Global X MSCI Norway ETF
NORW
30 hedge funds and large institutions have $5.78M invested in Global X MSCI Norway ETF in 2025 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 4 closing their positions.
4,692% more call options, than puts
Call options by funds: $1.77M | Put options by funds: $37K
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
36% more funds holding
Funds holding: 22 → 30 (+8)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
3.02% less ownership
Funds ownership: 14.49% → 11.46% (-3%)
13% less capital invested
Capital invested by funds: $6.64M → $5.78M (-$863K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$1.23M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$353K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$255K |
| 4 |
LPL Financial
San Diego,
California
|
+$216K |
| 5 |
LCM
Lunt Capital Management
Holladay,
Utah
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$541K |
| 3 |
Jane Street
New York
|
-$327K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$200K |
| 5 |
EWA
EP Wealth Advisors
Torrance,
California
|
-$49.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFA
26
McClarren Financial Advisors
State College,
Pennsylvania
| $7K | +$6.72K | +265 | New |
|
27
William Blair & Company
Chicago,
Illinois
| $2.36K | – | – | – |
|
28
National Bank of Canada
Montreal,
Quebec, Canada
| $1.7K | – | – | – |
|
29
Fidelity Investments
Boston,
Massachusetts
| $1.34K | – | – | – |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $27 | – | – | – |
|
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$541K | -23,042 | Closed |
|
|
32
Jane Street
New York
| – | -$327K | -13,920 | Closed |
|
|
FA
33
Fedenia Advisers
Madison,
Wisconsin
| – | -$8.94K | -381 | Closed |
|
34
JP Morgan Chase
New York
| – | -$94 | -4 | Closed |
|
NORW Hedge Fund Activity: Q1 2025 in Review
30 of the 7,461 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Norway ETF (NORW) for Q1 2025, worth a combined $5.78M — down 13% from $6.64M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NORW positions and 4 closed out — a net gain of 8 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Zacks Investment Management, opening a new position worth an estimated $1.23M. The largest seller was Royal Bank of Canada, cutting an estimated $3.4M.
- 30 institutional investors held Global X MSCI Norway ETF (NORW) as of Q1 2025, up from 22 in Q4 2024.
- Funds reported $5.78M of Global X MSCI Norway ETF stock for Q1 2025, down 13% quarter-over-quarter.
- 12 funds opened new Global X MSCI Norway ETF positions in Q1 2025 and 4 closed out, a net change of +8 holders.
- The largest Global X MSCI Norway ETF buyer in Q1 2025 was Zacks Investment Management, an estimated $1.23M added.
- The largest Global X MSCI Norway ETF seller in Q1 2025 was Royal Bank of Canada, an estimated $3.4M sold.
Based on aggregated 13F filings for Q1 2025.