NXG NextGen Infrastructure Income Fund
NXG
28 hedge funds and large institutions have $11.5M invested in NXG NextGen Infrastructure Income Fund in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 9 closing their positions.
7% less funds holding
Funds holding: 30 → 28 (-2)
9.48% less ownership
Funds ownership: 20.86% → 11.38% (-9.5%)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
40% less capital invested
Capital invested by funds: $19.3M → $11.5M (-$7.78M)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$656K |
| 2 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$316K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$237K |
| 4 |
AGM
Alpine Global Management
New York
|
+$223K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.55M |
| 2 |
ZP
Zimmer Partners
New York
|
-$1.62M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.16M |
| 4 |
Morgan Stanley
New York
|
-$1.05M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$917K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBPWM
26
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $5.44K | -$53.8K | -1,500 | -91% |
|
27
Comerica Bank
Dallas,
Texas
| $4.78K | – | – | – |
|
|
AF
28
Allworth Financial
Folsom,
California
| $3.89K | – | – | – |
|
|
ZP
29
Zimmer Partners
New York
| – | -$1.62M | -45,446 | Closed |
|
|
CCP
30
Clough Capital Partners
Boston,
Massachusetts
| – | -$1.16M | -32,646 | Closed |
|
|
AC
31
Almitas Capital
Santa Monica,
California
| – | -$917K | -25,799 | Closed |
|
|
SOA
32
Sea Otter Advisors
Miami,
Florida
| – | -$783K | -22,045 | Closed |
|
|
SCM
33
Saba Capital Management
New York
| – | -$620K | -17,435 | Closed |
|
34
Pathstone Holdings
Englewood,
New Jersey
| – | -$484K | -13,615 | Closed |
|
|
CL
35
CSS LLC
Chicago,
Illinois
| – | -$298K | -8,397 | Closed |
|
|
QC
36
Quantedge Capital
Singapore
| – | -$276K | -7,774 | Closed |
|
|
QL
37
Quarry LP
New York
| – | -$73K | -2,054 | Closed |
|
NXG Hedge Fund Activity: Q1 2024 in Review
28 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in NXG NextGen Infrastructure Income Fund (NXG) for Q1 2024, worth a combined $11.5M — down 40% from $19.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NXG and 7 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Absolute Investment Advisers, opening a new position worth an estimated $656K. The largest seller was Bulldog Investors, cutting an estimated $2.55M.
- 28 institutional investors held NXG NextGen Infrastructure Income Fund (NXG) as of Q1 2024, down from 30 in Q4 2023.
- Funds reported $11.5M of NXG NextGen Infrastructure Income Fund stock for Q1 2024, down 40% quarter-over-quarter.
- 7 funds opened new NXG NextGen Infrastructure Income Fund positions in Q1 2024 and 9 closed out, a net change of -2 holders.
- The largest NXG NextGen Infrastructure Income Fund buyer in Q1 2024 was Absolute Investment Advisers, an estimated $656K added.
- The largest NXG NextGen Infrastructure Income Fund seller in Q1 2024 was Bulldog Investors, an estimated $2.55M sold.
Based on aggregated 13F filings for Q1 2024.