Global X MSCI Portugal ETF
PGAL
PGAL was delisted on the 16th of February, 2024.
12 hedge funds and large institutions have $1.78M invested in Global X MSCI Portugal ETF in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
8% less funds holding
Funds holding: 13 → 12 (-1)
21% less capital invested
Capital invested by funds: $2.25M → $1.78M (-$464K)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$285K |
| 2 |
LPL Financial
San Diego,
California
|
+$178K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$144K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$710K |
| 2 |
Jane Street
New York
|
-$314K |
| 3 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
-$153K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$17.8K |
| 5 |
AIG
American International Group
New York
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Royal Bank of Canada
Toronto,
Ontario, Canada
| $444K | +$285K | +27,136 | +162% |
|
|
OMC
2
Old Mission Capital
Chicago,
Illinois
| $330K | +$129K | +12,251 | +60% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $232K | -$710K | -67,523 | -75% |
|
4
Bank of America
Charlotte,
North Carolina
| $166K | – | – | – |
|
|
5
LPL Financial
San Diego,
California
| $166K | +$178K | +16,954 | New |
|
|
HCM
6
Hollencrest Capital Management
Newport Beach,
California
| $162K | – | – | – |
|
|
VKH
7
Virtu KCG Holdings
New York
| $139K | +$144K | +13,738 | New |
|
8
Fidelity Investments
Boston,
Massachusetts
| $133K | – | – | – |
|
|
9
UBS Group
Zurich,
Switzerland
| $6K | -$17.8K | -1,696 | -74% |
|
10
Morgan Stanley
New York
| $4K | -$1.05K | -100 | -20% |
|
|
MWP
11
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| $3K | – | – | – |
|
|
12
Jane Street
New York
| – | -$314K | -31,160 | Closed |
|
|
DIA
13
Dana Investment Advisors
Waukesha,
Wisconsin
| – | -$153K | -15,123 | Closed |
|
|
AIG
14
American International Group
New York
| – | -$2K | -200 | Closed |
|
PGAL Hedge Fund Activity: Q4 2015 in Review
12 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Portugal ETF (PGAL) for Q4 2015, worth a combined $1.78M — down 21% from $2.25M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PGAL and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Royal Bank of Canada, adding an estimated $285K. The largest seller was Susquehanna International Group, cutting an estimated $710K.
- 12 institutional investors held Global X MSCI Portugal ETF (PGAL) as of Q4 2015, down from 13 in Q3 2015.
- Funds reported $1.78M of Global X MSCI Portugal ETF stock for Q4 2015, down 21% quarter-over-quarter.
- 2 funds opened new Global X MSCI Portugal ETF positions in Q4 2015 and 3 closed out, a net change of -1 holder.
- The largest Global X MSCI Portugal ETF buyer in Q4 2015 was Royal Bank of Canada, an estimated $285K added.
- The largest Global X MSCI Portugal ETF seller in Q4 2015 was Susquehanna International Group, an estimated $710K sold.
Based on aggregated 13F filings for Q4 2015.