BNY Mellon Municipal Bond Infrastructure Fund
DMB
23 hedge funds and large institutions have $35.7M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 3 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.23% less ownership
Funds ownership: 15.89% → 13.66% (-2.2%)
7% less capital invested
Capital invested by funds: $38.5M → $35.7M (-$2.75M)
8% less funds holding
Funds holding: 25 → 23 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.81M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$970K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$211K |
| 4 |
VanEck Associates
New York
|
+$99.3K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$81.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.56M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.42M |
| 3 |
Morgan Stanley
New York
|
-$1.37M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.15M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$102K |
DMB Hedge Fund Activity: Q2 2016 in Review
23 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q2 2016, worth a combined $35.7M — down 7.1% from $38.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DMB and 1 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $1.81M. The largest seller was LPL Financial, exiting entirely with an estimated $3.56M sold.
- 23 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q2 2016, down from 25 in Q1 2016.
- Funds reported $35.7M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q2 2016, down 7.1% quarter-over-quarter.
- 1 fund opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q2 2016 and 3 closed out, a net change of -2 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q2 2016 was Raymond James Financial Services Advisors, an estimated $1.81M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q2 2016 was LPL Financial, an estimated $3.56M sold.
Based on aggregated 13F filings for Q2 2016.