Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
21 hedge funds and large institutions have $12.3M invested in Neuberger Berman California Municipal Fund Inc. in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 4 closing their positions.
9% more capital invested
Capital invested by funds: $11.2M → $12.3M (+$1.04M)
5% less funds holding
Funds holding: 22 → 21 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$571K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$158K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$90.3K |
| 4 |
Morgan Stanley
New York
|
+$50.3K |
| 5 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$23.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$893K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$407K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$291K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$289K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$280K |
NBW Hedge Fund Activity: Q4 2022 in Review
21 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q4 2022, worth a combined $12.3M — up 9.3% from $11.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NBW and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 5 added.
The largest buyer was Saba Capital Management, adding an estimated $571K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $893K sold.
- 21 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q4 2022, down from 22 in Q3 2022.
- Funds reported $12.3M of Neuberger Berman California Municipal Fund Inc. stock for Q4 2022, up 9.3% quarter-over-quarter.
- 3 funds opened new Neuberger Berman California Municipal Fund Inc. positions in Q4 2022 and 4 closed out, a net change of -1 holder.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q4 2022 was Saba Capital Management, an estimated $571K added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q4 2022 was Rivernorth Capital Management, an estimated $893K sold.
Based on aggregated 13F filings for Q4 2022.