BNY Mellon Municipal Bond Infrastructure Fund
DMB
33 hedge funds and large institutions have $34.9M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
38% more funds holding
Funds holding: 24 → 33 (+9)
6% more capital invested
Capital invested by funds: $32.9M → $34.9M (+$2.07M)
2.79% more ownership
Funds ownership: 12.75% → 15.53% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.55M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$1.27M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$927K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$615K |
| 5 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$577K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$789K |
| 2 |
VanEck Associates
New York
|
-$212K |
| 3 |
LPL Financial
San Diego,
California
|
-$164K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$156K |
| 5 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$146K |
DMB Hedge Fund Activity: Q4 2016 in Review
33 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q4 2016, worth a combined $34.9M — up 6.3% from $32.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DMB positions and 1 closed out — a net gain of 9 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $2.55M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $789K.
- 33 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q4 2016, up from 24 in Q3 2016.
- Funds reported $34.9M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q4 2016, up 6.3% quarter-over-quarter.
- 10 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q4 2016 and 1 closed out, a net change of +9 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q4 2016 was Raymond James & Associates, an estimated $2.55M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q4 2016 was Raymond James Financial Services Advisors, an estimated $789K sold.
Based on aggregated 13F filings for Q4 2016.