Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
13 hedge funds and large institutions have $4.17M invested in Global X MSCI Nigeria ETF in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
3% more capital invested
Capital invested by funds: $4.05M → $4.17M (+$120K)
13% less funds holding
Funds holding: 15 → 13 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.02M |
| 2 |
Jane Street
New York
|
+$482K |
| 3 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$75.9K |
| 4 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
+$39.1K |
| 5 |
OAM
Oppenheimer Asset Management
New York
|
+$35.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$650K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$563K |
| 3 |
Morgan Stanley
New York
|
-$10.1K |
| 4 |
CCM
Cribstone Capital Management
Augusta,
Maine
|
-$1K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$1K |
NGE Hedge Fund Activity: Q4 2018 in Review
13 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q4 2018, worth a combined $4.17M — up 3% from $4.05M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NGE and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 6 added.
The largest buyer was City of London Investment Management, adding an estimated $1.02M. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $650K sold.
- 13 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q4 2018, down from 15 in Q3 2018.
- Funds reported $4.17M of Global X MSCI Nigeria ETF stock for Q4 2018, up 3% quarter-over-quarter.
- 2 funds opened new Global X MSCI Nigeria ETF positions in Q4 2018 and 3 closed out, a net change of -1 holder.
- The largest Global X MSCI Nigeria ETF buyer in Q4 2018 was City of London Investment Management, an estimated $1.02M added.
- The largest Global X MSCI Nigeria ETF seller in Q4 2018 was Cornerstone Wealth Management, an estimated $650K sold.
Based on aggregated 13F filings for Q4 2018.