Global X MSCI Portugal ETF
PGAL
PGAL was delisted on the 16th of February, 2024.
10 hedge funds and large institutions have $3.5M invested in Global X MSCI Portugal ETF in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 3 closing their positions.
80% more capital invested
Capital invested by funds: $1.94M → $3.5M (+$1.55M)
17% less funds holding
Funds holding: 12 → 10 (-2)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
CX Institutional
Auburn,
Indiana
|
+$2.83M |
| 2 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$169K |
| 3 |
Morgan Stanley
New York
|
+$487 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$454K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$411K |
| 3 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$232K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$154K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$54.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
1
CX Institutional
Auburn,
Indiana
| $2.76M | +$2.83M | +261,988 | +59,408% |
|
|
RIA
2
Regal Investment Advisors
Kentwood,
Michigan
| $164K | +$169K | +15,622 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $160K | -$454K | -41,997 | -73% |
|
|
CP
4
Camelot Portfolios
Maumee,
Ohio
| $158K | -$232K | -21,417 | -59% |
|
5
UBS Group
Zurich,
Switzerland
| $153K | -$692 | -64 | -0.4% |
|
|
EMG
6
ETF Managers Group
Summit,
New Jersey
| $38K | -$17.2K | -1,588 | -31% |
|
|
7
Morgan Stanley
New York
| $35K | +$487 | +45 | +1% |
|
|
8
Bank of America
Charlotte,
North Carolina
| $25K | -$54.8K | -5,066 | -68% |
|
9
Wells Fargo
San Francisco,
California
| $6K | – | – | – |
|
|
10
Citadel Advisors
Miami,
Florida
| – | -$411K | -37,981 | Closed |
|
|
11
Acadian Asset Management
Boston,
Massachusetts
| – | -$154K | -14,283 | Closed |
|
12
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$22K | -2,064 | Closed |
|
PGAL Hedge Fund Activity: Q2 2019 in Review
10 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Portugal ETF (PGAL) for Q2 2019, worth a combined $3.5M — up 80% from $1.94M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PGAL and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was CX Institutional, adding an estimated $2.83M. The largest seller was Susquehanna International Group, cutting an estimated $454K.
- 10 institutional investors held Global X MSCI Portugal ETF (PGAL) as of Q2 2019, down from 12 in Q1 2019.
- Funds reported $3.5M of Global X MSCI Portugal ETF stock for Q2 2019, up 80% quarter-over-quarter.
- 1 fund opened new Global X MSCI Portugal ETF positions in Q2 2019 and 3 closed out, a net change of -2 holders.
- The largest Global X MSCI Portugal ETF buyer in Q2 2019 was CX Institutional, an estimated $2.83M added.
- The largest Global X MSCI Portugal ETF seller in Q2 2019 was Susquehanna International Group, an estimated $454K sold.
Based on aggregated 13F filings for Q2 2019.