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DSM

BNY Mellon Strategic Municipal Bond Fund
DSM

71 hedge funds and large institutions have $43.3M invested in BNY Mellon Strategic Municipal Bond Fund in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

9% more funds holding

Funds holding: 65 → 71 (+6)

1% more capital invested

Capital invested by funds: $42.9M → $43.3M (+$445K)

0.04% more ownership

Funds ownership: 9.51% → 9.55% (+0.04%)

32% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 22

Holders
71
Holders Change
+6
Holders Change %
+9.23%
% of All Funds
1.43%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
13
Increased
15
Reduced
22
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CFB
Cullen/Frost Bankers
Texas
+$749K
2
MIG
Mariner Investment Group
New York
+$637K
3
LPL Financial
LPL Financial
California
+$605K
4
6M
6 Meridian
Kansas
+$380K
5
RCM
Robinson Capital Management
Michigan
+$363K

Top Sellers

Rank Fund Capital Flow
1
AWA
Arete Wealth Advisors
Illinois
-$991K
2
SIA
Sit Investment Associates
Minnesota
-$695K
3
GC
Guggenheim Capital
Illinois
-$529K
4
AA
AQR Arbitrage
Connecticut
-$309K
5
1WA
180 Wealth Advisors
Washington
-$164K
Name Holding Trade Value Shares
Change 		Change in
Stake
ICMP
51
Integrated Capital Management (Pennsylvania)
Pennsylvania
$102K +$105K +13,990 New
Cambridge Investment Research Advisors
52
Cambridge Investment Research Advisors
Iowa
$101K +$104K +13,888 New
DADC
53
D.A. Davidson & Co
Montana
$96K -$70.5K -9,409 -42%
NSIM
54
North Star Investment Management
Illinois
$96K – – –
MFG
55
MidWestOne Financial Group
Iowa
$87K +$89.2K +11,899 New
WT
56
Washington Trust
Rhode Island
$55K +$56.2K +7,500 New
PNC Financial Services Group
57
PNC Financial Services Group
Pennsylvania
$54K -$31.8K -4,238 -36%
FHA
58
Flagship Harbor Advisors
Massachusetts
$46K – – –
APA
59
American Portfolios Advisors
New York
$36.5K – – –
SPIA
60
Steward Partners Investment Advisory
New York
$30K – – –
GSWM
61
Golden State Wealth Management
California
$30K +$31K +4,133 New
Royal Bank of Canada
62
Royal Bank of Canada
Ontario, Canada
$17K – – –
Northwestern Mutual Wealth Management
63
Northwestern Mutual Wealth Management
Wisconsin
$16K +$15.2K +2,022 +1,006%
SSB
64
Sandy Spring Bank
Maryland
$15K -$29.4K -3,922 -65%
VFA
65
Valeo Financial Advisors
Indiana
$15K +$15K +2,000 New
BFC
66
Bedel Financial Consulting
Indiana
$13K – – –
PWMG
67
Prestige Wealth Management Group
New Jersey
$11K – – –
FFA
68
Founders Financial Alliance
North Carolina
$10K +$10K +1,341 New
ASN
69
Advisory Services Network
Georgia
$8K +$8.6K +1,148 New
PAM
70
Panagora Asset Management
Massachusetts
$5K – – –
Citigroup
71
Citigroup
New York
$3K +$2.87K +383 +38,300%
AWA
72
Arete Wealth Advisors
Illinois
– -$991K -135,317 Closed
DDPIC
73
Deroy & Devereaux Private Investment Counsel
Michigan
– -$163K -22,525 Closed
1WA
74
180 Wealth Advisors
Washington
– -$164K -20,129 Closed
PA
75
Parallel Advisors
California
– -$82.4K -11,000 Closed
1 2
3
4

DSM Hedge Fund Activity: Q3 2020 in Review

71 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q3 2020, worth a combined $43.3M — up 1% from $42.9M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new DSM positions and 7 closed out — a net gain of 6 holders — while 15 added to existing stakes and 22 trimmed.

The largest buyer was Cullen/Frost Bankers, opening a new position worth an estimated $749K. The largest seller was Arete Wealth Advisors, exiting entirely with an estimated $991K sold.

  • 71 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q3 2020, up from 65 in Q2 2020.
  • Funds reported $43.3M of BNY Mellon Strategic Municipal Bond Fund stock for Q3 2020, up 1% quarter-over-quarter.
  • 13 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q3 2020 and 7 closed out, a net change of +6 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q3 2020 was Cullen/Frost Bankers, an estimated $749K added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q3 2020 was Arete Wealth Advisors, an estimated $991K sold.

Based on aggregated 13F filings for Q3 2020.