Neuberger Energy Infrastructure and Income Fund Inc
NML
58 hedge funds and large institutions have $40.1M invested in Neuberger Energy Infrastructure and Income Fund Inc in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 12 closing their positions.
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
4% more funds holding
Funds holding: 56 → 58 (+2)
1.94% more ownership
Funds ownership: 35.53% → 37.46% (+1.9%)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
71% less capital invested
Capital invested by funds: $136M → $40.1M (-$95.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$12.5M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.85M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.9M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$673K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$467K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.85M |
| 2 |
Cohen & Steers
New York
|
-$2.79M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$2.52M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.38M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.35M |
NML Hedge Fund Activity: Q1 2020 in Review
58 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Neuberger Energy Infrastructure and Income Fund Inc (NML) for Q1 2020, worth a combined $40.1M — down 71% from $136M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NML positions and 12 closed out — a net gain of 5 holders — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Private Management Group, adding an estimated $12.5M. The largest seller was Morgan Stanley, cutting an estimated $3.85M.
- 58 institutional investors held Neuberger Energy Infrastructure and Income Fund Inc (NML) as of Q1 2020, up from 56 in Q4 2019.
- Funds reported $40.1M of Neuberger Energy Infrastructure and Income Fund Inc stock for Q1 2020, down 71% quarter-over-quarter.
- 17 funds opened new Neuberger Energy Infrastructure and Income Fund Inc positions in Q1 2020 and 12 closed out, a net change of +5 holders.
- The largest Neuberger Energy Infrastructure and Income Fund Inc buyer in Q1 2020 was Private Management Group, an estimated $12.5M added.
- The largest Neuberger Energy Infrastructure and Income Fund Inc seller in Q1 2020 was Morgan Stanley, an estimated $3.85M sold.
Based on aggregated 13F filings for Q1 2020.