DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
40 hedge funds and large institutions have $21.6M invested in DWS Strategic Municipal Income Trust in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
15% more capital invested
Capital invested by funds: $18.9M → $21.6M (+$2.75M)
14% more funds holding
Funds holding: 35 → 40 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.08M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$337K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$250K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$231K |
| 5 |
MA
Montag & Associates
Atlanta,
Georgia
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$906K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$318K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$200K |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$194K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$184K |
KSM Hedge Fund Activity: Q4 2020 in Review
40 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q4 2020, worth a combined $21.6M — up 15% from $18.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new KSM positions and 2 closed out — a net gain of 5 holders — while 16 added to existing stakes and 10 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $2.08M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $906K sold.
- 40 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q4 2020, up from 35 in Q3 2020.
- Funds reported $21.6M of DWS Strategic Municipal Income Trust stock for Q4 2020, up 15% quarter-over-quarter.
- 7 funds opened new DWS Strategic Municipal Income Trust positions in Q4 2020 and 2 closed out, a net change of +5 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q4 2020 was 1607 Capital Partners, an estimated $2.08M added.
- The largest DWS Strategic Municipal Income Trust seller in Q4 2020 was Wolverine Asset Management, an estimated $906K sold.
Based on aggregated 13F filings for Q4 2020.