NEUBERGER BERMAN REAL ESTATE

CUSIP: 64190A103 Class: COM

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
SIT INVESTMENT ASSOCIATES INC7,962,316$24
MORGAN STANLEY1,808,734$5,499
Advisors Asset Management, Inc.490,162$1,490
WOLVERINE ASSET MANAGEMENT LLC480,600$1,461
Cornerstone Advisors, LLC382,583$1,163
LPL Financial LLC336,179$1,022
OSAIC HOLDINGS, INC.317,662$966
NWF Advisory Services Inc.253,206$770
Calamos Advisors LLC217,718$662
BANK OF AMERICA CORP /DE/213,419$649
Kanen Wealth Management LLC192,000$1
Concorde Asset Management, LLC164,900$501
Cetera Investment Advisers121,607$370
Shaker Financial Services, LLC119,089$362
RAYMOND JAMES FINANCIAL INC73,580$224
ROYAL BANK OF CANADA68,627$208
Private Advisor Group, LLC64,771$197
WELLS FARGO & COMPANY/MN60,510$184
Kestra Advisory Services, LLC59,314$180
BENJAMIN EDWARDS INC58,682$178
Live Oak Private Wealth LLC56,138$171
Closed-End Fund Advisors, Inc.45,529$138
Quarry LP45,346$138
NewEdge Advisors, LLC38,652$118
ABSOLUTE INVESTMENT ADVISERS, LLC35,715$108
Parcion Private Wealth LLC33,333$101
WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC32,700$99
ENVESTNET ASSET MANAGEMENT INC32,080$98
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.29,911$91
DECISION INVESTMENTS, INC26,379$80
FLAGSHIP HARBOR ADVISORS, LLC26,000$79
Modern Wealth Management, LLC22,228$68
COMMONWEALTH EQUITY SERVICES, LLC20,037$61
Integrity Advisory Solutions, LLC19,427$59
OPPENHEIMER & CO INC19,308$59
Cambridge Investment Research Advisors, Inc.18,129$0
NEUBERGER BERMAN GROUP LLC17,606$54
TWO SIGMA SECURITIES, LLC15,277$46
Arete Wealth Advisors, LLC15,045$0
MERCER GLOBAL ADVISORS INC /ADV14,892$45
Fingerlakes Wealth Management, Inc.14,404$44
Larson Financial Group LLC13,205$40
UBS Group AG12,404$38
Evolution Wealth Advisors, LLC12,238$37
Steward Partners Investment Advisory, LLC12,056$37
Logan Stone Capital, LLC11,581$35
Creative Planning10,717$33
Virtu Financial LLC10,670$0
K2 PRINCIPAL FUND, L.P.10,400$32
BESSEMER GROUP INC7,958$0
PNC Financial Services Group, Inc.7,539$23
HIGHLINE WEALTH PARTNERS LLC3,000$9
Global Retirement Partners, LLC2,739$8
SRS Capital Advisors, Inc.2,500$8
CoreCap Advisors, LLC2,500$8
PIN OAK INVESTMENT ADVISORS INC1,700$0
Pinnacle Wealth Planning Services, Inc.1,036$3
Glen Eagle Advisors, LLC1,000$3
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC870$3
Fortis Group Advisors, LLC666$2
WPG Advisers, LLC433$1
COMERICA BANK260$1
Noble Wealth Management PBC200$1
Private Wealth Management Group, LLC150$0
Sunbelt Securities, Inc.16$0
Total (65 institutions)14,149,633$18,087