BNY Mellon Strategic Municipal Bond Fund
DSM
53 hedge funds and large institutions have $33.2M invested in BNY Mellon Strategic Municipal Bond Fund in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
7% more capital invested
Capital invested by funds: $31.1M → $33.2M (+$2.07M)
4% more funds holding
Funds holding: 51 → 53 (+2)
0.31% more ownership
Funds ownership: 7.69% → 7.99% (+0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$966K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$467K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$399K |
| 4 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$374K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$212K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$765K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$742K |
| 3 |
LPL Financial
San Diego,
California
|
-$632K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$254K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$203K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
51
Advisor Group
Phoenix,
Arizona
| $10K | +$9.96K | +1,180 | New |
|
|
WAM
52
Watermark Asset Management
San Ramon,
California
| $6K | – | – | – |
|
|
SWA
53
Sutton Wealth Advisors
Tampa,
Florida
| $2.3K | – | – | – |
|
|
SPIA
54
Steward Partners Investment Advisory
New York
| $1K | – | – | – |
|
|
55
HighTower Advisors
Chicago,
Illinois
| – | -$742K | -89,904 | Closed |
|
|
56
LPL Financial
San Diego,
California
| – | -$632K | -75,641 | Closed |
|
|
FAAS
57
First Allied Advisory Services
San Diego,
California
| – | -$108K | -13,000 | Closed |
|
|
HCA
58
Harbour Capital Advisors
Tysons Corner,
Virginia
| – | -$33.1K | -4,000 | Closed |
|
|
AAP
59
Arax Advisory Partners
Denver,
Colorado
| – | -$2K | -356 | Closed |
|
|
CFD
60
Creative Financial Designs
Kokomo,
Indiana
| – | -$1K | -175 | Closed |
|
DSM Hedge Fund Activity: Q2 2017 in Review
53 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q2 2017, worth a combined $33.2M — up 6.7% from $31.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DSM positions and 6 closed out — a net gain of 2 holders — while 15 added to existing stakes and 10 trimmed.
The largest buyer was Invesco, adding an estimated $966K. The largest seller was Sit Investment Associates, cutting an estimated $765K.
- 53 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q2 2017, up from 51 in Q1 2017.
- Funds reported $33.2M of BNY Mellon Strategic Municipal Bond Fund stock for Q2 2017, up 6.7% quarter-over-quarter.
- 8 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q2 2017 and 6 closed out, a net change of +2 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q2 2017 was Invesco, an estimated $966K added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q2 2017 was Sit Investment Associates, an estimated $765K sold.
Based on aggregated 13F filings for Q2 2017.