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DSM

BNY Mellon Strategic Municipal Bond Fund

58 hedge funds and large institutions have $34.2M invested in BNY Mellon Strategic Municipal Bond Fund in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 14

6% more capital invested

Capital invested by funds: $32.1M → $34.2M (+$2.08M)

0.03% more ownership

Funds ownership: 6.51%6.54% (+0.03%)

9% less funds holding

Funds holding: 6458 (-6)

43% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 14

Holders
58
Holders Change
-6
Holders Change %
-9.38%
% of All Funds
1.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
16
Reduced
14
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$3.26M +$656K +78,806 +26%
GC
2
Guggenheim Capital
Illinois
$2.81M -$127K -15,251 -4%
Morgan Stanley
3
Morgan Stanley
New York
$2.52M +$166K +19,972 +7%
Ameriprise
4
Ameriprise
Minnesota
$2.19M +$219K +26,269 +11%
Bank of America
5
Bank of America
North Carolina
$1.75M +$674K +81,021 +64%
N
6
Nuveen
North Carolina
$1.73M
Baird Financial Group
7
Baird Financial Group
Wisconsin
$1.51M +$346K +41,554 +30%
CIA
8
Capital Investment Advisors
Georgia
$1.51M -$757 -91 -0.1%
RJA
9
Raymond James & Associates
Florida
$1.43M -$62.6K -7,523 -4%
VanEck Associates
10
VanEck Associates
New York
$1.25M -$129K -15,485 -9%
AWA
11
Arete Wealth Advisors
Illinois
$1.05M -$8.73K -1,049 -0.8%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$1.03M +$31.7K +3,813 +3%
LWAC
13
Laurel Wealth Advisors (California)
California
$941K +$430K +51,724 +86%
PMG
14
ProVise Management Group
Florida
$874K -$18.1K -2,175 -2%
COLIM
15
City of London Investment Management
United Kingdom
$778K
Wells Fargo
16
Wells Fargo
California
$710K +$96.3K +11,574 +16%
Invesco
17
Invesco
Georgia
$618K -$4.8K -577 -0.8%
LPL Financial
18
LPL Financial
California
$608K +$29.8K +3,587 +5%
WS
19
Wedbush Securities
California
$593K
SIA
20
Sit Investment Associates
Minnesota
$509K -$1.73M -207,383 -77%
BSW
21
Buckingham Strategic Wealth
Missouri
$382K +$378K +45,467 New
DAS
22
Dynamic Advisor Solutions
Arizona
$349K +$60.6K +7,282 +21%
NL
23
NWAM LLC
Washington
$338K +$335K +40,213 New
AG
24
Advisor Group
Arizona
$320K +$25K +3,005 +9%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$315K -$39.7K -4,773 -11%

DSM Hedge Fund Activity: Q3 2019 in Review

58 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q3 2019, worth a combined $34.2M — up 6.5% from $32.1M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of DSM and 8 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 16 added.

The largest buyer was Bank of America, adding an estimated $674K. The largest seller was Sit Investment Associates, cutting an estimated $1.73M.

  • 58 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q3 2019, down from 64 in Q2 2019.
  • Funds reported $34.2M of BNY Mellon Strategic Municipal Bond Fund stock for Q3 2019, up 6.5% quarter-over-quarter.
  • 8 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q3 2019 and 14 closed out, a net change of -6 holders.
  • The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q3 2019 was Bank of America, an estimated $674K added.
  • The largest BNY Mellon Strategic Municipal Bond Fund seller in Q3 2019 was Sit Investment Associates, an estimated $1.73M sold.

Based on aggregated 13F filings for Q3 2019.