BNY Mellon Municipal Bond Infrastructure Fund
DMB
24 hedge funds and large institutions have $22.5M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 3 reducing their positions, and 4 closing their positions.
333% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 3
14% more capital invested
Capital invested by funds: $19.7M → $22.5M (+$2.76M)
0.56% more ownership
Funds ownership: 11.26% → 11.82% (+0.56%)
4% less funds holding
Funds holding: 25 → 24 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.71M |
| 2 |
Morgan Stanley
New York
|
+$759K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$603K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$529K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.19M |
| 2 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$287K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$176K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$128K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$98.4K |
DMB Hedge Fund Activity: Q1 2014 in Review
24 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q1 2014, worth a combined $22.5M — up 14% from $19.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DMB and 3 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 13 added.
The largest buyer was Raymond James & Associates, adding an estimated $1.71M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $3.19M sold.
- 24 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q1 2014, down from 25 in Q4 2013.
- Funds reported $22.5M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q1 2014, up 14% quarter-over-quarter.
- 3 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q1 2014 and 4 closed out, a net change of -1 holder.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q1 2014 was Raymond James & Associates, an estimated $1.71M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q1 2014 was Sit Investment Associates, an estimated $3.19M sold.
Based on aggregated 13F filings for Q1 2014.