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NBXG

Neuberger Next Generation Connectivity Fund Inc

78 hedge funds and large institutions have $340M invested in Neuberger Next Generation Connectivity Fund Inc in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

227% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 11

114% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 7

20% more capital invested

Capital invested by funds: $282M → $340M (+$57.2M)

10% more funds holding

Funds holding: 7178 (+7)

5.03% more ownership

Funds ownership: 34.41%39.44% (+5%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
78
Holders Change
+7
Holders Change %
+9.86%
% of All Funds
1.14%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
15
Increased
36
Reduced
11
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$68.3M +$33.5M +3,216,535 +106%
SCM
2
Saba Capital Management
New York
$45.3M +$1.94M +186,457 +5%
COLIM
3
City of London Investment Management
United Kingdom
$43.6M +$2.37M +227,011 +6%
KIM
4
Karpus Investment Management
New York
$41.8M +$1.39M +133,332 +4%
Lazard Asset Management
5
Lazard Asset Management
New York
$21.5M
UBS Group
6
UBS Group
Switzerland
$13.1M -$842K -80,804 -6%
CA
7
Cornerstone Advisors
North Carolina
$12.2M +$441K +42,268 +4%
1CP
8
1607 Capital Partners
Virginia
$11.8M +$1.15M +110,446 +11%
Wells Fargo
9
Wells Fargo
California
$11.2M +$150K +14,368 +1%
Bank of America
10
Bank of America
North Carolina
$7.88M -$2.73M -261,881 -27%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$7.12M +$1.15M +110,097 +20%
BI
12
Bulldog Investors
New Jersey
$6.96M +$520K +49,931 +9%
Allspring Global Investments
13
Allspring Global Investments
North Carolina
$4.95M +$1.47M +140,773 +45%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$4.46M +$718K +68,865 +20%
QC
15
Quantedge Capital
Singapore
$4.41M +$380K +36,500 +10%
AAM
16
Advisors Asset Management
Colorado
$3.9M +$122K +11,694 +3%
TJHA
17
Thomas J. Herzfeld Advisors
Florida
$3.01M +$752K +72,111 +35%
CA
18
Corrado Advisors
New Jersey
$2.97M -$28.1K -2,699 -1%
MC
19
Matisse Capital
Oregon
$1.75M
AGM
20
Alpine Global Management
New York
$1.44M +$795K +76,221 +138%
WAM
21
Wolverine Asset Management
Illinois
$1.34M +$1.28M +122,885 New
Stifel Financial
22
Stifel Financial
Missouri
$1.32M +$482K +46,262 +62%
Millennium Management
23
Millennium Management
New York
$1.28M +$417K +40,015 +52%
PAG
24
Private Advisor Group
New Jersey
$1.1M +$62.3K +5,975 +6%
Qube Research & Technologies (QRT)
25
Qube Research & Technologies (QRT)
United Kingdom
$1.09M

NBXG Hedge Fund Activity: Q4 2023 in Review

78 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Neuberger Next Generation Connectivity Fund Inc (NBXG) for Q4 2023, worth a combined $340M — up 20% from $282M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new NBXG positions and 7 closed out — a net gain of 8 holders — while 36 added to existing stakes and 11 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $33.5M. The largest seller was Atlas Wealth, exiting entirely with an estimated $4.19M sold.

  • 78 institutional investors held Neuberger Next Generation Connectivity Fund Inc (NBXG) as of Q4 2023, up from 71 in Q3 2023.
  • Funds reported $340M of Neuberger Next Generation Connectivity Fund Inc stock for Q4 2023, up 20% quarter-over-quarter.
  • 15 funds opened new Neuberger Next Generation Connectivity Fund Inc positions in Q4 2023 and 7 closed out, a net change of +8 holders.
  • The largest Neuberger Next Generation Connectivity Fund Inc buyer in Q4 2023 was Morgan Stanley, an estimated $33.5M added.
  • The largest Neuberger Next Generation Connectivity Fund Inc seller in Q4 2023 was Atlas Wealth, an estimated $4.19M sold.

Based on aggregated 13F filings for Q4 2023.