NPORT-P false 0000044402 XXXXXXXX S000007849 C000077160 C000077158 C000021355 C000210977 C000021356 C000077157 C000021354 C000027740 NEUBERGER BERMAN EQUITY FUNDS 811-00582 0000044402 5493007JOB1812PHXG23 1290 AVENUE OF THE AMERICAS NEW YORK 10104 212-476-8800 Neuberger Berman Guardian Fund S000007849 549300XZE1QMBKYOIZ97 2020-08-31 2019-11-30 N 1365171068.26 32225992.82 1332945075.44 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N CDW Corp/DE N/A 12514G108 243000.00000000 NS USD 32817150.00000000 2.462003169122 Long EC CORP US N 1 N N N Medtronic PLC 549300GX3ZBSQWUXY261 000000000 210385.00000000 NS USD 23434785.15000000 1.758120839470 Long EC CORP IE N 1 N N N Visa, Inc. Class A 549300JZ4OKEHW3DPJ59 92826C839 206340.00000000 NS USD 38071793.40000000 2.856216216368 Long EC CORP US N 1 N N N Raytheon Co YR6K3WJN0KKLUPZSNL57 755111507 28595.00000000 NS USD 6217124.90000000 0.466420185989 Long EC CORP US N 1 N N N SmileDirectClub Inc N/A 83192H106 184000.00000000 NS USD 1834480.00000000 0.137626075807 Long EC CORP US N 1 N N N N/A N/A 000000000 -1200.00000000 NC USD -33000.00000000 -0.00247572091 N/A DE US N 1 Nomura Securities International, Inc. OXTKY6Q8X53C9ILVV871 Put Written Tradeweb Markets Inc Tradeweb Markets Inc 100.00000000 35.00000000 USD 2020-01-17 XXXX 187195.40000000 N N N REPAY WARRANTS EXP CALL 01JAN25 N/A 000000000 1510680.00000000 NS USD 1525786.80000000 0.114467342136 N/A DE US N 1 N/A N/A Call Purchased REPAY HOLDINGS REPAY HOLDINGS 1.00000000 1.00000000 USD 2025-01-01 XXXX 1525786.80000000 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 594918104 484000.00000000 NS USD 73267920.00000000 5.496694601299 Long EC CORP US N 1 N N N N/A N/A 000000000 -457.00000000 NC USD -194225.00000000 -0.01457111801 N/A DE US N 1 Goldman Sachs & Co. LLC FOR8UP27PHTHYVLBNG30 Put Written Ashland Global Holdings Inc Ashland Global Holdings Inc 100.00000000 75.00000000 USD 2020-01-17 XXXX 1595.43000000 N N N Boeing Co/The RVHJWBXLJ1RFUBSY1F30 097023105 37420.00000000 NS USD 13702455.60000000 1.027983512034 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 152000.00000000 NS USD 20898480.00000000 1.567842545432 Long EC CORP US N 1 N N N Conagra Brands Inc 54930035UDEIH090K650 205887102 480000.00000000 NS USD 13857600.00000000 1.039622731298 Long EC CORP US N 1 N N N N/A N/A 000000000 -1096.00000000 NC USD -41100.00000000 -0.00308339786 N/A DE US N 1 Nomura Securities International, Inc. OXTKY6Q8X53C9ILVV871 Put Written Ashland Global Holdings Inc Ashland Global Holdings Inc 100.00000000 65.00000000 USD 2020-01-17 XXXX 226731.65000000 N N N IHS Markit Ltd 549300HLPTRASHS0E726 000000000 539485.00000000 NS USD 39193585.25000000 2.940375111634 Long EC CORP BM N 1 N N N N/A N/A 000000000 424.00000000 NC USD 82680.00000000 0.006202806216 N/A DE US N 1 Nomura Securities International, Inc. OXTKY6Q8X53C9ILVV871 Call Purchased CSX Corp CSX Corp 100.00000000 72.50000000 USD 2020-01-17 XXXX -16934.56000000 N N N Humana Inc 529900YLDW34GJAO4J06 444859102 64940.00000000 NS USD 22159476.20000000 1.662444807989 Long EC CORP US N 1 N N N ServiceNow Inc 549300HJTQM36M0E1G39 81762P102 53000.00000000 NS USD 15001120.00000000 1.125411712485 Long EC CORP US N 1 N N N Thermo Fisher Scientific Inc HCHV7422L5HDJZCRFL38 883556102 35920.00000000 NS USD 11277084.00000000 0.846027657687 Long EC CORP US N 1 N N N Enbridge Inc 98TPTUM4IVMFCZBCUR27 29250N105 538625.00000000 NS USD 20467750.00000000 1.535528385762 Long EC CORP CA N 1 N N N CSX Corp 549300JVQR4N1MMP3Q88 126408103 111135.00000000 NS USD 7950597.90000000 0.596468530211 Long EC CORP US N 1 N N N Brookfield Infrastructure Partners LP 549300WEH5R2OODI7Y90 000000000 464410.00000000 NS USD 24195761.00000000 1.815210652397 Long EC CORP BM N 1 N N N Costco Wholesale Corp 29DX7H14B9S6O3FD6V18 22160K105 64655.00000000 NS USD 19384215.55000000 1.454239631261 Long EC CORP US N 1 N N N Facebook, Inc. Class A BQ4BKCS1HXDV9HN80Z93 30303M102 227065.00000000 NS USD 45785386.60000000 3.434904216506 Long EC CORP US N 1 N N N N/A N/A 000000000 -78.00000000 NC USD -4290.00000000 -0.00032184371 N/A DE US N 1 Citibank Global Markets Inc. 549300EXZFKOKING8C30 Call Written Home Depot Inc/The Home Depot Inc/The 100.00000000 245.00000000 USD 2020-01-17 XXXX 28640.13000000 N N N State Street Global Advisors 549300Q3FHSMZ70NLT76 857492870 28588351.60000000 NS USD 28588351.60000000 2.144750907351 Long STIV RF US N 2 N N N PVH Corp 123WALMHY1GZXG2YDL90 693656100 33000.00000000 NS USD 3199680.00000000 0.240045899786 Long EC CORP US N 1 N N N PayPal Holdings Inc 5493005X2GO78EFZ3E94 70450Y103 47150.00000000 NS USD 5092671.50000000 0.382061616328 Long EC CORP US N 1 N N N N/A N/A 000000000 -117.00000000 NC USD -50895.00000000 -0.00381823684 N/A DE US N 1 Nomura Securities International, Inc. OXTKY6Q8X53C9ILVV871 Call Written S&P Global Inc S&P Global Inc 100.00000000 280.00000000 USD 2020-02-21 XXXX 3918.36000000 N N N BlackRock Inc 549300LRIF3NWCU26A80 09247X101 47585.00000000 NS USD 23550292.35000000 1.766786402825 Long EC CORP US N 1 N N N N/A N/A 000000000 -220.00000000 NC USD -170500.00000000 -0.01279122472 N/A DE US N 1 J.P. Morgan Securities LLC ZBUT11V806EZRVTWT807 Call Written PVH Corp PVH Corp 100.00000000 105.00000000 USD 2020-06-19 XXXX 45867.71000000 N N N NextEra Energy Inc N/A 65339F101 95000.00000000 NS USD 22212900.00000000 1.666452760078 Long EC CORP US N 1 N N N N/A N/A 000000000 1200.00000000 NC USD 642000.00000000 0.048164025047 N/A DE US N 1 Nomura Securities International, Inc. OXTKY6Q8X53C9ILVV871 Call Purchased Tradeweb Markets Inc Tradeweb Markets Inc 100.00000000 40.00000000 USD 2020-01-17 XXXX 364200.00000000 N N N Brookfield Asset Management, Inc. Class A C6J3FGIWG6MBDGTE8F80 112585104 622015.00000000 NS USD 36331896.15000000 2.725685913052 Long EC CORP CA N 1 N N N Gates Industrial Corp PLC N/A 000000000 377660.00000000 NS USD 4490377.40000000 0.336876401191 Long EC CORP GB N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 91324P102 67605.00000000 NS USD 18920611.35000000 1.419459188425 Long EC CORP US N 1 N N N State Street Global Advisors 5493008BJIBKQ5KTIF74 857492706 29438407.50000000 NS USD 29438407.50000000 2.208523670060 Long STIV RF US N 2 N N N/A N/A 000000000 180.00000000 NC USD 72900.00000000 0.005469092563 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Purchased Deere & Co Deere & Co 100.00000000 170.00000000 USD 2020-01-17 XXXX -26087.40000000 N N N salesforce.com Inc RCGZFPDMRW58VJ54VR07 79466L302 186000.00000000 NS USD 30297540.00000000 2.272977376055 Long EC CORP US N 1 N N N CME Group Inc LCZ7XYGSLJUHFXXNXD88 12572Q105 89030.00000000 NS USD 18049051.90000000 1.354073189703 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 037833100 184735.00000000 NS USD 49370428.75000000 3.703860696113 Long EC CORP US N 1 N N N Alphabet, Inc. Class A 5493006MHB84DD0ZWV18 02079K305 53455.00000000 NS USD 69710130.95000000 5.229782699560 Long EC CORP US N 1 N N N OneSpaWorld Holdings Limited 5493007W8PZ8W6UC2X76 000000000 126820.00000000 NS USD 2070970.60000000 0.155368037150 Long EC CORP US N 2 N N N Tradeweb Markets Inc N/A 892672106 298590.00000000 NS USD 13355930.70000000 1.001986574397 Long EC CORP US N 1 N N N Expedia Group Inc CI7MUJI4USF3V0NJ1H64 30212P303 283270.00000000 NS USD 28797228.20000000 2.160421215442 Long EC CORP US N 1 N N N General Dynamics Corp 9C1X8XOOTYY2FNYTVH06 369550108 37375.00000000 NS USD 6792532.50000000 0.509588326267 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 437076102 58000.00000000 NS USD 12789580.00000000 0.959497899474 Long EC CORP US N 1 N N N Chewy Inc N/A 16679L109 685000.00000000 NS USD 16960600.00000000 1.272415519026 Long EC CORP US N 1 N N N REPAY HOLDINGS CORP COMMON STOCK N/A 76029L100 1510680.00000000 NS USD 20892704.40000000 1.567409249259 Long EC CORP US N 1 N N N VENTURE GLOBAL LNG, INC. SERIES C COMMON EQUITY 54930011XLBUWMQUC829 000000000 329.00000000 NS USD 2303000.00000000 0.172775311033 Long EC CORP US Y 3 N N N Spotify Technology SA 549300B4X0JHWV0DTD60 000000000 178000.00000000 NS USD 25373900.00000000 1.903596814866 Long EC CORP LU N 1 N N N LEGALZOOM.COM INC COMMON STOCK 5493000L8EBF74Y9JZ48 52466B103 2176736.00000000 NS USD 21437584.50000000 1.608287160138 Long EC CORP US Y 3 N N N Moderna Inc 549300EI6OKH5K5Q2G38 60770K107 240789.00000000 NS USD 4902464.04000000 0.367791901581 Long EC CORP US N 1 N N Alibaba Group Holding Ltd 5493001NTNQJDH60PM02 01609W102 34840.00000000 NS USD 6968000.00000000 0.522752222007 Long EC CORP KY N 1 N N N CVS Health Corp 549300EJG376EN5NQE29 126650100 239020.00000000 NS USD 17991035.40000000 1.349720684782 Long EC CORP US N 1 N N N Verisk Analytics Inc 549300I1YSWNIRKBWP67 92345Y106 49000.00000000 NS USD 7226520.00000000 0.542146869601 Long EC CORP US N 1 N N N Ashland Global Holdings Inc 529900E4L9R04SB8HB11 044186104 420700.00000000 NS USD 30164190.00000000 2.262973212909 Long EC CORP US N 1 N N N Motorola Solutions Inc 6S552MUG6KGJVEBSEC55 620076307 90000.00000000 NS USD 15057000.00000000 1.129603933232 Long EC CORP US N 1 N N N NIKE Inc 787RXPR0UX0O0XUXPZ81 654106103 287000.00000000 NS USD 26831630.00000000 2.012958410243 Long EC CORP US N 1 N N N Gilead Sciences Inc 549300WTZWR07K8MNV44 375558103 251775.00000000 NS USD 16929351.00000000 1.270071161365 Long EC CORP US N 1 N N N Union Pacific Corp 549300LMMRSZZCZ8CL11 907818108 59800.00000000 NS USD 10524202.00000000 0.789545060326 Long EC CORP US N 1 N N N Sweetgreen, Inc. N/A 000000000 626667.00000000 NS USD 10716005.70000000 0.803934527944 Long EP CORP US Y 3 N N N SWEETGREEN INC SERIES I COMMON STOCK N/A 000000000 59031.00000000 NS USD 1009430.10000000 0.075729309376 Long EC CORP US Y 3 N N N DUCK CREEK TECH SERIES E PREF N/A 000000000 3985938.00000000 NS USD 11550012.68000000 0.866503271050 Long EC CORP US Y 3 N N N McDonald's Corp UE2136O97NLB5BYP9H04 580135101 170000.00000000 NS USD 33061600.00000000 2.480342259345 Long EC CORP US N 1 N N N N/A N/A 000000000 -745.00000000 NC USD 0.00000000 0.000000 N/A DE US N 3 Nomura Securities International, Inc. OXTKY6Q8X53C9ILVV871 Put Written PVH Corp PVH Corp 100.00000000 55.00000000 USD 2020-01-17 XXXX 161788.27000000 N N N N/A N/A 000000000 -500.00000000 NC USD -61250.00000000 -0.00459508805 N/A DE US N 1 J.P. Morgan Securities LLC ZBUT11V806EZRVTWT807 Call Written IHS Markit Ltd IHS Markit Ltd 100.00000000 80.00000000 USD 2020-04-17 XXXX -1001.27000000 N N N Equifax Inc 5493004MCF8JDC86VS77 294429105 205840.00000000 NS USD 28743497.60000000 2.156390246650 Long EC CORP US N 1 N N N N/A N/A 000000000 325.00000000 NC USD 511062.50000000 0.038340852103 N/A DE US N 1 J.P. Morgan Securities LLC ZBUT11V806EZRVTWT807 Call Purchased CVS Health Corp CVS Health Corp 100.00000000 60.00000000 USD 2020-02-21 XXXX 440050.00000000 N N N Activision Blizzard Inc 549300TPQQDBP9GNOF40 00507V109 480000.00000000 NS USD 26318400.00000000 1.974454948289 Long EC CORP US N 1 N N N THUNDER BRIDGE FOUNDER SHARES COMMON STOCK N/A 000000000 206082.00000000 NS USD 2198894.94000000 0.164965157268 Long EC CORP US Y 2 N N N Delta Air Lines Inc Q2CCMS6R0AS67HJMBN42 247361702 438540.00000000 NS USD 25132727.40000000 1.885503601242 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 023135106 27685.00000000 NS USD 49855148.00000000 3.740225228975 Long EC CORP US N 1 N N N S&P Global Inc Y6X4K52KMJMZE7I7MY94 78409V104 58880.00000000 NS USD 15582592.00000000 1.169034815245 Long EC CORP US N 1 N N N DRUVA TECHNOLOGIES PTE. LTD SERIES 4 PREFERENCE SHARES N/A 000000000 287787.00000000 NS USD 1500003.40000000 0.112533023876 Long EC CORP US Y 3 N N N Lowe's Cos Inc WAFCR4OKGSC504WU3E95 548661107 241890.00000000 NS USD 28376115.90000000 2.128828593378 Long EC CORP US N 1 N N N N/A N/A 000000000 -2095.00000000 NC USD -240925.00000000 -0.01807463821 N/A DE US N 1 Nomura Securities International, Inc. OXTKY6Q8X53C9ILVV871 Call Written HD Supply Holdings Inc HD Supply Holdings Inc 100.00000000 42.50000000 USD 2020-03-20 XXXX 67130.40000000 N N N Blackstone Group Inc/The 5299004LW4QWGZUB8Y96 09260D107 528920.00000000 NS USD 28678042.40000000 2.151479676725 Long EC CORP US N 1 N N Walmart Inc Y87794H0US1R65VBXU25 931142103 110000.00000000 NS USD 13099900.00000000 0.982778678684 Long EC CORP US N 1 N N N Act II Global Acquisition Corp N/A 000000000 288800.00000000 NS USD 2931320.00000000 0.219913037229 Long EC CORP KY N 1 N N N HD Supply Holdings Inc 549300B7Z7O7RWEXS689 40416M105 536000.00000000 NS USD 21343520.00000000 1.601230267717 Long EC CORP US N 1 N N N 2019-12-23 NEUBERGER BERMAN EQUITY FUNDS John McGovern John McGovern Treasurer XXXX