BNY Mellon Strategic Municipal Bond Fund
DSM
71 hedge funds and large institutions have $69M invested in BNY Mellon Strategic Municipal Bond Fund in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
5% more capital invested
Capital invested by funds: $65.7M → $69M (+$3.36M)
3.48% more ownership
Funds ownership: 13.46% → 16.95% (+3.5%)
3% more funds holding
Funds holding: 69 → 71 (+2)
0% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.64M |
| 2 |
LPL Financial
San Diego,
California
|
+$723K |
| 3 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$700K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$622K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$404K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.39M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$794K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$725K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$586K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$197K |
DSM Hedge Fund Activity: Q2 2021 in Review
71 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q2 2021, worth a combined $69M — up 5.1% from $65.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DSM positions and 6 closed out — a net gain of 2 holders — while 20 added to existing stakes and 20 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $1.64M. The largest seller was Robinson Capital Management, cutting an estimated $2.39M.
- 71 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q2 2021, up from 69 in Q1 2021.
- Funds reported $69M of BNY Mellon Strategic Municipal Bond Fund stock for Q2 2021, up 5.1% quarter-over-quarter.
- 8 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q2 2021 and 6 closed out, a net change of +2 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q2 2021 was Hennion & Walsh Asset Management, an estimated $1.64M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q2 2021 was Robinson Capital Management, an estimated $2.39M sold.
Based on aggregated 13F filings for Q2 2021.