Global X MSCI Norway ETF
NORW
16 hedge funds and large institutions have $6.15M invested in Global X MSCI Norway ETF in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 5 closing their positions.
4.48% less ownership
Funds ownership: 7.55% → 3.07% (-4.5%)
11% less funds holding
Funds holding: 18 → 16 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
62% less capital invested
Capital invested by funds: $16M → $6.15M (-$9.87M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$638K |
| 2 |
SG Americas Securities
New York
|
+$360K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$26.2K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
+$1.86K |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$563 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$6.09M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.35M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$873K |
| 4 |
Jane Street
New York
|
-$787K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$747K |
NORW Hedge Fund Activity: Q4 2016 in Review
16 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Norway ETF (NORW) for Q4 2016, worth a combined $6.15M — down 62% from $16M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NORW and 3 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $638K. The largest seller was RiverFront Investment Group, exiting entirely with an estimated $6.09M sold.
- 16 institutional investors held Global X MSCI Norway ETF (NORW) as of Q4 2016, down from 18 in Q3 2016.
- Funds reported $6.15M of Global X MSCI Norway ETF stock for Q4 2016, down 62% quarter-over-quarter.
- 3 funds opened new Global X MSCI Norway ETF positions in Q4 2016 and 5 closed out, a net change of -2 holders.
- The largest Global X MSCI Norway ETF buyer in Q4 2016 was Citadel Advisors, an estimated $638K added.
- The largest Global X MSCI Norway ETF seller in Q4 2016 was RiverFront Investment Group, an estimated $6.09M sold.
Based on aggregated 13F filings for Q4 2016.