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Funds (13F)

Neuberger Berman Group LLC

Backtest from 16 Aug 2013 to 2 Nov 2026 · weekly · hypothetical

Watch this strategy
Return a year
+12.6%
S&P 500 +14.1%
Last 12 months
+10.7%
S&P 500 +12.1%
Sharpe ratio
0.69
S&P 500 0.78
Biggest drop
−33.8%
S&P 500 −31.8%
$10.0k$20.0k$40.0k 2013201520172019202120232025 $57.0k$48.1k
Neuberger Berman Group LLCS&P 500 $10,000 in Neuberger Berman Group LLC from 16 Aug 2013 against the S&P 500 (total return) over the same dates, marked weekly, log scale. Hypothetical: before taxes and trading costs.

About

Copies Neuberger Berman Group LLC's quarterly 13F holdings in the companies we cover, weighted by reported value: it buys on the first trading day after each 13F is filed (up to 45 days after the quarter) and holds until the next filing. A 13F shows long US-listed positions only, at the quarter's end, so this misses shorts, cash, bonds, non-US holdings and trading within the quarter.

Neuberger Berman Group LLC's 13F holdings →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+12.6%+14.1%
Total return+381%+470%
Last 12 months+10.7%+12.1%
Last 3 months−0.2%—
Last month−1.2%—
This year so far+9.1%—
Volatility a year16.4%16.0%
Sharpe ratio0.690.78
Biggest drop−33.8%−31.8%
Beta to the S&P 5001.011.00
Alpha a year (t-statistic)−1.3% (−1.45)—
Share of weeks up59%—

Sharpe ratio uses returns above the 3-month Treasury bill rate. Alpha is the yearly return left after allowing for the strategy's exposure to the S&P 500 (CAPM); a t-statistic below about 2 means it cannot be told apart from luck.

Insights

CompanyWeightHeld sinceReturn since
NVDA4.6%——
AAPL3.8%——
AMZN3.4%——
MSFT3.0%——
GOOGL2.6%——
JPM1.9%——
LLY1.5%——
AVGO1.1%——
ASML1.1%——
META1.1%——
HD1.0%——
NEE0.9%——
ADI0.8%——
APH0.8%——
MU0.8%——
JNJ0.8%——
V0.8%——
GE0.7%——
INTC0.7%——
AMD0.7%——
CAT0.6%——
WMB0.6%——
AMAT0.6%——
COST0.6%——
MSI0.6%——
TRGP0.5%——
LRCX0.5%——
MA0.5%——
LIN0.5%——
CSCO0.5%——
TJX0.5%——
ETN0.5%——
CSX0.5%——
ORCL0.5%——
TSM0.5%——
URI0.4%——
UNP0.4%——
AON0.4%——
UBER0.4%——
GEV0.4%——
MS0.4%——
TXN0.4%——
WMT0.4%——
MCD0.4%——
AZN0.4%——
MKSI0.4%——
BA0.4%——
EPD0.4%——
CVX0.4%——
NFLX0.4%——
CME0.3%——
LNG0.3%——
CNP0.3%——
MRK0.3%——
UNH0.3%——
TMUS0.3%——
SCCO0.3%——
DTM0.3%——
SPGI0.3%——
CRWD0.3%——
BX0.3%——
SNDK0.3%——
IBKR0.3%——
BAC0.3%——
WDC0.3%——
MRVL0.3%——
CEG0.3%——
GS0.3%——
PANW0.3%——
RTX0.3%——
NVT0.3%——
SPCX0.3%——
DHR0.3%——
GLW0.3%——
CMI0.3%——
TMO0.3%——
COR0.3%——
PNC0.3%——
PGR0.2%——
FE0.2%——
ABBV0.2%——
FCX0.2%——
MTSI0.2%——
HAE0.2%——
MCO0.2%——
CHD0.2%——
PWR0.2%——
VSAT0.2%——
BLK0.2%——
VST0.2%——
HOOD0.2%——
VMI0.2%——
UGI0.2%——
ANET0.2%——
TSLA0.2%——
VRTX0.2%——
ESI0.2%——
VECO0.2%——
PLD0.2%——
WES0.2%——
GWW0.2%——
COF0.2%——
PG0.2%——
WFC0.2%——
PM0.2%——
AME0.2%——
REGN0.2%——
PSX0.2%——
EW0.2%——
SPOT0.2%——
ECHO0.2%——
PFE0.2%——
WTM0.2%——
TTWO0.2%——
LITE0.2%——
WAT0.2%——
FITB0.2%——
DAL0.2%——
SCHW0.2%——
CNX0.2%——
AMGN0.2%——
APO0.2%——
ABT0.2%——
CBU0.2%——
EOG0.2%——
EQIX0.2%——
DVN0.2%——
UMBF0.2%——
DIS0.2%——
ROK0.2%——
KO0.2%——
BAM0.2%——
DE0.2%——
MPWR0.2%——
EQT0.2%——
LSCC0.2%——
LFUS0.2%——
SYK0.2%——
PB0.2%——
AWR0.2%——
GBCI0.2%——
RYAN0.2%——
RVTY0.2%——
WM0.1%——
CL0.1%——
DVA0.1%——
LYV0.1%——
MDLZ0.1%——
CI0.1%——
TECH0.1%——

Weighted by reported value in the latest 13F, held until the next filing.

PeriodReturn a yearS&P 500SharpeS&P 500Biggest dropBetaAlpha (t)
Whole backtest16 Aug 2013 to 2 Nov 2026+12.6%+14.1%0.690.78−33.8%1.01−1.3% (−1.45)
2018 onwards5 Jan 2018 to 2 Nov 2026+11.8%+13.9%0.550.66−33.8%1.00−1.9% (−1.53)
Last three years3 Nov 2023 to 2 Nov 2026+17.4%+21.8%0.941.16−17.3%0.92−2.3% (−1.06)
Last year7 Nov 2025 to 2 Nov 2026+12.1%+14.2%0.740.84−7.7%0.84−0.4% (−0.09)
DateCompanyAction
14 Aug 2026ZENABought
14 Aug 2026YELPBought
14 Aug 2026WSEBought
14 Aug 2026WORBought
14 Aug 2026WOLFBought
14 Aug 2026WLFCBought
14 Aug 2026WKCBought
14 Aug 2026WDBought
14 Aug 2026VRTSBought
14 Aug 2026VNDABought
14 Aug 2026VKTXBought
14 Aug 2026VCTRBought
14 Aug 2026VCBought
14 Aug 2026VACBought
14 Aug 2026UTIBought
14 Aug 2026USARBought
14 Aug 2026UPSTBought
14 Aug 2026UNITBought
14 Aug 2026UAMYBought
14 Aug 2026TRONBought
14 Aug 2026TRIPBought
14 Aug 2026TRIBought
14 Aug 2026TILEBought
14 Aug 2026TBNBought
14 Aug 2026TBBKBought

Dated at the rebalance that made the change.

DateCompanyAction
14 Aug 2026VNTSold
14 Aug 2026UWMCSold
14 Aug 2026TRSold
14 Aug 2026TMDXSold
14 Aug 2026SRPTSold
14 Aug 2026SPWRSold
14 Aug 2026SONOSold
14 Aug 2026SHOESold
14 Aug 2026SATLSold
14 Aug 2026RRSold
14 Aug 2026RNASold
14 Aug 2026PPCSold
14 Aug 2026PLPCSold
14 Aug 2026PLABSold
14 Aug 2026OPCHSold
14 Aug 2026OISold
14 Aug 2026NOGSold
14 Aug 2026NIQSold
14 Aug 2026NCNOSold
14 Aug 2026NABLSold
14 Aug 2026MWASold
14 Aug 2026MSTRSold
14 Aug 2026MNTKSold
14 Aug 2026MEOHSold
14 Aug 2026LUSold

Dated at the rebalance that made the change.

Backtests are hypothetical and use today's listed companies only, which flatters results. Past performance does not predict future returns. This is research, not investment advice. How we backtest