Neuberger Real Estate Securities Income Fund Inc
NRO
46 hedge funds and large institutions have $14.9M invested in Neuberger Real Estate Securities Income Fund Inc in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 9 closing their positions.
2.7% less ownership
Funds ownership: 13.71% → 11.01% (-2.7%)
13% less funds holding
Funds holding: 53 → 46 (-7)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
57% less capital invested
Capital invested by funds: $34.6M → $14.9M (-$19.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$446K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$377K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$333K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
+$280K |
| 5 |
LPL Financial
San Diego,
California
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$2.17M |
| 2 |
ACM
Anfield Capital Management
Irvine,
California
|
-$1.47M |
| 3 |
Morgan Stanley
New York
|
-$973K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$668K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$537K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SBIA
51
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| – | -$84K | -15,720 | Closed |
|
52
Truist Financial
Charlotte,
North Carolina
| – | -$72K | -13,519 | Closed |
|
|
BCA
53
Biltmore Capital Advisors
Princeton,
New Jersey
| – | -$61K | -11,528 | Closed |
|
|
FIB
54
First Interstate Bank
Billings,
Montana
| – | -$5K | -896 | Closed |
|
|
VCP
55
Verus Capital Partners
Scottsdale,
Arizona
| – | -$1K | -173 | Closed |
|
NRO Hedge Fund Activity: Q1 2020 in Review
46 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Neuberger Real Estate Securities Income Fund Inc (NRO) for Q1 2020, worth a combined $14.9M — down 57% from $34.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NRO and 6 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 13 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $446K. The largest seller was Independent Advisor Alliance, exiting entirely with an estimated $2.17M sold.
- 46 institutional investors held Neuberger Real Estate Securities Income Fund Inc (NRO) as of Q1 2020, down from 53 in Q4 2019.
- Funds reported $14.9M of Neuberger Real Estate Securities Income Fund Inc stock for Q1 2020, down 57% quarter-over-quarter.
- 6 funds opened new Neuberger Real Estate Securities Income Fund Inc positions in Q1 2020 and 9 closed out, a net change of -3 holders.
- The largest Neuberger Real Estate Securities Income Fund Inc buyer in Q1 2020 was Wolverine Asset Management, an estimated $446K added.
- The largest Neuberger Real Estate Securities Income Fund Inc seller in Q1 2020 was Independent Advisor Alliance, an estimated $2.17M sold.
Based on aggregated 13F filings for Q1 2020.