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DSM

BNY Mellon Strategic Municipal Bond Fund
DSM

58 hedge funds and large institutions have $30.8M invested in BNY Mellon Strategic Municipal Bond Fund in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 8

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

9% more funds holding

Funds holding: 53 → 58 (+5)

0.19% less ownership

Funds ownership: 7.69% → 7.5% (-0.19%)

3% less capital invested

Capital invested by funds: $31.9M → $30.8M (-$1.05M)

Holders
58
Holders Change
+5
Holders Change %
+9.43%
% of All Funds
1.32%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
18
Reduced
8
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
+$551K
2
EFS
Essex Financial Services
Connecticut
+$262K
3
AWA
Arete Wealth Advisors
Illinois
+$248K
4
Morgan Stanley
Morgan Stanley
New York
+$219K
5
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$159K

Top Sellers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
-$2.31M
2
NPC
National Planning Corporation
California
-$260K
3
DA
Doliver Advisors
Texas
-$143K
4
LCM
Laurion Capital Management
New York
-$124K
5
Invesco
Invesco
Georgia
-$57.9K
Name Holding Trade Value Shares
Change 		Change in
Stake
AG
51
Advisor Group
Arizona
$10K – – –
Bessemer Group
52
Bessemer Group
New Jersey
$7K -$54.1K -6,389 -89%
ASN
53
Advisory Services Network
Georgia
$7K -$40.2K -4,755 -86%
WAM
54
Watermark Asset Management
California
$6K – – –
SWA
55
Sutton Wealth Advisors
Florida
$2.31K – – –
CFD
56
Creative Financial Designs
Indiana
$2K +$1.58K +187 New
NPC
57
National Planning Corporation
California
– -$260K -30,749 Closed
DA
58
Doliver Advisors
Texas
– -$143K -16,854 Closed
LCM
59
Laurion Capital Management
New York
– -$124K -14,587 Closed
PSC
60
Prentiss Smith & Co
Vermont
– -$13K -1,574 Closed
IA
61
IFP Advisors
Florida
– -$13K -1,500 Closed
Northwestern Mutual Wealth Management
62
Northwestern Mutual Wealth Management
Wisconsin
– -$12K -1,450 Closed
KJWM
63
Kiley Juergens Wealth Management
Washington
– +$118 +14 New
AWM
64
Aevitas Wealth Management
Massachusetts
– +$491 +58 New
1 2
3

DSM Hedge Fund Activity: Q4 2017 in Review

58 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q4 2017, worth a combined $30.8M — down 3.3% from $31.9M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new DSM positions and 6 closed out — a net gain of 5 holders — while 18 added to existing stakes and 8 trimmed.

The largest buyer was LPL Financial, opening a new position worth an estimated $551K. The largest seller was Guggenheim Capital, cutting an estimated $2.31M.

  • 58 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q4 2017, up from 53 in Q3 2017.
  • Funds reported $30.8M of BNY Mellon Strategic Municipal Bond Fund stock for Q4 2017, down 3.3% quarter-over-quarter.
  • 11 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q4 2017 and 6 closed out, a net change of +5 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q4 2017 was LPL Financial, an estimated $551K added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q4 2017 was Guggenheim Capital, an estimated $2.31M sold.

Based on aggregated 13F filings for Q4 2017.