Global X MSCI Portugal ETF
PGAL
PGAL was delisted on the 16th of February, 2024.
17 hedge funds and large institutions have $19.5M invested in Global X MSCI Portugal ETF in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 5 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
43% more capital invested
Capital invested by funds: $13.6M → $19.5M (+$5.86M)
15% less funds holding
Funds holding: 20 → 17 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.47M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.45M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.95M |
| 4 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$204K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.17M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$762K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$758K |
| 4 |
Jane Street
New York
|
-$440K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$28K |
PGAL Hedge Fund Activity: Q3 2017 in Review
17 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Portugal ETF (PGAL) for Q3 2017, worth a combined $19.5M — up 43% from $13.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PGAL and 3 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 7 added.
The largest buyer was UBS Group, adding an estimated $2.47M. The largest seller was Fidelity Investments, exiting entirely with an estimated $1.17M sold.
- 17 institutional investors held Global X MSCI Portugal ETF (PGAL) as of Q3 2017, down from 20 in Q2 2017.
- Funds reported $19.5M of Global X MSCI Portugal ETF stock for Q3 2017, up 43% quarter-over-quarter.
- 3 funds opened new Global X MSCI Portugal ETF positions in Q3 2017 and 5 closed out, a net change of -2 holders.
- The largest Global X MSCI Portugal ETF buyer in Q3 2017 was UBS Group, an estimated $2.47M added.
- The largest Global X MSCI Portugal ETF seller in Q3 2017 was Fidelity Investments, an estimated $1.17M sold.
Based on aggregated 13F filings for Q3 2017.