BNY Mellon Strategic Municipal Bond Fund
DSM
86 hedge funds and large institutions have $159M invested in BNY Mellon Strategic Municipal Bond Fund in 2026 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 27 reducing their positions, and 10 closing their positions.
1.37% more ownership
Funds ownership: 50.93% → 52.3% (+1.4%)
3% more capital invested
Capital invested by funds: $154M → $159M (+$5.14M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 27
2% less funds holding
Funds holding: 88 → 86 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$4.2M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.58M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$804K |
| 4 |
Bank of New York Mellon
New York
|
+$460K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$415K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.97M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.88M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.14M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.02M |
| 5 |
LPL Financial
San Diego,
California
|
-$178K |
DSM Hedge Fund Activity: Q2 2026 in Review
86 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q2 2026, worth a combined $159M — up 3.3% from $154M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DSM and 9 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 25 added.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $4.2M. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.97M sold.
- 86 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q2 2026, down from 88 in Q1 2026.
- Funds reported $159M of BNY Mellon Strategic Municipal Bond Fund stock for Q2 2026, up 3.3% quarter-over-quarter.
- 9 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q2 2026 and 10 closed out, a net change of -1 holder.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q2 2026 was Hennion & Walsh Asset Management, an estimated $4.2M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q2 2026 was Advisors Asset Management, an estimated $1.97M sold.
Based on aggregated 13F filings for Q2 2026.