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KSM

DWS Strategic Municipal Income Trust

Delisted

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

27 hedge funds and large institutions have $12.4M invested in DWS Strategic Municipal Income Trust in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 10

2% less capital invested

Capital invested by funds: $12.7M → $12.4M (-$273K)

10% less funds holding

Funds holding: 3027 (-3)

43% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 7

Holders
27
Holders Change
-3
Holders Change %
-10%
% of All Funds
0.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
10
Reduced
10
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Robinson Capital Management
Michigan
$2.92M -$183K -17,708 -6%
GC
2
Guggenheim Capital
Illinois
$1.83M -$533K -51,656 -23%
1CP
3
1607 Capital Partners
Virginia
$1.48M +$1.34M +129,419 +911%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$1.15M +$92.8K +9,000 +9%
Wells Fargo
5
Wells Fargo
California
$862K +$152K +14,770 +21%
LTFS
6
Ladenburg Thalmann Financial Services
Florida
$770K +$224K +21,750 +41%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$544K +$351K +33,997 +182%
AA
8
AQR Arbitrage
Connecticut
$334K +$203K +19,631 +154%
CFGS
9
Concourse Financial Group Securities
Alabama
$302K +$218K +21,104 +258%
CP
10
Camelot Portfolios
Ohio
$299K +$299K +28,998 New
MIG
11
Mariner Investment Group
New York
$296K -$26.5K -2,568 -8%
CIA
12
Capital Investment Advisors
Georgia
$231K -$45.4K -4,400 -16%
PAS
13
Park Avenue Securities
New York
$224K +$4.6K +446 +2%
LCM
14
Landscape Capital Management
New Jersey
$216K +$92.7K +8,983 +75%
RJA
15
Raymond James & Associates
Florida
$141K +$141K +13,680 New
Morgan Stanley
16
Morgan Stanley
New York
$134K -$72.2K -7,004 -35%
UCFA
17
United Capital Financial Advisors
Texas
$118K -$20.6K -2,000 -15%
KIM
18
Karpus Investment Management
New York
$118K
BFM
19
Boothbay Fund Management
New York
$103K +$103K +10,000 New
Bank of America
20
Bank of America
North Carolina
$79K -$1.32K -128 -2%
US Bancorp
21
US Bancorp
Minnesota
$78K
FCB
22
First Command Bank
Texas
$42K -$41.7K -4,043 -50%
FCFS
23
First Command Financial Services
Texas
$42K -$41.7K -4,043 -50%
AG
24
Advisor Group
Arizona
$33K +$15.6K +1,509 +92%
GWM
25
Geneos Wealth Management
Colorado
$21K

KSM Hedge Fund Activity: Q4 2018 in Review

27 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q4 2018, worth a combined $12.4M — down 2.2% from $12.7M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of KSM and 4 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 10 added.

The largest buyer was 1607 Capital Partners, adding an estimated $1.34M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.23M sold.

  • 27 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q4 2018, down from 30 in Q3 2018.
  • Funds reported $12.4M of DWS Strategic Municipal Income Trust stock for Q4 2018, down 2.2% quarter-over-quarter.
  • 4 funds opened new DWS Strategic Municipal Income Trust positions in Q4 2018 and 7 closed out, a net change of -3 holders.
  • The largest DWS Strategic Municipal Income Trust buyer in Q4 2018 was 1607 Capital Partners, an estimated $1.34M added.
  • The largest DWS Strategic Municipal Income Trust seller in Q4 2018 was Laurion Capital Management, an estimated $1.23M sold.

Based on aggregated 13F filings for Q4 2018.