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KTF

DWS Municipal Income Trust

80 hedge funds and large institutions have $161M invested in DWS Municipal Income Trust in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 32 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

8% more capital invested

Capital invested by funds: $150M → $161M (+$11.7M)

2.04% more ownership

Funds ownership: 43.97%46.01% (+2%)

0% more funds holding

Funds holding: 8080 (0)

28% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 32

Holders
80
Holders Change
Holders Change %
0%
% of All Funds
1.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
23
Reduced
32
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$36.3M +$4.23M +480,645 +13%
KIM
2
Karpus Investment Management
New York
$23.3M +$401K +45,510 +2%
1CP
3
1607 Capital Partners
Virginia
$21.5M -$1.13M -127,977 -5%
Morgan Stanley
4
Morgan Stanley
New York
$17M +$595K +67,595 +4%
HWAM
5
Hennion & Walsh Asset Management
New Jersey
$7.05M -$98.3K -11,172 -1%
Fiera Capital (Canada)
6
Fiera Capital (Canada)
Quebec, Canada
$5.06M -$261K -29,627 -5%
SCM
7
Saba Capital Management
New York
$3.84M +$1.32M +150,225 +53%
RCM
8
Robinson Capital Management
Michigan
$3.62M +$609K +69,169 +20%
CIA
9
Capital Investment Advisors
Georgia
$3.49M +$140K +15,935 +4%
VCM
10
Vivaldi Capital Management
Illinois
$3.46M -$307K -34,891 -8%
LSC
11
Logan Stone Capital
Illinois
$2.88M +$921K +104,701 +48%
Wells Fargo
12
Wells Fargo
California
$2.71M -$51.2K -5,819 -2%
VanEck Associates
13
VanEck Associates
New York
$2.63M +$407K +46,274 +19%
GC
14
Guggenheim Capital
Illinois
$2.46M -$693K -78,700 -22%
Rockefeller Capital Management
15
Rockefeller Capital Management
New York
$1.98M +$1.25M +142,458 +179%
Bank of America
16
Bank of America
North Carolina
$1.88M +$4.58K +521 +0.2%
MSL
17
Mackay Shields LLC
New York
$1.6M
MWM
18
Melfa Wealth Management
Massachusetts
$1.34M -$7.31K -831 -0.6%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$1.22M -$114K -12,954 -9%
COLIM
20
City of London Investment Management
United Kingdom
$1.16M -$483K -54,934 -30%
UBS Group
21
UBS Group
Switzerland
$1.15M -$219K -24,889 -16%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$1.12M -$2.77K -315 -0.3%
Allspring Global Investments
23
Allspring Global Investments
North Carolina
$986K +$220K +25,000 +29%
DFG
24
Delphi Financial Group
Delaware
$930K
PAS
25
Park Avenue Securities
New York
$906K -$43.4K -4,927 -5%

KTF Hedge Fund Activity: Q1 2023 in Review

80 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q1 2023, worth a combined $161M — up 7.8% from $150M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new KTF positions and 7 closed out — a net gain of 1 holder — while 23 added to existing stakes and 32 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $4.23M. The largest seller was 1607 Capital Partners, cutting an estimated $1.13M.

  • 80 institutional investors held DWS Municipal Income Trust (KTF) as of Q1 2023, unchanged from Q4 2022.
  • Funds reported $161M of DWS Municipal Income Trust stock for Q1 2023, up 7.8% quarter-over-quarter.
  • 8 funds opened new DWS Municipal Income Trust positions in Q1 2023 and 7 closed out, a net change of +1 holder.
  • The largest DWS Municipal Income Trust buyer in Q1 2023 was Sit Investment Associates, an estimated $4.23M added.
  • The largest DWS Municipal Income Trust seller in Q1 2023 was 1607 Capital Partners, an estimated $1.13M sold.

Based on aggregated 13F filings for Q1 2023.