BNY Mellon Strategic Municipals
LEO
54 hedge funds and large institutions have $15.9M invested in BNY Mellon Strategic Municipals in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
6% more funds holding
Funds holding: 51 → 54 (+3)
5% more capital invested
Capital invested by funds: $15.2M → $15.9M (+$777K)
0.02% more ownership
Funds ownership: 3.05% → 3.07% (+0.02%)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Baird
Milwaukee,
Wisconsin
|
+$230K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$207K |
| 3 |
LPL Financial
San Diego,
California
|
+$160K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
+$144K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DLG
Daniel L. Goodwin
|
-$491K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$169K |
| 3 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$103K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$70.2K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$56.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $4K | +$50 | +6 | +1% |
|
|
RFA
52
Reilly Financial Advisors
La Mesa,
California
| $3K | – | – | – |
|
53
Northern Trust
Chicago,
Illinois
| $1K | -$14.9K | -1,800 | -15% |
|
54
Creative Planning
Overland Park,
Kansas
| $1K | – | – | – |
|
|
DLG
55
Daniel L. Goodwin
| – | -$491K | -60,576 | Closed |
|
|
ICOA
56
Investment Centers of America
Bismarck,
North Dakota
| – | -$103K | -12,998 | Closed |
|
|
WAM
57
Wolverine Asset Management
Chicago,
Illinois
| – | -$42K | -5,286 | Closed |
|
LEO Hedge Fund Activity: Q2 2014 in Review
54 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2014, worth a combined $15.9M — up 5.1% from $15.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LEO positions and 3 closed out — a net gain of 3 holders — while 10 added to existing stakes and 14 trimmed.
The largest buyer was Baird, opening a new position worth an estimated $230K. The largest seller was Daniel L. Goodwin, exiting entirely with an estimated $491K sold.
- 54 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2014, up from 51 in Q1 2014.
- Funds reported $15.9M of BNY Mellon Strategic Municipals stock for Q2 2014, up 5.1% quarter-over-quarter.
- 6 funds opened new BNY Mellon Strategic Municipals positions in Q2 2014 and 3 closed out, a net change of +3 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q2 2014 was Baird, an estimated $230K added.
- The largest BNY Mellon Strategic Municipals seller in Q2 2014 was Daniel L. Goodwin, an estimated $491K sold.
Based on aggregated 13F filings for Q2 2014.