BNY Mellon Strategic Municipals
LEO
102 hedge funds and large institutions have $181M invested in BNY Mellon Strategic Municipals in 2025 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
11% more capital invested
Capital invested by funds: $163M → $181M (+$17.5M)
2% more funds holding
Funds holding: 100 → 102 (+2)
0.05% more ownership
Funds ownership: 44.51% → 44.56% (+0.05%)
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$5.32M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$4.74M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.65M |
| 4 |
SCM
Saba Capital Management
New York
|
+$2.37M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
-$9.95M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$4.06M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.89M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$2.47M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$2.4M |
LEO Hedge Fund Activity: Q4 2025 in Review
102 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipals (LEO) for Q4 2025, worth a combined $181M — up 11% from $163M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new LEO positions and 10 closed out — a net gain of 3 holders — while 30 added to existing stakes and 30 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $5.32M. The largest seller was Gridiron Partners, cutting an estimated $9.95M.
- 102 institutional investors held BNY Mellon Strategic Municipals (LEO) as of Q4 2025, up from 100 in Q3 2025.
- Funds reported $181M of BNY Mellon Strategic Municipals stock for Q4 2025, up 11% quarter-over-quarter.
- 13 funds opened new BNY Mellon Strategic Municipals positions in Q4 2025 and 10 closed out, a net change of +3 holders.
- The largest BNY Mellon Strategic Municipals buyer in Q4 2025 was Robinson Capital Management, an estimated $5.32M added.
- The largest BNY Mellon Strategic Municipals seller in Q4 2025 was Gridiron Partners, an estimated $9.95M sold.
Based on aggregated 13F filings for Q4 2025.