Deutsche Multi-Market Incm Trust
KMM
KMM was delisted on the 9th of November, 2018.
39 hedge funds and large institutions have $63M invested in Deutsche Multi-Market Incm Trust in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 5 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
6% more capital invested
Capital invested by funds: $59.5M → $63M (+$3.55M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 41 → 39 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.72M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.5M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$982K |
| 4 |
SRC
Shufro Rose & Co
New York
|
+$567K |
| 5 |
RVPG
Relative Value Partners Group
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.75M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.01M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$911K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$241K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$193K |
KMM Hedge Fund Activity: Q4 2016 in Review
39 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Deutsche Multi-Market Incm Trust (KMM) for Q4 2016, worth a combined $63M — up 6% from $59.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of KMM and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 15 added.
The largest buyer was 1607 Capital Partners, opening a new position worth an estimated $2.72M. The largest seller was Yorktown Management & Research Company, exiting entirely with an estimated $1.75M sold.
- 39 institutional investors held Deutsche Multi-Market Incm Trust (KMM) as of Q4 2016, down from 41 in Q3 2016.
- Funds reported $63M of Deutsche Multi-Market Incm Trust stock for Q4 2016, up 6% quarter-over-quarter.
- 3 funds opened new Deutsche Multi-Market Incm Trust positions in Q4 2016 and 5 closed out, a net change of -2 holders.
- The largest Deutsche Multi-Market Incm Trust buyer in Q4 2016 was 1607 Capital Partners, an estimated $2.72M added.
- The largest Deutsche Multi-Market Incm Trust seller in Q4 2016 was Yorktown Management & Research Company, an estimated $1.75M sold.
Based on aggregated 13F filings for Q4 2016.