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MEGI

MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI

59 hedge funds and large institutions have $270M invested in MainStay CBRE Global Infrastructure Megatrends Term Fund in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more capital invested

Capital invested by funds: $231M → $270M (+$38.3M)

0.04% more ownership

Funds ownership: 34.72% → 34.77% (+0.04%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

3% less funds holding

Funds holding: 61 → 59 (-2)

14% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 21

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Holders
59
Holders Change
-2
Holders Change %
-3.28%
% of All Funds
0.85%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
6
Increased
18
Reduced
21
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PCM
Penserra Capital Management
California
+$3.33M
2
RJA
Raymond James & Associates
Florida
+$1.58M
3
Morgan Stanley
Morgan Stanley
New York
+$1.07M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$940K
5
WAM
Wolverine Asset Management
Illinois
+$525K

Top Sellers

Rank Fund Capital Flow
1
AW
Atlas Wealth
Ohio
-$3.12M
2
AGM
Alpine Global Management
New York
-$1.73M
3
KIM
Karpus Investment Management
New York
-$804K
4
QC
Quantedge Capital
Singapore
-$446K
5
AIA
Absolute Investment Advisers
Florida
-$409K
Name Holding Trade Value Shares
Change 		Change in
Stake
BI
26
Bramshill Investments
Florida
$921K -$106K -7,746 -11%
RJT
27
Raymond James Trust
Florida
$696K +$92.3K +6,746 +17%
WAM
28
Wolverine Asset Management
Illinois
$572K +$525K +38,380 New
LPL Financial
29
LPL Financial
California
$543K +$17.7K +1,292 +4%
OC
30
Oppenheimer & Co
New York
$476K -$34.2K -2,500 -7%
QC
31
Quantedge Capital
Singapore
$431K -$446K -32,600 -53%
Cerity Partners
32
Cerity Partners
New York
$395K -$35K -2,558 -9%
SC
33
Savant Capital
Illinois
$357K +$327K +23,927 New
DWM
34
Dakota Wealth Management
Florida
$347K – – –
FFN
35
Focus Financial Network
Minnesota
$311K +$3.08K +225 +1%
DWP
36
Daymark Wealth Partners
Ohio
$298K – – –
PAG
37
Private Advisor Group
New Jersey
$273K +$2.56K +187 +1%
CIA
38
Capital Investment Advisors
Georgia
$272K +$20.2K +1,475 +9%
Cambridge Investment Research Advisors
39
Cambridge Investment Research Advisors
Iowa
$242K – – –
CA
40
Claro Advisors
Massachusetts
$236K -$42.2K -3,088 -16%
CL
41
Choreo LLC
Illinois
$220K -$38.6K -2,825 -16%
Mariner
42
Mariner
Kansas
$215K -$42K -3,069 -18%
UBS Group
43
UBS Group
Switzerland
$188K -$23.8K -1,740 -12%
Corient Private Wealth
44
Corient Private Wealth
Florida
$183K -$200K -14,623 -54%
SFG
45
Sovereign Financial Group
Connecticut
$157K – – –
PNC Financial Services Group
46
PNC Financial Services Group
Pennsylvania
$154K – – –
XT
47
XTX Topco
Cayman Islands
$151K +$139K +10,151 New
Comerica Bank
48
Comerica Bank
Texas
$132K -$643 -47 -0.5%
CIBC Private Wealth Group
49
CIBC Private Wealth Group
Georgia
$40.3K – – –
GWM
50
Geneos Wealth Management
Colorado
$20.1K +$18.5K +1,349 New
1
2
3

MEGI Hedge Fund Activity: Q3 2024 in Review

59 of the 6,971 institutional investors tracked by Wall St. Rank reported a position in MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) for Q3 2024, worth a combined $270M — up 17% from $231M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of MEGI and 6 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 18 added.

The largest buyer was Penserra Capital Management, adding an estimated $3.33M. The largest seller was Atlas Wealth, exiting entirely with an estimated $3.12M sold.

  • 59 institutional investors held MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) as of Q3 2024, down from 61 in Q2 2024.
  • Funds reported $270M of MainStay CBRE Global Infrastructure Megatrends Term Fund stock for Q3 2024, up 17% quarter-over-quarter.
  • 6 funds opened new MainStay CBRE Global Infrastructure Megatrends Term Fund positions in Q3 2024 and 8 closed out, a net change of -2 holders.
  • The largest MainStay CBRE Global Infrastructure Megatrends Term Fund buyer in Q3 2024 was Penserra Capital Management, an estimated $3.33M added.
  • The largest MainStay CBRE Global Infrastructure Megatrends Term Fund seller in Q3 2024 was Atlas Wealth, an estimated $3.12M sold.

Based on aggregated 13F filings for Q3 2024.