BNY Mellon Municipal Bond Infrastructure Fund
DMB
40 hedge funds and large institutions have $52.5M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 11
8% more capital invested
Capital invested by funds: $48.5M → $52.5M (+$4.01M)
2.95% more ownership
Funds ownership: 20.29% → 23.24% (+3%)
5% less funds holding
Funds holding: 42 → 40 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.77M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.58M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$965K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$962K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$546K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$799K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$728K |
| 3 |
SG Americas Securities
New York
|
-$288K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$286K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$166K |
DMB Hedge Fund Activity: Q1 2018 in Review
40 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q1 2018, worth a combined $52.5M — up 8.3% from $48.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DMB and 2 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 22 added.
The largest buyer was Wells Fargo, adding an estimated $2.77M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $799K sold.
- 40 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q1 2018, down from 42 in Q4 2017.
- Funds reported $52.5M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q1 2018, up 8.3% quarter-over-quarter.
- 2 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q1 2018 and 4 closed out, a net change of -2 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q1 2018 was Wells Fargo, an estimated $2.77M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q1 2018 was Laurion Capital Management, an estimated $799K sold.
Based on aggregated 13F filings for Q1 2018.