Global X MSCI Nigeria ETF
NGE was delisted on the 25th of March, 2024.
2 hedge funds and large institutions have $43.4K invested in Global X MSCI Nigeria ETF in 2024 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, reducing their positions, and 10 closing their positions.
83% less funds holding
Funds holding: 12 → 2 (-10)
95% less capital invested
Capital invested by funds: $860K → $43.4K (-$816K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 10
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$480K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$161K |
| 3 |
GS
GTS Securities
New York
|
-$77.8K |
| 4 |
Morgan Stanley
New York
|
-$39.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$16.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FC
1
FCA Corp
Houston,
Texas
| $41.5K | – | – | – |
|
|
HCM
2
Hollencrest Capital Management
Newport Beach,
California
| $1.87K | – | – | – |
|
|
COLIM
3
City of London Investment Management
London,
United Kingdom
| – | -$480K | -88,000 | Closed |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$161K | -29,503 | Closed |
|
|
GS
5
GTS Securities
New York
| – | -$77.8K | -14,253 | Closed |
|
|
6
Morgan Stanley
New York
| – | -$39.8K | -7,290 | Closed |
|
|
7
UBS Group
Zurich,
Switzerland
| – | -$16.4K | -2,999 | Closed |
|
|
JEST
8
JTC Employer Solutions Trustee
St Helier,
Jersey
| – | -$12K | -2,100 | Closed |
|
9
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$3.62K | -675 | Closed |
|
|
IA
10
IFP Advisors
Tampa,
Florida
| – | -$2.73K | -500 | Closed |
|
|
MHR
11
Matthew Hamilton Rosenberg
| – | -$2.29K | -420 | Closed |
|
12
Wells Fargo
San Francisco,
California
| – | -$5 | -1 | Closed |
|
NGE Hedge Fund Activity: Q1 2024 in Review
2 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Nigeria ETF (NGE) for Q1 2024, worth a combined $43.4K — down 95% from $860K a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NGE and 0 opened new positions — a net loss of 10 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was City of London Investment Management, exiting entirely with an estimated $480K sold.
- 2 institutional investors held Global X MSCI Nigeria ETF (NGE) as of Q1 2024, down from 12 in Q4 2023.
- Funds reported $43.4K of Global X MSCI Nigeria ETF stock for Q1 2024, down 95% quarter-over-quarter.
- 0 funds opened new Global X MSCI Nigeria ETF positions in Q1 2024 and 10 closed out, a net change of -10 holders.
- The largest Global X MSCI Nigeria ETF seller in Q1 2024 was City of London Investment Management, an estimated $480K sold.
Based on aggregated 13F filings for Q1 2024.