BNY Mellon Strategic Municipal Bond Fund
DSM
96 hedge funds and large institutions have $158M invested in BNY Mellon Strategic Municipal Bond Fund in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 37 increasing their positions, 26 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
42% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 26
29% more capital invested
Capital invested by funds: $122M → $158M (+$35.6M)
3.09% more ownership
Funds ownership: 42.6% → 45.69% (+3.1%)
7% less funds holding
Funds holding: 103 → 96 (-7)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
+$3.79M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.51M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.33M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$806K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$779K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$963K |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$729K |
| 3 |
VanEck Associates
New York
|
-$492K |
| 4 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$291K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$265K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Nomura Holdings
Tokyo,
Japan
| – | -$58.1K | -10,000 | Closed |
|
|
FFA
102
Farther Finance Advisors
San Francisco,
California
| – | -$56.9K | -9,800 | Closed |
|
|
EC
103
Elequin Capital
New York
| – | -$36.2K | -6,232 | Closed |
|
|
T
104
Transce3nd
Kyle,
Texas
| – | -$22.6K | -3,884 | Closed |
|
105
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$13K | -2,187 | Closed |
|
106
Bessemer Group
Woodbridge,
New Jersey
| – | -$9K | -1,528 | Closed |
|
|
TRCT
107
Tower Research Capital (TRC)
New York
| – | -$924 | -159 | Closed |
|
108
Fidelity Investments
Boston,
Massachusetts
| – | -$6 | -1 | Closed |
|
DSM Hedge Fund Activity: Q1 2025 in Review
96 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q1 2025, worth a combined $158M — up 29% from $122M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DSM and 6 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 37 added.
The largest buyer was Pathstone Holdings, adding an estimated $3.79M. The largest seller was Morgan Stanley, cutting an estimated $963K.
- 96 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q1 2025, down from 103 in Q4 2024.
- Funds reported $158M of BNY Mellon Strategic Municipal Bond Fund stock for Q1 2025, up 29% quarter-over-quarter.
- 6 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q1 2025 and 12 closed out, a net change of -6 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q1 2025 was Pathstone Holdings, an estimated $3.79M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q1 2025 was Morgan Stanley, an estimated $963K sold.
Based on aggregated 13F filings for Q1 2025.