Neuberger Berman New York Municipal Fund Inc.
NBO was delisted on the 20th of October, 2023.
23 hedge funds and large institutions have $15.2M invested in Neuberger Berman New York Municipal Fund Inc. in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 6 closing their positions.
2% more capital invested
Capital invested by funds: $15M → $15.2M (+$287K)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
15% less funds holding
Funds holding: 27 → 23 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$884K |
| 2 |
Morgan Stanley
New York
|
+$526K |
| 3 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$485K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$230K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$509K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$437K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$339K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$198K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$189K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$137K | -14,575 | Closed |
|
|
EH
27
Equitable Holdings
New York
| – | -$111K | -11,745 | Closed |
|
28
Rockefeller Capital Management
New York
| – | -$5K | -555 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
NBO Hedge Fund Activity: Q1 2023 in Review
23 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman New York Municipal Fund Inc. (NBO) for Q1 2023, worth a combined $15.2M — up 1.9% from $15M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NBO and 2 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Saba Capital Management, adding an estimated $884K. The largest seller was Karpus Investment Management, cutting an estimated $509K.
- 23 institutional investors held Neuberger Berman New York Municipal Fund Inc. (NBO) as of Q1 2023, down from 27 in Q4 2022.
- Funds reported $15.2M of Neuberger Berman New York Municipal Fund Inc. stock for Q1 2023, up 1.9% quarter-over-quarter.
- 2 funds opened new Neuberger Berman New York Municipal Fund Inc. positions in Q1 2023 and 6 closed out, a net change of -4 holders.
- The largest Neuberger Berman New York Municipal Fund Inc. buyer in Q1 2023 was Saba Capital Management, an estimated $884K added.
- The largest Neuberger Berman New York Municipal Fund Inc. seller in Q1 2023 was Karpus Investment Management, an estimated $509K sold.
Based on aggregated 13F filings for Q1 2023.