Neuberger Next Generation Connectivity Fund Inc
NBXG
59 hedge funds and large institutions have $199M invested in Neuberger Next Generation Connectivity Fund Inc in 2022 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 11 reducing their positions, and 5 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
209% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 11
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
13% more funds holding
Funds holding: 52 → 59 (+7)
11% more capital invested
Capital invested by funds: $180M → $199M (+$19.6M)
2.68% more ownership
Funds ownership: 24.14% → 26.82% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.97M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.84M |
| 3 |
QC
Quantedge Capital
Singapore
|
+$5.45M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.31M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.07M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.67M |
| 3 |
Morgan Stanley
New York
|
-$1.65M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.18M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.16M |
NBXG Hedge Fund Activity: Q3 2022 in Review
59 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Neuberger Next Generation Connectivity Fund Inc (NBXG) for Q3 2022, worth a combined $199M — up 11% from $180M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NBXG positions and 5 closed out — a net gain of 7 holders — while 34 added to existing stakes and 11 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $7.97M. The largest seller was Thomas J. Herzfeld Advisors, exiting entirely with an estimated $2.07M sold.
- 59 institutional investors held Neuberger Next Generation Connectivity Fund Inc (NBXG) as of Q3 2022, up from 52 in Q2 2022.
- Funds reported $199M of Neuberger Next Generation Connectivity Fund Inc stock for Q3 2022, up 11% quarter-over-quarter.
- 12 funds opened new Neuberger Next Generation Connectivity Fund Inc positions in Q3 2022 and 5 closed out, a net change of +7 holders.
- The largest Neuberger Next Generation Connectivity Fund Inc buyer in Q3 2022 was Saba Capital Management, an estimated $7.97M added.
- The largest Neuberger Next Generation Connectivity Fund Inc seller in Q3 2022 was Thomas J. Herzfeld Advisors, an estimated $2.07M sold.
Based on aggregated 13F filings for Q3 2022.