Neuberger Berman New York Municipal Fund Inc.
NBO was delisted on the 20th of October, 2023.
25 hedge funds and large institutions have $19M invested in Neuberger Berman New York Municipal Fund Inc. in 2021 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 1 closing their positions.
2% less capital invested
Capital invested by funds: $19.4M → $19M (-$447K)
7% less funds holding
Funds holding: 27 → 25 (-2)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$494K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$166K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$96K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$71.3K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$40.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$351K |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$259K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$103K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$91K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$71.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$91K | -6,818 | Closed |
|
NBO Hedge Fund Activity: Q3 2021 in Review
25 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman New York Municipal Fund Inc. (NBO) for Q3 2021, worth a combined $19M — down 2.3% from $19.4M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of NBO and 0 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 6 added.
The largest buyer was UBS Group, adding an estimated $494K. The largest seller was Saba Capital Management, cutting an estimated $351K.
- 25 institutional investors held Neuberger Berman New York Municipal Fund Inc. (NBO) as of Q3 2021, down from 27 in Q2 2021.
- Funds reported $19M of Neuberger Berman New York Municipal Fund Inc. stock for Q3 2021, down 2.3% quarter-over-quarter.
- 0 funds opened new Neuberger Berman New York Municipal Fund Inc. positions in Q3 2021 and 1 closed out, a net change of -1 holder.
- The largest Neuberger Berman New York Municipal Fund Inc. buyer in Q3 2021 was UBS Group, an estimated $494K added.
- The largest Neuberger Berman New York Municipal Fund Inc. seller in Q3 2021 was Saba Capital Management, an estimated $351K sold.
Based on aggregated 13F filings for Q3 2021.