BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
34 hedge funds and large institutions have $18.4M invested in BNY Mellon Municipal Income in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 13 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
3.24% less ownership
Funds ownership: 12.7% → 9.46% (-3.2%)
18% less capital invested
Capital invested by funds: $22.5M → $18.4M (-$4.12M)
24% less funds holding
Funds holding: 45 → 34 (-11)
85% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$3.67M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$195K |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$136K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$120K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$88.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.37M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.33M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.73M |
| 4 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$740K |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$684K |
DMF Hedge Fund Activity: Q3 2019 in Review
34 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q3 2019, worth a combined $18.4M — down 18% from $22.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DMF and 2 opened new positions — a net loss of 11 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $3.67M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $2.37M sold.
- 34 institutional investors held BNY Mellon Municipal Income (DMF) as of Q3 2019, down from 45 in Q2 2019.
- Funds reported $18.4M of BNY Mellon Municipal Income stock for Q3 2019, down 18% quarter-over-quarter.
- 2 funds opened new BNY Mellon Municipal Income positions in Q3 2019 and 13 closed out, a net change of -11 holders.
- The largest BNY Mellon Municipal Income buyer in Q3 2019 was Mackay Shields LLC, an estimated $3.67M added.
- The largest BNY Mellon Municipal Income seller in Q3 2019 was Robinson Capital Management, an estimated $2.37M sold.
Based on aggregated 13F filings for Q3 2019.