Neuberger Next Generation Connectivity Fund Inc
NBXG
79 hedge funds and large institutions have $322M invested in Neuberger Next Generation Connectivity Fund Inc in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 14 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 21
1% more funds holding
Funds holding: 78 → 79 (+1)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4.64% less ownership
Funds ownership: 39.44% → 34.81% (-4.6%)
5% less capital invested
Capital invested by funds: $340M → $322M (-$17.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.03M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.02M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$766K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$753K |
| 5 |
BHPW
Beverly Hills Private Wealth
Beverly Hills,
California
|
+$739K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$31.9M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$11M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.58M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.34M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.33M |
NBXG Hedge Fund Activity: Q1 2024 in Review
79 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Neuberger Next Generation Connectivity Fund Inc (NBXG) for Q1 2024, worth a combined $322M — down 5.1% from $340M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NBXG positions and 14 closed out — a net gain of 1 holder — while 29 added to existing stakes and 21 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $4.03M. The largest seller was Morgan Stanley, cutting an estimated $31.9M.
- 79 institutional investors held Neuberger Next Generation Connectivity Fund Inc (NBXG) as of Q1 2024, up from 78 in Q4 2023.
- Funds reported $322M of Neuberger Next Generation Connectivity Fund Inc stock for Q1 2024, down 5.1% quarter-over-quarter.
- 15 funds opened new Neuberger Next Generation Connectivity Fund Inc positions in Q1 2024 and 14 closed out, a net change of +1 holder.
- The largest Neuberger Next Generation Connectivity Fund Inc buyer in Q1 2024 was Karpus Investment Management, an estimated $4.03M added.
- The largest Neuberger Next Generation Connectivity Fund Inc seller in Q1 2024 was Morgan Stanley, an estimated $31.9M sold.
Based on aggregated 13F filings for Q1 2024.