BNY Mellon Strategic Municipals
LEO
100 hedge funds and large institutions have $163M invested in BNY Mellon Strategic Municipals in 2025 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 32 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
7% more capital invested
Capital invested by funds: $152M → $163M (+$10.9M)
3.18% more ownership
Funds ownership: 41.33% → 44.51% (+3.2%)
3% more funds holding
Funds holding: 97 → 100 (+3)
6% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 32
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
+$9.48M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$4.31M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.97M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.66M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$3.24M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$2.01M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.42M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$819K |
| 5 |
Corient Private Wealth
Miami,
Florida
|
-$429K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
101
AQR Arbitrage
Greenwich,
Connecticut
| – | -$251K | -42,438 | Closed |
|
|
RIL
102
Rothschild Investment LLC
Chicago,
Illinois
| – | -$237K | -40,000 | Closed |
|
|
NPFS
103
Novak & Powell Financial Services
St. Petersburg,
Florida
| – | -$154K | -26,055 | Closed |
|
|
VF
104
Virtu Financial
New York
| – | -$89K | -14,995 | Closed |
|
|
AO
105
Advisor OS
Chicago,
Illinois
| – | -$85.9K | -14,516 | Closed |
|
106
Koshinski Asset Management
Decatur,
Illinois
| – | -$85.9K | -14,516 | Closed |
|
107
Jones Financial Companies
Des Peres,
Missouri
| – | -$2.48K | -426 | Closed |
|
LEO Hedge Fund Activity: Q3 2025 in Review
100 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q3 2025, worth a combined $163M — up 7.2% from $152M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new LEO positions and 7 closed out — a net gain of 4 holders — while 30 added to existing stakes and 32 trimmed.
The largest buyer was Gridiron Partners, adding an estimated $9.48M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $3.24M.
- 100 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q3 2025, up from 97 in Q2 2025.
- Funds reported $163M of BNY Mellon Strategic Municipals stock for Q3 2025, up 7.2% quarter-over-quarter.
- 11 funds opened new BNY Mellon Strategic Municipals positions in Q3 2025 and 7 closed out, a net change of +4 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q3 2025 was Gridiron Partners, an estimated $9.48M added.
- The largest BNY Mellon Strategic Municipals seller in Q3 2025 was Hennion & Walsh Asset Management, an estimated $3.24M sold.
Based on aggregated 13F filings for Q3 2025.