BNY Mellon Municipal Bond Infrastructure Fund
DMB
27 hedge funds and large institutions have $35.7M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
0.96% less ownership
Funds ownership: 15.78% → 14.82% (-0.96%)
3% less capital invested
Capital invested by funds: $36.7M → $35.7M (-$985K)
13% less funds holding
Funds holding: 31 → 27 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.23M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$921K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$308K |
| 4 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$224K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.95M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.36M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$695K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$529K |
| 5 |
LPL Financial
San Diego,
California
|
-$470K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $68K | +$10.3K | +788 | +18% |
|
|
MA
27
MUFG Americas
New York
| $1K | – | – | – |
|
|
KIM
28
Karpus Investment Management
Pittsford,
New York
| – | -$695K | -54,855 | Closed |
|
|
DA
29
Doliver Advisors
Houston,
Texas
| – | -$529K | -41,734 | Closed |
|
|
30
LPL Financial
San Diego,
California
| – | -$470K | -36,720 | Closed |
|
31
SG Americas Securities
New York
| – | -$128K | -10,088 | Closed |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| – | -$24K | -1,875 | Closed |
|
|
PFO
33
Pathstone Family Office
Englewood,
New Jersey
| – | -$8K | -614 | Closed |
|
|
AAP
34
Arax Advisory Partners
Denver,
Colorado
| – | -$2K | -233 | Closed |
|
DMB Hedge Fund Activity: Q2 2017 in Review
27 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q2 2017, worth a combined $35.7M — down 2.7% from $36.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DMB and 3 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 10 added.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $1.23M. The largest seller was Robinson Capital Management, cutting an estimated $1.95M.
- 27 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q2 2017, down from 31 in Q1 2017.
- Funds reported $35.7M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q2 2017, down 2.7% quarter-over-quarter.
- 3 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q2 2017 and 7 closed out, a net change of -4 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $1.23M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q2 2017 was Robinson Capital Management, an estimated $1.95M sold.
Based on aggregated 13F filings for Q2 2017.