BNY Mellon Strategic Municipals
LEO
84 hedge funds and large institutions have $70.1M invested in BNY Mellon Strategic Municipals in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 20 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
35% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 20
8% more funds holding
Funds holding: 78 → 84 (+6)
2.23% more ownership
Funds ownership: 13.44% → 15.67% (+2.2%)
1% less capital invested
Capital invested by funds: $70.8M → $70.1M (-$740K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.89M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.31M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.29M |
| 5 |
PAS
Park Avenue Securities
New York
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.98M |
| 2 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$938K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$516K |
| 4 |
Millennium Management
New York
|
-$434K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$434K |
LEO Hedge Fund Activity: Q1 2022 in Review
84 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q1 2022, worth a combined $70.1M — down 1% from $70.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new LEO positions and 6 closed out — a net gain of 6 holders — while 27 added to existing stakes and 20 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.89M. The largest seller was Guggenheim Capital, cutting an estimated $1.98M.
- 84 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q1 2022, up from 78 in Q4 2021.
- Funds reported $70.1M of BNY Mellon Strategic Municipals stock for Q1 2022, down 1% quarter-over-quarter.
- 12 funds opened new BNY Mellon Strategic Municipals positions in Q1 2022 and 6 closed out, a net change of +6 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q1 2022 was Rivernorth Capital Management, an estimated $3.89M added.
- The largest BNY Mellon Strategic Municipals seller in Q1 2022 was Guggenheim Capital, an estimated $1.98M sold.
Based on aggregated 13F filings for Q1 2022.