BNY Mellon Municipal Bond Infrastructure Fund
DMB
42 hedge funds and large institutions have $48.5M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 2 closing their positions.
650% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 2
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
45% more funds holding
Funds holding: 29 → 42 (+13)
20% more capital invested
Capital invested by funds: $40.5M → $48.5M (+$8.02M)
3.83% more ownership
Funds ownership: 16.46% → 20.29% (+3.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.2M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.16M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.15M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.04M |
| 5 |
LCM
Laurion Capital Management
New York
|
+$807K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$242K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$173K |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$142K |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$100K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$26.3K |
DMB Hedge Fund Activity: Q4 2017 in Review
42 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q4 2017, worth a combined $48.5M — up 20% from $40.5M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new DMB positions and 2 closed out — a net gain of 13 holders — while 16 added to existing stakes and 6 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $1.2M. The largest seller was Advisors Asset Management, cutting an estimated $242K.
- 42 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q4 2017, up from 29 in Q3 2017.
- Funds reported $48.5M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q4 2017, up 20% quarter-over-quarter.
- 15 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q4 2017 and 2 closed out, a net change of +13 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q4 2017 was Robinson Capital Management, an estimated $1.2M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q4 2017 was Advisors Asset Management, an estimated $242K sold.
Based on aggregated 13F filings for Q4 2017.