Neuberger Berman New York Municipal Fund Inc.
NBO was delisted on the 20th of October, 2023.
19 hedge funds and large institutions have $13.8M invested in Neuberger Berman New York Municipal Fund Inc. in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 3 closing their positions.
22% more capital invested
Capital invested by funds: $11.4M → $13.8M (+$2.48M)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
5% less funds holding
Funds holding: 20 → 19 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.65M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$152K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$111K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$87.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$83K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$986K |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$596K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$160K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$118K |
| 5 |
Morgan Stanley
New York
|
-$44.7K |
NBO Hedge Fund Activity: Q1 2019 in Review
19 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman New York Municipal Fund Inc. (NBO) for Q1 2019, worth a combined $13.8M — up 22% from $11.4M a quarter earlier.
Fund positioning in NBO was balanced in Q1 2019: 3 funds opened new positions, 3 closed out, 6 added to existing stakes and 6 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.65M. The largest seller was Rivernorth Capital Management, cutting an estimated $986K.
- 19 institutional investors held Neuberger Berman New York Municipal Fund Inc. (NBO) as of Q1 2019, down from 20 in Q4 2018.
- Funds reported $13.8M of Neuberger Berman New York Municipal Fund Inc. stock for Q1 2019, up 22% quarter-over-quarter.
- 3 funds opened new Neuberger Berman New York Municipal Fund Inc. positions in Q1 2019 and 3 closed out, a net change of 0 holders.
- The largest Neuberger Berman New York Municipal Fund Inc. buyer in Q1 2019 was Saba Capital Management, an estimated $2.65M added.
- The largest Neuberger Berman New York Municipal Fund Inc. seller in Q1 2019 was Rivernorth Capital Management, an estimated $986K sold.
Based on aggregated 13F filings for Q1 2019.