BNY Mellon Strategic Municipals
LEO
89 hedge funds and large institutions have $89M invested in BNY Mellon Strategic Municipals in 2023 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 13 closing their positions.
237% more capital inflows, than outflows
Capital inflows: $30.9M | Capital outflows: $9.17M
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
11% more funds holding
Funds holding: 80 → 89 (+9)
6.07% more ownership
Funds ownership: 18.31% → 24.37% (+6.1%)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Logan Stone Capital
Chicago,
Illinois
|
+$4.87M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.47M |
| 3 |
Saba Capital Management
New York
|
+$3.82M |
| 4 |
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$3.12M |
| 5 |
Matisse Capital
Portland,
Oregon
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.06M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.47M |
| 3 |
Morgan Stanley
New York
|
-$1.35M |
| 4 |
Guggenheim Capital
Chicago,
Illinois
|
-$688K |
| 5 |
Woodline Partners
San Francisco,
California
|
-$411K |
LEO Hedge Fund Activity: Q4 2023 in Review
89 of the 6,876 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q4 2023, worth a combined $89M — up 46% from $60.8M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new LEO positions and 13 closed out — a net gain of 12 holders — while 24 added to existing stakes and 22 trimmed.
The largest buyer was Logan Stone Capital, adding an estimated $4.87M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $3.06M sold.
- 89 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q4 2023, up from 80 in Q3 2023.
- Funds reported $89M of BNY Mellon Strategic Municipals stock for Q4 2023, up 46% quarter-over-quarter.
- 25 funds opened new BNY Mellon Strategic Municipals positions in Q4 2023 and 13 closed out, a net change of +12 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q4 2023 was Logan Stone Capital, an estimated $4.87M added.
- The largest BNY Mellon Strategic Municipals seller in Q4 2023 was Robinson Capital Management, an estimated $3.06M sold.
Based on aggregated 13F filings for Q4 2023.