DWS Municipal Income Trust
KTF
73 hedge funds and large institutions have $168M invested in DWS Municipal Income Trust in 2021 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 25 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
0% more funds holding
Funds holding: 73 → 73 (0)
0.37% less ownership
Funds ownership: 36.03% → 35.66% (-0.37%)
4% less capital invested
Capital invested by funds: $174M → $168M (-$6.49M)
32% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.49M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.06M |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$540K |
| 4 |
Mariner
Overland Park,
Kansas
|
+$457K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$398K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.17M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$613K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$268K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$265K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$256K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| – | -$56K | -4,591 | Closed |
|
KTF Hedge Fund Activity: Q3 2021 in Review
73 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2021, worth a combined $168M — down 3.7% from $174M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new KTF positions and 4 closed out — a net gain of 3 holders — while 17 added to existing stakes and 25 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.49M. The largest seller was Karpus Investment Management, cutting an estimated $5.17M.
- 73 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $168M of DWS Municipal Income Trust stock for Q3 2021, down 3.7% quarter-over-quarter.
- 7 funds opened new DWS Municipal Income Trust positions in Q3 2021 and 4 closed out, a net change of +3 holders.
- The largest DWS Municipal Income Trust buyer in Q3 2021 was Sit Investment Associates, an estimated $2.49M added.
- The largest DWS Municipal Income Trust seller in Q3 2021 was Karpus Investment Management, an estimated $5.17M sold.
Based on aggregated 13F filings for Q3 2021.