Global X MSCI Norway ETF
NORW
23 hedge funds and large institutions have $4.59M invested in Global X MSCI Norway ETF in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 6 closing their positions.
3.96% less ownership
Funds ownership: 11.9% → 7.94% (-4%)
15% less funds holding
Funds holding: 27 → 23 (-4)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
37% less call options, than puts
Call options by funds: $3.32M | Put options by funds: $5.24M
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
81% less capital inflows, than outflows
Capital inflows: $547K | Capital outflows: $2.96M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$159K |
| 2 |
Morgan Stanley
New York
|
+$58.8K |
| 3 |
LPL Financial
San Diego,
California
|
+$47.3K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$12.4K |
| 5 |
Lunt Capital Management
Holladay,
Utah
|
+$10.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Natural Investments
Windsor,
California
|
-$1.36M |
| 2 |
Jane Street
New York
|
-$879K |
| 3 |
Flow Traders U.S.
New York
|
-$360K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$296K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.6K |
NORW Hedge Fund Activity: Q4 2025 in Review
23 of the 8,302 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Norway ETF (NORW) for Q4 2025, worth a combined $4.59M — down 34% from $7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NORW and 2 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $159K. The largest seller was Natural Investments, exiting entirely with an estimated $1.36M sold.
- 23 institutional investors held Global X MSCI Norway ETF (NORW) as of Q4 2025, down from 27 in Q3 2025.
- Funds reported $4.59M of Global X MSCI Norway ETF stock for Q4 2025, down 34% quarter-over-quarter.
- 2 funds opened new Global X MSCI Norway ETF positions in Q4 2025 and 6 closed out, a net change of -4 holders.
- The largest Global X MSCI Norway ETF buyer in Q4 2025 was Mirae Asset Global Investments, an estimated $159K added.
- The largest Global X MSCI Norway ETF seller in Q4 2025 was Natural Investments, an estimated $1.36M sold.
Based on aggregated 13F filings for Q4 2025.