BNY Mellon Strategic Municipals
LEO
64 hedge funds and large institutions have $21.9M invested in BNY Mellon Strategic Municipals in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
26% more capital invested
Capital invested by funds: $17.4M → $21.9M (+$4.47M)
16% more funds holding
Funds holding: 55 → 64 (+9)
0.97% more ownership
Funds ownership: 3.38% → 4.35% (+0.97%)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$2.37M |
| 2 |
Morgan Stanley
New York
|
+$885K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$841K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$825K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$422K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$953K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$824K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$206K |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$149K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$136K |
LEO Hedge Fund Activity: Q4 2014 in Review
64 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q4 2014, worth a combined $21.9M — up 26% from $17.4M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new LEO positions and 4 closed out — a net gain of 10 holders — while 13 added to existing stakes and 17 trimmed.
The largest buyer was Newgate Capital Management, opening a new position worth an estimated $2.37M. The largest seller was American International Group, cutting an estimated $953K.
- 64 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q4 2014, up from 55 in Q3 2014.
- Funds reported $21.9M of BNY Mellon Strategic Municipals stock for Q4 2014, up 26% quarter-over-quarter.
- 14 funds opened new BNY Mellon Strategic Municipals positions in Q4 2014 and 4 closed out, a net change of +10 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q4 2014 was Newgate Capital Management, an estimated $2.37M added.
- The largest BNY Mellon Strategic Municipals seller in Q4 2014 was American International Group, an estimated $953K sold.
Based on aggregated 13F filings for Q4 2014.