DTF Tax-Free Income 2028 Term Fund
30 hedge funds and large institutions have $30.7M invested in DTF Tax-Free Income 2028 Term Fund in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $31.4M → $30.7M (-$677K)
1.92% less ownership
Funds ownership: 40.67% → 38.75% (-1.9%)
6% less funds holding
Funds holding: 32 → 30 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$5.78M |
| 2 |
BHPW
Beverly Hills Private Wealth
Beverly Hills,
California
|
+$475K |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$306K |
| 4 |
VF
Virtu Financial
New York
|
+$205K |
| 5 |
HC
Hara Capital
Bellevue,
Washington
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$5.88M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
-$630K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$402K |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$290K |
| 5 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
-$231K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $4.77K | -$11.1K | -989 | -70% |
|
|
PWMG
27
Prestige Wealth Management Group
Flemington,
New Jersey
| $4.51K | – | – | – |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $3.12K | -$1.88K | -168 | -38% |
|
|
FFA
29
Farther Finance Advisors
San Francisco,
California
| $374 | +$370 | +33 | New |
|
30
CIBC Private Wealth Group
Atlanta,
Georgia
| $11 | – | – | – |
|
|
AW
31
Atlas Wealth
Cincinnati,
Ohio
| – | -$5.88M | -532,093 | Closed |
|
|
FPCP
32
Fort Point Capital Partners
San Francisco,
California
| – | -$231K | -21,100 | Closed |
|
33
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$202K | -18,428 | Closed |
|
|
LCM
34
Landscape Capital Management
Englewood,
New Jersey
| – | -$198K | -18,038 | Closed |
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$131K | -11,988 | Closed |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$16K | -1,450 | Closed |
|
|
GLR
37
Great Lakes Retirement
Sandusky,
Ohio
| – | -$2.16K | -197 | Closed |
|
DTF Hedge Fund Activity: Q3 2024 in Review
30 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in DTF Tax-Free Income 2028 Term Fund (DTF) for Q3 2024, worth a combined $30.7M — down 2.2% from $31.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DTF and 5 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Kovitz Investment Group Partners, opening a new position worth an estimated $5.78M. The largest seller was Atlas Wealth, exiting entirely with an estimated $5.88M sold.
- 30 institutional investors held DTF Tax-Free Income 2028 Term Fund (DTF) as of Q3 2024, down from 32 in Q2 2024.
- Funds reported $30.7M of DTF Tax-Free Income 2028 Term Fund stock for Q3 2024, down 2.2% quarter-over-quarter.
- 5 funds opened new DTF Tax-Free Income 2028 Term Fund positions in Q3 2024 and 7 closed out, a net change of -2 holders.
- The largest DTF Tax-Free Income 2028 Term Fund buyer in Q3 2024 was Kovitz Investment Group Partners, an estimated $5.78M added.
- The largest DTF Tax-Free Income 2028 Term Fund seller in Q3 2024 was Atlas Wealth, an estimated $5.88M sold.
Based on aggregated 13F filings for Q3 2024.