DWS Municipal Income Trust
KTF
49 hedge funds and large institutions have $52.9M invested in DWS Municipal Income Trust in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
7% more capital invested
Capital invested by funds: $49.2M → $52.9M (+$3.67M)
2% more funds holding
Funds holding: 48 → 49 (+1)
0.05% more ownership
Funds ownership: 9.49% → 9.53% (+0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
+$1.29M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.18M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$528K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$216K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.67M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$708K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$380K |
| 4 |
SG Americas Securities
New York
|
-$351K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$297K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
SG Americas Securities
New York
| – | -$351K | -29,240 | Closed |
|
|
WRM
52
Westport Resources Management
Westport,
Connecticut
| – | -$79K | -6,600 | Closed |
|
KTF Hedge Fund Activity: Q1 2014 in Review
49 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q1 2014, worth a combined $52.9M — up 7.4% from $49.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new KTF positions and 3 closed out — a net gain of 1 holder — while 18 added to existing stakes and 12 trimmed.
The largest buyer was Macroview Investment Management, adding an estimated $1.29M. The largest seller was Advisors Asset Management, cutting an estimated $1.67M.
- 49 institutional investors held DWS Municipal Income Trust (KTF) as of Q1 2014, up from 48 in Q4 2013.
- Funds reported $52.9M of DWS Municipal Income Trust stock for Q1 2014, up 7.4% quarter-over-quarter.
- 4 funds opened new DWS Municipal Income Trust positions in Q1 2014 and 3 closed out, a net change of +1 holder.
- The largest DWS Municipal Income Trust buyer in Q1 2014 was Macroview Investment Management, an estimated $1.29M added.
- The largest DWS Municipal Income Trust seller in Q1 2014 was Advisors Asset Management, an estimated $1.67M sold.
Based on aggregated 13F filings for Q1 2014.