Global X MSCI Norway ETF
NORW
13 hedge funds and large institutions have $15.4M invested in Global X MSCI Norway ETF in 2013 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
4.07% less ownership
Funds ownership: 16.39% → 12.31% (-4.1%)
16% less capital invested
Capital invested by funds: $18.3M → $15.4M (-$2.9M)
28% less funds holding
Funds holding: 18 → 13 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$131K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$119K |
| 3 |
LI
LMCG Investments
Boston,
Massachusetts
|
+$65.8K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$50.3K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$31.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.56M |
| 2 |
Jane Street
New York
|
-$1.47M |
| 3 |
Morgan Stanley
New York
|
-$452K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$289K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$271K |
NORW Hedge Fund Activity: Q4 2013 in Review
13 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Norway ETF (NORW) for Q4 2013, worth a combined $15.4M — down 16% from $18.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NORW and 0 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was UBS, adding an estimated $131K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.56M sold.
- 13 institutional investors held Global X MSCI Norway ETF (NORW) as of Q4 2013, down from 18 in Q3 2013.
- Funds reported $15.4M of Global X MSCI Norway ETF stock for Q4 2013, down 16% quarter-over-quarter.
- 0 funds opened new Global X MSCI Norway ETF positions in Q4 2013 and 5 closed out, a net change of -5 holders.
- The largest Global X MSCI Norway ETF buyer in Q4 2013 was UBS, an estimated $131K added.
- The largest Global X MSCI Norway ETF seller in Q4 2013 was Susquehanna International Group, an estimated $1.56M sold.
Based on aggregated 13F filings for Q4 2013.