BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
51 hedge funds and large institutions have $34.4M invested in BNY Mellon Municipal Income in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 6 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
0% less capital invested
Capital invested by funds: $34.5M → $34.4M (-$35.8K)
1.95% less ownership
Funds ownership: 21.86% → 19.91% (-1.9%)
6% less funds holding
Funds holding: 54 → 51 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.09M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$950K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$602K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$364K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.66M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$858K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$762K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$551K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$474K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Koshinski Asset Management
Decatur,
Illinois
| $196 | +$48.4K | +6,000 | +35% |
|
|
CRC
52
Curi RMB Capital
Chicago,
Illinois
| – | -$762K | -99,969 | Closed |
|
|
WAM
53
Wolverine Asset Management
Chicago,
Illinois
| – | -$551K | -72,440 | Closed |
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$226K | -29,621 | Closed |
|
|
WAM
55
Weiss Asset Management
Boston,
Massachusetts
| – | -$101K | -13,292 | Closed |
|
|
DWM
56
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$9K | -1,224 | Closed |
|
|
MOS
57
MGO One Seven
Beachwood,
Ohio
| – | -$8K | -1,081 | Closed |
|
DMF Hedge Fund Activity: Q1 2019 in Review
51 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q1 2019, worth a combined $34.4M — down 0.1% from $34.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DMF and 4 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 17 added.
The largest buyer was Icon Advisers, opening a new position worth an estimated $1.09M. The largest seller was Karpus Investment Management, cutting an estimated $2.66M.
- 51 institutional investors held BNY Mellon Municipal Income (DMF) as of Q1 2019, down from 54 in Q4 2018.
- Funds reported $34.4M of BNY Mellon Municipal Income stock for Q1 2019, down 0.1% quarter-over-quarter.
- 4 funds opened new BNY Mellon Municipal Income positions in Q1 2019 and 6 closed out, a net change of -2 holders.
- The largest BNY Mellon Municipal Income buyer in Q1 2019 was Icon Advisers, an estimated $1.09M added.
- The largest BNY Mellon Municipal Income seller in Q1 2019 was Karpus Investment Management, an estimated $2.66M sold.
Based on aggregated 13F filings for Q1 2019.