BNY Mellon Strategic Municipals
LEO
65 hedge funds and large institutions have $52.7M invested in BNY Mellon Strategic Municipals in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
2% more funds holding
Funds holding: 64 → 65 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more ownership
Funds ownership: 11.92% → 11.92% (+0%)
12% less capital invested
Capital invested by funds: $60.2M → $52.7M (-$7.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$988K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$688K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$425K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$4.66M |
| 2 |
VanEck Associates
New York
|
-$291K |
| 3 |
BSW
Buckingham Strategic Wealth
Clayton,
Missouri
|
-$230K |
| 4 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
-$170K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$143K |
LEO Hedge Fund Activity: Q1 2020 in Review
65 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q1 2020, worth a combined $52.7M — down 12% from $60.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new LEO positions and 6 closed out — a net gain of 3 holders — while 21 added to existing stakes and 17 trimmed.
The largest buyer was UBS Group, adding an estimated $1M. The largest seller was Cornerstone Advisory, cutting an estimated $4.66M.
- 65 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q1 2020, up from 64 in Q4 2019.
- Funds reported $52.7M of BNY Mellon Strategic Municipals stock for Q1 2020, down 12% quarter-over-quarter.
- 9 funds opened new BNY Mellon Strategic Municipals positions in Q1 2020 and 6 closed out, a net change of +3 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q1 2020 was UBS Group, an estimated $1M added.
- The largest BNY Mellon Strategic Municipals seller in Q1 2020 was Cornerstone Advisory, an estimated $4.66M sold.
Based on aggregated 13F filings for Q1 2020.