BNY Mellon Municipal Bond Infrastructure Fund
DMB
21 hedge funds and large institutions have $30.4M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 6 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
4% more capital invested
Capital invested by funds: $29.2M → $30.4M (+$1.2M)
0.11% less ownership
Funds ownership: 13.05% → 12.94% (-0.11%)
16% less funds holding
Funds holding: 25 → 21 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.07M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.08M |
| 3 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$816K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$508K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$442K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.76M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.79M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$791K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$639K |
| 5 |
LCM
Laurion Capital Management
New York
|
-$469K |
DMB Hedge Fund Activity: Q1 2015 in Review
21 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q1 2015, worth a combined $30.4M — up 4.1% from $29.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DMB and 2 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Bank of America, adding an estimated $3.07M. The largest seller was Morgan Stanley, cutting an estimated $2.76M.
- 21 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q1 2015, down from 25 in Q4 2014.
- Funds reported $30.4M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q1 2015, up 4.1% quarter-over-quarter.
- 2 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q1 2015 and 6 closed out, a net change of -4 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q1 2015 was Bank of America, an estimated $3.07M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q1 2015 was Morgan Stanley, an estimated $2.76M sold.
Based on aggregated 13F filings for Q1 2015.