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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.

New
Increased
Maintained
Reduced
Closed

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

Holders
13
Holders Change
-5
Holders Change %
-27.78%
% of All Funds
0.38%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
–
Increased
5
Reduced
4
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
U
UBS
Switzerland
+$131K
2
Bank of America
Bank of America
North Carolina
+$119K
3
LI
LMCG Investments
Massachusetts
+$65.8K
4
CS
Credit Suisse
Switzerland
+$50.3K
5
Wells Fargo
Wells Fargo
California
+$31.1K

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.56M
2
Jane Street
Jane Street
New York
-$1.47M
3
Morgan Stanley
Morgan Stanley
New York
-$452K
4
VKH
Virtu KCG Holdings
New York
-$289K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$271K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$9.53M -$452K -19,059 -5%
LI
2
LMCG Investments
Massachusetts
$2.23M +$65.8K +2,774 +3%
US Bancorp
3
US Bancorp
Minnesota
$1.19M – – –
LPL Financial
4
LPL Financial
California
$449K -$39.3K -1,658 -8%
SF
5
Synovus Financial
Georgia
$342K -$474 -20 -0.1%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$326K -$271K -11,430 -46%
CS
7
Credit Suisse
Switzerland
$316K +$50.3K +2,123 +19%
Ameriprise
8
Ameriprise
Minnesota
$289K – – –
U
9
UBS
Switzerland
$245K +$131K +5,523 +121%
Bank of America
10
Bank of America
North Carolina
$204K +$119K +5,041 +151%
Wells Fargo
11
Wells Fargo
California
$192K +$31.1K +1,310 +20%
Citigroup
12
Citigroup
New York
$75K – – –
MAS
13
Madden Advisory Services
Florida
$24K – – –
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
– -$1.56M -67,888 Closed
Jane Street
15
Jane Street
New York
– -$1.47M -63,932 Closed
VKH
16
Virtu KCG Holdings
New York
– -$289K -12,533 Closed
STC
17
SEI Trust Company
Pennsylvania
– -$10K -434 Closed
MFS
18
MSI Financial Services
Massachusetts
– -$8K -355 Closed

NORW Hedge Fund Activity: Q4 2013 in Review

13 of the 3,445 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.