BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
53 hedge funds and large institutions have $28M invested in BNY Mellon Municipal Income in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 5 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
1.14% more ownership
Funds ownership: 18.81% → 19.95% (+1.1%)
5% less capital invested
Capital invested by funds: $29.5M → $28M (-$1.44M)
7% less funds holding
Funds holding: 57 → 53 (-4)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.45M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$877K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$535K |
| 4 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$449K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$1.13M |
| 2 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
-$251K |
| 3 |
CSA
Cottage Street Advisors
Marion,
Massachusetts
|
-$243K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$190K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$177K |
DMF Hedge Fund Activity: Q2 2022 in Review
53 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q2 2022, worth a combined $28M — down 4.9% from $29.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DMF and 2 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 21 added.
The largest buyer was Morgan Stanley, adding an estimated $1.45M. The largest seller was Ackerman Capital Advisors, exiting entirely with an estimated $1.13M sold.
- 53 institutional investors held BNY Mellon Municipal Income (DMF) as of Q2 2022, down from 57 in Q1 2022.
- Funds reported $28M of BNY Mellon Municipal Income stock for Q2 2022, down 4.9% quarter-over-quarter.
- 2 funds opened new BNY Mellon Municipal Income positions in Q2 2022 and 5 closed out, a net change of -3 holders.
- The largest BNY Mellon Municipal Income buyer in Q2 2022 was Morgan Stanley, an estimated $1.45M added.
- The largest BNY Mellon Municipal Income seller in Q2 2022 was Ackerman Capital Advisors, an estimated $1.13M sold.
Based on aggregated 13F filings for Q2 2022.