Neuberger Real Estate Securities Income Fund Inc
NRO
54 hedge funds and large institutions have $45.6M invested in Neuberger Real Estate Securities Income Fund Inc in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 11 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
1.55% less ownership
Funds ownership: 19.52% → 17.98% (-1.5%)
8% less funds holding
Funds holding: 59 → 54 (-5)
19% less capital invested
Capital invested by funds: $56.1M → $45.6M (-$10.5M)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.18M |
| 2 |
Cohen & Steers
New York
|
+$1.39M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$754K |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
+$691K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$473K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$9.82M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.72M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$2.17M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.38M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.17M |
NRO Hedge Fund Activity: Q3 2017 in Review
54 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Neuberger Real Estate Securities Income Fund Inc (NRO) for Q3 2017, worth a combined $45.6M — down 19% from $56.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NRO and 6 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 17 added.
The largest buyer was Advisors Asset Management, adding an estimated $4.18M. The largest seller was Bulldog Investors, exiting entirely with an estimated $9.82M sold.
- 54 institutional investors held Neuberger Real Estate Securities Income Fund Inc (NRO) as of Q3 2017, down from 59 in Q2 2017.
- Funds reported $45.6M of Neuberger Real Estate Securities Income Fund Inc stock for Q3 2017, down 19% quarter-over-quarter.
- 6 funds opened new Neuberger Real Estate Securities Income Fund Inc positions in Q3 2017 and 11 closed out, a net change of -5 holders.
- The largest Neuberger Real Estate Securities Income Fund Inc buyer in Q3 2017 was Advisors Asset Management, an estimated $4.18M added.
- The largest Neuberger Real Estate Securities Income Fund Inc seller in Q3 2017 was Bulldog Investors, an estimated $9.82M sold.
Based on aggregated 13F filings for Q3 2017.