BNY Mellon Strategic Municipals
LEO
64 hedge funds and large institutions have $60.2M invested in BNY Mellon Strategic Municipals in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
3% more funds holding
Funds holding: 62 → 64 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.18% less ownership
Funds ownership: 12.1% → 11.92% (-0.18%)
2% less capital invested
Capital invested by funds: $61.6M → $60.2M (-$1.43M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.33M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$885K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$392K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$318K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$1.74M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.46M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$778K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$691K |
| 5 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$443K |
LEO Hedge Fund Activity: Q4 2019 in Review
64 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q4 2019, worth a combined $60.2M — down 2.3% from $61.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LEO positions and 3 closed out — a net gain of 3 holders — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.33M. The largest seller was Cornerstone Advisory, cutting an estimated $1.74M.
- 64 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q4 2019, up from 62 in Q3 2019.
- Funds reported $60.2M of BNY Mellon Strategic Municipals stock for Q4 2019, down 2.3% quarter-over-quarter.
- 6 funds opened new BNY Mellon Strategic Municipals positions in Q4 2019 and 3 closed out, a net change of +3 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q4 2019 was Guggenheim Capital, an estimated $1.33M added.
- The largest BNY Mellon Strategic Municipals seller in Q4 2019 was Cornerstone Advisory, an estimated $1.74M sold.
Based on aggregated 13F filings for Q4 2019.