We are live on ! Find out more
LEO

BNY Mellon Strategic Municipals
LEO

88 hedge funds and large institutions have $146M invested in BNY Mellon Strategic Municipals in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more capital invested

Capital invested by funds: $135M → $146M (+$10.9M)

2.36% more ownership

Funds ownership: 35.85% → 38.2% (+2.4%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

4% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 28

14% less funds holding

Funds holding: 102 → 88 (-14)

56% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 18

Holders
88
Holders Change
-14
Holders Change %
-13.73%
% of All Funds
1.18%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
8
Increased
27
Reduced
28
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Pathstone Holdings
Pathstone Holdings
New Jersey
+$5.44M
2
Verition Fund Management
Verition Fund Management
Connecticut
+$4.22M
3
WA
Whitebox Advisors
Minnesota
+$1.65M
4
SIA
Sit Investment Associates
Minnesota
+$1.4M
5
SCM
Saba Capital Management
New York
+$1.12M

Top Sellers

Rank Fund Capital Flow
1
LSC
Logan Stone Capital
Illinois
-$1.06M
2
AA
AQR Arbitrage
Connecticut
-$908K
3
Morgan Stanley
Morgan Stanley
New York
-$716K
4
VanEck Associates
VanEck Associates
New York
-$654K
5
WAM
Wolverine Asset Management
Illinois
-$584K
Name Holding Trade Value Shares
Change 		Change in
Stake
KPWS
76
Kestra Private Wealth Services
Texas
$67.9K – – –
Truist Financial
77
Truist Financial
North Carolina
$65.4K +$66.1K +10,694 New
Osaic Holdings
78
Osaic Holdings
Arizona
$51.5K -$24.7K -3,998 -32%
FFA
79
Farther Finance Advisors
California
$37.6K +$37.4K +6,062 New
BTI
80
Blue Trust Inc
Georgia
$21.8K – – –
EB
81
Eastern Bank
Massachusetts
$21.1K +$21.3K +3,443 New
SPIA
82
Steward Partners Investment Advisory
New York
$9.18K – – –
PNC Financial Services Group
83
PNC Financial Services Group
Pennsylvania
$6.14K -$68K -11,000 -92%
PWMG
84
Prestige Wealth Management Group
New Jersey
$5.81K – – –
Northwestern Mutual Wealth Management
85
Northwestern Mutual Wealth Management
Wisconsin
$5.32K – – –
IA
86
IFP Advisors
Florida
$3.44K – – –
MWM
87
Mascoma Wealth Management
New Hampshire
$3.41K – – –
PC
88
Promus Capital
Illinois
$85 – – –
WAM
89
Wolverine Asset Management
Illinois
– -$584K -96,711 Closed
KeyBank National Association
90
KeyBank National Association
Ohio
– -$453K -75,000 Closed
RAM
91
Readystate Asset Management
Illinois
– -$443K -73,275 Closed
Nomura Holdings
92
Nomura Holdings
Japan
– -$362K -60,000 Closed
LF
93
Lee Financial
Texas
– -$230K -38,070 Closed
KWA
94
Kingswood Wealth Advisors
California
– -$203K -33,530 Closed
NMC
95
Nine Masts Capital
Hong Kong
– -$161K -26,608 Closed
NPFS
96
Novak & Powell Financial Services
Florida
– -$155K -25,608 Closed
IAA
97
Independent Advisor Alliance
North Carolina
– -$127K -21,023 Closed
SA
98
Sanctuary Advisors
Indiana
– -$84.5K -13,736 Closed
KAS
99
Kestra Advisory Services
Texas
– -$78.9K -13,055 Closed
VCA
100
Verdence Capital Advisors
Maryland
– -$71.7K -11,874 Closed
1 2 3
4
5

LEO Hedge Fund Activity: Q1 2025 in Review

88 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q1 2025, worth a combined $146M — up 8.1% from $135M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of LEO and 8 opened new positions — a net loss of 10 holders — while 28 trimmed existing stakes and 27 added.

The largest buyer was Pathstone Holdings, adding an estimated $5.44M. The largest seller was Logan Stone Capital, cutting an estimated $1.06M.

  • 88 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q1 2025, down from 102 in Q4 2024.
  • Funds reported $146M of BNY Mellon Strategic Municipals stock for Q1 2025, up 8.1% quarter-over-quarter.
  • 8 funds opened new BNY Mellon Strategic Municipals positions in Q1 2025 and 18 closed out, a net change of -10 holders.
  • The largest BNY Mellon Strategic Municipals buyer in Q1 2025 was Pathstone Holdings, an estimated $5.44M added.
  • The largest BNY Mellon Strategic Municipals seller in Q1 2025 was Logan Stone Capital, an estimated $1.06M sold.

Based on aggregated 13F filings for Q1 2025.