BNY Mellon Strategic Municipals
LEO
60 hedge funds and large institutions have $39.1M invested in BNY Mellon Strategic Municipals in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 4 closing their positions.
22% more capital invested
Capital invested by funds: $32M → $39.1M (+$7.04M)
0.79% more ownership
Funds ownership: 5.89% → 6.69% (+0.79%)
0% more funds holding
Funds holding: 60 → 60 (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: 4 | Existing positions closed: 4
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.81M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$584K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$454K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$292K |
| 5 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.19M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$486K |
| 3 |
Morgan Stanley
New York
|
-$150K |
| 4 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
-$136K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$115K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KT
51
Kanaly Trust
Houston,
Texas
| $94K | – | – | – |
|
|
RPG
52
Risk Paradigm Group
Austin,
Texas
| $38K | – | – | – |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $32K | – | – | – |
|
54
JP Morgan Chase
New York
| $29K | – | – | – |
|
|
AG
55
Advisor Group
Phoenix,
Arizona
| $25K | +$24.4K | +2,650 | New |
|
|
BFEC
56
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $19K | -$14.7K | -1,600 | -45% |
|
|
FMII
57
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $19K | – | – | – |
|
|
IA
58
IFP Advisors
Tampa,
Florida
| $16K | +$15.6K | +1,700 | New |
|
59
Northern Trust
Chicago,
Illinois
| $2K | – | – | – |
|
|
VKH
60
Virtu KCG Holdings
New York
| – | -$103K | -11,431 | Closed |
|
61
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$15K | -1,676 | Closed |
|
|
FAM
62
Formidable Asset Management
Cincinnati,
Ohio
| – | -$11K | -1,248 | Closed |
|
|
TRCT
63
Tower Research Capital (TRC)
New York
| – | -$11K | -1,180 | Closed |
|
LEO Hedge Fund Activity: Q2 2016 in Review
60 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2016, worth a combined $39.1M — up 22% from $32M a quarter earlier.
Fund positioning in LEO was balanced in Q2 2016: 4 funds opened new positions, 4 closed out, 15 added to existing stakes and 16 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $4.81M. The largest seller was LPL Financial, cutting an estimated $1.19M.
- 60 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $39.1M of BNY Mellon Strategic Municipals stock for Q2 2016, up 22% quarter-over-quarter.
- 4 funds opened new BNY Mellon Strategic Municipals positions in Q2 2016 and 4 closed out, a net change of 0 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q2 2016 was Guggenheim Capital, an estimated $4.81M added.
- The largest BNY Mellon Strategic Municipals seller in Q2 2016 was LPL Financial, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2016.