BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
1 hedge funds and large institutions have $379K invested in BNY Mellon Municipal Income in 2025 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 36 closing their positions.
62.62% less ownership
Funds ownership: 62.88% → 0.26% (-63%)
97% less funds holding
Funds holding: 38 → 1 (-37)
100% less capital invested
Capital invested by funds: $94.2M → $379K (-$93.8M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 36
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$22M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$18.8M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$18M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$11.5M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$7.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PVM
26
Palogic Value Management
Dallas,
Texas
| – | -$144K | -20,000 | Closed |
|
27
Wells Fargo
San Francisco,
California
| – | -$92.2K | -12,838 | Closed |
|
|
MCM
28
MAI Capital Management
Independence,
Ohio
| – | -$84.1K | -11,717 | Closed |
|
29
Creative Planning
Overland Park,
Kansas
| – | -$78.4K | -10,921 | Closed |
|
|
FNT
30
First Nebraska Trust
Lincoln,
Nebraska
| – | -$78.3K | -10,900 | Closed |
|
|
OC
31
Opinicus Capital
Tampa,
Florida
| – | -$72K | -10,023 | Closed |
|
|
BWM
32
Bernard Wealth Management
Royal Oak,
Michigan
| – | -$17.6K | -2,458 | Closed |
|
33
Bank of America
Charlotte,
North Carolina
| – | -$16.3K | -2,266 | Closed |
|
|
PA
34
Parallel Advisors
San Francisco,
California
| – | -$10.3K | -1,440 | Closed |
|
|
CI
35
CX Institutional
Auburn,
Indiana
| – | -$7K | -1,000 | Closed |
|
|
TFGT
36
TS Financial Group (TSFG)
Lake Forest,
Illinois
| – | -$6K | -845 | Closed |
|
37
Osaic Holdings
Scottsdale,
Arizona
| – | -$1.51K | -210 | Closed |
|
DMF Hedge Fund Activity: Q2 2025 in Review
1 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q2 2025, worth a combined $379K — down 100% from $94.2M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of DMF and 0 opened new positions — a net loss of 36 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Sit Investment Associates, exiting entirely with an estimated $22M sold.
- 1 institutional investor held BNY Mellon Municipal Income (DMF) as of Q2 2025, down from 38 in Q1 2025.
- Funds reported $379K of BNY Mellon Municipal Income stock for Q2 2025, down 100% quarter-over-quarter.
- 0 funds opened new BNY Mellon Municipal Income positions in Q2 2025 and 36 closed out, a net change of -36 holders.
- The largest BNY Mellon Municipal Income seller in Q2 2025 was Sit Investment Associates, an estimated $22M sold.
Based on aggregated 13F filings for Q2 2025.