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DMB

BNY Mellon Municipal Bond Infrastructure Fund

25 hedge funds and large institutions have $19.7M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 2

269% more capital invested

Capital invested by funds: $5.34M → $19.7M (+$14.4M)

133% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 3

92% more funds holding

Funds holding: 1325 (+12)

8.23% more ownership

Funds ownership: 3.02%11.26% (+8.2%)

Holders
25
Holders Change
+12
Holders Change %
+92.31%
% of All Funds
0.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
7
Reduced
3
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$7.75M +$4.77M +462,165 +161%
SIA
2
Sit Investment Associates
Minnesota
$3.19M +$3.18M +308,300 New
MIG
3
Mariner Investment Group
New York
$2.14M +$2.13M +206,630 New
FAAS
4
First Allied Advisory Services
California
$1.06M +$114K +11,000 +12%
RCM
5
Rivernorth Capital Management
Florida
$828K +$826K +79,979 New
FIMG
6
Financial & Investment Management Group
Michigan
$580K +$578K +56,000 New
TCM
7
Tradewinds Capital Management
Washington
$548K +$546K +52,905 New
U
8
UBS
Switzerland
$487K +$368K +35,644 +311%
WAM
9
Wolverine Asset Management
Illinois
$410K +$410K +39,691 New
Bank of America
10
Bank of America
North Carolina
$374K +$266K +25,789 +250%
RJA
11
Raymond James & Associates
Florida
$323K +$322K +31,160 New
ICAS
12
Investors Capital Advisory Services
Massachusetts
$301K -$118K -11,440 -28%
MFS
13
MSI Financial Services
Massachusetts
$287K +$286K +27,742 New
LPL Financial
14
LPL Financial
California
$273K +$273K +26,410 New
KIM
15
Karpus Investment Management
New York
$252K +$251K +24,335 New
Citigroup
16
Citigroup
New York
$195K -$6.66K -645 -3%
VKH
17
Virtu KCG Holdings
New York
$176K +$175K +16,969 New
PPA
18
Parametric Portfolio Associates
Washington
$149K +$149K +14,420 New
VanEck Associates
19
VanEck Associates
New York
$139K +$9.27K +898 +7%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$138K
TJHA
21
Thomas J. Herzfeld Advisors
Florida
$66K +$26.8K +2,600 +68%
DADC
22
D.A. Davidson & Co
Montana
$46K +$46.5K +4,500 New
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$21K -$188K -18,225 -90%
TRCT
24
Tower Research Capital (TRC)
New York
$12K +$8.26K +800 +200%
PFO
25
Pathstone Family Office
New Jersey
-$21K -2,000 Closed

DMB Hedge Fund Activity: Q4 2013 in Review

25 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q4 2013, worth a combined $19.7M — up 269% from $5.34M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new DMB positions and 2 closed out — a net gain of 12 holders — while 7 added to existing stakes and 3 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $4.77M. The largest seller was Ladenburg Thalmann Financial Services, cutting an estimated $188K.

  • 25 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q4 2013, up from 13 in Q3 2013.
  • Funds reported $19.7M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q4 2013, up 269% quarter-over-quarter.
  • 14 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q4 2013 and 2 closed out, a net change of +12 holders.
  • The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q4 2013 was Morgan Stanley, an estimated $4.77M added.
  • The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q4 2013 was Ladenburg Thalmann Financial Services, an estimated $188K sold.

Based on aggregated 13F filings for Q4 2013.