DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
28 hedge funds and large institutions have $10.2M invested in DWS Strategic Municipal Income Trust in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
22% more funds holding
Funds holding: 23 → 28 (+5)
3% less capital invested
Capital invested by funds: $10.5M → $10.2M (-$361K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$536K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$226K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$128K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$113K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$673K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$603K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$270K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$136K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$112K |
KSM Hedge Fund Activity: Q4 2019 in Review
28 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q4 2019, worth a combined $10.2M — down 3.4% from $10.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new KSM positions and 1 closed out — a net gain of 5 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $536K. The largest seller was Royal Bank of Canada, cutting an estimated $673K.
- 28 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q4 2019, up from 23 in Q3 2019.
- Funds reported $10.2M of DWS Strategic Municipal Income Trust stock for Q4 2019, down 3.4% quarter-over-quarter.
- 6 funds opened new DWS Strategic Municipal Income Trust positions in Q4 2019 and 1 closed out, a net change of +5 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q4 2019 was Invesco, an estimated $536K added.
- The largest DWS Strategic Municipal Income Trust seller in Q4 2019 was Royal Bank of Canada, an estimated $673K sold.
Based on aggregated 13F filings for Q4 2019.