Neuberger Commodity Strategy ETF
NBCM
8 hedge funds and large institutions have $255M invested in Neuberger Commodity Strategy ETF in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 4 closing their positions.
40% more capital invested
Capital invested by funds: $181M → $255M (+$73.4M)
37.67% more ownership
Funds ownership: 80.52% → 118.19% (+38%)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
33% less funds holding
Funds holding: 12 → 8 (-4)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$81.1M |
| 2 |
Neuberger Berman Group
New York
|
+$4.99M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.38M |
| 4 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$13.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$4.65M |
| 2 |
Jane Street
New York
|
-$806K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$508K |
| 4 |
VanEck Associates
New York
|
-$9K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$5.11K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| $169M | +$81.1M | +3,619,637 | +92% |
|
|
2
Neuberger Berman Group
New York
| $83.6M | +$4.99M | +222,668 | +6% |
|
|
3
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1.71M | +$1.38M | +61,699 | +412% |
|
|
4
LPL Financial
San Diego,
California
| $329K | -$4.65M | -207,514 | -93% |
|
|
IWM
5
IHT Wealth Management
Chicago,
Illinois
| $281K | – | – | – |
|
|
IA
6
IFP Advisors
Tampa,
Florida
| $77.1K | -$508K | -22,691 | -87% |
|
|
7
Osaic Holdings
Scottsdale,
Arizona
| $27.6K | -$5.11K | -228 | -16% |
|
|
GRP
8
Global Retirement Partners
San Rafael,
California
| $12.7K | +$13.5K | +603 | New |
|
|
9
Jane Street
New York
| – | -$806K | -34,978 | Closed |
|
|
10
VanEck Associates
New York
| – | -$9K | -400 | Closed |
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -143 | Closed |
|
|
RBC
12
Romano Brothers & Co
Evanston,
Illinois
| – | -$599 | -26 | Closed |
|
NBCM Hedge Fund Activity: Q1 2023 in Review
8 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Neuberger Commodity Strategy ETF (NBCM) for Q1 2023, worth a combined $255M — up 40% from $181M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NBCM and 1 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $81.1M. The largest seller was LPL Financial, cutting an estimated $4.65M.
- 8 institutional investors held Neuberger Commodity Strategy ETF (NBCM) as of Q1 2023, down from 12 in Q4 2022.
- Funds reported $255M of Neuberger Commodity Strategy ETF stock for Q1 2023, up 40% quarter-over-quarter.
- 1 fund opened new Neuberger Commodity Strategy ETF positions in Q1 2023 and 4 closed out, a net change of -3 holders.
- The largest Neuberger Commodity Strategy ETF buyer in Q1 2023 was Wealth Enhancement Advisory Services, an estimated $81.1M added.
- The largest Neuberger Commodity Strategy ETF seller in Q1 2023 was LPL Financial, an estimated $4.65M sold.
Based on aggregated 13F filings for Q1 2023.