Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
15 hedge funds and large institutions have $3.87M invested in Global X MSCI Nigeria ETF in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
15% more funds holding
Funds holding: 13 → 15 (+2)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
19% less capital invested
Capital invested by funds: $4.79M → $3.87M (-$925K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$350K |
| 2 |
GS
GTS Securities
New York
|
+$132K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$128K |
| 4 |
Morgan Stanley
New York
|
+$2.39K |
| 5 |
JP Morgan Chase
New York
|
+$1.19K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$656K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$223K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$7.91K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.18K |
NGE Hedge Fund Activity: Q3 2023 in Review
15 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q3 2023, worth a combined $3.87M — down 19% from $4.79M 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 2 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $350K. The largest seller was Jane Street, cutting an estimated $656K.
- 15 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q3 2023, up from 13 in Q2 2023.
- Funds reported $3.87M of Global X MSCI Nigeria ETF stock for Q3 2023, down 19% quarter-over-quarter.
- 4 funds opened new Global X MSCI Nigeria ETF positions in Q3 2023 and 2 closed out, a net change of +2 holders.
- The largest Global X MSCI Nigeria ETF buyer in Q3 2023 was Bank of Montreal, an estimated $350K added.
- The largest Global X MSCI Nigeria ETF seller in Q3 2023 was Jane Street, an estimated $656K sold.
Based on aggregated 13F filings for Q3 2023.