BNY Mellon Strategic Municipals
LEO
97 hedge funds and large institutions have $152M invested in BNY Mellon Strategic Municipals in 2025 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
10% more funds holding
Funds holding: 88 → 97 (+9)
3.12% more ownership
Funds ownership: 38.2% → 41.33% (+3.1%)
5% more capital invested
Capital invested by funds: $146M → $152M (+$6.57M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
+$4.37M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.59M |
| 3 |
SCM
Saba Capital Management
New York
|
+$2.73M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$2.27M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$996K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.91M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$932K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$658K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$563K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$474K |
LEO Hedge Fund Activity: Q2 2025 in Review
97 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2025, worth a combined $152M — up 4.5% from $146M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new LEO positions and 4 closed out — a net gain of 10 holders — while 29 added to existing stakes and 23 trimmed.
The largest buyer was Pathstone Holdings, adding an estimated $4.37M. The largest seller was Wells Fargo, cutting an estimated $1.91M.
- 97 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2025, up from 88 in Q1 2025.
- Funds reported $152M of BNY Mellon Strategic Municipals stock for Q2 2025, up 4.5% quarter-over-quarter.
- 14 funds opened new BNY Mellon Strategic Municipals positions in Q2 2025 and 4 closed out, a net change of +10 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q2 2025 was Pathstone Holdings, an estimated $4.37M added.
- The largest BNY Mellon Strategic Municipals seller in Q2 2025 was Wells Fargo, an estimated $1.91M sold.
Based on aggregated 13F filings for Q2 2025.