DWS Municipal Income Trust
KTF
81 hedge funds and large institutions have $144M invested in DWS Municipal Income Trust in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
5% more funds holding
Funds holding: 77 → 81 (+4)
1.14% more ownership
Funds ownership: 37.58% → 38.73% (+1.1%)
6% less capital invested
Capital invested by funds: $154M → $144M (-$9.91M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.37M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.64M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.1M |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$983K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.32M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$816K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$728K |
| 4 |
VanEck Associates
New York
|
-$362K |
| 5 |
Rockefeller Capital Management
New York
|
-$244K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bessemer Group
Woodbridge,
New Jersey
| $8K | +$604 | +64 | +8% |
|
|
CT
77
Caldwell Trust
Venice,
Florida
| $4.7K | – | – | – |
|
|
SSC
78
Syverson Strege & Co
West Des Moines,
Iowa
| $3K | – | – | – |
|
|
MIM
79
Macroview Investment Management
Bethesda,
Maryland
| $2K | – | – | – |
|
80
Bank of Montreal
Toronto,
Ontario, Canada
| $172 | +$1.25K | +132 | +0.8% |
|
|
MCA
81
Magnolia Capital Advisors
Jackson,
Mississippi
| – | -$232K | -22,265 | Closed |
|
|
LSC
82
Logan Stone Capital
Chicago,
Illinois
| – | -$189K | -18,116 | Closed |
|
|
DWM
83
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$113K | -10,818 | Closed |
|
|
RCA
84
Ranch Capital Advisors
Sarasota,
Florida
| – | -$112K | -10,750 | Closed |
|
|
LCM
85
Landscape Capital Management
Englewood,
New Jersey
| – | -$111K | -10,648 | Closed |
|
|
HA
86
Herold Advisors
New York
| – | -$38.1K | -3,659 | Closed |
|
|
APA
87
American Portfolios Advisors
Holbrook,
New York
| – | -$958 | -92 | Closed |
|
88
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$283 | +30 | New |
|
KTF Hedge Fund Activity: Q2 2022 in Review
81 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q2 2022, worth a combined $144M — down 6.4% from $154M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new KTF positions and 7 closed out — a net gain of 5 holders — while 29 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $15M. The largest seller was Karpus Investment Management, cutting an estimated $5.32M.
- 81 institutional investors held DWS Municipal Income Trust (KTF) as of Q2 2022, up from 77 in Q1 2022.
- Funds reported $144M of DWS Municipal Income Trust stock for Q2 2022, down 6.4% quarter-over-quarter.
- 12 funds opened new DWS Municipal Income Trust positions in Q2 2022 and 7 closed out, a net change of +5 holders.
- The largest DWS Municipal Income Trust buyer in Q2 2022 was Morgan Stanley, an estimated $15M added.
- The largest DWS Municipal Income Trust seller in Q2 2022 was Karpus Investment Management, an estimated $5.32M sold.
Based on aggregated 13F filings for Q2 2022.