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LEO

BNY Mellon Strategic Municipals

65 hedge funds and large institutions have $24.6M invested in BNY Mellon Strategic Municipals in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

3% more funds holding

Funds holding: 6365 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.45% less ownership

Funds ownership: 5.45%5% (-0.45%)

5% less capital invested

Capital invested by funds: $25.9M → $24.6M (-$1.33M)

22% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 18

Holders
65
Holders Change
+2
Holders Change %
+3.17%
% of All Funds
1.81%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
14
Reduced
18
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RPG
51
Risk Paradigm Group
Texas
$32.7K +$32.2K +4,000 New
Deutsche Bank
52
Deutsche Bank
Germany
$27K
MFS
53
MSI Financial Services
Massachusetts
$18K
FMII
54
Farmers & Merchants Investments Inc
Nebraska
$16K
SEI Investments
55
SEI Investments
Pennsylvania
$16K +$16.1K +2,000 New
Northwestern Mutual Wealth Management
56
Northwestern Mutual Wealth Management
Wisconsin
$14K +$13.5K +1,676 New
Thrivent Financial for Lutherans
57
Thrivent Financial for Lutherans
Minnesota
$13K
Citigroup
58
Citigroup
New York
$11K +$10.1K +1,250 +850%
FAM
59
Formidable Asset Management
Ohio
$10K
BCM
60
Brookstone Capital Management
Illinois
$8K
Creative Planning
61
Creative Planning
Kansas
$1K +$805 +100 New
TRCT
62
Tower Research Capital (TRC)
New York
$1K +$1.36K +169 New
Northern Trust
63
Northern Trust
Illinois
$1K +$8.85K +1,100 +10%
N
64
Nuveen
North Carolina
$644
NCM
65
Newgate Capital Management
Connecticut
-$1.71M -218,161 Closed
Janney Montgomery Scott
66
Janney Montgomery Scott
Pennsylvania
-$196K -24,800 Closed
WAM
67
Wolverine Asset Management
Illinois
-$162K -20,562 Closed
VKH
68
Virtu KCG Holdings
New York
-$106K -13,407 Closed
NL
69
NWAM LLC
Washington
-$103K -13,000 Closed
DA
70
Doliver Advisors
Texas
-$99K -12,501 Closed
DBT
71
Dubuque Bank & Trust
Iowa
-$62K -7,900 Closed
PIA
72
Peachtree Investment Advisors
Georgia
-$14K -1,800 Closed

LEO Hedge Fund Activity: Q3 2015 in Review

65 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q3 2015, worth a combined $24.6M — down 5.1% from $25.9M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new LEO positions and 8 closed out — a net gain of 2 holders — while 14 added to existing stakes and 18 trimmed.

The largest buyer was Advisors Asset Management, opening a new position worth an estimated $400K. The largest seller was Newgate Capital Management, exiting entirely with an estimated $1.71M sold.

  • 65 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q3 2015, up from 63 in Q2 2015.
  • Funds reported $24.6M of BNY Mellon Strategic Municipals stock for Q3 2015, down 5.1% quarter-over-quarter.
  • 10 funds opened new BNY Mellon Strategic Municipals positions in Q3 2015 and 8 closed out, a net change of +2 holders.
  • The largest BNY Mellon Strategic Municipals buyer in Q3 2015 was Advisors Asset Management, an estimated $400K added.
  • The largest BNY Mellon Strategic Municipals seller in Q3 2015 was Newgate Capital Management, an estimated $1.71M sold.

Based on aggregated 13F filings for Q3 2015.