Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
18 hedge funds and large institutions have $15.3M invested in Neuberger Berman California Municipal Fund Inc. in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
48% more capital invested
Capital invested by funds: $10.3M → $15.3M (+$4.98M)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
6% more funds holding
Funds holding: 17 → 18 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.27M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.98M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$823K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
+$583K |
| 5 |
Morgan Stanley
New York
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$369K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$212K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$166K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$84.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$74.7K |
NBW Hedge Fund Activity: Q4 2018 in Review
18 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q4 2018, worth a combined $15.3M — up 48% from $10.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NBW positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.27M. The largest seller was Curi RMB Capital, cutting an estimated $369K.
- 18 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q4 2018, up from 17 in Q3 2018.
- Funds reported $15.3M of Neuberger Berman California Municipal Fund Inc. stock for Q4 2018, up 48% quarter-over-quarter.
- 3 funds opened new Neuberger Berman California Municipal Fund Inc. positions in Q4 2018 and 2 closed out, a net change of +1 holder.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q4 2018 was Rivernorth Capital Management, an estimated $2.27M added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q4 2018 was Curi RMB Capital, an estimated $369K sold.
Based on aggregated 13F filings for Q4 2018.