Neuberger Municipal Fund Inc
NBH
37 hedge funds and large institutions have $27.6M invested in Neuberger Municipal Fund Inc in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
19% more funds holding
Funds holding: 31 → 37 (+6)
11% more capital invested
Capital invested by funds: $24.9M → $27.6M (+$2.69M)
1.71% more ownership
Funds ownership: 8.23% → 9.94% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.99M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$1.86M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$360K |
| 4 |
LPL Financial
San Diego,
California
|
+$312K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$295K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$312K |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$212K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$166K |
| 4 |
Morgan Stanley
New York
|
-$134K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$83.4K |
NBH Hedge Fund Activity: Q1 2017 in Review
37 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q1 2017, worth a combined $27.6M — up 11% from $24.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NBH positions and 2 closed out — a net gain of 6 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.99M. The largest seller was Raymond James Trust, exiting entirely with an estimated $312K sold.
- 37 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q1 2017, up from 31 in Q4 2016.
- Funds reported $27.6M of Neuberger Municipal Fund Inc stock for Q1 2017, up 11% quarter-over-quarter.
- 8 funds opened new Neuberger Municipal Fund Inc positions in Q1 2017 and 2 closed out, a net change of +6 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q1 2017 was Robinson Capital Management, an estimated $1.99M added.
- The largest Neuberger Municipal Fund Inc seller in Q1 2017 was Raymond James Trust, an estimated $312K sold.
Based on aggregated 13F filings for Q1 2017.