BNY Mellon Strategic Municipal Bond Fund
DSM
39 hedge funds and large institutions have $16.7M invested in BNY Mellon Strategic Municipal Bond Fund in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
15% more funds holding
Funds holding: 34 → 39 (+5)
0% more capital invested
Capital invested by funds: $16.6M → $16.7M (+$71.4K)
0.09% more ownership
Funds ownership: 4.49% → 4.57% (+0.09%)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$814K |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$696K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$496K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$395K |
| 5 |
SG Americas Securities
New York
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.91M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$404K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$164K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$131K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$126K |
DSM Hedge Fund Activity: Q4 2013 in Review
39 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q4 2013, worth a combined $16.7M — up 0.43% from $16.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DSM positions and 6 closed out — a net gain of 5 holders — while 6 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $814K. The largest seller was Sit Investment Associates, cutting an estimated $1.91M.
- 39 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q4 2013, up from 34 in Q3 2013.
- Funds reported $16.7M of BNY Mellon Strategic Municipal Bond Fund stock for Q4 2013, up 0.43% quarter-over-quarter.
- 11 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q4 2013 and 6 closed out, a net change of +5 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q4 2013 was Morgan Stanley, an estimated $814K added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q4 2013 was Sit Investment Associates, an estimated $1.91M sold.
Based on aggregated 13F filings for Q4 2013.