DWS Municipal Income Trust
KTF
48 hedge funds and large institutions have $49.4M invested in DWS Municipal Income Trust in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 9 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
1% more capital invested
Capital invested by funds: $49.2M → $49.4M (+$246K)
0.47% more ownership
Funds ownership: 9.78% → 10.25% (+0.47%)
9% less funds holding
Funds holding: 53 → 48 (-5)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.25M |
| 2 |
Goldman Sachs
New York
|
+$1.14M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.02M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$612K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$495K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.07M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$950K |
| 3 |
BOS
Bank of Stockton
Stockton,
California
|
-$485K |
| 4 |
WSFS
Wilmington Savings Fund Society
Wilmington,
Delaware
|
-$279K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$264K |
KTF Hedge Fund Activity: Q3 2013 in Review
48 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2013, worth a combined $49.4M — up 0.5% from $49.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of KTF and 4 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 17 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.25M. The largest seller was Guggenheim Capital, cutting an estimated $1.07M.
- 48 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2013, down from 53 in Q2 2013.
- Funds reported $49.4M of DWS Municipal Income Trust stock for Q3 2013, up 0.5% quarter-over-quarter.
- 4 funds opened new DWS Municipal Income Trust positions in Q3 2013 and 9 closed out, a net change of -5 holders.
- The largest DWS Municipal Income Trust buyer in Q3 2013 was Sit Investment Associates, an estimated $1.25M added.
- The largest DWS Municipal Income Trust seller in Q3 2013 was Guggenheim Capital, an estimated $1.07M sold.
Based on aggregated 13F filings for Q3 2013.