DWS Municipal Income Trust
KTF
46 hedge funds and large institutions have $40.2M invested in DWS Municipal Income Trust in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
9% more capital invested
Capital invested by funds: $36.8M → $40.2M (+$3.42M)
2% more funds holding
Funds holding: 45 → 46 (+1)
1.16% more ownership
Funds ownership: 6.98% → 8.14% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$4.09M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.29M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.18M |
| 4 |
KF
Krilogy Financial
St. Louis,
Missouri
|
+$1.23M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$917K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.21M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$826K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$579K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$334K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$223K |
KTF Hedge Fund Activity: Q3 2017 in Review
46 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2017, worth a combined $40.2M — up 9.3% from $36.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new KTF positions and 5 closed out — a net gain of 1 holder — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $4.09M. The largest seller was Morgan Stanley, cutting an estimated $4.21M.
- 46 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2017, up from 45 in Q2 2017.
- Funds reported $40.2M of DWS Municipal Income Trust stock for Q3 2017, up 9.3% quarter-over-quarter.
- 6 funds opened new DWS Municipal Income Trust positions in Q3 2017 and 5 closed out, a net change of +1 holder.
- The largest DWS Municipal Income Trust buyer in Q3 2017 was Laurion Capital Management, an estimated $4.09M added.
- The largest DWS Municipal Income Trust seller in Q3 2017 was Morgan Stanley, an estimated $4.21M sold.
Based on aggregated 13F filings for Q3 2017.