BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
50 hedge funds and large institutions have $29.3M invested in BNY Mellon Municipal Income in 2021 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
22% more capital invested
Capital invested by funds: $24.1M → $29.3M (+$5.23M)
14% more funds holding
Funds holding: 44 → 50 (+6)
4.12% more ownership
Funds ownership: 11.95% → 16.07% (+4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.46M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.4M |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$1.24M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$981K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$782K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.19M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$500K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$174K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$115K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$85.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KAS
51
Kestra Advisory Services
Austin,
Texas
| – | -$500K | -51,957 | Closed |
|
|
52
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$174K | -18,091 | Closed |
|
|
HA
53
Herold Advisors
New York
| – | -$80K | -8,340 | Closed |
|
|
MA
54
Montag & Associates
Atlanta,
Georgia
| – | -$67K | -7,000 | Closed |
|
|
TVWM
55
Tower View Wealth Management
Shorewood,
Wisconsin
| – | -$24K | -2,500 | Closed |
|
|
CI
56
CX Institutional
Auburn,
Indiana
| – | -$10K | -1,000 | Closed |
|
|
JCM
57
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$10K | -998 | Closed |
|
58
Fidelity Investments
Boston,
Massachusetts
| – | +$9 | +1 | New |
|
DMF Hedge Fund Activity: Q4 2021 in Review
50 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q4 2021, worth a combined $29.3M — up 22% from $24.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DMF positions and 7 closed out — a net gain of 6 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $2.46M. The largest seller was Guggenheim Capital, cutting an estimated $1.19M.
- 50 institutional investors held BNY Mellon Municipal Income (DMF) as of Q4 2021, up from 44 in Q3 2021.
- Funds reported $29.3M of BNY Mellon Municipal Income stock for Q4 2021, up 22% quarter-over-quarter.
- 13 funds opened new BNY Mellon Municipal Income positions in Q4 2021 and 7 closed out, a net change of +6 holders.
- The largest BNY Mellon Municipal Income buyer in Q4 2021 was Rivernorth Capital Management, an estimated $2.46M added.
- The largest BNY Mellon Municipal Income seller in Q4 2021 was Guggenheim Capital, an estimated $1.19M sold.
Based on aggregated 13F filings for Q4 2021.