DWS Municipal Income Trust
KTF
78 hedge funds and large institutions have $157M invested in DWS Municipal Income Trust in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
11% more capital invested
Capital invested by funds: $142M → $157M (+$15.5M)
5% more funds holding
Funds holding: 74 → 78 (+4)
1.85% more ownership
Funds ownership: 32.36% → 34.21% (+1.9%)
8% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$4.96M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.19M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.1M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.17M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$886K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.11M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$995K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$976K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$639K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$614K |
KTF Hedge Fund Activity: Q4 2020 in Review
78 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q4 2020, worth a combined $157M — up 11% from $142M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new KTF positions and 5 closed out — a net gain of 5 holders — while 23 added to existing stakes and 25 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $4.96M. The largest seller was Nuveen, exiting entirely with an estimated $1.11M sold.
- 78 institutional investors held DWS Municipal Income Trust (KTF) as of Q4 2020, up from 74 in Q3 2020.
- Funds reported $157M of DWS Municipal Income Trust stock for Q4 2020, up 11% quarter-over-quarter.
- 10 funds opened new DWS Municipal Income Trust positions in Q4 2020 and 5 closed out, a net change of +5 holders.
- The largest DWS Municipal Income Trust buyer in Q4 2020 was Robinson Capital Management, an estimated $4.96M added.
- The largest DWS Municipal Income Trust seller in Q4 2020 was Nuveen, an estimated $1.11M sold.
Based on aggregated 13F filings for Q4 2020.