DTF Tax-Free Income 2028 Term Fund
28 hedge funds and large institutions have $46.1M invested in DTF Tax-Free Income 2028 Term Fund in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
6% more capital invested
Capital invested by funds: $43.3M → $46.1M (+$2.71M)
0.6% more ownership
Funds ownership: 35.44% → 36.04% (+0.6%)
3% less funds holding
Funds holding: 29 → 28 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.79M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$189K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$150K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$41.9K |
| 5 |
Morgan Stanley
New York
|
+$27.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$892K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$409K |
| 3 |
DHFB
Dixon Hubard Feinour & Brown
Roanoke,
Virginia
|
-$162K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$18K |
| 5 |
GAMC
Garner Asset Management Corp
Plano,
Texas
|
-$13.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
26
Accel Wealth Management
Waverly,
Iowa
| $16K | +$133 | +9 | +0.9% |
|
27
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $11K | – | – | – |
|
|
PWMG
28
Prestige Wealth Management Group
Flemington,
New Jersey
| $6K | – | – | – |
|
|
DHFB
29
Dixon Hubard Feinour & Brown
Roanoke,
Virginia
| – | -$162K | -11,186 | Closed |
|
|
IAIM
30
International Assets Investment Management
Orlando,
Florida
| – | -$18K | -1,200 | Closed |
|
|
FIA
31
FNY Investment Advisers
New York
| – | -$7K | -509 | Closed |
|
DTF Hedge Fund Activity: Q2 2021 in Review
28 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in DTF Tax-Free Income 2028 Term Fund (DTF) for Q2 2021, worth a combined $46.1M — up 6.2% from $43.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DTF and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 12 added.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.79M. The largest seller was Rivernorth Capital Management, cutting an estimated $892K.
- 28 institutional investors held DTF Tax-Free Income 2028 Term Fund (DTF) as of Q2 2021, down from 29 in Q1 2021.
- Funds reported $46.1M of DTF Tax-Free Income 2028 Term Fund stock for Q2 2021, up 6.2% quarter-over-quarter.
- 2 funds opened new DTF Tax-Free Income 2028 Term Fund positions in Q2 2021 and 3 closed out, a net change of -1 holder.
- The largest DTF Tax-Free Income 2028 Term Fund buyer in Q2 2021 was Robinson Capital Management, an estimated $1.79M added.
- The largest DTF Tax-Free Income 2028 Term Fund seller in Q2 2021 was Rivernorth Capital Management, an estimated $892K sold.
Based on aggregated 13F filings for Q2 2021.