X-Square Municipal Income Tax Free ETF
ZTAX
2 hedge funds and large institutions have $2.07M invested in X-Square Municipal Income Tax Free ETF in 2025 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, reducing their positions, and 1 closing their positions.
4% more capital invested
Capital invested by funds: $2M → $2.07M (+$72.9K)
0.06% more ownership
Funds ownership: 45.12% → 45.18% (+0.06%)
0% more funds holding
Funds holding: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$1.75K |
| 2 |
WWA
Wealth Watch Advisors
Englewood,
Colorado
|
+$910 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$50 |
ZTAX Hedge Fund Activity: Q4 2025 in Review
2 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in X-Square Municipal Income Tax Free ETF (ZTAX) for Q4 2025, worth a combined $2.07M — up 3.6% from $2M a quarter earlier.
Fund positioning in ZTAX was balanced in Q4 2025: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 0 trimmed.
The largest buyer was X-Square Capital, adding an estimated $1.75K. The largest seller was UBS Group, exiting entirely with an estimated $50 sold.
- 2 institutional investors held X-Square Municipal Income Tax Free ETF (ZTAX) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $2.07M of X-Square Municipal Income Tax Free ETF stock for Q4 2025, up 3.6% quarter-over-quarter.
- 1 fund opened new X-Square Municipal Income Tax Free ETF positions in Q4 2025 and 1 closed out, a net change of 0 holders.
- The largest X-Square Municipal Income Tax Free ETF buyer in Q4 2025 was X-Square Capital, an estimated $1.75K added.
- The largest X-Square Municipal Income Tax Free ETF seller in Q4 2025 was UBS Group, an estimated $50 sold.
Based on aggregated 13F filings for Q4 2025.