BNY Mellon Strategic Municipal Bond Fund
DSM
51 hedge funds and large institutions have $28.3M invested in BNY Mellon Strategic Municipal Bond Fund in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
9% more capital invested
Capital invested by funds: $26M → $28.3M (+$2.26M)
9% more funds holding
Funds holding: 47 → 51 (+4)
0.46% more ownership
Funds ownership: 7.35% → 7.82% (+0.46%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Samson Capital Advisors
New York
|
+$602K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$424K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$402K |
| 4 |
LSA
Liberty Street Advisors
New York
|
+$279K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$171K |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$157K |
| 3 |
Morgan Stanley
New York
|
-$124K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$110K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$84K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OC
51
Oppenheimer & Co
New York
| – | -$110K | -14,310 | Closed |
|
|
52
Koshinski Asset Management
Decatur,
Illinois
| – | -$84K | -11,000 | Closed |
|
|
HCA
53
Harbour Capital Advisors
Tysons Corner,
Virginia
| – | -$78K | -10,200 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | -$20K | -2,546 | Closed |
|
55
Citigroup
New York
| – | +$162 | +21 | +2,100% |
|
DSM Hedge Fund Activity: Q3 2015 in Review
51 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q3 2015, worth a combined $28.3M — up 8.7% from $26M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DSM positions and 4 closed out — a net gain of 4 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Samson Capital Advisors, adding an estimated $602K. The largest seller was American International Group, cutting an estimated $171K.
- 51 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q3 2015, up from 47 in Q2 2015.
- Funds reported $28.3M of BNY Mellon Strategic Municipal Bond Fund stock for Q3 2015, up 8.7% quarter-over-quarter.
- 8 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q3 2015 and 4 closed out, a net change of +4 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q3 2015 was Samson Capital Advisors, an estimated $602K added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q3 2015 was American International Group, an estimated $171K sold.
Based on aggregated 13F filings for Q3 2015.