We are live on ! Find out more
LEO

BNY Mellon Strategic Municipals
LEO

57 hedge funds and large institutions have $38.9M invested in BNY Mellon Strategic Municipals in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 13

7% more capital invested

Capital invested by funds: $36.5M → $38.9M (+$2.38M)

0.49% more ownership

Funds ownership: 6.88% → 7.37% (+0.49%)

5% less funds holding

Funds holding: 60 → 57 (-3)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
57
Holders Change
-3
Holders Change %
-5%
% of All Funds
1.42%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
1
Increased
16
Reduced
13
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CA
Cornerstone Advisory
Maryland
+$3.29M
2
LTFS
Ladenburg Thalmann Financial Services
Florida
+$313K
3
Wells Fargo
Wells Fargo
California
+$259K
4
VanEck Associates
VanEck Associates
New York
+$123K
5
Bank of America
Bank of America
North Carolina
+$109K

Top Sellers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
-$613K
2
HighTower Advisors
HighTower Advisors
Illinois
-$589K
3
SIA
Sit Investment Associates
Minnesota
-$482K
4
LPL Financial
LPL Financial
California
-$412K
5
Morgan Stanley
Morgan Stanley
New York
-$263K
Name Holding Trade Value Shares
Change 		Change in
Stake
HCM
26
Hollencrest Capital Management
California
$254K – – –
SBWM
27
Sunflower Bank Wealth Management
Arizona
$245K – – –
KeyBank National Association
28
KeyBank National Association
Ohio
$207K – – –
Janney Montgomery Scott
29
Janney Montgomery Scott
Pennsylvania
$198K +$9.68K +1,100 +5%
PNC Financial Services Group
30
PNC Financial Services Group
Pennsylvania
$180K – – –
WKWM
31
Walter & Keenan Wealth Management
Indiana
$178K – – –
IAMOG
32
Investors Asset Management of Georgia
Georgia
$177K – – –
MIM
33
Macroview Investment Management
Maryland
$168K -$117K -13,245 -41%
CAN
34
Cetera Advisor Networks
California
$147K – – –
EFS
35
Essex Financial Services
Connecticut
$144K -$14.1K -1,600 -9%
Cambridge Investment Research Advisors
36
Cambridge Investment Research Advisors
Iowa
$144K +$431 +49 +0.3%
RJFSA
37
Raymond James Financial Services Advisors
Florida
$139K -$3.38K -384 -2%
SI
38
SII Investments
Wisconsin
$131K – – –
Ameriprise
39
Ameriprise
Minnesota
$128K +$704 +80 +0.6%
NL
40
NWAM LLC
Washington
$116K – – –
SFS
41
Sowell Financial Services
Arkansas
$110K +$598 +68 +0.6%
UCFA
42
United Capital Financial Advisors
Texas
$106K – – –
HighTower Advisors
43
HighTower Advisors
Illinois
$91K -$589K -66,976 -87%
Creative Planning
44
Creative Planning
Kansas
$90K – – –
AG
45
Advisor Group
Arizona
$88K +$8.67K +985 +11%
IA
46
IFP Advisors
Florida
$55K +$43.5K +4,940 +412%
Fifth Third Bancorp
47
Fifth Third Bancorp
Ohio
$45K – – –
RPG
48
Risk Paradigm Group
Texas
$35.6K – – –
SPIA
49
Steward Partners Investment Advisory
New York
$35K – – –
Deutsche Bank
50
Deutsche Bank
Germany
$30K – – –
1
2
3

LEO Hedge Fund Activity: Q2 2017 in Review

57 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2017, worth a combined $38.9M — up 6.5% from $36.5M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of LEO and 1 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 16 added.

The largest buyer was Cornerstone Advisory, adding an estimated $3.29M. The largest seller was Guggenheim Capital, cutting an estimated $613K.

  • 57 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2017, down from 60 in Q1 2017.
  • Funds reported $38.9M of BNY Mellon Strategic Municipals stock for Q2 2017, up 6.5% quarter-over-quarter.
  • 1 fund opened new BNY Mellon Strategic Municipals positions in Q2 2017 and 4 closed out, a net change of -3 holders.
  • The largest BNY Mellon Strategic Municipals buyer in Q2 2017 was Cornerstone Advisory, an estimated $3.29M added.
  • The largest BNY Mellon Strategic Municipals seller in Q2 2017 was Guggenheim Capital, an estimated $613K sold.

Based on aggregated 13F filings for Q2 2017.