Neuberger Municipal Fund Inc
NBH
34 hedge funds and large institutions have $28.8M invested in Neuberger Municipal Fund Inc in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
6% more funds holding
Funds holding: 32 → 34 (+2)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
0.44% less ownership
Funds ownership: 10.38% → 9.94% (-0.44%)
6% less capital invested
Capital invested by funds: $30.6M → $28.8M (-$1.78M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$409K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$383K |
| 3 |
OC
Oppenheimer & Co
New York
|
+$238K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$189K |
| 5 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.21M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$875K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$419K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$214K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$162K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $46K | +$45.9K | +2,932 | New |
|
|
CFSG
27
Community Financial Services Group
Newport,
Vermont
| $40K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $33K | – | – | – |
|
|
LWM
29
Lenox Wealth Management
Cincinnati,
Ohio
| $27K | – | – | – |
|
30
Creative Planning
Overland Park,
Kansas
| $12K | – | – | – |
|
|
CTC
31
Central Trust Company
Jefferson City,
Missouri
| $8K | – | – | – |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| $5K | -$1.86K | -119 | -28% |
|
|
AIG
33
American International Group
New York
| $2.33K | – | – | – |
|
|
34
Northern Trust
Chicago,
Illinois
| $2K | +$189K | +12,102 | New |
|
|
35
Invesco
Atlanta,
Georgia
| – | -$875K | -56,039 | Closed |
|
36
SG Americas Securities
New York
| – | -$111K | -7,124 | Closed |
|
|
WA
37
WFG Advisors
Dallas,
Texas
| – | -$44K | -2,837 | Closed |
|
NBH Hedge Fund Activity: Q1 2015 in Review
34 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q1 2015, worth a combined $28.8M — down 5.8% from $30.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NBH positions and 3 closed out — a net gain of 2 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was UBS Group, adding an estimated $409K. The largest seller was Morgan Stanley, cutting an estimated $1.21M.
- 34 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q1 2015, up from 32 in Q4 2014.
- Funds reported $28.8M of Neuberger Municipal Fund Inc stock for Q1 2015, down 5.8% quarter-over-quarter.
- 5 funds opened new Neuberger Municipal Fund Inc positions in Q1 2015 and 3 closed out, a net change of +2 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q1 2015 was UBS Group, an estimated $409K added.
- The largest Neuberger Municipal Fund Inc seller in Q1 2015 was Morgan Stanley, an estimated $1.21M sold.
Based on aggregated 13F filings for Q1 2015.