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DMF

BNY Mellon Municipal Income
DMF

Delisted

DMF was delisted on the 17th of June, 2025.

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45 hedge funds and large institutions have $27M invested in BNY Mellon Municipal Income in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

36% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 11

33% more capital invested

Capital invested by funds: $20.3M → $27M (+$6.72M)

7% more funds holding

Funds holding: 42 → 45 (+3)

3.83% more ownership

Funds ownership: 10.96% → 14.79% (+3.8%)

Holders
45
Holders Change
+3
Holders Change %
+7.14%
% of All Funds
0.79%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
15
Reduced
11
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$1.02M
2
BFEC
Benjamin F. Edwards & Company
Missouri
+$939K
3
RCM
Robinson Capital Management
Michigan
+$413K
4
AFS
Access Financial Services
Minnesota
+$342K
5
ACA
Ackerman Capital Advisors
Texas
+$209K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$498K
2
KAS
Kestra Advisory Services
Texas
-$343K
3
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
-$280K
4
Truist Financial
Truist Financial
North Carolina
-$248K
5
Millennium Management
Millennium Management
New York
-$154K
Name Holding Trade Value Shares
Change 		Change in
Stake
EDRIA
26
Edmonds Duncan Registered Investment Advisors
Kansas
$172K – – –
RJA
27
Raymond James & Associates
Florida
$171K +$18.2K +2,065 +12%
Stifel Financial
28
Stifel Financial
Missouri
$147K +$53K +6,000 +55%
PHS
29
Pekin Hardy Strauss
Illinois
$140K -$53K -6,000 -27%
CA
30
Cetera Advisors
Colorado
$133K +$134K +15,164 New
Ameriprise
31
Ameriprise
Minnesota
$129K -$168 -19 -0.1%
DLG
32
Daniel L. Goodwin
$115K – – –
KAS
33
Kestra Advisory Services
Texas
$101K -$343K -38,799 -77%
DC
34
Davenport & Co
Virginia
$92K -$1.47K -166 -2%
CWP
35
Concord Wealth Partners
Virginia
$83K – – –
SPIA
36
Steward Partners Investment Advisory
New York
$72.6K – – –
MA
37
Montag & Associates
Georgia
$61K – – –
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$34K – – –
NFSG
39
Newbridge Financial Services Group
Florida
$32K – – –
GI
40
Gradient Investments
Minnesota
$13K – – –
PA
41
Parallel Advisors
California
$13K – – –
CI
42
CX Institutional
Indiana
$9K – – –
US Bancorp
43
US Bancorp
Minnesota
$9K – – –
JCM
44
Jacobi Capital Management
Pennsylvania
$9K +$106 +12 +1%
Northwestern Mutual Wealth Management
45
Northwestern Mutual Wealth Management
Wisconsin
$8K – – –
TFGT
46
TS Financial Group (TSFG)
Illinois
$6K +$79 +9 +1%
Truist Financial
47
Truist Financial
North Carolina
– -$248K -28,015 Closed
Millennium Management
48
Millennium Management
New York
– -$154K -17,323 Closed
1
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DMF Hedge Fund Activity: Q1 2021 in Review

45 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q1 2021, worth a combined $27M — up 33% from $20.3M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new DMF positions and 2 closed out — a net gain of 3 holders — while 15 added to existing stakes and 11 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.02M. The largest seller was Bank of America, cutting an estimated $498K.

  • 45 institutional investors held BNY Mellon Municipal Income (DMF) as of Q1 2021, up from 42 in Q4 2020.
  • Funds reported $27M of BNY Mellon Municipal Income stock for Q1 2021, up 33% quarter-over-quarter.
  • 5 funds opened new BNY Mellon Municipal Income positions in Q1 2021 and 2 closed out, a net change of +3 holders.
  • The largest BNY Mellon Municipal Income buyer in Q1 2021 was Rivernorth Capital Management, an estimated $1.02M added.
  • The largest BNY Mellon Municipal Income seller in Q1 2021 was Bank of America, an estimated $498K sold.

Based on aggregated 13F filings for Q1 2021.