DWS Municipal Income Trust
KTF
80 hedge funds and large institutions have $161M invested in DWS Municipal Income Trust in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 32 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
8% more capital invested
Capital invested by funds: $150M → $161M (+$11.7M)
2.04% more ownership
Funds ownership: 43.97% → 46.01% (+2%)
0% more funds holding
Funds holding: 80 → 80 (0)
28% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.23M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.32M |
| 3 |
Rockefeller Capital Management
New York
|
+$1.25M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$921K |
| 5 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
+$613K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.13M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$693K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$483K |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$307K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$261K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWA
76
BDO Wealth Advisors
Jacksonville,
Florida
| $2.44K | +$2.41K | +274 | New |
|
|
MIM
77
Macroview Investment Management
Bethesda,
Maryland
| $2.23K | – | – | – |
|
|
NA
78
NewEdge Advisors
New Orleans,
Louisiana
| $1.78K | – | – | – |
|
|
WAM
79
Wolverine Asset Management
Chicago,
Illinois
| $1.1K | -$125K | -14,150 | -99% |
|
80
Commonwealth Equity Services
Waltham,
Massachusetts
| $319 | +$42.3K | +4,810 | +15% |
|
|
SS
81
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$228K | -26,521 | Closed |
|
82
Jane Street
New York
| – | -$161K | -18,732 | Closed |
|
|
STA
83
Summit Trail Advisors
New York
| – | -$161K | -18,687 | Closed |
|
|
RJFSA
84
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$86.3K | -10,028 | Closed |
|
|
MA
85
Montag & Associates
Atlanta,
Georgia
| – | -$25.8K | -3,000 | Closed |
|
|
RBC
86
Romano Brothers & Co
Evanston,
Illinois
| – | -$8.61K | -1,000 | Closed |
|
|
IA
87
IFP Advisors
Tampa,
Florida
| – | -$7K | -554 | Closed |
|
KTF Hedge Fund Activity: Q1 2023 in Review
80 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q1 2023, worth a combined $161M — up 7.8% from $150M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new KTF positions and 7 closed out — a net gain of 1 holder — while 23 added to existing stakes and 32 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.23M. The largest seller was 1607 Capital Partners, cutting an estimated $1.13M.
- 80 institutional investors held DWS Municipal Income Trust (KTF) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $161M of DWS Municipal Income Trust stock for Q1 2023, up 7.8% quarter-over-quarter.
- 8 funds opened new DWS Municipal Income Trust positions in Q1 2023 and 7 closed out, a net change of +1 holder.
- The largest DWS Municipal Income Trust buyer in Q1 2023 was Sit Investment Associates, an estimated $4.23M added.
- The largest DWS Municipal Income Trust seller in Q1 2023 was 1607 Capital Partners, an estimated $1.13M sold.
Based on aggregated 13F filings for Q1 2023.