BNY Mellon Strategic Municipals
LEO
47 hedge funds and large institutions have $18.7M invested in BNY Mellon Strategic Municipals in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0.23% more ownership
Funds ownership: 3.63% → 3.85% (+0.23%)
0% more funds holding
Funds holding: 47 → 47 (0)
2% less capital invested
Capital invested by funds: $19.2M → $18.7M (-$473K)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.06M |
| 2 |
Morgan Stanley
New York
|
+$935K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$298K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$242K |
| 5 |
1SB
1ST Source Bank
South Bend,
Indiana
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$461K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$399K |
| 3 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$323K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$179K |
| 5 |
LPL Financial
San Diego,
California
|
-$125K |
LEO Hedge Fund Activity: Q3 2013 in Review
47 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q3 2013, worth a combined $18.7M — down 2.5% from $19.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new LEO positions and 4 closed out — a net gain of 1 holder — while 12 added to existing stakes and 16 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.06M. The largest seller was UBS, cutting an estimated $461K.
- 47 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $18.7M of BNY Mellon Strategic Municipals stock for Q3 2013, down 2.5% quarter-over-quarter.
- 5 funds opened new BNY Mellon Strategic Municipals positions in Q3 2013 and 4 closed out, a net change of +1 holder.
- The largest BNY Mellon Strategic Municipals buyer in Q3 2013 was Sit Investment Associates, an estimated $1.06M added.
- The largest BNY Mellon Strategic Municipals seller in Q3 2013 was UBS, an estimated $461K sold.
Based on aggregated 13F filings for Q3 2013.