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MEGI

MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI

52 hedge funds and large institutions have $214M invested in MainStay CBRE Global Infrastructure Megatrends Term Fund in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

155% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 11

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

14% more capital invested

Capital invested by funds: $189M → $214M (+$25.5M)

4% more funds holding

Funds holding: 50 → 52 (+2)

2.6% more ownership

Funds ownership: 27.63% → 30.24% (+2.6%)

Holders
52
Holders Change
+2
Holders Change %
+4%
% of All Funds
0.83%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
7
Increased
28
Reduced
11
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$10.1M
2
SCM
Saba Capital Management
New York
+$8.51M
3
WP
Woodline Partners
California
+$3.25M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$808K
5
LSC
Logan Stone Capital
Illinois
+$782K

Top Sellers

Rank Fund Capital Flow
1
WAM
Wolverine Asset Management
Illinois
-$3.81M
2
AC
Almitas Capital
California
-$1.49M
3
WAM
Weiss Asset Management
Massachusetts
-$1.18M
4
RCM
Rivernorth Capital Management
Florida
-$832K
5
Wells Fargo
Wells Fargo
California
-$510K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$52.9M +$10.1M +696,916 +23%
SCM
2
Saba Capital Management
New York
$42.9M +$8.51M +588,847 +24%
KIM
3
Karpus Investment Management
New York
$25.8M +$53.2K +3,682 +0.2%
Bank of America
4
Bank of America
North Carolina
$9.58M +$608K +42,102 +7%
RJA
5
Raymond James & Associates
Florida
$9.55M +$517K +35,759 +6%
PCM
6
Penserra Capital Management
California
$8.56M -$72.4K -5,013 -0.8%
LSC
7
Logan Stone Capital
Illinois
$6.78M +$782K +54,092 +13%
CCP
8
Clough Capital Partners
Massachusetts
$5.86M -$24.6K -1,700 -0.4%
COLIM
9
City of London Investment Management
United Kingdom
$5.21M +$166K +11,453 +3%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$4.65M +$808K +55,927 +21%
Wells Fargo
11
Wells Fargo
California
$4.61M -$510K -35,290 -10%
1CP
12
1607 Capital Partners
Virginia
$3.44M +$14.5K +1,000 +0.4%
WP
13
Woodline Partners
California
$3.2M +$3.25M +225,002 New
SPIA
14
Steward Partners Investment Advisory
New York
$3.18M +$700K +48,436 +28%
QC
15
Quantedge Capital
Singapore
$2.64M +$580K +40,139 +27%
CA
16
Corrado Advisors
New Jersey
$2.47M +$78.2K +5,414 +3%
Cohen & Steers
17
Cohen & Steers
New York
$2.08M – – –
Stifel Financial
18
Stifel Financial
Missouri
$1.87M +$57.2K +3,960 +3%
AAM
19
Advisors Asset Management
Colorado
$1.78M +$485K +33,581 +37%
IFG
20
Independent Financial Group
California
$1.71M +$69K +4,777 +4%
Rockefeller Capital Management
21
Rockefeller Capital Management
New York
$1.7M +$181K +12,502 +12%
AW
22
Atlas Wealth
Ohio
$1.25M -$13.3K -922 -1%
FC
23
FCA Corp
Texas
$1.24M +$79.3K +5,485 +7%
MC
24
Matisse Capital
Oregon
$1.21M +$14.4K +999 +1%
UBS Group
25
UBS Group
Switzerland
$1.16M -$391K -27,042 -25%
1
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MEGI Hedge Fund Activity: Q1 2023 in Review

52 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) for Q1 2023, worth a combined $214M — up 14% from $189M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new MEGI positions and 5 closed out — a net gain of 2 holders — while 28 added to existing stakes and 11 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $10.1M. The largest seller was Wolverine Asset Management, cutting an estimated $3.81M.

  • 52 institutional investors held MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) as of Q1 2023, up from 50 in Q4 2022.
  • Funds reported $214M of MainStay CBRE Global Infrastructure Megatrends Term Fund stock for Q1 2023, up 14% quarter-over-quarter.
  • 7 funds opened new MainStay CBRE Global Infrastructure Megatrends Term Fund positions in Q1 2023 and 5 closed out, a net change of +2 holders.
  • The largest MainStay CBRE Global Infrastructure Megatrends Term Fund buyer in Q1 2023 was Morgan Stanley, an estimated $10.1M added.
  • The largest MainStay CBRE Global Infrastructure Megatrends Term Fund seller in Q1 2023 was Wolverine Asset Management, an estimated $3.81M sold.

Based on aggregated 13F filings for Q1 2023.