Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
8 hedge funds and large institutions have $2.38M invested in Global X MSCI Nigeria ETF in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 5 closing their positions.
27% less funds holding
Funds holding: 11 → 8 (-3)
35% less capital invested
Capital invested by funds: $3.67M → $2.38M (-$1.28M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$464K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$178K |
| 3 |
JC
JBF Capital
Aspen,
Colorado
|
+$23.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.26M |
| 2 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
-$313K |
| 3 |
HT
HAP Trading
New York
|
-$213K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$186K |
| 5 |
MHR
Matthew Hamilton Rosenberg
|
-$1.14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COLIM
1
City of London Investment Management
London,
United Kingdom
| $843K | -$1.26M | -138,125 | -61% |
|
|
2
Jane Street
New York
| $763K | +$464K | +50,941 | +168% |
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $455K | – | – | – |
|
|
4
Citadel Advisors
Miami,
Florida
| $183K | +$178K | +19,532 | New |
|
5
Arrowstreet Capital
Boston,
Massachusetts
| $95K | – | – | – |
|
|
JC
6
JBF Capital
Aspen,
Colorado
| $24K | +$23.7K | +2,601 | New |
|
7
Morgan Stanley
New York
| $18K | – | – | – |
|
|
MHR
8
Matthew Hamilton Rosenberg
| $4K | -$1.14K | -125 | -23% |
|
|
VWA
9
V Wealth Advisors
Overland Park,
Kansas
| – | -$313K | -33,636 | Closed |
|
|
HT
10
HAP Trading
New York
| – | -$213K | -22,817 | Closed |
|
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$186K | -19,930 | Closed |
|
12
Wells Fargo
San Francisco,
California
| – | -$9 | -1 | Closed |
|
NGE Hedge Fund Activity: Q3 2020 in Review
8 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q3 2020, worth a combined $2.38M — down 35% from $3.67M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NGE and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Jane Street, adding an estimated $464K. The largest seller was City of London Investment Management, cutting an estimated $1.26M.
- 8 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q3 2020, down from 11 in Q2 2020.
- Funds reported $2.38M of Global X MSCI Nigeria ETF stock for Q3 2020, down 35% quarter-over-quarter.
- 2 funds opened new Global X MSCI Nigeria ETF positions in Q3 2020 and 5 closed out, a net change of -3 holders.
- The largest Global X MSCI Nigeria ETF buyer in Q3 2020 was Jane Street, an estimated $464K added.
- The largest Global X MSCI Nigeria ETF seller in Q3 2020 was City of London Investment Management, an estimated $1.26M sold.
Based on aggregated 13F filings for Q3 2020.