NYLIM CBRE Global Infrastructure Megatrends Term Fund
MEGI
58 hedge funds and large institutions have $218M invested in NYLIM CBRE Global Infrastructure Megatrends Term Fund in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 16 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
0.27% less ownership
Funds ownership: 33.66% → 33.39% (-0.27%)
4% less capital invested
Capital invested by funds: $227M → $218M (-$8.96M)
5% less funds holding
Funds holding: 61 → 58 (-3)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.75M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.67M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.37M |
| 5 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.42M |
| 2 |
Morgan Stanley
New York
|
-$1.88M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.11M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1M |
MEGI Hedge Fund Activity: Q1 2024 in Review
58 of the 6,962 institutional investors tracked by Wall St. Rank reported a position in NYLIM CBRE Global Infrastructure Megatrends Term Fund (MEGI) for Q1 2024, worth a combined $218M — down 3.9% from $227M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of MEGI and 13 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 25 added.
The largest buyer was Raymond James & Associates, adding an estimated $2.9M. The largest seller was City of London Investment Management, cutting an estimated $3.42M.
- 58 institutional investors held NYLIM CBRE Global Infrastructure Megatrends Term Fund (MEGI) as of Q1 2024, down from 61 in Q4 2023.
- Funds reported $218M of NYLIM CBRE Global Infrastructure Megatrends Term Fund stock for Q1 2024, down 3.9% quarter-over-quarter.
- 13 funds opened new NYLIM CBRE Global Infrastructure Megatrends Term Fund positions in Q1 2024 and 16 closed out, a net change of -3 holders.
- The largest NYLIM CBRE Global Infrastructure Megatrends Term Fund buyer in Q1 2024 was Raymond James & Associates, an estimated $2.9M added.
- The largest NYLIM CBRE Global Infrastructure Megatrends Term Fund seller in Q1 2024 was City of London Investment Management, an estimated $3.42M sold.
Based on aggregated 13F filings for Q1 2024.