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MEGI

MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI

61 hedge funds and large institutions have $276M invested in MainStay CBRE Global Infrastructure Megatrends Term Fund in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 9

44% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 16

41% more capital invested

Capital invested by funds: $196M → $276M (+$79.6M)

8.82% more ownership

Funds ownership: 32.02% → 40.84% (+8.8%)

7% more funds holding

Funds holding: 57 → 61 (+4)

Holders
61
Holders Change
+4
Holders Change %
+7.02%
% of All Funds
0.89%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
15
Increased
23
Reduced
16
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$41.6M
2
SCM
Saba Capital Management
New York
+$11.5M
3
RJA
Raymond James & Associates
Florida
+$7.28M
4
RJFSA
Raymond James Financial Services Advisors
Florida
+$2.45M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$2.43M

Top Sellers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
-$7.53M
2
LSC
Logan Stone Capital
Illinois
-$3.44M
3
Bank of America
Bank of America
North Carolina
-$3.26M
4
CCP
Clough Capital Partners
Massachusetts
-$2.56M
5
AW
Atlas Wealth
Ohio
-$1.55M
Name Holding Trade Value Shares
Change 		Change in
Stake
LSC
26
Logan Stone Capital
Illinois
$883K -$3.44M -287,014 -81%
UBS Group
27
UBS Group
Switzerland
$784K +$7.12K +594 +1%
Commonwealth Equity Services
28
Commonwealth Equity Services
Massachusetts
$775K +$226K +18,816 +46%
AC
29
Almitas Capital
California
$686K +$633K +52,856 New
CA
30
Claro Advisors
Massachusetts
$654K +$148K +12,348 +32%
OC
31
Oppenheimer & Co
New York
$624K +$18.8K +1,568 +3%
CAPTRUST Financial Advisors
32
CAPTRUST Financial Advisors
North Carolina
$599K +$311K +25,956 +128%
WAM
33
Weiss Asset Management
Massachusetts
$484K +$447K +37,317 New
SPIA
34
Steward Partners Investment Advisory
New York
$469K +$20.7K +1,725 +5%
WS
35
Wedbush Securities
California
$448K +$79.4K +6,625 +24%
WAM
36
Wolverine Asset Management
Illinois
$409K +$377K +31,495 New
QL
37
Quarry LP
New York
$398K -$3.6K -300 -1%
BBPWM
38
Blue Bell Private Wealth Management
Pennsylvania
$373K +$344K +28,699 New
AA
39
AQR Arbitrage
Connecticut
$371K +$343K +28,620 New
KACA
40
Kayne Anderson Capital Advisors
California
$363K – – –
Cerity Partners
41
Cerity Partners
New York
$358K – – –
RJT
42
Raymond James Trust
Florida
$347K +$53.3K +4,450 +20%
DWM
43
Dakota Wealth Management
Florida
$346K -$178K -14,875 -36%
DWP
44
Daymark Wealth Partners
Ohio
$260K – – –
Nomura Holdings
45
Nomura Holdings
Japan
$230K +$212K +17,725 New
KCPG
46
Kavar Capital Partners Group
Kansas
$227K +$210K +17,500 New
LPL Financial
47
LPL Financial
California
$219K -$138K -11,502 -41%
Mariner
48
Mariner
Kansas
$216K -$300 -25 -0.1%
Susquehanna International Group
49
Susquehanna International Group
Pennsylvania
$208K +$192K +16,011 New
FFN
50
Focus Financial Network
Minnesota
$208K +$23.2K +1,937 +14%
1
2
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MEGI Hedge Fund Activity: Q4 2023 in Review

61 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) for Q4 2023, worth a combined $276M — up 41% from $196M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new MEGI positions and 9 closed out — a net gain of 6 holders — while 23 added to existing stakes and 16 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $41.6M. The largest seller was Karpus Investment Management, cutting an estimated $7.53M.

  • 61 institutional investors held MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) as of Q4 2023, up from 57 in Q3 2023.
  • Funds reported $276M of MainStay CBRE Global Infrastructure Megatrends Term Fund stock for Q4 2023, up 41% quarter-over-quarter.
  • 15 funds opened new MainStay CBRE Global Infrastructure Megatrends Term Fund positions in Q4 2023 and 9 closed out, a net change of +6 holders.
  • The largest MainStay CBRE Global Infrastructure Megatrends Term Fund buyer in Q4 2023 was Morgan Stanley, an estimated $41.6M added.
  • The largest MainStay CBRE Global Infrastructure Megatrends Term Fund seller in Q4 2023 was Karpus Investment Management, an estimated $7.53M sold.

Based on aggregated 13F filings for Q4 2023.