DWS Municipal Income Trust
KTF
42 hedge funds and large institutions have $43.2M invested in DWS Municipal Income Trust in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 5 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
11% more capital invested
Capital invested by funds: $39M → $43.2M (+$4.11M)
0.51% more ownership
Funds ownership: 7.88% → 8.39% (+0.51%)
5% less funds holding
Funds holding: 44 → 42 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSA
Liberty Street Advisors
New York
|
+$694K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$682K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
+$532K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$513K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$468K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$850K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$152K |
| 3 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
-$146K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$134K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$127K |
KTF Hedge Fund Activity: Q3 2015 in Review
42 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2015, worth a combined $43.2M — up 11% from $39M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of KTF and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 17 added.
The largest buyer was Liberty Street Advisors, adding an estimated $694K. The largest seller was LPL Financial, cutting an estimated $850K.
- 42 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2015, down from 44 in Q2 2015.
- Funds reported $43.2M of DWS Municipal Income Trust stock for Q3 2015, up 11% quarter-over-quarter.
- 3 funds opened new DWS Municipal Income Trust positions in Q3 2015 and 5 closed out, a net change of -2 holders.
- The largest DWS Municipal Income Trust buyer in Q3 2015 was Liberty Street Advisors, an estimated $694K added.
- The largest DWS Municipal Income Trust seller in Q3 2015 was LPL Financial, an estimated $850K sold.
Based on aggregated 13F filings for Q3 2015.