MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI
68 hedge funds and large institutions have $245M invested in MainStay CBRE Global Infrastructure Megatrends Term Fund in 2024 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 29 increasing their positions, 13 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
123% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 13
15% more funds holding
Funds holding: 59 → 68 (+9)
3.83% more ownership
Funds ownership: 34.77% → 38.6% (+3.8%)
9% less capital invested
Capital invested by funds: $270M → $245M (-$25.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.27M |
| 2 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$4.45M |
| 3 |
Comerica Bank
Dallas,
Texas
|
+$3.62M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.19M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.41M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
-$268K |
| 3 |
CA
Claro Advisors
Boston,
Massachusetts
|
-$236K |
| 4 |
Corient Private Wealth
Miami,
Florida
|
-$183K |
| 5 |
SC
Savant Capital
Rockford,
Illinois
|
-$164K |
MEGI Hedge Fund Activity: Q4 2024 in Review
68 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) for Q4 2024, worth a combined $245M — down 9.3% from $270M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MEGI positions and 4 closed out — a net gain of 13 holders — while 29 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.27M. The largest seller was Pathstone Holdings, cutting an estimated $1.41M.
- 68 institutional investors held MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) as of Q4 2024, up from 59 in Q3 2024.
- Funds reported $245M of MainStay CBRE Global Infrastructure Megatrends Term Fund stock for Q4 2024, down 9.3% quarter-over-quarter.
- 17 funds opened new MainStay CBRE Global Infrastructure Megatrends Term Fund positions in Q4 2024 and 4 closed out, a net change of +13 holders.
- The largest MainStay CBRE Global Infrastructure Megatrends Term Fund buyer in Q4 2024 was Morgan Stanley, an estimated $5.27M added.
- The largest MainStay CBRE Global Infrastructure Megatrends Term Fund seller in Q4 2024 was Pathstone Holdings, an estimated $1.41M sold.
Based on aggregated 13F filings for Q4 2024.