BNY Mellon Strategic Municipals
LEO
64 hedge funds and large institutions have $26.2M invested in BNY Mellon Strategic Municipals in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 9 closing their positions.
20% more capital invested
Capital invested by funds: $21.9M → $26.2M (+$4.33M)
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
0.72% more ownership
Funds ownership: 4.35% → 5.07% (+0.72%)
0% more funds holding
Funds holding: 64 → 64 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
+$1.95M |
| 2 |
LSA
Liberty Street Advisors
New York
|
+$1.25M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$921K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$333K |
| 5 |
Morgan Stanley
New York
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$835K |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$435K |
| 3 |
SG Americas Securities
New York
|
-$395K |
| 4 |
LCM
Laurion Capital Management
New York
|
-$291K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$171K |
LEO Hedge Fund Activity: Q1 2015 in Review
64 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q1 2015, worth a combined $26.2M — up 20% from $21.9M a quarter earlier.
Fund positioning in LEO was balanced in Q1 2015: 9 funds opened new positions, 9 closed out, 16 added to existing stakes and 14 trimmed.
The largest buyer was Macroview Investment Management, opening a new position worth an estimated $1.95M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $835K sold.
- 64 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $26.2M of BNY Mellon Strategic Municipals stock for Q1 2015, up 20% quarter-over-quarter.
- 9 funds opened new BNY Mellon Strategic Municipals positions in Q1 2015 and 9 closed out, a net change of 0 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q1 2015 was Macroview Investment Management, an estimated $1.95M added.
- The largest BNY Mellon Strategic Municipals seller in Q1 2015 was Mariner Investment Group, an estimated $835K sold.
Based on aggregated 13F filings for Q1 2015.