We are live on ! Find out more
LEO

BNY Mellon Strategic Municipals
LEO

61 hedge funds and large institutions have $54.1M invested in BNY Mellon Strategic Municipals in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 10

3% more capital invested

Capital invested by funds: $52.7M → $54.1M (+$1.44M)

0.17% less ownership

Funds ownership: 11.92% → 11.76% (-0.17%)

6% less funds holding

Funds holding: 65 → 61 (-4)

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
61
Holders Change
-4
Holders Change %
-6.15%
% of All Funds
1.25%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
7
Increased
23
Reduced
10
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
+$901K
2
Osaic Holdings
Osaic Holdings
Arizona
+$632K
3
RCM
Robinson Capital Management
Michigan
+$344K
4
Ameriprise
Ameriprise
Minnesota
+$291K
5
WKWM
Walter & Keenan Wealth Management
Indiana
+$223K

Top Sellers

Rank Fund Capital Flow
1
CA
Cornerstone Advisory
Maryland
-$2.09M
2
Invesco
Invesco
Georgia
-$506K
3
WAM
Wolverine Asset Management
Illinois
-$379K
4
BRWM
B. Riley Wealth Management
Tennessee
-$250K
5
LPL Financial
LPL Financial
California
-$171K
Name Holding Trade Value Shares
Change 		Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$264K +$90.1K +12,100 +55%
PIA
27
Powell Investment Advisors
Florida
$262K +$3.54K +475 +1%
WKWM
28
Walter & Keenan Wealth Management
Indiana
$233K +$223K +30,000 New
RIG
29
Ramiah Investment Group
Wisconsin
$223K +$20.8K +2,790 +11%
BCA
30
Bay Colony Advisors
Massachusetts
$209K +$200K +26,905 New
DAS
31
Dynamic Advisor Solutions
Arizona
$196K – – –
MAM
32
Marquette Asset Management
Minnesota
$195K – – –
SWP
33
Stratos Wealth Partners
Ohio
$194K – – –
MAFM
34
Mid Atlantic Financial Management
Pennsylvania
$192K +$9.31K +1,250 +5%
DFG
35
Delphi Financial Group
Delaware
$190K – – –
SWM
36
SeaCrest Wealth Management
New York
$179K – – –
WS
37
Wedbush Securities
California
$164K +$7 +1 +0%
FWM
38
Fairhaven Wealth Management
Illinois
$144K +$30.7K +4,128 +29%
CF
39
Centaurus Financial
California
$136K -$56K -7,525 -30%
Stifel Financial
40
Stifel Financial
Missouri
$123K – – –
NL
41
NWAM LLC
Washington
$120K – – –
HCM
42
Hollencrest Capital Management
California
$114K -$110K -14,716 -50%
HighTower Advisors
43
HighTower Advisors
Illinois
$97K +$238 +32 +0.3%
AWM
44
AE Wealth Management
Kansas
$93K +$89.5K +12,022 New
Creative Planning
45
Creative Planning
Kansas
$92K – – –
SFS
46
Sowell Financial Services
Arkansas
$91K +$1.2K +161 +1%
FAAS
47
First Allied Advisory Services
California
$84K +$80.2K +10,768 New
LNC
48
Lincoln National Corp
Pennsylvania
$82K +$78.5K +10,544 New
Northwestern Mutual Wealth Management
49
Northwestern Mutual Wealth Management
Wisconsin
$71K – – –
EIP
50
Ellis Investment Partners
Pennsylvania
$41K +$566 +76 +1%
1
2
3

LEO Hedge Fund Activity: Q2 2020 in Review

61 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2020, worth a combined $54.1M — up 2.7% from $52.7M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of LEO and 7 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 23 added.

The largest buyer was Guggenheim Capital, adding an estimated $901K. The largest seller was Cornerstone Advisory, cutting an estimated $2.09M.

  • 61 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2020, down from 65 in Q1 2020.
  • Funds reported $54.1M of BNY Mellon Strategic Municipals stock for Q2 2020, up 2.7% quarter-over-quarter.
  • 7 funds opened new BNY Mellon Strategic Municipals positions in Q2 2020 and 11 closed out, a net change of -4 holders.
  • The largest BNY Mellon Strategic Municipals buyer in Q2 2020 was Guggenheim Capital, an estimated $901K added.
  • The largest BNY Mellon Strategic Municipals seller in Q2 2020 was Cornerstone Advisory, an estimated $2.09M sold.

Based on aggregated 13F filings for Q2 2020.