DWS Municipal Income Trust
KTF
43 hedge funds and large institutions have $44.6M invested in DWS Municipal Income Trust in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 9 closing their positions.
0.56% less ownership
Funds ownership: 8.41% → 7.86% (-0.56%)
9% less funds holding
Funds holding: 47 → 43 (-4)
10% less capital invested
Capital invested by funds: $49.4M → $44.6M (-$4.76M)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$852K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$642K |
| 3 |
Morgan Stanley
New York
|
+$237K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$188K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.67M |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$1.64M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$811K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$353K |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$251K |
KTF Hedge Fund Activity: Q3 2014 in Review
43 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2014, worth a combined $44.6M — down 9.6% from $49.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of KTF and 5 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 9 added.
The largest buyer was UBS, adding an estimated $852K. The largest seller was Mariner Investment Group, exiting entirely with an estimated $1.67M sold.
- 43 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2014, down from 47 in Q2 2014.
- Funds reported $44.6M of DWS Municipal Income Trust stock for Q3 2014, down 9.6% quarter-over-quarter.
- 5 funds opened new DWS Municipal Income Trust positions in Q3 2014 and 9 closed out, a net change of -4 holders.
- The largest DWS Municipal Income Trust buyer in Q3 2014 was UBS, an estimated $852K added.
- The largest DWS Municipal Income Trust seller in Q3 2014 was Mariner Investment Group, an estimated $1.67M sold.
Based on aggregated 13F filings for Q3 2014.