Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
13 hedge funds and large institutions have $4.79M invested in Global X MSCI Nigeria ETF in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
114% more capital invested
Capital invested by funds: $2.24M → $4.79M (+$2.55M)
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
18% more funds holding
Funds holding: 11 → 13 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.56M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$394K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$11.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$9.5K |
| 5 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$4.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$736K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$201K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1K |
NGE Hedge Fund Activity: Q2 2023 in Review
13 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q2 2023, worth a combined $4.79M — up 114% from $2.24M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NGE positions and 2 closed out — a net gain of 2 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, adding an estimated $2.56M. The largest seller was Morgan Stanley, cutting an estimated $736K.
- 13 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q2 2023, up from 11 in Q1 2023.
- Funds reported $4.79M of Global X MSCI Nigeria ETF stock for Q2 2023, up 114% quarter-over-quarter.
- 4 funds opened new Global X MSCI Nigeria ETF positions in Q2 2023 and 2 closed out, a net change of +2 holders.
- The largest Global X MSCI Nigeria ETF buyer in Q2 2023 was Jane Street, an estimated $2.56M added.
- The largest Global X MSCI Nigeria ETF seller in Q2 2023 was Morgan Stanley, an estimated $736K sold.
Based on aggregated 13F filings for Q2 2023.