We are live on ! Find out more
NBH

Neuberger Municipal Fund Inc
NBH

34 hedge funds and large institutions have $26.5M invested in Neuberger Municipal Fund Inc in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 7

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

5% more capital invested

Capital invested by funds: $25.2M → $26.5M (+$1.37M)

3% more funds holding

Funds holding: 33 → 34 (+1)

0.21% more ownership

Funds ownership: 9.55% → 9.75% (+0.21%)

Holders
34
Holders Change
+1
Holders Change %
+3.03%
% of All Funds
0.98%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
11
Reduced
7
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
U
UBS
Switzerland
+$905K
2
NL
NWAM LLC
Washington
+$273K
3
Morgan Stanley
Morgan Stanley
New York
+$176K
4
N
Nuveen
North Carolina
+$119K
5
CFSG
Community Financial Services Group
Vermont
+$37.5K

Top Sellers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
-$294K
2
SG Americas Securities
SG Americas Securities
New York
-$190K
3
First Trust Advisors
First Trust Advisors
Illinois
-$178K
4
Bank of America
Bank of America
North Carolina
-$150K
5
VKH
Virtu KCG Holdings
New York
-$149K
Name Holding Trade Value Shares
Change 		Change in
Stake
U
1
UBS
Switzerland
$8.45M +$905K +62,706 +12%
GC
2
Guggenheim Capital
Illinois
$3.19M -$294K -20,370 -8%
Invesco
3
Invesco
Georgia
$3.17M -$75.6K -5,238 -2%
Morgan Stanley
4
Morgan Stanley
New York
$1.93M +$176K +12,172 +10%
Wells Fargo
5
Wells Fargo
California
$1.27M +$29.3K +2,028 +2%
BC
6
Bartlett & Co
Ohio
$1.09M -$5.05K -350 -0.5%
BC
7
Brinker Capital
Pennsylvania
$975K +$30.7K +2,125 +3%
RJA
8
Raymond James & Associates
Florida
$856K -$8.42K -583 -1%
HK
9
Horizon Kinetics
New York
$711K – – –
HighTower Advisors
10
HighTower Advisors
Illinois
$707K +$7.57K +524 +1%
N
11
Nuveen
North Carolina
$704K +$119K +8,223 +20%
PMG
12
ProVise Management Group
Florida
$659K +$35.1K +2,430 +6%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$417K – – –
BFEC
14
Benjamin F. Edwards & Company
Missouri
$400K +$12.3K +853 +3%
LPL Financial
15
LPL Financial
California
$307K -$14.4K -1,000 -5%
Bank of America
16
Bank of America
North Carolina
$288K -$150K -10,357 -34%
RJT
17
Raymond James Trust
Florida
$283K -$90.8K -6,288 -24%
NL
18
NWAM LLC
Washington
$274K +$273K +18,916 New
FAM
19
Formidable Asset Management
Ohio
$169K – – –
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$161K – – –
VanEck Associates
21
VanEck Associates
New York
$142K +$22K +1,524 +18%
CHC
22
City Holding Co
West Virginia
$57K – – –
Citigroup
23
Citigroup
New York
$48K +$27.7K +1,920 +138%
HCM
24
Highlander Capital Management
New Jersey
$43.5K – – –
WA
25
WFG Advisors
Texas
$40K +$318 +22 +0.8%
1
2

NBH Hedge Fund Activity: Q1 2014 in Review

34 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q1 2014, worth a combined $26.5M — up 5.5% from $25.2M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new NBH positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 7 trimmed.

The largest buyer was UBS, adding an estimated $905K. The largest seller was Guggenheim Capital, cutting an estimated $294K.

  • 34 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q1 2014, up from 33 in Q4 2013.
  • Funds reported $26.5M of Neuberger Municipal Fund Inc stock for Q1 2014, up 5.5% quarter-over-quarter.
  • 4 funds opened new Neuberger Municipal Fund Inc positions in Q1 2014 and 3 closed out, a net change of +1 holder.
  • The largest Neuberger Municipal Fund Inc buyer in Q1 2014 was UBS, an estimated $905K added.
  • The largest Neuberger Municipal Fund Inc seller in Q1 2014 was Guggenheim Capital, an estimated $294K sold.

Based on aggregated 13F filings for Q1 2014.