DWS Municipal Income Trust
KTF
46 hedge funds and large institutions have $46.8M invested in DWS Municipal Income Trust in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 22 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.8% less ownership
Funds ownership: 12.68% → 10.88% (-1.8%)
26% less funds holding
Funds holding: 62 → 46 (-16)
63% less capital inflows, than outflows
Capital inflows: $4.73M | Capital outflows: $12.7M
73% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1607 Capital Partners
Richmond,
Virginia
|
+$1.29M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.23M |
| 3 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$507K |
| 4 |
USCA RIA
Houston,
Texas
|
+$331K |
| 5 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$218K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$3.26M |
| 2 |
Wolverine Asset Management
Chicago,
Illinois
|
-$2.18M |
| 3 |
Krilogy Financial
St. Louis,
Missouri
|
-$1.59M |
| 4 |
Mackay Shields LLC
New York
|
-$1.39M |
| 5 |
Landscape Capital Management
Englewood,
New Jersey
|
-$848K |
KTF Hedge Fund Activity: Q2 2018 in Review
46 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q2 2018, worth a combined $46.8M — down 16% from $55.4M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of KTF and 6 opened new positions — a net loss of 16 holders — while 10 trimmed existing stakes and 18 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.29M. The largest seller was Nuveen, exiting entirely with an estimated $3.26M sold.
- 46 institutional investors held DWS Municipal Income Trust (KTF) as of Q2 2018, down from 62 in Q1 2018.
- Funds reported $46.8M of DWS Municipal Income Trust stock for Q2 2018, down 16% quarter-over-quarter.
- 6 funds opened new DWS Municipal Income Trust positions in Q2 2018 and 22 closed out, a net change of -16 holders.
- The largest DWS Municipal Income Trust buyer in Q2 2018 was 1607 Capital Partners, an estimated $1.29M added.
- The largest DWS Municipal Income Trust seller in Q2 2018 was Nuveen, an estimated $3.26M sold.
Based on aggregated 13F filings for Q2 2018.