DWS Municipal Income Trust
KTF
86 hedge funds and large institutions have $158M invested in DWS Municipal Income Trust in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 26 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
9% more funds holding
Funds holding: 79 → 86 (+7)
4.11% more ownership
Funds ownership: 48.36% → 52.47% (+4.1%)
4% less capital invested
Capital invested by funds: $165M → $158M (-$6.29M)
8% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.91M |
| 2 |
API
Advisor Partners II
Walnut Creek,
California
|
+$4.15M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.19M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.78M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$978K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.05M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.98M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$1.26M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.04M |
| 5 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$899K |
KTF Hedge Fund Activity: Q3 2023 in Review
86 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2023, worth a combined $158M — down 3.8% from $165M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new KTF positions and 8 closed out — a net gain of 7 holders — while 24 added to existing stakes and 26 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $5.91M. The largest seller was Sit Investment Associates, cutting an estimated $2.05M.
- 86 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2023, up from 79 in Q2 2023.
- Funds reported $158M of DWS Municipal Income Trust stock for Q3 2023, down 3.8% quarter-over-quarter.
- 15 funds opened new DWS Municipal Income Trust positions in Q3 2023 and 8 closed out, a net change of +7 holders.
- The largest DWS Municipal Income Trust buyer in Q3 2023 was Saba Capital Management, an estimated $5.91M added.
- The largest DWS Municipal Income Trust seller in Q3 2023 was Sit Investment Associates, an estimated $2.05M sold.
Based on aggregated 13F filings for Q3 2023.