Neuberger Real Estate Securities Income Fund Inc
NRO
48 hedge funds and large institutions have $29.6M invested in Neuberger Real Estate Securities Income Fund Inc in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 10 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
3.18% less ownership
Funds ownership: 15.9% → 12.73% (-3.2%)
8% less funds holding
Funds holding: 52 → 48 (-4)
15% less capital invested
Capital invested by funds: $34.8M → $29.6M (-$5.19M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
+$480K |
| 2 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$408K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$358K |
| 4 |
TF
Trek Financial
Scottsdale,
Arizona
|
+$324K |
| 5 |
Morgan Stanley
New York
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.04M |
| 2 |
OC
Oppenheimer & Co
New York
|
-$651K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$557K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$356K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$310K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
51
Clough Capital Partners
Boston,
Massachusetts
| – | -$557K | -117,481 | Closed |
|
|
CRC
52
Curi RMB Capital
Chicago,
Illinois
| – | -$356K | -75,069 | Closed |
|
|
LCM
53
Landscape Capital Management
Englewood,
New Jersey
| – | -$310K | -65,457 | Closed |
|
|
MAFM
54
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
| – | -$288K | -60,805 | Closed |
|
55
Invesco
Atlanta,
Georgia
| – | -$196K | -41,296 | Closed |
|
|
DA
56
Doliver Advisors
Houston,
Texas
| – | -$134K | -26,971 | Closed |
|
|
AWS
57
AJ Wealth Strategies
New York
| – | -$118K | -24,833 | Closed |
|
|
SCM
58
Stonebridge Capital Management
Los Angeles,
California
| – | -$50K | -10,480 | Closed |
|
NRO Hedge Fund Activity: Q2 2019 in Review
48 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Neuberger Real Estate Securities Income Fund Inc (NRO) for Q2 2019, worth a combined $29.6M — down 15% from $34.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NRO and 8 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 15 added.
The largest buyer was First Foundation Advisors, adding an estimated $480K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $4.04M sold.
- 48 institutional investors held Neuberger Real Estate Securities Income Fund Inc (NRO) as of Q2 2019, down from 52 in Q1 2019.
- Funds reported $29.6M of Neuberger Real Estate Securities Income Fund Inc stock for Q2 2019, down 15% quarter-over-quarter.
- 8 funds opened new Neuberger Real Estate Securities Income Fund Inc positions in Q2 2019 and 10 closed out, a net change of -2 holders.
- The largest Neuberger Real Estate Securities Income Fund Inc buyer in Q2 2019 was First Foundation Advisors, an estimated $480K added.
- The largest Neuberger Real Estate Securities Income Fund Inc seller in Q2 2019 was Wolverine Asset Management, an estimated $4.04M sold.
Based on aggregated 13F filings for Q2 2019.