DWS Municipal Income Trust
KTF
76 hedge funds and large institutions have $99.3M invested in DWS Municipal Income Trust in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 17 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
76% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 17
12% more funds holding
Funds holding: 68 → 76 (+8)
11% more capital invested
Capital invested by funds: $89.2M → $99.3M (+$10M)
1.76% more ownership
Funds ownership: 20.49% → 22.25% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.05M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.84M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.5M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.24M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.51M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$771K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$705K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$478K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$478K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Geode Capital Management
Boston,
Massachusetts
| – | -$156K | -13,845 | Closed |
|
|
AI
77
Atria Investments
Charlotte,
North Carolina
| – | -$127K | -10,913 | Closed |
|
|
FIA
78
FNY Investment Advisers
New York
| – | -$68K | -6,079 | Closed |
|
|
AF
79
Allworth Financial
Folsom,
California
| – | -$25K | -2,200 | Closed |
|
|
OIA
80
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$2K | -201 | Closed |
|
KTF Hedge Fund Activity: Q3 2019 in Review
76 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2019, worth a combined $99.3M — up 11% from $89.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new KTF positions and 5 closed out — a net gain of 8 holders — while 30 added to existing stakes and 17 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $2.05M. The largest seller was Nuveen, cutting an estimated $1.51M.
- 76 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2019, up from 68 in Q2 2019.
- Funds reported $99.3M of DWS Municipal Income Trust stock for Q3 2019, up 11% quarter-over-quarter.
- 13 funds opened new DWS Municipal Income Trust positions in Q3 2019 and 5 closed out, a net change of +8 holders.
- The largest DWS Municipal Income Trust buyer in Q3 2019 was Guggenheim Capital, an estimated $2.05M added.
- The largest DWS Municipal Income Trust seller in Q3 2019 was Nuveen, an estimated $1.51M sold.
Based on aggregated 13F filings for Q3 2019.