BNY Mellon Municipal Bond Infrastructure Fund
DMB
58 hedge funds and large institutions have $37.7M invested in BNY Mellon Municipal Bond Infrastructure Fund in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 8 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
4% more funds holding
Funds holding: 56 → 58 (+2)
1.17% more ownership
Funds ownership: 17.85% → 19.02% (+1.2%)
1% more capital invested
Capital invested by funds: $37.4M → $37.7M (+$324K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.22M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$737K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$711K |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$360K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$388K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$387K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$342K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$143K |
| 5 |
ASFA
All Season Financial Advisors
Denver,
Colorado
|
-$138K |
DMB Hedge Fund Activity: Q2 2023 in Review
58 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Bond Infrastructure Fund (DMB) for Q2 2023, worth a combined $37.7M — up 0.87% from $37.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DMB positions and 8 closed out — a net gain of 2 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.22M. The largest seller was Invesco, cutting an estimated $388K.
- 58 institutional investors held BNY Mellon Municipal Bond Infrastructure Fund (DMB) as of Q2 2023, up from 56 in Q1 2023.
- Funds reported $37.7M of BNY Mellon Municipal Bond Infrastructure Fund stock for Q2 2023, up 0.87% quarter-over-quarter.
- 10 funds opened new BNY Mellon Municipal Bond Infrastructure Fund positions in Q2 2023 and 8 closed out, a net change of +2 holders.
- The largest BNY Mellon Municipal Bond Infrastructure Fund buyer in Q2 2023 was Guggenheim Capital, an estimated $1.22M added.
- The largest BNY Mellon Municipal Bond Infrastructure Fund seller in Q2 2023 was Invesco, an estimated $388K sold.
Based on aggregated 13F filings for Q2 2023.