Global X MSCI Norway ETF
NORW
25 hedge funds and large institutions have $19.9M invested in Global X MSCI Norway ETF in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 7 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
5% more capital invested
Capital invested by funds: $19M → $19.9M (+$895K)
1.91% less ownership
Funds ownership: 12.56% → 10.65% (-1.9%)
19% less funds holding
Funds holding: 31 → 25 (-6)
32% less call options, than puts
Call options by funds: $1.22M | Put options by funds: $1.78M
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LI
LMCG Investments
Boston,
Massachusetts
|
+$902K |
| 2 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$537K |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$303K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$92.7K |
| 5 |
Morgan Stanley
New York
|
+$79.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.85M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$399K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$264K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$205K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$94.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
26
Credit Suisse
Zurich,
Switzerland
| – | -$264K | -11,979 | Closed |
|
|
OMC
27
Old Mission Capital
Chicago,
Illinois
| – | -$205K | -9,276 | Closed |
|
|
SF
28
Synovus Financial
Columbus,
Georgia
| – | -$73K | -3,305 | Closed |
|
|
MAS
29
Madden Advisory Services
Jacksonville,
Florida
| – | -$22K | -1,000 | Closed |
|
|
WA
30
Waverly Advisors
Birmingham,
Alabama
| – | -$5K | -240 | Closed |
|
31
Envestnet Asset Management
Chicago,
Illinois
| – | -$5K | -225 | Closed |
|
NORW Hedge Fund Activity: Q1 2015 in Review
25 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Norway ETF (NORW) for Q1 2015, worth a combined $19.9M — up 4.7% from $19M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NORW and 1 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 11 added.
The largest buyer was LMCG Investments, adding an estimated $902K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.85M sold.
- 25 institutional investors held Global X MSCI Norway ETF (NORW) as of Q1 2015, down from 31 in Q4 2014.
- Funds reported $19.9M of Global X MSCI Norway ETF stock for Q1 2015, up 4.7% quarter-over-quarter.
- 1 fund opened new Global X MSCI Norway ETF positions in Q1 2015 and 7 closed out, a net change of -6 holders.
- The largest Global X MSCI Norway ETF buyer in Q1 2015 was LMCG Investments, an estimated $902K added.
- The largest Global X MSCI Norway ETF seller in Q1 2015 was Susquehanna International Group, an estimated $1.85M sold.
Based on aggregated 13F filings for Q1 2015.