BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
54 hedge funds and large institutions have $47.7M invested in BNY Mellon Municipal Income in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 6 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
10% more funds holding
Funds holding: 49 → 54 (+5)
8% more capital invested
Capital invested by funds: $44.2M → $47.7M (+$3.51M)
2.54% more ownership
Funds ownership: 13.15% → 15.7% (+2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.89M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$520K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$281K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$253K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$693K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$643K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$348K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$138K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JCM
51
Jacobi Capital Management
Pittston,
Pennsylvania
| $7K | +$96 | +12 | +1% |
|
52
Northern Trust
Chicago,
Illinois
| $1K | – | – | – |
|
|
SWP
53
Stratos Wealth Partners
Beachwood,
Ohio
| $1K | +$1.22K | +152 | New |
|
|
FHB
54
First Hawaiian Bank
Honolulu,
Hawaii
| $1K | +$1.45K | +180 | New |
|
|
55
Invesco
Atlanta,
Georgia
| – | -$643K | -78,877 | Closed |
|
|
DA
56
Doliver Advisors
Houston,
Texas
| – | -$138K | -16,964 | Closed |
|
|
RJFSA
57
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$112K | -13,747 | Closed |
|
|
IA
58
IFP Advisors
Tampa,
Florida
| – | -$42K | -5,152 | Closed |
|
59
SEI Investments
Oaks,
Pennsylvania
| – | -$41K | -5,000 | Closed |
|
|
SSB
60
Sandy Spring Bank
Olney,
Maryland
| – | -$33K | -4,000 | Closed |
|
DMF Hedge Fund Activity: Q3 2018 in Review
54 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q3 2018, worth a combined $47.7M — up 8% from $44.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DMF positions and 6 closed out — a net gain of 5 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.89M. The largest seller was Robinson Capital Management, cutting an estimated $693K.
- 54 institutional investors held BNY Mellon Municipal Income (DMF) as of Q3 2018, up from 49 in Q2 2018.
- Funds reported $47.7M of BNY Mellon Municipal Income stock for Q3 2018, up 8% quarter-over-quarter.
- 11 funds opened new BNY Mellon Municipal Income positions in Q3 2018 and 6 closed out, a net change of +5 holders.
- The largest BNY Mellon Municipal Income buyer in Q3 2018 was Karpus Investment Management, an estimated $2.89M added.
- The largest BNY Mellon Municipal Income seller in Q3 2018 was Robinson Capital Management, an estimated $693K sold.
Based on aggregated 13F filings for Q3 2018.