BNY Mellon Strategic Municipals
LEO
64 hedge funds and large institutions have $45.1M invested in BNY Mellon Strategic Municipals in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 6 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
17% more capital invested
Capital invested by funds: $38.5M → $45.1M (+$6.57M)
1.72% more ownership
Funds ownership: 8.46% → 10.18% (+1.7%)
3% less funds holding
Funds holding: 66 → 64 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$4.19M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.17M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.37M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$457K |
| 5 |
VanEck Associates
New York
|
+$432K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.86M |
| 2 |
SG Americas Securities
New York
|
-$357K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$279K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$254K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$140K |
LEO Hedge Fund Activity: Q2 2018 in Review
64 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2018, worth a combined $45.1M — up 17% from $38.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LEO and 4 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 22 added.
The largest buyer was Laurion Capital Management, adding an estimated $4.19M. The largest seller was Guggenheim Capital, cutting an estimated $1.86M.
- 64 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2018, down from 66 in Q1 2018.
- Funds reported $45.1M of BNY Mellon Strategic Municipals stock for Q2 2018, up 17% quarter-over-quarter.
- 4 funds opened new BNY Mellon Strategic Municipals positions in Q2 2018 and 6 closed out, a net change of -2 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q2 2018 was Laurion Capital Management, an estimated $4.19M added.
- The largest BNY Mellon Strategic Municipals seller in Q2 2018 was Guggenheim Capital, an estimated $1.86M sold.
Based on aggregated 13F filings for Q2 2018.