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DSM

BNY Mellon Strategic Municipal Bond Fund

76 hedge funds and large institutions have $41.3M invested in BNY Mellon Strategic Municipal Bond Fund in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 23 increasing their positions, 18 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 12

28% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 18

9% more funds holding

Funds holding: 7076 (+6)

0.53% more ownership

Funds ownership: 11.44%11.98% (+0.53%)

44% less capital invested

Capital invested by funds: $73.2M → $41.3M (-$31.9M)

Holders
76
Holders Change
+6
Holders Change %
+8.57%
% of All Funds
1.69%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
23
Reduced
18
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Robinson Capital Management
Michigan
$5.52M -$1.16M -164,781 -17%
AWA
2
Arete Wealth Advisors
Illinois
$3.32M +$134K +19,098 +4%
GC
3
Guggenheim Capital
Illinois
$2.3M -$1.89M -268,767 -45%
SIA
4
Sit Investment Associates
Minnesota
$2.06M +$1.81M +257,946 +698%
WAM
5
Wolverine Asset Management
Illinois
$1.91M +$784K +111,641 +69%
UBS Group
6
UBS Group
Switzerland
$1.75M -$26K -3,702 -1%
RCM
7
Rivernorth Capital Management
Florida
$1.54M +$1.56M +222,363 New
Morgan Stanley
8
Morgan Stanley
New York
$1.51M -$1.38M -195,763 -48%
N
9
Nuveen
North Carolina
$1.44M +$145K +20,613 +11%
WAM
10
Wakefield Asset Management
Colorado
$1.42M +$703K +99,987 +97%
Ameriprise
11
Ameriprise
Minnesota
$1.41M -$716K -101,863 -33%
VanEck Associates
12
VanEck Associates
New York
$1.23M +$67.6K +9,626 +6%
DFG
13
Delphi Financial Group
Delaware
$1.15M +$1.16M +164,776 New
LCM
14
Landscape Capital Management
New Jersey
$1.06M +$573K +81,615 +117%
CIA
15
Capital Investment Advisors
Georgia
$969K +$424K +60,368 +77%
RJA
16
Raymond James & Associates
Florida
$967K -$109K -15,465 -10%
PMG
17
ProVise Management Group
Florida
$706K -$52.8K -7,520 -7%
Wells Fargo
18
Wells Fargo
California
$680K -$14K -1,997 -2%
Bank of America
19
Bank of America
North Carolina
$660K +$126K +17,946 +23%
AA
20
AQR Arbitrage
Connecticut
$657K +$449K +63,934 +211%
COLIM
21
City of London Investment Management
United Kingdom
$644K
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$560K +$91.2K +12,975 +19%
Invesco
23
Invesco
Georgia
$557K -$122K -17,335 -18%
Baird Financial Group
24
Baird Financial Group
Wisconsin
$510K +$514K +73,130 New
LPL Financial
25
LPL Financial
California
$476K -$76.7K -10,921 -14%

DSM Hedge Fund Activity: Q4 2018 in Review

76 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q4 2018, worth a combined $41.3M — down 44% from $73.2M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new DSM positions and 12 closed out — a net gain of 6 holders — while 23 added to existing stakes and 18 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $1.81M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.93M sold.

  • 76 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q4 2018, up from 70 in Q3 2018.
  • Funds reported $41.3M of BNY Mellon Strategic Municipal Bond Fund stock for Q4 2018, down 44% quarter-over-quarter.
  • 18 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q4 2018 and 12 closed out, a net change of +6 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q4 2018 was Sit Investment Associates, an estimated $1.81M added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q4 2018 was Laurion Capital Management, an estimated $1.93M sold.

Based on aggregated 13F filings for Q4 2018.