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KSM

DWS Strategic Municipal Income Trust

Delisted

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

38 hedge funds and large institutions have $26.9M invested in DWS Strategic Municipal Income Trust in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

23% more capital invested

Capital invested by funds: $21.9M → $26.9M (+$5.06M)

12% more funds holding

Funds holding: 3438 (+4)

29% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 14

Holders
38
Holders Change
+4
Holders Change %
+11.76%
% of All Funds
0.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
10
Reduced
14
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$4.51M
SCM
2
Saba Capital Management
New York
$3.22M +$3.16M +394,593 New
HWAM
3
Hennion & Walsh Asset Management
New Jersey
$3.12M -$155K -19,344 -5%
RCM
4
Robinson Capital Management
Michigan
$2.31M +$1M +125,204 +80%
SIA
5
Sit Investment Associates
Minnesota
$1.99M +$86.6K +10,800 +5%
LSC
6
Logan Stone Capital
Illinois
$1.05M +$643K +80,244 +165%
ACA
7
Ackerman Capital Advisors
Texas
$1.01M +$264K +32,953 +37%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$986K -$117K -14,569 -11%
GC
9
Guggenheim Capital
Illinois
$871K -$479K -59,722 -36%
PAS
10
Park Avenue Securities
New York
$838K +$53.3K +6,652 +7%
WP
11
Woodline Partners
California
$763K +$749K +93,420 New
Baird Financial Group
12
Baird Financial Group
Wisconsin
$607K +$199K +24,862 +50%
LPL Financial
13
LPL Financial
California
$582K +$52.2K +6,510 +10%
WAM
14
Wakefield Asset Management
Colorado
$552K +$42.3K +5,272 +8%
RP
15
Riverbridge Partners
Minnesota
$534K +$36.1K +4,501 +7%
Invesco
16
Invesco
Georgia
$508K -$294K -36,725 -37%
Osaic Holdings
17
Osaic Holdings
Arizona
$490K +$6.15K +767 +1%
AC
18
Almitas Capital
California
$357K +$350K +43,696 New
CIA
19
Capital Investment Advisors
Georgia
$352K -$108K -13,525 -24%
WAM
20
Wolverine Asset Management
Illinois
$292K -$35.3K -4,408 -11%
MWM
21
Melfa Wealth Management
Massachusetts
$272K +$267K +33,336 New
Wells Fargo
22
Wells Fargo
California
$204K -$29.5K -3,685 -13%
Morgan Stanley
23
Morgan Stanley
New York
$201K -$235K -29,263 -54%
MC
24
Matisse Capital
Oregon
$186K +$183K +22,808 New
IAIM
25
International Assets Investment Management
Florida
$170K +$167K +20,826 New

KSM Hedge Fund Activity: Q4 2022 in Review

38 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q4 2022, worth a combined $26.9M — up 23% from $21.9M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new KSM positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 14 trimmed.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $3.16M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.2M sold.

  • 38 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q4 2022, up from 34 in Q3 2022.
  • Funds reported $26.9M of DWS Strategic Municipal Income Trust stock for Q4 2022, up 23% quarter-over-quarter.
  • 8 funds opened new DWS Strategic Municipal Income Trust positions in Q4 2022 and 4 closed out, a net change of +4 holders.
  • The largest DWS Strategic Municipal Income Trust buyer in Q4 2022 was Saba Capital Management, an estimated $3.16M added.
  • The largest DWS Strategic Municipal Income Trust seller in Q4 2022 was Rivernorth Capital Management, an estimated $1.2M sold.

Based on aggregated 13F filings for Q4 2022.