DTF Tax-Free Income 2028 Term Fund
24 hedge funds and large institutions have $10.2M invested in DTF Tax-Free Income 2028 Term Fund in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
14% more funds holding
Funds holding: 21 → 24 (+3)
9% more capital invested
Capital invested by funds: $9.42M → $10.2M (+$818K)
0.84% more ownership
Funds ownership: 7.56% → 8.4% (+0.84%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.24M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$916K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$206K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$189K |
| 5 |
Morgan Stanley
New York
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.35M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$243K |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$197K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$177K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$49.2K |
DTF Hedge Fund Activity: Q3 2017 in Review
24 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in DTF Tax-Free Income 2028 Term Fund (DTF) for Q3 2017, worth a combined $10.2M — up 8.7% from $9.42M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DTF positions and 3 closed out — a net gain of 3 holders — while 8 added to existing stakes and 5 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $1.24M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.35M sold.
- 24 institutional investors held DTF Tax-Free Income 2028 Term Fund (DTF) as of Q3 2017, up from 21 in Q2 2017.
- Funds reported $10.2M of DTF Tax-Free Income 2028 Term Fund stock for Q3 2017, up 8.7% quarter-over-quarter.
- 6 funds opened new DTF Tax-Free Income 2028 Term Fund positions in Q3 2017 and 3 closed out, a net change of +3 holders.
- The largest DTF Tax-Free Income 2028 Term Fund buyer in Q3 2017 was Fiera Capital (Canada), an estimated $1.24M added.
- The largest DTF Tax-Free Income 2028 Term Fund seller in Q3 2017 was Laurion Capital Management, an estimated $1.35M sold.
Based on aggregated 13F filings for Q3 2017.