Neuberger Municipal Fund Inc
NBH
32 hedge funds and large institutions have $28.4M invested in Neuberger Municipal Fund Inc in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 7 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
2% more capital invested
Capital invested by funds: $27.9M → $28.4M (+$481K)
0.31% less ownership
Funds ownership: 9.38% → 9.07% (-0.31%)
9% less funds holding
Funds holding: 35 → 32 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$324K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$269K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$187K |
| 4 |
VanEck Associates
New York
|
+$161K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
-$894K |
| 2 |
LPL Financial
San Diego,
California
|
-$384K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$335K |
| 4 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$195K |
| 5 |
BA
BKS Advisors
Southfield,
Michigan
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $64K | +$53.8K | +3,255 | +597% |
|
|
HCM
27
Highlander Capital Management
Short Hills,
New Jersey
| $50K | – | – | – |
|
28
Creative Planning
Overland Park,
Kansas
| $45K | – | – | – |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $29K | +$28.7K | +1,738 | New |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $16K | +$16.5K | +1,000 | New |
|
|
CTC
31
Central Trust Company
Jefferson City,
Missouri
| $8K | – | – | – |
|
32
Northern Trust
Chicago,
Illinois
| $2K | – | – | – |
|
|
FAM
33
Formidable Asset Management
Cincinnati,
Ohio
| – | -$195K | -11,718 | Closed |
|
|
BA
34
BKS Advisors
Southfield,
Michigan
| – | -$188K | -11,610 | Closed |
|
|
SNT
35
Security National Trust
Wheeling,
West Virginia
| – | -$157K | -9,700 | Closed |
|
|
MFT
36
Moisand Fitzgerald Tamayo
Orlando,
Florida
| – | -$96K | -5,932 | Closed |
|
37
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$50K | -3,057 | Closed |
|
|
AIG
38
American International Group
New York
| – | -$18K | -1,150 | Closed |
|
39
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$5K | -300 | Closed |
|
NBH Hedge Fund Activity: Q2 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q2 2016, worth a combined $28.4M — up 1.7% from $27.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NBH and 4 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 11 added.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $324K. The largest seller was Bartlett & Co, cutting an estimated $894K.
- 32 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q2 2016, down from 35 in Q1 2016.
- Funds reported $28.4M of Neuberger Municipal Fund Inc stock for Q2 2016, up 1.7% quarter-over-quarter.
- 4 funds opened new Neuberger Municipal Fund Inc positions in Q2 2016 and 7 closed out, a net change of -3 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q2 2016 was Curi RMB Capital, an estimated $324K added.
- The largest Neuberger Municipal Fund Inc seller in Q2 2016 was Bartlett & Co, an estimated $894K sold.
Based on aggregated 13F filings for Q2 2016.