BNY Mellon Strategic Municipals
LEO
60 hedge funds and large institutions have $31.6M invested in BNY Mellon Strategic Municipals in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 4 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
3% more funds holding
Funds holding: 58 → 60 (+2)
0.69% less ownership
Funds ownership: 6.88% → 6.2% (-0.69%)
12% less capital invested
Capital invested by funds: $35.8M → $31.6M (-$4.16M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$440K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$273K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$169K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$135K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.76M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$828K |
| 3 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$415K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$148K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$105K |
LEO Hedge Fund Activity: Q4 2017 in Review
60 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q4 2017, worth a combined $31.6M — down 12% from $35.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LEO positions and 4 closed out — a net gain of 2 holders — while 20 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $440K. The largest seller was Guggenheim Capital, cutting an estimated $3.76M.
- 60 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q4 2017, up from 58 in Q3 2017.
- Funds reported $31.6M of BNY Mellon Strategic Municipals stock for Q4 2017, down 12% quarter-over-quarter.
- 6 funds opened new BNY Mellon Strategic Municipals positions in Q4 2017 and 4 closed out, a net change of +2 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q4 2017 was Wells Fargo, an estimated $440K added.
- The largest BNY Mellon Strategic Municipals seller in Q4 2017 was Guggenheim Capital, an estimated $3.76M sold.
Based on aggregated 13F filings for Q4 2017.