Neuberger Municipal Fund Inc
NBH
30 hedge funds and large institutions have $23.1M invested in Neuberger Municipal Fund Inc in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 5 reducing their positions, and 3 closing their positions.
220% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 5
7% more capital invested
Capital invested by funds: $21.7M → $23.1M (+$1.47M)
0.82% more ownership
Funds ownership: 8.01% → 8.83% (+0.82%)
6% less funds holding
Funds holding: 32 → 30 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$1.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.05M |
| 3 |
Morgan Stanley
New York
|
+$628K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$251K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.4M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$614K |
| 3 |
HK
Horizon Kinetics
New York
|
-$148K |
| 4 |
LPL Financial
San Diego,
California
|
-$96.7K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$12.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $28K | – | – | – |
|
27
Ameriprise
Minneapolis,
Minnesota
| $24K | – | – | – |
|
28
Creative Planning
Overland Park,
Kansas
| $11K | – | – | – |
|
|
CTC
29
Central Trust Company
Jefferson City,
Missouri
| $7K | – | – | – |
|
|
AIG
30
American International Group
New York
| $2.1K | – | – | – |
|
|
AAM
31
Advisors Asset Management
Monument,
Colorado
| – | -$1.4M | -96,922 | Closed |
|
|
RJFSA
32
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$614K | -42,552 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$11K | -735 | Closed |
|
NBH Hedge Fund Activity: Q3 2013 in Review
30 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q3 2013, worth a combined $23.1M — up 6.8% from $21.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NBH and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 16 added.
The largest buyer was UBS, adding an estimated $1.6M. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.4M sold.
- 30 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q3 2013, down from 32 in Q2 2013.
- Funds reported $23.1M of Neuberger Municipal Fund Inc stock for Q3 2013, up 6.8% quarter-over-quarter.
- 1 fund opened new Neuberger Municipal Fund Inc positions in Q3 2013 and 3 closed out, a net change of -2 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q3 2013 was UBS, an estimated $1.6M added.
- The largest Neuberger Municipal Fund Inc seller in Q3 2013 was Advisors Asset Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q3 2013.