BNY Mellon Municipal Bond Infrastructure Fund
DMB
28 hedge funds and large institutions have $26M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 0 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
17% more funds holding
Funds holding: 24 → 28 (+4)
15% more capital invested
Capital invested by funds: $22.5M → $26M (+$3.48M)
0.12% more ownership
Funds ownership: 11.82% → 11.94% (+0.12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.09M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$604K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$493K |
| 4 |
Morgan Stanley
New York
|
+$385K |
| 5 |
MTIM
Marathon Trading Investment Management
Radnor,
Pennsylvania
|
+$352K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.58M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$292K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$220K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$21.1K |
| 5 |
Citigroup
New York
|
-$11.7K |
DMB Hedge Fund Activity: Q2 2014 in Review
28 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q2 2014, worth a combined $26M — up 15% from $22.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DMB positions and 0 closed out — a net gain of 4 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.09M. The largest seller was Mariner Investment Group, cutting an estimated $1.58M.
- 28 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q2 2014, up from 24 in Q1 2014.
- Funds reported $26M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q2 2014, up 15% quarter-over-quarter.
- 4 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q2 2014 and 0 closed out, a net change of +4 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q2 2014 was Rivernorth Capital Management, an estimated $1.09M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q2 2014 was Mariner Investment Group, an estimated $1.58M sold.
Based on aggregated 13F filings for Q2 2014.