BNY Mellon Municipal Bond Infrastructure Fund
DMB
55 hedge funds and large institutions have $40M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 21 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
18% more capital invested
Capital invested by funds: $33.9M → $40M (+$6.05M)
4% more funds holding
Funds holding: 53 → 55 (+2)
2.5% more ownership
Funds ownership: 18.55% → 21.05% (+2.5%)
48% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.29M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.39M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.64M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.37M |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$5.37M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.21M |
| 3 |
LPL Financial
San Diego,
California
|
-$446K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$398K |
| 5 |
PWS
Private Wealth Strategies
New Albany,
Ohio
|
-$364K |
DMB Hedge Fund Activity: Q4 2023 in Review
55 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q4 2023, worth a combined $40M — up 18% from $33.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DMB positions and 11 closed out — a net gain of 2 holders — while 11 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.29M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $5.37M sold.
- 55 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q4 2023, up from 53 in Q3 2023.
- Funds reported $40M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q4 2023, up 18% quarter-over-quarter.
- 13 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q4 2023 and 11 closed out, a net change of +2 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q4 2023 was Morgan Stanley, an estimated $3.29M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q4 2023 was Fiera Capital (Canada), an estimated $5.37M sold.
Based on aggregated 13F filings for Q4 2023.