Neuberger Municipal Fund Inc
NBH
33 hedge funds and large institutions have $25.2M invested in Neuberger Municipal Fund Inc in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
10% more funds holding
Funds holding: 30 → 33 (+3)
9% more capital invested
Capital invested by funds: $23.1M → $25.2M (+$2.02M)
0.72% more ownership
Funds ownership: 8.83% → 9.55% (+0.72%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.98M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$1.73M |
| 3 |
SG Americas Securities
New York
|
+$190K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$149K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$100K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$676K |
| 2 |
HK
Horizon Kinetics
New York
|
-$621K |
| 3 |
Morgan Stanley
New York
|
-$361K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$226K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$138K |
NBH Hedge Fund Activity: Q4 2013 in Review
33 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q4 2013, worth a combined $25.2M — up 8.7% from $23.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NBH positions and 3 closed out — a net gain of 3 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Invesco, adding an estimated $1.98M. The largest seller was First Trust Advisors, cutting an estimated $676K.
- 33 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q4 2013, up from 30 in Q3 2013.
- Funds reported $25.2M of Neuberger Municipal Fund Inc stock for Q4 2013, up 8.7% quarter-over-quarter.
- 6 funds opened new Neuberger Municipal Fund Inc positions in Q4 2013 and 3 closed out, a net change of +3 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q4 2013 was Invesco, an estimated $1.98M added.
- The largest Neuberger Municipal Fund Inc seller in Q4 2013 was First Trust Advisors, an estimated $676K sold.
Based on aggregated 13F filings for Q4 2013.