NXG NextGen Infrastructure Income Fund
NXG
24 hedge funds and large institutions have $26.7M invested in NXG NextGen Infrastructure Income Fund in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
0.68% less ownership
Funds ownership: 5.13% → 4.45% (-0.68%)
8% less capital invested
Capital invested by funds: $28.9M → $26.7M (-$2.19M)
11% less funds holding
Funds holding: 27 → 24 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$507K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$480K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$313K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$158K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$67.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.55M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.07M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$584K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$564K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$261K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
YCM
26
Yakira Capital Management
Westport,
Connecticut
| – | -$1.07M | -14,831 | Closed |
|
|
27
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$584K | -8,061 | Closed |
|
|
SKK
28
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$261K | -3,605 | Closed |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$14K | -207 | Closed |
|
|
FANJ
30
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$4K | -50 | Closed |
|
NXG Hedge Fund Activity: Q3 2018 in Review
24 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in NXG NextGen Infrastructure Income Fund (NXG) for Q3 2018, worth a combined $26.7M — down 7.6% from $28.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NXG and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was Invesco, adding an estimated $507K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.55M sold.
- 24 institutional investors held NXG NextGen Infrastructure Income Fund (NXG) as of Q3 2018, down from 27 in Q2 2018.
- Funds reported $26.7M of NXG NextGen Infrastructure Income Fund stock for Q3 2018, down 7.6% quarter-over-quarter.
- 3 funds opened new NXG NextGen Infrastructure Income Fund positions in Q3 2018 and 6 closed out, a net change of -3 holders.
- The largest NXG NextGen Infrastructure Income Fund buyer in Q3 2018 was Invesco, an estimated $507K added.
- The largest NXG NextGen Infrastructure Income Fund seller in Q3 2018 was Rivernorth Capital Management, an estimated $2.55M sold.
Based on aggregated 13F filings for Q3 2018.