DWS Municipal Income Trust
KTF
47 hedge funds and large institutions have $49.4M invested in DWS Municipal Income Trust in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
1.12% less ownership
Funds ownership: 9.53% → 8.41% (-1.1%)
4% less funds holding
Funds holding: 49 → 47 (-2)
7% less capital invested
Capital invested by funds: $52.9M → $49.4M (-$3.49M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$479K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$164K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$105K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$89.5K |
| 5 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
+$63.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.65M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.71M |
| 3 |
LPL Financial
San Diego,
California
|
-$603K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$580K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$449K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
51
New England Securities
New York
| – | -$65K | -5,000 | Closed |
|
52
Creative Planning
Overland Park,
Kansas
| – | -$15K | -1,129 | Closed |
|
53
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -295 | Closed |
|
KTF Hedge Fund Activity: Q2 2014 in Review
47 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q2 2014, worth a combined $49.4M — down 6.6% from $52.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of KTF and 4 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was Bank of America, adding an estimated $479K. The largest seller was Sit Investment Associates, cutting an estimated $2.65M.
- 47 institutional investors held DWS Municipal Income Trust (KTF) as of Q2 2014, down from 49 in Q1 2014.
- Funds reported $49.4M of DWS Municipal Income Trust stock for Q2 2014, down 6.6% quarter-over-quarter.
- 4 funds opened new DWS Municipal Income Trust positions in Q2 2014 and 6 closed out, a net change of -2 holders.
- The largest DWS Municipal Income Trust buyer in Q2 2014 was Bank of America, an estimated $479K added.
- The largest DWS Municipal Income Trust seller in Q2 2014 was Sit Investment Associates, an estimated $2.65M sold.
Based on aggregated 13F filings for Q2 2014.