BNY Mellon Strategic Municipal Bond Fund
DSM
88 hedge funds and large institutions have $154M invested in BNY Mellon Strategic Municipal Bond Fund in 2026 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
4% more funds holding
Funds holding: 85 → 88 (+3)
1.92% more ownership
Funds ownership: 49.01% → 50.93% (+1.9%)
1% more capital invested
Capital invested by funds: $152M → $154M (+$1.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.04M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.43M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.64M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.51M |
| 5 |
STA
Summit Trail Advisors
New York
|
+$714K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$1.47M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.33M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.08M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$989K |
| 5 |
Pathstone Holdings
Englewood,
New Jersey
|
-$612K |
DSM Hedge Fund Activity: Q1 2026 in Review
88 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q1 2026, worth a combined $154M — up 1.3% from $152M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DSM positions and 9 closed out — a net gain of 4 holders — while 21 added to existing stakes and 26 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $5.04M. The largest seller was Riverbridge Partners, exiting entirely with an estimated $1.47M sold.
- 88 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q1 2026, up from 85 in Q4 2025.
- Funds reported $154M of BNY Mellon Strategic Municipal Bond Fund stock for Q1 2026, up 1.3% quarter-over-quarter.
- 13 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q1 2026 and 9 closed out, a net change of +4 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q1 2026 was Rivernorth Capital Management, an estimated $5.04M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q1 2026 was Riverbridge Partners, an estimated $1.47M sold.
Based on aggregated 13F filings for Q1 2026.