Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
11 hedge funds and large institutions have $6.54M invested in Neuberger Berman California Municipal Fund Inc. in 2015 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
6% less capital invested
Capital invested by funds: $6.98M → $6.54M (-$443K)
8% less funds holding
Funds holding: 12 → 11 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$221K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$182K |
| 3 |
LPL Financial
San Diego,
California
|
+$38.5K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$31.3K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$24.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$366K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$206K |
| 3 |
Morgan Stanley
New York
|
-$135K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Invesco
Atlanta,
Georgia
| $2.89M | -$206K | -14,170 | -7% |
|
|
2
UBS Group
Zurich,
Switzerland
| $1.03M | -$113K | -7,779 | -10% |
|
|
3
Morgan Stanley
New York
| $528K | -$135K | -9,324 | -20% |
|
|
IC
4
Intersect Capital
San Ramon,
California
| $523K | – | – | – |
|
|
GC
5
Guggenheim Capital
Chicago,
Illinois
| $353K | +$182K | +12,582 | +108% |
|
|
6
Wells Fargo
San Francisco,
California
| $334K | +$24.5K | +1,691 | +8% |
|
|
WAM
7
Wolverine Asset Management
Chicago,
Illinois
| $264K | +$221K | +15,246 | +529% |
|
|
ICOA
8
Investment Centers of America
Bismarck,
North Dakota
| $209K | – | – | – |
|
|
9
LPL Financial
San Diego,
California
| $206K | +$38.5K | +2,655 | +23% |
|
10
Bank of America
Charlotte,
North Carolina
| $172K | +$4.18K | +288 | +3% |
|
|
11
Creative Planning
Overland Park,
Kansas
| $31K | +$31.3K | +2,156 | New |
|
|
CRC
12
Curi RMB Capital
Chicago,
Illinois
| – | -$366K | -24,564 | Closed |
|
NBW Hedge Fund Activity: Q3 2015 in Review
11 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q3 2015, worth a combined $6.54M — down 6.3% from $6.98M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NBW and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 5 added.
The largest buyer was Wolverine Asset Management, adding an estimated $221K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $366K sold.
- 11 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q3 2015, down from 12 in Q2 2015.
- Funds reported $6.54M of Neuberger Berman California Municipal Fund Inc. stock for Q3 2015, down 6.3% quarter-over-quarter.
- 1 fund opened new Neuberger Berman California Municipal Fund Inc. positions in Q3 2015 and 2 closed out, a net change of -1 holder.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q3 2015 was Wolverine Asset Management, an estimated $221K added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q3 2015 was Curi RMB Capital, an estimated $366K sold.
Based on aggregated 13F filings for Q3 2015.