BNY Mellon Municipal Bond Infrastructure Fund
DMB
60 hedge funds and large institutions have $37.1M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 8 increasing their positions, 22 reducing their positions, and 5 closing their positions.
300% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 5
33% more funds holding
Funds holding: 45 → 60 (+15)
15% more capital invested
Capital invested by funds: $32.4M → $37.1M (+$4.73M)
3.75% more ownership
Funds ownership: 15.38% → 19.13% (+3.8%)
64% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$5.25M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.58M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.3M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$688K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$598K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.24M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$974K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$731K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$582K |
| 5 |
LPL Financial
San Diego,
California
|
-$382K |
DMB Hedge Fund Activity: Q4 2022 in Review
60 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q4 2022, worth a combined $37.1M — up 15% from $32.4M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new DMB positions and 5 closed out — a net gain of 15 holders — while 8 added to existing stakes and 22 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $5.25M. The largest seller was Ameriprise, cutting an estimated $1.24M.
- 60 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q4 2022, up from 45 in Q3 2022.
- Funds reported $37.1M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q4 2022, up 15% quarter-over-quarter.
- 20 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q4 2022 and 5 closed out, a net change of +15 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q4 2022 was Fiera Capital (Canada), an estimated $5.25M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q4 2022 was Ameriprise, an estimated $1.24M sold.
Based on aggregated 13F filings for Q4 2022.