Neuberger Municipal Fund Inc
NBH
34 hedge funds and large institutions have $30.6M invested in Neuberger Municipal Fund Inc in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 2 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
3% more capital invested
Capital invested by funds: $29.7M → $30.6M (+$898K)
0.67% more ownership
Funds ownership: 10.28% → 10.95% (+0.67%)
3% less funds holding
Funds holding: 35 → 34 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$1.67M |
| 2 |
Morgan Stanley
New York
|
+$1.13M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$51.2K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$45.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$35.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$562K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$283K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$76K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$74.9K |
| 5 |
VCM
Vigilant Capital Management
Portland,
Maine
|
-$31K |
NBH Hedge Fund Activity: Q3 2014 in Review
34 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q3 2014, worth a combined $30.6M — up 3% from $29.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NBH and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 13 added.
The largest buyer was UBS, adding an estimated $1.67M. The largest seller was Invesco, cutting an estimated $562K.
- 34 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q3 2014, down from 35 in Q2 2014.
- Funds reported $30.6M of Neuberger Municipal Fund Inc stock for Q3 2014, up 3% quarter-over-quarter.
- 1 fund opened new Neuberger Municipal Fund Inc positions in Q3 2014 and 2 closed out, a net change of -1 holder.
- The largest Neuberger Municipal Fund Inc buyer in Q3 2014 was UBS, an estimated $1.67M added.
- The largest Neuberger Municipal Fund Inc seller in Q3 2014 was Invesco, an estimated $562K sold.
Based on aggregated 13F filings for Q3 2014.