We are live on ! Find out more
LEO

BNY Mellon Strategic Municipals
LEO

61 hedge funds and large institutions have $65.1M invested in BNY Mellon Strategic Municipals in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 13 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 13

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0% less capital invested

Capital invested by funds: $65.2M → $65.1M (-$66.4K)

1.18% less ownership

Funds ownership: 15.33% → 14.15% (-1.2%)

15% less funds holding

Funds holding: 72 → 61 (-11)

73% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 15

Holders
61
Holders Change
-11
Holders Change %
-15.28%
% of All Funds
1.32%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
4
Increased
23
Reduced
13
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CA
Cornerstone Advisory
Maryland
+$1.2M
2
Morgan Stanley
Morgan Stanley
New York
+$1.1M
3
ACA
Ackerman Capital Advisors
Texas
+$939K
4
Invesco
Invesco
Georgia
+$765K
5
GC
Guggenheim Capital
Illinois
+$557K

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$3.28M
2
WAM
Wolverine Asset Management
Illinois
-$1.22M
3
LCM
Landscape Capital Management
New Jersey
-$1.06M
4
AA
AQR Arbitrage
Connecticut
-$726K
5
DFG
Delphi Financial Group
Delaware
-$636K
Name Holding Trade Value Shares
Change 		Change in
Stake
Cambridge Investment Research Advisors
26
Cambridge Investment Research Advisors
Iowa
$291K +$231 +30 +0.1%
Commonwealth Equity Services
27
Commonwealth Equity Services
Massachusetts
$268K +$46.5K +6,046 +22%
Northwestern Mutual Wealth Management
28
Northwestern Mutual Wealth Management
Wisconsin
$247K – – –
HCM
29
Hollencrest Capital Management
California
$232K – – –
AG
30
Advisor Group
Arizona
$229K – – –
MAM
31
Marquette Asset Management
Minnesota
$199K – – –
DAS
32
Dynamic Advisor Solutions
Arizona
$189K – – –
SWM
33
SeaCrest Wealth Management
New York
$188K -$3.67K -477 -2%
AWA
34
Arete Wealth Advisors
Illinois
$175K – – –
MAFM
35
Mid Atlantic Financial Management
Pennsylvania
$173K -$64.7K -8,400 -28%
1WA
36
180 Wealth Advisors
Washington
$164K +$3.54K +460 +2%
SWP
37
Stratos Wealth Partners
Ohio
$158K – – –
WKWM
38
Walter & Keenan Wealth Management
Indiana
$158K – – –
AA
39
AQR Arbitrage
Connecticut
$153K -$726K -94,361 -83%
Janney Montgomery Scott
40
Janney Montgomery Scott
Pennsylvania
$142K +$3.85K +500 +3%
LCM
41
Landscape Capital Management
New Jersey
$134K -$1.06M -137,473 -89%
IAMOG
42
Investors Asset Management of Georgia
Georgia
$134K – – –
Royal Bank of Canada
43
Royal Bank of Canada
Ontario, Canada
$116K -$68.2K -8,858 -38%
SDAM
44
Shulman DeMeo Asset Management
New York
$116K +$113K +14,690 New
FWM
45
Fairhaven Wealth Management
Illinois
$114K – – –
WS
46
Wedbush Securities
California
$110K +$10.7K +1,394 +11%
NL
47
NWAM LLC
Washington
$103K – – –
HighTower Advisors
48
HighTower Advisors
Illinois
$103K +$6.38K +829 +7%
EFS
49
Essex Financial Services
Connecticut
$100K -$29.6K -3,843 -23%
Creative Planning
50
Creative Planning
Kansas
$98K +$12K +1,563 +14%
1
2
3 4

LEO Hedge Fund Activity: Q1 2019 in Review

61 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q1 2019, worth a combined $65.1M — down 0.1% from $65.2M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of LEO and 4 opened new positions — a net loss of 11 holders — while 13 trimmed existing stakes and 23 added.

The largest buyer was Cornerstone Advisory, adding an estimated $1.2M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.28M.

  • 61 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q1 2019, down from 72 in Q4 2018.
  • Funds reported $65.1M of BNY Mellon Strategic Municipals stock for Q1 2019, down 0.1% quarter-over-quarter.
  • 4 funds opened new BNY Mellon Strategic Municipals positions in Q1 2019 and 15 closed out, a net change of -11 holders.
  • The largest BNY Mellon Strategic Municipals buyer in Q1 2019 was Cornerstone Advisory, an estimated $1.2M added.
  • The largest BNY Mellon Strategic Municipals seller in Q1 2019 was Rivernorth Capital Management, an estimated $3.28M sold.

Based on aggregated 13F filings for Q1 2019.