Neuberger Berman New York Municipal Fund Inc.
NBO was delisted on the 20th of October, 2023.
27 hedge funds and large institutions have $15.9M invested in Neuberger Berman New York Municipal Fund Inc. in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 5 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
11% more capital invested
Capital invested by funds: $14.3M → $15.9M (+$1.64M)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
4% less funds holding
Funds holding: 28 → 27 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.36M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$643K |
| 3 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$461K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$274K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.31M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$163K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$124K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$108K |
| 5 |
Citigroup
New York
|
-$26K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $7K | – | – | – |
|
27
Rockefeller Capital Management
New York
| $6K | – | – | – |
|
|
RCM
28
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$2.31M | -187,168 | Closed |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$163K | -13,254 | Closed |
|
|
CRC
30
Curi RMB Capital
Chicago,
Illinois
| – | -$124K | -10,041 | Closed |
|
|
31
Citigroup
New York
| – | -$26K | -2,112 | Closed |
|
NBO Hedge Fund Activity: Q1 2021 in Review
27 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman New York Municipal Fund Inc. (NBO) for Q1 2021, worth a combined $15.9M — up 11% from $14.3M a quarter earlier.
Fund positioning in NBO was balanced in Q1 2021: 5 funds opened new positions, 5 closed out, 8 added to existing stakes and 3 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.36M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.31M sold.
- 27 institutional investors held Neuberger Berman New York Municipal Fund Inc. (NBO) as of Q1 2021, down from 28 in Q4 2020.
- Funds reported $15.9M of Neuberger Berman New York Municipal Fund Inc. stock for Q1 2021, up 11% quarter-over-quarter.
- 5 funds opened new Neuberger Berman New York Municipal Fund Inc. positions in Q1 2021 and 5 closed out, a net change of 0 holders.
- The largest Neuberger Berman New York Municipal Fund Inc. buyer in Q1 2021 was Karpus Investment Management, an estimated $1.36M added.
- The largest Neuberger Berman New York Municipal Fund Inc. seller in Q1 2021 was Rivernorth Capital Management, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2021.