Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Neuberger Engy Infrstr & Inc (NML)

87 + Investors. Track Smart Money conviction in NML. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +5
Streak
2Q ▲
Buyers last Q
69%

Smart Money Signals — NML

Based on 88 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added NML than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
88 hedge funds hold NML right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 69% buying

53 buying24 selling
Last quarter: 53 funds were net buyers (14 opened a brand new position + 39 added to an existing one). Only 24 were sellers (15 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~14 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 8 → 12 → 14. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 23% medium ■ 23% new
48 out of 88 hedge funds have held NML for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +26% but shares only +5% — price-driven

Value
+25%
Shares
+4%
Last quarter: the total dollar value of institutional holdings rose +26%, but actual share count only changed +5%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

10 → 11 → 8 → 12 → 14 new funds/Q
New funds entering each quarter: 11 → 8 → 12 → 14. A growing number of institutions are discovering NML each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 60% veterans vs 26% newcomers

■ 60% veterans ■ 14% 1-2yr ■ 26% new
Entry-cohort mix of 88 holders: 53 (60%) are 2+ year veterans, 12 entered 1–2 years ago, and 23 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
15 of 88 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in NML. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NML

In 2026 Q1, 53 hedge funds were net buyers of NML (14 opened a new position, 39 added to an existing one), while 24 reduced or exited (15 trimmed, 9 sold completely) — a 69% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 50% of total institutional value in NML is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +5 funds (more new holders than closures). Total institutional holders: 88.

Hedge Fund Ownership: NML

How many hedge funds hold NML — quarterly history vs. share price
Quarterly hedge fund ownership of NML vs. share price

Market Analysis: NML

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NML

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Neuberger Engy Infrstr & Inc (NML) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NML has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
NML
nan%
XLF
+9.5%

NML outperformed XLF by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
NML
nan%
XLF
+5.8%

Since the filing became public, NML outperformed XLF by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 1 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: NML
87 + Investors

Track Smart Money conviction in NML. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 87 83 4.82%
13F Shares 20M 20M 4.66%
Total Value $209M $167M 25.69%
New Positions 13 12 +1
Increased Positions 39 34 +5
Closed Positions 9 9 -
Reduced Positions 15 16 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NML

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

87 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NML. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NML holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 City of London Investment Management Co Ltd 2.19% 2,865,558 $30.1M
2 Closed-End Fund Advisors, Inc. 1.49% 139,373 $1.5M
3 Thomas J. Herzfeld Advisors, Inc. 1.16% 323,526 $3.4M
4 Saba Capital Management, L.P. 0.51% 1,743,054 $18.3M
5 Noble Wealth Management PBC 0.37% 70,450 $740K
6 Samalin Investment Counsel, LLC 0.35% 94,276 $991K
7 Rhodes Investment Advisors Inc /Adv 0.25% 35,650 $303K
8 Henson-Edgewater Management, LLC 0.23% 33,978 $357K
9 Private Management Group Inc 0.22% 741,807 $7.8M
10 Uhlmann Price Securities, LLC 0.17% 239,902 $2.5M
11 Ballast Rock Private Wealth LLC 0.16% 28,000 $294K
12 Quantedge Capital Pte Ltd 0.15% 26,861 $282K
13 Advisors Asset Management, Inc. 0.15% 876,208 $9.2M
14 Alteri Wealth LLC 0.13% 38,275 $402K
15 Knollwood Investment Advisory, LLC 0.08% 77,548 $815K
16 Legacy Advisors, LLC 0.06% 50,000 $526K
17 Cornerstone Wealth Management, LLC 0.06% 113,560 $1.2M
18 Monetary Management Group Inc 0.06% 23,200 $244K
19 Staley Capital Advisers Inc 0.05% 115,000 $1.2M
20 Oppenheimer & Co Inc 0.05% 397,239 $4.2M
21 Adapt Wealth Advisors, LLC 0.05% 13,000 $137K
22 IFG Advisory, LLC 0.05% 1,630 $17K
23 Abel Hall, LLC 0.04% 20,000 $210K
24 J. Derek Lewis & Associates Inc. 0.04% 21,421 $182K
25 VestGen Advisors, LLC 0.04% 154,235 $1.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Neuberger Engy Infrstr & Inc (NML)

What does the Smart Money Trend signal show for NML?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added NML than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NML?

More buyers than sellers — 69% buying: Last quarter: 53 funds were net buyers (14 opened a brand new position + 39 added to an existing one). Only 24 were sellers (15 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NML holders?

Elite ownership — 50% AUM from top-100 funds: 15 of 88 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in NML. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NML?

55% of holders stayed for 2+ years: 48 out of 88 hedge funds have held NML for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Neuberger Engy Infrstr & Inc (NML) following the 2026 Q1 hedge fund 13F filings?

As of today, NML has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), NML has gained nan% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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