BNY Mellon Municipal Bond Infrastructure Fund
DMB
45 hedge funds and large institutions have $55.3M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
24% more capital inflows, than outflows
Capital inflows: $9.18M | Capital outflows: $7.41M
10% more funds holding
Funds holding: 41 → 45 (+4)
0.81% more ownership
Funds ownership: 24.53% → 25.34% (+0.81%)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.06M |
| 2 |
Cornell Pochily Investment Advisors
Ithaca,
New York
|
+$1.24M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
+$901K |
| 4 |
Boenning & Scattergood
West Conshohocken,
Pennsylvania
|
+$698K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$612K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.96M |
| 2 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.14M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
-$1.05M |
| 4 |
Curi RMB Capital
Chicago,
Illinois
|
-$550K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$547K |
DMB Hedge Fund Activity: Q4 2018 in Review
45 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q4 2018, worth a combined $55.3M — down 1.3% from $56M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DMB positions and 6 closed out — a net gain of 4 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.06M. The largest seller was Robinson Capital Management, cutting an estimated $1.96M.
- 45 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q4 2018, up from 41 in Q3 2018.
- Funds reported $55.3M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q4 2018, down 1.3% quarter-over-quarter.
- 10 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q4 2018 and 6 closed out, a net change of +4 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q4 2018 was Morgan Stanley, an estimated $3.06M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q4 2018 was Robinson Capital Management, an estimated $1.96M sold.
Based on aggregated 13F filings for Q4 2018.