Deutsche Multi-Market Incm Trust
KMM
KMM was delisted on the 9th of November, 2018.
32 hedge funds and large institutions have $79.6M invested in Deutsche Multi-Market Incm Trust in 2017 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 5 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
10% more capital invested
Capital invested by funds: $72.4M → $79.6M (+$7.19M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less funds holding
Funds holding: 37 → 32 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$4.78M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.53M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$826K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$459K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$89.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.22M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$609K |
| 3 |
SRC
Shufro Rose & Co
New York
|
-$519K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$357K |
| 5 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$202K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $38K | -$63.1K | -7,119 | -63% |
|
27
Fifth Third Bancorp
Cincinnati,
Ohio
| $31K | -$2.66K | -300 | -8% |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $25K | – | – | – |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $18K | +$213 | +24 | +1% |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $12K | – | – | – |
|
|
AWM
31
Avior Wealth Management
Omaha,
Nebraska
| $9K | – | – | – |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $7K | – | – | – |
|
|
WAM
33
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $7K | +$4.81K | +543 | +276% |
|
|
OIA
34
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$202K | -23,000 | Closed |
|
35
Ameriprise
Minneapolis,
Minnesota
| – | -$132K | -14,990 | Closed |
|
36
Envestnet Asset Management
Chicago,
Illinois
| – | -$57K | -6,329 | Closed |
|
37
Creative Planning
Overland Park,
Kansas
| – | -$28K | -3,200 | Closed |
|
KMM Hedge Fund Activity: Q3 2017 in Review
32 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Deutsche Multi-Market Incm Trust (KMM) for Q3 2017, worth a combined $79.6M — up 9.9% from $72.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of KMM and 0 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Relative Value Partners Group, adding an estimated $4.78M. The largest seller was Saba Capital Management, cutting an estimated $1.22M.
- 32 institutional investors held Deutsche Multi-Market Incm Trust (KMM) as of Q3 2017, down from 37 in Q2 2017.
- Funds reported $79.6M of Deutsche Multi-Market Incm Trust stock for Q3 2017, up 9.9% quarter-over-quarter.
- 0 funds opened new Deutsche Multi-Market Incm Trust positions in Q3 2017 and 5 closed out, a net change of -5 holders.
- The largest Deutsche Multi-Market Incm Trust buyer in Q3 2017 was Relative Value Partners Group, an estimated $4.78M added.
- The largest Deutsche Multi-Market Incm Trust seller in Q3 2017 was Saba Capital Management, an estimated $1.22M sold.
Based on aggregated 13F filings for Q3 2017.