DWS Municipal Income Trust
KTF
67 hedge funds and large institutions have $90.3M invested in DWS Municipal Income Trust in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 27 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
3% more capital invested
Capital invested by funds: $87.6M → $90.3M (+$2.7M)
0.15% more ownership
Funds ownership: 20.12% → 20.27% (+0.15%)
4% less funds holding
Funds holding: 70 → 67 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
33% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.28M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.34M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$853K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$467K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.88M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.14M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$387K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$385K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$359K |
KTF Hedge Fund Activity: Q2 2019 in Review
67 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q2 2019, worth a combined $90.3M — up 3.1% from $87.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of KTF and 5 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 18 added.
The largest buyer was 1607 Capital Partners, adding an estimated $2.28M. The largest seller was Fiera Capital (Canada), cutting an estimated $1.88M.
- 67 institutional investors held DWS Municipal Income Trust (KTF) as of Q2 2019, down from 70 in Q1 2019.
- Funds reported $90.3M of DWS Municipal Income Trust stock for Q2 2019, up 3.1% quarter-over-quarter.
- 5 funds opened new DWS Municipal Income Trust positions in Q2 2019 and 7 closed out, a net change of -2 holders.
- The largest DWS Municipal Income Trust buyer in Q2 2019 was 1607 Capital Partners, an estimated $2.28M added.
- The largest DWS Municipal Income Trust seller in Q2 2019 was Fiera Capital (Canada), an estimated $1.88M sold.
Based on aggregated 13F filings for Q2 2019.