Neuberger Next Generation Connectivity Fund Inc
NBXG
71 hedge funds and large institutions have $356M invested in Neuberger Next Generation Connectivity Fund Inc in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 7 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
0.16% more ownership
Funds ownership: 35.1% → 35.26% (+0.16%)
0% more funds holding
Funds holding: 71 → 71 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0% less capital invested
Capital invested by funds: $357M → $356M (-$578K)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$12.2M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.64M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4.16M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.05M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$10.8M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$6.11M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.16M |
| 4 |
Lazard Asset Management
New York
|
-$1.5M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.49M |
NBXG Hedge Fund Activity: Q3 2024 in Review
71 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Neuberger Next Generation Connectivity Fund Inc (NBXG) for Q3 2024, worth a combined $356M — down 0.16% from $357M a quarter earlier.
Fund positioning in NBXG was balanced in Q3 2024: 7 funds opened new positions, 7 closed out, 28 added to existing stakes and 27 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $12.2M. The largest seller was City of London Investment Management, cutting an estimated $10.8M.
- 71 institutional investors held Neuberger Next Generation Connectivity Fund Inc (NBXG) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $356M of Neuberger Next Generation Connectivity Fund Inc stock for Q3 2024, down 0.16% quarter-over-quarter.
- 7 funds opened new Neuberger Next Generation Connectivity Fund Inc positions in Q3 2024 and 7 closed out, a net change of 0 holders.
- The largest Neuberger Next Generation Connectivity Fund Inc buyer in Q3 2024 was Saba Capital Management, an estimated $12.2M added.
- The largest Neuberger Next Generation Connectivity Fund Inc seller in Q3 2024 was City of London Investment Management, an estimated $10.8M sold.
Based on aggregated 13F filings for Q3 2024.