BNY Mellon Strategic Municipal Bond Fund
DSM
87 hedge funds and large institutions have $66.1M invested in BNY Mellon Strategic Municipal Bond Fund in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 7 closing their positions.
111% more capital inflows, than outflows
Capital inflows: $11.6M | Capital outflows: $5.51M
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
9% more funds holding
Funds holding: 80 → 87 (+7)
2.17% more ownership
Funds ownership: 21.3% → 23.47% (+2.2%)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.68M |
| 2 |
Capital Investment Advisors
Atlanta,
Georgia
|
+$1.48M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
+$1.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$918K |
| 5 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$582K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Woodline Partners
San Francisco,
California
|
-$2.4M |
| 2 |
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$514K |
| 3 |
AE Wealth Management
Topeka,
Kansas
|
-$342K |
| 4 |
Ackerman Capital Advisors
Dallas,
Texas
|
-$280K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$231K |
DSM Hedge Fund Activity: Q2 2023 in Review
87 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q2 2023, worth a combined $66.1M — up 5.1% from $62.9M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DSM positions and 7 closed out — a net gain of 7 holders — while 23 added to existing stakes and 27 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.68M. The largest seller was Woodline Partners, cutting an estimated $2.4M.
- 87 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q2 2023, up from 80 in Q1 2023.
- Funds reported $66.1M of BNY Mellon Strategic Municipal Bond Fund stock for Q2 2023, up 5.1% quarter-over-quarter.
- 14 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q2 2023 and 7 closed out, a net change of +7 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q2 2023 was Rivernorth Capital Management, an estimated $3.68M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q2 2023 was Woodline Partners, an estimated $2.4M sold.
Based on aggregated 13F filings for Q2 2023.