Neuberger Next Generation Connectivity Fund Inc
NBXG
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.
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: 71 → 78 (+7)
5.03% more ownership
Funds ownership: 34.41% → 39.44% (+5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$33.5M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.37M |
| 3 |
SCM
Saba Capital Management
New York
|
+$1.94M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.47M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$4.19M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.73M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$2.57M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$842K |
| 5 |
BHPW
Beverly Hills Private Wealth
Beverly Hills,
California
|
-$759K |
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.