BNY Mellon Strategic Municipals
LEO
77 hedge funds and large institutions have $58.7M invested in BNY Mellon Strategic Municipals in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 14 closing their positions.
124% more capital inflows, than outflows
Capital inflows: $8.11M | Capital outflows: $3.62M
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
1.18% more ownership
Funds ownership: 13.97% → 15.15% (+1.2%)
5% less funds holding
Funds holding: 81 → 77 (-4)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.27M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$914K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$883K |
| 4 |
Woodline Partners
San Francisco,
California
|
+$854K |
| 5 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$842K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Logan Stone Capital
Chicago,
Illinois
|
-$663K |
| 2 |
AE Wealth Management
Topeka,
Kansas
|
-$589K |
| 3 |
VanEck Associates
New York
|
-$342K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$260K |
| 5 |
Financial Advocates Investment Management
Olympia,
Washington
|
-$250K |
LEO Hedge Fund Activity: Q2 2023 in Review
77 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2023, worth a combined $58.7M — up 8.2% from $54.2M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of LEO and 10 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 24 added.
The largest buyer was Wells Fargo, adding an estimated $1.27M. The largest seller was Logan Stone Capital, cutting an estimated $663K.
- 77 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2023, down from 81 in Q1 2023.
- Funds reported $58.7M of BNY Mellon Strategic Municipals stock for Q2 2023, up 8.2% quarter-over-quarter.
- 10 funds opened new BNY Mellon Strategic Municipals positions in Q2 2023 and 14 closed out, a net change of -4 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q2 2023 was Wells Fargo, an estimated $1.27M added.
- The largest BNY Mellon Strategic Municipals seller in Q2 2023 was Logan Stone Capital, an estimated $663K sold.
Based on aggregated 13F filings for Q2 2023.