Neuberger Next Generation Connectivity Fund Inc
NBXG
71 hedge funds and large institutions have $282M invested in Neuberger Next Generation Connectivity Fund Inc in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 16 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 16
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
4% more funds holding
Funds holding: 68 → 71 (+3)
0.3% more ownership
Funds ownership: 34.11% → 34.41% (+0.3%)
4% less capital invested
Capital invested by funds: $293M → $282M (-$10.6M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$4.93M |
| 2 |
Morgan Stanley
New York
|
+$4.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.58M |
| 2 |
QC
Quantedge Capital
Singapore
|
-$2.45M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.44M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.97M |
| 5 |
RL
RPO LLC
Stamford,
Connecticut
|
-$1.14M |
NBXG Hedge Fund Activity: Q3 2023 in Review
71 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Neuberger Next Generation Connectivity Fund Inc (NBXG) for Q3 2023, worth a combined $282M — down 3.6% from $293M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NBXG positions and 7 closed out — a net gain of 3 holders — while 32 added to existing stakes and 16 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $4.93M. The largest seller was City of London Investment Management, cutting an estimated $3.58M.
- 71 institutional investors held Neuberger Next Generation Connectivity Fund Inc (NBXG) as of Q3 2023, up from 68 in Q2 2023.
- Funds reported $282M of Neuberger Next Generation Connectivity Fund Inc stock for Q3 2023, down 3.6% quarter-over-quarter.
- 10 funds opened new Neuberger Next Generation Connectivity Fund Inc positions in Q3 2023 and 7 closed out, a net change of +3 holders.
- The largest Neuberger Next Generation Connectivity Fund Inc buyer in Q3 2023 was Lazard Asset Management, an estimated $4.93M added.
- The largest Neuberger Next Generation Connectivity Fund Inc seller in Q3 2023 was City of London Investment Management, an estimated $3.58M sold.
Based on aggregated 13F filings for Q3 2023.