Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Neuberger Berman Group’s Latest Moves

Neuberger Berman Group is an independent, employee-owned investment manager that was a part of Lehman Brothers. It was formed way back in 1939, and now it offers offices to its clients across 35 cities around the world. The firm manages fixed income, hedge fund portfolios, and equities for its clients, which include wealthy individuals, global institutional investors, and advisors. Its current Chairman and CEO is George Walker who cut his teeth at Goldman Sachs in the Merger Department and after six years of his employment, in 1998, he became partner; more importantly, he became one of the youngest partners in Goldman Sachs’ history. Mr. Walker graduated with a BS and a BA, both summa cum laude, from the University of Pennsylvania (he had Harry S. Truman Scholarship and was a Benjamin Franklin Scholar), and he also earned an MBA as Palmer Scholar from the Wharton School of the University of Pennsylvania. In this article, we are going to take a look at Neuberger Berman Group’s latest moves.

stock, market, business, app, shares, share, news, global, man, phone, big, graph, chart, using, screen, fast, motion, concept, internet, up, tablet, touching, technology,


Insider Monkey’s flagship strategy identifies the best performing 100 hedge funds at the end of each quarter and invests in their consensus stock picks. This way it is always invested in the best ideas of the best performing hedge funds and is able to generate much higher returns than the market. Since its inception in May 2014, our flagship strategy generated a cumulative return of 103%, beating the S&P 500 ETF (SPY) by nearly 38 percentage points (see the details here). Our best performing hedge funds strategy also returned 26.4% year-to-date and outperformed the S&P 500 Index by nearly 12 percentage points. We take a closer look at hedge funds like Neuberger Berman Group in order to identify their best and worst ideas.

During the first three months of 2019, Neuberger Berman Group initiated new positions in BHP Group (NYSE:BHP),Qorvo, Inc. (NASDAQ:QRVO), The Children’s Place, Inc. (NASDAQ:PLCE), Ambarella, Inc. (NASDAQ:AMBA), and Welbilt, Inc. (NYSE:WBT). The fund also decided to boost its stakes in Microsoft Corporation (NASDAQ:MSFT),, Inc. (NASDAQ:AMZN), Apple Inc. (NASDAQ:AAPL), and Motorola Solutions, Inc. (NYSE:MSI).

The top exits in this quarter counted SolarWinds Corporation (NYSE:SWI), The Cheesecake Factory Incorporated (NASDAQ:CAKE), and Tower Semiconductor Ltd. (NASDAQ:TSEM). The stakes that got trimmed during the quarter included those in Pfizer Inc. (NYSE:PFE), Intercontinental Exchange, Inc. (NYSE:ICE), Texas Instruments Incorporated (NASDAQ:TXN), and CME Group Inc. (NASDAQ:CME).

Disclosure: None.

This article is originally published at Insider Monkey.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.