BNY Mellon Municipal Bond Infrastructure Fund
DMB
41 hedge funds and large institutions have $56M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 6 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
3% more capital invested
Capital invested by funds: $54.1M → $56M (+$1.88M)
0.94% more ownership
Funds ownership: 23.59% → 24.53% (+0.94%)
2% less funds holding
Funds holding: 42 → 41 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$986K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$535K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$531K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$403K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$364K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$715K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$574K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$502K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$392K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$160K |
DMB Hedge Fund Activity: Q3 2018 in Review
41 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q3 2018, worth a combined $56M — up 3.5% from $54.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DMB and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 18 added.
The largest buyer was Wells Fargo, adding an estimated $986K. The largest seller was Advisors Asset Management, cutting an estimated $715K.
- 41 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q3 2018, down from 42 in Q2 2018.
- Funds reported $56M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q3 2018, up 3.5% quarter-over-quarter.
- 5 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q3 2018 and 6 closed out, a net change of -1 holder.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q3 2018 was Wells Fargo, an estimated $986K added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q3 2018 was Advisors Asset Management, an estimated $715K sold.
Based on aggregated 13F filings for Q3 2018.