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KTF

DWS Municipal Income Trust

47 hedge funds and large institutions have $49.4M invested in DWS Municipal Income Trust in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 13

1.12% less ownership

Funds ownership: 9.53%8.41% (-1.1%)

4% less funds holding

Funds holding: 4947 (-2)

7% less capital invested

Capital invested by funds: $52.9M → $49.4M (-$3.49M)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
47
Holders Change
-2
Holders Change %
-4.08%
% of All Funds
1.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
13
Reduced
13
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$10.9M -$2.65M -198,166 -20%
BTS
2
BB&T Securities
Virginia
$4.8M
N
3
Nuveen
North Carolina
$3.93M
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$3.48M -$21.9K -1,638 -0.6%
GC
5
Guggenheim Capital
Illinois
$3.4M -$1.71M -128,031 -34%
Bank of America
6
Bank of America
North Carolina
$2.94M +$479K +35,830 +20%
U
7
UBS
Switzerland
$2.09M -$580K -43,411 -22%
LPL Financial
8
LPL Financial
California
$1.75M -$603K -45,142 -26%
MIM
9
Macroview Investment Management
Maryland
$1.68M +$63.8K +4,775 +4%
MIG
10
Mariner Investment Group
New York
$1.67M -$449K -33,636 -22%
CIA
11
Capital Investment Advisors
Georgia
$1.64M +$21.6K +1,618 +1%
Goldman Sachs
12
Goldman Sachs
New York
$1.29M +$4.66K +349 +0.4%
Wells Fargo
13
Wells Fargo
California
$1.23M -$105K -7,872 -8%
Morgan Stanley
14
Morgan Stanley
New York
$934K -$145K -10,879 -14%
AAM
15
Advisors Asset Management
Colorado
$811K -$28.7K -2,146 -3%
Allianz Asset Management
16
Allianz Asset Management
Germany
$750K
RJA
17
Raymond James & Associates
Florida
$673K +$164K +12,282 +33%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$650K +$89.5K +6,700 +16%
PMG
19
ProVise Management Group
Florida
$583K +$13.1K +983 +2%
CIBC Private Wealth Group
20
CIBC Private Wealth Group
Georgia
$516K
BC
21
Brinker Capital
Pennsylvania
$459K +$2.6K +195 +0.6%
FAAS
22
First Allied Advisory Services
California
$385K +$33.7K +2,526 +10%
CP
23
Camelot Portfolios
Ohio
$383K -$33.4K -2,500 -8%
HCM
24
Hollencrest Capital Management
California
$364K
EFS
25
Essex Financial Services
Connecticut
$349K

KTF Hedge Fund Activity: Q2 2014 in Review

47 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q2 2014, worth a combined $49.4M — down 6.6% from $52.9M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of KTF and 4 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 13 added.

The largest buyer was Bank of America, adding an estimated $479K. The largest seller was Sit Investment Associates, cutting an estimated $2.65M.

  • 47 institutional investors held DWS Municipal Income Trust (KTF) as of Q2 2014, down from 49 in Q1 2014.
  • Funds reported $49.4M of DWS Municipal Income Trust stock for Q2 2014, down 6.6% quarter-over-quarter.
  • 4 funds opened new DWS Municipal Income Trust positions in Q2 2014 and 6 closed out, a net change of -2 holders.
  • The largest DWS Municipal Income Trust buyer in Q2 2014 was Bank of America, an estimated $479K added.
  • The largest DWS Municipal Income Trust seller in Q2 2014 was Sit Investment Associates, an estimated $2.65M sold.

Based on aggregated 13F filings for Q2 2014.