Neuberger Berman Group LLC

Neuberger Berman managed $131.4B across 3,889 positions, with a megacap technology core — NVIDIA (3.9%), Microsoft (3.2%), Apple (3.1%), Amazon and Alphabet — but a noticeably more balanced top of book than index-hugging peers, with JPMorgan and Eli Lilly inside the top eight. The Q1 reshuffle was active: the firm cut its Microsoft position by roughly $1.5B and trimmed Apple, JPMorgan and Eli Lilly, while exiting bank exposure in Wells Fargo and Bank of America. New money flowed into Cheniere Energy, AstraZeneca, AMD and CSX, with Netflix and Motorola Solutions among the largest adds. Assets eased from $134.3B to $131.4B.