NXG NextGen Infrastructure Income Fund
NXG
30 hedge funds and large institutions have $31.9M invested in NXG NextGen Infrastructure Income Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 5 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
48% more capital invested
Capital invested by funds: $21.6M → $31.9M (+$10.3M)
2.78% more ownership
Funds ownership: 4.9% → 7.69% (+2.8%)
6% less funds holding
Funds holding: 32 → 30 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$9.16M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.68M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.59M |
| 4 |
Morgan Stanley
New York
|
+$1.39M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$804K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.86M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.31M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.25M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$830K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$230K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $25K | +$25.7K | +475 | New |
|
|
27
Bank of America
Charlotte,
North Carolina
| $24K | -$830K | -15,375 | -97% |
|
|
GAM
28
Gemmer Asset Management
Walnut Creek,
California
| $11K | +$6.75K | +125 | +167% |
|
|
PFGIA
29
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $8K | – | – | – |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $4K | – | – | – |
|
|
WAM
31
Weiss Asset Management
Boston,
Massachusetts
| – | -$1.31M | -23,188 | Closed |
|
|
32
BNP Paribas Financial Markets
Paris,
France
| – | -$1.25M | -22,100 | Closed |
|
|
6M
33
6 Meridian
Wichita,
Kansas
| – | -$176K | -3,118 | Closed |
|
34
Ameriprise
Minneapolis,
Minnesota
| – | -$141K | -2,502 | Closed |
|
|
BWM
35
Baystate Wealth Management
Boston,
Massachusetts
| – | -$17K | -301 | Closed |
|
NXG Hedge Fund Activity: Q3 2019 in Review
30 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in NXG NextGen Infrastructure Income Fund (NXG) for Q3 2019, worth a combined $31.9M — up 48% from $21.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NXG and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 15 added.
The largest buyer was Sit Investment Associates, adding an estimated $9.16M. The largest seller was Advisors Asset Management, cutting an estimated $1.86M.
- 30 institutional investors held NXG NextGen Infrastructure Income Fund (NXG) as of Q3 2019, down from 32 in Q2 2019.
- Funds reported $31.9M of NXG NextGen Infrastructure Income Fund stock for Q3 2019, up 48% quarter-over-quarter.
- 3 funds opened new NXG NextGen Infrastructure Income Fund positions in Q3 2019 and 5 closed out, a net change of -2 holders.
- The largest NXG NextGen Infrastructure Income Fund buyer in Q3 2019 was Sit Investment Associates, an estimated $9.16M added.
- The largest NXG NextGen Infrastructure Income Fund seller in Q3 2019 was Advisors Asset Management, an estimated $1.86M sold.
Based on aggregated 13F filings for Q3 2019.