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KST

Deutsche Strategic Income Trust

Delisted

KST was delisted on the 9th of November, 2018.

23 hedge funds and large institutions have $27M invested in Deutsche Strategic Income Trust in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more capital invested

Capital invested by funds: $24.4M → $27M (+$2.58M)

4% less funds holding

Funds holding: 2423 (-1)

33% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 9

50% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 2

Holders
23
Holders Change
-1
Holders Change %
-4.17%
% of All Funds
0.57%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
6
Reduced
9
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$8.6M +$803K +64,907 +10%
RVPG
2
Relative Value Partners Group
$5.15M +$2.23M +180,601 +78%
SCM
3
Saba Capital Management
New York
$2.5M
BI
4
Bulldog Investors
New Jersey
$1.79M +$1.77M +143,311 New
IA
5
Icon Advisers
Colorado
$1.71M +$181K +14,600 +12%
Wells Fargo
6
Wells Fargo
California
$1.31M +$58.8K +4,758 +5%
Citigroup
7
Citigroup
New York
$985K -$12.4K -1,000 -1%
CS
8
Credit Suisse
Switzerland
$849K
SFS
9
Shaker Financial Services
Virginia
$806K
SI
10
SII Investments
Wisconsin
$721K -$18.4K -1,489 -3%
LCM
11
Laurion Capital Management
New York
$615K +$400K +32,366 +190%
Ameriprise
12
Ameriprise
Minnesota
$517K -$724K -58,559 -59%
CIA
13
Capital Investment Advisors
Georgia
$453K +$2.7K +218 +0.6%
1CP
14
1607 Capital Partners
Virginia
$284K -$12.4K -1,000 -4%
Morgan Stanley
15
Morgan Stanley
New York
$227K -$17.8K -1,436 -7%
PMG
16
ProVise Management Group
Florida
$131K -$18.6K -1,500 -13%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$122K -$14.5K -1,174 -11%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$80K -$5.23K -423 -6%
UBS Group
19
UBS Group
Switzerland
$39K -$7.63K -617 -17%
SQA
20
Simon Quick Advisors
New Jersey
$29K
Fifth Third Bancorp
21
Fifth Third Bancorp
Ohio
$21K
TDC
22
Thompson Davis & Co
Virginia
$12K
TJHA
23
Thomas J. Herzfeld Advisors
Florida
$5K
WAM
24
Wealthspire Advisors (Maryland)
Maryland
$2K
SIA
25
Sit Investment Associates
Minnesota
-$2.2M -177,924 Closed

KST Hedge Fund Activity: Q3 2017 in Review

23 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Deutsche Strategic Income Trust (KST) for Q3 2017, worth a combined $27M — up 11% from $24.4M a quarter earlier.

Sellers outnumbered buyers: 2 funds closed out of KST and 1 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 6 added.

The largest buyer was Relative Value Partners Group, adding an estimated $2.23M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $2.2M sold.

  • 23 institutional investors held Deutsche Strategic Income Trust (KST) as of Q3 2017, down from 24 in Q2 2017.
  • Funds reported $27M of Deutsche Strategic Income Trust stock for Q3 2017, up 11% quarter-over-quarter.
  • 1 fund opened new Deutsche Strategic Income Trust positions in Q3 2017 and 2 closed out, a net change of -1 holder.
  • The largest Deutsche Strategic Income Trust buyer in Q3 2017 was Relative Value Partners Group, an estimated $2.23M added.
  • The largest Deutsche Strategic Income Trust seller in Q3 2017 was Sit Investment Associates, an estimated $2.2M sold.

Based on aggregated 13F filings for Q3 2017.