Vault-13

NEUBERGER BERMAN NEXT GENERA NBXG

COMMON STOCK · Closed-End Fund · CUSIP 64133Q108

102 institutional holders +10 vs Q1 2026
32,796,17232.8m shares reported held*
$542.3mreported value*
19 new 32 added 29 reduced 11 sold out net bought ≈ $6.3m (+378.0k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $16.54.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 60Q4 22: 66Q1 23: 64Q2 23: 69Q3 23: 72Q4 23: 79Q1 24: 80Q2 24: 73Q3 24: 72Q4 24: 84Q1 25: 79Q2 25: 80Q3 25: 80Q4 25: 98Q1 26: 92Q2 26: 102102Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202260
Q4 202266
Q1 202364
Q2 202369
Q3 202372
Q4 202379
Q1 202480
Q2 202473
Q3 202472
Q4 202484
Q1 202579
Q2 202580
Q3 202580
Q4 202598
Q1 202692
Q2 2026102

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 24: 34 bought or addedQ3 24: 35 cut or sold outQ4 24: 44 bought or addedQ4 24: 34 cut or sold outQ4 24Q1 25: 37 bought or addedQ1 25: 41 cut or sold outQ2 25: 37 bought or addedQ2 25: 39 cut or sold outQ2 25Q3 25: 43 bought or addedQ3 25: 31 cut or sold outQ4 25: 57 bought or addedQ4 25: 31 cut or sold outQ4 25Q1 26: 55 bought or addedQ1 26: 38 cut or sold outQ2 26: 51 bought or addedQ2 26: 40 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243435
Q4 20244434
Q1 20253741
Q2 20253739
Q3 20254331
Q4 20255731
Q1 20265538
Q2 20265140

Biggest buyers

Atlas Wealth LLC New +1,102,724+1.1m
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Added +151,883+151.9k
Allspring Global Investments Holdings, LLC Added +52,410+52.4k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +48,066+48.1k
ROYAL BANK OF CANADA Added +44,278+44.3k
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC Added +42,247+42.2k
XTX Topco Ltd New +38,293+38.3k
1607 Capital Partners, LLC Added +32,047+32.0k
Almitas Capital LLC Added +31,840+31.8k
Cambridge Investment Research Advisors, Inc. New +29,622+29.6k

Biggest sellers

MORGAN STANLEY Reduced -435,108-435.1k
SIT INVESTMENT ASSOCIATES INC Sold out -230,874-230.9k
Private Advisor Group, LLC Reduced -159,663-159.7k
WOLVERINE ASSET MANAGEMENT LLC Reduced -151,217-151.2k
CORRADO ADVISORS, LLC Sold out -107,614-107.6k
UBS Group AG Reduced -91,544-91.5k
Karpus Management, Inc. Reduced -87,923-87.9k
Shaker Financial Services, LLC Sold out -86,744-86.7k
Tidal Investments LLC Reduced -18,990-19.0k
Kestra Advisory Services, LLC Reduced -16,010-16.0k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Saba Capital Management, L.P. 13D · may seek influence +0.2 pts · filed 2025-03-07
Stated purposeOn March 5, 2025, Saba Capital, on behalf of Saba Capital Master Fund, Ltd., sent a letter to the Issuer containing a shareholder proposal under Rule 14a-8 promulgated under the Securities and Exchange Act of 1934, as amended, for presentation to the Issuer's shareholders at the Issuer's 2026 annual meeting of shareholders, asking the Board to take all necessary steps in its power to declassify the Board (such letter, the "Declassification Proposal Letter". The foregoing summary of the Declassification Proposal Letter does not purport to be complete and is qualified in its entirety by reference to the full text of the Declassification Proposal Letter, a copy of which is attached as Exhibit 3 and is incorporated by reference herein. Full filing
 9.7% +0.2 pts 7.6m≈ $126.2m 2025-03-07
MORGAN STANLEY 13G · institution no change · filed 2025-05-06 5.4% no change 4.2m≈ $70.2m 2025-05-06

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 3.82% of their portfolio NEW YORK, NY 7,548,2237.5m $124.8m $124.8m 3.82% Unchanged
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 7,070,1957.1m $116.9m $116.9m 0.01% Reduced -435.1k -435,108
3 Karpus Management, Inc. 1.42% of their portfolio Pittsford, NY 2,981,1773.0m $49.3m $49.3m 1.42% Reduced -87.9k -87,923
4 LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 2,165,1882.2m $35.8m $35.8m 0.05% Unchanged
5 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 1.18% of their portfolio London, X0 1,188,5211.2m $19.7m $19.7m 1.18% Added +151.9k +151,883
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,178,0141.2m $19.5m $19.5m 0.00% Reduced -14.8k -14,850
7 Bulldog Investors, LLP 4.26% of their portfolio SADDLE BROOK, NJ 1,171,9311.2m $19.4m $19.4m 4.26% Added +2.2k +2,200
8 Atlas Wealth LLC 2.60% of their portfolio CINCINNATI, OH 1,102,7241.1m $18.2m $18.2m 2.60% New
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 872,955873.0k $14.4m $14.4m 0.00% Reduced -9.8k -9,816
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 837,226837.2k $13.8m $13.8m 0.00% Reduced -91.5k -91,544
11 Z3 Capital Partners, LLC 2.52% of their portfolio RICHMOND, VA 726,651726.7k $12.0m $12.0m 2.52% Added +22.6k +22,637
12 Penserra Capital Management LLC 0.07% of their portfolio ORINDA, CA 539,246539.2k $8.9m $8.9m 0.07% Added +20.6k +20,569
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 531,087531.1k $8.8m $8.8m 0.00% Added +44.3k +44,278
14 CAPSTONE INVESTMENT ADVISORS, LLC 0.06% of their portfolio NEW YORK, NY 488,681488.7k $8.1m $8.1m 0.06% Unchanged
15 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.89% of their portfolio BLUE BELL, PA 433,728433.7k $7.2m $7.2m 0.89% Added +42.2k +42,247
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 313,549313.5k $5.1m $5.1m 0.01% Added +48.1k +48,066
17 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 283,289283.3k $4.7m $4.7m 0.01% Added +52.4k +52,410
18 Altium Capital Management LLC 7.13% of their portfolio NEW YORK, NY 204,562204.6k $3.4m $3.4m 7.13% Unchanged
19 WOLVERINE ASSET MANAGEMENT LLC 0.04% of their portfolio CHICAGO, IL 202,139202.1k $3.3m $3.3m 0.04% Reduced -151.2k -151,217
20 Quantedge Capital Pte Ltd 2.29% of their portfolio Singapore, U0 182,562182.6k $3.0m $3.0m 2.29% Reduced -11.1k -11,100
21 Advisors Asset Management, Inc. 0.04% of their portfolio Monument, CO 175,399175.4k $2.9m $2.9m 0.04% Added +12.2k +12,153
22 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 168,806168.8k $2.8m $2.8m 0.00% Reduced -1.5k -1,510
23 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 146,507146.5k $2.4m $2.4m 0.00% Added +2.1k +2,124
24 Cornerstone Wealth Management, LLC 0.10% of their portfolio ST. PETERS, MO 141,404141.4k $2.3m $2.3m 0.10% Added +4.5k +4,546
25 Matisse Capital 0.86% of their portfolio PORTLAND, OR 129,790129.8k $2.1m $2.1m 0.86% Unchanged
26 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 123,850123.8k $2.0m $2.0m 0.01% Added +6.5k +6,492
27 Beverly Hills Private Wealth, LLC 0.38% of their portfolio BEVERLY HILLS, CA 119,258119.3k $2.0m $2.0m 0.38% Unchanged
28 EVOLVE PRIVATE WEALTH, LLC 0.11% of their portfolio LOS ANGELES, CA 105,405105.4k $1.7m $1.7m 0.11% Reduced -6.5k -6,502
29 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 100,388100.4k $1.7m $1.7m 0.00% Added +20.1k +20,102
30 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 99,35499.4k $1.6m $1.6m 0.00% Reduced -1.9k -1,871
31 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 90,76590.8k $1.5m $1.5m 0.00% Unchanged
32 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 73,25173.3k $1.2m $1.2m 0.01% Added +8.1k +8,094
33 KINGSWOOD WEALTH ADVISORS, LLC 0.04% of their portfolio SAN DIEGO, CA 66,65366.7k $1.1m $1.1m 0.04% Added +18.3k +18,279
34 1607 Capital Partners, LLC 0.10% of their portfolio Richmond, VA 66,40866.4k $1.1m $1.1m 0.10% Added +32.0k +32,047
35 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 63,26963.3k $1.0m $1.0m 0.00% Added +817 +817
36 Dakota Wealth Management 0.02% of their portfolio PALM BEACH GARDENS, FL 61,73061.7k $1.0m $1.0m 0.02% Reduced -2.5k -2,465
37 Concorde Asset Management, LLC 0.56% of their portfolio ANN ARBOR, MI 58,69058.7k $970.7k $970.7k 0.56% Added +3.3k +3,310
38 FLAGSHIP HARBOR ADVISORS, LLC 0.04% of their portfolio BOSTON, MA 55,74855.7k $922.1k $922.1k 0.04% Reduced -2.3k -2,253
39 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 48,24548.2k $798.0k $798.0k 0.00% Added +1.2k +1,200
40 Almitas Capital LLC 0.17% of their portfolio SANTA MONICA, CA 42,29742.3k $699.6k $699.6k 0.17% Added +31.8k +31,840
41 Closed-End Fund Advisors, Inc. 0.66% of their portfolio RICHMOND, VA 40,99641.0k $678.1k $678.1k 0.66% Added +336 +336
42 Noble Wealth Management PBC 0.30% of their portfolio GREENWOOD VILLAGE, CO 40,37840.4k $667.9k $667.9k 0.30% Reduced -1.2k -1,208
43 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 38,29338.3k $633.4k $633.4k 0.01% New
44 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 37,38437.4k $618.3k $618.3k 0.00% Reduced -2.7k -2,661
45 Claro Advisors Inc. 0.06% of their portfolio BOSTON, MA 34,24134.2k $566.3k $566.3k 0.06% Reduced -13.5k -13,459
46 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 33,86533.9k $560.1k $560.1k 0.00% Reduced -19.0k -18,990
47 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 29,62229.6k $490.0k $490.0k 0.00% New
48 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 28,10328.1k $464.8k $464.8k 0.00% Reduced -166 -166
49 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.05% of their portfolio CONCORD, MA 28,08028.1k $464.4k $464.4k 0.05% Added +1.5k +1,544
50 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio Englewood, NJ 24,57924.6k $406.5k $406.5k 0.03% New
51 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 22,71622.7k $375.7k $375.7k 0.00% New
52 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 20,38620.4k $337.2k $337.2k 0.00% Reduced -5.7k -5,723
53 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 20,31520.3k $336.0k $336.0k 0.00% Reduced -4.2k -4,213
54 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 19,25119.3k $318.4k $318.4k 0.00% New
55 Focus Financial Network, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 18,47218.5k $305.5k $305.5k 0.01% Added +3.8k +3,803
56 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 18,44018.4k $305.0k $305.0k 0.00% Added +12.3k +12,277
57 Advisory Advocates, LLC 0.26% of their portfolio GRAND RAPIDS, MI 18,36018.4k $303.7k $303.7k 0.26% Unchanged
58 ACCREDITED INVESTOR SERVICES, LLC 0.17% of their portfolio ST. CLOUD, MN 18,06918.1k $298.9k $298.9k 0.17% Added +421 +421
59 READYSTATE ASSET MANAGEMENT LP 0.01% of their portfolio CHICAGO, IL 16,56316.6k $274.0k $274.0k 0.01% Added +5.2k +5,184
60 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 16,53316.5k $273.5k $273.5k 0.00% New
61 Investment Management Trust, LLC 0.23% of their portfolio FITCHBURG, MA 15,75715.8k $260.6k $260.6k 0.23% Reduced -1.6k -1,560
62 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 14,10714.1k $233.3k $233.3k 0.00% New
63 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 14,02914.0k $232.0k $232.0k 0.00% Added +3.7k +3,734
64 Sovran Advisors, LLC 0.02% of their portfolio SAN DIEGO, CA 13,97514.0k $203.2k $203.2k 0.02% Unchanged
65 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 13,51413.5k $223.5k $223.5k 0.00% Reduced -10.3k -10,299
66 DECISION INVESTMENTS, INC 0.20% of their portfolio SAN DIEGO, CA 13,43013.4k $222.1k $222.1k 0.20% Reduced -2.6k -2,610
67 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,24613.2k $219.1k $219.1k 0.00% New
68 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 13,04913.0k $215.8k $215.8k 0.00% Added +296 +296
69 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 12,24512.2k $202.5k $202.5k 0.00% Added +50 +50
70 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 11,93611.9k $197.4k $197.4k 0.00% Reduced -16.0k -16,010
71 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 11,81211.8k $195.4k $195.4k 0.00% Reduced -159.7k -159,663
72 Advisory Solutions Group, LLC 0.07% of their portfolio PLYMOUTH, MN 11,80611.8k $195.3k $195.3k 0.07% First filing
73 Stratos Wealth Advisors, LLC 0.01% of their portfolio BEACHWOOD, OH 11,50011.5k $190.2k $190.2k 0.01% Unchanged
74 J.W. COLE ADVISORS, INC. 0.00% of their portfolio TAMPA, FL 11,32211.3k $187.3k $187.3k 0.00% New
75 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 11,03511.0k $182.5k $182.5k 0.00% Reduced -961 -961
76 PRAIRIE ADVISORY, LLC 0.04% of their portfolio LEAWOOD, KS 10,83710.8k $179.2k $179.2k 0.04% First filing
77 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 10,69510.7k $176.9k $176.9k 0.00% Unchanged
78 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 10,45810.5k $173.0k $173.0k 0.00% New
79 AlphaStar Capital Management, LLC 0.01% of their portfolio CORNELIUS, NC 10,39410.4k $171.9k $171.9k 0.01% New
80 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 10,22210.2k $169.1k $169.1k 0.00% Unchanged
81 AMERIFLEX GROUP, INC. 0.07% of their portfolio LAS VEGAS, NV 10,20010.2k $168.7k $168.7k 0.07% Unchanged
82 Advisor Resource Council 0.05% of their portfolio DALLAS, TX 10,03310.0k $162.5k $162.5k 0.05% New
83 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 9,2199.2k $152.5k $152.5k 0.00% First filing
84 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 7,5307.5k $124.5k $124.5k 0.00% New
85 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 4,7614.8k $78.7k $78.7k 0.00% Reduced -125 -125
86 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 4,4744.5k $74.0k $74.0k 0.00% Reduced -156 -156
87 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,5633.6k $58.9k $58.9k 0.00% New
88 Pinnacle Wealth Planning Services, Inc. 0.01% of their portfolio MANSFIELD, OH 3,1963.2k $52.9k $52.9k 0.01% Reduced -1 -1
89 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 2,4722.5k $40.9k $40.9k 0.00% Added +29 +29
90 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 2,0002.0k $33.1k $33.1k 0.00% New
91 Estabrook Capital Management 0.00% of their portfolio NEW YORK, NY 1,8261.8k $30.2k $30.2k 0.00% Added +704 +704
92 GABLES CAPITAL MANAGEMENT INC. 0.01% of their portfolio MIAMI, FL 1,4731.5k $24.4k $24.4k 0.01% Unchanged
93 WPG Advisers, LLC 0.01% of their portfolio BALTIMORE, MD 1,4061.4k $23.3k $23.3k 0.01% Unchanged
94 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1,1501.1k $19.0k $19.0k 0.00% Unchanged
95 WHITTIER TRUST CO OF NEVADA INC 0.00% of their portfolio RENO, NV 1,1261.1k $17.9k $17.9k 0.00% Unchanged
96 IFG Advisory, LLC 0.00% of their portfolio ATLANTA, GA 1,0611.1k $17.5k $17.5k 0.00% New
97 Holos Integrated Wealth LLC 0.00% of their portfolio KENNETT SQUARE, PA 650650 $10.3k $10.3k 0.00% Unchanged
98 MB, LEVIS & ASSOCIATES, LLC 0.00% of their portfolio CENTER VALLEY, PA 440440 $7.3k $7.3k 0.00% New
99 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 212212 $3.5k $3.5k 0.00% Reduced -401 -401
100 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 200200 $3.3k $3.3k 0.00% Added +50 +50