Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
22 hedge funds and large institutions have $12.9M invested in Neuberger Berman California Municipal Fund Inc. in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
5% more funds holding
Funds holding: 21 → 22 (+1)
12% less capital invested
Capital invested by funds: $14.7M → $12.9M (-$1.81M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$378K |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$367K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$122K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$118K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$820K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$632K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$182K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$86.4K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$83K |
NBW Hedge Fund Activity: Q2 2022 in Review
22 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q2 2022, worth a combined $12.9M — down 12% from $14.7M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new NBW positions and 1 closed out — a net gain of 1 holder — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $378K. The largest seller was Rivernorth Capital Management, cutting an estimated $820K.
- 22 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q2 2022, up from 21 in Q1 2022.
- Funds reported $12.9M of Neuberger Berman California Municipal Fund Inc. stock for Q2 2022, down 12% quarter-over-quarter.
- 2 funds opened new Neuberger Berman California Municipal Fund Inc. positions in Q2 2022 and 1 closed out, a net change of +1 holder.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q2 2022 was Guggenheim Capital, an estimated $378K added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q2 2022 was Rivernorth Capital Management, an estimated $820K sold.
Based on aggregated 13F filings for Q2 2022.