BNY Mellon Municipal Bond Infrastructure Fund
DMB
53 hedge funds and large institutions have $33.9M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 9 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
0.47% less ownership
Funds ownership: 19.02% → 18.55% (-0.47%)
9% less funds holding
Funds holding: 58 → 53 (-5)
10% less capital invested
Capital invested by funds: $37.7M → $33.9M (-$3.84M)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.28M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$547K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$405K |
| 4 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
+$217K |
| 5 |
VanEck Associates
New York
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.9M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$667K |
| 3 |
Morgan Stanley
New York
|
-$541K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$503K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$357K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| $7.44K | -$8.06K | -750 | -50% |
|
|
BAM
52
Byrne Asset Management
Kingston,
New Jersey
| $5K | – | – | – |
|
|
FIA
53
FNY Investment Advisers
New York
| $3K | – | – | – |
|
|
WAM
54
Wolverine Asset Management
Chicago,
Illinois
| – | -$667K | -61,895 | Closed |
|
|
ACA
55
Ackerman Capital Advisors
Dallas,
Texas
| – | -$357K | -33,146 | Closed |
|
|
LCM
56
Landscape Capital Management
Englewood,
New Jersey
| – | -$202K | -18,792 | Closed |
|
|
STA
57
Summit Trail Advisors
New York
| – | -$115K | -10,611 | Closed |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$52.3K | -4,855 | Closed |
|
|
TWM
59
Tradition Wealth Management
Edina,
Minnesota
| – | -$16K | -1,481 | Closed |
|
60
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$9K | -800 | Closed |
|
|
EC
61
Elequin Capital
New York
| – | -$1.4K | -130 | Closed |
|
|
MA
62
Montag & Associates
Atlanta,
Georgia
| – | -$1.1K | -102 | Closed |
|
DMB Hedge Fund Activity: Q3 2023 in Review
53 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q3 2023, worth a combined $33.9M — down 10% from $37.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DMB and 4 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 20 added.
The largest buyer was Hennion & Walsh Asset Management, opening a new position worth an estimated $2.28M. The largest seller was Raymond James & Associates, cutting an estimated $1.9M.
- 53 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q3 2023, down from 58 in Q2 2023.
- Funds reported $33.9M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q3 2023, down 10% quarter-over-quarter.
- 4 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q3 2023 and 9 closed out, a net change of -5 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q3 2023 was Hennion & Walsh Asset Management, an estimated $2.28M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q3 2023 was Raymond James & Associates, an estimated $1.9M sold.
Based on aggregated 13F filings for Q3 2023.