DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
34 hedge funds and large institutions have $21.9M invested in DWS Strategic Municipal Income Trust in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 4 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
8% less capital invested
Capital invested by funds: $23.7M → $21.9M (-$1.82M)
8% less funds holding
Funds holding: 37 → 34 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$658K |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$442K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$370K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$358K |
| 5 |
LPL Financial
San Diego,
California
|
+$289K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$311K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$289K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$173K |
| 4 |
PA
PFG Advisors
Phoenix,
Arizona
|
-$127K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$58.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Bank of America
Charlotte,
North Carolina
| $120K | -$173K | -19,001 | -56% |
|
27
UBS Group
Zurich,
Switzerland
| $111K | +$13.9K | +1,524 | +12% |
|
|
RIA
28
Realta Investment Advisors
Wilmington,
Delaware
| $95K | – | – | – |
|
|
LIG
29
Lokken Investment Group
Lewes,
Delaware
| $87K | – | – | – |
|
|
CFGS
30
Concourse Financial Group Securities
Birmingham,
Alabama
| $53K | -$16.1K | -1,765 | -21% |
|
31
US Bancorp
Minneapolis,
Minnesota
| $38K | – | – | – |
|
|
PMFA
32
Plante Moran Financial Advisors
Southfield,
Michigan
| $11K | – | – | – |
|
|
GWSG
33
GPS Wealth Strategies Group
Centennial,
Colorado
| $3K | – | – | – |
|
|
HI
34
Harbour Investments
Madison,
Wisconsin
| $3K | – | – | – |
|
|
PA
35
PFG Advisors
Phoenix,
Arizona
| – | -$127K | -13,899 | Closed |
|
|
SWM
36
SeaCrest Wealth Management
Purchase,
New York
| – | -$46K | -5,000 | Closed |
|
|
CWP
37
Concord Wealth Partners
Abingdon,
Virginia
| – | -$18K | -2,000 | Closed |
|
|
ME
38
McIlrath & Eck
Arlington,
Washington
| – | -$5K | -500 | Closed |
|
KSM Hedge Fund Activity: Q3 2022 in Review
34 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q3 2022, worth a combined $21.9M — down 7.7% from $23.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of KSM and 1 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Robinson Capital Management, adding an estimated $658K. The largest seller was Invesco, cutting an estimated $311K.
- 34 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q3 2022, down from 37 in Q2 2022.
- Funds reported $21.9M of DWS Strategic Municipal Income Trust stock for Q3 2022, down 7.7% quarter-over-quarter.
- 1 fund opened new DWS Strategic Municipal Income Trust positions in Q3 2022 and 4 closed out, a net change of -3 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q3 2022 was Robinson Capital Management, an estimated $658K added.
- The largest DWS Strategic Municipal Income Trust seller in Q3 2022 was Invesco, an estimated $311K sold.
Based on aggregated 13F filings for Q3 2022.