Neuberger Berman New York Municipal Fund Inc.
NBO was delisted on the 20th of October, 2023.
28 hedge funds and large institutions have $15.3M invested in Neuberger Berman New York Municipal Fund Inc. in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
8% more funds holding
Funds holding: 26 → 28 (+2)
1% less capital invested
Capital invested by funds: $15.5M → $15.3M (-$182K)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.6M |
| 2 |
SCM
Saba Capital Management
New York
|
+$325K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$250K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$216K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$133K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$648K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$292K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$199K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$160K |
| 5 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$127K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Rockefeller Capital Management
New York
| $5K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $2K | +$2.03K | +200 | New |
|
|
SIA
28
SkyView Investment Advisors
Shrewsbury,
New Jersey
| $1K | +$1.01K | +100 | New |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$292K | -29,610 | Closed |
|
|
AC
30
Almitas Capital
Santa Monica,
California
| – | -$53K | -5,349 | Closed |
|
NBO Hedge Fund Activity: Q3 2022 in Review
28 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman New York Municipal Fund Inc. (NBO) for Q3 2022, worth a combined $15.3M — down 1.2% from $15.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NBO positions and 2 closed out — a net gain of 2 holders — while 5 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.6M. The largest seller was Karpus Investment Management, cutting an estimated $648K.
- 28 institutional investors held Neuberger Berman New York Municipal Fund Inc. (NBO) as of Q3 2022, up from 26 in Q2 2022.
- Funds reported $15.3M of Neuberger Berman New York Municipal Fund Inc. stock for Q3 2022, down 1.2% quarter-over-quarter.
- 4 funds opened new Neuberger Berman New York Municipal Fund Inc. positions in Q3 2022 and 2 closed out, a net change of +2 holders.
- The largest Neuberger Berman New York Municipal Fund Inc. buyer in Q3 2022 was Morgan Stanley, an estimated $1.6M added.
- The largest Neuberger Berman New York Municipal Fund Inc. seller in Q3 2022 was Karpus Investment Management, an estimated $648K sold.
Based on aggregated 13F filings for Q3 2022.