DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
23 hedge funds and large institutions have $10.5M invested in DWS Strategic Municipal Income Trust in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 3 closing their positions.
3% less capital invested
Capital invested by funds: $10.9M → $10.5M (-$343K)
8% less funds holding
Funds holding: 25 → 23 (-2)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$222K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$109K |
| 3 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
+$72.6K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$66.1K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$50.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$229K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$181K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$130K |
| 4 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$126K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$125K |
KSM Hedge Fund Activity: Q3 2019 in Review
23 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q3 2019, worth a combined $10.5M — down 3.2% from $10.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of KSM and 1 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 6 added.
The largest buyer was Wells Fargo, adding an estimated $222K. The largest seller was Royal Bank of Canada, cutting an estimated $229K.
- 23 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q3 2019, down from 25 in Q2 2019.
- Funds reported $10.5M of DWS Strategic Municipal Income Trust stock for Q3 2019, down 3.2% quarter-over-quarter.
- 1 fund opened new DWS Strategic Municipal Income Trust positions in Q3 2019 and 3 closed out, a net change of -2 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q3 2019 was Wells Fargo, an estimated $222K added.
- The largest DWS Strategic Municipal Income Trust seller in Q3 2019 was Royal Bank of Canada, an estimated $229K sold.
Based on aggregated 13F filings for Q3 2019.