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DSM

BNY Mellon Strategic Municipal Bond Fund

97 hedge funds and large institutions have $107M invested in BNY Mellon Strategic Municipal Bond Fund in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 24 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

21% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 24

15% more capital invested

Capital invested by funds: $93.8M → $107M (+$13.6M)

5% more funds holding

Funds holding: 9297 (+5)

4.2% more ownership

Funds ownership: 32.41%36.61% (+4.2%)

Holders
97
Holders Change
+5
Holders Change %
+5.43%
% of All Funds
1.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
29
Reduced
24
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WFA
76
WMG Financial Advisors
Tennessee
$86.8K +$83.8K +14,620 New
FPCP
77
Fort Point Capital Partners
California
$84.4K +$8.28K +1,446 +11%
WS
78
Wedbush Securities
California
$80K
ATWA
79
Arbor Trust Wealth Advisors
Michigan
$77.5K +$74.5K +13,000 New
CCFM
80
Clear Creek Financial Management
Washington
$70.7K
WAM
81
Wolverine Asset Management
Illinois
$66.7K +$44.3K +7,732 +221%
Mariner
82
Mariner
Kansas
$61.4K -$54.2K -9,455 -48%
WAP
83
Wealthcare Advisory Partners
Pennsylvania
$60.2K
SMC
84
Smith, Moore & Co
Missouri
$59.4K -$28.6K -5,000 -33%
MC
85
Moors & Cabot
Massachusetts
$59.4K
US Bancorp
86
US Bancorp
Minnesota
$41.6K
GRP
87
Global Retirement Partners
California
$41.6K +$40.1K +7,000 New
HCM
88
Hollencrest Capital Management
California
$41.4K
SPIA
89
Steward Partners Investment Advisory
New York
$30.1K
GJWM
90
Gilliland Jeter Wealth Management
Arkansas
$26.5K
LIA
91
Luken Investment Analytics
Tennessee
$22.3K +$21.5K +3,751 New
PWMG
92
Prestige Wealth Management Group
New Jersey
$8.6K
BFP
93
Briaud Financial Planning
Texas
$5K
Bessemer Group
94
Bessemer Group
New Jersey
$4K -$137 -24 -3%
MWM
95
Mascoma Wealth Management
New Hampshire
$3.36K
Citigroup
96
Citigroup
New York
$6
KWA
97
Kingswood Wealth Advisors
California
-$182K -31,000 Closed
IAA
98
Ironsides Asset Advisors
North Carolina
-$99K -16,889 Closed
CBFP
99
Cedar Brook Financial Partners
Ohio
-$92.4K -15,768 Closed
MFG
100
MidWestOne Financial Group
Iowa
-$71.6K -12,214 Closed

DSM Hedge Fund Activity: Q2 2024 in Review

97 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q2 2024, worth a combined $107M — up 15% from $93.8M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new DSM positions and 7 closed out — a net gain of 6 holders — while 29 added to existing stakes and 24 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $5.64M. The largest seller was Logan Stone Capital, cutting an estimated $1.15M.

  • 97 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q2 2024, up from 92 in Q1 2024.
  • Funds reported $107M of BNY Mellon Strategic Municipal Bond Fund stock for Q2 2024, up 15% quarter-over-quarter.
  • 13 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q2 2024 and 7 closed out, a net change of +6 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q2 2024 was Saba Capital Management, an estimated $5.64M added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q2 2024 was Logan Stone Capital, an estimated $1.15M sold.

Based on aggregated 13F filings for Q2 2024.