BNY Mellon Strategic Municipals
LEO
80 hedge funds and large institutions have $50.8M invested in BNY Mellon Strategic Municipals in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 8 closing their positions.
0.89% less ownership
Funds ownership: 14.32% → 13.44% (-0.89%)
4% less funds holding
Funds holding: 83 → 80 (-3)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
13% less capital invested
Capital invested by funds: $58.6M → $50.8M (-$7.86M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.97M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.01M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$330K |
| 4 |
XF
XML Financial
Bethesda,
Maryland
|
+$255K |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.96M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.44M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$617K |
| 4 |
Morgan Stanley
New York
|
-$597K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$433K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWMG
76
Prestige Wealth Management Group
Flemington,
New Jersey
| $6K | – | – | – |
|
|
APA
77
American Portfolios Advisors
Holbrook,
New York
| $5.07K | – | – | – |
|
|
AWM
78
Accel Wealth Management
Waverly,
Iowa
| $3K | – | – | – |
|
|
MWM
79
Mascoma Wealth Management
Hanover,
New Hampshire
| $3K | – | – | – |
|
|
JMF
80
Johnson Midwest Financial
Glidden,
Iowa
| $96 | – | – | – |
|
|
ACA
81
Ackerman Capital Advisors
Dallas,
Texas
| – | -$424K | -64,506 | Closed |
|
|
HWAM
82
Hennion & Walsh Asset Management
Parsippany,
New Jersey
| – | -$373K | -56,759 | Closed |
|
|
LCM
83
Landscape Capital Management
Englewood,
New Jersey
| – | -$224K | -34,058 | Closed |
|
84
Nomura Holdings
Tokyo,
Japan
| – | -$134K | -20,000 | Closed |
|
|
VF
85
Virtu Financial
New York
| – | -$74K | -11,207 | Closed |
|
|
EIP
86
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$39K | -5,928 | Closed |
|
|
OCM
87
Orion Capital Management
Coronado,
California
| – | -$20K | -3,000 | Closed |
|
88
Bessemer Group
Woodbridge,
New Jersey
| – | -$6K | -981 | Closed |
|
LEO Hedge Fund Activity: Q3 2022 in Review
80 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q3 2022, worth a combined $50.8M — down 13% from $58.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of LEO and 7 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 20 added.
The largest buyer was Wells Fargo, adding an estimated $1.97M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.96M.
- 80 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q3 2022, down from 83 in Q2 2022.
- Funds reported $50.8M of BNY Mellon Strategic Municipals stock for Q3 2022, down 13% quarter-over-quarter.
- 7 funds opened new BNY Mellon Strategic Municipals positions in Q3 2022 and 8 closed out, a net change of -1 holder.
- The largest BNY Mellon Strategic Municipals buyer in Q3 2022 was Wells Fargo, an estimated $1.97M added.
- The largest BNY Mellon Strategic Municipals seller in Q3 2022 was Rivernorth Capital Management, an estimated $1.96M sold.
Based on aggregated 13F filings for Q3 2022.