Neuberger Municipal Fund Inc
NBH
86 hedge funds and large institutions have $109M invested in Neuberger Municipal Fund Inc in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
9% more funds holding
Funds holding: 79 → 86 (+7)
7% more capital invested
Capital invested by funds: $102M → $109M (+$7.52M)
2.59% more ownership
Funds ownership: 41.34% → 43.93% (+2.6%)
23% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 26
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.77M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.55M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.21M |
| 4 |
PAS
Park Avenue Securities
New York
|
+$1.15M |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$966K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.31M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$741K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$703K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$312K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$276K |
NBH Hedge Fund Activity: Q1 2024 in Review
86 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Neuberger Municipal Fund Inc (NBH) for Q1 2024, worth a combined $109M — up 7.4% from $102M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NBH positions and 6 closed out — a net gain of 9 holders — while 20 added to existing stakes and 26 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.77M. The largest seller was Guggenheim Capital, cutting an estimated $1.31M.
- 86 institutional investors held Neuberger Municipal Fund Inc (NBH) as of Q1 2024, up from 79 in Q4 2023.
- Funds reported $109M of Neuberger Municipal Fund Inc stock for Q1 2024, up 7.4% quarter-over-quarter.
- 15 funds opened new Neuberger Municipal Fund Inc positions in Q1 2024 and 6 closed out, a net change of +9 holders.
- The largest Neuberger Municipal Fund Inc buyer in Q1 2024 was Sit Investment Associates, an estimated $2.77M added.
- The largest Neuberger Municipal Fund Inc seller in Q1 2024 was Guggenheim Capital, an estimated $1.31M sold.
Based on aggregated 13F filings for Q1 2024.