Neuberger Real Estate Securities Income Fund Inc
NRO
47 hedge funds and large institutions have $39.3M invested in Neuberger Real Estate Securities Income Fund Inc in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 15 closing their positions.
2.26% less ownership
Funds ownership: 17.98% → 15.72% (-2.3%)
13% less funds holding
Funds holding: 54 → 47 (-7)
14% less capital invested
Capital invested by funds: $45.6M → $39.3M (-$6.32M)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$549K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$116K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$97.3K |
| 5 |
LPL Financial
San Diego,
California
|
+$81.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.08M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.75M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
-$708K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$573K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$537K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
51
Ancora Advisors
Cleveland,
Ohio
| – | -$537K | -100,321 | Closed |
|
|
AWM
52
AE Wealth Management
Topeka,
Kansas
| – | -$415K | -77,441 | Closed |
|
|
PPA
53
Parametric Portfolio Associates
Seattle,
Washington
| – | -$276K | -51,546 | Closed |
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$202K | -37,656 | Closed |
|
|
RJFSA
55
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$155K | -28,866 | Closed |
|
|
CCP
56
Clough Capital Partners
Boston,
Massachusetts
| – | -$113K | -21,065 | Closed |
|
57
MML Investors Services
Springfield,
Massachusetts
| – | -$99K | -18,445 | Closed |
|
|
EAM
58
EULAV Asset Management
Sarasota,
Florida
| – | -$70K | -13,100 | Closed |
|
|
BTS
59
BB&T Securities
Richmond,
Virginia
| – | -$56K | -10,480 | Closed |
|
60
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$17K | -3,144 | Closed |
|
|
MCIA
61
Mountain Capital Investment Advisors
Westminster,
Colorado
| – | -$15K | -2,851 | Closed |
|
|
IWM
62
IHT Wealth Management
Chicago,
Illinois
| – | -$14K | -2,640 | Closed |
|
NRO Hedge Fund Activity: Q4 2017 in Review
47 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Neuberger Real Estate Securities Income Fund Inc (NRO) for Q4 2017, worth a combined $39.3M — down 14% from $45.6M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NRO and 8 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 9 added.
The largest buyer was Cohen & Steers, adding an estimated $1.8M. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $2.08M sold.
- 47 institutional investors held Neuberger Real Estate Securities Income Fund Inc (NRO) as of Q4 2017, down from 54 in Q3 2017.
- Funds reported $39.3M of Neuberger Real Estate Securities Income Fund Inc stock for Q4 2017, down 14% quarter-over-quarter.
- 8 funds opened new Neuberger Real Estate Securities Income Fund Inc positions in Q4 2017 and 15 closed out, a net change of -7 holders.
- The largest Neuberger Real Estate Securities Income Fund Inc buyer in Q4 2017 was Cohen & Steers, an estimated $1.8M added.
- The largest Neuberger Real Estate Securities Income Fund Inc seller in Q4 2017 was 1607 Capital Partners, an estimated $2.08M sold.
Based on aggregated 13F filings for Q4 2017.