We are live on ! Find out more
DSM

BNY Mellon Strategic Municipal Bond Fund
DSM

70 hedge funds and large institutions have $73.2M invested in BNY Mellon Strategic Municipal Bond Fund in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

81% more capital invested

Capital invested by funds: $40.4M → $73.2M (+$32.8M)

25% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 16

8% more funds holding

Funds holding: 65 → 70 (+5)

0.47% more ownership

Funds ownership: 10.98% → 11.44% (+0.47%)

Holders
70
Holders Change
+5
Holders Change %
+7.69%
% of All Funds
1.6%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
20
Reduced
16
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Robinson Capital Management
Michigan
+$2.53M
2
COLIM
City of London Investment Management
United Kingdom
+$693K
3
Ameriprise
Ameriprise
Minnesota
+$599K
4
LWAC
Laurel Wealth Advisors (California)
California
+$410K
5
DDPIC
Deroy & Devereaux Private Investment Counsel
Michigan
+$315K

Top Sellers

Rank Fund Capital Flow
1
LCM
Laurion Capital Management
New York
-$3.48M
2
Invesco
Invesco
Georgia
-$818K
3
SG Americas Securities
SG Americas Securities
New York
-$326K
4
WAM
Wolverine Asset Management
Illinois
-$190K
5
Walleye Trading
Walleye Trading
New York
-$169K
Name Holding Trade Value Shares
Change 		Change in
Stake
DAS
26
Dynamic Advisor Solutions
Arizona
$274K – – –
PAM
27
Private Asset Management
California
$272K -$75.2K -10,000 -21%
SIA
28
Sit Investment Associates
Minnesota
$271K – – –
M&T Bank
29
M&T Bank
New York
$254K – – –
HCM
30
Hollencrest Capital Management
California
$234K +$7.79K +1,036 +4%
IAMOG
31
Investors Asset Management of Georgia
Georgia
$224K – – –
AA
32
AQR Arbitrage
Connecticut
$222K +$49.8K +6,618 +28%
MML Investors Services
33
MML Investors Services
Massachusetts
$213K +$32.3K +4,297 +17%
EFS
34
Essex Financial Services
Connecticut
$211K -$16.7K -2,217 -7%
SWM
35
SeaCrest Wealth Management
New York
$188K – – –
EDRIA
36
Edmonds Duncan Registered Investment Advisors
Kansas
$186K – – –
WAM
37
Wealthspire Advisors (Maryland)
Maryland
$186K – – –
RJFSA
38
Raymond James Financial Services Advisors
Florida
$170K -$4.82K -641 -3%
SWP
39
Stratos Wealth Partners
Ohio
$147K – – –
MHS
40
M Holdings Securities
Oregon
$141K +$22.3K +2,961 +18%
Susquehanna International Group
41
Susquehanna International Group
Pennsylvania
$141K +$145K +19,259 New
BFEC
42
Benjamin F. Edwards & Company
Missouri
$112K +$346 +46 +0.3%
PNC Financial Services Group
43
PNC Financial Services Group
Pennsylvania
$100K -$37.4K -4,969 -27%
Creative Planning
44
Creative Planning
Kansas
$100K -$6.02K -800 -6%
NSIM
45
North Star Investment Management
Illinois
$96K – – –
VCM
46
Virtue Capital Management
Tennessee
$93K +$95.4K +12,674 New
SMC
47
Smith, Moore & Co
Missouri
$92K -$79K -10,500 -46%
WS
48
Wedbush Securities
California
$88K – – –
TSS
49
Two Sigma Securities
New York
$88K +$90.4K +12,015 New
RJT
50
Raymond James Trust
Florida
$81K – – –
1
2
3

DSM Hedge Fund Activity: Q3 2018 in Review

70 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q3 2018, worth a combined $73.2M — up 81% from $40.4M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new DSM positions and 4 closed out — a net gain of 5 holders — while 20 added to existing stakes and 16 trimmed.

The largest buyer was Robinson Capital Management, adding an estimated $2.53M. The largest seller was Laurion Capital Management, cutting an estimated $3.48M.

  • 70 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q3 2018, up from 65 in Q2 2018.
  • Funds reported $73.2M of BNY Mellon Strategic Municipal Bond Fund stock for Q3 2018, up 81% quarter-over-quarter.
  • 9 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q3 2018 and 4 closed out, a net change of +5 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q3 2018 was Robinson Capital Management, an estimated $2.53M added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q3 2018 was Laurion Capital Management, an estimated $3.48M sold.

Based on aggregated 13F filings for Q3 2018.