X-Square Municipal Income Tax Free ETF
ZTAX
2 hedge funds and large institutions have $2.33M invested in X-Square Municipal Income Tax Free ETF in 2025 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 1 closing their positions.
7% more capital invested
Capital invested by funds: $2.18M → $2.33M (+$152K)
0% more funds holding
Funds holding: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
2.14% less ownership
Funds ownership: 53.65% → 51.51% (-2.1%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$6.15K |
| 2 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
-$3.72K |
ZTAX Hedge Fund Activity: Q1 2025 in Review
2 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in X-Square Municipal Income Tax Free ETF (ZTAX) for Q1 2025, worth a combined $2.33M — up 7% from $2.18M a quarter earlier.
Fund positioning in ZTAX was balanced in Q1 2025: 1 fund opened new positions, 1 closed out, 0 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $328K. The largest seller was UBS Group, exiting entirely with an estimated $6.15K sold.
- 2 institutional investors held X-Square Municipal Income Tax Free ETF (ZTAX) as of Q1 2025, unchanged from Q4 2024.
- Funds reported $2.33M of X-Square Municipal Income Tax Free ETF stock for Q1 2025, up 7% quarter-over-quarter.
- 1 fund opened new X-Square Municipal Income Tax Free ETF positions in Q1 2025 and 1 closed out, a net change of 0 holders.
- The largest X-Square Municipal Income Tax Free ETF buyer in Q1 2025 was Jane Street, an estimated $328K added.
- The largest X-Square Municipal Income Tax Free ETF seller in Q1 2025 was UBS Group, an estimated $6.15K sold.
Based on aggregated 13F filings for Q1 2025.