DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
27 hedge funds and large institutions have $12.4M invested in DWS Strategic Municipal Income Trust in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
2% less capital invested
Capital invested by funds: $12.7M → $12.4M (-$273K)
10% less funds holding
Funds holding: 30 → 27 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.34M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$351K |
| 3 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$299K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$224K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$218K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.23M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$533K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$285K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$274K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $8K | +$7.92K | +768 | New |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3K | -$49.5K | -4,795 | -94% |
|
|
LCM
28
Laurion Capital Management
New York
| – | -$1.23M | -116,070 | Closed |
|
|
CRC
29
Curi RMB Capital
Chicago,
Illinois
| – | -$285K | -26,873 | Closed |
|
|
30
Geode Capital Management
Boston,
Massachusetts
| – | -$274K | -25,917 | Closed |
|
|
CCP
31
Clough Capital Partners
Boston,
Massachusetts
| – | -$201K | -19,000 | Closed |
|
32
LPL Financial
San Diego,
California
| – | -$136K | -12,843 | Closed |
|
|
WSTAM
33
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$74K | -6,946 | Closed |
|
|
APP
34
Avantax Planning Partners
Dubuque,
Iowa
| – | -$34K | -3,200 | Closed |
|
KSM Hedge Fund Activity: Q4 2018 in Review
27 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q4 2018, worth a combined $12.4M — down 2.2% from $12.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of KSM and 4 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 10 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.34M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.23M sold.
- 27 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q4 2018, down from 30 in Q3 2018.
- Funds reported $12.4M of DWS Strategic Municipal Income Trust stock for Q4 2018, down 2.2% quarter-over-quarter.
- 4 funds opened new DWS Strategic Municipal Income Trust positions in Q4 2018 and 7 closed out, a net change of -3 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q4 2018 was 1607 Capital Partners, an estimated $1.34M added.
- The largest DWS Strategic Municipal Income Trust seller in Q4 2018 was Laurion Capital Management, an estimated $1.23M sold.
Based on aggregated 13F filings for Q4 2018.