BNY Mellon Strategic Municipal Bond Fund
DSM
65 hedge funds and large institutions have $34.4M invested in BNY Mellon Strategic Municipal Bond Fund in 2019 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
12% more funds holding
Funds holding: 58 → 65 (+7)
0% more capital invested
Capital invested by funds: $34.2M → $34.4M (+$152K)
0.29% more ownership
Funds ownership: 6.54% → 6.83% (+0.29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$889K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$794K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$445K |
| 4 |
Millennium Management
New York
|
+$409K |
| 5 |
Morgan Stanley
New York
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$778K |
| 2 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
-$380K |
| 3 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$338K |
| 4 |
LPL Financial
San Diego,
California
|
-$264K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$205K |
DSM Hedge Fund Activity: Q4 2019 in Review
65 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q4 2019, worth a combined $34.4M — up 0.44% from $34.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DSM positions and 4 closed out — a net gain of 7 holders — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $889K. The largest seller was City of London Investment Management, exiting entirely with an estimated $778K sold.
- 65 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q4 2019, up from 58 in Q3 2019.
- Funds reported $34.4M of BNY Mellon Strategic Municipal Bond Fund stock for Q4 2019, up 0.44% quarter-over-quarter.
- 11 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q4 2019 and 4 closed out, a net change of +7 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q4 2019 was Robinson Capital Management, an estimated $889K added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q4 2019 was City of London Investment Management, an estimated $778K sold.
Based on aggregated 13F filings for Q4 2019.