DWS Municipal Income Trust
KTF
44 hedge funds and large institutions have $35.4M invested in DWS Municipal Income Trust in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 8 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
0.45% less ownership
Funds ownership: 8.33% → 7.88% (-0.45%)
8% less funds holding
Funds holding: 48 → 44 (-4)
29% less capital invested
Capital invested by funds: $50M → $35.4M (-$14.6M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.56M |
| 2 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$555K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$264K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$233K |
| 5 |
LPL Financial
San Diego,
California
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.56M |
| 2 |
Goldman Sachs
New York
|
-$1.31M |
| 3 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
-$1.15M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$622K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$378K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Creative Planning
Overland Park,
Kansas
| – | -$19K | -1,329 | Closed |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| – | -$2K | -149 | Closed |
|
KTF Hedge Fund Activity: Q2 2015 in Review
44 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q2 2015, worth a combined $35.4M — down 29% from $50M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of KTF and 5 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 17 added.
The largest buyer was UBS Group, adding an estimated $1.56M. The largest seller was Ameriprise, exiting entirely with an estimated $1.56M sold.
- 44 institutional investors held DWS Municipal Income Trust (KTF) as of Q2 2015, down from 48 in Q1 2015.
- Funds reported $35.4M of DWS Municipal Income Trust stock for Q2 2015, down 29% quarter-over-quarter.
- 5 funds opened new DWS Municipal Income Trust positions in Q2 2015 and 8 closed out, a net change of -3 holders.
- The largest DWS Municipal Income Trust buyer in Q2 2015 was UBS Group, an estimated $1.56M added.
- The largest DWS Municipal Income Trust seller in Q2 2015 was Ameriprise, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2015.