NORW β€” GLOBAL X FDS

Ownership history in Spire Wealth Management  Β·  19 quarters on record

This page tracks every 13F SEC filing in which Spire Wealth Management reported a position in GLOBAL X FDS (NORW). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.01% (2022 Q4)
πŸ“Š Avg. % of fund
0.0%
πŸ“… First filed
2021 Q2
πŸ“… Last filed
2025 Q4
⏱ Quarters held
19

Position Intelligence

Spire Wealth Management Γ— NORW AI Analytics

πŸ“‰ Spire Wealth Management underperformed the S&P 500 by –7.5% annually on this NORW position. Timing score: 50% (6/12 decisions correct). Average cost basis: $27.01. Maximum drawdown during holding period: –30.1%.

πŸ“ˆ Position Alpha vs SPY
-7.5%
annualised excess return

❌ Significantly underperformed the S&P 500 by 7.5% ann.
18 quarters analyzed

⏱️ Timing Score
50%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
6 of 12 add/trim decisions correct

πŸ’° Entry Quality
$27.01
+11.2% vs current ($30.04)

Best entry: $18.52 (2022 Q3)  Β·  Worst: $28.84 (2025 Q2)

πŸ›‘οΈ Drawdown Resilience
–30.1%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
42%
buy-side decisions

5 adds Β· 7 trims. Bought during 1 of 7 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.0% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    NORW price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 UNCHANGED 3,555 β€” 0% 0.00% $107K $30.04
2025 Q3 REDUCED 3,555 -8,913 -71.5% 0.00% $107K $29.78
2025 Q2 ADDED 12,468 +8,913 +250.7% 0.00% $96K $28.84
2025 Q1 REDUCED 3,555 -1 -0.0% 0.00% $96K $26.17
2024 Q4 UNCHANGED 3,556 β€” 0% 0.00% $83K $22.65
2024 Q3 ADDED 3,556 +2 +0.1% 0.00% $92K $24.27
2024 Q2 REDUCED 3,554 -1 -0.0% 0.00% $91K $24.17
2024 Q1 UNCHANGED 3,555 β€” 0% 0.00% $87K $22.38
2023 Q4 UNCHANGED 3,555 β€” 0% 0.00% $86K $23.24
2023 Q3 ADDED 3,555 +1 +0.0% 0.00% $87K $21.99
9 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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