We are live on ! Find out more
LEO

BNY Mellon Strategic Municipals
LEO

58 hedge funds and large institutions have $35.8M invested in BNY Mellon Strategic Municipals in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 12

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

2% more funds holding

Funds holding: 57 → 58 (+1)

0.49% less ownership

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

8% less capital invested

Capital invested by funds: $38.9M → $35.8M (-$3.1M)

Holders
58
Holders Change
+1
Holders Change %
+1.75%
% of All Funds
1.45%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
20
Reduced
12
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LCM
Laurion Capital Management
New York
+$965K
2
LTFS
Ladenburg Thalmann Financial Services
Florida
+$188K
3
Wells Fargo
Wells Fargo
California
+$166K
4
DA
Doliver Advisors
Texas
+$151K
5
PMG
ProVise Management Group
Florida
+$56.6K

Top Sellers

Rank Fund Capital Flow
1
Bessemer Group
Bessemer Group
New Jersey
-$1.58M
2
AAM
Advisors Asset Management
Colorado
-$1.17M
3
GC
Guggenheim Capital
Illinois
-$823K
4
SIA
Sit Investment Associates
Minnesota
-$712K
5
SBWM
Sunflower Bank Wealth Management
Arizona
-$245K
Name Holding Trade Value Shares
Change 		Change in
Stake
Janney Montgomery Scott
26
Janney Montgomery Scott
Pennsylvania
$206K +$11.2K +1,250 +6%
PNC Financial Services Group
27
PNC Financial Services Group
Pennsylvania
$205K +$27.8K +3,100 +15%
KeyBank National Association
28
KeyBank National Association
Ohio
$204K – – –
RJFSA
29
Raymond James Financial Services Advisors
Florida
$189K +$53.2K +5,933 +38%
WKWM
30
Walter & Keenan Wealth Management
Indiana
$176K – – –
EFS
31
Essex Financial Services
Connecticut
$164K +$22.4K +2,500 +15%
IAMOG
32
Investors Asset Management of Georgia
Georgia
$159K -$16.1K -1,800 -9%
DA
33
Doliver Advisors
Texas
$148K +$151K +16,831 New
SIA
34
Sit Investment Associates
Minnesota
$147K -$712K -79,392 -83%
CAN
35
Cetera Advisor Networks
California
$145K – – –
Cambridge Investment Research Advisors
36
Cambridge Investment Research Advisors
Iowa
$142K +$439 +49 +0.3%
MIM
37
Macroview Investment Management
Maryland
$141K -$24.9K -2,780 -15%
Ameriprise
38
Ameriprise
Minnesota
$135K +$8.03K +895 +6%
SI
39
SII Investments
Wisconsin
$129K – – –
AG
40
Advisor Group
Arizona
$125K +$40.1K +4,475 +46%
Creative Planning
41
Creative Planning
Kansas
$118K +$30K +3,341 +33%
NL
42
NWAM LLC
Washington
$114K – – –
SFS
43
Sowell Financial Services
Arkansas
$106K +$637 +71 +0.6%
UCFA
44
United Capital Financial Advisors
Texas
$105K – – –
HighTower Advisors
45
HighTower Advisors
Illinois
$91K +$341 +38 +0.4%
Bessemer Group
46
Bessemer Group
New Jersey
$76K -$1.58M -176,307 -95%
SPIA
47
Steward Partners Investment Advisory
New York
$58K +$24.1K +2,691 +67%
Fifth Third Bancorp
48
Fifth Third Bancorp
Ohio
$44K – – –
RFWA
49
RPg Family Wealth Advisory
Massachusetts
$35.2K +$35.9K +4,000 New
Deutsche Bank
50
Deutsche Bank
Germany
$29K – – –
1
2
3

LEO Hedge Fund Activity: Q3 2017 in Review

58 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q3 2017, worth a combined $35.8M — down 8% from $38.9M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new LEO positions and 3 closed out — a net gain of 1 holder — while 20 added to existing stakes and 12 trimmed.

The largest buyer was Laurion Capital Management, opening a new position worth an estimated $965K. The largest seller was Bessemer Group, cutting an estimated $1.58M.

  • 58 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q3 2017, up from 57 in Q2 2017.
  • Funds reported $35.8M of BNY Mellon Strategic Municipals stock for Q3 2017, down 8% quarter-over-quarter.
  • 4 funds opened new BNY Mellon Strategic Municipals positions in Q3 2017 and 3 closed out, a net change of +1 holder.
  • The largest BNY Mellon Strategic Municipals buyer in Q3 2017 was Laurion Capital Management, an estimated $965K added.
  • The largest BNY Mellon Strategic Municipals seller in Q3 2017 was Bessemer Group, an estimated $1.58M sold.

Based on aggregated 13F filings for Q3 2017.