BNY Mellon Strategic Municipals
LEO
102 hedge funds and large institutions have $135M invested in BNY Mellon Strategic Municipals in 2024 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 5 closing their positions.
300% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 5
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
15% more funds holding
Funds holding: 89 → 102 (+13)
3.81% more ownership
Funds ownership: 32.04% → 35.85% (+3.8%)
4% more capital invested
Capital invested by funds: $130M → $135M (+$5.11M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.13M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$2.43M |
| 3 |
Capstone Investment Advisors
New York
|
+$1.81M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.51M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$764K |
| 2 |
Morgan Stanley
New York
|
-$655K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$418K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$295K |
| 5 |
Rockefeller Capital Management
New York
|
-$264K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PC
101
Promus Capital
Chicago,
Illinois
| $83 | +$88 | +14 | New |
|
102
BlackRock
New York
| $5 | +$6 | +1 | New |
|
|
WFA
103
WMG Financial Advisors
Knoxville,
Tennessee
| – | -$102K | -15,700 | Closed |
|
104
Citadel Advisors
Miami,
Florida
| – | -$95.2K | -14,628 | Closed |
|
|
PMG
105
ProVise Management Group
Clearwater,
Florida
| – | -$71.6K | -11,000 | Closed |
|
106
Mercer Global Advisors
Denver,
Colorado
| – | -$69.9K | -10,569 | Closed |
|
|
FIA
107
FNY Investment Advisers
New York
| – | -$6K | -1,000 | Closed |
|
LEO Hedge Fund Activity: Q4 2024 in Review
102 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q4 2024, worth a combined $135M — up 3.9% from $130M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new LEO positions and 5 closed out — a net gain of 15 holders — while 37 added to existing stakes and 24 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $3.13M. The largest seller was AQR Arbitrage, cutting an estimated $764K.
- 102 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q4 2024, up from 89 in Q3 2024.
- Funds reported $135M of BNY Mellon Strategic Municipals stock for Q4 2024, up 3.9% quarter-over-quarter.
- 20 funds opened new BNY Mellon Strategic Municipals positions in Q4 2024 and 5 closed out, a net change of +15 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q4 2024 was Saba Capital Management, an estimated $3.13M added.
- The largest BNY Mellon Strategic Municipals seller in Q4 2024 was AQR Arbitrage, an estimated $764K sold.
Based on aggregated 13F filings for Q4 2024.