Neuberger Municipal Fund Inc
NBH
31 hedge funds and large institutions have $24.9M invested in Neuberger Municipal Fund Inc in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 2 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
0.03% less ownership
Funds ownership: 8.26% → 8.23% (-0.03%)
3% less capital invested
Capital invested by funds: $25.6M → $24.9M (-$695K)
3% less funds holding
Funds holding: 32 → 31 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Affiance Financial
St. Louis Park,
Minnesota
|
+$367K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$299K |
| 3 |
SCA
Snowden Capital Advisors
New York
|
+$220K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$211K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$631K |
| 2 |
Morgan Stanley
New York
|
-$495K |
| 3 |
VanEck Associates
New York
|
-$213K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$192K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$102K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $61K | – | – | – |
|
|
HCM
27
Highlander Capital Management
Short Hills,
New Jersey
| $49K | – | – | – |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $28K | – | – | – |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $16K | – | – | – |
|
|
CTC
30
Central Trust Company
Jefferson City,
Missouri
| $8K | – | – | – |
|
31
Northern Trust
Chicago,
Illinois
| $2K | +$78.1K | +4,996 | +50% |
|
|
32
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$192K | -11,544 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$2K | -147 | Closed |
|
NBH Hedge Fund Activity: Q4 2016 in Review
31 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q4 2016, worth a combined $24.9M — down 2.7% from $25.6M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NBH and 1 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 11 added.
The largest buyer was Affiance Financial, adding an estimated $367K. The largest seller was Wells Fargo, cutting an estimated $631K.
- 31 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q4 2016, down from 32 in Q3 2016.
- Funds reported $24.9M of Neuberger Municipal Fund Inc stock for Q4 2016, down 2.7% quarter-over-quarter.
- 1 fund opened new Neuberger Municipal Fund Inc positions in Q4 2016 and 2 closed out, a net change of -1 holder.
- The largest Neuberger Municipal Fund Inc buyer in Q4 2016 was Affiance Financial, an estimated $367K added.
- The largest Neuberger Municipal Fund Inc seller in Q4 2016 was Wells Fargo, an estimated $631K sold.
Based on aggregated 13F filings for Q4 2016.