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NEUBERGER BERMAN GROUP LLC

SEC Form 13F institutional filer · CIK 0001465109

13F-HR · 517 reported holdings · 2026-03-31

Asset management firm, subsidiary of Neuberger Berman Group.

Reported long-US-equity value

$94.60B

Top-10 concentration

31.1%

NEUBERGER BERMAN GROUP LLC — $94.6B AUM allocation strategy

NEUBERGER BERMAN GROUP LLC files SEC Form 13F and reports $94.6B of long US equity value across 517 reported holdings for 2026-03-31.

Its largest sector bet is Information Technology 16.3%, followed by Communication Services 7.9% and Consumer Discretionary 5.2%.

The top 10 holdings account for 31% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

NEUBERGER BERMAN GROUP LLC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$94.6B

total across 517 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

31% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$KVUE$BSX$CMCSA

+$KVUE +3.92M sh · +$67.7M+$BSX +3.06M sh · +$61.4M+$CMCSA +2.9M sh · +$81.3M

Biggest trims (shares)

$WBD$IVZ$TSCO

−$WBD −5.42M sh · −$166M−$IVZ −2.42M sh · −$51.4M−$TSCO −2.29M sh · −$116M

Added from nil (new positions)

None this quarter

Exited to nil (held last quarter, gone now)

$ERIE$NWSA

$ERIE ($539K last qtr)$NWSA ($205K last qtr)

Sector allocation (share of reported value)

Information Technology 16%Communication Services 8%Consumer Discretionary 5%Financials 3%Health Care 3%Energy 2%ETFs 2%Utilities 1%Other holdings 59%SECTORS
  • $XLKInformation Technology16.3%
  • $XLCCommunication Services7.9%
  • $XLYConsumer Discretionary5.2%
  • $XLFFinancials3.4%
  • $XLVHealth Care2.6%
  • $XLEEnergy2.0%
  • ETFs2.0%
  • $XLUUtilities1.3%
  • Other holdings59.2%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Semiconductors 8%Interactive Media & Services 7%Systems Software 4%Technology Hardware, Storage & Peripherals 4%Broadline Retail 4%Pharmaceuticals 3%Diversified Banks 2%Multi-Utilities 1%Other holdings 66%INDUSTRIES
  • Semiconductors7.6%
  • Interactive Media & Services7.0%
  • Systems Software4.5%
  • Technology Hardware, Storage & Peripherals4.3%
  • Broadline Retail3.8%
  • Pharmaceuticals2.6%
  • Diversified Banks2.5%
  • Multi-Utilities1.3%
  • Other holdings66.4%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

9 of 9 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$NVDANVIDIA Corporation29.2M$5.09B+2.28M5.4%
$MSFTMicrosoft Corporation11.4M$4.21B-368K4.5%
$AAPLApple Inc15.9M$4.04B-314K4.3%
$AMZNAmazon.com Inc17.5M$3.65B+1.06M3.9%
$GOOGAlphabet Inc. Class C Capital Stock9.54M$2.74B+60.3K2.9%
$GOOGLAlphabet Inc8.57M$2.46B-196K2.6%
$JPMJP Morgan Chase & Co7.89M$2.32B-328K2.5%
$LLYEli Lilly and Company1.73M$1.59B-44.1K1.7%
$METAMeta Platforms Inc2.47M$1.41B+50.3K1.5%

…and 508 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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