Global X MSCI Portugal ETF
PGAL
PGAL was delisted on the 16th of February, 2024.
7 hedge funds and large institutions have $1.17M invested in Global X MSCI Portugal ETF in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
36% less funds holding
Funds holding: 11 → 7 (-4)
48% less capital invested
Capital invested by funds: $2.23M → $1.17M (-$1.06M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$158K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$17.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$827K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$265K |
| 3 |
Jane Street
New York
|
-$181K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$22.5K |
| 5 |
HCP
Hexagon Capital Partners
Rogers,
Arkansas
|
-$11.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
1
Flow Traders U.S.
New York
| $475K | – | – | – |
|
|
OMC
2
Old Mission Capital
Chicago,
Illinois
| $294K | +$158K | +15,171 | +118% |
|
|
3
Citadel Advisors
Miami,
Florida
| $189K | +$17.4K | +1,672 | +10% |
|
|
ZIM
4
Zacks Investment Management
Chicago,
Illinois
| $115K | -$827K | -79,229 | -88% |
|
5
Morgan Stanley
New York
| $94.9K | – | – | – |
|
|
HCP
6
Hexagon Capital Partners
Rogers,
Arkansas
| $420 | -$11.1K | -1,067 | -96% |
|
7
Osaic Holdings
Scottsdale,
Arizona
| $62 | -$1.63K | -156 | -97% |
|
|
8
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$265K | -26,379 | Closed |
|
|
9
Jane Street
New York
| – | -$181K | -17,973 | Closed |
|
|
10
UBS Group
Zurich,
Switzerland
| – | -$22.5K | -2,237 | Closed |
|
|
TC
11
Truvestments Capital
Sarasota,
Florida
| – | -$2.99K | -297 | Closed |
|
PGAL Hedge Fund Activity: Q1 2023 in Review
7 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI Portugal ETF (PGAL) for Q1 2023, worth a combined $1.17M — down 48% from $2.23M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PGAL and 0 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Old Mission Capital, adding an estimated $158K. The largest seller was Zacks Investment Management, cutting an estimated $827K.
- 7 institutional investors held Global X MSCI Portugal ETF (PGAL) as of Q1 2023, down from 11 in Q4 2022.
- Funds reported $1.17M of Global X MSCI Portugal ETF stock for Q1 2023, down 48% quarter-over-quarter.
- 0 funds opened new Global X MSCI Portugal ETF positions in Q1 2023 and 4 closed out, a net change of -4 holders.
- The largest Global X MSCI Portugal ETF buyer in Q1 2023 was Old Mission Capital, an estimated $158K added.
- The largest Global X MSCI Portugal ETF seller in Q1 2023 was Zacks Investment Management, an estimated $827K sold.
Based on aggregated 13F filings for Q1 2023.