DWS Municipal Income Trust
KTF
73 hedge funds and large institutions have $165M invested in DWS Municipal Income Trust in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 12 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
5% more capital invested
Capital invested by funds: $157M → $165M (+$8.28M)
1.72% more ownership
Funds ownership: 34.21% → 35.93% (+1.7%)
6% less funds holding
Funds holding: 78 → 73 (-5)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.41M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.63M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.53M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.4M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$5.17M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.58M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.33M |
| 4 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
-$814K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$803K |
KTF Hedge Fund Activity: Q1 2021 in Review
73 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q1 2021, worth a combined $165M — up 5.3% from $157M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of KTF and 7 opened new positions — a net loss of 5 holders — while 18 trimmed existing stakes and 28 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $5.41M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $5.17M sold.
- 73 institutional investors held DWS Municipal Income Trust (KTF) as of Q1 2021, down from 78 in Q4 2020.
- Funds reported $165M of DWS Municipal Income Trust stock for Q1 2021, up 5.3% quarter-over-quarter.
- 7 funds opened new DWS Municipal Income Trust positions in Q1 2021 and 12 closed out, a net change of -5 holders.
- The largest DWS Municipal Income Trust buyer in Q1 2021 was Rivernorth Capital Management, an estimated $5.41M added.
- The largest DWS Municipal Income Trust seller in Q1 2021 was Robinson Capital Management, an estimated $5.17M sold.
Based on aggregated 13F filings for Q1 2021.