DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
12 hedge funds and large institutions have $1.82M invested in DWS Strategic Municipal Income Trust in 2014 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
6% more capital invested
Capital invested by funds: $1.72M → $1.82M (+$103K)
20% less funds holding
Funds holding: 15 → 12 (-3)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$210K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$25.8K |
| 3 |
Morgan Stanley
New York
|
+$18.3K |
| 4 |
Citigroup
New York
|
+$7.59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$76K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$61.7K |
| 3 |
PTC
Private Trust Company
Cleveland,
Ohio
|
-$19K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$18.3K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.39K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
LPL Financial
San Diego,
California
| $610K | +$210K | +15,558 | +54% |
|
|
GC
2
Guggenheim Capital
Chicago,
Illinois
| $452K | -$61.7K | -4,570 | -12% |
|
|
3
Morgan Stanley
New York
| $236K | +$18.3K | +1,354 | +9% |
|
|
N
4
Nuveen
Charlotte,
North Carolina
| $150K | – | – | – |
|
5
UBS Group
Zurich,
Switzerland
| $121K | +$119K | +8,838 | New |
|
6
US Bancorp
Minneapolis,
Minnesota
| $104K | – | – | – |
|
|
7
Wells Fargo
San Francisco,
California
| $46K | -$5.39K | -399 | -10% |
|
|
WA
8
WFG Advisors
Dallas,
Texas
| $34K | -$18.3K | -1,355 | -35% |
|
|
9
Creative Planning
Overland Park,
Kansas
| $32K | +$25.8K | +1,910 | +478% |
|
|
10
Citigroup
New York
| $15K | +$7.59K | +562 | +99% |
|
11
Bank of America
Charlotte,
North Carolina
| $14K | – | – | – |
|
|
BFEC
12
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $8K | – | – | – |
|
|
13
Ameriprise
Minneapolis,
Minnesota
| – | -$76K | -5,622 | Closed |
|
|
PTC
14
Private Trust Company
Cleveland,
Ohio
| – | -$19K | -1,430 | Closed |
|
KSM Hedge Fund Activity: Q4 2014 in Review
12 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q4 2014, worth a combined $1.82M — up 6% from $1.72M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of KSM and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 4 added.
The largest buyer was LPL Financial, adding an estimated $210K. The largest seller was Ameriprise, exiting entirely with an estimated $76K sold.
- 12 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q4 2014, down from 15 in Q3 2014.
- Funds reported $1.82M of DWS Strategic Municipal Income Trust stock for Q4 2014, up 6% quarter-over-quarter.
- 1 fund opened new DWS Strategic Municipal Income Trust positions in Q4 2014 and 2 closed out, a net change of -1 holder.
- The largest DWS Strategic Municipal Income Trust buyer in Q4 2014 was LPL Financial, an estimated $210K added.
- The largest DWS Strategic Municipal Income Trust seller in Q4 2014 was Ameriprise, an estimated $76K sold.
Based on aggregated 13F filings for Q4 2014.