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LEO

BNY Mellon Strategic Municipals
LEO

77 hedge funds and large institutions have $58.7M invested in BNY Mellon Strategic Municipals in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 18

9% more capital invested

Capital invested by funds: $53.9M → $58.7M (+$4.74M)

1.18% more ownership

Funds ownership: 13.97% → 15.15% (+1.2%)

5% less funds holding

Funds holding: 81 → 77 (-4)

29% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 14

Holders
77
Holders Change
-4
Holders Change %
-4.94%
% of All Funds
1.21%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
24
Reduced
18
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
+$1.27M
2
UBS Group
UBS Group
Switzerland
+$914K
3
Truist Financial
Truist Financial
North Carolina
+$883K
4
WP
Woodline Partners
California
+$854K
5
RCM
Robinson Capital Management
Michigan
+$842K

Top Sellers

Rank Fund Capital Flow
1
LSC
Logan Stone Capital
Illinois
-$663K
2
AWM
AE Wealth Management
Kansas
-$589K
3
VanEck Associates
VanEck Associates
New York
-$342K
4
Invesco
Invesco
Georgia
-$260K
5
FAIM
Financial Advocates Investment Management
Washington
-$250K
Name Holding Trade Value Shares
Change 		Change in
Stake
MWM
26
Melfa Wealth Management
Massachusetts
$322K +$83.4K +13,548 +36%
Mariner
27
Mariner
Kansas
$318K – – –
AWS
28
Atria Wealth Solutions
New York
$304K +$232K +37,719 +336%
ACA
29
Ackerman Capital Advisors
Texas
$304K +$301K +48,848 New
1WA
30
180 Wealth Advisors
Washington
$294K -$9.31K -1,511 -3%
Invesco
31
Invesco
Georgia
$262K -$260K -42,281 -50%
MFG
32
Merit Financial Group
Georgia
$225K +$223K +36,193 New
CA
33
Cornerstone Advisory
Maryland
$224K +$9.63K +1,564 +5%
RJFSA
34
Raymond James Financial Services Advisors
Florida
$217K -$183K -29,709 -46%
CMS
35
Capital Market Strategies
Florida
$209K – – –
WA
36
WealthTrust Axiom
Pennsylvania
$195K +$160 +26 +0.1%
PVM
37
Palogic Value Management
Texas
$187K – – –
WKWM
38
Walter & Keenan Wealth Management
Indiana
$187K – – –
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$171K -$6.16K -1,000 -4%
FAG
40
Fortitude Advisory Group
Washington
$167K – – –
Nomura Holdings
41
Nomura Holdings
Japan
$156K +$31.4K +5,100 +26%
ICMP
42
Integrated Capital Management (Pennsylvania)
Pennsylvania
$156K +$1.26K +204 +0.8%
LCM
43
Landscape Capital Management
New Jersey
$156K +$26K +4,214 +20%
IC
44
IEQ Capital
California
$151K +$149K +24,203 New
SWM
45
SeaCrest Wealth Management
New York
$137K – – –
PMG
46
ProVise Management Group
Florida
$128K -$16.9K -2,736 -12%
HighTower Advisors
47
HighTower Advisors
Illinois
$127K +$29.6K +4,798 +31%
Janney Montgomery Scott
48
Janney Montgomery Scott
Pennsylvania
$125K -$4.93K -800 -4%
FWM
49
Fairhaven Wealth Management
Illinois
$116K +$115K +18,591 New
Cambridge Investment Research Advisors
50
Cambridge Investment Research Advisors
Iowa
$109K -$5.05K -820 -4%
1
2
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LEO Hedge Fund Activity: Q2 2023 in Review

77 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2023, worth a combined $58.7M — up 8.8% from $53.9M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of LEO and 10 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 24 added.

The largest buyer was Wells Fargo, adding an estimated $1.27M. The largest seller was Logan Stone Capital, cutting an estimated $663K.

  • 77 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2023, down from 81 in Q1 2023.
  • Funds reported $58.7M of BNY Mellon Strategic Municipals stock for Q2 2023, up 8.8% quarter-over-quarter.
  • 10 funds opened new BNY Mellon Strategic Municipals positions in Q2 2023 and 14 closed out, a net change of -4 holders.
  • The largest BNY Mellon Strategic Municipals buyer in Q2 2023 was Wells Fargo, an estimated $1.27M added.
  • The largest BNY Mellon Strategic Municipals seller in Q2 2023 was Logan Stone Capital, an estimated $663K sold.

Based on aggregated 13F filings for Q2 2023.