Neuberger Berman Group Portfolio holdings
Neuberger Berman is an employee-owned investment manager that runs stock, bond, private equity and hedge fund portfolios for institutions, advisers and high net worth individuals. Art collector Roy Neuberger and banker Robert Berman co-founded the firm in 1939. Lehman Brothers bought it in 2003, and after Lehman collapsed in 2008 the firm's own managers won a bankruptcy auction for it, spinning it off in 2009 and returning it to full employee ownership by the end of 2014. Since going independent it has moved beyond its traditional focus on stocks into emerging markets debt, high-yield bonds and private equity, and in 2024 it led a private equity group that agreed to buy the school operator Nord Anglia Education. Art has been part of the firm's workplace culture since Roy Neuberger co-founded it, and it bought back many pieces of its collection at auction in 2010 after Lehman had absorbed them.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$463M |
| 2 |
Apple
AAPL
|
+$418M |
| 3 |
SpaceX
SPCX
|
+$361M |
| 4 |
NVIDIA
NVDA
|
+$291M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$285M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Advanced Micro Devices
AMD
|
+$428M |
| 2 |
Microsoft
MSFT
|
+$314M |
| 3 |
Boston Scientific
BSX
|
+$269M |
| 4 |
Teradyne
TER
|
+$249M |
| 5 |
T-Mobile US
TMUS
|
+$246M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.73% |
| 2 | Financials | 12.28% |
| 3 | Industrials | 12.08% |
| 4 | Healthcare | 8.91% |
| 5 | Consumer Discretionary | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
ExxonMobil
XOM
$748B
| $856M | 0.57% |
6,261,900
-3,693
| -0.1% | -$553K |
2013 Q2
52 quarters
|
|
27
Applied Materials
AMAT
$330B
| $844M | 0.56% |
1,171,023
+150,469
| +15% | +$69.4M |
2013 Q2
52 quarters
|
|
28
Costco
COST
$435B
| $824M | 0.55% |
880,718
-11,504
| -1% | -$11.5M |
2013 Q2
52 quarters
|
|
29
Motorola Solutions
MSI
$80B
| $792M | 0.53% |
1,906,237
+22,287
| +1% | +$9.33M |
2013 Q2
52 quarters
|
|
30
Targa Resources
TRGP
$65.6B
| $722M | 0.48% |
2,693,151
-16,745
| -0.6% | -$4.3M |
2013 Q2
52 quarters
|
|
31
Neuberger Core Equity ETF
NBCR
$853M
| $699M | 0.46% |
20,905,386
-1,164,566
| -5% | -$38.1M |
2024 Q3
7 quarters
|
|
32
Lam Research
LRCX
$318B
| $685M | 0.46% |
1,580,708
+117,662
| +8% | +$35.7M |
2013 Q2
52 quarters
|
|
33
Mastercard
MA
$535B
| $675M | 0.45% |
1,314,796
-152,953
| -10% | -$76.3M |
2013 Q2
52 quarters
|
|
34
Linde
LIN
$234B
| $661M | 0.44% |
1,274,638
+25,119
| +2% | +$12.7M |
2018 Q4
30 quarters
|
|
35
Cisco
CSCO
$435B
| $658M | 0.44% |
5,602,513
-278,734
| -5% | -$29.1M |
2013 Q2
52 quarters
|
|
36
TJX Companies
TJX
$152B
| $633M | 0.42% |
4,179,892
-179,996
| -4% | -$28.5M |
2013 Q2
52 quarters
|
|
37
Eaton
ETN
$153B
| $625M | 0.42% |
1,467,698
-28,937
| -2% | -$11.7M |
2013 Q2
52 quarters
|
|
38
CSX Corp
CSX
$96.3B
| $623M | 0.41% |
13,098,959
+840,905
| +7% | +$38M |
2013 Q2
52 quarters
|
|
39
Oracle
ORCL
$438B
| $604M | 0.4% |
4,119,442
-439,663
| -10% | -$79.7M |
2013 Q2
52 quarters
|
|
40
TSMC
TSM
$2.28T
| $602M | 0.4% |
1,262,210
-10,641
| -0.8% | -$4.32M |
2013 Q2
52 quarters
|
|
41
United Rentals
URI
$72.7B
| $586M | 0.39% |
517,484
+46,189
| +10% | +$43.9M |
2013 Q2
52 quarters
|
|
42
Vanguard S&P 500 ETF
VOO
$1.05T
| $581M | 0.39% |
845,691
+81,158
| +11% | +$54.1M |
2014 Q4
46 quarters
|
|
43
Union Pacific
UNP
$177B
| $562M | 0.37% |
2,066,771
+275,004
| +15% | +$72.2M |
2013 Q2
52 quarters
|
|
44
Aon
AON
$67B
| $561M | 0.37% |
1,691,729
-166,105
| -9% | -$53.6M |
2013 Q2
52 quarters
|
|
45
Uber
UBER
$133B
| $557M | 0.37% |
7,722,584
+1,100,255
| +17% | +$80.7M |
2019 Q2
28 quarters
|
|
46
GE Vernova
GEV
$232B
| $544M | 0.36% |
462,934
+129,740
| +39% | +$132M |
2024 Q2
8 quarters
|
|
47
Morgan Stanley
MS
$298B
| $543M | 0.36% |
2,597,715
+214,361
| +9% | +$42.4M |
2013 Q2
52 quarters
|
|
48
Texas Instruments
TXN
$283B
| $528M | 0.35% |
1,775,520
+236,394
| +15% | +$65.6M |
2013 Q2
52 quarters
|
|
49
Walmart Inc
WMT
$942B
| $527M | 0.35% |
4,653,662
+24,045
| +0.5% | +$2.99M |
2013 Q2
52 quarters
|
|
50
McDonald's
MCD
$177B
| $522M | 0.35% |
1,931,973
-8,581
| -0.4% | -$2.46M |
2013 Q2
52 quarters
|
|
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Neuberger Berman Group's Q2 2026 Portfolio in Review
As of Q2 2026, Neuberger Berman Group held 2,421 positions worth $150B, up 14% from $131B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Neuberger Berman Group's Q2 2026 filing shows 259 new, 1,157 increased, 848 reduced and 81 closed positions. Its largest new stake was SpaceX: 2,127,228 shares worth $363M. The largest sale was Advanced Micro Devices, an estimated $428M.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 25% a quarter earlier, followed by Financials and Industrials.
- Neuberger Berman Group's largest Q2 2026 buy was SpaceX: 2,127,228 shares worth $363M.
- Neuberger Berman Group added most to Amazon in Q2 2026, an estimated $463M increase.
- Neuberger Berman Group's biggest Q2 2026 reduction was Advanced Micro Devices, cutting an estimated $428M.
- Neuberger Berman Group fully exited Hologic in Q2 2026, selling an estimated $103M.
- Neuberger Berman Group's ten largest holdings make up 23% of its $150B portfolio in Q2 2026.
- Neuberger Berman Group opened 259 new positions and closed 81 in Q2 2026.
- Neuberger Berman Group's portfolio value rose 14% quarter-over-quarter to $150B.
Based on Neuberger Berman Group's 13F filing for Q2 2026, filed 13 Aug 2026.