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DTF

DTF Tax-Free Income 2028 Term Fund

27 hedge funds and large institutions have $45M invested in DTF Tax-Free Income 2028 Term Fund in 2021 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.51% more ownership

Funds ownership: 36.04%36.55% (+0.51%)

0% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 9

2% less capital invested

Capital invested by funds: $46.1M → $45M (-$1.06M)

4% less funds holding

Funds holding: 2827 (-1)

Holders
27
Holders Change
-1
Holders Change %
-3.57%
% of All Funds
0.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
9
Reduced
9
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$19.1M +$664K +44,616 +3%
1CP
2
1607 Capital Partners
Virginia
$6.52M
RCM
3
Rivernorth Capital Management
Florida
$6.3M +$579K +38,921 +10%
RCM
4
Robinson Capital Management
Michigan
$2.55M +$824K +55,348 +46%
EVM
5
Eaton Vance Management
Massachusetts
$2.48M -$189K -12,669 -7%
Wells Fargo
6
Wells Fargo
California
$2.37M -$1.21M -81,052 -33%
VCM
7
Vivaldi Capital Management
Illinois
$734K -$12.2K -823 -2%
MC
8
Matisse Capital
Oregon
$694K
First Trust Advisors
9
First Trust Advisors
Illinois
$618K -$11.5K -775 -2%
WAM
10
Wolverine Asset Management
Illinois
$507K -$5.61K -377 -1%
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$462K -$50.1K -3,365 -10%
WB
12
WesBanco Bank
West Virginia
$434K
DWM
13
Dakota Wealth Management
Florida
$428K
GAMC
14
Garner Asset Management Corp
Texas
$319K -$11.9K -800 -4%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$246K +$982 +66 +0.4%
UBS Group
16
UBS Group
Switzerland
$232K -$1.59K -107 -0.7%
TJHA
17
Thomas J. Herzfeld Advisors
Florida
$185K +$4.49K +302 +2%
RJA
18
Raymond James & Associates
Florida
$166K +$208 +14 +0.1%
KAS
19
Kestra Advisory Services
Texas
$164K +$283 +19 +0.2%
CG
20
Clarus Group
Texas
$152K -$3.6K -242 -2%
Morgan Stanley
21
Morgan Stanley
New York
$125K
Bank of America
22
Bank of America
North Carolina
$97K +$82K +5,509 +459%
US Bancorp
23
US Bancorp
Minnesota
$22K
Osaic Holdings
24
Osaic Holdings
Arizona
$21K
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$21K

DTF Hedge Fund Activity: Q3 2021 in Review

27 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in DTF Tax-Free Income 2028 Term Fund (DTF) for Q3 2021, worth a combined $45M — down 2.3% from $46.1M a quarter earlier.

Fund positioning in DTF was balanced in Q3 2021: 0 funds opened new positions, 0 closed out, 9 added to existing stakes and 9 trimmed.

The largest buyer was Robinson Capital Management, adding an estimated $824K. The largest seller was Wells Fargo, cutting an estimated $1.21M.

  • 27 institutional investors held DTF Tax-Free Income 2028 Term Fund (DTF) as of Q3 2021, down from 28 in Q2 2021.
  • Funds reported $45M of DTF Tax-Free Income 2028 Term Fund stock for Q3 2021, down 2.3% quarter-over-quarter.
  • 0 funds opened new DTF Tax-Free Income 2028 Term Fund positions in Q3 2021 and 0 closed out.
  • The largest DTF Tax-Free Income 2028 Term Fund buyer in Q3 2021 was Robinson Capital Management, an estimated $824K added.
  • The largest DTF Tax-Free Income 2028 Term Fund seller in Q3 2021 was Wells Fargo, an estimated $1.21M sold.

Based on aggregated 13F filings for Q3 2021.