AB Tax-Aware Intermediate Municipal ETF
TAFM
29 hedge funds and large institutions have $280M invested in AB Tax-Aware Intermediate Municipal ETF in 2025 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 0 reducing their positions, and 4 closing their positions.
3,112% more capital inflows, than outflows
Capital inflows: $99.4M | Capital outflows: $3.09M
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
38% more funds holding
Funds holding: 21 → 29 (+8)
33.17% more ownership
Funds ownership: 62.79% → 95.96% (+33%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NorthRock Partners
Minneapolis,
Minnesota
|
+$35M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$18.1M |
| 3 |
LPL Financial
San Diego,
California
|
+$11.1M |
| 4 |
FWA
FSM Wealth Advisors
Cleveland,
Ohio
|
+$6.04M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$5.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$2.06M |
| 2 |
Atria Investments
Charlotte,
North Carolina
|
-$462K |
| 3 |
Sanctuary Advisors
Indianapolis,
Indiana
|
-$462K |
| 4 |
PTC
Private Trust Company
Cleveland,
Ohio
|
-$110K |
TAFM Hedge Fund Activity: Q2 2025 in Review
29 of the 7,618 institutional investors tracked by Wall St. Rank reported a position in AB Tax-Aware Intermediate Municipal ETF (TAFM) for Q2 2025, worth a combined $280M — up 51% from $185M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TAFM positions and 4 closed out — a net gain of 8 holders — while 14 added to existing stakes and 0 trimmed.
The largest buyer was NorthRock Partners, opening a new position worth an estimated $35M. The largest seller was Integrated Wealth Concepts, exiting entirely with an estimated $2.06M sold.
- 29 institutional investors held AB Tax-Aware Intermediate Municipal ETF (TAFM) as of Q2 2025, up from 21 in Q1 2025.
- Funds reported $280M of AB Tax-Aware Intermediate Municipal ETF stock for Q2 2025, up 51% quarter-over-quarter.
- 12 funds opened new AB Tax-Aware Intermediate Municipal ETF positions in Q2 2025 and 4 closed out, a net change of +8 holders.
- The largest AB Tax-Aware Intermediate Municipal ETF buyer in Q2 2025 was NorthRock Partners, an estimated $35M added.
- The largest AB Tax-Aware Intermediate Municipal ETF seller in Q2 2025 was Integrated Wealth Concepts, an estimated $2.06M sold.
Based on aggregated 13F filings for Q2 2025.