Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
18 hedge funds and large institutions have $3.31M invested in Global X MSCI Nigeria ETF in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
29% more funds holding
Funds holding: 14 → 18 (+4)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
41% less capital invested
Capital invested by funds: $5.58M → $3.31M (-$2.26M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$470K |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$303K |
| 3 |
Morgan Stanley
New York
|
+$132K |
| 4 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
+$79.1K |
| 5 |
MLIC
Mandatum Life Insurance Company
Helsinki,
Finland
|
+$49.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$1.01M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$158K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$152K |
| 4 |
FC
FCA Corp
Houston,
Texas
|
-$104K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16K |
NGE Hedge Fund Activity: Q3 2016 in Review
18 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q3 2016, worth a combined $3.31M — down 41% from $5.58M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NGE positions and 2 closed out — a net gain of 5 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $470K. The largest seller was SG Americas Securities, cutting an estimated $1.01M.
- 18 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q3 2016, up from 14 in Q2 2016.
- Funds reported $3.31M of Global X MSCI Nigeria ETF stock for Q3 2016, down 41% quarter-over-quarter.
- 7 funds opened new Global X MSCI Nigeria ETF positions in Q3 2016 and 2 closed out, a net change of +5 holders.
- The largest Global X MSCI Nigeria ETF buyer in Q3 2016 was City of London Investment Management, an estimated $470K added.
- The largest Global X MSCI Nigeria ETF seller in Q3 2016 was SG Americas Securities, an estimated $1.01M sold.
Based on aggregated 13F filings for Q3 2016.