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LEO

BNY Mellon Strategic Municipals

97 hedge funds and large institutions have $152M invested in BNY Mellon Strategic Municipals in 2025 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 4

26% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 23

10% more funds holding

Funds holding: 8897 (+9)

3.12% more ownership

Funds ownership: 38.2%41.33% (+3.1%)

5% more capital invested

Capital invested by funds: $146M → $152M (+$6.57M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
97
Holders Change
+9
Holders Change %
+10.23%
% of All Funds
1.28%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
14
Increased
29
Reduced
23
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$33M +$2.73M +466,783 +9%
Pathstone Holdings
2
Pathstone Holdings
New Jersey
$18.4M +$4.37M +746,743 +32%
RCM
3
Rivernorth Capital Management
Florida
$13.1M -$474K -81,032 -4%
HWAM
4
Hennion & Walsh Asset Management
New Jersey
$7.82M -$658K -112,382 -8%
Wells Fargo
5
Wells Fargo
California
$7.24M -$1.91M -326,667 -21%
LSC
6
Logan Stone Capital
Illinois
$6.21M -$136K -23,176 -2%
Verition Fund Management
7
Verition Fund Management
Connecticut
$4.09M +$36.9K +6,314 +0.9%
GC
8
Guggenheim Capital
Illinois
$4.06M -$563K -96,184 -12%
SIA
9
Sit Investment Associates
Minnesota
$3.89M +$677K +115,695 +21%
BI
10
Bulldog Investors
New Jersey
$3.63M +$3.59M +613,504 New
Morgan Stanley
11
Morgan Stanley
New York
$3.33M +$239K +40,801 +8%
AAM
12
Advisors Asset Management
Colorado
$3.01M +$996K +170,288 +50%
VanEck Associates
13
VanEck Associates
New York
$2.57M +$49.5K +8,457 +2%
CIA
14
Capital Investment Advisors
Georgia
$2.57M -$141K -24,093 -5%
GP
15
Gridiron Partners
Pennsylvania
$2.39M
Toronto Dominion Bank
16
Toronto Dominion Bank
Ontario, Canada
$2.3M +$2.27M +388,398 New
Capstone Investment Advisors
17
Capstone Investment Advisors
New York
$2.25M
Cohen & Steers
18
Cohen & Steers
New York
$1.92M +$58.5K +10,000 +3%
WA
19
Whitebox Advisors
Minnesota
$1.81M +$223K +38,121 +14%
MC
20
Matisse Capital
Oregon
$1.62M
COLIM
21
City of London Investment Management
United Kingdom
$1.6M -$407K -69,477 -20%
ACA
22
Ackerman Capital Advisors
Texas
$1.52M -$231K -39,420 -13%
RP
23
Riverbridge Partners
Minnesota
$1.32M +$53K +9,060 +4%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$1.31M +$167K +28,512 +15%
1CP
25
1607 Capital Partners
Virginia
$1.22M

LEO Hedge Fund Activity: Q2 2025 in Review

97 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q2 2025, worth a combined $152M — up 4.5% from $146M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new LEO positions and 4 closed out — a net gain of 10 holders — while 29 added to existing stakes and 23 trimmed.

The largest buyer was Pathstone Holdings, adding an estimated $4.37M. The largest seller was Wells Fargo, cutting an estimated $1.91M.

  • 97 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q2 2025, up from 88 in Q1 2025.
  • Funds reported $152M of BNY Mellon Strategic Municipals stock for Q2 2025, up 4.5% quarter-over-quarter.
  • 14 funds opened new BNY Mellon Strategic Municipals positions in Q2 2025 and 4 closed out, a net change of +10 holders.
  • The largest BNY Mellon Strategic Municipals buyer in Q2 2025 was Pathstone Holdings, an estimated $4.37M added.
  • The largest BNY Mellon Strategic Municipals seller in Q2 2025 was Wells Fargo, an estimated $1.91M sold.

Based on aggregated 13F filings for Q2 2025.