DWS Municipal Income Trust
KTF
42 hedge funds and large institutions have $39.6M invested in DWS Municipal Income Trust in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 8 closing their positions.
0.07% less ownership
Funds ownership: 7.77% → 7.7% (-0.07%)
8% less capital invested
Capital invested by funds: $43.1M → $39.6M (-$3.42M)
9% less funds holding
Funds holding: 46 → 42 (-4)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.74M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$897K |
| 3 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$274K |
| 4 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
+$259K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.68M |
| 2 |
VanEck Associates
New York
|
-$392K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$365K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$283K |
| 5 |
CIM
Cetera Investment Management
El Segundo,
California
|
-$281K |
KTF Hedge Fund Activity: Q4 2016 in Review
42 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q4 2016, worth a combined $39.6M — down 7.9% from $43.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of KTF and 4 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was UBS Group, adding an estimated $1.74M. The largest seller was Bank of America, cutting an estimated $1.68M.
- 42 institutional investors held DWS Municipal Income Trust (KTF) as of Q4 2016, down from 46 in Q3 2016.
- Funds reported $39.6M of DWS Municipal Income Trust stock for Q4 2016, down 7.9% quarter-over-quarter.
- 4 funds opened new DWS Municipal Income Trust positions in Q4 2016 and 8 closed out, a net change of -4 holders.
- The largest DWS Municipal Income Trust buyer in Q4 2016 was UBS Group, an estimated $1.74M added.
- The largest DWS Municipal Income Trust seller in Q4 2016 was Bank of America, an estimated $1.68M sold.
Based on aggregated 13F filings for Q4 2016.