Neuberger Berman New York Municipal Fund Inc.
NBO was delisted on the 20th of October, 2023.
22 hedge funds and large institutions have $14.6M invested in Neuberger Berman New York Municipal Fund Inc. in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
6% less capital invested
Capital invested by funds: $15.6M → $14.6M (-$985K)
8% less funds holding
Funds holding: 24 → 22 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.84M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$320K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$178K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$123K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$44.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.47M |
| 2 |
SCM
Saba Capital Management
New York
|
-$963K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$728K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$719K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$40K |
NBO Hedge Fund Activity: Q3 2019 in Review
22 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman New York Municipal Fund Inc. (NBO) for Q3 2019, worth a combined $14.6M — down 6.3% from $15.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NBO and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.84M. The largest seller was Bulldog Investors, exiting entirely with an estimated $1.47M sold.
- 22 institutional investors held Neuberger Berman New York Municipal Fund Inc. (NBO) as of Q3 2019, down from 24 in Q2 2019.
- Funds reported $14.6M of Neuberger Berman New York Municipal Fund Inc. stock for Q3 2019, down 6.3% quarter-over-quarter.
- 2 funds opened new Neuberger Berman New York Municipal Fund Inc. positions in Q3 2019 and 4 closed out, a net change of -2 holders.
- The largest Neuberger Berman New York Municipal Fund Inc. buyer in Q3 2019 was Rivernorth Capital Management, an estimated $1.84M added.
- The largest Neuberger Berman New York Municipal Fund Inc. seller in Q3 2019 was Bulldog Investors, an estimated $1.47M sold.
Based on aggregated 13F filings for Q3 2019.