BNY Mellon Strategic Municipal Bond Fund
DSM
76 hedge funds and large institutions have $63.5M invested in BNY Mellon Strategic Municipal Bond Fund in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
7% more funds holding
Funds holding: 71 → 76 (+5)
0.85% less ownership
Funds ownership: 16.95% → 16.1% (-0.85%)
8% less capital invested
Capital invested by funds: $69M → $63.5M (-$5.51M)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.26M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.08M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$885K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$779K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.76M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.99M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$739K |
| 4 |
OWA
Opal Wealth Advisors
Jericho,
New York
|
-$593K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$518K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACA
76
Ackerman Capital Advisors
Dallas,
Texas
| – | -$102K | -12,350 | Closed |
|
77
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$69K | -8,390 | Closed |
|
|
ASN
78
Advisory Services Network
Atlanta,
Georgia
| – | -$9K | -1,148 | Closed |
|
79
Citigroup
New York
| – | -$3.2K | -383 | -100% |
|
DSM Hedge Fund Activity: Q3 2021 in Review
76 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q3 2021, worth a combined $63.5M — down 8% from $69M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DSM positions and 4 closed out — a net gain of 5 holders — while 18 added to existing stakes and 22 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.26M. The largest seller was Robinson Capital Management, cutting an estimated $3.76M.
- 76 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q3 2021, up from 71 in Q2 2021.
- Funds reported $63.5M of BNY Mellon Strategic Municipal Bond Fund stock for Q3 2021, down 8% quarter-over-quarter.
- 9 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q3 2021 and 4 closed out, a net change of +5 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q3 2021 was Citadel Advisors, an estimated $1.26M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q3 2021 was Robinson Capital Management, an estimated $3.76M sold.
Based on aggregated 13F filings for Q3 2021.