BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
57 hedge funds and large institutions have $29.5M invested in BNY Mellon Municipal Income in 2022 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
14% more funds holding
Funds holding: 50 → 57 (+7)
2.74% more ownership
Funds ownership: 16.07% → 18.81% (+2.7%)
1% more capital invested
Capital invested by funds: $29.3M → $29.5M (+$174K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.1M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.6M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.04M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$715K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$584K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.79M |
| 2 |
PWS
Private Wealth Strategies
New Albany,
Ohio
|
-$442K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$241K |
| 4 |
Morgan Stanley
New York
|
-$185K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$150K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAG
51
Fortitude Advisory Group
Gig Harbor,
Washington
| $17K | – | – | – |
|
52
Jones Financial Companies
Des Peres,
Missouri
| $15K | – | – | – |
|
|
PA
53
Parallel Advisors
San Francisco,
California
| $11K | – | – | – |
|
|
APA
54
American Portfolios Advisors
Holbrook,
New York
| $7.59K | +$8.01K | +1,000 | New |
|
|
TFGT
55
TS Financial Group (TSFG)
Lake Forest,
Illinois
| $6K | +$72 | +9 | +1% |
|
56
Rockefeller Capital Management
New York
| $3K | – | – | – |
|
57
Bessemer Group
Woodbridge,
New Jersey
| $3K | +$3.6K | +450 | New |
|
58
Millennium Management
New York
| – | -$132K | -15,114 | Closed |
|
|
CA
59
CoreCap Advisors
Southfield,
Michigan
| – | -$30K | -3,415 | Closed |
|
DMF Hedge Fund Activity: Q1 2022 in Review
57 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q1 2022, worth a combined $29.5M — up 0.59% from $29.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DMF positions and 3 closed out — a net gain of 7 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.1M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $1.79M.
- 57 institutional investors held BNY Mellon Municipal Income (DMF) as of Q1 2022, up from 50 in Q4 2021.
- Funds reported $29.5M of BNY Mellon Municipal Income stock for Q1 2022, up 0.59% quarter-over-quarter.
- 10 funds opened new BNY Mellon Municipal Income positions in Q1 2022 and 3 closed out, a net change of +7 holders.
- The largest BNY Mellon Municipal Income buyer in Q1 2022 was Rivernorth Capital Management, an estimated $2.1M added.
- The largest BNY Mellon Municipal Income seller in Q1 2022 was Hennion & Walsh Asset Management, an estimated $1.79M sold.
Based on aggregated 13F filings for Q1 2022.