Neuberger Municipal Fund Inc
NBH
35 hedge funds and large institutions have $28.9M invested in Neuberger Municipal Fund Inc in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 5 closing their positions.
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
5% more capital invested
Capital invested by funds: $27.6M → $28.9M (+$1.28M)
0.21% more ownership
Funds ownership: 9.94% → 10.15% (+0.21%)
5% less funds holding
Funds holding: 37 → 35 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.43M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$459K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$339K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$338K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.8M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$798K |
| 3 |
LPL Financial
San Diego,
California
|
-$584K |
| 4 |
SG Americas Securities
New York
|
-$175K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$98.8K |
NBH Hedge Fund Activity: Q2 2017 in Review
35 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q2 2017, worth a combined $28.9M — up 4.6% from $27.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NBH and 3 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 19 added.
The largest buyer was Robinson Capital Management, adding an estimated $1.43M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.8M sold.
- 35 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q2 2017, down from 37 in Q1 2017.
- Funds reported $28.9M of Neuberger Municipal Fund Inc stock for Q2 2017, up 4.6% quarter-over-quarter.
- 3 funds opened new Neuberger Municipal Fund Inc positions in Q2 2017 and 5 closed out, a net change of -2 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q2 2017 was Robinson Capital Management, an estimated $1.43M added.
- The largest Neuberger Municipal Fund Inc seller in Q2 2017 was Laurion Capital Management, an estimated $1.8M sold.
Based on aggregated 13F filings for Q2 2017.