Deutsche Multi-Market Incm Trust
KMM
KMM was delisted on the 9th of November, 2018.
31 hedge funds and large institutions have $49.1M invested in Deutsche Multi-Market Incm Trust in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 10 closing their positions.
11% more capital invested
Capital invested by funds: $44.1M → $49.1M (+$4.93M)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
16% less funds holding
Funds holding: 37 → 31 (-6)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.83M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.79M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.44M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$461K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$904K |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$504K |
| 3 |
LPL Financial
San Diego,
California
|
-$321K |
| 4 |
JCM
JD Capital Management
Darien,
Connecticut
|
-$227K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$194K |
KMM Hedge Fund Activity: Q2 2016 in Review
31 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Deutsche Multi-Market Incm Trust (KMM) for Q2 2016, worth a combined $49.1M — up 11% from $44.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of KMM and 4 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Icon Advisers, adding an estimated $2.83M. The largest seller was Saba Capital Management, cutting an estimated $904K.
- 31 institutional investors held Deutsche Multi-Market Incm Trust (KMM) as of Q2 2016, down from 37 in Q1 2016.
- Funds reported $49.1M of Deutsche Multi-Market Incm Trust stock for Q2 2016, up 11% quarter-over-quarter.
- 4 funds opened new Deutsche Multi-Market Incm Trust positions in Q2 2016 and 10 closed out, a net change of -6 holders.
- The largest Deutsche Multi-Market Incm Trust buyer in Q2 2016 was Icon Advisers, an estimated $2.83M added.
- The largest Deutsche Multi-Market Incm Trust seller in Q2 2016 was Saba Capital Management, an estimated $904K sold.
Based on aggregated 13F filings for Q2 2016.