DWS Municipal Income Trust
KTF
76 hedge funds and large institutions have $102M invested in DWS Municipal Income Trust in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 17 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
71% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 17
13% more funds holding
Funds holding: 67 → 76 (+9)
13% more capital invested
Capital invested by funds: $90.3M → $102M (+$11.5M)
1.97% more ownership
Funds ownership: 20.27% → 22.25% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.05M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.84M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.5M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.24M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$1.51M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$771K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$705K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$478K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$478K |
KTF Hedge Fund Activity: Q3 2019 in Review
76 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2019, worth a combined $102M — up 13% from $90.3M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new KTF positions and 5 closed out — a net gain of 9 holders — while 29 added to existing stakes and 17 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $2.05M. The largest seller was Nuveen, cutting an estimated $1.51M.
- 76 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2019, up from 67 in Q2 2019.
- Funds reported $102M of DWS Municipal Income Trust stock for Q3 2019, up 13% quarter-over-quarter.
- 14 funds opened new DWS Municipal Income Trust positions in Q3 2019 and 5 closed out, a net change of +9 holders.
- The largest DWS Municipal Income Trust buyer in Q3 2019 was Guggenheim Capital, an estimated $2.05M added.
- The largest DWS Municipal Income Trust seller in Q3 2019 was Nuveen, an estimated $1.51M sold.
Based on aggregated 13F filings for Q3 2019.