Vault-13

NEUBERGER BERMAN ENERGY INFR NML

COM · Closed-End Fund · CUSIP 64129H104

84 institutional holders -1 vs Q1 2025
19,812,71319.8m shares reported held*
$178.3mreported value*
8 new 33 added 18 reduced 9 sold out net sold ≈ $170.9k (-19.0k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $9.00.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 63Q4 22: 72Q1 23: 64Q2 23: 69Q3 23: 72Q4 23: 66Q1 24: 74Q2 24: 76Q3 24: 77Q4 24: 82Q1 25: 85Q2 25: 8484Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202263
Q4 202272
Q1 202364
Q2 202369
Q3 202372
Q4 202366
Q1 202474
Q2 202476
Q3 202477
Q4 202482
Q1 202585
Q2 202584

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q3 23: 28 bought or addedQ3 23: 25 cut or sold outQ4 23: 27 bought or addedQ4 23: 24 cut or sold outQ4 23Q1 24: 37 bought or addedQ1 24: 22 cut or sold outQ2 24: 37 bought or addedQ2 24: 33 cut or sold outQ2 24Q3 24: 35 bought or addedQ3 24: 26 cut or sold outQ4 24: 36 bought or addedQ4 24: 26 cut or sold outQ4 24Q1 25: 43 bought or addedQ1 25: 24 cut or sold outQ2 25: 41 bought or addedQ2 25: 27 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232825
Q4 20232724
Q1 20243722
Q2 20243733
Q3 20243526
Q4 20243626
Q1 20254324
Q2 20254127

Biggest buyers

WOLVERINE ASSET MANAGEMENT LLC Added +215,348+215.3k
Cornerstone Advisors, LLC New +171,726+171.7k
NEUBERGER BERMAN GROUP LLC Added +131,357+131.4k
Polar Asset Management Partners Inc. Added +130,521+130.5k
NewEdge Advisors, LLC Added +119,226+119.2k
UBS Group AG Added +53,242+53.2k
Invesco Ltd. Added +41,205+41.2k
Arete Wealth Advisors, LLC New +33,000+33.0k
Rockefeller Capital Management L.P. Added +25,862+25.9k
ROYAL BANK OF CANADA Added +23,470+23.5k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -258,966-259.0k
MORGAN STANLEY Reduced -224,651-224.7k
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC Sold out -162,677-162.7k
Saba Capital Management, L.P. Reduced -121,622-121.6k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Reduced -120,110-120.1k
Michelson Medical Research Foundation, Inc. Sold out -115,872-115.9k
MILLENNIUM MANAGEMENT LLC Sold out -28,128-28.1k
SIT INVESTMENT ASSOCIATES INC Sold out -17,900-17.9k
Calamos Advisors LLC Reduced -13,584-13.6k
Advisors Asset Management, Inc. Reduced -13,430-13.4k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BANK OF AMERICA CORP /DE/ 13G · institution +1.2 pts · filed 2026-04-27 6.8% +1.2 pts 3.8m≈ $38.8m 2026-04-27
MORGAN STANLEY 13G · institution filed 2025-08-07 6.1% 3.5m≈ $35.1m 2025-08-07

Fell to 5% or below in the last year: CITY OF LONDON INVESTMENT MANAGEMENT CO LTD (4.9%, 2026-05-07)

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,458,0013.5m $31.1m $31.1m 0.00% Reduced -224.7k -224,651
2 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 2.86% of their portfolio London, X0 3,424,3863.4m $30.8m $30.8m 2.86% Reduced -120.1k -120,110
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3,104,3133.1m $27.9m $27.9m 0.00% Reduced -259.0k -258,966
4 Advisors Asset Management, Inc. 0.20% of their portfolio Monument, CO 1,216,0891.2m $10.9m $10.9m 0.20% Reduced -13.4k -13,430
5 Saba Capital Management, L.P. 0.26% of their portfolio NEW YORK, NY 1,047,4781.0m $9.4m $9.4m 0.26% Reduced -121.6k -121,622
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 933,237933.2k $8.4m $8.4m 0.00% Added +53.2k +53,242
7 PRIVATE MANAGEMENT GROUP INC 0.24% of their portfolio IRVINE, CA 810,943810.9k $7.3m $7.3m 0.24% Reduced -8.3k -8,277
8 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 796,270796.3k $7.2m $7.2m 0.01% Reduced -6.4k -6,371
9 WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio CHICAGO, IL 414,695414.7k $3.7m $3.7m 0.06% Added +215.3k +215,348
10 OPPENHEIMER & CO INC 0.04% of their portfolio NEW YORK, NY 332,512332.5k $3.0m $3.0m 0.04% Added +3.0k +3,042
11 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 315,903315.9k $2.8m $2.8m 0.00% Reduced -3.0k -2,996
12 NorthCoast Asset Management LLC 0.01% of their portfolio STAMFORD, CT 310,942310.9k $2.8m $2.8m 0.01% Reduced -9.3k -9,268
13 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 287,000287.0k $2.6m $2.6m 0.00% Unchanged
14 Polar Asset Management Partners Inc. 0.06% of their portfolio TORONTO, A6 250,648250.6k $2.3m $2.3m 0.06% Added +130.5k +130,521
15 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 246,471246.5k $2.2m $2.2m 0.00% Added +18.7k +18,747
16 UHLMANN PRICE SECURITIES, LLC 1.40% of their portfolio SKOKIE, IL 218,623218.6k $2.0m $2.0m 1.40% Added +14.6k +14,616
17 Cornerstone Advisors, LLC 0.05% of their portfolio ASHEVILLE, NC 171,726171.7k $1.5m $1.5m 0.05% New
18 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 169,049169.0k $1.5m $1.5m 0.00% Reduced -4.1k -4,100
19 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 167,030167.0k $1.5m $1.5m 0.01% Added +119.2k +119,226
20 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 157,259157.3k $1.4m $1.4m 0.00% Added +131.4k +131,357
21 IFG Advisory, LLC 0.07% of their portfolio ATLANTA, GA 154,607154.6k $1.4m $1.4m 0.07% Added +14.5k +14,526
22 OPTIMUM INVESTMENT ADVISORS 0.55% of their portfolio Chicago, IL 141,610141.6k $1.3m $1.3m 0.55% Unchanged
23 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 119,124119.1k $1.1m $1.1m 0.00% Added +12.7k +12,678
24 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 117,840117.8k $1.1m $1.1m 0.01% Added +7.5k +7,495
25 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 115,088115.1k $1.0m $1.0m 0.00% Added +21.3k +21,328
26 STALEY CAPITAL ADVISERS INC 0.04% of their portfolio PITTSBURGH, PA 115,000115.0k $1.0m $1.0m 0.04% Unchanged
27 Cornerstone Wealth Management, LLC 0.06% of their portfolio ST. PETERS, MO 103,654103.7k $932.9k $932.9k 0.06% Added +3.2k +3,201
28 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 86,18686.2k $775.7k $775.7k 0.00% Added +41.2k +41,205
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 83,67083.7k $753.0k $753.0k 0.00% Added +1.9k +1,920
30 Knollwood Investment Advisory, LLC 0.07% of their portfolio HUNT VALLEY, MD 77,11677.1k $694.0k $694.0k 0.07% Unchanged
31 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 54,23754.2k $488.0k $488.0k 0.00% Added +144 +144
32 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 53,63653.6k $482.0k $482.0k 0.00% Added +23.5k +23,470
33 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 51,61051.6k $464.5k $464.5k 0.00% Added +25.9k +25,862
34 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 44,90144.9k $404.1k $404.1k 0.00% Reduced -13.6k -13,584
35 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 42,19842.2k $379.8k $379.8k 0.00% Added +631 +631
36 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 41,99142.0k $377.9k $377.9k 0.00% Added +3.3k +3,261
37 BI Asset Management Fondsmaeglerselskab A/S 0.00% of their portfolio KOBENHAVN, G7 40,87040.9k $367.0k $367.0k 0.00% Added +809 +809
38 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 38,70938.7k $348.4k $348.4k 0.00% Added +23.3k +23,270
39 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 35,17535.2k $317.0k $317.0k 0.00% Added +8.3k +8,306
40 Arete Wealth Advisors, LLC 0.02% of their portfolio CHICAGO, IL 33,00033.0k $297.0k $297.0k 0.02% New
41 Stratos Wealth Advisors, LLC 0.02% of their portfolio BEACHWOOD, OH 32,00032.0k $288.0k $288.0k 0.02% Unchanged
42 Alteri Wealth LLC 0.10% of their portfolio WESTLAKE VILLAGE, CA 30,00030.0k $270.0k $270.0k 0.10% Added +1.0k +1,000
43 Quantedge Capital Pte Ltd 0.22% of their portfolio Singapore, U0 26,26126.3k $236.3k $236.3k 0.22% Added +14.1k +14,100
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 22,84022.8k $205.6k $205.6k 0.00% New
45 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 21,30421.3k $191.7k $191.7k 0.00% Reduced -8.1k -8,070
46 Abel Hall, LLC 0.08% of their portfolio BATON ROUGE, LA 20,00020.0k $180.0k $180.0k 0.08% Unchanged
47 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 18,30918.3k $164.8k $164.8k 0.00% Unchanged
48 First National Bank of Mount Dora, Trust Investment Services 0.04% of their portfolio MOUNT DORA, FL 17,50017.5k $157.5k $157.5k 0.04% Unchanged
49 U.S. Capital Wealth Advisors, LLC 0.00% of their portfolio AUSTIN, TX 16,60016.6k $149.4k $149.4k 0.00% Unchanged
50 Astoria Portfolio Advisors LLC. 0.04% of their portfolio NEW YORK, NY 16,32016.3k $140.7k $140.7k 0.04% Added +1.5k +1,507
51 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 16,20516.2k $145.8k $145.8k 0.00% Added +324 +324
52 Gladstone Institutional Advisory LLC 0.01% of their portfolio Bedminster, NJ 14,02414.0k $126.2k $126.2k 0.01% Added +63 +63
53 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 13,46513.5k $121.2k $121.2k 0.00% New
54 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 12,84512.8k $115.6k $115.6k 0.00% Added +104 +104
55 INDEPENDENT FINANCIAL GROUP, LLC 0.00% of their portfolio SAN DIEGO, CA 12,60012.6k $113.4k $113.4k 0.00% Reduced -10.2k -10,200
56 Centric Wealth Management 0.02% of their portfolio CHICAGO, IL 11,53511.5k $100.1k $100.1k 0.02% Added +64 +64
57 Bordeaux Wealth Advisors LLC 0.01% of their portfolio MENLO PARK, CA 11,50011.5k $103.5k $103.5k 0.01% Unchanged
58 STEEL GROVE CAPITAL ADVISORS, LLC 0.01% of their portfolio MEMPHIS, TN 11,32511.3k $101.9k $101.9k 0.01% Unchanged
59 CARY STREET PARTNERS FINANCIAL LLC 0.00% of their portfolio RICHMOND, VA 10,95911.0k $98.6k $98.6k 0.00% Unchanged
60 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 10,51710.5k $94.7k $94.7k 0.00% Reduced -757 -757
61 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 10,00010.0k $90.0k $90.0k 0.00% New
62 MGB Wealth Management, LLC 0.03% of their portfolio ADDISON, TX 10,00010.0k $90.0k $90.0k 0.03% Reduced -5.0k -5,000
63 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,1809.2k $82.6k $82.6k 0.00% Unchanged
64 COMERICA BANK 0.00% of their portfolio DALLAS, TX 7,5037.5k $67.5k $67.5k 0.00% Reduced -5.3k -5,259
65 Traub Capital Management LLC 0.04% of their portfolio NEEDHAM, MA 5,4005.4k $48.6k $48.6k 0.04% First filing
66 MONETARY MANAGEMENT GROUP INC 0.01% of their portfolio ST LOUIS, MO 5,2005.2k $46.8k $46.8k 0.01% Added +1.2k +1,200
67 CX Institutional 0.00% of their portfolio AUBURN, IN 5,0005.0k $45.0k $45.0k 0.00% Unchanged
68 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 4,2604.3k $38.3k $38.3k 0.00% Reduced -250 -250
69 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4,0254.0k $36.2k $36.2k 0.00% Unchanged
70 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,9473.9k $35.5k $35.5k 0.00% Added +80 +80
71 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 3,4363.4k $30.9k $30.9k 0.00% Added +35 +35
72 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 3,2693.3k $29.4k $29.4k 0.00% New
73 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,0003.0k $27.0k $27.0k 0.00% Unchanged
74 BFSG, LLC 0.00% of their portfolio IRVINE, CA 2,6302.6k $23.7k $23.7k 0.00% Unchanged
75 MARK SHEPTOFF FINANCIAL PLANNING, LLC 0.01% of their portfolio GLASTONBURY, CT 2,4002.4k $21.6k $21.6k 0.01% Reduced -1.5k -1,500
76 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 1,4301.4k $12.9k $12.9k 0.00% New
77 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 983983 $8.8k $8.8k 0.00% Unchanged
78 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 900900 $8.1k $8.1k 0.00% Unchanged
79 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 400400 $3.6k $3.6k 0.00% New
80 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 300300 $2.7k $2.7k 0.00% Unchanged
81 Riverview Trust Co 0.00% of their portfolio VANCOUVER, WA 300300 $2.7k $2.7k 0.00% Unchanged
82 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 195195 $1.8k $1.8k 0.00% Unchanged
83 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 4949 $441 $441 0.00% Unchanged
84 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged