DWS Municipal Income Trust
KTF
68 hedge funds and large institutions have $61.4M invested in DWS Municipal Income Trust in 2018 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 9 closing their positions.
244% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 9
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
48% more funds holding
Funds holding: 46 → 68 (+22)
31% more capital invested
Capital invested by funds: $46.8M → $61.4M (+$14.6M)
3.93% more ownership
Funds ownership: 10.88% → 14.81% (+3.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.17M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.21M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$1.35M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.35M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$266K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$157K |
| 3 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$156K |
| 4 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$155K |
| 5 |
Bank of New York Mellon
New York
|
-$134K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SEI Investments
Oaks,
Pennsylvania
| – | -$6K | -531 | Closed |
|
|
CFD
77
Creative Financial Designs
Kokomo,
Indiana
| – | -$4K | -389 | Closed |
|
78
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | New |
|
KTF Hedge Fund Activity: Q3 2018 in Review
68 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2018, worth a combined $61.4M — up 31% from $46.8M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new KTF positions and 9 closed out — a net gain of 22 holders — while 21 added to existing stakes and 11 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $3.17M. The largest seller was UBS Group, cutting an estimated $266K.
- 68 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2018, up from 46 in Q2 2018.
- Funds reported $61.4M of DWS Municipal Income Trust stock for Q3 2018, up 31% quarter-over-quarter.
- 31 funds opened new DWS Municipal Income Trust positions in Q3 2018 and 9 closed out, a net change of +22 holders.
- The largest DWS Municipal Income Trust buyer in Q3 2018 was Nuveen, an estimated $3.17M added.
- The largest DWS Municipal Income Trust seller in Q3 2018 was UBS Group, an estimated $266K sold.
Based on aggregated 13F filings for Q3 2018.