Neuberger Next Generation Connectivity Fund Inc
NBXG
68 hedge funds and large institutions have $293M invested in Neuberger Next Generation Connectivity Fund Inc in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 15 reducing their positions, and 5 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 15
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
7% more capital invested
Capital invested by funds: $273M → $293M (+$19.9M)
6% more funds holding
Funds holding: 64 → 68 (+4)
0.81% more ownership
Funds ownership: 33.3% → 34.11% (+0.81%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.94M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.12M |
| 3 |
Morgan Stanley
New York
|
+$1.45M |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
+$1.06M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$937K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.33M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.09M |
| 3 |
QC
Quantedge Capital
Singapore
|
-$1.46M |
| 4 |
Millennium Management
New York
|
-$663K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$580K |
NBXG Hedge Fund Activity: Q2 2023 in Review
68 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Neuberger Next Generation Connectivity Fund Inc (NBXG) for Q2 2023, worth a combined $293M — up 7.3% from $273M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NBXG positions and 5 closed out — a net gain of 4 holders — while 31 added to existing stakes and 15 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.94M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $3.33M sold.
- 68 institutional investors held Neuberger Next Generation Connectivity Fund Inc (NBXG) as of Q2 2023, up from 64 in Q1 2023.
- Funds reported $293M of Neuberger Next Generation Connectivity Fund Inc stock for Q2 2023, up 7.3% quarter-over-quarter.
- 9 funds opened new Neuberger Next Generation Connectivity Fund Inc positions in Q2 2023 and 5 closed out, a net change of +4 holders.
- The largest Neuberger Next Generation Connectivity Fund Inc buyer in Q2 2023 was Karpus Investment Management, an estimated $2.94M added.
- The largest Neuberger Next Generation Connectivity Fund Inc seller in Q2 2023 was Wolverine Asset Management, an estimated $3.33M sold.
Based on aggregated 13F filings for Q2 2023.