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.
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 (+$422K)
0.14% more ownership
Funds ownership: 8.36% → 8.49% (+0.14%)
5% less funds holding
Funds holding: 22 → 21 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$416K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$82.1K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$39.4K |
| 4 |
Morgan Stanley
New York
|
+$36.7K |
| 5 |
MMG
Monetary Management Group
St Louis,
Missouri
|
+$19K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$225K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$107K |
| 3 |
FM
Foster & Motley
Cincinnati,
Ohio
|
-$72.3K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.18K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.58K |
DTF Hedge Fund Activity: Q4 2014 in Review
21 of the 3,765 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 3.9% 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 3.9% 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.