Neuberger Municipal Fund Inc
NBH
41 hedge funds and large institutions have $40.1M invested in Neuberger Municipal Fund Inc in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 14 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
8% more capital invested
Capital invested by funds: $37M → $40.1M (+$3.09M)
0.71% less ownership
Funds ownership: 15.54% → 14.84% (-0.71%)
16% less funds holding
Funds holding: 49 → 41 (-8)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.69M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$677K |
| 3 |
Cohen & Steers
New York
|
+$258K |
| 4 |
SF
Synovus Financial
Columbus,
Georgia
|
+$228K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$965K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$834K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$470K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$382K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$368K |
NBH Hedge Fund Activity: Q1 2019 in Review
41 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q1 2019, worth a combined $40.1M — up 8.4% from $37M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NBH and 7 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 15 added.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $1.69M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $965K sold.
- 41 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q1 2019, down from 49 in Q4 2018.
- Funds reported $40.1M of Neuberger Municipal Fund Inc stock for Q1 2019, up 8.4% quarter-over-quarter.
- 7 funds opened new Neuberger Municipal Fund Inc positions in Q1 2019 and 14 closed out, a net change of -7 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q1 2019 was Parametric Portfolio Associates, an estimated $1.69M added.
- The largest Neuberger Municipal Fund Inc seller in Q1 2019 was Wolverine Asset Management, an estimated $965K sold.
Based on aggregated 13F filings for Q1 2019.