BNY Mellon Strategic Municipal Bond Fund
DSM
85 hedge funds and large institutions have $152M invested in BNY Mellon Strategic Municipal Bond Fund in 2025 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 15 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
8% more capital invested
Capital invested by funds: $141M → $152M (+$11.1M)
0.26% more ownership
Funds ownership: 48.76% → 49.01% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 91 → 85 (-6)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$4.09M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.51M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.67M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$1.2M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.4M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$1.98M |
| 3 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
-$1.91M |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.56M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.44M |
DSM Hedge Fund Activity: Q4 2025 in Review
85 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q4 2025, worth a combined $152M — up 7.9% from $141M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of DSM and 11 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 28 added.
The largest buyer was Bulldog Investors, adding an estimated $4.09M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.4M.
- 85 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q4 2025, down from 91 in Q3 2025.
- Funds reported $152M of BNY Mellon Strategic Municipal Bond Fund stock for Q4 2025, up 7.9% quarter-over-quarter.
- 11 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q4 2025 and 15 closed out, a net change of -4 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q4 2025 was Bulldog Investors, an estimated $4.09M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q4 2025 was Rivernorth Capital Management, an estimated $2.4M sold.
Based on aggregated 13F filings for Q4 2025.