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DTF

DTF Tax-Free Income 2028 Term Fund

21 hedge funds and large institutions have $11.1M invested in DTF Tax-Free Income 2028 Term Fund in 2014 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

50% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 4

4% more capital invested

Capital invested by funds: $10.7M → $11.1M (+$409K)

0.14% more ownership

Funds ownership: 8.36%8.49% (+0.14%)

5% less funds holding

Funds holding: 2221 (-1)

Holders
21
Holders Change
-1
Holders Change %
-4.55%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
6
Reduced
4
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$2.69M -$8.18K -539 -0.3%
KIM
2
Karpus Investment Management
New York
$2.08M +$82.1K +5,414 +4%
AAM
3
Advisors Asset Management
Colorado
$2.03M -$107K -7,069 -5%
N
4
Nuveen
North Carolina
$964K
RJA
5
Raymond James & Associates
Florida
$728K +$5.47K +361 +0.8%
Morgan Stanley
6
Morgan Stanley
New York
$531K +$36.7K +2,417 +8%
WAM
7
Wolverine Asset Management
Illinois
$433K +$416K +27,418 +3,427%
First Trust Advisors
8
First Trust Advisors
Illinois
$432K -$4.58K -302 -1%
Goldman Sachs
9
Goldman Sachs
New York
$296K
FM
10
Foster & Motley
Ohio
$248K -$72.3K -4,765 -23%
Wells Fargo
11
Wells Fargo
California
$228K +$15.2K +999 +7%
SWM
12
Segment Wealth Management
Texas
$221K
UBS Group
13
UBS Group
Switzerland
$59K +$58.4K +3,850 New
MMG
14
Monetary Management Group
Missouri
$46K +$19K +1,250 +71%
LTFS
15
Ladenburg Thalmann Financial Services
Florida
$40K +$39.4K +2,600 New
BC
16
Bartlett & Co
Ohio
$31K
Creative Planning
17
Creative Planning
Kansas
$28K
Bank of America
18
Bank of America
North Carolina
$15K
GT
19
Glenmede Trust
Pennsylvania
$13K
BRWA
20
B. Riley Wealth Advisors
Florida
$13 +$12.9K +850 New
DA
21
Doliver Advisors
Texas
-$225K -14,937 Closed
Ameriprise
22
Ameriprise
Minnesota
-$3K -230 Closed

DTF Hedge Fund Activity: Q4 2014 in Review

21 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in DTF Tax-Free Income 2028 Term Fund (DTF) for Q4 2014, worth a combined $11.1M — up 3.8% from $10.7M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new DTF positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 4 trimmed.

The largest buyer was Wolverine Asset Management, adding an estimated $416K. The largest seller was Doliver Advisors, exiting entirely with an estimated $225K sold.

  • 21 institutional investors held DTF Tax-Free Income 2028 Term Fund (DTF) as of Q4 2014, down from 22 in Q3 2014.
  • Funds reported $11.1M of DTF Tax-Free Income 2028 Term Fund stock for Q4 2014, up 3.8% quarter-over-quarter.
  • 3 funds opened new DTF Tax-Free Income 2028 Term Fund positions in Q4 2014 and 2 closed out, a net change of +1 holder.
  • The largest DTF Tax-Free Income 2028 Term Fund buyer in Q4 2014 was Wolverine Asset Management, an estimated $416K added.
  • The largest DTF Tax-Free Income 2028 Term Fund seller in Q4 2014 was Doliver Advisors, an estimated $225K sold.

Based on aggregated 13F filings for Q4 2014.