Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
10 hedge funds and large institutions have $2.92M invested in Global X MSCI Nigeria ETF in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 9 closing their positions.
2% more capital invested
Capital invested by funds: $2.85M → $2.92M (+$71K)
38% less funds holding
Funds holding: 16 → 10 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$675K |
| 2 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
+$428K |
| 3 |
OAM
Oppenheimer Asset Management
New York
|
+$91.4K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$161 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$388K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$198K |
| 3 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$107K |
| 4 |
FC
FCA Corp
Houston,
Texas
|
-$95K |
| 5 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
-$76K |
NGE Hedge Fund Activity: Q1 2017 in Review
10 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q1 2017, worth a combined $2.92M — up 2.5% from $2.85M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NGE and 3 opened new positions — a net loss of 6 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Jane Street, opening a new position worth an estimated $675K. The largest seller was Brinker Capital Investments, exiting entirely with an estimated $388K sold.
- 10 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q1 2017, down from 16 in Q4 2016.
- Funds reported $2.92M of Global X MSCI Nigeria ETF stock for Q1 2017, up 2.5% quarter-over-quarter.
- 3 funds opened new Global X MSCI Nigeria ETF positions in Q1 2017 and 9 closed out, a net change of -6 holders.
- The largest Global X MSCI Nigeria ETF buyer in Q1 2017 was Jane Street, an estimated $675K added.
- The largest Global X MSCI Nigeria ETF seller in Q1 2017 was Brinker Capital Investments, an estimated $388K sold.
Based on aggregated 13F filings for Q1 2017.