Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
12 hedge funds and large institutions have $18.9M invested in Global X MSCI Nigeria ETF in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
45% more capital invested
Capital invested by funds: $13M → $18.9M (+$5.92M)
0% more funds holding
Funds holding: 12 → 12 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.94M |
| 2 |
GAMA
Graticule Asia Macro Advisors
New York
|
+$1.86M |
| 3 |
Jane Street
New York
|
+$1.27M |
| 4 |
Morgan Stanley
New York
|
+$421K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
X
Xponance
Philadelphia,
Pennsylvania
|
-$1.05M |
| 2 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
-$333K |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$177K |
| 4 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$113K |
| 5 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$55.5K |
NGE Hedge Fund Activity: Q1 2018 in Review
12 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q1 2018, worth a combined $18.9M — up 45% from $13M a quarter earlier.
Fund positioning in NGE was balanced in Q1 2018: 3 funds opened new positions, 3 closed out, 6 added to existing stakes and 3 trimmed.
The largest buyer was Bank of America, adding an estimated $2.94M. The largest seller was Xponance, exiting entirely with an estimated $1.05M sold.
- 12 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $18.9M of Global X MSCI Nigeria ETF stock for Q1 2018, up 45% quarter-over-quarter.
- 3 funds opened new Global X MSCI Nigeria ETF positions in Q1 2018 and 3 closed out, a net change of 0 holders.
- The largest Global X MSCI Nigeria ETF buyer in Q1 2018 was Bank of America, an estimated $2.94M added.
- The largest Global X MSCI Nigeria ETF seller in Q1 2018 was Xponance, an estimated $1.05M sold.
Based on aggregated 13F filings for Q1 2018.