BNY Mellon Strategic Municipal Bond Fund
DSM
80 hedge funds and large institutions have $70.1M invested in BNY Mellon Strategic Municipal Bond Fund in 2021 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 10 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
10% more capital invested
Capital invested by funds: $63.5M → $70.1M (+$6.62M)
5% more funds holding
Funds holding: 76 → 80 (+4)
0.91% more ownership
Funds ownership: 16.1% → 17% (+0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.9M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.12M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$594K |
| 4 |
Morgan Stanley
New York
|
+$412K |
| 5 |
LPL Financial
San Diego,
California
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.13M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$880K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$745K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$549K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$432K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FF
76
FourThought Financial
Venice,
Florida
| $7K | – | – | – |
|
|
HI
77
Harbour Investments
Madison,
Wisconsin
| $6K | +$6.14K | +750 | New |
|
|
SWM
78
Spire Wealth Management
Mclean,
Virginia
| $4K | – | – | – |
|
|
CA
79
Centerpoint Advisors
Needham,
Massachusetts
| $1K | +$1.03K | +126 | New |
|
|
RCM
80
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$1.13M | -141,199 | Closed |
|
|
KAS
81
Kestra Advisory Services
Austin,
Texas
| – | -$745K | -93,362 | Closed |
|
|
6M
82
6 Meridian
Wichita,
Kansas
| – | -$352K | -44,105 | Closed |
|
|
EFS
83
Essex Financial Services
Essex,
Connecticut
| – | -$98K | -12,300 | Closed |
|
|
VF
84
Virtu Financial
New York
| – | -$91K | -11,423 | Closed |
|
85
Jane Street
New York
| – | -$89K | -11,170 | Closed |
|
86
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$81K | -10,114 | Closed |
|
|
WT
87
Washington Trust
Westerly,
Rhode Island
| – | -$60K | -7,500 | Closed |
|
|
WAM
88
Wolverine Asset Management
Chicago,
Illinois
| – | -$17K | -2,170 | Closed |
|
|
TRCT
89
Tower Research Capital (TRC)
New York
| – | -$1K | -90 | Closed |
|
DSM Hedge Fund Activity: Q4 2021 in Review
80 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q4 2021, worth a combined $70.1M — up 10% from $63.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DSM positions and 10 closed out — a net gain of 4 holders — while 21 added to existing stakes and 11 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $2.9M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.13M sold.
- 80 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q4 2021, up from 76 in Q3 2021.
- Funds reported $70.1M of BNY Mellon Strategic Municipal Bond Fund stock for Q4 2021, up 10% quarter-over-quarter.
- 14 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q4 2021 and 10 closed out, a net change of +4 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q4 2021 was Hennion & Walsh Asset Management, an estimated $2.9M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q4 2021 was Robinson Capital Management, an estimated $1.13M sold.
Based on aggregated 13F filings for Q4 2021.