BNY Mellon Municipal Bond Infrastructure Fund
DMB
57 hedge funds and large institutions have $63.9M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
40% more capital invested
Capital invested by funds: $45.7M → $63.9M (+$18.1M)
8.88% more ownership
Funds ownership: 23.92% → 32.8% (+8.9%)
8% more funds holding
Funds holding: 53 → 57 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$9.41M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$5.33M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.71M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$1.22M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$595K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.22M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$726K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$207K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$180K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$157K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
51
Concourse Financial Group Securities
Birmingham,
Alabama
| $66.3K | – | – | – |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $50.2K | – | – | – |
|
|
HCM
53
Hollencrest Capital Management
Newport Beach,
California
| $40.2K | – | – | – |
|
|
BFEC
54
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $32K | – | – | – |
|
|
AWM
55
Avior Wealth Management
Omaha,
Nebraska
| $30.4K | +$29.4K | +2,871 | New |
|
|
BWL
56
Bogart Wealth LLC
Mclean,
Virginia
| $10.6K | – | – | – |
|
|
BAM
57
Byrne Asset Management
Kingston,
New Jersey
| $5.26K | – | – | – |
|
|
58
Invesco
Atlanta,
Georgia
| – | -$207K | -19,958 | Closed |
|
|
59
Citadel Advisors
Miami,
Florida
| – | -$157K | -15,107 | Closed |
|
|
AFP
60
Ausdal Financial Partners
Davenport,
Iowa
| – | -$138K | -13,274 | Closed |
|
|
NL
61
NVWM LLC
Yardley,
Pennsylvania
| – | -$31.3K | -3,000 | Closed |
|
|
PFBT
62
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$13.6K | -1,306 | Closed |
|
|
FIA
63
FNY Investment Advisers
New York
| – | -$4 | -400 | Closed |
|
DMB Hedge Fund Activity: Q2 2024 in Review
57 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q2 2024, worth a combined $63.9M — up 40% from $45.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DMB positions and 6 closed out — a net gain of 4 holders — while 15 added to existing stakes and 22 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $9.41M. The largest seller was Logan Stone Capital, cutting an estimated $1.22M.
- 57 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q2 2024, up from 53 in Q1 2024.
- Funds reported $63.9M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q2 2024, up 40% quarter-over-quarter.
- 10 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q2 2024 and 6 closed out, a net change of +4 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q2 2024 was Saba Capital Management, an estimated $9.41M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q2 2024 was Logan Stone Capital, an estimated $1.22M sold.
Based on aggregated 13F filings for Q2 2024.