Neuberger Real Estate Securities Income Fund Inc
NRO
62 hedge funds and large institutions have $67.2M invested in Neuberger Real Estate Securities Income Fund Inc in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 28 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 66 → 62 (-4)
10.73% less ownership
Funds ownership: 34.45% → 23.72% (-11%)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
32% less capital invested
Capital invested by funds: $98.5M → $67.2M (-$31.3M)
57% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$5.07M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$2.27M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.66M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$807K |
| 5 |
SA
Strategic Advisors
New York
|
+$441K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$14M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.46M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.23M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$2.96M |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$2.33M |
NRO Hedge Fund Activity: Q1 2017 in Review
62 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Neuberger Real Estate Securities Income Fund Inc (NRO) for Q1 2017, worth a combined $67.2M — down 32% from $98.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NRO and 8 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 12 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $5.07M. The largest seller was Bulldog Investors, cutting an estimated $14M.
- 62 institutional investors held Neuberger Real Estate Securities Income Fund Inc (NRO) as of Q1 2017, down from 66 in Q4 2016.
- Funds reported $67.2M of Neuberger Real Estate Securities Income Fund Inc stock for Q1 2017, down 32% quarter-over-quarter.
- 8 funds opened new Neuberger Real Estate Securities Income Fund Inc positions in Q1 2017 and 11 closed out, a net change of -3 holders.
- The largest Neuberger Real Estate Securities Income Fund Inc buyer in Q1 2017 was Punch & Associates Investment Management, an estimated $5.07M added.
- The largest Neuberger Real Estate Securities Income Fund Inc seller in Q1 2017 was Bulldog Investors, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2017.