Deutsche Strategic Income Trust
KST was delisted on the 9th of November, 2018.
27 hedge funds and large institutions have $13.9M invested in Deutsche Strategic Income Trust in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
13% more capital invested
Capital invested by funds: $12.2M → $13.9M (+$1.64M)
4% more funds holding
Funds holding: 26 → 27 (+1)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$763K |
| 3 |
Citigroup
New York
|
+$499K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$296K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$150K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$120K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$88.9K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$35.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$29.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $2K | – | – | – |
|
|
GI
27
Gradient Investments
Arden Hills,
Minnesota
| $1K | – | – | – |
|
28
Creative Planning
Overland Park,
Kansas
| – | -$20K | -1,700 | Closed |
|
KST Hedge Fund Activity: Q2 2015 in Review
27 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Deutsche Strategic Income Trust (KST) for Q2 2015, worth a combined $13.9M — up 13% from $12.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new KST positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 9 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1M. The largest seller was ProVise Management Group, cutting an estimated $150K.
- 27 institutional investors held Deutsche Strategic Income Trust (KST) as of Q2 2015, up from 26 in Q1 2015.
- Funds reported $13.9M of Deutsche Strategic Income Trust stock for Q2 2015, up 13% quarter-over-quarter.
- 2 funds opened new Deutsche Strategic Income Trust positions in Q2 2015 and 1 closed out, a net change of +1 holder.
- The largest Deutsche Strategic Income Trust buyer in Q2 2015 was Saba Capital Management, an estimated $1M added.
- The largest Deutsche Strategic Income Trust seller in Q2 2015 was ProVise Management Group, an estimated $150K sold.
Based on aggregated 13F filings for Q2 2015.