We are live on ! Find out more
DSM

BNY Mellon Strategic Municipal Bond Fund
DSM

50 hedge funds and large institutions have $22.4M invested in BNY Mellon Strategic Municipal Bond Fund in 2014 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 19 increasing their positions, 3 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

533% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 3

325% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 4

51% more capital invested

Capital invested by funds: $14.8M → $22.4M (+$7.53M)

32% more funds holding

Funds holding: 38 → 50 (+12)

2% more ownership

Funds ownership: 3.75% → 5.75% (+2%)

Holders
50
Holders Change
+12
Holders Change %
+31.58%
% of All Funds
1.33%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
19
Reduced
3
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$2M
2
NCM
Newgate Capital Management
Connecticut
+$1.97M
3
Morgan Stanley
Morgan Stanley
New York
+$701K
4
MIG
Mariner Investment Group
New York
+$569K
5
AWA
Arete Wealth Advisors
Illinois
+$522K

Top Sellers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
-$1.14M
2
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
-$307K
3
Invesco
Invesco
Georgia
-$94K
4
Ameriprise
Ameriprise
Minnesota
-$34K
5
HK
Horizon Kinetics
New York
-$29.6K
Name Holding Trade Value Shares
Change 		Change in
Stake
SG Americas Securities
26
SG Americas Securities
New York
$228K +$230K +28,690 New
HCM
27
Hollencrest Capital Management
California
$221K – – –
YP
28
Yellowstone Partners
Idaho
$220K +$3.7K +462 +2%
Cambridge Investment Research Advisors
29
Cambridge Investment Research Advisors
Iowa
$210K +$29.4K +3,675 +16%
OC
30
Oppenheimer & Co
New York
$201K +$71.8K +8,965 +55%
VKH
31
Virtu KCG Holdings
New York
$171K +$173K +21,534 New
LCM
32
Landscape Capital Management
New Jersey
$168K +$169K +21,097 New
MHS
33
M Holdings Securities
Oregon
$147K +$27.7K +3,461 +23%
DA
34
Doliver Advisors
Texas
$125K +$32.7K +4,085 +35%
TNBTD
35
Trustmark National Bank Trust Department
Mississippi
$99K – – –
HK
36
Horizon Kinetics
New York
$88K -$29.6K -3,700 -25%
Creative Planning
37
Creative Planning
Kansas
$79K +$34.9K +4,350 +78%
PNC Financial Services Group
38
PNC Financial Services Group
Pennsylvania
$66K – – –
KT
39
Kanaly Trust
Texas
$60K – – –
CCA
40
Catalyst Capital Advisors
New York
$51K +$51.8K +6,460 New
MFS
41
MSI Financial Services
Massachusetts
$42K +$24K +3,000 +132%
FCCM
42
First City Capital Management
Georgia
$36.8K +$37K +4,623 New
RC
43
RegentAtlantic Capital
New Jersey
$27.9K +$28.1K +3,508 New
LTFS
44
Ladenburg Thalmann Financial Services
Florida
$17K +$4.01K +500 +32%
Bank of Montreal
45
Bank of Montreal
Ontario, Canada
$10K +$10K +1,250 New
S
46
SignatureFD
Georgia
$8K – – –
ASN
47
Advisory Services Network
Georgia
$6K +$6.41K +800 New
NES
48
New England Securities
New York
$5K – – –
Citigroup
49
Citigroup
New York
$1K +$1.11K +139 +13,900%
GC
50
Guggenheim Capital
Illinois
– -$1.14M -141,167 Closed
1
2
3

DSM Hedge Fund Activity: Q4 2014 in Review

50 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q4 2014, worth a combined $22.4M — up 51% from $14.8M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new DSM positions and 4 closed out — a net gain of 13 holders — while 19 added to existing stakes and 3 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $2M. The largest seller was Guggenheim Capital, exiting entirely with an estimated $1.14M sold.

  • 50 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q4 2014, up from 38 in Q3 2014.
  • Funds reported $22.4M of BNY Mellon Strategic Municipal Bond Fund stock for Q4 2014, up 51% quarter-over-quarter.
  • 17 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q4 2014 and 4 closed out, a net change of +13 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q4 2014 was Sit Investment Associates, an estimated $2M added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q4 2014 was Guggenheim Capital, an estimated $1.14M sold.

Based on aggregated 13F filings for Q4 2014.