Global X MSCI Portugal ETF
PGAL
PGAL was delisted on the 16th of February, 2024.
14 hedge funds and large institutions have $5.65M invested in Global X MSCI Portugal ETF in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
13% less funds holding
Funds holding: 16 → 14 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
43% less capital invested
Capital invested by funds: $9.82M → $5.65M (-$4.17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
CX Institutional
Auburn,
Indiana
|
+$1.78M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$575K |
| 3 |
Jane Street
New York
|
+$158K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$103K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$91.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.22M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$624K |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
-$208K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$200K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$17.7K |
PGAL Hedge Fund Activity: Q4 2018 in Review
14 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Portugal ETF (PGAL) for Q4 2018, worth a combined $5.65M — down 43% from $9.82M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PGAL and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 6 added.
The largest buyer was CX Institutional, opening a new position worth an estimated $1.78M. The largest seller was Bank of America, cutting an estimated $3.22M.
- 14 institutional investors held Global X MSCI Portugal ETF (PGAL) as of Q4 2018, down from 16 in Q3 2018.
- Funds reported $5.65M of Global X MSCI Portugal ETF stock for Q4 2018, down 43% quarter-over-quarter.
- 2 funds opened new Global X MSCI Portugal ETF positions in Q4 2018 and 3 closed out, a net change of -1 holder.
- The largest Global X MSCI Portugal ETF buyer in Q4 2018 was CX Institutional, an estimated $1.78M added.
- The largest Global X MSCI Portugal ETF seller in Q4 2018 was Bank of America, an estimated $3.22M sold.
Based on aggregated 13F filings for Q4 2018.