BNY Mellon Municipal Bond Infrastructure Fund
DMB
25 hedge funds and large institutions have $19.7M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
269% more capital invested
Capital invested by funds: $5.34M → $19.7M (+$14.4M)
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
92% more funds holding
Funds holding: 13 → 25 (+12)
8.23% more ownership
Funds ownership: 3.02% → 11.26% (+8.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.77M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.18M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$2.13M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$826K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$578K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$188K |
| 2 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
-$118K |
| 3 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
-$21K |
| 4 |
Citigroup
New York
|
-$6.66K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Nomura Holdings
Tokyo,
Japan
| – | -$4K | -400 | Closed |
|
27
Wells Fargo
San Francisco,
California
| – | +$10 | +1 | New |
|
DMB Hedge Fund Activity: Q4 2013 in Review
25 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q4 2013, worth a combined $19.7M — up 269% from $5.34M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DMB positions and 2 closed out — a net gain of 12 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.77M. The largest seller was Ladenburg Thalmann Financial Services, cutting an estimated $188K.
- 25 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q4 2013, up from 13 in Q3 2013.
- Funds reported $19.7M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q4 2013, up 269% quarter-over-quarter.
- 14 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q4 2013 and 2 closed out, a net change of +12 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q4 2013 was Morgan Stanley, an estimated $4.77M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q4 2013 was Ladenburg Thalmann Financial Services, an estimated $188K sold.
Based on aggregated 13F filings for Q4 2013.