DTF Tax-Free Income 2028 Term Fund
21 hedge funds and large institutions have $9.42M invested in DTF Tax-Free Income 2028 Term Fund in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
46% more capital invested
Capital invested by funds: $6.47M → $9.42M (+$2.95M)
24% more funds holding
Funds holding: 17 → 21 (+4)
2.46% more ownership
Funds ownership: 5.1% → 7.56% (+2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$987K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$630K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$410K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$234K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$594K |
| 2 |
LPL Financial
San Diego,
California
|
-$200K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$168K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$59.7K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$59.3K |
DTF Hedge Fund Activity: Q2 2017 in Review
21 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in DTF Tax-Free Income 2028 Term Fund (DTF) for Q2 2017, worth a combined $9.42M — up 46% from $6.47M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DTF positions and 3 closed out — a net gain of 4 holders — while 7 added to existing stakes and 4 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $987K. The largest seller was Raymond James & Associates, cutting an estimated $594K.
- 21 institutional investors held DTF Tax-Free Income 2028 Term Fund (DTF) as of Q2 2017, up from 17 in Q1 2017.
- Funds reported $9.42M of DTF Tax-Free Income 2028 Term Fund stock for Q2 2017, up 46% quarter-over-quarter.
- 7 funds opened new DTF Tax-Free Income 2028 Term Fund positions in Q2 2017 and 3 closed out, a net change of +4 holders.
- The largest DTF Tax-Free Income 2028 Term Fund buyer in Q2 2017 was Laurion Capital Management, an estimated $987K added.
- The largest DTF Tax-Free Income 2028 Term Fund seller in Q2 2017 was Raymond James & Associates, an estimated $594K sold.
Based on aggregated 13F filings for Q2 2017.