Neuberger Municipal Fund Inc
NBH
32 hedge funds and large institutions have $26.9M invested in Neuberger Municipal Fund Inc in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 4 closing their positions.
0.26% less ownership
Funds ownership: 9.94% → 9.68% (-0.26%)
6% less funds holding
Funds holding: 34 → 32 (-2)
7% less capital invested
Capital invested by funds: $28.8M → $26.9M (-$1.91M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$647K |
| 2 |
AF
Affiance Financial
St. Louis Park,
Minnesota
|
+$182K |
| 3 |
BA
BKS Advisors
Southfield,
Michigan
|
+$177K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$134K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.5M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$381K |
| 3 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
-$44.3K |
| 4 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$44.3K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$33K |
NBH Hedge Fund Activity: Q2 2015 in Review
32 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q2 2015, worth a combined $26.9M — down 6.6% from $28.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NBH and 2 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was UBS Group, adding an estimated $647K. The largest seller was Guggenheim Capital, exiting entirely with an estimated $1.5M sold.
- 32 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q2 2015, down from 34 in Q1 2015.
- Funds reported $26.9M of Neuberger Municipal Fund Inc stock for Q2 2015, down 6.6% quarter-over-quarter.
- 2 funds opened new Neuberger Municipal Fund Inc positions in Q2 2015 and 4 closed out, a net change of -2 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q2 2015 was UBS Group, an estimated $647K added.
- The largest Neuberger Municipal Fund Inc seller in Q2 2015 was Guggenheim Capital, an estimated $1.5M sold.
Based on aggregated 13F filings for Q2 2015.