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KTF

DWS Municipal Income Trust

48 hedge funds and large institutions have $49.2M invested in DWS Municipal Income Trust in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 4848 (0)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

0.76% less ownership

Funds ownership: 10.25%9.49% (-0.76%)

10% less capital invested

Capital invested by funds: $54.5M → $49.2M (-$5.25M)

13% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 15

Holders
48
Holders Change
Holders Change %
0%
% of All Funds
1.39%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
13
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$10.8M -$4.33M -362,942 -29%
GC
2
Guggenheim Capital
Illinois
$5.19M -$1.02M -85,674 -17%
BTS
3
BB&T Securities
Virginia
$5.18M -$59.7K -5,000 -10%
N
4
Nuveen
North Carolina
$3.38M +$85.2K +7,138 +3%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$3.06M +$533K +44,610 +21%
U
6
UBS
Switzerland
$2.64M +$981K +82,187 +60%
AAM
7
Advisors Asset Management
Colorado
$2.31M -$434K -36,344 -16%
MIG
8
Mariner Investment Group
New York
$2.02M +$679K +56,909 +51%
LPL Financial
9
LPL Financial
California
$1.93M -$48.4K -4,056 -2%
Bank of America
10
Bank of America
North Carolina
$1.66M -$811K -67,938 -33%
CIA
11
Capital Investment Advisors
Georgia
$1.39M +$1.38M +115,947 New
Morgan Stanley
12
Morgan Stanley
New York
$1.15M +$463K +38,748 +67%
Goldman Sachs
13
Goldman Sachs
New York
$1.13M +$5.28K +442 +0.5%
Wells Fargo
14
Wells Fargo
California
$1.02M -$116K -9,750 -10%
Allianz Asset Management
15
Allianz Asset Management
Germany
$659K
PMG
16
ProVise Management Group
Florida
$487K -$118K -9,866 -20%
BC
17
Brinker Capital
Pennsylvania
$390K +$13.3K +1,118 +4%
VKH
18
Virtu KCG Holdings
New York
$380K +$378K +31,696 New
SG Americas Securities
19
SG Americas Securities
New York
$351K +$349K +29,240 New
CP
20
Camelot Portfolios
Ohio
$343K +$84.8K +7,100 +33%
HCM
21
Hollencrest Capital Management
California
$320K +$319K +26,720 New
EFS
22
Essex Financial Services
Connecticut
$306K
FAAS
23
First Allied Advisory Services
California
$303K -$363K -30,369 -55%
RJA
24
Raymond James & Associates
Florida
$297K +$52.2K +4,374 +21%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$287K +$20.7K +1,737 +8%

KTF Hedge Fund Activity: Q4 2013 in Review

48 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q4 2013, worth a combined $49.2M — down 9.6% from $54.5M a quarter earlier.

Fund positioning in KTF was balanced in Q4 2013: 8 funds opened new positions, 8 closed out, 13 added to existing stakes and 15 trimmed.

The largest buyer was UBS, adding an estimated $981K. The largest seller was Sit Investment Associates, cutting an estimated $4.33M.

  • 48 institutional investors held DWS Municipal Income Trust (KTF) as of Q4 2013, unchanged from Q3 2013.
  • Funds reported $49.2M of DWS Municipal Income Trust stock for Q4 2013, down 9.6% quarter-over-quarter.
  • 8 funds opened new DWS Municipal Income Trust positions in Q4 2013 and 8 closed out, a net change of 0 holders.
  • The largest DWS Municipal Income Trust buyer in Q4 2013 was UBS, an estimated $981K added.
  • The largest DWS Municipal Income Trust seller in Q4 2013 was Sit Investment Associates, an estimated $4.33M sold.

Based on aggregated 13F filings for Q4 2013.