BNY Mellon Strategic Municipal Bond Fund
DSM
98 hedge funds and large institutions have $115M invested in BNY Mellon Strategic Municipal Bond Fund in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
7% more capital invested
Capital invested by funds: $107M → $115M (+$7.67M)
1% more funds holding
Funds holding: 97 → 98 (+1)
0.81% more ownership
Funds ownership: 36.61% → 37.42% (+0.81%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
+$2.6M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.1M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.22M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.18M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$902K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$3.32M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.83M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$965K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$677K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$536K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CRC
101
Curi RMB Capital
Chicago,
Illinois
| – | -$536K | -90,296 | Closed |
|
|
LCM
102
Landscape Capital Management
Englewood,
New Jersey
| – | -$481K | -81,036 | Closed |
|
103
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$284K | -47,768 | Closed |
|
|
AWM
104
AE Wealth Management
Topeka,
Kansas
| – | -$158K | -26,550 | Closed |
|
|
RZH
105
Relyea Zuckerberg Hanson
Stamford,
Connecticut
| – | -$142K | -23,953 | Closed |
|
106
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$124K | -20,890 | Closed |
|
|
FPCP
107
Fort Point Capital Partners
San Francisco,
California
| – | -$84.4K | -14,204 | Closed |
|
|
LIA
108
Luken Investment Analytics
Brentwood,
Tennessee
| – | -$22.3K | -3,751 | Closed |
|
DSM Hedge Fund Activity: Q3 2024 in Review
98 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q3 2024, worth a combined $115M — up 7.1% from $107M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DSM positions and 11 closed out — a net gain of 3 holders — while 30 added to existing stakes and 24 trimmed.
The largest buyer was Pathstone Holdings, adding an estimated $2.6M. The largest seller was Almitas Capital, exiting entirely with an estimated $3.32M sold.
- 98 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q3 2024, up from 97 in Q2 2024.
- Funds reported $115M of BNY Mellon Strategic Municipal Bond Fund stock for Q3 2024, up 7.1% quarter-over-quarter.
- 14 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q3 2024 and 11 closed out, a net change of +3 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q3 2024 was Pathstone Holdings, an estimated $2.6M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q3 2024 was Almitas Capital, an estimated $3.32M sold.
Based on aggregated 13F filings for Q3 2024.