Neuberger Berman New York Municipal Fund Inc.
NBO was delisted on the 20th of October, 2023.
24 hedge funds and large institutions have $17.2M invested in Neuberger Berman New York Municipal Fund Inc. in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 3 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
8% less funds holding
Funds holding: 26 → 24 (-2)
8% less capital invested
Capital invested by funds: $18.7M → $17.2M (-$1.51M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$342K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$103K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$75.4K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$32.9K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$31.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$62.9K |
| 2 |
BA
Bridgewater Advisors
New York
|
-$46.5K |
| 3 |
SCM
Saba Capital Management
New York
|
-$29.8K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$18K |
| 5 |
CA
CoreCap Advisors
Southfield,
Michigan
|
-$10K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
CoreCap Advisors
Southfield,
Michigan
| – | -$10K | -785 | Closed |
|
27
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$7K | -500 | Closed |
|
NBO Hedge Fund Activity: Q1 2022 in Review
24 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman New York Municipal Fund Inc. (NBO) for Q1 2022, worth a combined $17.2M — down 8.1% from $18.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NBO and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 11 added.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $342K. The largest seller was Karpus Investment Management, cutting an estimated $62.9K.
- 24 institutional investors held Neuberger Berman New York Municipal Fund Inc. (NBO) as of Q1 2022, down from 26 in Q4 2021.
- Funds reported $17.2M of Neuberger Berman New York Municipal Fund Inc. stock for Q1 2022, down 8.1% quarter-over-quarter.
- 1 fund opened new Neuberger Berman New York Municipal Fund Inc. positions in Q1 2022 and 3 closed out, a net change of -2 holders.
- The largest Neuberger Berman New York Municipal Fund Inc. buyer in Q1 2022 was Bulldog Investors, an estimated $342K added.
- The largest Neuberger Berman New York Municipal Fund Inc. seller in Q1 2022 was Karpus Investment Management, an estimated $62.9K sold.
Based on aggregated 13F filings for Q1 2022.