Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
21 hedge funds and large institutions have $14.7M invested in Neuberger Berman California Municipal Fund Inc. in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 7 closing their positions.
11% less capital invested
Capital invested by funds: $16.5M → $14.7M (-$1.82M)
19% less funds holding
Funds holding: 26 → 21 (-5)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$892K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$666K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$260K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$189K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$430K |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$360K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$351K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$177K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$155K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| – | -$56K | -3,977 | Closed |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$28K | -2,000 | Closed |
|
|
SCA
28
Snowden Capital Advisors
New York
| – | -$11K | -800 | Closed |
|
NBW Hedge Fund Activity: Q1 2022 in Review
21 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q1 2022, worth a combined $14.7M — down 11% from $16.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NBW and 2 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $892K. The largest seller was Vivaldi Capital Management, cutting an estimated $430K.
- 21 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q1 2022, down from 26 in Q4 2021.
- Funds reported $14.7M of Neuberger Berman California Municipal Fund Inc. stock for Q1 2022, down 11% quarter-over-quarter.
- 2 funds opened new Neuberger Berman California Municipal Fund Inc. positions in Q1 2022 and 7 closed out, a net change of -5 holders.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q1 2022 was Bulldog Investors, an estimated $892K added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q1 2022 was Vivaldi Capital Management, an estimated $430K sold.
Based on aggregated 13F filings for Q1 2022.