DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
35 hedge funds and large institutions have $18.9M invested in DWS Strategic Municipal Income Trust in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
13% more capital invested
Capital invested by funds: $16.7M → $18.9M (+$2.16M)
3% more funds holding
Funds holding: 34 → 35 (+1)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$804K |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$438K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$190K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$156K |
| 5 |
BPB
Badgley, Phelps & Bell
Seattle,
Washington
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$193K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$139K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$81K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$81K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$79.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIM
26
Karpus Investment Management
Pittsford,
New York
| $142K | – | – | – |
|
|
RIA
27
Realta Investment Advisors
Wilmington,
Delaware
| $130K | – | – | – |
|
|
CFGS
28
Concourse Financial Group Securities
Birmingham,
Alabama
| $119K | -$22K | -2,015 | -16% |
|
|
BPB
29
Badgley, Phelps & Bell
Seattle,
Washington
| $116K | +$116K | +10,647 | New |
|
|
TJHA
30
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $53K | – | – | – |
|
31
US Bancorp
Minneapolis,
Minnesota
| $52K | -$2.73K | -250 | -5% |
|
32
UBS Group
Zurich,
Switzerland
| $48K | -$52.5K | -4,797 | -52% |
|
|
MF
33
Manchester Financial
Westlake Village,
California
| $38K | – | – | – |
|
|
ME
34
McIlrath & Eck
Arlington,
Washington
| $5K | – | – | – |
|
|
NFG
35
Next Financial Group
Houston,
Texas
| $4K | +$3.74K | +342 | New |
|
|
LCM
36
Landscape Capital Management
Englewood,
New Jersey
| – | -$139K | -13,198 | Closed |
|
|
CAN
37
Cetera Advisor Networks
El Segundo,
California
| – | -$29K | -2,800 | Closed |
|
KSM Hedge Fund Activity: Q3 2020 in Review
35 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q3 2020, worth a combined $18.9M — up 13% from $16.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new KSM positions and 2 closed out — a net gain of 1 holder — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $804K. The largest seller was Raymond James & Associates, cutting an estimated $193K.
- 35 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q3 2020, up from 34 in Q2 2020.
- Funds reported $18.9M of DWS Strategic Municipal Income Trust stock for Q3 2020, up 13% quarter-over-quarter.
- 3 funds opened new DWS Strategic Municipal Income Trust positions in Q3 2020 and 2 closed out, a net change of +1 holder.
- The largest DWS Strategic Municipal Income Trust buyer in Q3 2020 was Sit Investment Associates, an estimated $804K added.
- The largest DWS Strategic Municipal Income Trust seller in Q3 2020 was Raymond James & Associates, an estimated $193K sold.
Based on aggregated 13F filings for Q3 2020.