DTF Tax-Free Income 2028 Term Fund
19 hedge funds and large institutions have $10.3M invested in DTF Tax-Free Income 2028 Term Fund in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
15% more capital invested
Capital invested by funds: $8.92M → $10.3M (+$1.34M)
6% more funds holding
Funds holding: 18 → 19 (+1)
0.93% more ownership
Funds ownership: 8.05% → 8.98% (+0.93%)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$966K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$465K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$201K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$107K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$59.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$265K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$233K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$90.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$22.7K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$14.6K |
DTF Hedge Fund Activity: Q3 2015 in Review
19 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in DTF Tax-Free Income 2028 Term Fund (DTF) for Q3 2015, worth a combined $10.3M — up 15% from $8.92M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DTF positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $966K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $265K sold.
- 19 institutional investors held DTF Tax-Free Income 2028 Term Fund (DTF) as of Q3 2015, up from 18 in Q2 2015.
- Funds reported $10.3M of DTF Tax-Free Income 2028 Term Fund stock for Q3 2015, up 15% quarter-over-quarter.
- 3 funds opened new DTF Tax-Free Income 2028 Term Fund positions in Q3 2015 and 2 closed out, a net change of +1 holder.
- The largest DTF Tax-Free Income 2028 Term Fund buyer in Q3 2015 was Karpus Investment Management, an estimated $966K added.
- The largest DTF Tax-Free Income 2028 Term Fund seller in Q3 2015 was Wolverine Asset Management, an estimated $265K sold.
Based on aggregated 13F filings for Q3 2015.