NXG NextGen Infrastructure Income Fund
NXG
23 hedge funds and large institutions have $18.5M invested in NXG NextGen Infrastructure Income Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 6 closing their positions.
3% more capital invested
Capital invested by funds: $18M → $18.5M (+$515K)
0.34% more ownership
Funds ownership: 5.11% → 5.45% (+0.34%)
15% less funds holding
Funds holding: 27 → 23 (-4)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.1M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$624K |
| 3 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$292K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$164K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.37M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$346K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$194K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$187K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$80.1K |
NXG Hedge Fund Activity: Q1 2016 in Review
23 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in NXG NextGen Infrastructure Income Fund (NXG) for Q1 2016, worth a combined $18.5M — up 2.9% from $18M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NXG and 2 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Bulldog Investors, adding an estimated $2.1M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.37M sold.
- 23 institutional investors held NXG NextGen Infrastructure Income Fund (NXG) as of Q1 2016, down from 27 in Q4 2015.
- Funds reported $18.5M of NXG NextGen Infrastructure Income Fund stock for Q1 2016, up 2.9% quarter-over-quarter.
- 2 funds opened new NXG NextGen Infrastructure Income Fund positions in Q1 2016 and 6 closed out, a net change of -4 holders.
- The largest NXG NextGen Infrastructure Income Fund buyer in Q1 2016 was Bulldog Investors, an estimated $2.1M added.
- The largest NXG NextGen Infrastructure Income Fund seller in Q1 2016 was Wolverine Asset Management, an estimated $1.37M sold.
Based on aggregated 13F filings for Q1 2016.