Neuberger Municipal Fund Inc
NBH
58 hedge funds and large institutions have $40.1M invested in Neuberger Municipal Fund Inc in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
4% more funds holding
Funds holding: 56 → 58 (+2)
2.28% more ownership
Funds ownership: 20.8% → 23.08% (+2.3%)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
1% less capital invested
Capital invested by funds: $40.3M → $40.1M (-$239K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.11M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.85M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.4M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.11M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$874K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.72M |
| 2 |
Cohen & Steers
New York
|
-$370K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$361K |
| 4 |
Morgan Stanley
New York
|
-$301K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$133K |
NBH Hedge Fund Activity: Q3 2023 in Review
58 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q3 2023, worth a combined $40.1M — down 0.59% from $40.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NBH positions and 6 closed out — a net gain of 2 holders — while 19 added to existing stakes and 18 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.11M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $2.72M sold.
- 58 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q3 2023, up from 56 in Q2 2023.
- Funds reported $40.1M of Neuberger Municipal Fund Inc stock for Q3 2023, down 0.59% quarter-over-quarter.
- 8 funds opened new Neuberger Municipal Fund Inc positions in Q3 2023 and 6 closed out, a net change of +2 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q3 2023 was Rivernorth Capital Management, an estimated $2.11M added.
- The largest Neuberger Municipal Fund Inc seller in Q3 2023 was Robinson Capital Management, an estimated $2.72M sold.
Based on aggregated 13F filings for Q3 2023.