DTF Tax-Free Income 2028 Term Fund
30 hedge funds and large institutions have $32.1M invested in DTF Tax-Free Income 2028 Term Fund in 2024 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
1.99% more ownership
Funds ownership: 38.75% → 40.74% (+2%)
5% more capital invested
Capital invested by funds: $30.7M → $32.1M (+$1.42M)
0% more funds holding
Funds holding: 30 → 30 (0)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.97M |
| 2 |
BHPW
Beverly Hills Private Wealth
Beverly Hills,
California
|
+$1.66M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$249K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$85.9K |
| 5 |
FGC
Financial Gravity Companies
Lakeway,
Texas
|
+$36.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.43M |
| 2 |
HC
Hara Capital
Bellevue,
Washington
|
-$1.49M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.2M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$878K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$687K |
DTF Hedge Fund Activity: Q4 2024 in Review
30 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in DTF Tax-Free Income 2028 Term Fund (DTF) for Q4 2024, worth a combined $32.1M — up 4.6% from $30.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DTF positions and 4 closed out — a net gain of 1 holder — while 4 added to existing stakes and 12 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $6.97M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.43M.
- 30 institutional investors held DTF Tax-Free Income 2028 Term Fund (DTF) as of Q4 2024, unchanged from Q3 2024.
- Funds reported $32.1M of DTF Tax-Free Income 2028 Term Fund stock for Q4 2024, up 4.6% quarter-over-quarter.
- 5 funds opened new DTF Tax-Free Income 2028 Term Fund positions in Q4 2024 and 4 closed out, a net change of +1 holder.
- The largest DTF Tax-Free Income 2028 Term Fund buyer in Q4 2024 was Sit Investment Associates, an estimated $6.97M added.
- The largest DTF Tax-Free Income 2028 Term Fund seller in Q4 2024 was Rivernorth Capital Management, an estimated $2.43M sold.
Based on aggregated 13F filings for Q4 2024.