Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
6 hedge funds and large institutions have $1.8M invested in Global X MSCI Nigeria ETF in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 4 closing their positions.
11% less capital invested
Capital invested by funds: $2.02M → $1.8M (-$214K)
33% less funds holding
Funds holding: 9 → 6 (-3)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$588K |
| 2 |
FC
FCA Corp
Houston,
Texas
|
+$86.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$273K |
| 2 |
Jane Street
New York
|
-$124K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$105K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$94K |
| 5 |
Morgan Stanley
New York
|
-$75.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COLIM
1
City of London Investment Management
London,
United Kingdom
| $1.36M | +$588K | +24,208 | +77% |
|
|
BCI
2
Brinker Capital Investments
Berwyn,
Pennsylvania
| $299K | -$273K | -11,250 | -48% |
|
|
FC
3
FCA Corp
Houston,
Texas
| $87K | +$86.3K | +3,550 | New |
|
|
CLOS
4
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $41K | – | – | – |
|
|
5
Morgan Stanley
New York
| $18K | -$75.8K | -3,119 | -80% |
|
|
6
Jane Street
New York
| – | -$124K | -4,402 | Closed |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$105K | -3,708 | Closed |
|
|
VKH
8
Virtu KCG Holdings
New York
| – | -$94K | -3,319 | Closed |
|
NGE Hedge Fund Activity: Q1 2016 in Review
6 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q1 2016, worth a combined $1.8M — down 11% from $2.02M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NGE and 1 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was City of London Investment Management, adding an estimated $588K. The largest seller was Brinker Capital Investments, cutting an estimated $273K.
- 6 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q1 2016, down from 9 in Q4 2015.
- Funds reported $1.8M of Global X MSCI Nigeria ETF stock for Q1 2016, down 11% quarter-over-quarter.
- 1 fund opened new Global X MSCI Nigeria ETF positions in Q1 2016 and 4 closed out, a net change of -3 holders.
- The largest Global X MSCI Nigeria ETF buyer in Q1 2016 was City of London Investment Management, an estimated $588K added.
- The largest Global X MSCI Nigeria ETF seller in Q1 2016 was Brinker Capital Investments, an estimated $273K sold.
Based on aggregated 13F filings for Q1 2016.