DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
27 hedge funds and large institutions have $13.7M invested in DWS Strategic Municipal Income Trust in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 6 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
23% more capital invested
Capital invested by funds: $11.2M → $13.7M (+$2.54M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
4% more funds holding
Funds holding: 26 → 27 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$745K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$721K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$702K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$672K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$202K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$124K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$111K |
| 4 |
CA
Calton & Associates
Tampa,
Florida
|
-$95K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$33.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $17K | – | – | – |
|
|
AIM
27
Advantage Investment Management
Cedar Rapids,
Iowa
| $13K | +$12.9K | +1,154 | New |
|
|
28
SG Americas Securities
New York
| – | -$202K | -17,166 | Closed |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$124K | -10,486 | Closed |
|
|
CA
30
Calton & Associates
Tampa,
Florida
| – | -$95K | -8,310 | Closed |
|
|
BAM
31
Barrett Asset Management
New York
| – | -$33K | -2,800 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | -$24K | -2,000 | Closed |
|
|
TC
33
Trust Company
Manhattan,
Kansas
| – | -$6K | -500 | Closed |
|
KSM Hedge Fund Activity: Q1 2018 in Review
27 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q1 2018, worth a combined $13.7M — up 23% from $11.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new KSM positions and 6 closed out — a net gain of 1 holder — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $745K. The largest seller was SG Americas Securities, exiting entirely with an estimated $202K sold.
- 27 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q1 2018, up from 26 in Q4 2017.
- Funds reported $13.7M of DWS Strategic Municipal Income Trust stock for Q1 2018, up 23% quarter-over-quarter.
- 7 funds opened new DWS Strategic Municipal Income Trust positions in Q1 2018 and 6 closed out, a net change of +1 holder.
- The largest DWS Strategic Municipal Income Trust buyer in Q1 2018 was Laurion Capital Management, an estimated $745K added.
- The largest DWS Strategic Municipal Income Trust seller in Q1 2018 was SG Americas Securities, an estimated $202K sold.
Based on aggregated 13F filings for Q1 2018.