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KTF

DWS Municipal Income Trust

42 hedge funds and large institutions have $39.4M 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.

New
Increased
Maintained
Reduced
Closed

70% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 10

11% more capital invested

Capital invested by funds: $35.4M → $39.4M (+$3.97M)

0.51% more ownership

Funds ownership: 7.88%8.39% (+0.51%)

5% less funds holding

Funds holding: 4442 (-2)

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

Holders
42
Holders Change
-2
Holders Change %
-4.55%
% of All Funds
1.17%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
17
Reduced
10
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$10.6M +$231K +18,048 +2%
UBS Group
2
UBS Group
Switzerland
$5.63M +$682K +53,286 +14%
Bank of America
3
Bank of America
North Carolina
$3.88M +$53.7K +4,201 +1%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$2.85M -$63K -4,926 -2%
CIA
5
Capital Investment Advisors
Georgia
$1.94M +$43K +3,364 +2%
LPL Financial
6
LPL Financial
California
$1.52M -$850K -66,443 -36%
Wells Fargo
7
Wells Fargo
California
$1.49M +$468K +36,586 +47%
LSA
8
Liberty Street Advisors
New York
$1.24M +$694K +54,235 +135%
MIM
9
Macroview Investment Management
Maryland
$869K -$146K -11,405 -15%
SFWA
10
Summit Financial Wealth Advisors
Louisiana
$775K +$223K +17,400 +42%
Morgan Stanley
11
Morgan Stanley
New York
$772K +$22.4K +1,751 +3%
NPC
12
National Planning Corporation
California
$736K +$532K +41,600 +334%
PMG
13
ProVise Management Group
Florida
$560K -$5.76K -450 -1%
FAAS
14
First Allied Advisory Services
California
$546K -$6.22K -486 -1%
GC
15
Guggenheim Capital
Illinois
$536K -$17.9K -1,399 -3%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$524K +$513K +40,094 New
RJA
17
Raymond James & Associates
Florida
$505K +$14.6K +1,140 +3%
CIBC Private Wealth Group
18
CIBC Private Wealth Group
Georgia
$494K
VanEck Associates
19
VanEck Associates
New York
$491K +$24.6K +1,923 +5%
BTS
20
BB&T Securities
Virginia
$477K +$19.2K +1,500 +4%
RJFSA
21
Raymond James Financial Services Advisors
Florida
$443K +$433K +33,840 New
BC
22
Brinker Capital
Pennsylvania
$409K -$22.7K -1,774 -5%
HCM
23
Hollencrest Capital Management
California
$349K
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$311K -$12.5K -978 -4%
EFS
25
Essex Financial Services
Connecticut
$295K -$12.8K -1,000 -4%

KTF Hedge Fund Activity: Q3 2015 in Review

42 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2015, worth a combined $39.4M — up 11% from $35.4M 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 $39.4M 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.