Vault-13

NEUBERGER BERMAN NEXT GENERA NBXG

COMMON STOCK · Closed-End Fund · CUSIP 64133Q108

73 institutional holders -7 vs Q1 2024
27,657,66027.7m shares reported held*
$357.0mreported value*
10 new 24 added 26 reduced 18 sold out net sold ≈ $89.6m (-6.9m 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 ≈ $12.91.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 60Q4 22: 66Q1 23: 64Q2 23: 69Q3 23: 72Q4 23: 79Q1 24: 80Q2 24: 7373Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202260
Q4 202266
Q1 202364
Q2 202369
Q3 202372
Q4 202379
Q1 202480
Q2 202473

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 38 bought or addedQ4 22: 27 cut or sold outQ4 22Q1 23: 35 bought or addedQ1 23: 25 cut or sold outQ2 23: 38 bought or addedQ2 23: 20 cut or sold outQ2 23Q3 23: 41 bought or addedQ3 23: 23 cut or sold outQ4 23: 50 bought or addedQ4 23: 18 cut or sold outQ4 23Q1 24: 45 bought or addedQ1 24: 34 cut or sold outQ2 24: 34 bought or addedQ2 24: 44 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223827
Q1 20233525
Q2 20233820
Q3 20234123
Q4 20235018
Q1 20244534
Q2 20243444

Biggest buyers

Saba Capital Management, L.P. Added +1,487,123+1.5m
LAZARD ASSET MANAGEMENT LLC Added +630,375+630.4k
SIT INVESTMENT ASSOCIATES INC New +588,425+588.4k
Atlas Wealth LLC New +469,488+469.5k
WELLS FARGO & COMPANY/MN Added +106,460+106.5k
Thomas J. Herzfeld Advisors, Inc. Added +82,993+83.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +70,710+70.7k
COHEN & STEERS, INC. New +70,000+70.0k
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC New +60,796+60.8k
TRUIST FINANCIAL CORP New +29,728+29.7k

Biggest sellers

MORGAN STANLEY Reduced -7,051,815-7.1m
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Reduced -1,007,340-1.0m
1607 Capital Partners, LLC Reduced -697,304-697.3k
Karpus Management, Inc. Reduced -414,571-414.6k
Alpine Global Management, LLC Reduced -235,000-235.0k
Bulldog Investors, LLP Reduced -186,585-186.6k
Cornerstone Advisors, LLC Sold out -160,695-160.7k
Quantedge Capital Pte Ltd Reduced -123,480-123.5k
Qube Research & Technologies Ltd Sold out -99,671-99.7k
Allspring Global Investments Holdings, LLC Reduced -98,628-98.6k

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 in Q2 2024

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 in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 1.60% of their portfolio NEW YORK, NY 5,630,4625.6m $72.7m $72.7m 1.60% Added +1.5m +1,487,123
2 Karpus Management, Inc. 1.37% of their portfolio Pittsford, NY 3,763,3163.8m $48.6m $48.6m 1.37% Reduced -414.6k -414,571
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,381,7623.4m $43.7m $43.7m 0.00% Reduced -7.1m -7,051,815
4 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 3.04% of their portfolio London, X0 2,757,3432.8m $35.6m $35.6m 3.04% Reduced -1.0m -1,007,340
5 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 2,600,7492.6m $33.6m $33.6m 0.04% Added +630.4k +630,375
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,242,5161.2m $16.0m $16.0m 0.00% Reduced -5.2k -5,209
7 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,191,0391.2m $15.4m $15.4m 0.00% Added +106.5k +106,460
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 675,705675.7k $8.7m $8.7m 0.00% Reduced -39.3k -39,256
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 600,383600.4k $7.8m $7.8m 0.00% Reduced -68.3k -68,269
10 SIT INVESTMENT ASSOCIATES INC 0.17% of their portfolio Minneapolis, MN 588,425588.4k $7.6m $7.6m 0.17% New
11 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 477,531477.5k $6.2m $6.2m 0.01% Added +3.9k +3,892
12 Atlas Wealth LLC 0.72% of their portfolio CINCINNATI, OH 469,488469.5k $6.1m $6.1m 0.72% New
13 1607 Capital Partners, LLC 0.52% of their portfolio Richmond, VA 451,109451.1k $5.8m $5.8m 0.52% Reduced -697.3k -697,304
14 Bulldog Investors, LLP 2.16% of their portfolio SADDLE BROOK, NJ 447,892447.9k $5.8m $5.8m 2.16% Reduced -186.6k -186,585
15 Thomas J. Herzfeld Advisors, Inc. 1.70% of their portfolio MIAMI BEACH, FL 375,656375.7k $4.8m $4.8m 1.70% Added +83.0k +82,993
16 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 298,802298.8k $3.9m $3.9m 0.01% Reduced -98.6k -98,628
17 Advisors Asset Management, Inc. 0.06% of their portfolio Monument, CO 246,920246.9k $3.2m $3.2m 0.06% Added +5.9k +5,919
18 CORRADO ADVISORS, LLC 1.74% of their portfolio RAMSEY, NJ 208,863208.9k $2.7m $2.7m 1.74% Reduced -22.0k -21,999
19 Quantedge Capital Pte Ltd 0.95% of their portfolio Singapore, U0 203,262203.3k $2.6m $2.6m 0.95% Reduced -123.5k -123,480
20 Matisse Capital 0.89% of their portfolio PORTLAND, OR 140,000140.0k $1.8m $1.8m 0.89% Reduced -20.0k -20,000
21 Beverly Hills Private Wealth, LLC 0.39% of their portfolio BEVERLY HILLS, CA 137,447137.4k $1.8m $1.8m 0.39% Reduced -7.5k -7,542
22 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 130,502130.5k $1.7m $1.7m 0.00% Added +2.0k +2,014
23 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.33% of their portfolio BLUE BELL, PA 122,462122.5k $1.6m $1.6m 0.33% Added +17.3k +17,348
24 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 114,451114.5k $1.5m $1.5m 0.00% Added +70.7k +70,710
25 Cornerstone Wealth Management, LLC 0.10% of their portfolio ST. PETERS, MO 103,042103.0k $1.3m $1.3m 0.10% Added +3.4k +3,438
26 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 97,26697.3k $1.3m $1.3m 0.01% Reduced -2.4k -2,350
27 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 87,79587.8k $1.1m $1.1m 0.00% Reduced -15.5k -15,535
28 Dakota Wealth Management 0.03% of their portfolio PALM BEACH GARDENS, FL 84,21784.2k $1.1m $1.1m 0.03% Reduced -1.5k -1,487
29 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 82,91882.9k $1.1m $1.1m 0.00% Added +9.0k +8,988
30 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 75,39075.4k $973.3k $973.3k 0.02% Added +15.2k +15,212
31 Claro Advisors Inc. 0.14% of their portfolio BOSTON, MA 70,17970.2k $906.0k $906.0k 0.14% Added +15.8k +15,796
32 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 70,00070.0k $904.0k $904.0k 0.00% New
33 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 66,89966.9k $782.7k $782.7k 0.01% First filing
34 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 66,79766.8k $862.4k $862.4k 0.00% Reduced -1.3k -1,329
35 Alpine Global Management, LLC 0.15% of their portfolio NEW YORK, NY 65,00065.0k $839.1k $839.1k 0.15% Reduced -235.0k -235,000
36 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.28% of their portfolio LEAWOOD, KS 60,79660.8k $784.9k $784.9k 0.28% New
37 Concorde Asset Management, LLC 0.32% of their portfolio ANN ARBOR, MI 40,23040.2k $519.4k $519.4k 0.32% Added +15.6k +15,580
38 AlphaStar Capital Management, LLC 0.04% of their portfolio CORNELIUS, NC 31,27631.3k $403.8k $403.8k 0.04% Added +3.9k +3,939
39 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 29,83229.8k $385.1k $385.1k 0.00% Added +1.2k +1,167
40 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 29,72829.7k $383.8k $383.8k 0.00% New
41 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 28,29428.3k $365.3k $365.3k 0.00% New
42 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 28,27828.3k $365.0k $365.0k 0.00% Added +8.6k +8,596
43 Hilltop Holdings Inc. 0.04% of their portfolio DALLAS, TX 27,98028.0k $361.2k $361.2k 0.04% Reduced -3.2k -3,200
44 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 24,27924.3k $313.4k $313.4k 0.00% Added +3.3k +3,348
45 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 20,12020.1k $259.7k $259.7k 0.00% Reduced -20.1k -20,120
46 FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio BOSTON, MA 20,11620.1k $259.7k $259.7k 0.02% Added +4.4k +4,420
47 Allie Family Office LLC 0.08% of their portfolio MIAMI, FL 20,00020.0k $258.2k $258.2k 0.08% Unchanged
48 CoreCap Advisors, LLC 0.03% of their portfolio SOUTHFIELD, MI 19,00019.0k $245.3k $245.3k 0.03% Added +4.7k +4,700
49 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.04% of their portfolio CONCORD, MA 17,49617.5k $225.9k $225.9k 0.04% Added +4.3k +4,329
50 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 13,92313.9k $179.7k $179.7k 0.01% New
51 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 12,80612.8k $165.0k $165.0k 0.01% Reduced -4.8k -4,817
52 Onyx Bridge Wealth Group LLC 0.03% of their portfolio TARRYTOWN, NY 12,71312.7k $164.1k $164.1k 0.03% Unchanged
53 Ignite Planners, LLC 0.04% of their portfolio SAN CLEMENTE, CA 12,66912.7k $168.5k $168.5k 0.04% Reduced -3.3k -3,319
54 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 12,00012.0k $154.9k $154.9k 0.00% New
55 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 10,99911.0k $142.0k $142.0k 0.00% Added +436 +436
56 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 10,80010.8k $139.4k $139.4k 0.00% Added +5.6k +5,600
57 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 10,69510.7k $138.1k $138.1k 0.00% Unchanged
58 CAROLINAS WEALTH CONSULTING LLC 0.03% of their portfolio CHARLOTTE, NC 10,29510.3k $132.9k $132.9k 0.03% New
59 COMERICA BANK 0.00% of their portfolio DALLAS, TX 10,12210.1k $130.7k $130.7k 0.00% Reduced -4.9k -4,935
60 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,4494.4k $57.4k $57.4k 0.00% Reduced -17.7k -17,709
61 VESTOR CAPITAL, LLC 0.00% of their portfolio CHICAGO, IL 3,7723.8k $49.0k $49.0k 0.00% Unchanged
62 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,0003.0k $39.1k $39.1k 0.00% Reduced -800 -800
63 GABLES CAPITAL MANAGEMENT INC. 0.01% of their portfolio MIAMI, FL 1,4731.5k $19.0k $19.0k 0.01% Unchanged
64 Colonial Trust Co / SC 0.00% of their portfolio SPARTANBURG, SC 1,2501.2k $16.1k $16.1k 0.00% Unchanged
65 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,1701.2k $15.0k $15.0k 0.00% Unchanged
66 Private Wealth Management Group, LLC 0.01% of their portfolio PRINCETON, NJ 1,0001.0k $12.9k $12.9k 0.01% Unchanged
67 Gradient Investments LLC 0.00% of their portfolio ARDEN HILLS, MN 567567 $7.3k $7.3k 0.00% Unchanged
68 CWM, LLC 0.00% of their portfolio OMAHA, NE 426426 $5.0k $5.0k 0.00% Added +126 +126
69 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 324324 $4.2k $4.2k 0.00% Reduced -676 -676
70 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 155155 $2.0k $2.0k 0.00% Unchanged
71 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 3939 $504 $504 0.00% Unchanged
72 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged
73 Activest Wealth Management 0.00% of their portfolio AVENTURA, FL 00 $0 $0 0.00% New