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NRO

Neuberger Real Estate Securities Income Fund Inc

59 hedge funds and large institutions have $104M invested in Neuberger Real Estate Securities Income Fund Inc in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more capital invested

Capital invested by funds: $65.4M → $104M (+$38.4M)

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

11.65% more ownership

Funds ownership: 25.38%37.03% (+12%)

4% more funds holding

Funds holding: 5759 (+2)

41% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 22

Holders
59
Holders Change
+2
Holders Change %
+3.51%
% of All Funds
1.55%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
13
Reduced
22
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BI
1
Bulldog Investors
New Jersey
$24.5M +$24M +5,133,849 New
Wells Fargo
2
Wells Fargo
California
$9.28M -$623K -133,223 -6%
RCM
3
Rivernorth Capital Management
Florida
$8.41M +$37.8K +8,082 +0.5%
PAIM
4
Punch & Associates Investment Management
Minnesota
$7.39M +$2.49M +532,522 +53%
SLF
5
Sun Life Financial
Ontario, Canada
$5.07M +$393 +84 +67%
AAM
6
Advisors Asset Management
Colorado
$5.05M -$352K -75,227 -7%
COLIM
7
City of London Investment Management
United Kingdom
$4.87M +$4.82M +1,030,077 New
RJA
8
Raymond James & Associates
Florida
$4.39M -$158K -33,843 -4%
Bank of America
9
Bank of America
North Carolina
$4.13M -$29.9K -6,395 -0.7%
CA
10
Cornerstone Advisors
North Carolina
$3.65M -$1.93M -412,479 -35%
MIG
11
Mariner Investment Group
New York
$3.58M +$3.5M +749,315 New
Morgan Stanley
12
Morgan Stanley
New York
$3.58M -$1.03M -220,014 -23%
1CP
13
1607 Capital Partners
Virginia
$3.07M -$252K -53,867 -8%
CL
14
CSS LLC
Illinois
$2.02M +$35.7K +7,631 +2%
YCM
15
Yakira Capital Management
Connecticut
$1.88M
VFS
16
VSR Financial Services
Kansas
$1.82M -$263K -56,209 -13%
IA
17
Icon Advisers
Colorado
$1.63M +$1.59M +339,933 New
MCM
18
Moore Capital Management
New York
$1.16M +$1.14M +243,230 New
AA
19
Ancora Advisors
Ohio
$1.09M -$2.45K -524 -0.2%
LPL Financial
20
LPL Financial
California
$973K +$448K +95,902 +85%
Bank of Nova Scotia
21
Bank of Nova Scotia
Ontario, Canada
$960K -$401K -85,776 -30%
GC
22
Guggenheim Capital
Illinois
$685K +$79.3K +16,959 +13%
NSAM
23
North Star Asset Management
Wisconsin
$670K -$7.13K -1,526 -1%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$444K +$24.5K +5,245 +6%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$351K -$6.58K -1,408 -2%

NRO Hedge Fund Activity: Q4 2015 in Review

59 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Neuberger Real Estate Securities Income Fund Inc (NRO) for Q4 2015, worth a combined $104M — up 59% from $65.4M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new NRO positions and 8 closed out — a net gain of 2 holders — while 13 added to existing stakes and 22 trimmed.

The largest buyer was Bulldog Investors, opening a new position worth an estimated $24M. The largest seller was Cornerstone Advisors, cutting an estimated $1.93M.

  • 59 institutional investors held Neuberger Real Estate Securities Income Fund Inc (NRO) as of Q4 2015, up from 57 in Q3 2015.
  • Funds reported $104M of Neuberger Real Estate Securities Income Fund Inc stock for Q4 2015, up 59% quarter-over-quarter.
  • 10 funds opened new Neuberger Real Estate Securities Income Fund Inc positions in Q4 2015 and 8 closed out, a net change of +2 holders.
  • The largest Neuberger Real Estate Securities Income Fund Inc buyer in Q4 2015 was Bulldog Investors, an estimated $24M added.
  • The largest Neuberger Real Estate Securities Income Fund Inc seller in Q4 2015 was Cornerstone Advisors, an estimated $1.93M sold.

Based on aggregated 13F filings for Q4 2015.