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DMF

BNY Mellon Municipal Income

Delisted

DMF was delisted on the 17th of June, 2025.

50 hedge funds and large institutions have $60.5M invested in BNY Mellon Municipal Income in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more capital invested

Capital invested by funds: $44.9M → $60.5M (+$15.6M)

6.57% more ownership

Funds ownership: 38.21%44.78% (+6.6%)

7% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 14

6% less funds holding

Funds holding: 5350 (-3)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

Holders
50
Holders Change
-3
Holders Change %
-5.66%
% of All Funds
0.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
15
Reduced
14
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$14.3M +$1.32M +221,481 +11%
BI
2
Bulldog Investors
New Jersey
$5.93M +$250K +41,898 +5%
SIA
3
Sit Investment Associates
Minnesota
$4.18M +$3.84M +642,829 New
AC
4
Almitas Capital
California
$3.94M +$1.58M +263,714 +77%
Pathstone Holdings
5
Pathstone Holdings
New Jersey
$3.83M +$3.52M +589,597 New
KIM
6
Karpus Investment Management
New York
$3.67M -$40K -6,693 -1%
LSC
7
Logan Stone Capital
Illinois
$3.06M -$206K -34,374 -7%
GC
8
Guggenheim Capital
Illinois
$2.67M -$154K -25,806 -6%
1CP
9
1607 Capital Partners
Virginia
$2.44M
PWS
10
Private Wealth Strategies
Ohio
$2.14M -$324K -54,115 -14%
AA
11
AQR Arbitrage
Connecticut
$1.8M +$89K +14,893 +6%
RCM
12
Rivernorth Capital Management
Florida
$1.7M +$1.56M +261,296 New
Bank of America
13
Bank of America
North Carolina
$1.36M +$131K +21,979 +12%
Morgan Stanley
14
Morgan Stanley
New York
$1.14M -$2.18M -364,914 -68%
CIA
15
Capital Investment Advisors
Georgia
$1.07M +$22.8K +3,810 +2%
VanEck Associates
16
VanEck Associates
New York
$1.02M +$113K +18,905 +14%
RIL
17
Rothschild Investment LLC
Illinois
$733K +$674K +112,700 New
N
18
Nuveen
North Carolina
$654K +$602K +100,672 New
UBS Group
19
UBS Group
Switzerland
$653K -$43.3K -7,251 -7%
CAPTRUST Financial Advisors
20
CAPTRUST Financial Advisors
North Carolina
$550K +$131K +21,898 +35%
DWM
21
Dakota Wealth Management
Florida
$488K
MWM
22
Melfa Wealth Management
Massachusetts
$258K +$407 +68 +0.2%
MC
23
Matisse Capital
Oregon
$243K
TJHA
24
Thomas J. Herzfeld Advisors
Florida
$219K +$201K +33,640 New
LCM
25
Landscape Capital Management
New Jersey
$215K +$198K +33,145 New

DMF Hedge Fund Activity: Q4 2023 in Review

50 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q4 2023, worth a combined $60.5M — up 35% from $44.9M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of DMF and 9 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 15 added.

The largest buyer was Sit Investment Associates, opening a new position worth an estimated $3.84M. The largest seller was Morgan Stanley, cutting an estimated $2.18M.

  • 50 institutional investors held BNY Mellon Municipal Income (DMF) as of Q4 2023, down from 53 in Q3 2023.
  • Funds reported $60.5M of BNY Mellon Municipal Income stock for Q4 2023, up 35% quarter-over-quarter.
  • 9 funds opened new BNY Mellon Municipal Income positions in Q4 2023 and 10 closed out, a net change of -1 holder.
  • The largest BNY Mellon Municipal Income buyer in Q4 2023 was Sit Investment Associates, an estimated $3.84M added.
  • The largest BNY Mellon Municipal Income seller in Q4 2023 was Morgan Stanley, an estimated $2.18M sold.

Based on aggregated 13F filings for Q4 2023.