Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
17 hedge funds and large institutions have $17.7M invested in Neuberger Berman California Municipal Fund Inc. in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 2 closing their positions.
16% more capital invested
Capital invested by funds: $15.3M → $17.7M (+$2.38M)
6% less funds holding
Funds holding: 18 → 17 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.6M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$638K |
| 3 |
SCM
Saba Capital Management
New York
|
+$299K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$751K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$355K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$111K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$83.4K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$59K |
NBW Hedge Fund Activity: Q1 2019 in Review
17 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q1 2019, worth a combined $17.7M — up 16% from $15.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NBW and 1 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 3 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.6M. The largest seller was Matisse Capital, exiting entirely with an estimated $751K sold.
- 17 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q1 2019, down from 18 in Q4 2018.
- Funds reported $17.7M of Neuberger Berman California Municipal Fund Inc. stock for Q1 2019, up 16% quarter-over-quarter.
- 1 fund opened new Neuberger Berman California Municipal Fund Inc. positions in Q1 2019 and 2 closed out, a net change of -1 holder.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q1 2019 was Rivernorth Capital Management, an estimated $1.6M added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q1 2019 was Matisse Capital, an estimated $751K sold.
Based on aggregated 13F filings for Q1 2019.