DWS Municipal Income Trust
KTF
79 hedge funds and large institutions have $165M invested in DWS Municipal Income Trust in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 25 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2.34% more ownership
Funds ownership: 46.01% → 48.36% (+2.3%)
2% more capital invested
Capital invested by funds: $161M → $165M (+$3.08M)
0% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 25
1% less funds holding
Funds holding: 80 → 79 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.95M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.49M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$872K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$727K |
| 5 |
Bank of New York Mellon
New York
|
+$565K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$955K |
| 2 |
Morgan Stanley
New York
|
-$178K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$136K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$123K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$95.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MTIC
76
Missouri Trust & Investment Company
Springfield,
Missouri
| $3.78K | +$3.8K | +439 | New |
|
|
MIM
77
Macroview Investment Management
Bethesda,
Maryland
| $2.15K | – | – | – |
|
|
NA
78
NewEdge Advisors
New Orleans,
Louisiana
| $1.72K | – | – | – |
|
|
IA
79
IFP Advisors
Tampa,
Florida
| $861 | +$865 | +100 | New |
|
|
AC
80
Almitas Capital
Santa Monica,
California
| – | -$95.3K | -10,708 | Closed |
|
|
WAM
81
Worth Asset Management
Dallas,
Texas
| – | -$31.3K | -3,522 | Closed |
|
|
BAM
82
Bellevue Asset Management
Bellevue,
Washington
| – | -$16K | -1,800 | Closed |
|
|
TWA
83
TCI Wealth Advisors
Tucson,
Arizona
| – | -$7.89K | -886 | Closed |
|
84
JP Morgan Chase
New York
| – | -$5K | -588 | Closed |
|
|
SSC
85
Syverson Strege & Co
West Des Moines,
Iowa
| – | -$2.67K | -300 | Closed |
|
|
BWA
86
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$2.44K | -274 | Closed |
|
KTF Hedge Fund Activity: Q2 2023 in Review
79 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q2 2023, worth a combined $165M — up 1.9% from $161M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new KTF positions and 7 closed out — a net gain of 1 holder — while 25 added to existing stakes and 25 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $3.95M. The largest seller was Karpus Investment Management, cutting an estimated $955K.
- 79 institutional investors held DWS Municipal Income Trust (KTF) as of Q2 2023, down from 80 in Q1 2023.
- Funds reported $165M of DWS Municipal Income Trust stock for Q2 2023, up 1.9% quarter-over-quarter.
- 8 funds opened new DWS Municipal Income Trust positions in Q2 2023 and 7 closed out, a net change of +1 holder.
- The largest DWS Municipal Income Trust buyer in Q2 2023 was Saba Capital Management, an estimated $3.95M added.
- The largest DWS Municipal Income Trust seller in Q2 2023 was Karpus Investment Management, an estimated $955K sold.
Based on aggregated 13F filings for Q2 2023.