BNY Mellon Strategic Municipals
LEO
58 hedge funds and large institutions have $35.8M invested in BNY Mellon Strategic Municipals in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 3 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 57 → 58 (+1)
0.49% less ownership
Funds ownership: 7.37% → 6.88% (-0.49%)
8% less capital invested
Capital invested by funds: $38.9M → $35.8M (-$3.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$965K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$188K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$166K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$151K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$56.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.58M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.17M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$823K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$712K |
| 5 |
SBWM
Sunflower Bank Wealth Management
Scottsdale,
Arizona
|
-$245K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| $26K | -$29K | -3,230 | -53% |
|
52
JP Morgan Chase
New York
| $26K | – | – | – |
|
53
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $18K | – | – | – |
|
54
US Bancorp
Minneapolis,
Minnesota
| $9K | – | – | – |
|
|
FCMT
55
Founders Capital Management (Texas)
Houston,
Texas
| $7K | – | – | – |
|
|
CFA
56
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
RFA
57
Reilly Financial Advisors
La Mesa,
California
| $2K | +$27 | +3 | +2% |
|
58
Northern Trust
Chicago,
Illinois
| $1K | – | – | – |
|
|
AAM
59
Advisors Asset Management
Monument,
Colorado
| – | -$1.17M | -131,320 | Closed |
|
|
SBWM
60
Sunflower Bank Wealth Management
Scottsdale,
Arizona
| – | -$245K | -27,500 | Closed |
|
|
RPG
61
Risk Paradigm Group
Austin,
Texas
| – | -$35.6K | -4,000 | Closed |
|
LEO Hedge Fund Activity: Q3 2017 in Review
58 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q3 2017, worth a combined $35.8M — down 8% from $38.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new LEO positions and 3 closed out — a net gain of 1 holder — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $965K. The largest seller was Bessemer Group, cutting an estimated $1.58M.
- 58 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q3 2017, up from 57 in Q2 2017.
- Funds reported $35.8M of BNY Mellon Strategic Municipals stock for Q3 2017, down 8% quarter-over-quarter.
- 4 funds opened new BNY Mellon Strategic Municipals positions in Q3 2017 and 3 closed out, a net change of +1 holder.
- The largest BNY Mellon Strategic Municipals buyer in Q3 2017 was Laurion Capital Management, an estimated $965K added.
- The largest BNY Mellon Strategic Municipals seller in Q3 2017 was Bessemer Group, an estimated $1.58M sold.
Based on aggregated 13F filings for Q3 2017.