Global X MSCI Norway ETF
NORW
NORW was delisted on the 29th of October, 2021.
26 hedge funds and large institutions have $16.4M invested in Global X MSCI Norway ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 7 closing their positions.
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
19% less funds holding
Funds holding: 32 → 26 (-6)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
69% less capital invested
Capital invested by funds: $52.5M → $16.4M (-$36.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.18M |
| 2 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$476K |
| 3 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$183K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$51.6K |
| 5 |
AIA
AGF Investments America
Toronto,
Ontario, Canada
|
+$8.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$20.2M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.13M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$775K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$637K |
| 5 |
Morgan Stanley
New York
|
-$619K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Envestnet Asset Management
Chicago,
Illinois
| – | -$637K | -50,829 | Closed |
|
|
LTI
27
Laffer Tengler Investments
Nashville,
Tennessee
| – | -$226K | -18,049 | Closed |
|
|
RIA
28
Realta Investment Advisors
Wilmington,
Delaware
| – | -$19K | -1,570 | Closed |
|
|
PA
29
PSI Advisors
Tampa,
Florida
| – | -$8K | -710 | Closed |
|
|
FHA
30
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$1K | -84 | Closed |
|
31
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | New |
|
|
OPS
32
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$629 | +59 | New |
|
NORW Hedge Fund Activity: Q1 2020 in Review
26 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Norway ETF (NORW) for Q1 2020, worth a combined $16.4M — down 69% from $52.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NORW and 3 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was UBS Group, adding an estimated $1.18M. The largest seller was Wells Fargo, cutting an estimated $20.2M.
- 26 institutional investors held Global X MSCI Norway ETF (NORW) as of Q1 2020, down from 32 in Q4 2019.
- Funds reported $16.4M of Global X MSCI Norway ETF stock for Q1 2020, down 69% quarter-over-quarter.
- 3 funds opened new Global X MSCI Norway ETF positions in Q1 2020 and 7 closed out, a net change of -4 holders.
- The largest Global X MSCI Norway ETF buyer in Q1 2020 was UBS Group, an estimated $1.18M added.
- The largest Global X MSCI Norway ETF seller in Q1 2020 was Wells Fargo, an estimated $20.2M sold.
Based on aggregated 13F filings for Q1 2020.