BNY Mellon Municipal Bond Infrastructure Fund
DMB
37 hedge funds and large institutions have $49.2M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 7 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
3% more capital invested
Capital invested by funds: $47.9M → $49.2M (+$1.27M)
1.31% less ownership
Funds ownership: 20.11% → 18.81% (-1.3%)
10% less funds holding
Funds holding: 41 → 37 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$718K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$617K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$316K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$312K |
| 5 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$1.31M |
| 2 |
Morgan Stanley
New York
|
-$958K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$889K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$501K |
| 5 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
-$244K |
DMB Hedge Fund Activity: Q3 2019 in Review
37 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q3 2019, worth a combined $49.2M — up 2.7% from $47.9M 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 16 added.
The largest buyer was Raymond James & Associates, adding an estimated $718K. The largest seller was Vivaldi Capital Management, exiting entirely with an estimated $1.31M sold.
- 37 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q3 2019, down from 41 in Q2 2019.
- Funds reported $49.2M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q3 2019, up 2.7% quarter-over-quarter.
- 3 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q3 2019 and 7 closed out, a net change of -4 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q3 2019 was Raymond James & Associates, an estimated $718K added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q3 2019 was Vivaldi Capital Management, an estimated $1.31M sold.
Based on aggregated 13F filings for Q3 2019.