BNY Mellon Strategic Municipals
LEO
55 hedge funds and large institutions have $17.4M invested in BNY Mellon Strategic Municipals in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
9% more capital invested
Capital invested by funds: $15.9M → $17.4M (+$1.47M)
2% more funds holding
Funds holding: 54 → 55 (+1)
0.31% more ownership
Funds ownership: 3.07% → 3.38% (+0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
+$969K |
| 2 |
DLG
Daniel L. Goodwin
|
+$508K |
| 3 |
Morgan Stanley
New York
|
+$326K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$210K |
| 5 |
CL
Croft-Leominster
Baltimore,
Maryland
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$173K |
| 2 |
HK
Horizon Kinetics
New York
|
-$154K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$142K |
| 4 |
Jane Street
New York
|
-$90K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$84.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
51
MSI Financial Services
Springfield,
Massachusetts
| $11K | +$6.62K | +789 | +153% |
|
|
FAM
52
Formidable Asset Management
Cincinnati,
Ohio
| $10K | – | – | – |
|
|
RAM
53
Riggs Asset Management
Dallas,
Pennsylvania
| $5K | +$5.41K | +645 | New |
|
|
RFA
54
Reilly Financial Advisors
La Mesa,
California
| $3K | – | – | – |
|
55
Northern Trust
Chicago,
Illinois
| $1K | – | – | – |
|
|
HK
56
Horizon Kinetics
New York
| – | -$154K | -18,220 | Closed |
|
|
57
Jane Street
New York
| – | -$90K | -10,700 | Closed |
|
|
BRWA
58
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$8.91K | -1,056 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$4K | -506 | Closed |
|
LEO Hedge Fund Activity: Q3 2014 in Review
55 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q3 2014, worth a combined $17.4M — up 9.2% from $15.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new LEO positions and 4 closed out — a net gain of 1 holder — while 15 added to existing stakes and 12 trimmed.
The largest buyer was American International Group, adding an estimated $969K. The largest seller was Raymond James & Associates, cutting an estimated $173K.
- 55 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q3 2014, up from 54 in Q2 2014.
- Funds reported $17.4M of BNY Mellon Strategic Municipals stock for Q3 2014, up 9.2% quarter-over-quarter.
- 5 funds opened new BNY Mellon Strategic Municipals positions in Q3 2014 and 4 closed out, a net change of +1 holder.
- The largest BNY Mellon Strategic Municipals buyer in Q3 2014 was American International Group, an estimated $969K added.
- The largest BNY Mellon Strategic Municipals seller in Q3 2014 was Raymond James & Associates, an estimated $173K sold.
Based on aggregated 13F filings for Q3 2014.