DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
40 hedge funds and large institutions have $24.5M invested in DWS Strategic Municipal Income Trust in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 6 closing their positions.
13% more capital invested
Capital invested by funds: $21.6M → $24.5M (+$2.86M)
1.54% more ownership
Funds ownership: 16.96% → 18.5% (+1.5%)
0% more funds holding
Funds holding: 40 → 40 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.27M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$592K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$215K |
| 4 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$163K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.46M |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$650K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$649K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$413K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$259K |
KSM Hedge Fund Activity: Q1 2021 in Review
40 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q1 2021, worth a combined $24.5M — up 13% from $21.6M a quarter earlier.
Fund positioning in KSM was balanced in Q1 2021: 6 funds opened new positions, 6 closed out, 11 added to existing stakes and 13 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $2.27M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $3.46M sold.
- 40 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $24.5M of DWS Strategic Municipal Income Trust stock for Q1 2021, up 13% quarter-over-quarter.
- 6 funds opened new DWS Strategic Municipal Income Trust positions in Q1 2021 and 6 closed out, a net change of 0 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q1 2021 was 1607 Capital Partners, an estimated $2.27M added.
- The largest DWS Strategic Municipal Income Trust seller in Q1 2021 was Robinson Capital Management, an estimated $3.46M sold.
Based on aggregated 13F filings for Q1 2021.