DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
19 hedge funds and large institutions have $6M invested in DWS Strategic Municipal Income Trust in 2017 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 1 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
31% more capital invested
Capital invested by funds: $4.6M → $6M (+$1.41M)
10% less funds holding
Funds holding: 21 → 19 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$627K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$395K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$265K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$127K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$19.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$37.2K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$16K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$12.4K |
| 4 |
Morgan Stanley
New York
|
-$1.71K |
KSM Hedge Fund Activity: Q1 2017 in Review
19 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q1 2017, worth a combined $6M — up 31% from $4.6M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of KSM and 0 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 8 added.
The largest buyer was Robinson Capital Management, adding an estimated $627K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $37.2K.
- 19 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q1 2017, down from 21 in Q4 2016.
- Funds reported $6M of DWS Strategic Municipal Income Trust stock for Q1 2017, up 31% quarter-over-quarter.
- 0 funds opened new DWS Strategic Municipal Income Trust positions in Q1 2017 and 1 closed out, a net change of -1 holder.
- The largest DWS Strategic Municipal Income Trust buyer in Q1 2017 was Robinson Capital Management, an estimated $627K added.
- The largest DWS Strategic Municipal Income Trust seller in Q1 2017 was Raymond James Financial Services Advisors, an estimated $37.2K sold.
Based on aggregated 13F filings for Q1 2017.