DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
32 hedge funds and large institutions have $13.3M invested in DWS Strategic Municipal Income Trust in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
31% more capital invested
Capital invested by funds: $10.2M → $13.3M (+$3.18M)
14% more funds holding
Funds holding: 28 → 32 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.76M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$644K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$575K |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$407K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$223K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$126K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$36.5K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$23.2K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$19.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $50K | – | – | – |
|
|
FCB
27
First Command Bank
Fort Worth,
Texas
| $42K | – | – | – |
|
|
FCFS
28
First Command Financial Services
Fort Worth,
Texas
| $42K | – | – | – |
|
|
MF
29
Manchester Financial
Westlake Village,
California
| $36K | +$40.7K | +3,500 | New |
|
|
CTC
30
Central Trust Company
Jefferson City,
Missouri
| $27K | – | – | – |
|
|
ME
31
McIlrath & Eck
Arlington,
Washington
| $5K | – | – | – |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| $3K | -$1.98K | -170 | -37% |
|
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$223K | -18,796 | Closed |
|
|
LCM
34
Landscape Capital Management
Englewood,
New Jersey
| – | -$126K | -10,596 | Closed |
|
|
BB
35
Busey Bank
Urbana,
Illinois
| – | -$4K | -323 | Closed |
|
KSM Hedge Fund Activity: Q1 2020 in Review
32 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q1 2020, worth a combined $13.3M — up 31% from $10.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KSM positions and 3 closed out — a net gain of 6 holders — while 12 added to existing stakes and 4 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $1.76M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $223K sold.
- 32 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q1 2020, up from 28 in Q4 2019.
- Funds reported $13.3M of DWS Strategic Municipal Income Trust stock for Q1 2020, up 31% quarter-over-quarter.
- 9 funds opened new DWS Strategic Municipal Income Trust positions in Q1 2020 and 3 closed out, a net change of +6 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q1 2020 was Robinson Capital Management, an estimated $1.76M added.
- The largest DWS Strategic Municipal Income Trust seller in Q1 2020 was Susquehanna International Group, an estimated $223K sold.
Based on aggregated 13F filings for Q1 2020.