Neuberger Municipal FundNBH

13F holders, Q4 2025 (December 31)
84holders +13
13new positions
3sold out
1famous investor
$10.11avg. 13F price*

At the end of Q4 2025, 84 institutions reported holding Neuberger Municipal Fund Inc. (NBH) in their 13F filings, up 13 from Q3 2025. 13 opened new positions and 3 sold out. The largest holders were Pathstone Holdings, LLC ($17.6M), MacKay Shields LLC ($12.5M) and Morgan Stanley ($11.7M). One famous investor held it Ken Griffin (0.0% of Citadel Advisors's portfolio).

Company
Neuberger Municipal Fund Inc.
CUSIP
64124P101
Latest filing quarter
Q2 2026

History

Number of 13F holders

020406080100 Q1 2024: 86Q1 2024Q2 2024: 80Q2 2024Q3 2024: 72Q3 2024Q4 2024: 78Q4 2024Q1 2025: 75Q1 2025Q2 2025: 73Q2 2025Q3 2025: 71Q3 2025Q4 2025: 84Q4 2025Q1 2026: 77Q1 2026Q2 2026: 76Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions13$3.8M
Exits3$263K

All 13F filers, Q3 2025 → Q4 2025: 1,601,176 shares bought and 1,184,080 shares sold, net +417,096 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 84 holders

Pathstone Holdings, LLC 0.07% Add +23.3% 1,740,151 $17.6M
MacKay Shields LLC 3.91% No change 1,233,578 $12.5M
Morgan Stanley 0.00% Reduce -1.9% 1,156,815 $11.7M
1607 Capital Partners, LLC 0.69% Reduce -7.1% 1,006,539 $10.2M
Rivernorth Capital Management, LLC 0.45% Add +14.9% 932,084 $9.4M
Guggenheim Capital LLC 0.06% Add +9.9% 761,618 $7.7M
Advisors Asset Management, Inc. 0.13% Add +30.9% 737,420 $7.5M
UBS Group AG 0.00% Reduce -7.4% 446,471 $4.5M
Rareview Capital LLC 2.66% Add +26.1% 417,737 $4.1M
Fiera Capital Corp 0.01% Add +65.2% 287,691 $2.9M
Van Eck Associates Corp. 0.00% Add +14.9% 246,891 $2.5M
Robinson Capital Management, LLC 1.05% Add +178.7% 243,933 $2.5M
Professional Financial Management, Inc. 2.64% — 230,149 $2.3M
Hennion & Walsh Asset Management, Inc. 0.08% Reduce -6.9% 220,081 $2.2M
Cohen & Steers, Inc. 0.00% No change 207,982 $2.1M
Melfa Wealth Management, Inc. 1.19% Reduce -9.4% 203,897 $2.1M
Invesco Ltd. 0.00% Add +12.6% 158,151 $1.6M
Worthington Financial Partners, LLC 1.28% — 142,798 $1.4M
Matisse Capital 0.62% No change 135,900 $1.4M
Envestnet Asset Management Inc. 0.00% Reduce -0.6% 124,348 $1.3M
Park Avenue Securities LLC 0.01% Reduce -0.5% 110,445 $1.1M
Saba Capital Management, L.P. 0.04% Reduce -89.1% 110,116 $1.1M
Atala Financial Inc 0.68% Add +3.0% 105,222 $1.1M
Ackerman Capital Advisors, LLC 0.19% Add +3.5% 92,972 $941K
Raymond James Financial Inc. 0.00% Reduce -12.8% 88,139 $892K
Bank of America Corp. 0.00% Reduce -22.5% 85,469 $865K
Wells Fargo & Company 0.00% Reduce -11.7% 81,265 $822K
WESCAP Management Group, Inc. 0.16% Add +82.5% 76,482 $774K
LPL Financial LLC 0.00% Reduce -1.5% 74,126 $750K
Balyasny Asset Management L.P. 0.00% New 73,748 $746K
Karpus Management, Inc. 0.02% New 68,199 $690K
Cura Wealth Advisors, LLC 0.26% No change 68,000 $688K
HighTower Advisors, LLC 0.00% Add +6.5% 66,557 $674K
Riverbridge Partners LLC 0.01% Reduce -0.4% 66,248 $670K
Noble Wealth Management PBC 0.28% Add +46.0% 55,278 $559K
Bridgewater Advisors Inc. 0.03% Add +42.1% 50,633 $523K
Blue Bell Private Wealth Management, LLC 0.07% Reduce -0.3% 50,459 $511K
Plancorp, LLC 0.02% No change 50,009 $506K
Sit Investment Associates Inc. 0.01% No change 48,600 $492K
Jane Street Group, LLC 0.00% New 46,640 $472K
Evolve Private Wealth, LLC 0.03% — 46,253 $471K
Citadel Advisors 0.00% New 44,164 $447K
Horizon Kinetics Asset Management LLC 0.01% No change 41,396 $419K
Royal Bank of Canada 0.00% Add +62.4% 40,633 $411K
Evoke Wealth, LLC 0.01% Reduce -8.6% 36,997 $376K
Thomas J. Herzfeld Advisors, Inc. 0.11% New 32,348 $327K
Nuveen, LLC 0.00% Add +54.0% 32,107 $325K
Rockefeller Capital Management L.P. 0.00% Reduce -24.2% 28,902 $292K
Waverly Advisors, LLC 0.00% No change 28,198 $285K
Closed-End Fund Advisors, Inc. 0.17% — 27,931 $283K
Ameriprise Financial Inc. 0.00% Reduce -0.5% 27,884 $282K
Integrated Capital Management, Inc. 0.17% Add +0.8% 24,752 $250K
Wolverine Asset Management LLC 0.01% New 22,709 $230K
Commonwealth Equity Services, LLC 0.00% Reduce -14.9% 22,526 $228K
Cambridge Investment Research Advisors, Inc. 0.00% Add +14.0% 22,417 $227K
Logan Stone Capital, LLC 0.06% Reduce -39.1% 22,203 $225K
Bank of Montreal 0.00% Add +44.8% 21,972 $222K
Avior Wealth Management, LLC 0.01% Add +27.0% 21,217 $215K
Rothschild Investment LLC 0.01% No change 21,200 $215K
Bar Harbor Wealth Management 0.01% No change 19,865 $201K
Bank of New York Mellon Corp 0.00% No change 19,232 $195K
XTX Topco Ltd 0.00% New 18,379 $186K
Kestra Advisory Services, LLC 0.00% Add +3.4% 18,312 $185K
Virtu Financial LLC 0.01% New 16,436 $166K
Susquehanna International Group, LLP 0.00% New 15,272 $155K
&partners 0.00% New 15,094 $153K
Tyche Wealth Partners LLC 0.02% No change 14,816 $150K
Osaic Holdings, Inc. 0.00% Reduce -7.9% 14,287 $145K
Alteri Wealth LLC 0.04% No change 13,104 $133K
MML Investors Services, LLC 0.00% Add +6.2% 12,659 $128K
Steward Partners Investment Advisory, LLC 0.00% No change 11,863 $120K
Alesco Advisors, LLC, An ESL Co 0.00% No change 11,739 $119K
Landscape Capital Management, L.L.C. 0.01% New 10,713 $108K
Belpointe Asset Management LLC 0.00% No change 10,370 $105K
PFG Investments, LLC 0.00% New 10,000 $101K
Hollencrest Capital Management 0.00% Add +204.2% 7,295 $74K
Elyxium Wealth, LLC 0.01% New 4,248 $43K
Farther Finance Advisors, LLC 0.00% No change 4,046 $41K
Moisand Fitzgerald Tamayo, LLC 0.00% No change 3,736 $38K
NewEdge Advisors, LLC 0.00% No change 2,984 $30K
Kilter Group LLC 0.01% Add +5.7% 1,261 $13K
MAI Capital Management 0.00% Add +1.6% 898 $9K
Highline Wealth Partners LLC 0.00% No change 800 $8K
Comerica Bank 0.00% No change 33 $334

"% of holder's portfolio" is NBH's weight in each manager's 13F, not the share of Neuberger Municipal Fund Inc. the manager owns.