Neuberger Commodity Strategy ETF
NBCM
15 hedge funds and large institutions have $187M invested in Neuberger Commodity Strategy ETF in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
1% less capital invested
Capital invested by funds: $190M → $187M (-$2.8M)
6.09% less ownership
Funds ownership: 89.17% → 83.08% (-6.1%)
17% less funds holding
Funds holding: 18 → 15 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.59M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.42M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$589K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$406K |
| 5 |
IWP
IAG Wealth Partners
Waukesha,
Wisconsin
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$2.26M |
| 2 |
Neuberger Berman Group
New York
|
-$1.14M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$724K |
| 4 |
Jane Street
New York
|
-$673K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$37.5K |
NBCM Hedge Fund Activity: Q2 2025 in Review
15 of the 7,601 institutional investors tracked by Wall St. Rank reported a position in Neuberger Commodity Strategy ETF (NBCM) for Q2 2025, worth a combined $187M — down 1.5% from $190M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NBCM and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 5 added.
The largest buyer was Private Advisor Group, opening a new position worth an estimated $1.59M. The largest seller was Raymond James Financial, cutting an estimated $2.26M.
- 15 institutional investors held Neuberger Commodity Strategy ETF (NBCM) as of Q2 2025, down from 18 in Q1 2025.
- Funds reported $187M of Neuberger Commodity Strategy ETF stock for Q2 2025, down 1.5% quarter-over-quarter.
- 2 funds opened new Neuberger Commodity Strategy ETF positions in Q2 2025 and 5 closed out, a net change of -3 holders.
- The largest Neuberger Commodity Strategy ETF buyer in Q2 2025 was Private Advisor Group, an estimated $1.59M added.
- The largest Neuberger Commodity Strategy ETF seller in Q2 2025 was Raymond James Financial, an estimated $2.26M sold.
Based on aggregated 13F filings for Q2 2025.