Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
16 hedge funds and large institutions have $2.85M invested in Global X MSCI Nigeria ETF in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 3 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
11% less funds holding
Funds holding: 18 → 16 (-2)
14% less capital invested
Capital invested by funds: $3.31M → $2.85M (-$468K)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$398K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$207K |
| 3 |
JP Morgan Chase
New York
|
+$60.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$22.4K |
| 5 |
Morgan Stanley
New York
|
+$12.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$307K |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$294K |
| 3 |
SG Americas Securities
New York
|
-$273K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1K |
NGE Hedge Fund Activity: Q4 2016 in Review
16 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q4 2016, worth a combined $2.85M — down 14% from $3.31M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NGE and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 6 added.
The largest buyer was City of London Investment Management, adding an estimated $398K. The largest seller was Verition Fund Management, exiting entirely with an estimated $307K sold.
- 16 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q4 2016, down from 18 in Q3 2016.
- Funds reported $2.85M of Global X MSCI Nigeria ETF stock for Q4 2016, down 14% quarter-over-quarter.
- 2 funds opened new Global X MSCI Nigeria ETF positions in Q4 2016 and 3 closed out, a net change of -1 holder.
- The largest Global X MSCI Nigeria ETF buyer in Q4 2016 was City of London Investment Management, an estimated $398K added.
- The largest Global X MSCI Nigeria ETF seller in Q4 2016 was Verition Fund Management, an estimated $307K sold.
Based on aggregated 13F filings for Q4 2016.