DWS Municipal Income Trust
KTF
65 hedge funds and large institutions have $172M invested in DWS Municipal Income Trust in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 10 closing their positions.
7% more capital invested
Capital invested by funds: $161M → $172M (+$11.7M)
2.63% more ownership
Funds ownership: 46.43% → 49.06% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 66 → 65 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.73M |
| 2 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
+$3.65M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.39M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.14M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$560K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.71M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$729K |
| 3 |
HWM
HB Wealth Management
Atlanta,
Georgia
|
-$663K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$618K |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$503K |
KTF Hedge Fund Activity: Q3 2025 in Review
65 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2025, worth a combined $172M — up 7.3% from $161M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of KTF and 9 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 15 added.
The largest buyer was LPL Financial, adding an estimated $3.73M. The largest seller was Bulldog Investors, cutting an estimated $1.71M.
- 65 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2025, down from 66 in Q2 2025.
- Funds reported $172M of DWS Municipal Income Trust stock for Q3 2025, up 7.3% quarter-over-quarter.
- 9 funds opened new DWS Municipal Income Trust positions in Q3 2025 and 10 closed out, a net change of -1 holder.
- The largest DWS Municipal Income Trust buyer in Q3 2025 was LPL Financial, an estimated $3.73M added.
- The largest DWS Municipal Income Trust seller in Q3 2025 was Bulldog Investors, an estimated $1.71M sold.
Based on aggregated 13F filings for Q3 2025.