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NBH

Neuberger Municipal Fund Inc

34 hedge funds and large institutions have $28.8M invested in Neuberger Municipal Fund Inc in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

6% more funds holding

Funds holding: 3234 (+2)

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

0.44% less ownership

Funds ownership: 10.38%9.94% (-0.44%)

6% less capital invested

Capital invested by funds: $30.6M → $28.8M (-$1.78M)

Holders
34
Holders Change
+2
Holders Change %
+6.25%
% of All Funds
0.91%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
8
Reduced
8
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$12.7M +$409K +26,163 +3%
Morgan Stanley
2
Morgan Stanley
New York
$1.63M -$1.21M -77,611 -43%
GC
3
Guggenheim Capital
Illinois
$1.5M -$214K -13,679 -12%
Wells Fargo
4
Wells Fargo
California
$1.41M +$72.9K +4,658 +5%
BC
5
Bartlett & Co
Ohio
$1.14M +$7.04K +450 +0.6%
BC
6
Brinker Capital
Pennsylvania
$1M -$23K -1,468 -2%
Bank of America
7
Bank of America
North Carolina
$918K +$175K +11,210 +23%
PMG
8
ProVise Management Group
Florida
$821K +$15.6K +1,000 +2%
NL
9
NWAM LLC
Washington
$810K
HighTower Advisors
10
HighTower Advisors
Illinois
$803K -$3.32K -212 -0.4%
BFEC
11
Benjamin F. Edwards & Company
Missouri
$757K +$27.4K +1,754 +4%
N
12
Nuveen
North Carolina
$756K
HK
13
Horizon Kinetics
New York
$742K -$7.82K -500 -1%
First Trust Advisors
14
First Trust Advisors
Illinois
$699K +$11.8K +755 +2%
RJA
15
Raymond James & Associates
Florida
$620K -$419K -26,807 -40%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$387K -$162K -10,349 -29%
CRC
17
Curi RMB Capital
Illinois
$381K +$383K +24,511 New
RJT
18
Raymond James Trust
Florida
$297K
VanEck Associates
19
VanEck Associates
New York
$268K +$41.2K +2,631 +18%
OC
20
Oppenheimer & Co
New York
$236K +$238K +15,186 New
FAAS
21
First Allied Advisory Services
California
$214K
FAM
22
Formidable Asset Management
Ohio
$177K +$183K +11,718 New
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$173K
LPL Financial
24
LPL Financial
California
$159K
HCM
25
Highlander Capital Management
New Jersey
$47K

NBH Hedge Fund Activity: Q1 2015 in Review

34 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q1 2015, worth a combined $28.8M — down 5.8% from $30.6M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new NBH positions and 3 closed out — a net gain of 2 holders — while 8 added to existing stakes and 8 trimmed.

The largest buyer was UBS Group, adding an estimated $409K. The largest seller was Morgan Stanley, cutting an estimated $1.21M.

  • 34 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q1 2015, up from 32 in Q4 2014.
  • Funds reported $28.8M of Neuberger Municipal Fund Inc stock for Q1 2015, down 5.8% quarter-over-quarter.
  • 5 funds opened new Neuberger Municipal Fund Inc positions in Q1 2015 and 3 closed out, a net change of +2 holders.
  • The largest Neuberger Municipal Fund Inc buyer in Q1 2015 was UBS Group, an estimated $409K added.
  • The largest Neuberger Municipal Fund Inc seller in Q1 2015 was Morgan Stanley, an estimated $1.21M sold.

Based on aggregated 13F filings for Q1 2015.