BNY Mellon Municipal Bond Infrastructure Fund
DMB
25 hedge funds and large institutions have $29.2M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
4% more funds holding
Funds holding: 24 → 25 (+1)
3% more capital invested
Capital invested by funds: $28.2M → $29.2M (+$985K)
0.01% more ownership
Funds ownership: 13.04% → 13.05% (+0.01%)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.17M |
| 2 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$745K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$479K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$467K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.57M |
| 2 |
Morgan Stanley
New York
|
-$879K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$512K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$290K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$286K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$290K | -24,598 | Closed |
|
|
KIM
27
Karpus Investment Management
Pittsford,
New York
| – | -$286K | -24,335 | Closed |
|
|
TJHA
28
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$104K | -8,801 | Closed |
|
29
Ameriprise
Minneapolis,
Minnesota
| – | -$100K | -8,460 | Closed |
|
DMB Hedge Fund Activity: Q4 2014 in Review
25 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q4 2014, worth a combined $29.2M — up 3.5% from $28.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DMB positions and 4 closed out — a net gain of 2 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.17M. The largest seller was Wolverine Asset Management, cutting an estimated $1.57M.
- 25 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q4 2014, up from 24 in Q3 2014.
- Funds reported $29.2M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q4 2014, up 3.5% quarter-over-quarter.
- 6 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q4 2014 and 4 closed out, a net change of +2 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q4 2014 was Advisors Asset Management, an estimated $1.17M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q4 2014 was Wolverine Asset Management, an estimated $1.57M sold.
Based on aggregated 13F filings for Q4 2014.