DTF Tax-Free Income 2028 Term Fund
31 hedge funds and large institutions have $15.9M invested in DTF Tax-Free Income 2028 Term Fund in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
37% more capital invested
Capital invested by funds: $11.5M → $15.9M (+$4.31M)
15% more funds holding
Funds holding: 27 → 31 (+4)
4.35% more ownership
Funds ownership: 9.62% → 13.97% (+4.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.01M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.79M |
| 3 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$1.16M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$802K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$469K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.44M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$538K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$203K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$116K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$70.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $28K | – | – | – |
|
|
CAL
27
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $28K | +$28.2K | +2,082 | New |
|
|
BC
28
Bartlett & Co
Cincinnati,
Ohio
| $27K | – | – | – |
|
|
BCWM
29
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| $26.6K | +$27.1K | +2,000 | New |
|
|
SWM
30
SeaCrest Wealth Management
Purchase,
New York
| $23K | – | – | – |
|
|
HNB
31
Huntington National Bank
Columbus,
Ohio
| $11K | – | – | – |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7K | +$7.1K | +524 | New |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.44M | -102,307 | Closed |
|
DTF Hedge Fund Activity: Q1 2018 in Review
31 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in DTF Tax-Free Income 2028 Term Fund (DTF) for Q1 2018, worth a combined $15.9M — up 37% from $11.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DTF positions and 1 closed out — a net gain of 4 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.01M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.44M sold.
- 31 institutional investors held DTF Tax-Free Income 2028 Term Fund (DTF) as of Q1 2018, up from 27 in Q4 2017.
- Funds reported $15.9M of DTF Tax-Free Income 2028 Term Fund stock for Q1 2018, up 37% quarter-over-quarter.
- 5 funds opened new DTF Tax-Free Income 2028 Term Fund positions in Q1 2018 and 1 closed out, a net change of +4 holders.
- The largest DTF Tax-Free Income 2028 Term Fund buyer in Q1 2018 was Wells Fargo, an estimated $2.01M added.
- The largest DTF Tax-Free Income 2028 Term Fund seller in Q1 2018 was Wolverine Asset Management, an estimated $1.44M sold.
Based on aggregated 13F filings for Q1 2018.