Neuberger Berman California Municipal Fund Inc.
NBW was delisted on the 20th of October, 2023.
22 hedge funds and large institutions have $17.7M invested in Neuberger Berman California Municipal Fund Inc. in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
21% more capital invested
Capital invested by funds: $14.6M → $17.7M (+$3.11M)
5% more funds holding
Funds holding: 21 → 22 (+1)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.71M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.27M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$731K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$488K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$470K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$488K |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$245K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$152K |
| 4 |
MWM
Melfa Wealth Management
Westborough,
Massachusetts
|
-$135K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$116K |
NBW Hedge Fund Activity: Q2 2023 in Review
22 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Neuberger Berman California Municipal Fund Inc. (NBW) for Q2 2023, worth a combined $17.7M — up 21% from $14.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NBW positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $1.71M. The largest seller was Advisors Asset Management, cutting an estimated $488K.
- 22 institutional investors held Neuberger Berman California Municipal Fund Inc. (NBW) as of Q2 2023, up from 21 in Q1 2023.
- Funds reported $17.7M of Neuberger Berman California Municipal Fund Inc. stock for Q2 2023, up 21% quarter-over-quarter.
- 4 funds opened new Neuberger Berman California Municipal Fund Inc. positions in Q2 2023 and 3 closed out, a net change of +1 holder.
- The largest Neuberger Berman California Municipal Fund Inc. buyer in Q2 2023 was Sit Investment Associates, an estimated $1.71M added.
- The largest Neuberger Berman California Municipal Fund Inc. seller in Q2 2023 was Advisors Asset Management, an estimated $488K sold.
Based on aggregated 13F filings for Q2 2023.