Deutsche Multi-Market Incm Trust
KMM
KMM was delisted on the 9th of November, 2018.
37 hedge funds and large institutions have $67.4M invested in Deutsche Multi-Market Incm Trust in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 2 closing their positions.
7% more capital invested
Capital invested by funds: $63M → $67.4M (+$4.43M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 39 → 37 (-2)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
59% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.63M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.51M |
| 3 |
RVPG
Relative Value Partners Group
|
+$1.49M |
| 4 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$137K |
| 5 |
LCM
Laurion Capital Management
New York
|
+$63.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$802K |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$359K |
| 3 |
SIM
Strategic Investment Management
Arlington,
Virginia
|
-$230K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$58K |
| 5 |
LPL Financial
San Diego,
California
|
-$42.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $80K | -$23.6K | -2,729 | -23% |
|
27
Bank of America
Charlotte,
North Carolina
| $71K | -$16K | -1,845 | -18% |
|
28
Creative Planning
Overland Park,
Kansas
| $48K | – | – | – |
|
29
Envestnet Asset Management
Chicago,
Illinois
| $44K | +$2.36K | +273 | +6% |
|
|
TJHA
30
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $41K | – | – | – |
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| $39K | -$21.5K | -2,485 | -36% |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $23K | – | – | – |
|
|
NFG
33
Next Financial Group
Houston,
Texas
| $12K | -$16.7K | -1,927 | -58% |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| $12K | – | – | – |
|
|
AWM
35
Avior Wealth Management
Omaha,
Nebraska
| $9K | – | – | – |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | -$1.73K | -200 | -21% |
|
|
WAM
37
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $2K | – | – | – |
|
|
SIM
38
Strategic Investment Management
Arlington,
Virginia
| – | -$230K | -27,015 | Closed |
|
|
FPB
39
First PREMIER Bank
Sioux Falls,
South Dakota
| – | -$30K | -3,574 | Closed |
|
KMM Hedge Fund Activity: Q1 2017 in Review
37 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Deutsche Multi-Market Incm Trust (KMM) for Q1 2017, worth a combined $67.4M — up 7% from $63M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of KMM and 1 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 7 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $1.63M. The largest seller was Rivernorth Capital Management, cutting an estimated $802K.
- 37 institutional investors held Deutsche Multi-Market Incm Trust (KMM) as of Q1 2017, down from 39 in Q4 2016.
- Funds reported $67.4M of Deutsche Multi-Market Incm Trust stock for Q1 2017, up 7% quarter-over-quarter.
- 1 fund opened new Deutsche Multi-Market Incm Trust positions in Q1 2017 and 2 closed out, a net change of -1 holder.
- The largest Deutsche Multi-Market Incm Trust buyer in Q1 2017 was Shaker Financial Services, an estimated $1.63M added.
- The largest Deutsche Multi-Market Incm Trust seller in Q1 2017 was Rivernorth Capital Management, an estimated $802K sold.
Based on aggregated 13F filings for Q1 2017.