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KTF

DWS Municipal Income Trust

68 hedge funds and large institutions have $61.4M invested in DWS Municipal Income Trust in 2018 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

244% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 9

91% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 11

48% more funds holding

Funds holding: 4668 (+22)

31% more capital invested

Capital invested by funds: $46.8M → $61.4M (+$14.6M)

3.93% more ownership

Funds ownership: 10.88%14.81% (+3.9%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
68
Holders Change
+22
Holders Change %
+47.83%
% of All Funds
1.55%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
31
Increased
21
Reduced
11
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Robinson Capital Management
Michigan
$10M +$74.7K +6,877 +0.7%
SIA
2
Sit Investment Associates
Minnesota
$5.06M +$782K +71,965 +18%
Fiera Capital (Canada)
3
Fiera Capital (Canada)
Quebec, Canada
$5.01M +$1.35M +124,286 +35%
1CP
4
1607 Capital Partners
Virginia
$4.71M +$2.21M +203,300 +83%
MIG
5
Mariner Investment Group
New York
$4.14M +$54.3K +5,000 +1%
N
6
Nuveen
North Carolina
$3.06M +$3.17M +291,446 New
UBS Group
7
UBS Group
Switzerland
$2.83M -$266K -24,495 -8%
Bank of America
8
Bank of America
North Carolina
$2.66M +$89.5K +8,237 +3%
Wells Fargo
9
Wells Fargo
California
$1.96M -$30.2K -2,782 -1%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$1.49M -$90.1K -8,292 -6%
VanEck Associates
11
VanEck Associates
New York
$1.45M +$167K +15,376 +13%
RJA
12
Raymond James & Associates
Florida
$1.43M +$1.27M +117,209 +602%
WAM
13
Wakefield Asset Management
Colorado
$1.36M +$1.41M +129,491 New
MSL
14
Mackay Shields LLC
New York
$1.31M +$1.35M +124,496 New
Morgan Stanley
15
Morgan Stanley
New York
$1.24M +$81.7K +7,521 +7%
LCM
16
Landscape Capital Management
New Jersey
$1.21M +$1.26M +115,617 New
CIA
17
Capital Investment Advisors
Georgia
$1.09M -$44K -4,052 -4%
LPL Financial
18
LPL Financial
California
$897K +$102K +9,432 +12%
AG
19
Advisor Group
Arizona
$858K +$33.3K +3,064 +4%
SFWA
20
Summit Financial Wealth Advisors
Louisiana
$734K -$155K -14,234 -16%
UR
21
USCA RIA
Texas
$655K +$24.7K +2,275 +4%
WAM
22
Wolverine Asset Management
Illinois
$632K +$655K +60,248 New
6M
23
6 Meridian
Kansas
$581K +$602K +55,402 New
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$567K +$21.8K +2,006 +4%
FFA
25
First Foundation Advisors
California
$513K +$532K +48,930 New

KTF Hedge Fund Activity: Q3 2018 in Review

68 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2018, worth a combined $61.4M — up 31% from $46.8M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new KTF positions and 9 closed out — a net gain of 22 holders — while 21 added to existing stakes and 11 trimmed.

The largest buyer was Nuveen, opening a new position worth an estimated $3.17M. The largest seller was UBS Group, cutting an estimated $266K.

  • 68 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2018, up from 46 in Q2 2018.
  • Funds reported $61.4M of DWS Municipal Income Trust stock for Q3 2018, up 31% quarter-over-quarter.
  • 31 funds opened new DWS Municipal Income Trust positions in Q3 2018 and 9 closed out, a net change of +22 holders.
  • The largest DWS Municipal Income Trust buyer in Q3 2018 was Nuveen, an estimated $3.17M added.
  • The largest DWS Municipal Income Trust seller in Q3 2018 was UBS Group, an estimated $266K sold.

Based on aggregated 13F filings for Q3 2018.