DTF TAX-FREE INCOME 2028 TERM FUND INC (DTF) — Institutional Holders, Q2 2026
31 institutional investment managers reported a DTF position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $36.4M. Every filer is listed below, ranked by position value. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
DTF in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- SIT INVESTMENT ASSOCIATESAdded · +193,247 sh+$2.2M
- Thomas J. Herzfeld AdvisorsAdded · +51,604 sh+$596.0K
- LPL FinancialAdded · +24,612 sh+$284.3K
- 49 WEALTH MANAGEMENTNew · +22,315 sh+$257.7K
- CITADEL ADVISORSNew · +13,404 sh+$154.8K
Biggest sellers
- 1607 Capital PartnersTrimmed · -41,518 sh-$479.5K
- RIVERNORTH CAPITAL MANAGEMENTSold out · -36,405 sh-$420.5K
- Focus Partners WealthTrimmed · -24,749 sh-$285.9K
- SUSQUEHANNA INTERNATIONAL GROUP, LLPTrimmed · -12,260 sh-$141.6K
- Sanctuary AdvisorsTrimmed · -8,300 sh-$95.9K
DTF 13F holders ranked 1–31 of 31
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | SIT INVESTMENT ASSOCIATES#1 · 1,116,707 sh | 1,116,707 | $12.9M | 0.24% | +20.9% |
| 2 | Focus Partners Wealth#2 · 425,402 sh | 425,402 | $4.9M | <0.01% | -5.5% |
| 3 | Almitas Capital#3 · 355,089 sh | 355,089 | $4.1M | 0.98% | 0.0% |
| 4 | Beverly Hills Private Wealth#4 · 335,921 sh | 335,921 | $3.9M | 0.74% | -0.1% |
| 5 | Hara Capital#5 · 307,689 sh | 307,689 | $3.6M | 1.87% | +1.2% |
| 6 | MORGAN STANLEY#6 · 79,776 sh | 79,776 | $921.4K | 0.00% | -3.6% |
| 7 | CITY OF LONDON INVESTMENT MANAGEMENT LTD#7 · 71,012 sh | 71,012 | $820.2K | 0.05% | 0.0% |
| 8 | Thomas J. Herzfeld Advisors#8 · 65,258 sh | 65,258 | $753.7K | 0.23% | +377.9% |
| 9 | 1607 Capital Partners#9 · 64,091 sh | 64,091 | $740.3K | 0.06% | -39.3% |
| 10 | LPL Financial#10 · 61,895 sh | 61,895 | $714.9K | <0.01% | +66.0% |
| 11 | Avise Financial Cooperative#11 · 46,934 sh | 46,934 | $542.1K | 0.38% | -0.2% |
| 12 | 49 WEALTH MANAGEMENT#12 · 22,315 sh | 22,315 | $257.7K | 0.05% | New |
| 13 | ALONGSIDE#13 · 22,315 sh | 22,315 | $257.7K | 0.05% | — |
| 14 | Basepoint Wealth#14 · 19,472 sh | 19,472 | $224.9K | 0.13% | -1.7% |
| 15 | Karpus Management#15 · 19,211 sh | 19,211 | $221.9K | <0.01% | 0.0% |
| 16 | Corps Capital Advisors#16 · 19,000 sh | 19,000 | $219.4K | 0.18% | 0.0% |
| 17 | Corient Private Wealth#17 · 17,518 sh | 17,518 | $202.3K | <0.01% | -0.1% |
| 18 | Nuveen#18 · 16,077 sh | 16,077 | $185.7K | 0.00% | 0.0% |
| 19 | Closed-End Fund Advisors#19 · 15,976 sh | 15,976 | $184.5K | 0.18% | +10.7% |
| 20 | SUSQUEHANNA INTERNATIONAL GROUP, LLP#20 · 15,223 sh | 15,223 | $175.8K | 0.00% | -44.6% |
| 21 | Savvy Advisors#21 · 14,545 sh | 14,545 | $168.0K | <0.01% | 0.0% |
| 22 | CITADEL ADVISORS#22 · 13,404 sh | 13,404 | $154.8K | 0.00% | New |
| 23 | MELFA WEALTH MANAGEMENT#23 · 10,939 sh | 10,939 | $126.3K | 0.07% | 0.0% |
| 24 | Sanctuary Advisors#24 · 10,000 sh | 10,000 | $115.5K | <0.01% | -45.4% |
| 25 | Financial Gravity Companies, (FGCO)#25 · 3,232 sh | 3,232 | $37.3K | <0.01% | — |
| 26 | OSAIC#26 · 1,626 sh | 1,626 | $18.8K | 0.00% | +0.4% |
| 27 | Centennial Bank#27 · 1,500 sh | 1,500 | $17.3K | <0.01% | 0.0% |
| 28 | Pinnacle Wealth Planning Services#28 · 1,250 sh | 1,250 | $14.4K | <0.01% | 0.0% |
| 29 | WELLS FARGO & COMPANY#29 · 501 sh | 501 | $5.8K | 0.00% | 0.0% |
| 30 | Prestige Wealth Management Group#30 · 400 sh | 400 | $4.6K | <0.01% | 0.0% |
| 31 | UBS Group AG#31 · 333 sh | 333 | $3.8K | 0.00% | -75.5% |
Funds that sold out of DTF in Q2 2026 (3)
Held DTF at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| RIVERNORTH CAPITAL MANAGEMENT36,405 sh | 36,405 | $416.8K |
| WFA of San Diego1,000 sh | 1,000 | $11.4K |
| FMR1 sh | 1 | $11.00 |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.