DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
26 hedge funds and large institutions have $11.2M invested in DWS Strategic Municipal Income Trust in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
46% more capital invested
Capital invested by funds: $7.69M → $11.2M (+$3.5M)
24% more funds holding
Funds holding: 21 → 26 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$791K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$773K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$752K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$630K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$547K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$233K |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
-$195K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$162K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$86K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$48.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
26
Trust Company
Manhattan,
Kansas
| $6K | +$5.98K | +500 | New |
|
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$233K | -19,102 | Closed |
|
|
28
KeyBank National Association
Cleveland,
Ohio
| – | -$195K | -15,970 | Closed |
|
|
CRC
29
Curi RMB Capital
Chicago,
Illinois
| – | -$162K | -13,282 | Closed |
|
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$86K | -7,076 | Closed |
|
KSM Hedge Fund Activity: Q4 2017 in Review
26 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q4 2017, worth a combined $11.2M — up 46% from $7.69M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KSM positions and 4 closed out — a net gain of 5 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $791K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $233K sold.
- 26 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q4 2017, up from 21 in Q3 2017.
- Funds reported $11.2M of DWS Strategic Municipal Income Trust stock for Q4 2017, up 46% quarter-over-quarter.
- 9 funds opened new DWS Strategic Municipal Income Trust positions in Q4 2017 and 4 closed out, a net change of +5 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q4 2017 was Laurion Capital Management, an estimated $791K added.
- The largest DWS Strategic Municipal Income Trust seller in Q4 2017 was Susquehanna International Group, an estimated $233K sold.
Based on aggregated 13F filings for Q4 2017.