BNY Mellon Municipal Bond Infrastructure Fund
DMB
41 hedge funds and large institutions have $47.9M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more funds holding
Funds holding: 41 → 41 (0)
3.78% less ownership
Funds ownership: 23.89% → 20.11% (-3.8%)
16% less capital invested
Capital invested by funds: $56.9M → $47.9M (-$9M)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPIA
Cornell Pochily Investment Advisors
Ithaca,
New York
|
+$1.36M |
| 2 |
NL
NVWM LLC
Yardley,
Pennsylvania
|
+$276K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$226K |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$202K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$5.02M |
| 2 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$1.69M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$961K |
| 4 |
BS
Boenning & Scattergood
West Conshohocken,
Pennsylvania
|
-$928K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$731K |
DMB Hedge Fund Activity: Q2 2019 in Review
41 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q2 2019, worth a combined $47.9M — down 16% from $56.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DMB positions and 6 closed out — a net gain of 1 holder — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Cornell Pochily Investment Advisors, opening a new position worth an estimated $1.36M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $5.02M sold.
- 41 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $47.9M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q2 2019, down 16% quarter-over-quarter.
- 7 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q2 2019 and 6 closed out, a net change of +1 holder.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q2 2019 was Cornell Pochily Investment Advisors, an estimated $1.36M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q2 2019 was Robinson Capital Management, an estimated $5.02M sold.
Based on aggregated 13F filings for Q2 2019.