Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
14 hedge funds and large institutions have $9M invested in Neuberger Berman California Municipal Fund Inc. in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 3 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
0.71% less ownership
Funds ownership: 11.75% → 11.04% (-0.71%)
13% less funds holding
Funds holding: 16 → 14 (-2)
20% less capital inflows, than outflows
Capital inflows: $2.13M | Capital outflows: $2.65M
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
+$697K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$525K |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$255K |
| 4 |
Laurion Capital Management
New York
|
+$205K |
| 5 |
Wolverine Asset Management
Chicago,
Illinois
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.01M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$728K |
| 3 |
Curi RMB Capital
Chicago,
Illinois
|
-$462K |
| 4 |
Guggenheim Capital
Chicago,
Illinois
|
-$234K |
| 5 |
Intersect Capital
San Ramon,
California
|
-$208K |
NBW Hedge Fund Activity: Q2 2017 in Review
14 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q2 2017, worth a combined $9M — down 0.52% from $9.05M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NBW and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 8 added.
The largest buyer was Advisors Asset Management, adding an estimated $697K. The largest seller was LPL Financial, exiting entirely with an estimated $1.01M sold.
- 14 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q2 2017, down from 16 in Q1 2017.
- Funds reported $9M of Neuberger Berman California Municipal Fund Inc. stock for Q2 2017, down 0.52% quarter-over-quarter.
- 1 fund opened new Neuberger Berman California Municipal Fund Inc. positions in Q2 2017 and 3 closed out, a net change of -2 holders.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q2 2017 was Advisors Asset Management, an estimated $697K added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q2 2017 was LPL Financial, an estimated $1.01M sold.
Based on aggregated 13F filings for Q2 2017.