Neuberger Commodity Strategy ETF
NBCM
18 hedge funds and large institutions have $190M invested in Neuberger Commodity Strategy ETF in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 1 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
50% more funds holding
Funds holding: 12 → 18 (+6)
21% more capital invested
Capital invested by funds: $157M → $190M (+$32.9M)
5.83% more ownership
Funds ownership: 83.33% → 89.17% (+5.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$10.5M |
| 2 |
Neuberger Berman Group
New York
|
+$3.94M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.59M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.13M |
| 5 |
LPL Financial
San Diego,
California
|
+$435K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$242K |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$7.71K |
NBCM Hedge Fund Activity: Q1 2025 in Review
18 of the 7,463 institutional investors tracked by Wall St. Rank reported a position in Neuberger Commodity Strategy ETF (NBCM) for Q1 2025, worth a combined $190M — up 21% from $157M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NBCM positions and 1 closed out — a net gain of 6 holders — while 8 added to existing stakes and 1 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $10.5M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $242K sold.
- 18 institutional investors held Neuberger Commodity Strategy ETF (NBCM) as of Q1 2025, up from 12 in Q4 2024.
- Funds reported $190M of Neuberger Commodity Strategy ETF stock for Q1 2025, up 21% quarter-over-quarter.
- 7 funds opened new Neuberger Commodity Strategy ETF positions in Q1 2025 and 1 closed out, a net change of +6 holders.
- The largest Neuberger Commodity Strategy ETF buyer in Q1 2025 was Wealth Enhancement Advisory Services, an estimated $10.5M added.
- The largest Neuberger Commodity Strategy ETF seller in Q1 2025 was Flow Traders U.S., an estimated $242K sold.
Based on aggregated 13F filings for Q1 2025.