DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
37 hedge funds and large institutions have $30.4M invested in DWS Strategic Municipal Income Trust in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 2 closing their positions.
3% more capital invested
Capital invested by funds: $29.4M → $30.4M (+$1.02M)
0% more funds holding
Funds holding: 37 → 37 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.26M |
| 2 |
SCM
Saba Capital Management
New York
|
+$936K |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$510K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$321K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$474K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$418K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$364K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$348K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $122K | -$117K | -14,027 | -49% |
|
|
27
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $120K | +$118K | +14,123 | New |
|
28
Bank of America
Charlotte,
North Carolina
| $112K | – | – | – |
|
|
RIA
29
Realta Investment Advisors
Wilmington,
Delaware
| $102K | – | – | – |
|
|
CP
30
Camelot Portfolios
Maumee,
Ohio
| $96.1K | -$6.66K | -796 | -7% |
|
|
LIG
31
Lokken Investment Group
Lewes,
Delaware
| $93K | – | – | – |
|
|
CWP
32
Concord Wealth Partners
Abingdon,
Virginia
| $17K | – | – | – |
|
|
CFGS
33
Concourse Financial Group Securities
Birmingham,
Alabama
| $16.1K | – | – | – |
|
|
PMFA
34
Plante Moran Financial Advisors
Southfield,
Michigan
| $11.4K | – | – | – |
|
|
GWSG
35
GPS Wealth Strategies Group
Centennial,
Colorado
| $9.39K | – | – | – |
|
|
HI
36
Harbour Investments
Madison,
Wisconsin
| $2.51K | – | – | – |
|
37
JP Morgan Chase
New York
| $1.14K | -$3.56K | -426 | -76% |
|
|
38
Invesco
Atlanta,
Georgia
| – | -$166K | -19,624 | Closed |
|
39
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$88.3K | -10,410 | Closed |
|
KSM Hedge Fund Activity: Q2 2023 in Review
37 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q2 2023, worth a combined $30.4M — up 3.5% from $29.4M a quarter earlier.
Fund positioning in KSM was balanced in Q2 2023: 2 funds opened new positions, 2 closed out, 8 added to existing stakes and 14 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $1.26M. The largest seller was Guggenheim Capital, cutting an estimated $474K.
- 37 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $30.4M of DWS Strategic Municipal Income Trust stock for Q2 2023, up 3.5% quarter-over-quarter.
- 2 funds opened new DWS Strategic Municipal Income Trust positions in Q2 2023 and 2 closed out, a net change of 0 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q2 2023 was Bulldog Investors, an estimated $1.26M added.
- The largest DWS Strategic Municipal Income Trust seller in Q2 2023 was Guggenheim Capital, an estimated $474K sold.
Based on aggregated 13F filings for Q2 2023.