Neuberger Municipal Fund Inc
NBH
54 hedge funds and large institutions have $39.2M invested in Neuberger Municipal Fund Inc in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 22 reducing their positions, and 5 closing their positions.
1% less capital invested
Capital invested by funds: $39.7M → $39.2M (-$575K)
1.17% less ownership
Funds ownership: 20.21% → 19.04% (-1.2%)
7% less funds holding
Funds holding: 58 → 54 (-4)
45% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 22
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.5M |
| 2 |
Cohen & Steers
New York
|
+$855K |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$813K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$671K |
| 5 |
Rockefeller Capital Management
New York
|
+$507K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$1.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.12M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$949K |
| 4 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$630K |
| 5 |
SIC
Samalin Investment Counsel
Chappaqua,
New York
|
-$590K |
NBH Hedge Fund Activity: Q1 2023 in Review
54 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q1 2023, worth a combined $39.2M — down 1.4% from $39.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NBH and 2 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 12 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.5M. The largest seller was Ackerman Capital Advisors, cutting an estimated $1.2M.
- 54 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q1 2023, down from 58 in Q4 2022.
- Funds reported $39.2M of Neuberger Municipal Fund Inc stock for Q1 2023, down 1.4% quarter-over-quarter.
- 2 funds opened new Neuberger Municipal Fund Inc positions in Q1 2023 and 5 closed out, a net change of -3 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q1 2023 was Rivernorth Capital Management, an estimated $1.5M added.
- The largest Neuberger Municipal Fund Inc seller in Q1 2023 was Ackerman Capital Advisors, an estimated $1.2M sold.
Based on aggregated 13F filings for Q1 2023.