BNY Mellon Strategic Municipals
LEO
60 hedge funds and large institutions have $36.5M invested in BNY Mellon Strategic Municipals in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
0% more funds holding
Funds holding: 60 → 60 (0)
0.36% less ownership
Funds ownership: 7.25% → 6.88% (-0.36%)
3% less capital invested
Capital invested by funds: $37.5M → $36.5M (-$1.04M)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$182K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$138K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$123K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$114K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$726K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$621K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$285K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$234K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$220K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RPG
51
Risk Paradigm Group
Austin,
Texas
| $34.4K | – | – | – |
|
|
SPIA
52
Steward Partners Investment Advisory
New York
| $34K | – | – | – |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $29K | – | – | – |
|
54
JP Morgan Chase
New York
| $26K | – | – | – |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| $10K | – | – | – |
|
56
US Bancorp
Minneapolis,
Minnesota
| $9K | – | – | – |
|
|
IWM
57
IHT Wealth Management
Chicago,
Illinois
| $7K | – | – | – |
|
|
FCMT
58
Founders Capital Management (Texas)
Houston,
Texas
| $6K | +$6.45K | +750 | New |
|
|
CFA
59
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | – | – | – |
|
60
Northern Trust
Chicago,
Illinois
| $1K | – | – | – |
|
|
VKH
61
Virtu KCG Holdings
New York
| – | -$220K | -26,244 | Closed |
|
62
Squarepoint
New York
| – | -$107K | -12,700 | Closed |
|
|
BFEC
63
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$8K | -900 | Closed |
|
LEO Hedge Fund Activity: Q1 2017 in Review
60 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q1 2017, worth a combined $36.5M — down 2.8% from $37.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new LEO positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $182K. The largest seller was Capital Investment Advisors, cutting an estimated $726K.
- 60 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $36.5M of BNY Mellon Strategic Municipals stock for Q1 2017, down 2.8% quarter-over-quarter.
- 5 funds opened new BNY Mellon Strategic Municipals positions in Q1 2017 and 3 closed out, a net change of +2 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q1 2017 was Janney Montgomery Scott, an estimated $182K added.
- The largest BNY Mellon Strategic Municipals seller in Q1 2017 was Capital Investment Advisors, an estimated $726K sold.
Based on aggregated 13F filings for Q1 2017.