DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
33 hedge funds and large institutions have $24.8M invested in DWS Strategic Municipal Income Trust in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 3 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% less capital invested
Capital invested by funds: $25.4M → $24.8M (-$537K)
3% less funds holding
Funds holding: 34 → 33 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$823K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$702K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$679K |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$405K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$285K |
| 2 |
LPL Financial
San Diego,
California
|
-$131K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$88.5K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$33.1K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$28.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $74K | +$26.9K | +2,443 | +52% |
|
27
US Bancorp
Minneapolis,
Minnesota
| $50K | – | – | – |
|
|
CWP
28
Concord Wealth Partners
Abingdon,
Virginia
| $21K | – | – | – |
|
|
HA
29
Herold Advisors
New York
| $15.5K | +$16.5K | +1,500 | New |
|
|
PMFA
30
Plante Moran Financial Advisors
Southfield,
Michigan
| $14K | – | – | – |
|
31
Koshinski Asset Management
Decatur,
Illinois
| $12.4K | – | – | – |
|
|
ME
32
McIlrath & Eck
Arlington,
Washington
| $5K | – | – | – |
|
|
GWSG
33
GPS Wealth Strategies Group
Centennial,
Colorado
| $4K | +$4.65K | +422 | New |
|
|
34
LPL Financial
San Diego,
California
| – | -$131K | -10,736 | Closed |
|
|
TWA
35
TCI Wealth Advisors
Tucson,
Arizona
| – | -$27K | -2,195 | Closed |
|
|
SCA
36
Snowden Capital Advisors
New York
| – | -$6K | -500 | Closed |
|
KSM Hedge Fund Activity: Q1 2022 in Review
33 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q1 2022, worth a combined $24.8M — down 2.1% from $25.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new KSM positions and 3 closed out — a net gain of 1 holder — while 16 added to existing stakes and 6 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $823K. The largest seller was Guggenheim Capital, cutting an estimated $285K.
- 33 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q1 2022, down from 34 in Q4 2021.
- Funds reported $24.8M of DWS Strategic Municipal Income Trust stock for Q1 2022, down 2.1% quarter-over-quarter.
- 4 funds opened new DWS Strategic Municipal Income Trust positions in Q1 2022 and 3 closed out, a net change of +1 holder.
- The largest DWS Strategic Municipal Income Trust buyer in Q1 2022 was Rivernorth Capital Management, an estimated $823K added.
- The largest DWS Strategic Municipal Income Trust seller in Q1 2022 was Guggenheim Capital, an estimated $285K sold.
Based on aggregated 13F filings for Q1 2022.