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KSM

DWS Strategic Municipal Income Trust

Delisted

KSM was delisted on the 13th of November, 2024.

30 hedge funds and large institutions have $12.7M invested in DWS Strategic Municipal Income Trust in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

225% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 4

150% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 4

43% more funds holding

Funds holding: 2130 (+9)

24% more capital invested

Capital invested by funds: $10.2M → $12.7M (+$2.46M)

Holders
30
Holders Change
+9
Holders Change %
+42.86%
% of All Funds
0.69%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
10
Reduced
4
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Robinson Capital Management
Michigan
$3.18M -$130K -12,000 -4%
GC
2
Guggenheim Capital
Illinois
$2.43M +$18.5K +1,710 +0.8%
LCM
3
Laurion Capital Management
New York
$1.23M +$1.25M +116,070 New
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$1.09M +$13.2K +1,223 +1%
Wells Fargo
5
Wells Fargo
California
$728K +$152K +14,037 +26%
LTFS
6
Ladenburg Thalmann Financial Services
Florida
$560K +$327K +30,303 +134%
MIG
7
Mariner Investment Group
New York
$331K -$231K -21,390 -41%
CRC
8
Curi RMB Capital
Illinois
$285K +$290K +26,873 New
CIA
9
Capital Investment Advisors
Georgia
$284K +$4.32K +400 +2%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$274K +$280K +25,917 New
PAS
11
Park Avenue Securities
New York
$215K +$219K +20,239 New
Morgan Stanley
12
Morgan Stanley
New York
$212K +$103K +9,530 +91%
CCP
13
Clough Capital Partners
Massachusetts
$201K +$205K +19,000 New
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$198K +$202K +18,671 New
1CP
15
1607 Capital Partners
Virginia
$151K +$153K +14,200 New
UCFA
16
United Capital Financial Advisors
Texas
$143K +$35.7K +3,300 +33%
LPL Financial
17
LPL Financial
California
$136K +$15.9K +1,467 +13%
AA
18
AQR Arbitrage
Connecticut
$135K +$6.69K +619 +5%
LCM
19
Landscape Capital Management
New Jersey
$127K +$129K +11,957 New
KIM
20
Karpus Investment Management
New York
$121K +$123K +11,390 New
CFGS
21
Concourse Financial Group Securities
Alabama
$87K +$88.5K +8,193 New
FCB
22
First Command Bank
Texas
$86K
FCFS
23
First Command Financial Services
Texas
$86K
Bank of America
24
Bank of America
North Carolina
$83K -$4.32K -400 -5%
US Bancorp
25
US Bancorp
Minnesota
$80K

KSM Hedge Fund Activity: Q3 2018 in Review

30 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q3 2018, worth a combined $12.7M — up 24% from $10.2M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new KSM positions and 4 closed out — a net gain of 9 holders — while 10 added to existing stakes and 4 trimmed.

The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.25M. The largest seller was Mariner Investment Group, cutting an estimated $231K.

  • 30 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q3 2018, up from 21 in Q2 2018.
  • Funds reported $12.7M of DWS Strategic Municipal Income Trust stock for Q3 2018, up 24% quarter-over-quarter.
  • 13 funds opened new DWS Strategic Municipal Income Trust positions in Q3 2018 and 4 closed out, a net change of +9 holders.
  • The largest DWS Strategic Municipal Income Trust buyer in Q3 2018 was Laurion Capital Management, an estimated $1.25M added.
  • The largest DWS Strategic Municipal Income Trust seller in Q3 2018 was Mariner Investment Group, an estimated $231K sold.

Based on aggregated 13F filings for Q3 2018.