Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
18 hedge funds and large institutions have $17.3M invested in Neuberger Berman California Municipal Fund Inc. in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 1 closing their positions.
31% more capital invested
Capital invested by funds: $13.2M → $17.3M (+$4.12M)
0% more funds holding
Funds holding: 18 → 18 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.61M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$510K |
| 3 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$294K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$147K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$64.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.7M |
| 2 |
SCM
Saba Capital Management
New York
|
-$639K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$213K |
| 4 |
Morgan Stanley
New York
|
-$212K |
| 5 |
DI
Diligent Investors
Redlands,
California
|
-$140K |
NBW Hedge Fund Activity: Q4 2019 in Review
18 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q4 2019, worth a combined $17.3M — up 31% from $13.2M a quarter earlier.
Fund positioning in NBW was balanced in Q4 2019: 1 fund opened new positions, 1 closed out, 5 added to existing stakes and 6 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.61M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.7M.
- 18 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $17.3M of Neuberger Berman California Municipal Fund Inc. stock for Q4 2019, up 31% quarter-over-quarter.
- 1 fund opened new Neuberger Berman California Municipal Fund Inc. positions in Q4 2019 and 1 closed out, a net change of 0 holders.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q4 2019 was Sit Investment Associates, an estimated $1.61M added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q4 2019 was Rivernorth Capital Management, an estimated $1.7M sold.
Based on aggregated 13F filings for Q4 2019.