We are live on ! Find out more
LEO

BNY Mellon Strategic Municipals
LEO

58 hedge funds and large institutions have $41.1M invested in BNY Mellon Strategic Municipals in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 13

5% more capital invested

Capital invested by funds: $39.1M → $41.1M (+$2.02M)

0.44% more ownership

Funds ownership: 6.69% → 7.13% (+0.44%)

3% less funds holding

Funds holding: 60 → 58 (-2)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
58
Holders Change
-2
Holders Change %
-3.33%
% of All Funds
1.55%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
4
Increased
16
Reduced
13
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
+$1.75M
2
RCM
Robinson Capital Management
Michigan
+$1.4M
3
UBS Group
UBS Group
Switzerland
+$480K
4
CA
Cetera Advisors
Colorado
+$186K
5
PMG
ProVise Management Group
Florida
+$185K

Top Sellers

Rank Fund Capital Flow
1
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$438K
2
CIA
Capital Investment Advisors
Georgia
-$263K
3
MIM
Macroview Investment Management
Maryland
-$219K
4
Bank of America
Bank of America
North Carolina
-$156K
5
NFG
Next Financial Group
Texas
-$145K
Name Holding Trade Value Shares
Change 		Change in
Stake
SWP
26
Stratos Wealth Partners
Ohio
$281K – – –
HCM
27
Hollencrest Capital Management
California
$267K – – –
IAMOG
28
Investors Asset Management of Georgia
Georgia
$260K – – –
SBWM
29
Sunflower Bank Wealth Management
Arizona
$257K – – –
YP
30
Yellowstone Partners
Idaho
$225K – – –
RJFSA
31
Raymond James Financial Services Advisors
Florida
$224K +$34.5K +3,700 +18%
SIA
32
SeaBridge Investment Advisors
New Jersey
$222K – – –
KeyBank National Association
33
KeyBank National Association
Ohio
$217K – – –
PNC Financial Services Group
34
PNC Financial Services Group
Pennsylvania
$214K +$205 +22 +0.1%
Bank of America
35
Bank of America
North Carolina
$208K -$156K -16,686 -43%
WKWM
36
Walter & Keenan Wealth Management
Indiana
$187K – – –
EFS
37
Essex Financial Services
Connecticut
$166K – – –
Cambridge Investment Research Advisors
38
Cambridge Investment Research Advisors
Iowa
$151K -$438K -46,889 -74%
HIM
39
Hanlon Investment Management
New Jersey
$130K – – –
FCCM
40
First City Capital Management
Georgia
$124K – – –
SI
41
SII Investments
Wisconsin
$123K – – –
NL
42
NWAM LLC
Washington
$122K – – –
LTFS
43
Ladenburg Thalmann Financial Services
Florida
$121K – – –
BWM
44
Braver Wealth Management
Massachusetts
$113K +$113K +12,115 New
CWM
45
Concert Wealth Management
California
$111K -$25.9K -2,770 -19%
UCFA
46
United Capital Financial Advisors
Texas
$111K – – –
Creative Planning
47
Creative Planning
Kansas
$99K +$4.67K +500 +5%
KT
48
Kanaly Trust
Texas
$93K – – –
MFS
49
MSI Financial Services
Massachusetts
$42K -$55.5K -5,943 -57%
RPG
50
Risk Paradigm Group
Texas
$37.4K – – –
1
2
3

LEO Hedge Fund Activity: Q3 2016 in Review

58 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q3 2016, worth a combined $41.1M — up 5.2% from $39.1M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of LEO and 4 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 16 added.

The largest buyer was Guggenheim Capital, adding an estimated $1.75M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $438K.

  • 58 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q3 2016, down from 60 in Q2 2016.
  • Funds reported $41.1M of BNY Mellon Strategic Municipals stock for Q3 2016, up 5.2% quarter-over-quarter.
  • 4 funds opened new BNY Mellon Strategic Municipals positions in Q3 2016 and 5 closed out, a net change of -1 holder.
  • The largest BNY Mellon Strategic Municipals buyer in Q3 2016 was Guggenheim Capital, an estimated $1.75M added.
  • The largest BNY Mellon Strategic Municipals seller in Q3 2016 was Cambridge Investment Research Advisors, an estimated $438K sold.

Based on aggregated 13F filings for Q3 2016.