NXG NextGen Infrastructure Income Fund
NXG
18 hedge funds and large institutions have $20.5M invested in NXG NextGen Infrastructure Income Fund in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 5 closing their positions.
1.1% less ownership
Funds ownership: 5.7% → 4.6% (-1.1%)
14% less capital invested
Capital invested by funds: $24M → $20.5M (-$3.44M)
22% less funds holding
Funds holding: 23 → 18 (-5)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.63M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$147K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$114K |
| 4 |
Morgan Stanley
New York
|
+$95K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$21.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$3.33M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$752K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$619K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$519K |
| 5 |
LCM
Laurion Capital Management
New York
|
-$425K |
NXG Hedge Fund Activity: Q1 2017 in Review
18 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in NXG NextGen Infrastructure Income Fund (NXG) for Q1 2017, worth a combined $20.5M — down 14% from $24M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NXG and 1 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was Icon Advisers, opening a new position worth an estimated $1.63M. The largest seller was Bulldog Investors, cutting an estimated $3.33M.
- 18 institutional investors held NXG NextGen Infrastructure Income Fund (NXG) as of Q1 2017, down from 23 in Q4 2016.
- Funds reported $20.5M of NXG NextGen Infrastructure Income Fund stock for Q1 2017, down 14% quarter-over-quarter.
- 1 fund opened new NXG NextGen Infrastructure Income Fund positions in Q1 2017 and 5 closed out, a net change of -4 holders.
- The largest NXG NextGen Infrastructure Income Fund buyer in Q1 2017 was Icon Advisers, an estimated $1.63M added.
- The largest NXG NextGen Infrastructure Income Fund seller in Q1 2017 was Bulldog Investors, an estimated $3.33M sold.
Based on aggregated 13F filings for Q1 2017.