BNY Mellon Strategic Municipals
LEO
71 hedge funds and large institutions have $63.2M invested in BNY Mellon Strategic Municipals in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
2% more capital invested
Capital invested by funds: $62M → $63.2M (+$1.28M)
0.9% less ownership
Funds ownership: 12.23% → 11.33% (-0.9%)
3% less funds holding
Funds holding: 73 → 71 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.14M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$345K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$316K |
| 4 |
Morgan Stanley
New York
|
+$230K |
| 5 |
WCM
WealthBridge Capital Management
Westerville,
Ohio
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.06M |
| 2 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$944K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$591K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$297K |
| 5 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$215K |
LEO Hedge Fund Activity: Q2 2021 in Review
71 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2021, worth a combined $63.2M — up 2.1% from $62M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of LEO and 3 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 21 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.14M. The largest seller was Robinson Capital Management, cutting an estimated $2.06M.
- 71 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2021, down from 73 in Q1 2021.
- Funds reported $63.2M of BNY Mellon Strategic Municipals stock for Q2 2021, up 2.1% quarter-over-quarter.
- 3 funds opened new BNY Mellon Strategic Municipals positions in Q2 2021 and 5 closed out, a net change of -2 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q2 2021 was Guggenheim Capital, an estimated $1.14M added.
- The largest BNY Mellon Strategic Municipals seller in Q2 2021 was Robinson Capital Management, an estimated $2.06M sold.
Based on aggregated 13F filings for Q2 2021.