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 |
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.