We are live on ! Find out more
DSM

BNY Mellon Strategic Municipal Bond Fund
DSM

53 hedge funds and large institutions have $37.4M invested in BNY Mellon Strategic Municipal Bond Fund in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 11

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

17% more capital invested

Capital invested by funds: $32.1M → $37.4M (+$5.32M)

6% more funds holding

Funds holding: 50 → 53 (+3)

0.35% more ownership

Funds ownership: 8.05% → 8.4% (+0.35%)

Holders
53
Holders Change
+3
Holders Change %
+6%
% of All Funds
1.41%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
17
Reduced
11
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
+$805K
2
UBS Group
UBS Group
Switzerland
+$388K
3
SMC
Smith, Moore & Co
Missouri
+$298K
4
Baird Financial Group
Baird Financial Group
Wisconsin
+$181K
5
VanEck Associates
VanEck Associates
New York
+$163K

Top Sellers

Rank Fund Capital Flow
1
AIG
American International Group
New York
-$1.89M
2
LPL Financial
LPL Financial
California
-$699K
3
RCM
Robinson Capital Management
Michigan
-$175K
4
Bank of America
Bank of America
North Carolina
-$115K
5
AAM
Advisors Asset Management
Colorado
-$106K
Name Holding Trade Value Shares
Change 		Change in
Stake
Fifth Third Bancorp
26
Fifth Third Bancorp
Ohio
$272K – – –
HCM
27
Hollencrest Capital Management
California
$252K – – –
YP
28
Yellowstone Partners
Idaho
$251K – – –
MHS
29
M Holdings Securities
Oregon
$213K +$1.08K +123 +0.5%
RJFSA
30
Raymond James Financial Services Advisors
Florida
$212K +$464 +53 +0.2%
Creative Planning
31
Creative Planning
Kansas
$188K -$12.8K -1,464 -7%
Cambridge Investment Research Advisors
32
Cambridge Investment Research Advisors
Iowa
$175K +$58.9K +6,718 +54%
SSB
33
Sandy Spring Bank
Maryland
$166K – – –
LNWWM
34
Laird Norton Wetherby Wealth Management
California
$166K +$161K +18,316 New
ICAS
35
Investors Capital Advisory Services
Massachusetts
$126K +$123K +14,000 New
MFS
36
MSI Financial Services
Massachusetts
$119K +$37.8K +4,316 +49%
FAAS
37
First Allied Advisory Services
California
$118K – – –
Citadel Advisors
38
Citadel Advisors
Florida
$106K +$103K +11,733 New
Ameriprise
39
Ameriprise
Minnesota
$102K +$98.3K +11,220 New
NFG
40
Next Financial Group
Texas
$100K +$19K +2,173 +24%
RJT
41
Raymond James Trust
Florida
$100K +$96.4K +11,000 New
MF
42
Magnetar Financial
Illinois
$94K +$90.9K +10,375 New
Royal Bank of Canada
43
Royal Bank of Canada
Ontario, Canada
$87K -$6.67K -761 -7%
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$77K -$17.5K -2,000 -19%
KT
45
Kanaly Trust
Texas
$69K – – –
AIP
46
Ameritas Investment Partners
Nebraska
$67K +$65.1K +7,426 New
DPA
47
Delphi Private Advisors
California
$55K – – –
IA
48
IFP Advisors
Florida
$22K +$21.3K +2,425 New
LTFS
49
Ladenburg Thalmann Financial Services
Florida
$18K -$8.76K -1,000 -34%
Northwestern Mutual Wealth Management
50
Northwestern Mutual Wealth Management
Wisconsin
$13K – – –
1
2
3

DSM Hedge Fund Activity: Q2 2016 in Review

53 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q2 2016, worth a combined $37.4M — up 17% from $32.1M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new DSM positions and 6 closed out — a net gain of 3 holders — while 17 added to existing stakes and 11 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $805K. The largest seller was American International Group, exiting entirely with an estimated $1.89M sold.

  • 53 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q2 2016, up from 50 in Q1 2016.
  • Funds reported $37.4M of BNY Mellon Strategic Municipal Bond Fund stock for Q2 2016, up 17% quarter-over-quarter.
  • 9 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q2 2016 and 6 closed out, a net change of +3 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q2 2016 was Guggenheim Capital, an estimated $805K added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q2 2016 was American International Group, an estimated $1.89M sold.

Based on aggregated 13F filings for Q2 2016.