We are live on ! Find out more
DSM

BNY Mellon Strategic Municipal Bond Fund
DSM

46 hedge funds and large institutions have $25.7M invested in BNY Mellon Strategic Municipal Bond Fund in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 9 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 9

15% more capital invested

Capital invested by funds: $22.4M → $25.7M (+$3.31M)

0.71% more ownership

Funds ownership: 5.75% → 6.47% (+0.71%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

8% less funds holding

Funds holding: 50 → 46 (-4)

33% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 9

Holders
46
Holders Change
-4
Holders Change %
-8%
% of All Funds
1.23%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
6
Increased
21
Reduced
9
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LSA
Liberty Street Advisors
New York
+$1.38M
2
SIA
Sit Investment Associates
Minnesota
+$1.3M
3
AIG
American International Group
New York
+$491K
4
AWA
Arete Wealth Advisors
Illinois
+$228K
5
CRC
Curi RMB Capital
Illinois
+$197K

Top Sellers

Rank Fund Capital Flow
1
MIG
Mariner Investment Group
New York
-$565K
2
SG Americas Securities
SG Americas Securities
New York
-$228K
3
VKH
Virtu KCG Holdings
New York
-$171K
4
Bank of America
Bank of America
North Carolina
-$168K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$156K
Name Holding Trade Value Shares
Change 		Change in
Stake
YP
26
Yellowstone Partners
Idaho
$224K – – –
OC
27
Oppenheimer & Co
New York
$204K +$65 +8 +0%
CRC
28
Curi RMB Capital
Illinois
$197K +$197K +24,391 New
DA
29
Doliver Advisors
Texas
$181K +$53.2K +6,586 +42%
MHS
30
M Holdings Securities
Oregon
$180K +$29.8K +3,685 +20%
Comerica Bank
31
Comerica Bank
Texas
$168K +$169K +20,856 New
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$136K -$156K -19,348 -54%
PRCM
33
Pine River Capital Management
Minnesota
$116K +$116K +14,300 New
PNC Financial Services Group
34
PNC Financial Services Group
Pennsylvania
$94K +$26.2K +3,239 +39%
LCM
35
Landscape Capital Management
New Jersey
$92K -$78.4K -9,699 -46%
Creative Planning
36
Creative Planning
Kansas
$92K +$11.8K +1,465 +15%
TNBTD
37
Trustmark National Bank Trust Department
Mississippi
$89K -$11.4K -1,408 -11%
NFG
38
Next Financial Group
Texas
$67K +$67.9K +8,400 New
KT
39
Kanaly Trust
Texas
$61K – – –
MFS
40
MSI Financial Services
Massachusetts
$47K +$4.66K +576 +11%
SSB
41
Sandy Spring Bank
Maryland
$32K +$31.9K +3,948 New
LTFS
42
Ladenburg Thalmann Financial Services
Florida
$27K +$9.71K +1,201 +58%
Northwestern Mutual Wealth Management
43
Northwestern Mutual Wealth Management
Wisconsin
$12K +$11.7K +1,450 New
S
44
SignatureFD
Georgia
$8K – – –
ASN
45
Advisory Services Network
Georgia
$6K – – –
MIG
46
Mariner Investment Group
New York
– -$565K -71,015 Closed
SG Americas Securities
47
SG Americas Securities
New York
– -$228K -28,690 Closed
VKH
48
Virtu KCG Holdings
New York
– -$171K -21,534 Closed
HK
49
Horizon Kinetics
New York
– -$88K -11,074 Closed
CCA
50
Catalyst Capital Advisors
New York
– -$51K -6,460 Closed
1
2
3

DSM Hedge Fund Activity: Q1 2015 in Review

46 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q1 2015, worth a combined $25.7M — up 15% from $22.4M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of DSM and 6 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 21 added.

The largest buyer was Liberty Street Advisors, adding an estimated $1.38M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $565K sold.

  • 46 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q1 2015, down from 50 in Q4 2014.
  • Funds reported $25.7M of BNY Mellon Strategic Municipal Bond Fund stock for Q1 2015, up 15% quarter-over-quarter.
  • 6 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q1 2015 and 9 closed out, a net change of -3 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q1 2015 was Liberty Street Advisors, an estimated $1.38M added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q1 2015 was Mariner Investment Group, an estimated $565K sold.

Based on aggregated 13F filings for Q1 2015.