BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
42 hedge funds and large institutions have $14.9M invested in BNY Mellon Municipal Income in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 9 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
0.26% less ownership
Funds ownership: 8.42% → 8.17% (-0.26%)
2% less funds holding
Funds holding: 43 → 42 (-1)
6% less capital invested
Capital invested by funds: $15.8M → $14.9M (-$885K)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$328K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$161K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$123K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$112K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$93.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$367K |
| 2 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$245K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$161K |
| 4 |
CAL
Capital Advisors Ltd
Shaker Heights,
Ohio
|
-$148K |
| 5 |
M&T Bank
Buffalo,
New York
|
-$121K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$19K | -2,049 | Closed |
|
DMF Hedge Fund Activity: Q4 2017 in Review
42 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q4 2017, worth a combined $14.9M — down 5.6% from $15.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DMF and 8 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 11 added.
The largest buyer was LPL Financial, opening a new position worth an estimated $328K. The largest seller was Robinson Capital Management, cutting an estimated $367K.
- 42 institutional investors held BNY Mellon Municipal Income (DMF) as of Q4 2017, down from 43 in Q3 2017.
- Funds reported $14.9M of BNY Mellon Municipal Income stock for Q4 2017, down 5.6% quarter-over-quarter.
- 8 funds opened new BNY Mellon Municipal Income positions in Q4 2017 and 9 closed out, a net change of -1 holder.
- The largest BNY Mellon Municipal Income buyer in Q4 2017 was LPL Financial, an estimated $328K added.
- The largest BNY Mellon Municipal Income seller in Q4 2017 was Robinson Capital Management, an estimated $367K sold.
Based on aggregated 13F filings for Q4 2017.