BNY Mellon Municipal Bond Infrastructure Fund
DMB
48 hedge funds and large institutions have $40.8M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
12% more funds holding
Funds holding: 43 → 48 (+5)
0.57% more ownership
Funds ownership: 17.48% → 18.04% (+0.57%)
13% less capital invested
Capital invested by funds: $46.9M → $40.8M (-$6.09M)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.52M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$820K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$739K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$517K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$488K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.91M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$607K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$509K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$425K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$343K |
DMB Hedge Fund Activity: Q1 2020 in Review
48 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q1 2020, worth a combined $40.8M — down 13% from $46.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new DMB positions and 5 closed out — a net gain of 7 holders — while 10 added to existing stakes and 16 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.52M. The largest seller was Parametric Portfolio Associates, cutting an estimated $1.91M.
- 48 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q1 2020, up from 43 in Q4 2019.
- Funds reported $40.8M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q1 2020, down 13% quarter-over-quarter.
- 12 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q1 2020 and 5 closed out, a net change of +7 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q1 2020 was Robinson Capital Management, an estimated $1.52M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q1 2020 was Parametric Portfolio Associates, an estimated $1.91M sold.
Based on aggregated 13F filings for Q1 2020.