Neuberger Municipal Fund Inc
NBH
40 hedge funds and large institutions have $33.9M invested in Neuberger Municipal Fund Inc in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 8 closing their positions.
1.04% less ownership
Funds ownership: 14.43% → 13.39% (-1%)
6% less capital invested
Capital invested by funds: $36.1M → $33.9M (-$2.26M)
9% less funds holding
Funds holding: 44 → 40 (-4)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$426K |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
+$353K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$209K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$203K |
| 5 |
VanEck Associates
New York
|
+$144K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.94M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$835K |
| 3 |
CF
Centaurus Financial
Anaheim,
California
|
-$760K |
| 4 |
LFS
Legacy Financial Strategies
Overland Park,
Kansas
|
-$280K |
| 5 |
SG Americas Securities
New York
|
-$231K |
NBH Hedge Fund Activity: Q3 2018 in Review
40 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q3 2018, worth a combined $33.9M — down 6.3% from $36.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NBH and 4 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 9 added.
The largest buyer was Advisors Asset Management, adding an estimated $426K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.94M sold.
- 40 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q3 2018, down from 44 in Q2 2018.
- Funds reported $33.9M of Neuberger Municipal Fund Inc stock for Q3 2018, down 6.3% quarter-over-quarter.
- 4 funds opened new Neuberger Municipal Fund Inc positions in Q3 2018 and 8 closed out, a net change of -4 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q3 2018 was Advisors Asset Management, an estimated $426K added.
- The largest Neuberger Municipal Fund Inc seller in Q3 2018 was Laurion Capital Management, an estimated $1.94M sold.
Based on aggregated 13F filings for Q3 2018.