Neuberger Real Estate Securities Income Fund Inc
NRO
59 hedge funds and large institutions have $56.1M invested in Neuberger Real Estate Securities Income Fund Inc in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 11 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
4.19% less ownership
Funds ownership: 23.72% → 19.52% (-4.2%)
5% less funds holding
Funds holding: 62 → 59 (-3)
16% less capital invested
Capital invested by funds: $67.2M → $56.1M (-$11.1M)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.05M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.25M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$1.05M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.02M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$978K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.09M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$5.58M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.83M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$1.18M |
| 5 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$1.15M |
NRO Hedge Fund Activity: Q2 2017 in Review
59 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Neuberger Real Estate Securities Income Fund Inc (NRO) for Q2 2017, worth a combined $56.1M — down 16% from $67.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NRO and 9 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 20 added.
The largest buyer was Advisors Asset Management, adding an estimated $3.05M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $7.09M sold.
- 59 institutional investors held Neuberger Real Estate Securities Income Fund Inc (NRO) as of Q2 2017, down from 62 in Q1 2017.
- Funds reported $56.1M of Neuberger Real Estate Securities Income Fund Inc stock for Q2 2017, down 16% quarter-over-quarter.
- 9 funds opened new Neuberger Real Estate Securities Income Fund Inc positions in Q2 2017 and 11 closed out, a net change of -2 holders.
- The largest Neuberger Real Estate Securities Income Fund Inc buyer in Q2 2017 was Advisors Asset Management, an estimated $3.05M added.
- The largest Neuberger Real Estate Securities Income Fund Inc seller in Q2 2017 was Rivernorth Capital Management, an estimated $7.09M sold.
Based on aggregated 13F filings for Q2 2017.