Neuberger Municipal Fund Inc
NBH
47 hedge funds and large institutions have $49.6M invested in Neuberger Municipal Fund Inc in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 5 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
48% more capital invested
Capital invested by funds: $33.4M → $49.6M (+$16.2M)
4.91% more ownership
Funds ownership: 11.68% → 16.59% (+4.9%)
6% less funds holding
Funds holding: 50 → 47 (-3)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.09M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$616K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$421K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$368K |
| 5 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
+$331K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LB
Leo Brokerage
Hurst,
Texas
|
-$1.81M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.53M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$580K |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$308K |
| 5 |
Millennium Management
New York
|
-$281K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Millennium Management
New York
| – | -$281K | -18,482 | Closed |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| – | -$4K | -282 | Closed |
|
NBH Hedge Fund Activity: Q1 2021 in Review
47 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q1 2021, worth a combined $49.6M — up 48% from $33.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NBH and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 16 added.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $1.09M. The largest seller was Leo Brokerage, exiting entirely with an estimated $1.81M sold.
- 47 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q1 2021, down from 50 in Q4 2020.
- Funds reported $49.6M of Neuberger Municipal Fund Inc stock for Q1 2021, up 48% quarter-over-quarter.
- 4 funds opened new Neuberger Municipal Fund Inc positions in Q1 2021 and 5 closed out, a net change of -1 holder.
- The largest Neuberger Municipal Fund Inc buyer in Q1 2021 was Guggenheim Capital, an estimated $1.09M added.
- The largest Neuberger Municipal Fund Inc seller in Q1 2021 was Leo Brokerage, an estimated $1.81M sold.
Based on aggregated 13F filings for Q1 2021.