DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
21 hedge funds and large institutions have $4.6M invested in DWS Strategic Municipal Income Trust in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
53% more capital invested
Capital invested by funds: $3.01M → $4.6M (+$1.59M)
50% more funds holding
Funds holding: 14 → 21 (+7)
1.5% more ownership
Funds ownership: 1.88% → 3.39% (+1.5%)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$872K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$818K |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$213K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$184K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$171K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$88.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$21.9K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$8.79K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.26K |
KSM Hedge Fund Activity: Q4 2016 in Review
21 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q4 2016, worth a combined $4.6M — up 53% from $3.01M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KSM positions and 2 closed out — a net gain of 7 holders — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $872K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $171K sold.
- 21 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q4 2016, up from 14 in Q3 2016.
- Funds reported $4.6M of DWS Strategic Municipal Income Trust stock for Q4 2016, up 53% quarter-over-quarter.
- 9 funds opened new DWS Strategic Municipal Income Trust positions in Q4 2016 and 2 closed out, a net change of +7 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q4 2016 was Guggenheim Capital, an estimated $872K added.
- The largest DWS Strategic Municipal Income Trust seller in Q4 2016 was Susquehanna International Group, an estimated $171K sold.
Based on aggregated 13F filings for Q4 2016.