DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
38 hedge funds and large institutions have $26.9M invested in DWS Strategic Municipal Income Trust in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
23% more capital invested
Capital invested by funds: $21.9M → $26.9M (+$5.06M)
12% more funds holding
Funds holding: 34 → 38 (+4)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.16M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$749K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$643K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.2M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$479K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$294K |
| 4 |
Morgan Stanley
New York
|
-$235K |
| 5 |
RIG
Ramiah Investment Group
Brookfield,
Wisconsin
|
-$156K |
KSM Hedge Fund Activity: Q4 2022 in Review
38 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q4 2022, worth a combined $26.9M — up 23% from $21.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new KSM positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 14 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $3.16M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.2M sold.
- 38 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q4 2022, up from 34 in Q3 2022.
- Funds reported $26.9M of DWS Strategic Municipal Income Trust stock for Q4 2022, up 23% quarter-over-quarter.
- 8 funds opened new DWS Strategic Municipal Income Trust positions in Q4 2022 and 4 closed out, a net change of +4 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q4 2022 was Saba Capital Management, an estimated $3.16M added.
- The largest DWS Strategic Municipal Income Trust seller in Q4 2022 was Rivernorth Capital Management, an estimated $1.2M sold.
Based on aggregated 13F filings for Q4 2022.