Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
13 hedge funds and large institutions have $13.6M invested in Global X MSCI Nigeria ETF in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 5 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
42% more capital invested
Capital invested by funds: $9.56M → $13.6M (+$4.01M)
24% less funds holding
Funds holding: 17 → 13 (-4)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.25M |
| 2 |
Jane Street
New York
|
+$424K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$391K |
| 4 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
+$263K |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$493K |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$253K |
| 3 |
X
Xponance
Philadelphia,
Pennsylvania
|
-$194K |
| 4 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
-$89K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$21K |
NGE Hedge Fund Activity: Q3 2017 in Review
13 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q3 2017, worth a combined $13.6M — up 42% from $9.56M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NGE and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 8 added.
The largest buyer was City of London Investment Management, adding an estimated $3.25M. The largest seller was AMG National Trust Bank, exiting entirely with an estimated $493K sold.
- 13 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q3 2017, down from 17 in Q2 2017.
- Funds reported $13.6M of Global X MSCI Nigeria ETF stock for Q3 2017, up 42% quarter-over-quarter.
- 2 funds opened new Global X MSCI Nigeria ETF positions in Q3 2017 and 5 closed out, a net change of -3 holders.
- The largest Global X MSCI Nigeria ETF buyer in Q3 2017 was City of London Investment Management, an estimated $3.25M added.
- The largest Global X MSCI Nigeria ETF seller in Q3 2017 was AMG National Trust Bank, an estimated $493K sold.
Based on aggregated 13F filings for Q3 2017.