Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
13 hedge funds and large institutions have $13.5M invested in Global X MSCI Nigeria ETF in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8% more funds holding
Funds holding: 12 → 13 (+1)
29% less capital invested
Capital invested by funds: $18.9M → $13.5M (-$5.48M)
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$205K |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$95.7K |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$22.9K |
| 4 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$9.95K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAMA
Graticule Asia Macro Advisors
New York
|
-$1.83M |
| 2 |
Jane Street
New York
|
-$971K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$850K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$337K |
| 5 |
Morgan Stanley
New York
|
-$321K |
NGE Hedge Fund Activity: Q2 2018 in Review
13 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q2 2018, worth a combined $13.5M — down 29% from $18.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NGE positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 7 trimmed.
The largest buyer was UBS Group, adding an estimated $205K. The largest seller was Graticule Asia Macro Advisors, exiting entirely with an estimated $1.83M sold.
- 13 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q2 2018, up from 12 in Q1 2018.
- Funds reported $13.5M of Global X MSCI Nigeria ETF stock for Q2 2018, down 29% quarter-over-quarter.
- 3 funds opened new Global X MSCI Nigeria ETF positions in Q2 2018 and 2 closed out, a net change of +1 holder.
- The largest Global X MSCI Nigeria ETF buyer in Q2 2018 was UBS Group, an estimated $205K added.
- The largest Global X MSCI Nigeria ETF seller in Q2 2018 was Graticule Asia Macro Advisors, an estimated $1.83M sold.
Based on aggregated 13F filings for Q2 2018.