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MEGI

MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI

50 hedge funds and large institutions have $189M invested in MainStay CBRE Global Infrastructure Megatrends Term Fund in 2022 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 24 increasing their positions, 8 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 8

70% more capital invested

Capital invested by funds: $111M → $189M (+$78M)

60% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 10

9.74% more ownership

Funds ownership: 17.89% → 27.63% (+9.7%)

9% more funds holding

Funds holding: 46 → 50 (+4)

Holders
50
Holders Change
+4
Holders Change %
+8.7%
% of All Funds
0.8%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
24
Reduced
8
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$29.3M
2
KIM
Karpus Investment Management
New York
+$8.47M
3
Morgan Stanley
Morgan Stanley
New York
+$8.23M
4
LSC
Logan Stone Capital
Illinois
+$5.69M
5
CCP
Clough Capital Partners
Massachusetts
+$5.57M

Top Sellers

Rank Fund Capital Flow
1
Rockefeller Capital Management
Rockefeller Capital Management
New York
-$8.15M
2
KCPG
Kavar Capital Partners Group
Kansas
-$668K
3
PFO
Pathstone Family Office
New Jersey
-$654K
4
Wells Fargo
Wells Fargo
California
-$506K
5
SFS
Shaker Financial Services
Virginia
-$265K
Name Holding Trade Value Shares
Change 		Change in
Stake
MC
26
Matisse Capital
Oregon
$1.15M +$1.13M +84,300 New
FC
27
FCA Corp
Texas
$1.12M +$37.6K +2,796 +4%
First Trust Advisors
28
First Trust Advisors
Illinois
$1.1M -$8.79K -654 -0.8%
RJFSA
29
Raymond James Financial Services Advisors
Florida
$964K +$103K +7,645 +12%
RCM
30
Rivernorth Capital Management
Florida
$832K +$819K +60,951 New
PNC Financial Services Group
31
PNC Financial Services Group
Pennsylvania
$660K +$194K +14,470 +43%
OC
32
Oppenheimer & Co
New York
$632K +$83.9K +6,247 +16%
WS
33
Wedbush Securities
California
$625K +$276K +20,564 +82%
HighTower Advisors
34
HighTower Advisors
Illinois
$476K +$466K +34,689 New
DWM
35
Dakota Wealth Management
Florida
$475K +$264K +19,660 +130%
Cerity Partners
36
Cerity Partners
New York
$376K +$370K +27,558 New
RJT
37
Raymond James Trust
Florida
$359K -$30.8K -2,290 -8%
CAPTRUST Financial Advisors
38
CAPTRUST Financial Advisors
North Carolina
$274K +$725 +54 +0.3%
DWP
39
Daymark Wealth Partners
Ohio
$273K +$269K +20,000 New
Commonwealth Equity Services
40
Commonwealth Equity Services
Massachusetts
$253K -$146K -10,895 -37%
SCA
41
Snowden Capital Advisors
New York
$239K – – –
CA
42
Claro Advisors
Massachusetts
$221K +$16.4K +1,220 +8%
Mariner
43
Mariner
Kansas
$188K +$185K +13,796 New
Susquehanna International Group
44
Susquehanna International Group
Pennsylvania
$140K +$138K +10,270 New
MCI
45
MRP Capital Investments
Georgia
$109K +$107K +8,000 New
Osaic Holdings
46
Osaic Holdings
Arizona
$94K +$41.1K +3,058 +79%
CSPIA
47
Cary Street Partners Investment Advisory
Virginia
$30.7K +$30.2K +2,250 New
IA
48
IFP Advisors
Florida
$18K +$5.4K +402 +82%
Bessemer Group
49
Bessemer Group
New Jersey
$10K +$9.38K +698 New
EWA
50
EverSource Wealth Advisors
Alabama
$642 – – –
1
2
3

MEGI Hedge Fund Activity: Q4 2022 in Review

50 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) for Q4 2022, worth a combined $189M — up 70% from $111M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new MEGI positions and 10 closed out — a net gain of 6 holders — while 24 added to existing stakes and 8 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $29.3M. The largest seller was Rockefeller Capital Management, cutting an estimated $8.15M.

  • 50 institutional investors held MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) as of Q4 2022, up from 46 in Q3 2022.
  • Funds reported $189M of MainStay CBRE Global Infrastructure Megatrends Term Fund stock for Q4 2022, up 70% quarter-over-quarter.
  • 16 funds opened new MainStay CBRE Global Infrastructure Megatrends Term Fund positions in Q4 2022 and 10 closed out, a net change of +6 holders.
  • The largest MainStay CBRE Global Infrastructure Megatrends Term Fund buyer in Q4 2022 was Saba Capital Management, an estimated $29.3M added.
  • The largest MainStay CBRE Global Infrastructure Megatrends Term Fund seller in Q4 2022 was Rockefeller Capital Management, an estimated $8.15M sold.

Based on aggregated 13F filings for Q4 2022.