Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
11 hedge funds and large institutions have $3.67M invested in Global X MSCI Nigeria ETF in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 4 closing their positions.
4% more capital invested
Capital invested by funds: $3.51M → $3.67M (+$157K)
8% less funds holding
Funds holding: 12 → 11 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$318K |
| 2 |
HT
HAP Trading
New York
|
+$212K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$185K |
| 4 |
MHR
Matthew Hamilton Rosenberg
|
+$5.05K |
| 5 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
+$3.71K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$363K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$229K |
| 3 |
Jane Street
New York
|
-$140K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$110K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$38K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COLIM
1
City of London Investment Management
London,
United Kingdom
| $2.11M | -$110K | -11,875 | -5% |
|
|
2
Royal Bank of Canada
Toronto,
Ontario, Canada
| $451K | +$318K | +34,310 | +244% |
|
|
VWA
3
V Wealth Advisors
Overland Park,
Kansas
| $313K | +$3.71K | +400 | +1% |
|
|
4
Jane Street
New York
| $283K | -$140K | -15,059 | -33% |
|
|
HT
5
HAP Trading
New York
| $213K | +$212K | +22,817 | New |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $186K | +$185K | +19,930 | New |
|
7
Arrowstreet Capital
Boston,
Massachusetts
| $94K | -$19.5K | -2,100 | -17% |
|
8
Morgan Stanley
New York
| $18K | -$454 | -49 | -3% |
|
|
MHR
9
Matthew Hamilton Rosenberg
| $5K | +$5.05K | +545 | New |
|
|
10
Goldman Sachs
New York
| – | -$363K | -44,072 | Closed |
|
|
11
Citadel Advisors
Miami,
Florida
| – | -$229K | -27,805 | Closed |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$38K | -4,605 | Closed |
|
|
OAM
13
Oppenheimer Asset Management
New York
| – | -$20K | -2,404 | Closed |
|
NGE Hedge Fund Activity: Q2 2020 in Review
11 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q2 2020, worth a combined $3.67M — up 4.5% from $3.51M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NGE and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 2 added.
The largest buyer was Royal Bank of Canada, adding an estimated $318K. The largest seller was Goldman Sachs, exiting entirely with an estimated $363K sold.
- 11 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q2 2020, down from 12 in Q1 2020.
- Funds reported $3.67M of Global X MSCI Nigeria ETF stock for Q2 2020, up 4.5% quarter-over-quarter.
- 3 funds opened new Global X MSCI Nigeria ETF positions in Q2 2020 and 4 closed out, a net change of -1 holder.
- The largest Global X MSCI Nigeria ETF buyer in Q2 2020 was Royal Bank of Canada, an estimated $318K added.
- The largest Global X MSCI Nigeria ETF seller in Q2 2020 was Goldman Sachs, an estimated $363K sold.
Based on aggregated 13F filings for Q2 2020.