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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
Cambridge Investment Research Advisors
51
Cambridge Investment Research Advisors
Iowa
$201K – – –
CIA
52
Capital Investment Advisors
Georgia
$159K +$18K +1,500 +14%
CAS
53
CTC Alternative Strategies
Illinois
$151K +$139K +11,616 New
BTIM
54
BancFirst Trust & Investment Management
Oklahoma
$137K +$126K +10,500 New
SFG
55
Sovereign Financial Group
Connecticut
$137K +$126K +10,548 New
PNC Financial Services Group
56
PNC Financial Services Group
Pennsylvania
$134K -$312K -26,040 -72%
Osaic Holdings
57
Osaic Holdings
Arizona
$89.5K -$7.2K -601 -8%
Comerica Bank
58
Comerica Bank
Texas
$47.9K -$90.7K -7,567 -67%
FWM
59
Focused Wealth Management
New York
$6.7K +$192 +16 +3%
ANBT
60
American National Bank & Trust
Texas
$5.46K +$5.05K +421 New
AA
61
Ancora Advisors
Ohio
$973 – – –
AW
62
Atlas Wealth
Ohio
– -$1.55M -131,613 Closed
RCM
63
Rivernorth Capital Management
Florida
– -$1.43M -121,191 Closed
Lazard Asset Management
64
Lazard Asset Management
New York
– -$702K -59,631 Closed
BlackRock
65
BlackRock
New York
– -$295K -25,000 Closed
PAS
66
Park Avenue Securities
New York
– -$131K -11,088 Closed
JP Morgan Chase
67
JP Morgan Chase
New York
– -$127K -10,750 Closed
PAG
68
Private Advisor Group
New Jersey
– -$118K -10,026 Closed
CSPIA
69
Cary Street Partners Investment Advisory
Virginia
– -$14.7K -1,250 Closed
NS
70
NBC Securities
Alabama
– -$8K -762 Closed
1 2
3

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.