DWS Strategic Municipal Income Trust
KSM
KSM was delisted on the 13th of November, 2024.
34 hedge funds and large institutions have $44.4M invested in DWS Strategic Municipal Income Trust in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 5 closing their positions.
9% more capital invested
Capital invested by funds: $40.7M → $44.4M (+$3.69M)
8% less funds holding
Funds holding: 37 → 34 (-3)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.23M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.79M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$589K |
| 4 |
SCM
Saba Capital Management
New York
|
+$417K |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$306K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.45M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$507K |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$286K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$197K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$175K |
KSM Hedge Fund Activity: Q1 2024 in Review
34 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in DWS Strategic Municipal Income Trust (KSM) for Q1 2024, worth a combined $44.4M — up 9.1% from $40.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of KSM and 2 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 8 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.23M. The largest seller was 1607 Capital Partners, cutting an estimated $1.45M.
- 34 institutional investors held DWS Strategic Municipal Income Trust (KSM) as of Q1 2024, down from 37 in Q4 2023.
- Funds reported $44.4M of DWS Strategic Municipal Income Trust stock for Q1 2024, up 9.1% quarter-over-quarter.
- 2 funds opened new DWS Strategic Municipal Income Trust positions in Q1 2024 and 5 closed out, a net change of -3 holders.
- The largest DWS Strategic Municipal Income Trust buyer in Q1 2024 was Rivernorth Capital Management, an estimated $2.23M added.
- The largest DWS Strategic Municipal Income Trust seller in Q1 2024 was 1607 Capital Partners, an estimated $1.45M sold.
Based on aggregated 13F filings for Q1 2024.