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DSM

BNY Mellon Strategic Municipal Bond Fund
DSM

71 hedge funds and large institutions have $69M invested in BNY Mellon Strategic Municipal Bond Fund in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

5% more capital invested

Capital invested by funds: $65.7M → $69M (+$3.36M)

3.48% more ownership

Funds ownership: 13.46% → 16.95% (+3.5%)

3% more funds holding

Funds holding: 69 → 71 (+2)

0% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 20

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
71
Holders Change
+2
Holders Change %
+2.9%
% of All Funds
1.24%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
8
Increased
20
Reduced
20
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
HWAM
Hennion & Walsh Asset Management
New Jersey
+$1.64M
2
LPL Financial
LPL Financial
California
+$723K
3
CPIG
Chicago Partners Investment Group
Illinois
+$700K
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$622K
5
GC
Guggenheim Capital
Illinois
+$404K

Top Sellers

Rank Fund Capital Flow
1
RCM
Robinson Capital Management
Michigan
-$2.39M
2
Bank of America
Bank of America
North Carolina
-$794K
3
PPA
Parametric Portfolio Associates
Washington
-$725K
4
BFEC
Benjamin F. Edwards & Company
Missouri
-$586K
5
SIA
Sit Investment Associates
Minnesota
-$197K
Name Holding Trade Value Shares
Change 		Change in
Stake
CF
51
Centaurus Financial
California
$102K +$100K +12,350 New
MFG
52
MidWestOne Financial Group
Iowa
$100K – – –
CCFM
53
Clear Creek Financial Management
Washington
$99K +$96.9K +11,970 New
BWA
54
BDO Wealth Advisors
Florida
$97K -$95.9K -11,841 Closed
Susquehanna International Group
55
Susquehanna International Group
Pennsylvania
$97K +$11.8K +1,463 +14%
AAS
56
Avantax Advisory Services
Texas
$87K – – –
IAMOG
57
Investors Asset Management of Georgia
Georgia
$82K -$32.4K -4,000 -29%
Fifth Third Bancorp
58
Fifth Third Bancorp
Ohio
$69K – – –
WT
59
Washington Trust
Rhode Island
$62K – – –
PNC Financial Services Group
60
PNC Financial Services Group
Pennsylvania
$42K – – –
APA
61
American Portfolios Advisors
New York
$41.1K – – –
AWM
62
Accel Wealth Management
Iowa
$33K – – –
Royal Bank of Canada
63
Royal Bank of Canada
Ontario, Canada
$22K -$8.8K -1,087 -28%
BFEC
64
Benjamin F. Edwards & Company
Missouri
$21K -$586K -72,377 -97%
SSB
65
Sandy Spring Bank
Maryland
$18K +$202 +25 +1%
PWMG
66
Prestige Wealth Management Group
New Jersey
$12K – – –
ASN
67
Advisory Services Network
Georgia
$9K +$9.3K +1,148 New
TAM
68
Tucker Asset Management
Colorado
$8.33K – – –
FF
69
FourThought Financial
Florida
$6K – – –
SWM
70
Spire Wealth Management
Virginia
$4K -$17.4K -2,150 -81%
Citigroup
71
Citigroup
New York
$3K – – –
MAFM
72
Mid Atlantic Financial Management
Pennsylvania
– -$145K -18,500 Closed
MHS
73
M Holdings Securities
Oregon
– -$114K -14,613 Closed
DADC
74
D.A. Davidson & Co
Montana
– -$103K -13,211 Closed
AO
75
Advisor OS
Illinois
– -$93K -11,899 Closed
1 2
3
4

DSM Hedge Fund Activity: Q2 2021 in Review

71 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q2 2021, worth a combined $69M — up 5.1% from $65.7M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new DSM positions and 6 closed out — a net gain of 2 holders — while 20 added to existing stakes and 20 trimmed.

The largest buyer was Hennion & Walsh Asset Management, adding an estimated $1.64M. The largest seller was Robinson Capital Management, cutting an estimated $2.39M.

  • 71 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q2 2021, up from 69 in Q1 2021.
  • Funds reported $69M of BNY Mellon Strategic Municipal Bond Fund stock for Q2 2021, up 5.1% quarter-over-quarter.
  • 8 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q2 2021 and 6 closed out, a net change of +2 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q2 2021 was Hennion & Walsh Asset Management, an estimated $1.64M added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q2 2021 was Robinson Capital Management, an estimated $2.39M sold.

Based on aggregated 13F filings for Q2 2021.