BNY Mellon Strategic Municipal Bond Fund
DSM
52 hedge funds and large institutions have $32M invested in BNY Mellon Strategic Municipal Bond Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
2% more funds holding
Funds holding: 51 → 52 (+1)
0.33% more ownership
Funds ownership: 7.77% → 8.1% (+0.33%)
5% less capital invested
Capital invested by funds: $33.8M → $32M (-$1.81M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$2.61M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.24M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$769K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$232K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.9M |
| 2 |
VanEck Associates
New York
|
-$280K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$132K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$117K |
| 5 |
LNWWM
Laird Norton Wetherby Wealth Management
San Francisco,
California
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWA
51
Sutton Wealth Advisors
Tampa,
Florida
| $2.17K | – | – | – |
|
|
AF
52
Allworth Financial
Folsom,
California
| $2K | – | – | – |
|
|
CFD
53
Creative Financial Designs
Kokomo,
Indiana
| $1K | +$1.45K | +175 | New |
|
|
54
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$3.9M | -440,529 | Closed |
|
|
55
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$117K | -13,240 | Closed |
|
|
LNWWM
56
Laird Norton Wetherby Wealth Management
San Francisco,
California
| – | -$112K | -12,618 | Closed |
|
|
JFA
57
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$9K | -973 | Closed |
|
|
S
58
SignatureFD
Atlanta,
Georgia
| – | -$9K | -973 | Closed |
|
|
AG
59
Advisor Group
Phoenix,
Arizona
| – | -$5K | -548 | Closed |
|
DSM Hedge Fund Activity: Q4 2016 in Review
52 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q4 2016, worth a combined $32M — down 5.3% from $33.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DSM positions and 6 closed out — a net gain of 3 holders — while 13 added to existing stakes and 11 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.61M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $3.9M sold.
- 52 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q4 2016, up from 51 in Q3 2016.
- Funds reported $32M of BNY Mellon Strategic Municipal Bond Fund stock for Q4 2016, down 5.3% quarter-over-quarter.
- 9 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q4 2016 and 6 closed out, a net change of +3 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $2.61M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q4 2016 was Fiera Capital (Canada), an estimated $3.9M sold.
Based on aggregated 13F filings for Q4 2016.