Catch up on the essentials
- Parallel Advisors LLC increased its position in Bank of New York Mellon Corporation by 40.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission.
- Other third-quarter filings cited parallel developments in institutional holdings.
- Institutional investors and hedge funds were reported to own 85.31% of BNY’s shares.
Selected from this article · 2026-11-09
Read on for the full pictureParallel Advisors increases BNY position
Parallel Advisors LLC increased its position in Bank of New York Mellon Corporation by 40.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm reported holding 23,463 BNY shares after acquiring an additional 6,802 shares during the period. Its stake was valued at $3.393 million.
Other investors reported position changes
Other third-quarter filings cited parallel developments in institutional holdings. United Advisor Group LLC increased its position by 4.2%, adding 173 shares to reach 4,244 shares valued at $614,000. Ashton Thomas Private Wealth LLC raised its holdings by 12.0%, acquiring 3,648 shares and ending the quarter with 34,013 shares worth $4.919 million.
Calamos Wealth Management LLC increased its position by 19.5%, buying 513 shares to reach 3,139 shares valued at $454,000. CenterBook Partners LP established a new BNY position valued at approximately $2.621 million, while Heritage Family Offices LLP acquired a new stake worth approximately $188,000.
A separate review of filings reported that Oakworth Capital Inc. increased its position by 5.3% and McGlone Suttner Wealth Management Inc. raised its holdings by 0.8% during the third quarter. Physician Wealth Advisors Inc. increased its stake by 49.5%, while Riversedge Advisors LLC reported a 3.1% increase. The same review said Cornerstone Financial Management LLC had increased its position by 11.4%, but described that transaction as occurring in the second quarter.
Ownership concentration and market data
Institutional investors and hedge funds were reported to own 85.31% of BNY’s shares. The company’s shares opened at $147.92 on Monday, with a market capitalization of $99.54 billion, a price-to-earnings ratio of 16.34, a price-to-earnings-growth ratio of 0.98 and a beta of 1.02.
Bank of New York Mellon’s 52-week range was reported as $105.42 to $165.84. Its 50-day simple moving average was $150.26, while its 200-day simple moving average was $139.94.
Filing data does not establish broader demand
The reports concern position changes disclosed in regulatory filings during the third quarter. They do not identify the prices paid for the shares, provide evidence that the changes were coordinated, or establish a new round of institutional demand beyond the individual transactions reported.
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