DWS Municipal Income Trust
KTF
45 hedge funds and large institutions have $36.8M invested in DWS Municipal Income Trust in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
7% more funds holding
Funds holding: 42 → 45 (+3)
0.36% less ownership
Funds ownership: 7.33% → 6.98% (-0.36%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
54% less capital inflows, than outflows
Capital inflows: $1.6M | Capital outflows: $3.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisor Group
Phoenix,
Arizona
|
+$479K |
| 2 |
Morgan Stanley
New York
|
+$233K |
| 3 |
Millennium Management
New York
|
+$173K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$138K |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$769K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$572K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$562K |
| 4 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$487K |
| 5 |
Doliver Advisors
Houston,
Texas
|
-$332K |
KTF Hedge Fund Activity: Q2 2017 in Review
45 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q2 2017, worth a combined $36.8M — down 3% from $37.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new KTF positions and 3 closed out — a net gain of 3 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was Advisor Group, adding an estimated $479K. The largest seller was LPL Financial, cutting an estimated $769K.
- 45 institutional investors held DWS Municipal Income Trust (KTF) as of Q2 2017, up from 42 in Q1 2017.
- Funds reported $36.8M of DWS Municipal Income Trust stock for Q2 2017, down 3% quarter-over-quarter.
- 6 funds opened new DWS Municipal Income Trust positions in Q2 2017 and 3 closed out, a net change of +3 holders.
- The largest DWS Municipal Income Trust buyer in Q2 2017 was Advisor Group, an estimated $479K added.
- The largest DWS Municipal Income Trust seller in Q2 2017 was LPL Financial, an estimated $769K sold.
Based on aggregated 13F filings for Q2 2017.