Who Owns DTF Tax-Free Income 2028 Term Fund Inc. (DTF)?Hedge Fund & Institutional Holders
Institutional Holders
34
as of Q4 2025
Total Institutional Value
$5.00000032910003e+120T
% of Float Held
—
QoQ Change in Holders
+11 / -3
Price History
DTF — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| Focus Partners Wealth | Increased | +464K | +$4.8B |
| Hara Capital LLC | New Position | +288K | +$3.3B |
| Savvy Advisors, Inc. | New Position | +15K | +$166.0M |
| MELFA WEALTH MANAGEMENT, INC. | New Position | +11K | +$124.0M |
| Garner Asset Management Corp | New Position | +6K | +$70.0M |
| Basepoint Wealth LLC | Increased | +243 | +$12.4M |
| Cedar Wealth Management, LLC | New Position | +732 | +$8.0M |
| Avise Financial Cooperative, Inc. | New Position | +47K | +$537K |
| Closed-End Fund Advisors, Inc. | New Position | +14K | +$164K |
| WFA of San Diego, LLC | New Position | +1K | +$11K |
| LPL Financial LLC | New Position | +18K | +$0 |
| J.W. COLE ADVISORS, INC. | New Position | +13K | +$0 |
| Pinnacle Wealth Planning Services, Inc. | New Position | +1K | +$0 |
| MORGAN STANLEY | Increased | +2K | +$-905K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Increased | +805 | +$-213.6M |
DTF — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| Kovitz Investment Group Partners, LLC | Closed Position | -467K | -$5.3B |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Decreased | -44K | -$500.3M |
| 1607 Capital Partners, LLC | Decreased | -20K | -$229.6M |
| Karpus Management, Inc. | Closed Position | -12K | -$131.8M |
| UBS Group AG | Decreased | -9K | -$105.6M |
| OSAIC HOLDINGS, INC. | Decreased | -1K | -$21.0M |
| Steward Partners Investment Advisory, LLC | Closed Position | -277 | -$3.2M |
| Corient Private Wealth LLC | Decreased | -18 | -$0 |
Top Institutional Holders(Q4 2025)
DTF Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 31 | $16.5B | +8 |
| Q3 2025 | 23 | $15.2B | -2 |
| Q2 2025 | 25 | $16.6B | +1 |
| Q1 2025 | 24 | $17.6B | -3 |
| Q4 2024 | 27 | $15.1B | +5 |
| Q3 2024 | 22 | $17.9B | -3 |
| Q2 2024 | 25 | $12.3B | +3 |
| Q1 2024 | 22 | $12.2B | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 34 institutional investors hold DTF (DTF Tax-Free Income 2028 Term Fund Inc.). The largest holder is Focus Partners Wealth with $5.0B in shares. This quarter, 11 institutions opened new positions and 3 closed their positions.
Frequently Asked Questions
How many hedge funds own DTF?
As of Q4 2025, 34 institutional investors report holding DTF (DTF Tax-Free Income 2028 Term Fund Inc.) in their 13F filings.
Who is the largest institutional holder of DTF?
The largest institutional holder of DTF is Focus Partners Wealth with $5.0B in shares.
Is institutional ownership of DTF increasing or decreasing?
This quarter, 11 institutions opened new positions in DTF and 3 closed their positions.