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NRO

Neuberger Real Estate Securities Income Fund Inc

47 hedge funds and large institutions have $39.3M invested in Neuberger Real Estate Securities Income Fund Inc in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.26% less ownership

Funds ownership: 17.98%15.72% (-2.3%)

13% less funds holding

Funds holding: 5447 (-7)

14% less capital invested

Capital invested by funds: $45.6M → $39.3M (-$6.32M)

44% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 16

47% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 15

Holders
47
Holders Change
-7
Holders Change %
-12.96%
% of All Funds
1.07%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
9
Reduced
16
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$12.6M -$573K -109,216 -4%
PAIM
2
Punch & Associates Investment Management
Minnesota
$5.36M -$418K -79,558 -7%
Cohen & Steers
3
Cohen & Steers
New York
$4.57M +$1.8M +342,153 +65%
Wells Fargo
4
Wells Fargo
California
$4.5M -$257K -48,892 -5%
Bank of America
5
Bank of America
North Carolina
$2.38M -$292K -55,637 -11%
Morgan Stanley
6
Morgan Stanley
New York
$1.62M -$54.9K -10,453 -3%
UBS Group
7
UBS Group
Switzerland
$947K +$549K +104,489 +139%
SPIA
8
Steward Partners Investment Advisory
New York
$911K +$97.3K +18,530 +12%
RJA
9
Raymond James & Associates
Florida
$792K -$166K -31,711 -17%
FHA
10
Flagship Harbor Advisors
Massachusetts
$621K
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$498K +$23.5K +4,478 +5%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$439K -$17.1K -3,253 -4%
NSAM
13
North Star Asset Management
Wisconsin
$355K -$25.8K -4,920 -7%
EGA
14
E&G Advisors
Texas
$354K
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$345K -$54.4K -10,354 -14%
OC
16
Oppenheimer & Co
New York
$294K -$23.4K -4,462 -7%
AG
17
Advisor Group
Arizona
$293K +$19.3K +3,673 +7%
Invesco
18
Invesco
Georgia
$285K -$16.6K -3,160 -6%
SA
19
Strategic Advisors
New York
$282K -$71K -13,522 -20%
Neuberger Berman Group
20
Neuberger Berman Group
New York
$265K
LPL Financial
21
LPL Financial
California
$244K +$81.2K +15,467 +50%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$229K -$212K -40,380 -48%
FIM
23
Freedom Investment Management
Connecticut
$129K +$59.7K +11,379 +87%
DA
24
Doliver Advisors
Texas
$117K +$116K +22,159 New
RJT
25
Raymond James Trust
Florida
$104K

NRO Hedge Fund Activity: Q4 2017 in Review

47 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Neuberger Real Estate Securities Income Fund Inc (NRO) for Q4 2017, worth a combined $39.3M — down 14% from $45.6M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of NRO and 8 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 9 added.

The largest buyer was Cohen & Steers, adding an estimated $1.8M. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $2.08M sold.

  • 47 institutional investors held Neuberger Real Estate Securities Income Fund Inc (NRO) as of Q4 2017, down from 54 in Q3 2017.
  • Funds reported $39.3M of Neuberger Real Estate Securities Income Fund Inc stock for Q4 2017, down 14% quarter-over-quarter.
  • 8 funds opened new Neuberger Real Estate Securities Income Fund Inc positions in Q4 2017 and 15 closed out, a net change of -7 holders.
  • The largest Neuberger Real Estate Securities Income Fund Inc buyer in Q4 2017 was Cohen & Steers, an estimated $1.8M added.
  • The largest Neuberger Real Estate Securities Income Fund Inc seller in Q4 2017 was 1607 Capital Partners, an estimated $2.08M sold.

Based on aggregated 13F filings for Q4 2017.