Neuberger Energy Infrastructure and Income Fund Inc
NML
65 hedge funds and large institutions have $241M invested in Neuberger Energy Infrastructure and Income Fund Inc in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 8 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
23% more capital invested
Capital invested by funds: $196M → $241M (+$45.5M)
11.68% more ownership
Funds ownership: 50.21% → 61.89% (+12%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 71 → 65 (-6)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$42.4M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.98M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.71M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.67M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.35M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$1.07M |
| 3 |
Cohen & Steers
New York
|
-$836K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$549K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$412K |
NML Hedge Fund Activity: Q4 2023 in Review
65 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Neuberger Energy Infrastructure and Income Fund Inc (NML) for Q4 2023, worth a combined $241M — up 23% from $196M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NML and 4 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 23 added.
The largest buyer was Morgan Stanley, adding an estimated $42.4M. The largest seller was Saba Capital Management, cutting an estimated $4.35M.
- 65 institutional investors held Neuberger Energy Infrastructure and Income Fund Inc (NML) as of Q4 2023, down from 71 in Q3 2023.
- Funds reported $241M of Neuberger Energy Infrastructure and Income Fund Inc stock for Q4 2023, up 23% quarter-over-quarter.
- 4 funds opened new Neuberger Energy Infrastructure and Income Fund Inc positions in Q4 2023 and 8 closed out, a net change of -4 holders.
- The largest Neuberger Energy Infrastructure and Income Fund Inc buyer in Q4 2023 was Morgan Stanley, an estimated $42.4M added.
- The largest Neuberger Energy Infrastructure and Income Fund Inc seller in Q4 2023 was Saba Capital Management, an estimated $4.35M sold.
Based on aggregated 13F filings for Q4 2023.