Global X MSCI Norway ETF
NORW
31 hedge funds and large institutions have $19M invested in Global X MSCI Norway ETF in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
11% more funds holding
Funds holding: 28 → 31 (+3)
6.16% more ownership
Funds ownership: 6.4% → 12.56% (+6.2%)
19% less capital invested
Capital invested by funds: $23.4M → $19M (-$4.4M)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
62% less call options, than puts
Call options by funds: $1.16M | Put options by funds: $3.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.68M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$423K |
| 3 |
SG Americas Securities
New York
|
+$399K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$375K |
| 5 |
Jane Street
New York
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$2.21M |
| 2 |
Citigroup
New York
|
-$1.19M |
| 3 |
CPC
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
|
-$647K |
| 4 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$378K |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Canada Life
Winnipeg,
Manitoba, Canada
| $5K | +$2.38K | +100 | +83% |
|
|
AIG
27
American International Group
New York
| $4.41K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $4K | +$4.73K | +199 | New |
|
29
Bank of America
Charlotte,
North Carolina
| $3K | +$2.97K | +125 | New |
|
|
HI
30
Hudock Inc
Williamsport,
Pennsylvania
| $1K | – | – | – |
|
|
CPC
31
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
| – | -$647K | -26,080 | Closed |
|
|
MPWT
32
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$378K | -15,231 | Closed |
|
|
PI
33
Placemark Investments
Chicago,
Illinois
| – | -$201K | -8,036 | Closed |
|
34
Ameriprise
Minneapolis,
Minnesota
| – | -$112K | -4,521 | Closed |
|
35
Parallax Volatility Advisers
San Francisco,
California
| – | +$24 | +1 | New |
|
NORW Hedge Fund Activity: Q4 2014 in Review
31 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Norway ETF (NORW) for Q4 2014, worth a combined $19M — down 19% from $23.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NORW positions and 4 closed out — a net gain of 4 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.68M. The largest seller was RiverFront Investment Group, cutting an estimated $2.21M.
- 31 institutional investors held Global X MSCI Norway ETF (NORW) as of Q4 2014, up from 28 in Q3 2014.
- Funds reported $19M of Global X MSCI Norway ETF stock for Q4 2014, down 19% quarter-over-quarter.
- 8 funds opened new Global X MSCI Norway ETF positions in Q4 2014 and 4 closed out, a net change of +4 holders.
- The largest Global X MSCI Norway ETF buyer in Q4 2014 was Susquehanna International Group, an estimated $1.68M added.
- The largest Global X MSCI Norway ETF seller in Q4 2014 was RiverFront Investment Group, an estimated $2.21M sold.
Based on aggregated 13F filings for Q4 2014.