BNY Mellon Strategic Municipals
LEO
83 hedge funds and large institutions have $54M invested in BNY Mellon Strategic Municipals in 2022 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 29 reducing their positions, and 12 closing their positions.
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
6% more capital invested
Capital invested by funds: $50.8M → $54M (+$3.26M)
4% more funds holding
Funds holding: 80 → 83 (+3)
0.76% more ownership
Funds ownership: 13.44% → 14.19% (+0.76%)
45% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.67M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.28M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.24M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
+$605K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$431K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.57M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$677K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$601K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$553K |
| 5 |
Morgan Stanley
New York
|
-$393K |
LEO Hedge Fund Activity: Q4 2022 in Review
83 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q4 2022, worth a combined $54M — up 6.4% from $50.8M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new LEO positions and 12 closed out — a net gain of 5 holders — while 16 added to existing stakes and 29 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.67M. The largest seller was UBS Group, cutting an estimated $1.57M.
- 83 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q4 2022, up from 80 in Q3 2022.
- Funds reported $54M of BNY Mellon Strategic Municipals stock for Q4 2022, up 6.4% quarter-over-quarter.
- 17 funds opened new BNY Mellon Strategic Municipals positions in Q4 2022 and 12 closed out, a net change of +5 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q4 2022 was Wells Fargo, an estimated $3.67M added.
- The largest BNY Mellon Strategic Municipals seller in Q4 2022 was UBS Group, an estimated $1.57M sold.
Based on aggregated 13F filings for Q4 2022.