Global X MSCI Norway ETF
NORW
NORW was delisted on the 29th of October, 2021.
43 hedge funds and large institutions have $65.8M invested in Global X MSCI Norway ETF in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 13 closing their positions.
9% less funds holding
Funds holding: 47 → 43 (-4)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
51% less capital invested
Capital invested by funds: $135M → $65.8M (-$68.8M)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$19.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.74M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$2.26M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.53M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$37.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$10.2M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$9.97M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.51M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$3.61M |
NORW Hedge Fund Activity: Q4 2018 in Review
43 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Norway ETF (NORW) for Q4 2018, worth a combined $65.8M — down 51% from $135M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NORW and 10 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 6 added.
The largest buyer was AGF Investments Inc, opening a new position worth an estimated $19.3M. The largest seller was RiverFront Investment Group, exiting entirely with an estimated $37.6M sold.
- 43 institutional investors held Global X MSCI Norway ETF (NORW) as of Q4 2018, down from 47 in Q3 2018.
- Funds reported $65.8M of Global X MSCI Norway ETF stock for Q4 2018, down 51% quarter-over-quarter.
- 10 funds opened new Global X MSCI Norway ETF positions in Q4 2018 and 13 closed out, a net change of -3 holders.
- The largest Global X MSCI Norway ETF buyer in Q4 2018 was AGF Investments Inc, an estimated $19.3M added.
- The largest Global X MSCI Norway ETF seller in Q4 2018 was RiverFront Investment Group, an estimated $37.6M sold.
Based on aggregated 13F filings for Q4 2018.