BNY Mellon Municipal Bond Infrastructure Fund
DMB
53 hedge funds and large institutions have $45.7M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 22 increasing their positions, 13 reducing their positions, and 5 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 13
14% more capital invested
Capital invested by funds: $40M → $45.7M (+$5.79M)
2.87% more ownership
Funds ownership: 21.05% → 23.92% (+2.9%)
4% less funds holding
Funds holding: 55 → 53 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$3.67M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.22M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.11M |
| 4 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
+$1.23M |
| 5 |
LPL Financial
San Diego,
California
|
+$909K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.32M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.08M |
| 3 |
EC
Elequin Capital
New York
|
-$360K |
| 4 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
-$208K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$193K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWL
51
Bogart Wealth LLC
Mclean,
Virginia
| $10.4K | – | – | – |
|
|
BAM
52
Byrne Asset Management
Kingston,
New Jersey
| $5.2K | – | – | – |
|
|
FIA
53
FNY Investment Advisers
New York
| $4 | – | – | – |
|
|
EC
54
Elequin Capital
New York
| – | -$360K | -34,959 | Closed |
|
|
IFWM
55
Institute for Wealth Management
Denver,
Colorado
| – | -$208K | -20,168 | Closed |
|
|
DWM
56
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$122K | -11,829 | Closed |
|
57
Walleye Capital
New York
| – | -$115K | -11,149 | Closed |
|
58
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$113K | -10,913 | Closed |
|
DMB Hedge Fund Activity: Q1 2024 in Review
53 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q1 2024, worth a combined $45.7M — up 14% from $40M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DMB and 4 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 22 added.
The largest buyer was Logan Stone Capital, adding an estimated $3.67M. The largest seller was Morgan Stanley, cutting an estimated $4.32M.
- 53 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q1 2024, down from 55 in Q4 2023.
- Funds reported $45.7M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q1 2024, up 14% quarter-over-quarter.
- 4 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q1 2024 and 5 closed out, a net change of -1 holder.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q1 2024 was Logan Stone Capital, an estimated $3.67M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q1 2024 was Morgan Stanley, an estimated $4.32M sold.
Based on aggregated 13F filings for Q1 2024.