Neuberger Municipal Fund Inc
NBH
49 hedge funds and large institutions have $37M invested in Neuberger Municipal Fund Inc in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
23% more funds holding
Funds holding: 40 → 49 (+9)
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
9% more capital invested
Capital invested by funds: $33.9M → $37M (+$3.13M)
2.15% more ownership
Funds ownership: 13.39% → 15.54% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.37M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.34M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$980K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$683K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$548K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$858K |
| 2 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
-$618K |
| 3 |
BCWM
Bartlett & Co Wealth Management
Cincinnati,
Ohio
|
-$618K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$521K |
| 5 |
HK
Horizon Kinetics
New York
|
-$290K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| – | -$34K | -2,500 | Closed |
|
52
Fidelity Investments
Boston,
Massachusetts
| – | +$13 | +1 | New |
|
NBH Hedge Fund Activity: Q4 2018 in Review
49 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q4 2018, worth a combined $37M — up 9.2% from $33.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NBH positions and 3 closed out — a net gain of 9 holders — while 16 added to existing stakes and 14 trimmed.
The largest buyer was IHT Wealth Management, opening a new position worth an estimated $1.37M. The largest seller was Invesco, cutting an estimated $858K.
- 49 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q4 2018, up from 40 in Q3 2018.
- Funds reported $37M of Neuberger Municipal Fund Inc stock for Q4 2018, up 9.2% quarter-over-quarter.
- 12 funds opened new Neuberger Municipal Fund Inc positions in Q4 2018 and 3 closed out, a net change of +9 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q4 2018 was IHT Wealth Management, an estimated $1.37M added.
- The largest Neuberger Municipal Fund Inc seller in Q4 2018 was Invesco, an estimated $858K sold.
Based on aggregated 13F filings for Q4 2018.