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NBH

Neuberger Municipal Fund Inc

42 hedge funds and large institutions have $32.3M invested in Neuberger Municipal Fund Inc in 2017 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 8

14% more funds holding

Funds holding: 3742 (+5)

4% more capital invested

Capital invested by funds: $31M → $32.3M (+$1.29M)

0.87% more ownership

Funds ownership: 10.81%11.68% (+0.87%)

0% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 11

Holders
42
Holders Change
+5
Holders Change %
+13.51%
% of All Funds
0.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
11
Reduced
11
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$9.27M -$224K -14,882 -2%
RCM
2
Robinson Capital Management
Michigan
$2.15M -$1.13M -74,928 -34%
Invesco
3
Invesco
Georgia
$2.02M +$1.02M +67,697 +98%
AAM
4
Advisors Asset Management
Colorado
$1.65M +$359K +23,827 +27%
Bank of America
5
Bank of America
North Carolina
$1.65M -$216K -14,344 -11%
BFEC
6
Benjamin F. Edwards & Company
Missouri
$1.5M +$41.5K +2,757 +3%
RJA
7
Raymond James & Associates
Florida
$1.41M +$163K +10,847 +13%
Morgan Stanley
8
Morgan Stanley
New York
$968K -$112K -7,451 -10%
PMG
9
ProVise Management Group
Florida
$965K +$102K +6,788 +12%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$842K +$115K +7,615 +15%
HK
11
Horizon Kinetics
New York
$839K +$151K +10,000 +21%
NL
12
NWAM LLC
Washington
$770K
MOS
13
MGO One Seven
Ohio
$746K +$759K +50,435 New
First Trust Advisors
14
First Trust Advisors
Illinois
$688K -$39.4K -2,616 -5%
Wells Fargo
15
Wells Fargo
California
$673K -$12K -800 -2%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$671K -$84.8K -5,632 -11%
VanEck Associates
17
VanEck Associates
New York
$615K +$46.7K +3,104 +8%
WAAG
18
Wealth Alliance Advisory Group
Kansas
$520K +$530K +35,182 New
LCM
19
Laurion Capital Management
New York
$514K +$523K +34,764 New
SG Americas Securities
20
SG Americas Securities
New York
$483K +$492K +32,661 New
N
21
Nuveen
North Carolina
$423K
CRC
22
Curi RMB Capital
Illinois
$370K +$377K +25,025 New
AF
23
Affiance Financial
Minnesota
$307K -$19K -1,260 -6%
OC
24
Oppenheimer & Co
New York
$301K +$306K +20,350 New
BC
25
Bartlett & Co
Ohio
$260K +$20.4K +1,354 +8%

NBH Hedge Fund Activity: Q4 2017 in Review

42 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q4 2017, worth a combined $32.3M — up 4.1% from $31M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new NBH positions and 8 closed out — a net gain of 5 holders — while 11 added to existing stakes and 11 trimmed.

The largest buyer was Invesco, adding an estimated $1.02M. The largest seller was Robinson Capital Management, cutting an estimated $1.13M.

  • 42 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q4 2017, up from 37 in Q3 2017.
  • Funds reported $32.3M of Neuberger Municipal Fund Inc stock for Q4 2017, up 4.1% quarter-over-quarter.
  • 13 funds opened new Neuberger Municipal Fund Inc positions in Q4 2017 and 8 closed out, a net change of +5 holders.
  • The largest Neuberger Municipal Fund Inc buyer in Q4 2017 was Invesco, an estimated $1.02M added.
  • The largest Neuberger Municipal Fund Inc seller in Q4 2017 was Robinson Capital Management, an estimated $1.13M sold.

Based on aggregated 13F filings for Q4 2017.