealth Management
St. Petersburg,
Florida
|
+$4.31M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.95M |
| 5 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$3.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFG
Leverty Financial Group
Hudson,
Wisconsin
|
-$7.86M |
| 2 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
-$4.76M |
| 3 |
Jane Street
New York
|
-$2.21M |
| 4 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
-$1.8M |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$551K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $348K | – | – | – |
|
|
LCWP
27
Legacy Capital Wealth Partners
Little Rock,
Arkansas
| $316K | +$309K | +12,425 | New |
|
|
HA
28
Huntleigh Advisors
St. Louis,
Missouri
| $234K | +$229K | +9,200 | New |
|
|
LFG
29
Leverty Financial Group
Hudson,
Wisconsin
| $218K | -$7.86M | -315,590 | -97% |
|
|
MAM
30
MMA Asset Management
Conshohocken,
Pennsylvania
| $105K | +$103K | +4,150 | New |
|
|
WANY
31
Wealthspire Advisors (New York)
New York
| $54.6K | +$53.5K | +2,149 | New |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| $25.4K | +$24.9K | +1,000 | New |
|
|
VAS
33
Vestmark Advisory Solutions
Wakefield,
Massachusetts
| – | -$4.76M | -191,023 | Closed |
|
|
WAP
34
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$551K | -22,094 | Closed |
|
|
LWMNY
35
Landmark Wealth Management (New York)
Melville,
New York
| – | -$497K | -19,925 | Closed |
|
36
UBS Group
Zurich,
Switzerland
| – | -$232K | -9,325 | Closed |
|
|
ACI
37
Alpha Cubed Investments
Irvine,
California
| – | -$221K | -8,880 | Closed |
|
TAFM Hedge Fund Activity: Q3 2025 in Review
32 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in AB Tax-Aware Intermediate Municipal ETF (TAFM) for Q3 2025, worth a combined $345M — up 23% from $280M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TAFM positions and 5 closed out — a net gain of 3 holders — while 18 added to existing stakes and 4 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $44.3M. The largest seller was Leverty Financial Group, cutting an estimated $7.86M.
- 32 institutional investors held AB Tax-Aware Intermediate Municipal ETF (TAFM) as of Q3 2025, up from 29 in Q2 2025.
- Funds reported $345M of AB Tax-Aware Intermediate Municipal ETF stock for Q3 2025, up 23% quarter-over-quarter.
- 8 funds opened new AB Tax-Aware Intermediate Municipal ETF positions in Q3 2025 and 5 closed out, a net change of +3 holders.
- The largest AB Tax-Aware Intermediate Municipal ETF buyer in Q3 2025 was AllianceBernstein, an estimated $44.3M added.
- The largest AB Tax-Aware Intermediate Municipal ETF seller in Q3 2025 was Leverty Financial Group, an estimated $7.86M sold.
Based on aggregated 13F filings for Q3 2025.