Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
11 hedge funds and large institutions have $3.57M invested in Global X MSCI Nigeria ETF in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
15% less funds holding
Funds holding: 13 → 11 (-2)
24% less capital invested
Capital invested by funds: $4.69M → $3.57M (-$1.12M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$377K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$27.5K |
| 3 |
Jane Street
New York
|
+$25.4K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$9.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JC
JBF Capital
Aspen,
Colorado
|
-$843K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$424K |
| 3 |
APW
Acima Private Wealth
Richmond,
Virginia
|
-$184K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$136K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$23.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COLIM
1
City of London Investment Management
London,
United Kingdom
| $2.75M | +$377K | +28,791 | +16% |
|
|
VWA
2
V Wealth Advisors
Overland Park,
Kansas
| $456K | – | – | – |
|
|
3
Jane Street
New York
| $270K | +$25.4K | +1,938 | +11% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $28K | +$27.5K | +2,100 | New |
|
|
OAM
5
Oppenheimer Asset Management
New York
| $27K | -$7.5K | -573 | -22% |
|
6
Morgan Stanley
New York
| $25K | – | – | – |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $9K | +$9.16K | +700 | New |
|
|
8
UBS Group
Zurich,
Switzerland
| $2K | -$23.3K | -1,780 | -91% |
|
9
Bank of America
Charlotte,
North Carolina
| $1K | – | – | – |
|
|
JC
10
JBF Capital
Aspen,
Colorado
| – | -$843K | -63,200 | Closed |
|
|
11
Citadel Advisors
Miami,
Florida
| – | -$424K | -31,799 | Closed |
|
|
APW
12
Acima Private Wealth
Richmond,
Virginia
| – | -$184K | -14,049 | Closed |
|
|
13
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$136K | -10,190 | Closed |
|
NGE Hedge Fund Activity: Q4 2019 in Review
11 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q4 2019, worth a combined $3.57M — down 24% from $4.69M 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 2 added.
The largest buyer was City of London Investment Management, adding an estimated $377K. The largest seller was JBF Capital, exiting entirely with an estimated $843K sold.
- 11 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q4 2019, down from 13 in Q3 2019.
- Funds reported $3.57M of Global X MSCI Nigeria ETF stock for Q4 2019, down 24% quarter-over-quarter.
- 2 funds opened new Global X MSCI Nigeria ETF positions in Q4 2019 and 4 closed out, a net change of -2 holders.
- The largest Global X MSCI Nigeria ETF buyer in Q4 2019 was City of London Investment Management, an estimated $377K added.
- The largest Global X MSCI Nigeria ETF seller in Q4 2019 was JBF Capital, an estimated $843K sold.
Based on aggregated 13F filings for Q4 2019.