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NBH

Neuberger Municipal Fund Inc

32 hedge funds and large institutions have $25.6M invested in Neuberger Municipal Fund Inc in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 7

0% more funds holding

Funds holding: 3232 (0)

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

0.81% less ownership

Funds ownership: 9.07%8.26% (-0.81%)

10% less capital invested

Capital invested by funds: $28.4M → $25.6M (-$2.8M)

Holders
32
Holders Change
Holders Change %
0%
% of All Funds
0.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
10
Reduced
7
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$9.89M -$2.29M -135,013 -18%
Morgan Stanley
2
Morgan Stanley
New York
$1.76M +$69.5K +4,093 +4%
Bank of America
3
Bank of America
North Carolina
$1.64M -$56.2K -3,313 -3%
Wells Fargo
4
Wells Fargo
California
$1.59M -$144K -8,477 -8%
BFEC
5
Benjamin F. Edwards & Company
Missouri
$1.25M +$108K +6,352 +9%
PMG
6
ProVise Management Group
Florida
$926K +$23.4K +1,380 +3%
HighTower Advisors
7
HighTower Advisors
Illinois
$915K +$31.7K +1,869 +4%
NL
8
NWAM LLC
Washington
$864K
HK
9
Horizon Kinetics
New York
$707K
RJA
10
Raymond James & Associates
Florida
$696K -$85 -5 -0%
VanEck Associates
11
VanEck Associates
New York
$690K +$69.4K +4,088 +11%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$596K +$26K +1,533 +4%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$482K +$20.7K +1,222 +4%
GC
14
Guggenheim Capital
Illinois
$480K -$11.2K -662 -2%
N
15
Nuveen
North Carolina
$475K
First Trust Advisors
16
First Trust Advisors
Illinois
$351K -$234K -13,776 -39%
RJT
17
Raymond James Trust
Florida
$319K
LPL Financial
18
LPL Financial
California
$318K +$50.6K +2,982 +18%
FAAS
19
First Allied Advisory Services
California
$281K +$62.1K +3,656 +28%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$274K +$280K +16,503 New
BC
21
Bartlett & Co
Ohio
$208K -$17K -1,000 -7%
SPC
22
Sigma Planning Corp
Michigan
$208K
AF
23
Affiance Financial
Minnesota
$197K
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$192K
Creative Planning
25
Creative Planning
Kansas
$100K +$56.6K +3,333 +125%

NBH Hedge Fund Activity: Q3 2016 in Review

32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q3 2016, worth a combined $25.6M — down 9.9% from $28.4M a quarter earlier.

Fund positioning in NBH was balanced in Q3 2016: 2 funds opened new positions, 2 closed out, 10 added to existing stakes and 7 trimmed.

The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $280K. The largest seller was UBS Group, cutting an estimated $2.29M.

  • 32 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q3 2016, unchanged from Q2 2016.
  • Funds reported $25.6M of Neuberger Municipal Fund Inc stock for Q3 2016, down 9.9% quarter-over-quarter.
  • 2 funds opened new Neuberger Municipal Fund Inc positions in Q3 2016 and 2 closed out, a net change of 0 holders.
  • The largest Neuberger Municipal Fund Inc buyer in Q3 2016 was Commonwealth Equity Services, an estimated $280K added.
  • The largest Neuberger Municipal Fund Inc seller in Q3 2016 was UBS Group, an estimated $2.29M sold.

Based on aggregated 13F filings for Q3 2016.