BNY Mellon Municipal Bond Infrastructure Fund
DMB
42 hedge funds and large institutions have $44.3M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
14% more capital invested
Capital invested by funds: $38.7M → $44.3M (+$5.53M)
11% more funds holding
Funds holding: 38 → 42 (+4)
1.51% more ownership
Funds ownership: 15.66% → 17.17% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.96M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$751K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$588K |
| 4 |
LPL Financial
San Diego,
California
|
+$190K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$156K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$328K |
| 2 |
MA
MUFG Americas
New York
|
-$250K |
| 3 |
Morgan Stanley
New York
|
-$122K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$49.4K |
| 5 |
VanEck Associates
New York
|
-$17.8K |
DMB Hedge Fund Activity: Q4 2020 in Review
42 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q4 2020, worth a combined $44.3M — up 14% from $38.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DMB positions and 5 closed out — a net gain of 4 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Kestra Advisory Services, opening a new position worth an estimated $1.96M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $328K sold.
- 42 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q4 2020, up from 38 in Q3 2020.
- Funds reported $44.3M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q4 2020, up 14% quarter-over-quarter.
- 9 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q4 2020 and 5 closed out, a net change of +4 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q4 2020 was Kestra Advisory Services, an estimated $1.96M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q4 2020 was Shaker Financial Services, an estimated $328K sold.
Based on aggregated 13F filings for Q4 2020.