DWS Municipal Income Trust
KTF
42 hedge funds and large institutions have $45M invested in DWS Municipal Income Trust in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
0.35% less ownership
Funds ownership: 8.54% → 8.19% (-0.35%)
1% less capital invested
Capital invested by funds: $45.3M → $45M (-$300K)
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 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$336K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$310K |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$264K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$256K |
| 5 |
VanEck Associates
New York
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.49M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$277K |
| 3 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
-$264K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$250K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$142K |
KTF Hedge Fund Activity: Q1 2016 in Review
42 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q1 2016, worth a combined $45M — down 0.66% from $45.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of KTF and 3 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was Investment Centers of America, opening a new position worth an estimated $336K. The largest seller was Sit Investment Associates, cutting an estimated $2.49M.
- 42 institutional investors held DWS Municipal Income Trust (KTF) as of Q1 2016, down from 44 in Q4 2015.
- Funds reported $45M of DWS Municipal Income Trust stock for Q1 2016, down 0.66% quarter-over-quarter.
- 3 funds opened new DWS Municipal Income Trust positions in Q1 2016 and 5 closed out, a net change of -2 holders.
- The largest DWS Municipal Income Trust buyer in Q1 2016 was Investment Centers of America, an estimated $336K added.
- The largest DWS Municipal Income Trust seller in Q1 2016 was Sit Investment Associates, an estimated $2.49M sold.
Based on aggregated 13F filings for Q1 2016.