BNY Mellon Strategic Municipal Bond Fund
DSM
80 hedge funds and large institutions have $70.1M invested in BNY Mellon Strategic Municipal Bond Fund in 2021 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 10 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
10% more capital invested
Capital invested by funds: $63.5M → $70.1M (+$6.62M)
5% more funds holding
Funds holding: 76 → 80 (+4)
0.91% more ownership
Funds ownership: 16.1% → 17% (+0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.9M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.12M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$594K |
| 4 |
Morgan Stanley
New York
|
+$412K |
| 5 |
LPL Financial
San Diego,
California
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.13M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$880K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$745K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$549K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$432K |
DSM Hedge Fund Activity: Q4 2021 in Review
80 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q4 2021, worth a combined $70.1M — up 10% from $63.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DSM positions and 10 closed out — a net gain of 4 holders — while 21 added to existing stakes and 11 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $2.9M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.13M sold.
- 80 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q4 2021, up from 76 in Q3 2021.
- Funds reported $70.1M of BNY Mellon Strategic Municipal Bond Fund stock for Q4 2021, up 10% quarter-over-quarter.
- 14 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q4 2021 and 10 closed out, a net change of +4 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q4 2021 was Hennion & Walsh Asset Management, an estimated $2.9M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q4 2021 was Robinson Capital Management, an estimated $1.13M sold.
Based on aggregated 13F filings for Q4 2021.