DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
13 hedge funds and large institutions have $1.69M invested in DWS Strategic Municipal Income Trust in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
8% more funds holding
Funds holding: 12 → 13 (+1)
6% less capital invested
Capital invested by funds: $1.79M → $1.69M (-$99K)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$143K |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$142K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.48K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
+$545 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$333K |
| 2 |
Morgan Stanley
New York
|
-$66.5K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$57K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$28.5K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $561K | -$57K | -4,396 | -9% |
|
|
2
LPL Financial
San Diego,
California
| $352K | -$333K | -25,673 | -49% |
|
|
U
3
UBS
Zurich,
Switzerland
| $251K | +$143K | +11,022 | +134% |
|
|
4
Morgan Stanley
New York
| $166K | -$66.5K | -5,128 | -29% |
|
|
N
5
Nuveen
Charlotte,
North Carolina
| $142K | +$142K | +10,948 | New |
|
6
US Bancorp
Minneapolis,
Minnesota
| $99K | – | – | – |
|
|
WA
7
WFG Advisors
Dallas,
Texas
| $49K | +$545 | +42 | +1% |
|
8
Wells Fargo
San Francisco,
California
| $26K | -$13 | -1 | -0% |
|
|
MFS
9
MSI Financial Services
Springfield,
Massachusetts
| $18K | – | – | – |
|
|
10
Bank of America
Charlotte,
North Carolina
| $13K | -$28.5K | -2,200 | -69% |
|
|
BFEC
11
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $8K | – | – | – |
|
12
Creative Planning
Overland Park,
Kansas
| $5K | – | – | – |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| $1K | +$1.48K | +114 | New |
|
|
14
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$6K | -467 | Closed |
|
KSM Hedge Fund Activity: Q1 2014 in Review
13 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q1 2014, worth a combined $1.69M — down 5.5% from $1.79M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new KSM positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 5 trimmed.
The largest buyer was UBS, adding an estimated $143K. The largest seller was LPL Financial, cutting an estimated $333K.
- 13 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q1 2014, up from 12 in Q4 2013.
- Funds reported $1.69M of DWS Strategic Municipal Income Trust stock for Q1 2014, down 5.5% quarter-over-quarter.
- 2 funds opened new DWS Strategic Municipal Income Trust positions in Q1 2014 and 1 closed out, a net change of +1 holder.
- The largest DWS Strategic Municipal Income Trust buyer in Q1 2014 was UBS, an estimated $143K added.
- The largest DWS Strategic Municipal Income Trust seller in Q1 2014 was LPL Financial, an estimated $333K sold.
Based on aggregated 13F filings for Q1 2014.