Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
16 hedge funds and large institutions have $9.6M invested in Neuberger Berman California Municipal Fund Inc. in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
33% more funds holding
Funds holding: 12 → 16 (+4)
0% less ownership
Funds ownership: 12.01% → 12.01% (-0%)
1% less capital inflows, than outflows
Capital inflows: $1.98M | Capital outflows: $2.01M
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Laurion Capital Management
New York
|
+$611K |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
+$370K |
| 3 |
Curi RMB Capital
Chicago,
Illinois
|
+$368K |
| 4 |
LPL Financial
San Diego,
California
|
+$287K |
| 5 |
Doliver Advisors
Houston,
Texas
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.34M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$201K |
| 3 |
Perigon Wealth Management
San Francisco,
California
|
-$170K |
| 4 |
Guggenheim Capital
Chicago,
Illinois
|
-$134K |
| 5 |
Morgan Stanley
New York
|
-$72.1K |
NBW Hedge Fund Activity: Q4 2016 in Review
16 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q4 2016, worth a combined $9.6M — down 15% from $11.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NBW positions and 2 closed out — a net gain of 4 holders — while 2 added to existing stakes and 6 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $611K. The largest seller was Invesco, cutting an estimated $1.34M.
- 16 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q4 2016, up from 12 in Q3 2016.
- Funds reported $9.6M of Neuberger Berman California Municipal Fund Inc. stock for Q4 2016, down 15% quarter-over-quarter.
- 6 funds opened new Neuberger Berman California Municipal Fund Inc. positions in Q4 2016 and 2 closed out, a net change of +4 holders.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q4 2016 was Laurion Capital Management, an estimated $611K added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q4 2016 was Invesco, an estimated $1.34M sold.
Based on aggregated 13F filings for Q4 2016.