We are live on ! Find out more
DSM

BNY Mellon Strategic Municipal Bond Fund
DSM

92 hedge funds and large institutions have $132M invested in BNY Mellon Strategic Municipal Bond Fund in 2025 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.88% more ownership

Funds ownership: 45.69% → 47.58% (+1.9%)

7% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 29

4% less funds holding

Funds holding: 96 → 92 (-4)

17% less capital invested

Capital invested by funds: $158M → $132M (-$26.3M)

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
92
Holders Change
-4
Holders Change %
-4.17%
% of All Funds
1.21%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
8
Increased
27
Reduced
29
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$5.06M
2
KIM
Karpus Investment Management
New York
+$4.66M
3
Pathstone Holdings
Pathstone Holdings
New Jersey
+$2.07M
4
TJHA
Thomas J. Herzfeld Advisors
Florida
+$1.34M
5
Invesco
Invesco
Georgia
+$537K

Top Sellers

Rank Fund Capital Flow
1
WA
Whitebox Advisors
Minnesota
-$2.12M
2
Wells Fargo
Wells Fargo
California
-$1.19M
3
N
Nuveen
North Carolina
-$1.08M
4
GC
Guggenheim Capital
Illinois
-$967K
5
HWAM
Hennion & Walsh Asset Management
New Jersey
-$518K
Name Holding Trade Value Shares
Change 		Change in
Stake
N
26
Nuveen
North Carolina
$762K -$1.08M -192,054 -59%
BBPWM
27
Blue Bell Private Wealth Management
Pennsylvania
$731K +$23.6K +4,215 +3%
UBS Group
28
UBS Group
Switzerland
$624K -$3.51K -626 -0.6%
BA
29
Bridgewater Advisors
New York
$509K – – –
PP
30
PFS Partners
New Jersey
$497K +$5.22K +931 +1%
SAI
31
Savvy Advisors Inc
New York
$468K -$16.8K -2,992 -3%
Bank of America
32
Bank of America
North Carolina
$411K +$406K +72,407 +7,654%
Rockefeller Capital Management
33
Rockefeller Capital Management
New York
$380K +$3.99K +712 +1%
Ameriprise
34
Ameriprise
Minnesota
$349K -$2.87K -511 -0.8%
Stifel Financial
35
Stifel Financial
Missouri
$344K +$3.49K +622 +1%
Bank of New York Mellon
36
Bank of New York Mellon
New York
$342K -$2.81K -502 -0.8%
TCM
37
Traub Capital Management
Massachusetts
$297K +$297K +53,029 New
Raymond James Financial
38
Raymond James Financial
Florida
$275K +$9.39K +1,674 +4%
GP
39
Gridiron Partners
Pennsylvania
$274K – – –
PVM
40
Palogic Value Management
Texas
$271K – – –
AWA
41
Arete Wealth Advisors
Illinois
$259K -$11.2K -1,991 -4%
MWM
42
Melfa Wealth Management
Massachusetts
$247K – – –
GWM
43
Geneos Wealth Management
Colorado
$240K -$158K -28,230 -40%
CP
44
Camelot Portfolios
Ohio
$234K +$16.2K +2,894 +7%
RIL
45
Rothschild Investment LLC
Illinois
$227K – – –
ICMP
46
Integrated Capital Management (Pennsylvania)
Pennsylvania
$224K +$38K +6,776 +20%
Cohen & Steers
47
Cohen & Steers
New York
$224K +$224K +40,000 New
FAG
48
Fortitude Advisory Group
Washington
$217K – – –
HighTower Advisors
49
HighTower Advisors
Illinois
$215K -$450K -80,175 -68%
ACP
50
Aviance Capital Partners
Florida
$210K +$41K +7,319 +24%
1
2
3 4 5

DSM Hedge Fund Activity: Q2 2025 in Review

92 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q2 2025, worth a combined $132M — down 17% from $158M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of DSM and 8 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 27 added.

The largest buyer was Saba Capital Management, adding an estimated $5.06M. The largest seller was Whitebox Advisors, cutting an estimated $2.12M.

  • 92 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q2 2025, down from 96 in Q1 2025.
  • Funds reported $132M of BNY Mellon Strategic Municipal Bond Fund stock for Q2 2025, down 17% quarter-over-quarter.
  • 8 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q2 2025 and 11 closed out, a net change of -3 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q2 2025 was Saba Capital Management, an estimated $5.06M added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q2 2025 was Whitebox Advisors, an estimated $2.12M sold.

Based on aggregated 13F filings for Q2 2025.