DWS Municipal Income Trust
KTF
63 hedge funds and large institutions have $51.4M invested in DWS Municipal Income Trust in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 5 closing their positions.
340% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 5
37% more funds holding
Funds holding: 46 → 63 (+17)
28% more capital invested
Capital invested by funds: $40.2M → $51.4M (+$11.2M)
2.95% more ownership
Funds ownership: 8.14% → 11.09% (+3%)
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$4.69M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$3.43M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.43M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.63M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.81M |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$766K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$527K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$199K |
KTF Hedge Fund Activity: Q4 2017 in Review
63 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q4 2017, worth a combined $51.4M — up 28% from $40.2M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new KTF positions and 5 closed out — a net gain of 17 holders — while 16 added to existing stakes and 19 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $4.69M. The largest seller was UBS Group, cutting an estimated $2.63M.
- 63 institutional investors held DWS Municipal Income Trust (KTF) as of Q4 2017, up from 46 in Q3 2017.
- Funds reported $51.4M of DWS Municipal Income Trust stock for Q4 2017, up 28% quarter-over-quarter.
- 22 funds opened new DWS Municipal Income Trust positions in Q4 2017 and 5 closed out, a net change of +17 holders.
- The largest DWS Municipal Income Trust buyer in Q4 2017 was Mariner Investment Group, an estimated $4.69M added.
- The largest DWS Municipal Income Trust seller in Q4 2017 was UBS Group, an estimated $2.63M sold.
Based on aggregated 13F filings for Q4 2017.