BNY Mellon Strategic Municipals
LEO
66 hedge funds and large institutions have $27.5M invested in BNY Mellon Strategic Municipals in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
9% more capital invested
Capital invested by funds: $25.2M → $27.5M (+$2.3M)
2% more funds holding
Funds holding: 65 → 66 (+1)
0.22% more ownership
Funds ownership: 5% → 5.23% (+0.22%)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.73M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.18M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$635K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$357K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSA
Liberty Street Advisors
New York
|
-$1.9M |
| 2 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
-$620K |
| 3 |
Morgan Stanley
New York
|
-$610K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$431K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$280K |
LEO Hedge Fund Activity: Q4 2015 in Review
66 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q4 2015, worth a combined $27.5M — up 9.1% from $25.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LEO positions and 6 closed out — a net gain of 1 holder — while 15 added to existing stakes and 20 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.73M. The largest seller was Liberty Street Advisors, exiting entirely with an estimated $1.9M sold.
- 66 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q4 2015, up from 65 in Q3 2015.
- Funds reported $27.5M of BNY Mellon Strategic Municipals stock for Q4 2015, up 9.1% quarter-over-quarter.
- 7 funds opened new BNY Mellon Strategic Municipals positions in Q4 2015 and 6 closed out, a net change of +1 holder.
- The largest BNY Mellon Strategic Municipals buyer in Q4 2015 was Guggenheim Capital, an estimated $1.73M added.
- The largest BNY Mellon Strategic Municipals seller in Q4 2015 was Liberty Street Advisors, an estimated $1.9M sold.
Based on aggregated 13F filings for Q4 2015.