BNY Mellon Strategic Municipals
LEO
63 hedge funds and large institutions have $25.9M invested in BNY Mellon Strategic Municipals in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 6 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
0.38% more ownership
Funds ownership: 5.07% → 5.45% (+0.38%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
1% less capital invested
Capital invested by funds: $26.2M → $25.9M (-$301K)
2% less funds holding
Funds holding: 64 → 63 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.06M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$586K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$356K |
| 4 |
Comerica Bank
Dallas,
Texas
|
+$164K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$224K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$138K |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$136K |
| 4 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
-$124K |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$105K |
LEO Hedge Fund Activity: Q2 2015 in Review
63 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2015, worth a combined $25.9M — down 1.1% from $26.2M a quarter earlier.
Fund positioning in LEO was balanced in Q2 2015: 6 funds opened new positions, 6 closed out, 20 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.06M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $224K sold.
- 63 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2015, down from 64 in Q1 2015.
- Funds reported $25.9M of BNY Mellon Strategic Municipals stock for Q2 2015, down 1.1% quarter-over-quarter.
- 6 funds opened new BNY Mellon Strategic Municipals positions in Q2 2015 and 6 closed out, a net change of 0 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q2 2015 was Morgan Stanley, an estimated $1.06M added.
- The largest BNY Mellon Strategic Municipals seller in Q2 2015 was Curi RMB Capital, an estimated $224K sold.
Based on aggregated 13F filings for Q2 2015.