Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

NEUBERGER NEXT GENERATION (NBXG)

92 + Investors. Track Smart Money conviction in NBXG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +15
Streak
3Q ▲
Buyers last Q
67%

Smart Money Signals — NBXG

Based on 92 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added NBXG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
92 hedge funds hold NBXG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+13 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 67% buying

59 buying29 selling
Last quarter: 59 funds were net buyers (24 opened a brand new position + 35 added to an existing one). Only 29 were sellers (20 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+13 vs last Q)

new funds entering per quarter
Funds opening a new NBXG position: 7 → 14 → 11 → 24. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

51% of holders stayed for 2+ years

■ 51% conviction (2yr+) ■ 20% medium ■ 29% new
47 out of 92 hedge funds have held NBXG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

18 → 7 → 14 → 11 → 24 new funds/Q
New funds entering each quarter: 7 → 14 → 11 → 24. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 55% of holders stayed 2+ years

■ 55% veterans ■ 12% 1-2yr ■ 33% new
Of 92 current holders: 51 (55%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
11 of 92 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: NBXG

How many hedge funds hold NBXG — quarterly history vs. share price
Quarterly hedge fund ownership of NBXG vs. share price

Market Analysis: NBXG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NBXG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 0 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: NBXG
2026 Q1 Stats Unlock in 10 days 92 + Investors

Track Smart Money conviction in NBXG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 92 77 19.48%
13F Shares 28M 31M -7.19%
Total Value $412M $472M -12.78%
New Positions 24 11 +13
Increased Positions 35 31 +4
Closed Positions 9 10 -1
Reduced Positions 20 21 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NBXG

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

92 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NBXG. Verified SEC 13F-HR filings.

Top 25 institutional holders of NBXG — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Altium Capital Management LLC 6.27% 204,562 $2.6M
2 Bulldog Investors, LLP 3.38% 1,169,731 $15.1M
3 Z3 Capital Partners, LLC 2.33% 672,039 $9.7M
4 CORRADO ADVISORS, LLC 0.72% 107,614 $1.4M
5 Matisse Capital 0.71% 129,790 $1.7M
6 Noble Wealth Management PBC 0.27% 41,586 $535K
7 Beverly Hills Private Wealth, LLC 0.26% 119,258 $1.5M
8 DECISION INVESTMENTS, INC 0.23% 16,040 $206K
9 Investment Management Trust, LLC 0.22% 17,317 $223K
10 Advisory Advocates, LLC 0.21% 14,360 $207K
11 ACCREDITED INVESTOR SERVICES, LLC 0.15% 17,648 $227K
12 Cornerstone Wealth Management, LLC 0.09% 136,858 $1.8M
13 EVOLVE PRIVATE WEALTH, LLC 0.08% 111,907 $1.4M
14 Claro Advisors Inc. 0.07% 47,700 $614K
15 WOLVERINE ASSET MANAGEMENT LLC 0.04% 353,356 $4.5M
16 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.04% 26,536 $342K
17 FLAGSHIP HARBOR ADVISORS, LLC 0.03% 58,001 $746K
18 KINGSWOOD WEALTH ADVISORS, LLC 0.03% 48,374 $623K
19 Dakota Wealth Management 0.02% 64,195 $826K
20 Activest Wealth Management 0.02% 7,500 $97K
21 Sovran Advisors, LLC 0.02% 13,975 $204K
22 WPG Advisers, LLC 0.01% 1,406 $18K
23 Private Advisor Group, LLC 0.01% 171,475 $2.2M
24 OPPENHEIMER & CO INC 0.01% 65,157 $839K
25 Stratos Wealth Advisors, LLC 0.01% 11,500 $148K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — NEUBERGER NEXT GENERATION (NBXG)

What does the Smart Money Trend signal show for NBXG?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added NBXG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NBXG?

More buyers than sellers — 67% buying: Last quarter: 59 funds were net buyers (24 opened a brand new position + 35 added to an existing one). Only 29 were sellers (20 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NBXG holders?

Strong quality — 35% AUM from major funds: 11 of 92 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held NBXG?

51% of holders stayed for 2+ years: 47 out of 92 hedge funds have held NBXG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.