DMB β€” BNY MELLON MUN BD INFRASTRUC

Ownership history in Ackerman Capital Advisors, LLC  Β·  13 quarters on record

This page tracks every 13F SEC filing in which Ackerman Capital Advisors, LLC reported a position in BNY MELLON MUN BD INFRASTRUC (DMB). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.46% (2025 Q1)
πŸ“Š Avg. % of fund
0.28%
πŸ“… First filed
2021 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
13

Position Intelligence

Ackerman Capital Advisors, LLC Γ— DMB AI Analytics

πŸ“‰ Ackerman Capital Advisors, LLC underperformed the S&P 500 by –18.0% annually on this DMB position. Timing score: 50% (6/12 decisions correct). Average cost basis: $9.94. Maximum drawdown during holding period: –23.5%.

πŸ“ˆ Position Alpha vs SPY
-18.0%
annualised excess return

❌ Significantly underperformed the S&P 500 by 18.0% ann.
12 quarters analyzed

⏱️ Timing Score
50%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
6 of 12 add/trim decisions correct

πŸ’° Entry Quality
$9.94
+9.4% vs current ($10.87)

Best entry: $9.23 (2022 Q4)  Β·  Worst: $12.06 (2021 Q4)

πŸ›‘οΈ Drawdown Resilience
–23.5%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
69%
buy-side decisions

9 adds Β· 4 trims. Bought during 4 of 5 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.18% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    DMB price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 82,167 -39,079 -32.2% 0.18% $903K $10.87
2025 Q3 REDUCED 121,246 -18,053 -13.0% 0.27% $1.3M $10.46
2025 Q2 REDUCED 139,299 -26,633 -16.1% 0.33% $1.4M $9.88
2025 Q1 ADDED 165,932 +4,040 +2.5% 0.46% $1.8M $10.11
2024 Q4 ADDED 161,892 +8,295 +5.4% 0.44% $1.7M $9.82
2024 Q3 ADDED 153,597 +16,835 +12.3% 0.44% $1.7M $10.50
2024 Q2 ADDED 136,762 +1,234 +0.9% 0.38% $1.4M $9.87
2024 Q1 ADDED 135,528 +18,044 +15.4% 0.39% $1.4M $9.61
2023 Q4 ADDED 117,484 +84,338 +254.4% 0.34% $1.2M $9.45
2023 Q2 REDUCED 33,146 -3,466 -9.5% 0.09% $357K $9.66
3 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
← Back to Ackerman Capital Advisors, LLC Holdings