DTF Tax-Free Income 2028 Term Fund
32 hedge funds and large institutions have $31.4M invested in DTF Tax-Free Income 2028 Term Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
14% more funds holding
Funds holding: 28 → 32 (+4)
2% more capital invested
Capital invested by funds: $30.8M → $31.4M (+$613K)
0.03% more ownership
Funds ownership: 40.64% → 40.67% (+0.03%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$5.77M |
| 2 |
BHPW
Beverly Hills Private Wealth
Beverly Hills,
California
|
+$325K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$130K |
| 4 |
Morgan Stanley
New York
|
+$76.1K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$46.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$5.69M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$304K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$272K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$198K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$149K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $15.5K | +$11.7K | +1,079 | +324% |
|
|
WOSD
27
WFA of San Diego
San Diego,
California
| $11K | +$10.8K | +1,000 | New |
|
28
Wells Fargo
San Francisco,
California
| $8.09K | – | – | – |
|
|
SPIA
29
Steward Partners Investment Advisory
New York
| $4.88K | – | – | – |
|
|
PWMG
30
Prestige Wealth Management Group
Flemington,
New Jersey
| $4.38K | – | – | – |
|
|
GLR
31
Great Lakes Retirement
Sandusky,
Ohio
| $2.16K | +$2.14K | +197 | New |
|
32
CIBC Private Wealth Group
Atlanta,
Georgia
| $11 | +$11 | +1 | New |
|
|
RVPG
33
Relative Value Partners Group
| – | -$5.69M | -523,988 | Closed |
|
|
NA
34
NewEdge Advisors
New Orleans,
Louisiana
| – | -$3.94K | -367 | Closed |
|
DTF Hedge Fund Activity: Q2 2024 in Review
32 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in DTF Tax-Free Income 2028 Term Fund (DTF) for Q2 2024, worth a combined $31.4M — up 2% from $30.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DTF positions and 2 closed out — a net gain of 4 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Atlas Wealth, opening a new position worth an estimated $5.77M. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $5.69M sold.
- 32 institutional investors held DTF Tax-Free Income 2028 Term Fund (DTF) as of Q2 2024, up from 28 in Q1 2024.
- Funds reported $31.4M of DTF Tax-Free Income 2028 Term Fund stock for Q2 2024, up 2% quarter-over-quarter.
- 6 funds opened new DTF Tax-Free Income 2028 Term Fund positions in Q2 2024 and 2 closed out, a net change of +4 holders.
- The largest DTF Tax-Free Income 2028 Term Fund buyer in Q2 2024 was Atlas Wealth, an estimated $5.77M added.
- The largest DTF Tax-Free Income 2028 Term Fund seller in Q2 2024 was Relative Value Partners Group, an estimated $5.69M sold.
Based on aggregated 13F filings for Q2 2024.