Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
18 hedge funds and large institutions have $17.8M invested in Neuberger Berman California Municipal Fund Inc. in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 4 closing their positions.
4% less capital invested
Capital invested by funds: $18.4M → $17.8M (-$653K)
5% less funds holding
Funds holding: 19 → 18 (-1)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$926K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$529K |
| 3 |
Morgan Stanley
New York
|
+$213K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$168K |
| 5 |
DI
Diligent Investors
Redlands,
California
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.56M |
| 2 |
SCM
Saba Capital Management
New York
|
-$986K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$378K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$319K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$190K |
NBW Hedge Fund Activity: Q3 2019 in Review
18 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q3 2019, worth a combined $17.8M — down 3.5% from $18.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NBW and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 5 added.
The largest buyer was Sit Investment Associates, adding an estimated $926K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.56M.
- 18 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q3 2019, down from 19 in Q2 2019.
- Funds reported $17.8M of Neuberger Berman California Municipal Fund Inc. stock for Q3 2019, down 3.5% quarter-over-quarter.
- 3 funds opened new Neuberger Berman California Municipal Fund Inc. positions in Q3 2019 and 4 closed out, a net change of -1 holder.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q3 2019 was Sit Investment Associates, an estimated $926K added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q3 2019 was Rivernorth Capital Management, an estimated $1.56M sold.
Based on aggregated 13F filings for Q3 2019.