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NBXG

Neuberger Next Generation Connectivity Fund Inc
NBXG

71 hedge funds and large institutions have $357M invested in Neuberger Next Generation Connectivity Fund Inc in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 26 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more capital invested

Capital invested by funds: $322M → $357M (+$34.8M)

0.3% more ownership

Funds ownership: 34.81% → 35.1% (+0.3%)

8% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 26

10% less funds holding

Funds holding: 79 → 71 (-8)

33% less funds holding in top 10

Funds holding in top 10: 3 → 2 (-1)

44% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 18

Holders
71
Holders Change
-8
Holders Change %
-10.13%
% of All Funds
1.03%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
10
Increased
24
Reduced
26
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$18M
2
Lazard Asset Management
Lazard Asset Management
New York
+$7.61M
3
SIA
Sit Investment Associates
Minnesota
+$7.1M
4
AW
Atlas Wealth
Ohio
+$5.67M
5
Wells Fargo
Wells Fargo
California
+$1.29M

Top Sellers

Rank Fund Capital Flow
1
COLIM
City of London Investment Management
United Kingdom
-$12.2M
2
1CP
1607 Capital Partners
Virginia
-$8.42M
3
KIM
Karpus Investment Management
New York
-$5M
4
BI
Bulldog Investors
New Jersey
-$2.25M
5
CA
Cornerstone Advisors
North Carolina
-$1.89M
Name Holding Trade Value Shares
Change 		Change in
Stake
PAG
26
Private Advisor Group
New Jersey
$1.26M -$28.4K -2,350 -2%
PNC Financial Services Group
27
PNC Financial Services Group
Pennsylvania
$1.13M -$188K -15,535 -15%
DWM
28
Dakota Wealth Management
Florida
$1.09M -$18K -1,487 -2%
RJA
29
Raymond James & Associates
Florida
$1.07M +$109K +8,988 +12%
OC
30
Oppenheimer & Co
New York
$973K +$184K +15,212 +25%
CA
31
Claro Advisors
Massachusetts
$906K +$191K +15,796 +29%
Cohen & Steers
32
Cohen & Steers
New York
$904K +$845K +70,000 New
LPL Financial
33
LPL Financial
California
$862K -$16K -1,329 -2%
AGM
34
Alpine Global Management
New York
$839K -$1.03M -85,000 -57%
PIWA
35
Prevail Innovative Wealth Advisors
Kansas
$785K +$734K +60,796 New
SA
36
Sanctuary Advisors
Indiana
$783K +$808K +66,899 New
CAM
37
Concorde Asset Management
Michigan
$519K +$188K +15,580 +63%
ACM
38
AlphaStar Capital Management
North Carolina
$404K +$47.6K +3,939 +14%
Corient Private Wealth
39
Corient Private Wealth
Florida
$385K +$14.1K +1,167 +4%
Truist Financial
40
Truist Financial
North Carolina
$384K +$359K +29,728 New
Rockefeller Capital Management
41
Rockefeller Capital Management
New York
$365K +$342K +28,294 New
Commonwealth Equity Services
42
Commonwealth Equity Services
Massachusetts
$365K +$104K +8,596 +44%
HH
43
Hilltop Holdings
Texas
$361K -$38.6K -3,200 -10%
NA
44
NewEdge Advisors
Louisiana
$313K +$40.4K +3,348 +16%
Millennium Management
45
Millennium Management
New York
$260K -$243K -20,120 -50%
FHA
46
Flagship Harbor Advisors
Massachusetts
$260K +$53.4K +4,420 +28%
CA
47
CoreCap Advisors
Michigan
$245K +$56.7K +4,700 +33%
BCA
48
Bay Colony Advisors
Massachusetts
$226K +$52.3K +4,329 +33%
PI
49
PFG Investments
New York
$180K +$168K +13,923 New
IP
50
Ignite Planners
California
$168K -$40.1K -3,319 -21%
1
2
3 4

NBXG Hedge Fund Activity: Q2 2024 in Review

71 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Neuberger Next Generation Connectivity Fund Inc (NBXG) for Q2 2024, worth a combined $357M — up 11% from $322M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of NBXG and 10 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 24 added.

The largest buyer was Saba Capital Management, adding an estimated $18M. The largest seller was City of London Investment Management, cutting an estimated $12.2M.

  • 71 institutional investors held Neuberger Next Generation Connectivity Fund Inc (NBXG) as of Q2 2024, down from 79 in Q1 2024.
  • Funds reported $357M of Neuberger Next Generation Connectivity Fund Inc stock for Q2 2024, up 11% quarter-over-quarter.
  • 10 funds opened new Neuberger Next Generation Connectivity Fund Inc positions in Q2 2024 and 18 closed out, a net change of -8 holders.
  • The largest Neuberger Next Generation Connectivity Fund Inc buyer in Q2 2024 was Saba Capital Management, an estimated $18M added.
  • The largest Neuberger Next Generation Connectivity Fund Inc seller in Q2 2024 was City of London Investment Management, an estimated $12.2M sold.

Based on aggregated 13F filings for Q2 2024.