DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
30 hedge funds and large institutions have $12.7M invested in DWS Strategic Municipal Income Trust in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
43% more funds holding
Funds holding: 21 → 30 (+9)
24% more capital invested
Capital invested by funds: $10.2M → $12.7M (+$2.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.25M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$327K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$290K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$280K |
| 5 |
PAS
Park Avenue Securities
New York
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$231K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$201K |
| 3 |
ICM
Ionic Capital Management
New York
|
-$178K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$155K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$130K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WSTAM
26
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| $74K | +$75.1K | +6,946 | New |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $54K | -$62.9K | -5,824 | -53% |
|
|
APP
28
Avantax Planning Partners
Dubuque,
Iowa
| $34K | +$34.6K | +3,200 | New |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $22K | +$22.8K | +2,110 | New |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $17K | +$22 | +2 | +0.1% |
|
|
RJFSA
31
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$201K | -18,480 | Closed |
|
|
ICM
32
Ionic Capital Management
New York
| – | -$178K | -16,320 | Closed |
|
|
DA
33
Doliver Advisors
Houston,
Texas
| – | -$155K | -14,233 | Closed |
|
34
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$16K | -1,509 | Closed |
|
KSM Hedge Fund Activity: Q3 2018 in Review
30 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q3 2018, worth a combined $12.7M — up 24% from $10.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new KSM positions and 4 closed out — a net gain of 9 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.25M. The largest seller was Mariner Investment Group, cutting an estimated $231K.
- 30 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q3 2018, up from 21 in Q2 2018.
- Funds reported $12.7M of DWS Strategic Municipal Income Trust stock for Q3 2018, up 24% quarter-over-quarter.
- 13 funds opened new DWS Strategic Municipal Income Trust positions in Q3 2018 and 4 closed out, a net change of +9 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q3 2018 was Laurion Capital Management, an estimated $1.25M added.
- The largest DWS Strategic Municipal Income Trust seller in Q3 2018 was Mariner Investment Group, an estimated $231K sold.
Based on aggregated 13F filings for Q3 2018.