Neuberger Commodity Strategy ETF
NBCM
20 hedge funds and large institutions have $199M invested in Neuberger Commodity Strategy ETF in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
25% more funds holding
Funds holding: 16 → 20 (+4)
7.8% less ownership
Funds ownership: 107.39% → 99.59% (-7.8%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
15% less capital invested
Capital invested by funds: $233M → $199M (-$33.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.66M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.31M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$840K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$383K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$89.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$19.2M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.55M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$790K |
| 4 |
LPL Financial
San Diego,
California
|
-$207K |
| 5 |
SMG
Smart Money Group
Eastland,
Texas
|
-$110K |
NBCM Hedge Fund Activity: Q4 2023 in Review
20 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in Neuberger Commodity Strategy ETF (NBCM) for Q4 2023, worth a combined $199M — down 15% from $233M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NBCM positions and 2 closed out — a net gain of 4 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Jane Street, adding an estimated $2.66M. The largest seller was Neuberger Berman Group, cutting an estimated $19.2M.
- 20 institutional investors held Neuberger Commodity Strategy ETF (NBCM) as of Q4 2023, up from 16 in Q3 2023.
- Funds reported $199M of Neuberger Commodity Strategy ETF stock for Q4 2023, down 15% quarter-over-quarter.
- 6 funds opened new Neuberger Commodity Strategy ETF positions in Q4 2023 and 2 closed out, a net change of +4 holders.
- The largest Neuberger Commodity Strategy ETF buyer in Q4 2023 was Jane Street, an estimated $2.66M added.
- The largest Neuberger Commodity Strategy ETF seller in Q4 2023 was Neuberger Berman Group, an estimated $19.2M sold.
Based on aggregated 13F filings for Q4 2023.