BNY Mellon Municipal Bond Infrastructure Fund
DMB
42 hedge funds and large institutions have $47.6M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 7 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
1% more capital invested
Capital invested by funds: $47.2M → $47.6M (+$337K)
0.9% less ownership
Funds ownership: 17.48% → 16.58% (-0.9%)
14% less funds holding
Funds holding: 49 → 42 (-7)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.05M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$636K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$381K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$357K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.43M |
| 2 |
Morgan Stanley
New York
|
-$1.4M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.22M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.2M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$743K |
DMB Hedge Fund Activity: Q3 2021 in Review
42 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q3 2021, worth a combined $47.6M — up 0.71% from $47.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DMB and 1 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 18 added.
The largest buyer was Kestra Advisory Services, adding an estimated $2.05M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $1.43M.
- 42 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q3 2021, down from 49 in Q2 2021.
- Funds reported $47.6M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q3 2021, up 0.71% quarter-over-quarter.
- 1 fund opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q3 2021 and 7 closed out, a net change of -6 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q3 2021 was Kestra Advisory Services, an estimated $2.05M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q3 2021 was Northwestern Mutual Wealth Management, an estimated $1.43M sold.
Based on aggregated 13F filings for Q3 2021.