Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
21 hedge funds and large institutions have $15.8M invested in Neuberger Berman California Municipal Fund Inc. in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
11% more funds holding
Funds holding: 19 → 21 (+2)
5% more capital invested
Capital invested by funds: $15M → $15.8M (+$750K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.19M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$286K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$208K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$128K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$742K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$441K |
| 3 |
Morgan Stanley
New York
|
-$164K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$150K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$62.1K |
NBW Hedge Fund Activity: Q1 2021 in Review
21 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q1 2021, worth a combined $15.8M — up 5% from $15M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NBW positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.19M. The largest seller was Kestra Advisory Services, cutting an estimated $742K.
- 21 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q1 2021, up from 19 in Q4 2020.
- Funds reported $15.8M of Neuberger Berman California Municipal Fund Inc. stock for Q1 2021, up 5% quarter-over-quarter.
- 4 funds opened new Neuberger Berman California Municipal Fund Inc. positions in Q1 2021 and 2 closed out, a net change of +2 holders.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q1 2021 was Rivernorth Capital Management, an estimated $1.19M added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q1 2021 was Kestra Advisory Services, an estimated $742K sold.
Based on aggregated 13F filings for Q1 2021.