DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
12 hedge funds and large institutions have $1.79M invested in DWS Strategic Municipal Income Trust in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 3 closing their positions.
8% less funds holding
Funds holding: 13 → 12 (-1)
25% less capital invested
Capital invested by funds: $2.38M → $1.79M (-$588K)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$16.7K |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$7.41K |
| 3 |
WA
WFG Advisors
Dallas,
Texas
|
+$544 |
| 4 |
Wells Fargo
San Francisco,
California
|
+$12 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$138K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$111K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$103K |
| 4 |
Morgan Stanley
New York
|
-$92.3K |
| 5 |
LPL Financial
San Diego,
California
|
-$56.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
LPL Financial
San Diego,
California
| $647K | -$56.3K | -4,559 | -8% |
|
|
GC
2
Guggenheim Capital
Chicago,
Illinois
| $583K | -$138K | -11,175 | -19% |
|
|
3
Morgan Stanley
New York
| $220K | -$92.3K | -7,468 | -29% |
|
|
U
4
UBS
Zurich,
Switzerland
| $101K | -$47.5K | -3,847 | -32% |
|
5
US Bancorp
Minneapolis,
Minnesota
| $93K | – | – | – |
|
|
WA
6
WFG Advisors
Dallas,
Texas
| $46K | +$544 | +44 | +1% |
|
|
7
Bank of America
Charlotte,
North Carolina
| $40K | -$111K | -9,000 | -74% |
|
|
8
Wells Fargo
San Francisco,
California
| $25K | +$12 | +1 | +0% |
|
|
MFS
9
MSI Financial Services
Springfield,
Massachusetts
| $17K | +$16.7K | +1,350 | New |
|
|
BFEC
10
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $7K | +$7.41K | +600 | New |
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | – | – | – |
|
12
Creative Planning
Overland Park,
Kansas
| $5K | – | – | – |
|
|
13
Ameriprise
Minneapolis,
Minnesota
| – | -$103K | -8,154 | Closed |
|
14
Citigroup
New York
| – | -$38K | -3,038 | Closed |
|
|
TRCT
15
Tower Research Capital (TRC)
New York
| – | -$6K | -488 | Closed |
|
KSM Hedge Fund Activity: Q4 2013 in Review
12 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q4 2013, worth a combined $1.79M — down 25% from $2.38M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of KSM and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 2 added.
The largest buyer was MSI Financial Services, opening a new position worth an estimated $16.7K. The largest seller was Guggenheim Capital, cutting an estimated $138K.
- 12 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q4 2013, down from 13 in Q3 2013.
- Funds reported $1.79M of DWS Strategic Municipal Income Trust stock for Q4 2013, down 25% quarter-over-quarter.
- 2 funds opened new DWS Strategic Municipal Income Trust positions in Q4 2013 and 3 closed out, a net change of -1 holder.
- The largest DWS Strategic Municipal Income Trust buyer in Q4 2013 was MSI Financial Services, an estimated $16.7K added.
- The largest DWS Strategic Municipal Income Trust seller in Q4 2013 was Guggenheim Capital, an estimated $138K sold.
Based on aggregated 13F filings for Q4 2013.