Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
21 hedge funds and large institutions have $17M invested in Neuberger Berman California Municipal Fund Inc. in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.
8% more capital invested
Capital invested by funds: $15.8M → $17M (+$1.24M)
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$511K |
| 2 |
Morgan Stanley
New York
|
+$411K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$212K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$147K |
| 5 |
EW
Evoke Wealth
Los Angeles,
California
|
+$39.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$511K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$172K |
| 3 |
SCM
Saba Capital Management
New York
|
-$146K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$93K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$86K |
NBW Hedge Fund Activity: Q2 2021 in Review
21 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q2 2021, worth a combined $17M — up 7.9% from $15.8M a quarter earlier.
Fund positioning in NBW was balanced in Q2 2021: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 7 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $511K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $511K sold.
- 21 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $17M of Neuberger Berman California Municipal Fund Inc. stock for Q2 2021, up 7.9% quarter-over-quarter.
- 2 funds opened new Neuberger Berman California Municipal Fund Inc. positions in Q2 2021 and 2 closed out, a net change of 0 holders.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q2 2021 was Rivernorth Capital Management, an estimated $511K added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q2 2021 was Wolverine Asset Management, an estimated $511K sold.
Based on aggregated 13F filings for Q2 2021.