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)
8.48% less ownership
Funds ownership: 19.86% → 11.38% (-8.5%)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
37% less capital invested
Capital invested by funds: $18.4M → $11.5M (-$6.85M)
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 |
AC
Almitas Capital
Santa Monica,
California
|
-$917K |
| 5 |
SOA
Sea Otter Advisors
Miami,
Florida
|
-$783K |
NXG Hedge Fund Activity: Q1 2024 in Review
28 of the 6,958 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 37% from $18.4M 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 37% 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.