Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
19 hedge funds and large institutions have $18.4M invested in Neuberger Berman California Municipal Fund Inc. in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
12% more funds holding
Funds holding: 17 → 19 (+2)
4% more capital invested
Capital invested by funds: $17.7M → $18.4M (+$753K)
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$291K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$163K |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$160K |
| 5 |
IC
Intersect Capital
San Ramon,
California
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$279K |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$243K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$230K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$213K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$173K |
NBW Hedge Fund Activity: Q2 2019 in Review
19 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q2 2019, worth a combined $18.4M — up 4.3% from $17.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NBW positions and 3 closed out — a net gain of 2 holders — while 3 added to existing stakes and 10 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1M. The largest seller was Wolverine Asset Management, cutting an estimated $279K.
- 19 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q2 2019, up from 17 in Q1 2019.
- Funds reported $18.4M of Neuberger Berman California Municipal Fund Inc. stock for Q2 2019, up 4.3% quarter-over-quarter.
- 5 funds opened new Neuberger Berman California Municipal Fund Inc. positions in Q2 2019 and 3 closed out, a net change of +2 holders.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q2 2019 was Sit Investment Associates, an estimated $1M added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q2 2019 was Wolverine Asset Management, an estimated $279K sold.
Based on aggregated 13F filings for Q2 2019.