DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
21 hedge funds and large institutions have $10.2M invested in DWS Strategic Municipal Income Trust in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 9 closing their positions.
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
22% less funds holding
Funds holding: 27 → 21 (-6)
26% less capital invested
Capital invested by funds: $13.7M → $10.2M (-$3.54M)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.02M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$177K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$132K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$110K |
| 5 |
FCB
First Command Bank
Fort Worth,
Texas
|
+$43.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.67M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$1.46M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$659K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$357K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$262K |
KSM Hedge Fund Activity: Q2 2018 in Review
21 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q2 2018, worth a combined $10.2M — down 26% from $13.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of KSM and 3 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.02M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.67M sold.
- 21 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q2 2018, down from 27 in Q1 2018.
- Funds reported $10.2M of DWS Strategic Municipal Income Trust stock for Q2 2018, down 26% quarter-over-quarter.
- 3 funds opened new DWS Strategic Municipal Income Trust positions in Q2 2018 and 9 closed out, a net change of -6 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q2 2018 was Royal Bank of Canada, an estimated $1.02M added.
- The largest DWS Strategic Municipal Income Trust seller in Q2 2018 was Wolverine Asset Management, an estimated $1.67M sold.
Based on aggregated 13F filings for Q2 2018.