BNY Mellon Municipal Bond Infrastructure Fund
DMB
31 hedge funds and large institutions have $36.7M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
5% more capital invested
Capital invested by funds: $34.9M → $36.7M (+$1.72M)
0.24% more ownership
Funds ownership: 15.53% → 15.78% (+0.24%)
6% less funds holding
Funds holding: 33 → 31 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.07M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$759K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$320K |
| 4 |
LPL Financial
San Diego,
California
|
+$256K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.44M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$949K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$434K |
| 4 |
Morgan Stanley
New York
|
-$383K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$261K |
DMB Hedge Fund Activity: Q1 2017 in Review
31 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q1 2017, worth a combined $36.7M — up 4.9% from $34.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DMB and 5 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 15 added.
The largest buyer was Robinson Capital Management, adding an estimated $2.07M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.44M sold.
- 31 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q1 2017, down from 33 in Q4 2016.
- Funds reported $36.7M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q1 2017, up 4.9% quarter-over-quarter.
- 5 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q1 2017 and 6 closed out, a net change of -1 holder.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q1 2017 was Robinson Capital Management, an estimated $2.07M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q1 2017 was Laurion Capital Management, an estimated $1.44M sold.
Based on aggregated 13F filings for Q1 2017.