Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
14 hedge funds and large institutions have $3.4M invested in Global X MSCI Nigeria ETF in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
17% more funds holding
Funds holding: 12 → 14 (+2)
74% less capital invested
Capital invested by funds: $13.3M → $3.4M (-$9.85M)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$835K |
| 2 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$79.6K |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$29K |
| 4 |
TC
Truvestments Capital
Sarasota,
Florida
|
+$1.7K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$4.02M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.08M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.61M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$431K |
| 5 |
Jane Street
New York
|
-$303K |
NGE Hedge Fund Activity: Q3 2018 in Review
14 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q3 2018, worth a combined $3.4M — down 74% from $13.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NGE positions and 2 closed out — a net gain of 2 holders — while 1 added to existing stakes and 6 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $835K. The largest seller was Cabot Wealth Management, exiting entirely with an estimated $4.02M sold.
- 14 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q3 2018, up from 12 in Q2 2018.
- Funds reported $3.4M of Global X MSCI Nigeria ETF stock for Q3 2018, down 74% quarter-over-quarter.
- 4 funds opened new Global X MSCI Nigeria ETF positions in Q3 2018 and 2 closed out, a net change of +2 holders.
- The largest Global X MSCI Nigeria ETF buyer in Q3 2018 was Susquehanna International Group, an estimated $835K added.
- The largest Global X MSCI Nigeria ETF seller in Q3 2018 was Cabot Wealth Management, an estimated $4.02M sold.
Based on aggregated 13F filings for Q3 2018.