DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
25 hedge funds and large institutions have $11.5M invested in DWS Strategic Municipal Income Trust in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 4 closing their positions.
7% less capital invested
Capital invested by funds: $12.4M → $11.5M (-$859K)
7% less funds holding
Funds holding: 27 → 25 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$92.9K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$26.4K |
| 3 |
Morgan Stanley
New York
|
+$22.7K |
| 4 |
PAS
Park Avenue Securities
New York
|
+$16.4K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
+$5.11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$416K |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$296K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$227K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$216K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$210K |
KSM Hedge Fund Activity: Q1 2019 in Review
25 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q1 2019, worth a combined $11.5M — down 6.9% from $12.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of KSM and 2 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 6 added.
The largest buyer was UBS Group, adding an estimated $92.9K. The largest seller was Robinson Capital Management, cutting an estimated $416K.
- 25 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q1 2019, down from 27 in Q4 2018.
- Funds reported $11.5M of DWS Strategic Municipal Income Trust stock for Q1 2019, down 6.9% quarter-over-quarter.
- 2 funds opened new DWS Strategic Municipal Income Trust positions in Q1 2019 and 4 closed out, a net change of -2 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q1 2019 was UBS Group, an estimated $92.9K added.
- The largest DWS Strategic Municipal Income Trust seller in Q1 2019 was Robinson Capital Management, an estimated $416K sold.
Based on aggregated 13F filings for Q1 2019.