BNY Mellon Municipal Bond Infrastructure Fund
DMB
24 hedge funds and large institutions have $32.9M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
4% more funds holding
Funds holding: 23 → 24 (+1)
0.91% less ownership
Funds ownership: 13.66% → 12.75% (-0.91%)
8% less capital invested
Capital invested by funds: $35.7M → $32.9M (-$2.85M)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$414K |
| 2 |
LCM
Laurion Capital Management
New York
|
+$251K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$226K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$216K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.26M |
| 2 |
Morgan Stanley
New York
|
-$546K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$430K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$113K |
| 5 |
Citigroup
New York
|
-$108K |
DMB Hedge Fund Activity: Q3 2016 in Review
24 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q3 2016, worth a combined $32.9M — down 8% from $35.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DMB positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $414K. The largest seller was Raymond James & Associates, cutting an estimated $2.26M.
- 24 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q3 2016, up from 23 in Q2 2016.
- Funds reported $32.9M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q3 2016, down 8% quarter-over-quarter.
- 4 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q3 2016 and 2 closed out, a net change of +2 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q3 2016 was LPL Financial, an estimated $414K added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q3 2016 was Raymond James & Associates, an estimated $2.26M sold.
Based on aggregated 13F filings for Q3 2016.