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DSM

BNY Mellon Strategic Municipal Bond Fund

39 hedge funds and large institutions have $15.1M invested in BNY Mellon Strategic Municipal Bond Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 8

0% more funds holding

Funds holding: 3939 (0)

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

0.62% less ownership

Funds ownership: 4.57%3.95% (-0.62%)

9% less capital invested

Capital invested by funds: $16.7M → $15.1M (-$1.53M)

Holders
39
Holders Change
Holders Change %
0%
% of All Funds
1.13%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
16
Reduced
8
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$2.12M -$483K -62,150 -19%
N
2
Nuveen
North Carolina
$1.7M +$39.7K +5,106 +2%
GC
3
Guggenheim Capital
Illinois
$1.44M -$222K -28,522 -13%
SIA
4
Sit Investment Associates
Minnesota
$1.16M -$1.71M -220,227 -60%
RJA
5
Raymond James & Associates
Florida
$1.04M +$34.3K +4,411 +3%
HighTower Advisors
6
HighTower Advisors
Illinois
$857K +$141K +18,203 +20%
Wells Fargo
7
Wells Fargo
California
$836K +$57.9K +7,455 +7%
AIG
8
American International Group
New York
$489K +$295K +37,900 +153%
LPL Financial
9
LPL Financial
California
$482K +$23.4K +3,014 +5%
PMG
10
ProVise Management Group
Florida
$459K +$189K +24,340 +71%
PPA
11
Parametric Portfolio Associates
Washington
$375K +$99.5K +12,807 +36%
EFS
12
Essex Financial Services
Connecticut
$353K -$45.5K -5,852 -11%
CIA
13
Capital Investment Advisors
Georgia
$345K +$23.3K +3,000 +7%
Invesco
14
Invesco
Georgia
$304K -$36.5K -4,700 -11%
CIBC Private Wealth Group
15
CIBC Private Wealth Group
Georgia
$298K +$296K +38,100 New
M&T Bank
16
M&T Bank
New York
$270K
MIG
17
Mariner Investment Group
New York
$233K -$495K -63,745 -68%
Bank of America
18
Bank of America
North Carolina
$230K -$12.4K -1,601 -5%
VanEck Associates
19
VanEck Associates
New York
$229K +$28.7K +3,690 +14%
HCM
20
Hollencrest Capital Management
California
$216K
YP
21
Yellowstone Partners
Idaho
$212K
U
22
UBS
Switzerland
$208K +$43.1K +5,550 +26%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$181K
HK
24
Horizon Kinetics
New York
$149K
OC
25
Oppenheimer & Co
New York
$135K +$135K +17,350 New

DSM Hedge Fund Activity: Q1 2014 in Review

39 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q1 2014, worth a combined $15.1M — down 9.2% from $16.7M a quarter earlier.

Fund positioning in DSM was balanced in Q1 2014: 4 funds opened new positions, 4 closed out, 16 added to existing stakes and 8 trimmed.

The largest buyer was American International Group, adding an estimated $295K. The largest seller was Sit Investment Associates, cutting an estimated $1.71M.

  • 39 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q1 2014, unchanged from Q4 2013.
  • Funds reported $15.1M of BNY Mellon Strategic Municipal Bond Fund stock for Q1 2014, down 9.2% quarter-over-quarter.
  • 4 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q1 2014 and 4 closed out, a net change of 0 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q1 2014 was American International Group, an estimated $295K added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q1 2014 was Sit Investment Associates, an estimated $1.71M sold.

Based on aggregated 13F filings for Q1 2014.