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KSM

DWS Strategic Municipal Income Trust

Delisted

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.

New
Increased
Maintained
Reduced
Closed

9% more capital invested

Capital invested by funds: $40.7M → $44.4M (+$3.69M)

8% less funds holding

Funds holding: 3734 (-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

Holders
34
Holders Change
-3
Holders Change %
-8.11%
% of All Funds
0.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
8
Reduced
14
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$14.3M +$417K +47,296 +3%
SIA
2
Sit Investment Associates
Minnesota
$8.24M +$1.79M +203,614 +28%
RCM
3
Rivernorth Capital Management
Florida
$5.01M +$2.23M +252,587 +82%
BI
4
Bulldog Investors
New Jersey
$4.45M +$589K +66,826 +16%
1CP
5
1607 Capital Partners
Virginia
$3.19M -$1.45M -164,418 -32%
LSC
6
Logan Stone Capital
Illinois
$1.82M -$165K -18,748 -8%
AC
7
Almitas Capital
California
$1.17M -$286K -32,407 -20%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$835K -$6.81K -773 -0.8%
Baird Financial Group
9
Baird Financial Group
Wisconsin
$791K +$28.4K +3,228 +4%
PAS
10
Park Avenue Securities
New York
$737K -$8.13K -922 -1%
RP
11
Riverbridge Partners
Minnesota
$573K -$11.1K -1,256 -2%
Osaic Holdings
12
Osaic Holdings
Arizona
$479K -$54.1K -6,138 -10%
LPL Financial
13
LPL Financial
California
$375K -$8.81K -1,000 -2%
WA
14
Whitebox Advisors
Minnesota
$311K +$306K +34,777 New
MWM
15
Melfa Wealth Management
Massachusetts
$301K +$476 +54 +0.2%
TJHA
16
Thomas J. Herzfeld Advisors
Florida
$254K +$81.2K +9,219 +48%
CIA
17
Capital Investment Advisors
Georgia
$226K -$17.2K -1,955 -7%
Wells Fargo
18
Wells Fargo
California
$184K -$3.08K -350 -2%
Morgan Stanley
19
Morgan Stanley
New York
$161K -$158K -17,951 -50%
ICMP
20
Integrated Capital Management (Pennsylvania)
Pennsylvania
$133K -$3.05K -346 -2%
UBS Group
21
UBS Group
Switzerland
$114K -$2.33K -264 -2%
CCG
22
Catalina Capital Group
California
$107K
RIA
23
Realta Investment Advisors
Delaware
$107K
Nomura Holdings
24
Nomura Holdings
Japan
$99.4K +$98K +11,121 New
LIG
25
Lokken Investment Group
Delaware
$98K

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.