Neuberger Real Estate Securities Income Fund Inc
NRO
66 hedge funds and large institutions have $98.5M invested in Neuberger Real Estate Securities Income Fund Inc in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
18% more funds holding
Funds holding: 56 → 66 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.22% less ownership
Funds ownership: 37.67% → 34.45% (-3.2%)
14% less capital invested
Capital invested by funds: $114M → $98.5M (-$15.7M)
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.58M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.05M |
| 3 |
MM
Midas Management
New York
|
+$1.59M |
| 4 |
Cohen & Steers
New York
|
+$959K |
| 5 |
AGM
Alpine Global Management
New York
|
+$663K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$7.82M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.36M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$2.08M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.19M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.08M |
NRO Hedge Fund Activity: Q4 2016 in Review
66 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Neuberger Real Estate Securities Income Fund Inc (NRO) for Q4 2016, worth a combined $98.5M — down 14% from $114M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NRO positions and 8 closed out — a net gain of 10 holders — while 15 added to existing stakes and 19 trimmed.
The largest buyer was Icon Advisers, opening a new position worth an estimated $2.58M. The largest seller was Punch & Associates Investment Management, cutting an estimated $7.82M.
- 66 institutional investors held Neuberger Real Estate Securities Income Fund Inc (NRO) as of Q4 2016, up from 56 in Q3 2016.
- Funds reported $98.5M of Neuberger Real Estate Securities Income Fund Inc stock for Q4 2016, down 14% quarter-over-quarter.
- 18 funds opened new Neuberger Real Estate Securities Income Fund Inc positions in Q4 2016 and 8 closed out, a net change of +10 holders.
- The largest Neuberger Real Estate Securities Income Fund Inc buyer in Q4 2016 was Icon Advisers, an estimated $2.58M added.
- The largest Neuberger Real Estate Securities Income Fund Inc seller in Q4 2016 was Punch & Associates Investment Management, an estimated $7.82M sold.
Based on aggregated 13F filings for Q4 2016.