BNY Mellon Strategic Municipal Bond Fund
DSM
82 hedge funds and large institutions have $53.3M invested in BNY Mellon Strategic Municipal Bond Fund in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 9 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
0.18% more ownership
Funds ownership: 18.87% → 19.05% (+0.18%)
2% less funds holding
Funds holding: 84 → 82 (-2)
8% less capital invested
Capital invested by funds: $58.1M → $53.3M (-$4.77M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.49M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.27M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$812K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$559K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$303K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.82M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.12M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$851K |
| 4 |
Morgan Stanley
New York
|
-$783K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$313K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FF
76
FourThought Financial
Venice,
Florida
| $5K | – | – | – |
|
|
HI
77
Harbour Investments
Madison,
Wisconsin
| $5K | – | – | – |
|
|
HBW
78
Hazlett, Burt & Watson
Wheeling,
West Virginia
| $4K | – | – | – |
|
|
MWM
79
Mascoma Wealth Management
Hanover,
New Hampshire
| $3K | – | – | – |
|
|
80
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$851K | -136,841 | Closed |
|
|
VF
81
Virtu Financial
New York
| – | -$157K | -25,178 | Closed |
|
|
VCM
82
Virtue Capital Management
Brentwood,
Tennessee
| – | -$84K | -13,434 | Closed |
|
83
Citadel Advisors
Miami,
Florida
| – | -$78K | -12,548 | Closed |
|
|
CF
84
Centaurus Financial
Anaheim,
California
| – | -$76K | -12,250 | Closed |
|
|
BCM
85
Brookstone Capital Management
Wheaton,
Illinois
| – | -$78K | -12,077 | Closed |
|
|
AW
86
ACG Wealth
Atlanta,
Georgia
| – | -$16K | -2,600 | Closed |
|
|
SWM
87
Spire Wealth Management
Mclean,
Virginia
| – | -$3K | -500 | Closed |
|
88
JP Morgan Chase
New York
| – | +$64 | +10 | New |
|
DSM Hedge Fund Activity: Q3 2022 in Review
82 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q3 2022, worth a combined $53.3M — down 8.2% from $58.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DSM and 7 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 29 added.
The largest buyer was Ameriprise, adding an estimated $1.49M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.82M.
- 82 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q3 2022, down from 84 in Q2 2022.
- Funds reported $53.3M of BNY Mellon Strategic Municipal Bond Fund stock for Q3 2022, down 8.2% quarter-over-quarter.
- 7 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q3 2022 and 9 closed out, a net change of -2 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q3 2022 was Ameriprise, an estimated $1.49M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q3 2022 was Rivernorth Capital Management, an estimated $1.82M sold.
Based on aggregated 13F filings for Q3 2022.