DWS Municipal Income Trust
KTF
62 hedge funds and large institutions have $55.4M invested in DWS Municipal Income Trust in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
8% more capital invested
Capital invested by funds: $51.4M → $55.4M (+$4.06M)
1.59% more ownership
Funds ownership: 11.09% → 12.68% (+1.6%)
2% less funds holding
Funds holding: 63 → 62 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$6.91M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.08M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.77M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.48M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$7.11M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.35M |
| 3 |
SG Americas Securities
New York
|
-$464K |
| 4 |
Squarepoint
New York
|
-$445K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$313K |
KTF Hedge Fund Activity: Q1 2018 in Review
62 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q1 2018, worth a combined $55.4M — up 7.9% from $51.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of KTF and 9 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 21 added.
The largest buyer was Robinson Capital Management, adding an estimated $6.91M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $7.11M sold.
- 62 institutional investors held DWS Municipal Income Trust (KTF) as of Q1 2018, down from 63 in Q4 2017.
- Funds reported $55.4M of DWS Municipal Income Trust stock for Q1 2018, up 7.9% quarter-over-quarter.
- 9 funds opened new DWS Municipal Income Trust positions in Q1 2018 and 10 closed out, a net change of -1 holder.
- The largest DWS Municipal Income Trust buyer in Q1 2018 was Robinson Capital Management, an estimated $6.91M added.
- The largest DWS Municipal Income Trust seller in Q1 2018 was Laurion Capital Management, an estimated $7.11M sold.
Based on aggregated 13F filings for Q1 2018.