BNY Mellon Municipal Bond Infrastructure Fund
DMB
37 hedge funds and large institutions have $45.6M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 12 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
12% more capital invested
Capital invested by funds: $40.8M → $45.6M (+$4.77M)
2.23% less ownership
Funds ownership: 18.04% → 15.81% (-2.2%)
23% less funds holding
Funds holding: 48 → 37 (-11)
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$494K |
| 2 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$439K |
| 3 |
Morgan Stanley
New York
|
+$432K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$318K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$304K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.35M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.35M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$845K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$775K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$459K |
DMB Hedge Fund Activity: Q2 2020 in Review
37 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q2 2020, worth a combined $45.6M — up 12% from $40.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DMB and 2 opened new positions — a net loss of 10 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was Bank of America, adding an estimated $494K. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $1.35M sold.
- 37 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q2 2020, down from 48 in Q1 2020.
- Funds reported $45.6M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q2 2020, up 12% quarter-over-quarter.
- 2 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q2 2020 and 12 closed out, a net change of -10 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q2 2020 was Bank of America, an estimated $494K added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q2 2020 was Parametric Portfolio Associates, an estimated $1.35M sold.
Based on aggregated 13F filings for Q2 2020.