DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
38 hedge funds and large institutions have $31.9M invested in DWS Strategic Municipal Income Trust in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 37 → 38 (+1)
5% more capital invested
Capital invested by funds: $30.4M → $31.9M (+$1.49M)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.59M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.69M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.18M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$464K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$2.1M |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$533K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$521K |
| 4 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$96.1K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$65.8K |
KSM Hedge Fund Activity: Q3 2023 in Review
38 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q3 2023, worth a combined $31.9M — up 4.9% from $30.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new KSM positions and 2 closed out — a net gain of 1 holder — while 12 added to existing stakes and 12 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $3.59M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $2.1M.
- 38 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q3 2023, up from 37 in Q2 2023.
- Funds reported $31.9M of DWS Strategic Municipal Income Trust stock for Q3 2023, up 4.9% quarter-over-quarter.
- 3 funds opened new DWS Strategic Municipal Income Trust positions in Q3 2023 and 2 closed out, a net change of +1 holder.
- The largest DWS Strategic Municipal Income Trust buyer in Q3 2023 was Saba Capital Management, an estimated $3.59M added.
- The largest DWS Strategic Municipal Income Trust seller in Q3 2023 was Hennion & Walsh Asset Management, an estimated $2.1M sold.
Based on aggregated 13F filings for Q3 2023.