BNY Mellon Strategic Municipals
LEO
81 hedge funds and large institutions have $54.2M invested in BNY Mellon Strategic Municipals in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 13 closing their positions.
0% more capital invested
Capital invested by funds: $54M → $54.2M (+$201K)
0.22% less ownership
Funds ownership: 14.19% → 13.97% (-0.22%)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
2% less funds holding
Funds holding: 83 → 81 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.32M |
| 2 |
VanEck Associates
New York
|
+$722K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$619K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$363K |
| 5 |
Walleye Capital
New York
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.52M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$564K |
| 3 |
WAM
Worth Asset Management
Dallas,
Texas
|
-$540K |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$430K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$368K |
LEO Hedge Fund Activity: Q1 2023 in Review
81 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q1 2023, worth a combined $54.2M — up 0.37% from $54M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of LEO and 12 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 21 added.
The largest buyer was Wells Fargo, adding an estimated $3.32M. The largest seller was Guggenheim Capital, cutting an estimated $2.52M.
- 81 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q1 2023, down from 83 in Q4 2022.
- Funds reported $54.2M of BNY Mellon Strategic Municipals stock for Q1 2023, up 0.37% quarter-over-quarter.
- 12 funds opened new BNY Mellon Strategic Municipals positions in Q1 2023 and 13 closed out, a net change of -1 holder.
- The largest BNY Mellon Strategic Municipals buyer in Q1 2023 was Wells Fargo, an estimated $3.32M added.
- The largest BNY Mellon Strategic Municipals seller in Q1 2023 was Guggenheim Capital, an estimated $2.52M sold.
Based on aggregated 13F filings for Q1 2023.