Neuberger Municipal Fund Inc
NBH
35 hedge funds and large institutions have $29.7M invested in Neuberger Municipal Fund Inc in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 2 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
12% more capital invested
Capital invested by funds: $26.5M → $29.7M (+$3.17M)
3% more funds holding
Funds holding: 34 → 35 (+1)
0.52% more ownership
Funds ownership: 9.75% → 10.28% (+0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$703K |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$500K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$438K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$348K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$304K |
| 2 |
Morgan Stanley
New York
|
-$273K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$198K |
| 4 |
LPL Financial
San Diego,
California
|
-$133K |
| 5 |
Citigroup
New York
|
-$48K |
NBH Hedge Fund Activity: Q2 2014 in Review
35 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q2 2014, worth a combined $29.7M — up 12% from $26.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NBH positions and 2 closed out — a net gain of 1 holder — while 11 added to existing stakes and 7 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $703K. The largest seller was Guggenheim Capital, cutting an estimated $304K.
- 35 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q2 2014, up from 34 in Q1 2014.
- Funds reported $29.7M of Neuberger Municipal Fund Inc stock for Q2 2014, up 12% quarter-over-quarter.
- 3 funds opened new Neuberger Municipal Fund Inc positions in Q2 2014 and 2 closed out, a net change of +1 holder.
- The largest Neuberger Municipal Fund Inc buyer in Q2 2014 was First Trust Advisors, an estimated $703K added.
- The largest Neuberger Municipal Fund Inc seller in Q2 2014 was Guggenheim Capital, an estimated $304K sold.
Based on aggregated 13F filings for Q2 2014.