BNY Mellon Strategic Municipal Bond Fund
DSM
59 hedge funds and large institutions have $32.5M invested in BNY Mellon Strategic Municipal Bond Fund in 2015 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
16% more funds holding
Funds holding: 51 → 59 (+8)
15% more capital invested
Capital invested by funds: $28.3M → $32.5M (+$4.19M)
0.73% more ownership
Funds ownership: 7.82% → 8.55% (+0.73%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$4.43M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.08M |
| 3 |
LPL Financial
San Diego,
California
|
+$699K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$633K |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSA
Liberty Street Advisors
New York
|
-$2.28M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$1.98M |
| 3 |
AIG
American International Group
New York
|
-$536K |
| 4 |
Morgan Stanley
New York
|
-$416K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$281K |
DSM Hedge Fund Activity: Q4 2015 in Review
59 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q4 2015, worth a combined $32.5M — up 15% from $28.3M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new DSM positions and 8 closed out — a net gain of 9 holders — while 16 added to existing stakes and 13 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $4.43M. The largest seller was Liberty Street Advisors, exiting entirely with an estimated $2.28M sold.
- 59 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q4 2015, up from 51 in Q3 2015.
- Funds reported $32.5M of BNY Mellon Strategic Municipal Bond Fund stock for Q4 2015, up 15% quarter-over-quarter.
- 17 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q4 2015 and 8 closed out, a net change of +9 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q4 2015 was Fiera Capital (Canada), an estimated $4.43M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q4 2015 was Liberty Street Advisors, an estimated $2.28M sold.
Based on aggregated 13F filings for Q4 2015.