Deutsche Multi-Market Incm Trust
KMM
KMM was delisted on the 9th of November, 2018.
37 hedge funds and large institutions have $72.4M invested in Deutsche Multi-Market Incm Trust in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 2 closing their positions.
7% more capital invested
Capital invested by funds: $67.4M → $72.4M (+$4.97M)
0% more funds holding
Funds holding: 37 → 37 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$7.35M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.83M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.51M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$357K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.89M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$757K |
| 3 |
LPL Financial
San Diego,
California
|
-$366K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$304K |
| 5 |
M&T Bank
Buffalo,
New York
|
-$239K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $72K | – | – | – |
|
27
Envestnet Asset Management
Chicago,
Illinois
| $57K | +$12.1K | +1,375 | +28% |
|
|
TJHA
28
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $42K | – | – | – |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $33K | -$6.16K | -700 | -16% |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $32K | +$32K | +3,635 | New |
|
31
Creative Planning
Overland Park,
Kansas
| $28K | -$20.1K | -2,279 | -42% |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $25K | – | – | – |
|
|
NFG
33
Next Financial Group
Houston,
Texas
| $18K | +$5.35K | +608 | +43% |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| $12K | – | – | – |
|
|
AWM
35
Avior Wealth Management
Omaha,
Nebraska
| $9K | – | – | – |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| $7K | – | – | – |
|
|
WAM
37
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $2K | – | – | – |
|
|
38
M&T Bank
Buffalo,
New York
| – | -$239K | -27,500 | Closed |
|
|
WS
39
Wedbush Securities
Los Angeles,
California
| – | -$123K | -14,190 | Closed |
|
KMM Hedge Fund Activity: Q2 2017 in Review
37 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Deutsche Multi-Market Incm Trust (KMM) for Q2 2017, worth a combined $72.4M — up 7.4% from $67.4M a quarter earlier.
Fund positioning in KMM was balanced in Q2 2017: 2 funds opened new positions, 2 closed out, 10 added to existing stakes and 15 trimmed.
The largest buyer was Relative Value Partners Group, adding an estimated $7.35M. The largest seller was Saba Capital Management, cutting an estimated $4.89M.
- 37 institutional investors held Deutsche Multi-Market Incm Trust (KMM) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $72.4M of Deutsche Multi-Market Incm Trust stock for Q2 2017, up 7.4% quarter-over-quarter.
- 2 funds opened new Deutsche Multi-Market Incm Trust positions in Q2 2017 and 2 closed out, a net change of 0 holders.
- The largest Deutsche Multi-Market Incm Trust buyer in Q2 2017 was Relative Value Partners Group, an estimated $7.35M added.
- The largest Deutsche Multi-Market Incm Trust seller in Q2 2017 was Saba Capital Management, an estimated $4.89M sold.
Based on aggregated 13F filings for Q2 2017.