BNY Mellon Strategic Municipals, Inc.
BNY Mellon Strategic Municipals, Inc. (LEO) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · LEO · as of Sep 30, 2025
Ownership Breakdown
100
Institutional Holders
▲ 3 vs Q2
$163.36M
Total Inst. Value
▲ $10.95M vs Q2
62.29M
Shares Outstanding
freeFloat 94.68%
27.72M
13F Shares Held
▲ 1.98M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
LEO largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
SABA CAPITAL MANAGEMENT, L.P. | 5.70M | 9.15% | 9.15% | $35.62B | Nov 14, 2025 | ▲ 117.3K |
PATHSTONE HOLDINGS, LLC | 3.84M | 6.16% | 6.16% | $24.00B | Nov 13, 2025 | ▲ 723.7K |
RIVERNORTH CAPITAL MANAGEMENT, LLC | 2.08M | 3.33% | 3.33% | $12.97B | Nov 14, 2025 | ▼ 137.4K |
GRIDIRON PARTNERS, LLC | 1.99M | 3.20% | 3.20% | $2.56B | Oct 14, 2025 | ▲ 1.59M |
WELLS FARGO & COMPANY/MN | 984.7K | 1.58% | 1.58% | $6.15B | Nov 13, 2025 | ▼ 238.0K |
GUGGENHEIM CAPITAL LLC | 964.2K | 1.55% | 1.55% | $6.03B | Nov 13, 2025 | ▲ 278.3K |
SIT INVESTMENT ASSOCIATES INC | 815.9K | 1.31% | 1.31% | $5.10B | Nov 13, 2025 | ▲ 159.6K |
HENNION & WALSH ASSET MANAGEMENT, INC. | 776.7K | 1.25% | 1.25% | $4.85B | Oct 22, 2025 | ▼ 544.4K |
BULLDOG INVESTORS, LLP | 725.1K | 1.16% | 1.16% | $4.53B | Nov 14, 2025 | ▲ 111.6K |
LOGAN STONE CAPITAL, LLC | 712.5K | 1.14% | 1.14% | $4.45B | Nov 14, 2025 | ▼ 337.1K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
20
Increased
+3.27M shares2
New Positions
first time holders17
Decreased
−1.47M shares0
Sold Out
fully exitedNet shares change (top 50)
+1.80M
+3.27M / −1.47M
Net new holders
+5
2 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
LEO insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
0
Buy transactions
4
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 22, 2022 | Purchase | 8,920 | $6.80 | $60.7K | 8.9K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 22, 2022 | Sale | 24 | $6.78 | $162.72 | 8.9K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 22, 2022 | Sale | 300 | $6.79 | $2.0K | 8.6K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 22, 2022 | Sale | 5 | $6.78 | $33.9 | 8.6K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 22, 2022 | Sale | 2,457 | $6.77 | $16.6K | 6.1K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 22, 2022 | Sale | 100 | $6.78 | $678 | 6.0K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 22, 2022 | Sale | 11 | $6.78 | $74.58 | 6.0K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 22, 2022 | Sale | 2,931 | $6.79 | $19.9K | 3.1K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 22, 2022 | Sale | 15 | $6.78 | $101.7 | 3.1K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Aug 22, 2022 | Sale | 1,777 | $6.78 | $12.0K | 1.3K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
BNY Mellon Strategic Municipals, Inc. (LEO) is primarily owned by institutional investors, who hold approximately 44.5% of total shares outstanding. Company insiders own approximately 5.32%, while retail and public investors account for the remaining 50.17%.
The largest institutional shareholder of BNY Mellon Strategic Municipals, Inc. is SABA CAPITAL MANAGEMENT, L.P., holding approximately 5.70 million shares — equal to 9.15% of outstanding shares — as of September 30, 2025.
A total of 100 institutional investors currently hold LEO stock, with a combined institutional value of approximately $163,356,154 as of the most recent 13F filing period.
Frequently asked questions
LEO ownershipBNY Mellon Strategic Municipals, Inc. (LEO) is primarily owned by institutional investors, who hold approximately 44.5% of shares. The largest shareholder is SABA CAPITAL MANAGEMENT, L.P. with a 9.15% stake. Company insiders hold 5.32%. Data sourced from SEC Form 13F as of September 30, 2025.