Deutsche Multi-Market Incm Trust
KMM
KMM was delisted on the 9th of November, 2018.
37 hedge funds and large institutions have $44.1M invested in Deutsche Multi-Market Incm Trust in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
3% more capital invested
Capital invested by funds: $43M → $44.1M (+$1.17M)
8% less funds holding
Funds holding: 40 → 37 (-3)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.36M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.73M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$471K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$363K |
| 5 |
M&T Bank
Buffalo,
New York
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$2.94M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.85M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.17M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$806K |
| 5 |
SRC
Shufro Rose & Co
New York
|
-$555K |
KMM Hedge Fund Activity: Q1 2016 in Review
37 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Deutsche Multi-Market Incm Trust (KMM) for Q1 2016, worth a combined $44.1M — up 2.7% from $43M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of KMM and 6 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 9 added.
The largest buyer was Saba Capital Management, adding an estimated $3.36M. The largest seller was Citigroup, exiting entirely with an estimated $2.94M sold.
- 37 institutional investors held Deutsche Multi-Market Incm Trust (KMM) as of Q1 2016, down from 40 in Q4 2015.
- Funds reported $44.1M of Deutsche Multi-Market Incm Trust stock for Q1 2016, up 2.7% quarter-over-quarter.
- 6 funds opened new Deutsche Multi-Market Incm Trust positions in Q1 2016 and 9 closed out, a net change of -3 holders.
- The largest Deutsche Multi-Market Incm Trust buyer in Q1 2016 was Saba Capital Management, an estimated $3.36M added.
- The largest Deutsche Multi-Market Incm Trust seller in Q1 2016 was Citigroup, an estimated $2.94M sold.
Based on aggregated 13F filings for Q1 2016.