Neuberger Real Estate Securities Income Fund Inc
NRO
44 hedge funds and large institutions have $58.7M invested in Neuberger Real Estate Securities Income Fund Inc in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 5 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
3.24% more ownership
Funds ownership: 19.05% → 22.28% (+3.2%)
0% more funds holding
Funds holding: 44 → 44 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
22% less capital invested
Capital invested by funds: $75.4M → $58.7M (-$16.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$3.16M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.07M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.09M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$960K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$833K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$864K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$298K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$235K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$197K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$160K |
NRO Hedge Fund Activity: Q3 2013 in Review
44 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Neuberger Real Estate Securities Income Fund Inc (NRO) for Q3 2013, worth a combined $58.7M — down 22% from $75.4M a quarter earlier.
Fund positioning in NRO was balanced in Q3 2013: 5 funds opened new positions, 5 closed out, 15 added to existing stakes and 13 trimmed.
The largest buyer was Newgate Capital Management, opening a new position worth an estimated $3.16M. The largest seller was Advisors Asset Management, cutting an estimated $864K.
- 44 institutional investors held Neuberger Real Estate Securities Income Fund Inc (NRO) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $58.7M of Neuberger Real Estate Securities Income Fund Inc stock for Q3 2013, down 22% quarter-over-quarter.
- 5 funds opened new Neuberger Real Estate Securities Income Fund Inc positions in Q3 2013 and 5 closed out, a net change of 0 holders.
- The largest Neuberger Real Estate Securities Income Fund Inc buyer in Q3 2013 was Newgate Capital Management, an estimated $3.16M added.
- The largest Neuberger Real Estate Securities Income Fund Inc seller in Q3 2013 was Advisors Asset Management, an estimated $864K sold.
Based on aggregated 13F filings for Q3 2013.