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KTF

DWS Municipal Income Trust

44 hedge funds and large institutions have $41.6M invested in DWS Municipal Income Trust in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

6% more capital invested

Capital invested by funds: $39.4M → $41.6M (+$2.18M)

5% more funds holding

Funds holding: 4244 (+2)

9% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 11

0.15% more ownership

Funds ownership: 8.39%8.54% (+0.15%)

Holders
44
Holders Change
+2
Holders Change %
+4.76%
% of All Funds
1.15%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
12
Reduced
11
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$9.96M -$902K -67,700 -8%
UBS Group
2
UBS Group
Switzerland
$5.99M +$182K +13,671 +3%
Morgan Stanley
3
Morgan Stanley
New York
$4.08M +$3.24M +243,411 +413%
Bank of America
4
Bank of America
North Carolina
$3.75M -$246K -18,431 -6%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$2.77M -$173K -13,002 -6%
LPL Financial
6
LPL Financial
California
$2.69M +$1.08M +80,794 +70%
CIA
7
Capital Investment Advisors
Georgia
$1.97M -$29.3K -2,201 -1%
Wells Fargo
8
Wells Fargo
California
$1.54M -$746 -56 -0%
NPC
9
National Planning Corporation
California
$800K +$39.6K +2,969 +5%
SFWA
10
Summit Financial Wealth Advisors
Louisiana
$799K
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$644K +$102K +7,662 +19%
PMG
12
ProVise Management Group
Florida
$576K
VanEck Associates
13
VanEck Associates
New York
$567K +$60.7K +4,555 +12%
FAAS
14
First Allied Advisory Services
California
$552K -$6.66K -500 -1%
RJA
15
Raymond James & Associates
Florida
$519K -$1.2K -90 -0.2%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$516K +$59.2K +4,444 +13%
CIBC Private Wealth Group
17
CIBC Private Wealth Group
Georgia
$510K
BTS
18
BB&T Securities
Virginia
$492K
HCM
19
Hollencrest Capital Management
California
$360K
MIM
20
Macroview Investment Management
Maryland
$359K -$530K -39,761 -60%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$343K +$18.2K +1,366 +6%
EFS
22
Essex Financial Services
Connecticut
$304K
CIM
23
Cetera Investment Management
California
$269K +$266K +19,950 New
SIA
24
Starfire Investment Advisers
Michigan
$264K
CP
25
Camelot Portfolios
Ohio
$142K +$140K +10,500 New

KTF Hedge Fund Activity: Q4 2015 in Review

44 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q4 2015, worth a combined $41.6M — up 5.5% from $39.4M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new KTF positions and 5 closed out — a net gain of 2 holders — while 12 added to existing stakes and 11 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $3.24M. The largest seller was Liberty Street Advisors, exiting entirely with an estimated $1.24M sold.

  • 44 institutional investors held DWS Municipal Income Trust (KTF) as of Q4 2015, up from 42 in Q3 2015.
  • Funds reported $41.6M of DWS Municipal Income Trust stock for Q4 2015, up 5.5% quarter-over-quarter.
  • 7 funds opened new DWS Municipal Income Trust positions in Q4 2015 and 5 closed out, a net change of +2 holders.
  • The largest DWS Municipal Income Trust buyer in Q4 2015 was Morgan Stanley, an estimated $3.24M added.
  • The largest DWS Municipal Income Trust seller in Q4 2015 was Liberty Street Advisors, an estimated $1.24M sold.

Based on aggregated 13F filings for Q4 2015.