BNY Mellon Municipal Bond Infrastructure Fund
DMB
42 hedge funds and large institutions have $45M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 5 closing their positions.
2% more capital invested
Capital invested by funds: $44.3M → $45M (+$708K)
0.16% more ownership
Funds ownership: 17.17% → 17.34% (+0.16%)
0% more funds holding
Funds holding: 42 → 42 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.2M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$477K |
| 3 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$473K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$205K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.84M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$765K |
| 3 |
Morgan Stanley
New York
|
-$541K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$256K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$182K |
DMB Hedge Fund Activity: Q1 2021 in Review
42 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q1 2021, worth a combined $45M — up 1.6% from $44.3M a quarter earlier.
Fund positioning in DMB was balanced in Q1 2021: 5 funds opened new positions, 5 closed out, 11 added to existing stakes and 12 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.2M. The largest seller was Kestra Advisory Services, cutting an estimated $1.84M.
- 42 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $45M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q1 2021, up 1.6% quarter-over-quarter.
- 5 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q1 2021 and 5 closed out, a net change of 0 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q1 2021 was Guggenheim Capital, an estimated $1.2M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q1 2021 was Kestra Advisory Services, an estimated $1.84M sold.
Based on aggregated 13F filings for Q1 2021.