Neuberger Municipal Fund Inc
NBH
50 hedge funds and large institutions have $33.4M invested in Neuberger Municipal Fund Inc in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
16% more funds holding
Funds holding: 43 → 50 (+7)
3% more capital invested
Capital invested by funds: $32.3M → $33.4M (+$1.1M)
0.49% more ownership
Funds ownership: 11.19% → 11.68% (+0.49%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.51M |
| 2 |
LB
Leo Brokerage
Hurst,
Texas
|
+$612K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$361K |
| 4 |
Millennium Management
New York
|
+$276K |
| 5 |
MWM
Meridian Wealth Management
Lexington,
Kentucky
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$527K |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$517K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$346K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$318K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$317K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
N
51
Nuveen
Charlotte,
North Carolina
| – | -$517K | -33,556 | Closed |
|
|
52
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$346K | -22,464 | Closed |
|
|
PAM
53
Panagora Asset Management
Boston,
Massachusetts
| – | -$3K | -195 | Closed |
|
NBH Hedge Fund Activity: Q4 2020 in Review
50 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q4 2020, worth a combined $33.4M — up 3.4% from $32.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NBH positions and 3 closed out — a net gain of 8 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Kestra Advisory Services, opening a new position worth an estimated $1.51M. The largest seller was Raymond James & Associates, cutting an estimated $527K.
- 50 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q4 2020, up from 43 in Q3 2020.
- Funds reported $33.4M of Neuberger Municipal Fund Inc stock for Q4 2020, up 3.4% quarter-over-quarter.
- 11 funds opened new Neuberger Municipal Fund Inc positions in Q4 2020 and 3 closed out, a net change of +8 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q4 2020 was Kestra Advisory Services, an estimated $1.51M added.
- The largest Neuberger Municipal Fund Inc seller in Q4 2020 was Raymond James & Associates, an estimated $527K sold.
Based on aggregated 13F filings for Q4 2020.