Neuberger Next Generation Connectivity Fund Inc
NBXG
52 hedge funds and large institutions have $180M invested in Neuberger Next Generation Connectivity Fund Inc in 2022 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
100% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 11
30% more funds holding
Funds holding: 40 → 52 (+12)
5.81% more ownership
Funds ownership: 18.33% → 24.14% (+5.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $191M → $180M (-$11.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$13.3M |
| 2 |
Lazard Asset Management
New York
|
+$7.4M |
| 3 |
SCM
Saba Capital Management
New York
|
+$5.73M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.36M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.96M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$995K |
| 3 |
Morgan Stanley
New York
|
-$988K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$218K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$79.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $3K | +$3.38K | +300 | New |
|
|
CWM
52
Castle Wealth Management
West Palm Beach,
Florida
| $1K | +$1.19K | +106 | New |
|
|
RJA
53
Raymond James & Associates
St Petersburg,
Florida
| – | -$1.96M | -140,776 | Closed |
|
|
CIAS
54
CFS Investment Advisory Services
Totowa,
New Jersey
| – | -$3K | -34,875 | Closed |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -300 | Closed |
|
NBXG Hedge Fund Activity: Q2 2022 in Review
52 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Neuberger Next Generation Connectivity Fund Inc (NBXG) for Q2 2022, worth a combined $180M — down 6% from $191M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NBXG positions and 4 closed out — a net gain of 12 holders — while 22 added to existing stakes and 11 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $13.3M. The largest seller was Raymond James & Associates, exiting entirely with an estimated $1.96M sold.
- 52 institutional investors held Neuberger Next Generation Connectivity Fund Inc (NBXG) as of Q2 2022, up from 40 in Q1 2022.
- Funds reported $180M of Neuberger Next Generation Connectivity Fund Inc stock for Q2 2022, down 6% quarter-over-quarter.
- 16 funds opened new Neuberger Next Generation Connectivity Fund Inc positions in Q2 2022 and 4 closed out, a net change of +12 holders.
- The largest Neuberger Next Generation Connectivity Fund Inc buyer in Q2 2022 was City of London Investment Management, an estimated $13.3M added.
- The largest Neuberger Next Generation Connectivity Fund Inc seller in Q2 2022 was Raymond James & Associates, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2022.