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LEO

BNY Mellon Strategic Municipals
LEO

85 hedge funds and large institutions have $112M invested in BNY Mellon Strategic Municipals in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

12% more capital invested

Capital invested by funds: $99.8M → $112M (+$12M)

11% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 28

4% more funds holding

Funds holding: 82 → 85 (+3)

3.04% more ownership

Funds ownership: 26.27% → 29.31% (+3%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

Holders
85
Holders Change
+3
Holders Change %
+3.66%
% of All Funds
1.23%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
9
Increased
31
Reduced
28
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$15M
2
Pathstone Holdings
Pathstone Holdings
New Jersey
+$2.01M
3
HWAM
Hennion & Walsh Asset Management
New Jersey
+$663K
4
AC
Almitas Capital
California
+$344K
5
BBPWM
Blue Bell Private Wealth Management
Pennsylvania
+$235K

Top Sellers

Rank Fund Capital Flow
1
LSC
Logan Stone Capital
Illinois
-$2.25M
2
Wells Fargo
Wells Fargo
California
-$1.6M
3
Osaic Holdings
Osaic Holdings
Arizona
-$1.21M
4
Truist Financial
Truist Financial
North Carolina
-$821K
5
CRC
Curi RMB Capital
Illinois
-$763K
Name Holding Trade Value Shares
Change 		Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$619K +$60.5K +10,105 +11%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$582K +$6.86K +1,145 +1%
NMC
28
Nine Masts Capital
Hong Kong
$565K -$54.8K -9,157 -9%
NFG
29
Nations Financial Group
Iowa
$478K – – –
1WA
30
180 Wealth Advisors
Washington
$473K -$43.4K -7,244 -9%
FPCP
31
Fort Point Capital Partners
California
$404K +$6.29K +1,050 +2%
RJFSA
32
Raymond James Financial Services Advisors
Florida
$380K +$233K +38,870 +168%
Cohen & Steers
33
Cohen & Steers
New York
$367K – – –
AC
34
Almitas Capital
California
$351K +$344K +57,374 New
MWM
35
Melfa Wealth Management
Massachusetts
$351K +$305 +51 +0.1%
BBPWM
36
Blue Bell Private Wealth Management
Pennsylvania
$346K +$235K +39,255 +228%
HighTower Advisors
37
HighTower Advisors
Illinois
$337K -$49.1K -8,204 -13%
Nomura Holdings
38
Nomura Holdings
Japan
$303K – – –
AGA
39
Arkos Global Advisors
Texas
$294K – – –
Royal Bank of Canada
40
Royal Bank of Canada
Ontario, Canada
$274K +$72.4K +12,089 +37%
Mariner
41
Mariner
Kansas
$268K -$69.8K -11,650 -21%
RIL
42
Rothschild Investment LLC
Illinois
$245K – – –
Creative Planning
43
Creative Planning
Kansas
$239K +$69.4K +11,590 +42%
Commonwealth Equity Services
44
Commonwealth Equity Services
Massachusetts
$232K -$19.3K -3,219 -8%
WCM
45
WealthBridge Capital Management
Ohio
$232K +$21K +3,500 +10%
ICMP
46
Integrated Capital Management (Pennsylvania)
Pennsylvania
$200K +$28.2K +4,709 +17%
Susquehanna International Group
47
Susquehanna International Group
Pennsylvania
$190K +$1.99K +332 +1%
FAG
48
Fortitude Advisory Group
Washington
$171K – – –
KWA
49
Kingswood Wealth Advisors
California
$156K +$153K +25,530 New
NPFS
50
Novak & Powell Financial Services
Florida
$154K +$1.67K +278 +1%
1
2
3 4

LEO Hedge Fund Activity: Q2 2024 in Review

85 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2024, worth a combined $112M — up 12% from $99.8M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new LEO positions and 6 closed out — a net gain of 3 holders — while 31 added to existing stakes and 28 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $15M. The largest seller was Logan Stone Capital, cutting an estimated $2.25M.

  • 85 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2024, up from 82 in Q1 2024.
  • Funds reported $112M of BNY Mellon Strategic Municipals stock for Q2 2024, up 12% quarter-over-quarter.
  • 9 funds opened new BNY Mellon Strategic Municipals positions in Q2 2024 and 6 closed out, a net change of +3 holders.
  • The largest BNY Mellon Strategic Municipals buyer in Q2 2024 was Saba Capital Management, an estimated $15M added.
  • The largest BNY Mellon Strategic Municipals seller in Q2 2024 was Logan Stone Capital, an estimated $2.25M sold.

Based on aggregated 13F filings for Q2 2024.