BNY Mellon Municipal Bond Infrastructure Fund
DMB
43 hedge funds and large institutions have $46.9M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
16% more funds holding
Funds holding: 37 → 43 (+6)
5% less capital invested
Capital invested by funds: $49.2M → $46.9M (-$2.29M)
1.33% less ownership
Funds ownership: 18.81% → 17.48% (-1.3%)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$441K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$399K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$153K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$128K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$91.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.12M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.25M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$817K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$570K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$447K |
DMB Hedge Fund Activity: Q4 2019 in Review
43 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q4 2019, worth a combined $46.9M — down 4.7% from $49.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DMB positions and 4 closed out — a net gain of 6 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $441K. The largest seller was Morgan Stanley, cutting an estimated $2.12M.
- 43 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q4 2019, up from 37 in Q3 2019.
- Funds reported $46.9M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q4 2019, down 4.7% quarter-over-quarter.
- 10 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q4 2019 and 4 closed out, a net change of +6 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q4 2019 was Raymond James & Associates, an estimated $441K added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q4 2019 was Morgan Stanley, an estimated $2.12M sold.
Based on aggregated 13F filings for Q4 2019.