Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
12 hedge funds and large institutions have $3.95M invested in Global X MSCI Nigeria ETF in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
14% less funds holding
Funds holding: 14 → 12 (-2)
34% less capital invested
Capital invested by funds: $5.99M → $3.95M (-$2.04M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JC
JBF Capital
Aspen,
Colorado
|
+$523K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$181K |
| 3 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
+$64.3K |
| 4 |
APW
Acima Private Wealth
Richmond,
Virginia
|
+$16.8K |
| 5 |
JP Morgan Chase
New York
|
+$366 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$966K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$510K |
| 3 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
-$268K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$37K |
| 5 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$32.9K |
NGE Hedge Fund Activity: Q2 2019 in Review
12 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q2 2019, worth a combined $3.95M — down 34% from $5.99M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NGE and 2 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was JBF Capital, opening a new position worth an estimated $523K. The largest seller was Morgan Stanley, cutting an estimated $966K.
- 12 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q2 2019, down from 14 in Q1 2019.
- Funds reported $3.95M of Global X MSCI Nigeria ETF stock for Q2 2019, down 34% quarter-over-quarter.
- 2 funds opened new Global X MSCI Nigeria ETF positions in Q2 2019 and 4 closed out, a net change of -2 holders.
- The largest Global X MSCI Nigeria ETF buyer in Q2 2019 was JBF Capital, an estimated $523K added.
- The largest Global X MSCI Nigeria ETF seller in Q2 2019 was Morgan Stanley, an estimated $966K sold.
Based on aggregated 13F filings for Q2 2019.