Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
21 hedge funds and large institutions have $14.6M invested in Neuberger Berman California Municipal Fund Inc. in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 5 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
19% more capital invested
Capital invested by funds: $12.3M → $14.6M (+$2.36M)
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.59M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$381K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$277K |
| 4 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$272K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$670K |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$464K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$131K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$103K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$101K |
NBW Hedge Fund Activity: Q1 2023 in Review
21 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q1 2023, worth a combined $14.6M — up 19% from $12.3M a quarter earlier.
Fund positioning in NBW was balanced in Q1 2023: 5 funds opened new positions, 5 closed out, 7 added to existing stakes and 5 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.59M. The largest seller was Bulldog Investors, exiting entirely with an estimated $670K sold.
- 21 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $14.6M of Neuberger Berman California Municipal Fund Inc. stock for Q1 2023, up 19% quarter-over-quarter.
- 5 funds opened new Neuberger Berman California Municipal Fund Inc. positions in Q1 2023 and 5 closed out, a net change of 0 holders.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q1 2023 was Saba Capital Management, an estimated $2.59M added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q1 2023 was Bulldog Investors, an estimated $670K sold.
Based on aggregated 13F filings for Q1 2023.